Indian Companies

The Ministry of Corporate Affairs (MCA) has introduced e-adjudication and e-consultation platforms to streamline legal proceedings and foster a more business-friendly regulatory environment, a senior official said on Wednesday. Addressing the ASSOCHAM-ACCA Global Summit on Responsible Corporate Governance and Sustainability Reporting, Anita Shah Akella, CEO of the Investor Education and Protection Fund Authority (IEPFA) and Joint Secretary at MCA, highlighted the government's commitment to balancing corporate integrity with economic dynamism. The introduction of e-adjudication and e-consultation platforms aims to simplify legal procedures, improve stakeholders' experience, and bolster India's ranking in the ease of doing business. "We are moving more towards an ease of doing business era, and an ease of exit of business doing era," she said. The corporate affairs ministry has decriminalised various offences under the Companies Act, 2013, marking a significant shift towards a ...

Says it's on track to reach $20 bn goal in exports by 2025

While concentration in the Indian economy has declined, large family business groups have strengthened their position and continue to wield significant pricing power

The beer highlights smoky, burnt notes, mirroring the fiery essence of roasted malts

Up to 6 per cent of all calls, 2 per cent of SMS noted as spam on the Airtel network

The insurance broker recently entered the Indian insurance market and acquired Arihant Insurance Brokers as a strategic initiative to gain entry into the broking market in the country

According to a press release by SBI Card, it achieved the milestone of 20 million credit cards in force, having started its credit card business in 1998

The acquisition will give tyre major access to 40 global OEMs and broaden its product offering into construction tyres and bias tracks

Raises FY25 capital expenditure by 72% compared to FY24

Up to 4% increase to be effective from Jan 1; higher input costs drive the move

Sinha said Myntra touched 70 million monthly active users during this festive season, and the Gen Z customer base doubled in one year

With the launch of M-Now, Myntra is among the first vertical players of scale globally to start delivering fashion at hyper speed

Venture Capital firm Antel India is planning to invest USD 25 million, or about Rs 211 crore, in 50 startups in 2025, the company said on Wednesday. The venture capital firm has invested in 30 startups in 2024 through its maiden USD 75 million fund. "Antler plans to ramp up investments further in the next year and make 50 investments in 2025. We plan to invest USD 25 million in the 50 companies," Antler India Partner Rajiv Srivatsa told PTI. The company's 2024 investments include a wholesale marketplace for fashion retail Bizup, aluminium-air fuel cell technology company Meine Electric, open mobility platform Namma Yatri, personal loan facilitator firm Keeper, which uses paid leaves as digital assets for salaried employees, AI-powered dashcam provider Cautio, etc. "Our investment pace reflects both the quality of the founders we're meeting and our conviction that the next wave of global technology companies will emerge from India. We have invested in 30 companies this year, many of

Swiggy's overall Gross Order Value (GOV) grew 30 per cent year-on-year to reach Rs 11,306 crore, reported the company for the quarter and half-year ended September 30, 2024

As Vim is the leader in the dishwashing space, the company has now entered the floor cleaning category with the same brand

At present, the overall user base of PhonePe is over 500 million. Of these, its merchant base is over 40 million

He says SBI is comfortable with liquidity with overall credit deposit ratio at a modest 68 per cent and the aim is to maintain incremental CD ratio at 100 per cent

The initiative of the Nasscom Responsible AI Hub to come up with a playbook will establish a unified industry framework for AI risk identification and mitigation in India

The company aims to utilise the net proceeds of the issue for the acquisition of land and land development rights, as well as general corporate purposes

Indian firms lead in-office work trends with 90% requiring more than three office days weekly; over 54% of Indian companies expect an increase in office attendance by 2030, compared to 43% globally