Govt likely to implement Companies Act fully by March 2016
The Companies Act, 2013, is likely to be implemented fully by March 2016, says president of the Institute of Company Secretaries of India (ICSI), Atul H Mehta. Addressing a press meet here, Mehta on Sunday said the Act is being implemented partially and the un-implemented sections of the National... read more »
Government Mulls Raising FDI Cap to 100 Percent for DTH, Cable Networks
Government is considering a proposal to raise FDI limits to 100 percent in broadcasting carriage and content services, including DTH and cable networks, aimed at attracting overseas investment and improve infrastructure. An inter-ministerial committee is considering FDI proposals, including hiking... read more »
Larsen & Toubro bags orders worth Rs 1,810 crore
Engineering major Larsen & Toubro (L&T) on Monday said it has bagged orders worth Rs 1,810 crore across various verticals so far in this month. The company’s construction arm has secured these contracts in the buildings and factories, water, power and transportation infrastructure... read more »
Indian IT companies among world’s worst paymasters
NEW DELHI: Indian IT companies are among the 10 worst paymasters in the world, says a survey — a mid-level IT manager draws an average salary of $41,213 while his Swiss counterpart gets over four times more. According to recruitment platform MyHiringClub.com’s Worldwide IT Salary 2015... read more »
Uber’s China rival Didi Kuaidi may join Ola fundraising
MUMBAI: The Uber vs Ola war is about to get more intense, and maybe even spill beyond the streets of India. Didi Kuaidi, China’s largest taxi-aggregator app, which is backed by... read more »
RBI’s job is to keep inflation low at all times, says Rajan
MUMBAI: Despite the clamour for a rate cut to boost the stagnating economy, Reserve Bank governor Raghuram Rajan has made it clear that the central bank favours a rate of interest that... read more »
Israeli aircraft strike Gaza after rocket fire
Israel carried out air strikes in the Gaza Strip on Saturday after Palestinian militants there fired rockets into southern Israel. The overnight air strikes targeted two training camps... read more »
Saudi-led coalition mistakenly kills 15 in Yemen
About 15 pro-government fighters were killed when Saudi-led warplanes shelled their military positions by mistake in Yemen’s oil-rich province of Marib, a military official has... read more »
For the first time in 70 years, Japan to let troops fight abroad
TOKYO: In a middle-of-the night vote that capped a tumultuous struggle with opposition parties in Parliament, Prime Minister Shinzo Abe of Japan secured final passage of legislation on Saturday... read more »
