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MCA to ease paid-up capital norms for firms
The Ministry of Corporate Affairs (MCA) has decided to relax the norms for companies to maintain minimum paid-up capital. According to the Companies Act 1956, the minimum paid-up capital for a private company is Rs 1 lakh and for a listed company Rs 5 lakh. According to official sources, while a company can be set up with any amount, but within a time-frame of two years it should raise the capital
The Ministry of Corporate Affairs (MCA) has decided to relax the norms for companies to maintain minimum paid-up capital. According to the Companies Act 1956, the minimum paid-up capital for a private company is Rs 1 lakh and for a listed company Rs 5 lakh. According to official sources, while a company can be set up with any amount, but within a time-frame of two years it should raise the capital
MCA works on new exit scheme for listed firms
The Ministry of Corporate Affairs (MCA) proposes to facilitate the winding up of listed companies which wish to discontinue their business, with an exit scheme tailored for them.
The Ministry of Corporate Affairs (MCA) proposes to facilitate the winding up of listed companies which wish to discontinue their business, with an exit scheme tailored for them.
Artistes to be paid in installments
The reluctance of the Tollywood stars to budge to the cuts in their remunerations, the eight-member committee of Telugu Film Producers
The reluctance of the Tollywood stars to budge to the cuts in their remunerations, the eight-member committee of Telugu Film Producers
Subir Roy: See you at the post office
India’s postal system is a huge asset which is currently under-utilised, under-skilled and under-developed. The 1.5 lakh post offices in a country of 6.4 lakh villages (that’s where the post
Paying the piper
It is heartening for this newspaper to see all major political parties lend their support to the campaign against paid news launched by the Editors’ Guild of India. Paid news is a phenomenon
If you have the money, it's raining offers on V-Day
When 23-year-old software engineer, Shweta Nayak, received a gift from her boyfriend for Valentine’s Day (February 14), she was both delighted and amused. Along with a diamond pendant, she got a
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