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Over 3.8 lakh shell cos struck off under companies law in 3 years

More than 3.8 lakh companies have been struck off from official records under the companies law during the past three years, according to the government.


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Petronas looks to acquire minority stake in Tata Power Renewable Energy

Malaysia’s state-run oil and gas company, Petroliam Nasional Bhd or Petronas is looking to acquire around 10% stake in Tata Power Renewable Energy Ltd (TPREL), said four peo
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India emerging as big manufacturing centre

Union Minister Ravi Shankar Prasad on Sunday said that the global manufacturer ecosystem is realising that they must have other places apart from China as India is emerging as a b
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Banks allowed access to information on assessees from IT Dept

Scheduled commercial banks can access information about individual assesses from the Income Tax Department, the Central Board of Direct Taxes (CBDT) has said.


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More than ₹10 trillion loans may avail restructuring benefit: Bankers

Banks may restructure loans of more than ₹10 trillion largely attributed to 5-6 critical sectors, including aviation, commercial real estate and hospitality, that have been
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Vodafone Idea plans to raise up to $1.5 billion through equity

Telecom operator Vodafone Idea plans to raise $1-$1.5 billion via equity sale as it works with potential strategic partners to buy stake. The telco is in talks with both d
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Faceless e-Assessment Scheme for Taxpayers: Challenges and impact on the Indian tax administration

For the past few years, the government has been taking several measures to bring in transformation in both direct and indirect taxes. The objective has been to create a taxpayer-f
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