CAclubindia News

FDI in Retail Sector to create 10 million jobs: Anand Sharma

28 November 2011 at 12:58

The decision of the Union Cabinet to permit FDI into multi-brand retail in the country will create 10 million new jobs including 6 million in the logistics sector alone, said Shri Anand Sharma, Union Minister for Commerce and Industry. Addressing

Posted in Community & General | 1 comments | 4149 Views

PM got past a split cabinet to push retail FDI

26 November 2011 at 12:55

It wasn't just a vocal opposition that was against the Cabinet's decision to allow 51% foreign direct investment (FDI) in multi-brand retail business. The cabinet itself was split down the middle, which had an animated — even heated &m

Posted in Community & General | 2 comments | 4476 Views

Deregulation of Savings Bank Deposit Interest Rate

26 November 2011 at 10:22

RBI/2011-12/281 UBD.BPD.(PCB)CIR No.13/13.01.000/2011-12 November 25, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate Please refer to our circular No

Posted in Community & General | 2 comments | 5181 Views

FDI for multi-brand retailing gets past cabinet

25 November 2011 at 12:01

You will soon be able to walk into a mega deep discount store run by global retailers such as Walmart, Tesco and Carrefour in your neighbourhood. Brushing aside political resistance from allies Trinamool Congress and DMK as well as some Congre

Posted in Community & General | 3 comments | 4311 Views

RBI gives nod to Air India plan, asks banks to meet on Monday

25 November 2011 at 12:01

The Reserve Bank of India (RBI) has approved state-owned Air India Ltd’s financial restructuring plan with conditions and asked a group of creditors led by State Bank of India (SBI) to take the process forward. RBI has written to SBI and o

Posted in Community & General | 1 comments | 3360 Views

ICSI - Online change of Address by the Members

25 November 2011 at 11:22

Sub : Online change of Address Dear Member, This has a reference to the ongoing initiative of the Institute for automation. In this regard, the facility for online change of address of the Members has also been added to the list of services alr

Posted in Community & General | 3504 Views

Corporate Tribunals

24 November 2011 at 16:14

The Government proposes to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) which will replace Company Law Board, Board for Industrial and Financial Reconstruction and Appellate Authority for Industrial

Posted in Corporate Law | 4422 Views

The New Tata Boss

24 November 2011 at 12:17

Cyrus Mistry is 43 years old, younger than what Ratan Tata was when he took over at the helm of the Tata group in 1991. His appointment will be part of a larger generational shift in the Tata group, after leadership changes in many of the operati

Posted in Community & General | 1 comments | 7074 Views

Companies Bill set to enter Parliament in winter session

24 November 2011 at 12:10

The Union Cabinet will take up the new Companies Bill for consideration on Thursday, minister for corporate affairs M Veerappa Moily told Hindustan Times. The finance and corporate affairs ministries had ironed out their differences over the bill,

Posted in Corporate Law | 1 comments | 5280 Views

LLP - Hints for successful DSC association of Designated Partners

24 November 2011 at 11:44

1. On LLP website (www.llp.gov.in ), every designated partner has to associate his/her digital signature under the tab "Associate DSC" along with personal information like name, father's name, PAN, Date of Birth & email address.

Posted in Corporate Law | 3918 Views