Page 37 - Companies

Harsh V Lodha reappointed as director in two MP Birla Group firms

He is now entitled to a 0.75% share in Birla Corp and Birla Cable profits; his profit-related commission can now exceed 50% of total remuneration of all non-exec directors of Vindhya Telelinks

India offers land twice Luxembourg's size to companies leaving China

Land has been one of the biggest impediments for companies looking to invest in India, with the plans of Saudi Aramco to Posco frustrated by delays in acquisition

Lockdown 3.0: Work from home to continue as firms postpone opening

The government has allowed private offices to function with 33 per cent of staff even in red zones, most of which are major cities

Govt relaxes workplace norms for firms allowed to operate during lockdown

Firms to earmark quarantine facilities and ensure all employees download the government's contact tracing mobile application

India Inc gets IBC breather for six months amid coronavirus outbreak

Section 7 of the Code enables financial creditors to start insolvency proceedings against a company, while section 9 gives these powers to an operational creditor

Challenging time for board of directors amid coronavirus outbreak

The board should immediately address the issue of succession for the CEO and other critical positions to ensure a seamless continuation of each critical function

Govt guidelines on resuming work may come as a burden to companies: Experts

Rules on sanitisation, social distancing and other aspects could bump up operational costs for companies

Explained: Why companies are facing crisis of confidence in leadership

The survey shows that the levels of worriedness are almost the same for respondents in Asia, Europe, and marginally higher in America.

Coronavirus outbreak: Cash-rich companies find favour in testing times

Healthy net cash position acts as an insurance against the demand downcycle

Covid-19: Contribution by firms to PM-CARES Fund to qualify as CSR spending

The corporate affairs ministry, which is implementing the companies law, has issued a memorandum clarifying that money donated by corporates to the fund would be considered as CSR expenditure

CoSara bags licence to make Covid-19 test kits, says will price it low

The company now plans to send sample batches to National Institute of Virology, Pune, for validation

Tamil Nadu firms suspend manufacturing over coronavirus outbreak

The state government said on Tuesday that six more people were tested positive, taking the total number of positive cases to 15

Covid-19: Govt tells companies to protect wages, not terminate workers

Companies may look to terminate the contract of workers 'on the pretext' of the Covid-19 or may force their employees to go on leave without pay

India Inc rules out cut in jobs and salaries amid coronavirus outbreak

The salary and job cuts are likely in the high-risk services sector, including airlines, hotels, malls, multiplexes, restaurants, and retailers

Coronavirus spread: Retailers, multiplexes, mall owners spar over rentals

Chains, multiplexes to invoke force majeure clause; litigations to increase

Advance corporation tax collection falls over 10% in Apr-Mar FY20

Total direct tax collections fell over 5 per cent, standing at Rs 9.57 trillion, till March 18 against the revised target of Rs 11.7 trillion for the current fiscal

Top biz headlines: GoAir stops int'l ops, exporters seek govt aid, and more

From GoAir suspending international flights to digital payments getting the boost amidst Covid-19 concerns, Business standard brings to you the top headlines of the day

New draft rules set to clamp down on CSR activities through trusts

The proposed rules would not allow trusts and societies to undertake any CSR activities.

Moratorium on YES Bank could impact most corporates briefly: India-Ratings

Corporate groups with a large dependency on the bank could face a longer period of disruption.

Jack Welch, legendary former GE chairman and CEO, dies: CNBC report

GE saw great growth and expansion under Jack Welch's leadership.