The Companies Bill 2009 will allow anyone to launch a Private Limited Company.Under the existing Companies Act 1958, two persons are required to launch a Private Limited Company and a minimum of five persons for a Public Company.The Companies Bill 2009, with the Parliamentary Standing Committee, allows any persons to start a private company of his own.This will help professonals, who could run a company...
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Under the existing Companies Act 1958, two persons are required to launch a Private Limited Company and a minimum of five persons for a Public Company.The Companies Bill 2009, with the Parliamentary Standing Committee, allows any persons to start a private company of his own.This will help professonals, who could run a company from his home'', Union Corporate Affairs Secretary R Bandhopadhya said.Mr...
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Nippo Batteries Company has appointed P. Dwarakanath Reddy, managing director of the company as chief executive officer (CEO) of the company....
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Pump manufacturer Kirloskar Brothers today said it has acquired controlling stakes in four companies."The company has acquired additional shares of four firms and the company has become the holding company of these companies," Kirloskar Brothers said in a filing to the Bombay Stock Exchange.Kirloskar Brothers has acquired 66 per cent stake in Kirloskar Corrocost, a company engaged in supply and application...
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Performance of companies How companies fared in markets, sales and profits The industry leaders Top companies across various sectors Most valuable pvt sector companies - 1 to 500 Most valuable pvt sector companies - 501 to 1,000 India's most valuable companies - public sector Index of companies ranked The trials of the past year have been captured well in the 18th listing of India’s Most Valuable Companies,...
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The Bill conflicts with the Banking Regulation Act.The Reserve Bank of India (RBI) has sought exemption from the provisions of the new Company Bill 2008 following its strong conflict with the Banking Regulation Act 1947. Private banks are governed and regulated by RBI under the Banking Regulation Act even as they are registered as companies under the Companies Act before receiving banking licences...
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The Institute of Company Secretaries of India (ICSI), the regulator for company secretary profession, submitted its 11-point recommendations to the government at the 37th national convention of company secretaries.These include specifying a maximum tenure of six years for independent directors, mandatory training of directors, allowing managing director or whole-time director in a listed company to...
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Akanksha Finvest has announced that the name of the company has changed to Akanksha Cellualar pursuant to change of the Main Objects of the Company.The Company has registered with the Registrar of Companies, NCT of Delhi an alternation of its Main Objects in the Memorandum of Association from 'Financing' to 'Telecommunication'. Now the Company is eligible to carry on the business of Telecommunicat...
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Opto Circuits India Ltd was today ranked among Forbes' Asia's 200 Best Under a Billion companies for the second consecutive year.The distinction was received by Mr Vinod Ramnani, Chairman and Managing Director of the Company, at an award function in Singapore, the company said in an announcement to BSE.Mr Ramnani said, ''I wish to thank Forbes for honouring us with such a ranking. It is a matter of...
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