More companies get women directors; non-compliant ones to face music
More than 50 companies including Adani Enterprises today announced the appointment of women directors, even as many others including some state-run giants lagged behind to get a female member on their board to comply with a new regulatory requirement.
Apr 01, 2015, 17:50 PM IST
Over 250 companies appoint women directors to meet norm on last day
Waking up at the last moment, over 250 companies including Adani Power, Adani Ports, Essar Oil and GVK Power on Tuesday appointed women directors to meet the Sebi deadline of midnight tonight for having at least one female member on their boards.
Mar 31, 2015, 22:30 PM IST
Companies Act: Norms on women, independent directors effective from April
Many new norms, including compulsory requirement of appointing women directors, will come into force from April 1 for companies as relevant transition timelines ends today.
Mar 31, 2015, 20:50 PM IST
PDMA should be independent of govt and RBI: Raghuram Rajan
Public Debt Management Agency (PDMA) should be independent of the government as well as the central bank for ensuring fiscal discipline, RBI Governor Raghuram Rajan said on Sunday.
Mar 22, 2015, 15:22 PM IST
Compliance window in black money law is not amnesty: Govt
The short window for declaring undisclosed assets under the proposed black money law will spare tax payers of prosecution but will have to pay tax and penalty as it won't be an amnesty scheme.
Mar 20, 2015, 22:19 PM IST
Canada inflation holds steady at 1.0%: government
Canada`s inflation rate held steady at 1.0 percent in February, with low fuel prices keeping consumer spending in check.
Mar 20, 2015, 21:08 PM IST
Allocated Rs 3,300 cr to MSME sector, highest in 3 yrs: Govt
Government has earmaked over Rs 3,300 crore this fiscal, the highest allocation in the last three financial years, to develop the MSME sector and is implementing a special programme to develop its infrastructure, Lok Sabha was informed today.
Mar 09, 2015, 14:34 PM IST
No proposal for separate regulatory framework for e-com: Govt
"Presently, there is no proposal under consideration of the government for a separate regulatory frame work for e-commerce," Minister of State for Finance Jayant Sinha said in a written reply to the Rajya Sabha.
Mar 03, 2015, 16:21 PM IST
Govt introduces Insurance Bill in Lok Sabha
The government on Tuesday introduced the Insurance Bill in the Lok Sabha which will replace an ordinance that was brought in to allow for higher foreign equity participation in Indian insurance companies.
Mar 03, 2015, 09:11 AM IST
Monetary policy to now target inflation, to be 6% by Jan 2016
"The Reserve Bank will aim to bring inflation below 6 per cent by January 2016. The target of financial year 2016-17 and all subsequent years shall be four per cent with a band of (+/-) 2 per cent," the agreement said.
Mar 02, 2015, 11:56 AM IST
Black money is cancer; govt committed to bring it back: Swamy
Terming black money as cancer for society, BJP leader Subramanian Swamy Thursday said the NDA government was committed to bring back to the country the illegally stashed money abroad.
Feb 19, 2015, 21:27 PM IST
Will continue with Aadhaar scheme: Centre to SC
The NDA government Friday told the Supreme Court that it will continue with the erstwhile UPA regime's flagship programme, the Aadhaar scheme.
Feb 13, 2015, 21:41 PM IST
CIL stake sale: Strong pitch made to foreign, domestic investors
A strong pitch has been made among investors from the US and Europe, as also various domestic funds and state-run behemoths like LIC and SBI, to participate in Coal India's mega share sale worth Rs 22,600 crore tomorrow.
Jan 29, 2015, 20:14 PM IST
Govt to sell 10% stake in CIL on Jan 30; to get Rs 24,000 cr
The government will sell up to 10 percent stake in the blue chip Coal India Ltd (CIL) through offer for sale on Friday and is expected to mop up around Rs 24,000 crore at current market price.
Jan 28, 2015, 18:53 PM IST
Govt amends rules under companies law
Amending rules under the Companies Law, government has exempted unlisted firms having overseas subsidiaries from preparing consolidated financial statement for the current financial year.
Jan 20, 2015, 22:56 PM IST
Govt's role is to facilitate business: Piyush Goyal
Government's role in business is facilitating it, not micro management, Power Minister Piyush Goyal said Saturday.
Jan 17, 2015, 19:00 PM IST
Coal scam: Sought nod to prosecute govt servants, CBI to court
CBI Monday told a special court that it has forwarded a request to the competent authority to consider granting sanction to prosecute two public servants who have been summoned as accused in a coal blocks allocation scam case.
Dec 22, 2014, 17:49 PM IST
Govt for Rs 1-cr penalty on entities violating Electricity Act
Seeking to make penal provisions more stringent in the power sector, the government has proposed imposing up to Rs 1 crore fine on entities violating norms under the Electricity Act.
Dec 21, 2014, 14:37 PM IST
Rs 119.95 cr production loss due to 89 industrial strikes: Govt
A total of 89 strikes were reported in various industrial complexes in the country this year, leading to loss of 11,67,987 man days and a production loss of Rs 119.95 crore.
Dec 15, 2014, 14:41 PM IST
Sebi asks RBI, MCA to join efforts to deepen corp bond market
As the government seeks to create a 'vibrant, deep and liquid' corporate bond market, regulator Sebi has approached RBI and Ministry of Corporate Affairs, among others, to address certain impediments in this regard.
Dec 14, 2014, 12:56 PM IST
