by AIP Online Bureau | Jan 5, 2020 | Eco/Invest/Demography, Indian News
New Delhi: The government is considering a new law for setting up social impact companies, where profits can be distributed among the shareholders. An official said having such companies would help in attracting private capital for developmental activities in...
by AIP Online Bureau | Jan 5, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
German automaker Daimler AG said on Saturday it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and pose a hazard. The large recall covers more two dozen...
by AIP Online Bureau | Jan 5, 2020 | Eco/Invest/Demography, Indian News
NEW DELHI : In significant changes in income tax return filing forms, individual taxpayers owning house property in joint ownership and those who have paid ₹1 lakh in electricity bills in a year or incurred ₹2 lakh expense on foreign travel cannot file their...
by AIP Online Bureau | Jan 5, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life
New Delhi: The government is unlikely to announce capital infusion for the public sector banks (PSBs) in the upcoming Budget and will rather encourage them to expedite recovery of bad loans and raise funds from the market. Besides, sources said, banks...
by AIP Online Bureau | Jan 5, 2020 | Eco/Invest/Demography, Indian News, Policy, Regulation
NEW DELHI : Unlisted companies might soon be required to submit their financial statements to the government on a quarterly or half-yearly basis, according to an official. There are more than 11 lakh unlisted companies that are active in the country and...