MINISTRY OF CORPORATE AFFAIRS
Over 13,000 complaints received from Indians working abroad: MEA
Minister of State for External Affairs V Muraleedharan gave data according to which as many as 13,665 complaints were received in 2019 (till October 31), while 17,379 complaints were received in 2018.
BSNL in talks with CBSE for sale of land parcels; eyes Rs 300 cr from asset monetisation in FY20
State-owned Bharat Sanchar Nigam Ltd (BSNL) ...
IT industry seeks 15% corporate tax rate for services companies in SEZs, fund for deep-tech startups
"What we have suggested is that given th...
NMDC Ltd reports 3.8% increase in iron ore sales
The state-run miner posted a marginal 0.7% rise in production of iron ore up to the month of December 2019 (Apr-Dec' 2019) at 22.01 mt, compared to a production of 21.85 mt in the same period last year.
Refiners seek govt nod to raise prices
State-run refiners, including Indian Oil Corporation, Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Mangalore Refinery and Petrochemicals, have together spent about Rs 35,000 crore in upgrading their units for BS VI-compliant fuels, to meet the official target of supplying less polluting fuel across the country from April 1, 2020.
CMPDIL to help Singareni Collieries set up washeries
CMPDI will prepare tender documents, conduct technical assistance in evaluation of offers, approve design drawings & offer periodic supervision during execution. For the coal handling plants with washery, CMPDI will prepare tender documents, offer technical assistance in evaluation of offers and approve design drawings. The MOU is for a period of 3 years.
Amazon’s 3 Indian units get Rs 4,472 crore ammo from parent
The investment comes after Amazon reported an 8% drop in revenue from its main Indian marketplace unit in FY19, which was likely due to the effect of the government’s revised foreign investment guidelines which came into effect in February.
Government approves allocation of 5 coal blocks, to generate Rs 17,136 crore revenue
For the first time, the successful bidders shall have the flexibility to sell 25 per cent of the coal produce in open market. "The ministry of coal, after a long gap of four years, has approved the allocation of five coal mines," the Coal Ministry said in a statement. This was the result of the auction conducted by the Centre last month.
Centre appoints Rohan Shah as Governor on ERIA Board
The appointment is for a period of three years. The Board of ERIA meets once in every six months in Jakarta and then in Japan. ERIA, formed by the Governments of the ASEAN countries, is engaged in research and guidance on policy formulation related to economic integration, cross border trade issues and narrowing development gaps in the ASEAN region.
MCA seeks details from Infosys on whistleblower complaint
The SEC has initiated a probe against the company following the complaint that has alleged 'unethical practices' by the top management of Infosys, listed in India and the US.
Typo in tax bill? Bill says lower MAT not this year
However, while the Ordinance said that the lower MAT will be effective immediately, the Bill said the reduced MAT will come into effect from next financial year.
Centre likely to sell 28 per cent stake in BEML through strategic disinvestment
The government currently holds a 54% stake in engg company, BEML, of which it may sell 28%.
Personal insolvency regime to be fully operational in one year: Injeti Srinivas
The corporate affairs ministry will be implementing the personal insolvency regime in phases.
MCA looking to set minimum threshold for homebuyers initiating insolvency
Government is looking into setting a minimum threshold for homebuyers to be able to drag builders to NCLT.
With renewable energy, Rail ministry to transform Indian Railways into 'Green Railways'
Through the Power Sector Reform (PSR) programme, the MoU with DFID envisages to include co-operation for energy efficiency and energy self-sufficiency for Indian Railways.
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