Page-3 of Companies Act
IRCTC Revenue doubles; 14% increase in profits
The earnings from internet ticketing services of IRCTC (Indian Railway Catering and Tourism Corporation) increased by 80.8% between the period April, 2019 and September, 2019. The earnings in the four-month period is Rs 199.3 crores. It was Rs 199.3 crore ..
Month: Current Affairs - November, 2019
Government relaxes norms for shares with differential voting rights
Union Ministry of Corporate Affairs (MCA) has amended provisions relating to issue of shares with Differential Voting Rights (DVRs) provisions under Companies Act. This move is aimed at enabling promoters of Indian companies to retain control of their companies in ..
Month: Current Affairs - August, 2019
Corporate Social Responsibility
Corporate social responsibility (CSR) is a modern business practice. It aims to achieve a medium of self-regulation in which the company or the corporation is encouraged to be more socially accountable to the public. What is CSR? CSR is the ..
SPV s to Aid Direct Funding for Universities
Ten high-performing state universities are now setting up special purpose vehicles companies to receive the funds directly from the Central government. This model is being explored to cut the red tape. How the new Model would work? The selected universities ..
IEPF Authority recovers Rs 1514 Cr of Depositors Money
The Investor Education and Protection Fund (IEPF) Authority in a major success has recovered deposits worth Rs 1,514 crore from Kolkata-based Peerless General Finance and Investment Company. This money of depositors was pending with the company for the last 15 ..
Month: Current Affairs - April, 2019
Defence India Start-up Challenge
The Defence India Startup Challenge has been launched by the Defence Innovation Organisation to boost innovations under the Innovations for Defence Excellence (iDEX) scheme. The initiative has been launched with support from the Department of Defence Production, Ministry of Defence, Atal Innovation ..