Government has provided big relief to the corporate sectors on compliance related issues particularly related to incorporation of businesses and qualifications of directors....
The government has reduced charges for digital trade transaction and ATM cash withdrawals to promote digital financial transactions at the time of COVID-19 pandemic....
In a major relief for small and medium enterprises, the central government has raised the threshold for default under the IBC to Rs 1 crore from the current Rs 1 lakh.
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India's second largest carmaker Hyundai Motor India Ltd, besides Kia Motors India, Franco-Japanese alliance car plant Renault Nissan Automotive India Private Ltd, two and three wheeler makers TVS Motor Company Ltd, Eicher Motors Ltd and Suzuki Motorcycle India Pvt Ltd have announced closure of their plants in order to contain the sp...
The Reserve Bank of India has extended the priority sector classification for bank loans to NBFCs for on-lending during FY 2020-21 providing continued liquidity support to the sector that had sunk into crisis following defaults a few large entities....
To contain the spread of the novel coronavirus pandemic in the country, the Indian Railways has asked the passengers not to come immediately to the reservation counters to cancel their tickets and relaxed the refund period of cancelled tickets up to 45 days....
In a bid to help battle the novel coronavirus pandemic, General Motors has announced it will use its resources to help produce much-needed ventilators for treating COVID-19 patients.
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