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DORMANT COMPANIES
PhonePe wallet inactivity fees do not affect bank accounts or UPI transactionsPhonePe clarifies inactivity fees apply solely to its prepaid wallet, not linked bank accounts or UPI transactions. Users receiving notific...- Anthropic IPO filing ratifies Wall Street's AI obsessionTech stocks continue to lead the Nasdaq Composite and S&P 500 in a record-breaking market rally, while Elon Musk's SpaceX is set to price i...
- Japanese biotech developing tooth-regrowing drug raises $5.3 million to advance human trialsToregem BioPharma has secured $5.3 million to advance its experimental tooth-regeneration drug, TRG035, into Phase II clinical trials. The ...
- Wall St regulator proposes to scrap Biden-era climate ruleThe U.S. Securities and Exchange Commission is proposing to remove rules requiring companies to disclose climate-related risks and spending...
- Bluesky accounts hijacked in pro-Russia propaganda campaignA Russian influence campaign hijacked hundreds of Bluesky accounts -- many belonging to influential Americans -- to spread propaganda, rese...
- India’s gold import problem may already have a solution at homeIndia's massive gold imports are prompting a shift in consumer behaviour. Families are now exchanging old jewellery, unlocking dormant valu...
- Google blocked the first known AI-powered attack on 2FA accounts; here is how hackers tried to break in, know how to stay safeForeign hackers attempted a novel AI-powered cyberattack targeting two-factor authentication using a zero-day exploit. Google's Threat Inte...
- How to manage the rupee while protecting growthFirst, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. ...
- Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...
- SC order turns up tax heat on old benami transactionsThe Supreme Court has ruled that tax authorities can retroactively apply the benami law to confiscate assets from transactions predating 20...
- Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
- ETMarkets Smart Talk| Financials, consumer discretionary, metals to drive FY27 growth: Rahul BhuskuteDespite a volatile start to FY27 driven by geopolitical risks, oil price swings, and rate uncertainty, the outlook for Indian equities rema...
- Registrars of Companies removes 3.39 lakh companies in last 2 fiscalsMinister of state for corporate affairs Anurag Singh Thakur said that the ministry through its RoCs files prosecutions against companies th...
- Jersey no longer a safe haven for dormant shell companiesJersey is raising the criteria relating to ‘substance’ for entities that for years have been dormant shell cos.
- Government strikes off names of 1 lakh companies this fiscalMinister of State for Corporate Affairs P P Chaudhary told the Rajya Sabha that the term 'shell company' is not defined in the Companies Ac...
- 2.5 lakh companies sans business activity stare at closureAs per norms, the names of these companies will be struck off and the entities dissolved in the absence of any objection, an official said.
- Centre may shut down 7 lakh shell companies in war on black cashCleansing the list of 15 lakh registered companies is in itself a huge task since the suspected entities constitute more than 40% of the to...
- Highlights of Companies Bill, 2011A private company can now have a maximum of 200 members, up from 50 in the Companies Act, 1956.
- Nearly 2 lakh companies found irregular in furnishing financial statements: MCANearly 2 lakh companies registered in the country have been found to be irregular in furnishing their financial statements and other filing...
- Over 1.4 lakh companies dormant in India: GovernmentMaharashtra had a total of 35,664 dormant cos as on August 20, 2012, while the national capital had 28,905 such cos on this date.
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