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Reliance Companies face a 50% fall in its Promoter Stake

After the Reliance Communications failed to get approvals from lenders and the Department of Telecommunications and filed for bankruptcy, approximately Rs. 552.17 Crore of its stocks were sold dropping the promoter stake below 50%.
12 Feb 2019 by Tanya Sharma

Government Amends Significant Beneficial Ownership in Companies


The government has brought a more clear regulatory structure for the companies where they need provide the details of the significant beneficial ownership in a more elaborate manner failing which strict actions can be taken against the concerned company.

12 Feb 2019 by Tanya Sharma

Uber files for IPO Registration in the U.S.

Uber Technologies Inc. has recently filed for initial public offerings of worth $10 billion with the U.S Securities and Exchange Commission.
16 Apr 2019 by Tanya Sharma

Bata Needs to Pay Rs. 9000 for Charging its Paper-Bag

A Bata outlet in Chandigarh was asked to pay a fine of Rs. 9000 after consumer’s complaint of charging Rs. 3 for its paper bag.
17 Apr 2019 by Tanya Sharma

CBDT makes new changes in the format and details of Form 16

The Central Board of Direct Taxes has made some changes in the format of Form 16 will gives a detailed breakup of all the income and taxes of a salaried person.
18 Apr 2019 by Tanya Sharma

Corporate Ministry Amends Company Incorporation Rules


Corporate Ministry has brought in changes in the Companies (Incorporation) Rules,2014. The amendment in the company’s act was brought in after issues faced by the applicants while registering their company due to various reasons that included trademark re

17 May 2019 by Archi Bhatia

Business Structure in India


Business structure is an organisation which carries out its business operation within a given jurisdiction and whose aim is to earn profits.

18 Aug 2019 by Koushal Dougra

NBFC vs Banks for Loans


Banks and NBFCs are both a fundamental part of the financial sector in our country. As both institutions access public funds in one way or another, it thus requires stringent rules to ensure that the activities of both Banks and NBFCs are not detrimental

26 Nov 2021 by Bhawna Arora