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Jan 15, 2020

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CBIC asks DGFT to tighten system for accrediting exporters

After unearthing firms that made fake export credit claims, the Central Board of Indirect Taxes and Customs (CBIC) has asked Director General of Foreign Trade (DGFT) to tighten...

IIT Kharagpur collaborates with MSMEs to promote industry consultancy

The Center of Excellence in Advanced Manufacturing Technology at IIT Kharagpur is roping in Micro Small and Medium Enterprises (MSMEs) for collaborative R&D projects and consultancy to develop...

E-comm platform will garner revenues of Rs. 10 lakh crore: Nitin Gadkari

Union Minister Nitin Gadkari has said the government plans to launch an e-commerce platform with an eye on garnering revenues of around Rs. 10 lakh crore over two-three...

MCA amends Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2O14

The Ministry of Corporate Affairs (MCA) has made certain amendments in the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2O14. The new rules may be called the Companies...

Liquidation rules tightened; IBBI notifies Liquidation Process (Amendment) Regulations, 2020

In a significant change in the liquidation framework, the Insolvency and Bankruptcy Board of India (IBBI) has prohibited secured creditors from selling assets of a company to any...

BKT supports British tractor maker JCB's world speed record

YORK, England - British tractor maker JCB recently set a world speed record for tractors - 135.2 mph - with the help of Balkrishna Industries Ltd., which supplied...

LANXESS completes sale of chrome chemicals business to Brother Enterprises

Cologne - Specialty chemicals company LANXESS today, January 10, 2020, completed the sale of its chrome chemicals business. The buyer is Brother Enterprises, a Chinese leather chemicals producer. All...

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