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Cabinet approves eight amendments to IBC for easier resolution

New Delhi, July 17 -- The Union cabinet on Wednesday cleared major changes to the bankruptcy law that will enforce a strict 330-day timeline for the insolvency resolution process, including any legal ... Read More


Companies will have to pay unused CSR money into state corpus

New Delhi, July 17 -- Companies will have to deposit their unused funds meant for corporate social responsibility (CSR) activities to a fund set up by the government for better utilization of resource... Read More


Cabinet clears amendments to IBC, bankruptcy resolution gets maximum 330 days

New Delhi, July 17 -- The government on Wednesday cleared amendments to the Insolvency and Bankruptcy Code (IBC) to enforce strict timelines for the rescue of companies and maximize the value of the i... Read More


How government taps the super rich in its efforts to help the poor

New Delhi, July 17 -- After his historic victory at the end of a long-drawn election campaign, Prime Minister Narendra Modi said in his victory speech on 23 May that according to him, only two castes ... Read More


Respond to Gangwal's charges in three weeks, MCA tells InterGlobe Aviation

New Delhi, July 16 -- The ministry of corporate affairs (MCA) has written to InterGlobe Aviation Ltd to respond to all the charges of corporate governance lapses raised by its co-founder Rakesh Gangwa... Read More


Pakistan reopens airspace for civil aviation after Balakot strike

New Delhi, July 16 -- Pakistan aviation regulator has opened its airspace for all types of civilian traffic with immediate effect, giving much needed relief to several international airlines including... Read More


MCA asks InterGlobe Aviation to respond to Gangwal's charges

New Delhi, July 16 -- The Ministry of Corporate Affairs has asked InterGlobe Aviation Ltd., the company that runs India's largest airline IndiGo, to respond to all the charges of corporate governance ... Read More


Will income tax department extend July 31 deadline for ITR filing?

New Delhi, July 13 -- Pressure is mounting on the Income Tax Department to give extra time to people for filing income tax returns for the 2019-20 assessment year on account of the changes brought in ... Read More


Govt's $5-trillion economy vision backed by concrete plan: Sitharaman

New Delhi, July 13 -- Finance minister Nirmala Sitharaman on Friday defended her maiden Union budget saying the goal of making India a $5-trillion economy was backed by a concrete plan. She also dismi... Read More


Sitharaman counters opposition criticism over budget numbers in Rajya Sabha

New Delhi, July 12 -- Finance minister Nirmala Sitharaman on Friday defended her maiden Union budget, saying its goal of making the Indian economy grow to $5 trillion was backed by a concrete plan, di... Read More