Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

PM clears air over 3G auction; bidding shortly
Prime Minister Manmohan Singh today said that 3G telephony spectrum would be auctioned soon, thus ending the uncertainty generated by reported differences between ministries of telecom and defence on vacation of airwaves.

Inflation a risk to recovery: World Bank
Asian economies must handle their monetary and currency policies carefully to avoid unleashing a wave of potentially destabilising inflation, World Bank President Robert Zoellick said today. The US and European economies, which are barely starting to recover from the global meltdown, are less at risk, but in Asia, the massive liquidity flowing into regional markets could push asset prices up dangerously high, Zoellick said.

News of the day

SAIL Sales up 14% in Q2
The country’s largest steel maker, Steel Authority of India Ltd (SAIL) today reported 14 per cent growth in its sales at over 3 million tonnes during the second quarter ended September 2009, over the year-ago period. “The company achieved record Q2 sales of over 3 million tonnes, registering growth of 14 per cent over the corresponding period last year,” SAIL said in a statement.
International Business

Govt can't ask India Inc to give jobs to minorities

The Companies Act does not empower the government to advise India Inc to provide jobs to minorities, but the corporates should take the initiative on their own, Corporate Affairs Minister Salman Khurshid informed Lok Sabha today. - BSNL fails to retire Rs 7,500 cr govt loan: CAG report - India Inc raises Rs 1.74 lakh cr via corporate bonds in FY09 - General Motors exits bankruptcy - AIG seeks US govt nod for bonuses: report - Moody"s may downgrade India on worsening govt debt position - Tamil Nadu allots land to Bavina Car"s Rs 300-cr facility "The provisions of the Companies Act do not empower the government to advise the corporate sector for providing jobs to minorities... The government has started the process of developing a common perspective on the issue of voluntary affirmative action by the corporate sector," Khurshid told Lok Sabha in a written reply. Earlier, the government had said creating more jobs is needed for uplifting the weaker sections of society rather than reservation. The minister had said empowerment and capacity building are the answers and not reservation. To a query on strengthening the enforcement mechanism against corporate frauds in the country, Khurshid said the new Companies Bill, 2008, provides for more stringent provisions in case of fraudulent activities by firm, directors and auditors etc. It also seeks to better regulate related party transactions, impose restrictions on non-cash transactions, prohibiting insider trading etc, he added.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009