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VOLUNTARY CLOSURE
Firstsource Solutions CFO Dinesh Jain violates insider trading codeFirstsource said the violation was procedural and unintentional. The company informed the stock exchanges that Jain had proactively disclos...- Let sleeping bourses lie: Why the new BJP West Bengal govt shouldn't help resurrect Calcutta Stock ExchangeWest Bengal finance minister Swapan Dasgupta, while presenting the 2026 state budget, said the new BJP government plans to revive the Calcu...
- US military's plan for ground operation to seize Iran's Uranium was paused by Trump: ReportUS military leaders secretly briefed on a plan to enter Iran and seize nuclear material. Top General Dan Caine cut short a NATO meeting for...
- Unplug dead PSUs PS bureaucratic zzzIndia's government struggles to close ailing state-owned companies. Bureaucratic hurdles and complex asset sales delay closures. This ties ...
- PSU closure: Govt sets in motion new move after years wasted in stop-start processThe Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...
- Businesses can digitally record 'goods delivered' on e-way bill portal: GSTNGST registered businesses can now digitally close e-way bills upon delivery completion. This new voluntary feature on the GST portal streng...
- Ubisoft counts cost of restructuring with record annual lossFrench games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial ...
- Explained: What is the new ‘NACHO’ trade, and how is it different from ‘TACO’Wall Street is now using the 'NACHO' acronym, meaning 'Not A Chance Hormuz Opens,' as the Strait of Hormuz remains closed, impacting oil pr...
- Wildfire crisis: Hundreds of blazes rage across Florida and Georgia — what to know nowWildfires are rapidly spreading across Georgia and Florida, driven by drought, low humidity, and strong winds. Dozens of fires have burned ...
- Govt relaxes KYC rules for company directors, allows easier voluntary closure of state-run firmsThe corporate affairs ministry has eased compliance norms for company directors by allowing them to file know-your-customer details once ev...
- Inc & Out: How voluntary liquidation has become the new game in townCompany promoters are increasingly choosing voluntary liquidation to close unviable businesses. This structured process offers a clean exit...
- Voluntary closure of companies, LLPs drops in FY26, signals fewer business failuresIn the initial seven months of this fiscal cycle, we witnessed a drop in business closures alongside a surge in company and LLP registratio...
- Voluntary business closure time down to 93 days from 499 in FY22: Ministry of Corporate AffairsThe Ministry of Corporate Affairs revealed that the average time to voluntarily close a business decreased to 93 days last fiscal, down fro...
- Government working on aggregation of CA firms, accounting standards for insurance sectorGovernment and ICAI collaborate to boost global accounting firm presence. Efforts include setting standards for insurance sector and LLPs, ...
- Govt says over 7,700 cos voluntarily exited biz since setting up C-PACEThe corporate affairs ministry operationalised the C-PACE on May 1, 2023, to facilitate and expedite the applications filed for voluntary e...
- How to close SBI credit cardAn SBI cardholder can close their credit card by writing an e mail, calling customer care and by visiting the branch with a written request...
- Yarn shortage in domestic market pushes up prices of hosiery, knitwear items“We have been facing this price hike issue since last year which resulted in an increase in our product prices ranging from 1-1.5% to 4%. W...
- IBBI proposes statutory route for withdrawal of voluntary liquidation processLooking to plug the gap in voluntary liquidation regulations that do not provide for a statutory closure of the process, IBBI has put out a...
- Modi government decides to shut 3 HMT units, offer VRS to employeesThe decision to shut the units was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.
- Nokia Siemens Networks to shut down Kolkata telecom factory on July 31Telecom equipment-maker Nokia Siemens Networks (NSN) will close down its fixed-line manufacturing facility in the city from July 31.
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