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DCA panel dilutes norms
NEW DELHI MARCH 22.The expert group on nidhi companies under the Department of Company Affairs (DCA) today suggested a slew of measures including issue of shares of minimum Rs. 100, keeping 10 per cent of deposits with a bank and mandatory ...
Lock-in period lifted for repatriation
MUMBAI MARCH 22. In a move to provide greater facilities to non-resident Indians and persons of Indian origin (PIOs), the Reserve Bank of India has removed the lock-in period for repatriation of sale proceeds of immovable property purchased in ...
HLL to transfer Diversey to Johnson subsidiary
MUMBAI MARCH 22.Hindustan Lever Ltd. is to transfer its Diversey Lever business as a going concern to Johnson Wax Profesional Pvt. Ltd., a subsidiary of SC Johnson Commercial Market Inc., U.S., at a value of Rs. 55 crores. Diversey Lever ...
Nepal PM ensures security of investments
Nepal will shortly be introducing legislation on company law and to ensure security of investments in that country. It is also planning to set up an investment board to be headed by the Prime Minister. This is one of the measures being taken to ...
Other Stories

  • Nokia's gameplan to penetrate GSM market
  • Equities drift further
  • Reform linked assistance to States
  • Model Fin's debt restructuring
  • Infrastructure revives in Feb.
  • Stock Market Index
  • Exchange rates
  • Bullion rates

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