Flexibility to Companies in Designing CSR Activities

New Delhi, September 05, 2013: The new Companies Law has a provision in Clause 135 that every company having net worth of Rs. 500 crore or more, or turnover of Rs. 1000 crore or...

Corporate Social Responsibility and Sustainability Provision for the Central Public Sector Enterprises

New Delhi, September 05, 2013: The Department of Public Enterprises (DPE) has issued guidelines on Corporate Social Responsibility (CSR) and Sustainability for Central Public Sector Enterprises (CPSEs) in April, 2013 wherein each CPSE shall,...

PM’s statement on the current economic situation in the country

New Delhi, September 02, 2013: Following is the text of the Prime Minister, Dr. Manmohan Singh’s statement in the Lok Sabha, on the current economic situation in the country: “The movement of the exchange rate...

Tie up between Banks and Insurance Companies

New Delhi, September 02, 2013: The Insurance Regulatory and Development Authority (IRDA) has informed that Public Sector Banks have tie-ups with insurance companies to do business.  IRDA has further informed that the transfer...

Board of Approval Clears Two New SEZ Proposals

New Delhi, September 02, 2013: The 59th meeting of Board of Approval (BoA) on Special Economic Zones (SEZs) and 4th meeting of 2013 series on Export Oriented Units (EOUs) were held here today under...

India asks Russia to Revoke Ban on Indian Rice

New Delhi, August 23, 2013: The Union Minister of Commerce and Industry Shri Anand Sharma today met Mr. Alexey Valentinovich Ulyukaev, Minister of Economic Development, Russia at the sidelines of ASEAN Ministerial meeting in...

Omkar Offset Printers won gold award in National Awards

Bangalore, August 23, 2013: Omkar Offset Printers won gold award in National Awards for Excellence in Printing 2013 in Souvenir category held in Pune on 10 August 2013. The event was organized by All...

Building and Construction SMEs Witness Improved Business Orders: IndiaMART Knowledge Services

New Delhi, August 22, 2013: IndiaMART Knowledge Services (IKS) survey captures SMEs' views on present business scenario, barriers to growth, future sales & employment etc. India is pegged to become the world's third...

Restructuring of Loans in Public Sector Banks

New Delhi, August 21, 2013: The Reserve Bank of India (RBI) has informed that five complaints /representations regarding irregularities in restructuring of loans in public sector banks in the country have been received. One...

Permission Granted to Private Companies for Setting up of Technical Institutions

New Delhi, August 21, 2013: The Central Government has granted permission to private companies to set up technical institutions in the country. This was stated by the Minister of State for Human Resource Development,...