Karunjit Singh

  • IEPFA launches investor helpline

    IEPFA launches investor helpline

    Corporate affairs secretary Injeti Srinivas said that the helpline was set up was a major step to address the concerns of various claimants, according to a government release. The helpline was an initiative by the IEPFA with the help of Common Services Centre (CSC) e-Gov SPV under the IT and electronics ministry.

    Slump has bottomed out, but credit worries remain: BK Goenka

    Slump has bottomed out, but credit worries remain: BK Goenka

    Assocham president BK Goenka said the government had made efforts to make credit available to the industry but banks dragged their feet on it. He also highlighted that India needed more development finance institutions to fund long term infrastructure projects as commercial banks did not have the risk appetite to fund such projects.

    CCI urges ecommerce platforms to be transparent

    CCI urges ecommerce platforms to be transparent

    CCI chairman Ashok Kumar Gupta said discounting, including selling below cost, is used by businesses to create a market. “Below cost doesn’t necessarily mean predatory pricing. However, we then have to ascertain whether they have become large enough and should they continue with deep discounting?” he said.

    Startups to get 10-year waiver from regulatory filings

    Startups to get 10-year waiver from regulatory filings

    A government official said a notification would be issued soon to put into effect the proposed changes, although relaxation of norms on financial filings for startups would require an amendment to the Companies Act.

    Reach consensus on Bhushan Power assets, NCLAT asks ED, MCA

    Reach consensus on Bhushan Power assets, NCLAT asks ED, MCA

    The Ministry of Corporate Affairs and the Enforcement Directorate have locked horns over attachment-of-assets issue of Bhushan Power and Steel. While ED claims its right to do so under PMLA, the ministry (MCA) asserts that the case is under IBC.

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