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ROC serves notice on 11, 888 firms for not filing returns
The Registrar of Companies (ROC) of Punjab, Haryana, Himachal Pradesh and Chandigarh has served a showcause notice on 11,888 companies for violating company laws for several years. The companies had not filed balance sheets with the ROC for three years. Out of the total, 35 companies are listed and 22 are government undertakings. Those issued notice were 6,112 from Punjab, 4,002 from Chandigarh and
The Registrar of Companies (ROC) of Punjab, Haryana, Himachal Pradesh and Chandigarh has served a showcause notice on 11,888 companies for violating company laws for several years. The companies had not filed balance sheets with the ROC for three years. Out of the total, 35 companies are listed and 22 are government undertakings. Those issued notice were 6,112 from Punjab, 4,002 from Chandigarh and
Fed launches CD-like program for banks
The Federal Reserve has launched a new program that allows banks to set up the equivalent of certificates of deposit at the Fed.
The Federal Reserve has launched a new program that allows banks to set up the equivalent of certificates of deposit at the Fed.
Govt scheme to give easy exit route to firms
In a major relief to over 500,000 unlisted companies across India that have stopped functioning according to government records, the Easy Exit Scheme 2010 ( EES-2010) comes as a great relief.
In a major relief to over 500,000 unlisted companies across India that have stopped functioning according to government records, the Easy Exit Scheme 2010 ( EES-2010) comes as a great relief.
'Effective exit policy a must for Indian economy'
Emergency policies introduced during the liquidity crisis and a high fiscal deficit could have damaging consequences for India and policy makers should look at an effective 'exit strategy', said
Emergency policies introduced during the liquidity crisis and a high fiscal deficit could have damaging consequences for India and policy makers should look at an effective 'exit strategy', said
Fed details plans to let banks set up CDs
The Federal Reserve announced details Friday of a program that allows banks to set up the equivalent of certificates of deposit at the central bank.
The Federal Reserve announced details Friday of a program that allows banks to set up the equivalent of certificates of deposit at the central bank.
Summary Box: Higher discount rate pushed
: Three of the Fed's 12 regional banks had wanted to boost the interest rates that banks pay the Fed for emergency loans. The regional banks in Kansas City, St. Louis and Dallas wanted to boost the
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