NMDC gets MCA approval for demerger of steel unit; stock rises 1%
The Ministry of Corporate Affairs on Tuesday approved the demerger of NMDC Steel from NMDC
The Ministry of Corporate Affairs on Tuesday approved the demerger of NMDC Steel from NMDC
The move aims to facilitate ease of doing business further and reduce compliance burden on small companies.
The accused is on board of Jillian India and has emerged as chief plotter of the whole racket of incorporating a large number of shell companies with Chinese links in country
The incorporations during FY22 are 8% more than the incorporations during FY21.
The aim of the new process is greater transparency in the company structure, but there is a need for clarity on many aspects.
The soon to-be-launched Project Insight, a Rs 1000 crore initiative by the government, aims at adding millions of new tax payers by scouring data from financial institutions and social media sites.