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Market regulator Sebi intends to do away with the concept of promoters for companies that will be allowed to list on a new platform it is planning for startups. The waiving of promoter tag will help startups save on costs related to regulatory compliance and also some of the obligations on the part of such […]

At present, consumers have to pay service tax for services provided by restaurants, eating-joints or messes which have air-conditioning or central air-heating

With younger generation taking a liking to online or hi-tech methods of fund transfer, rather than filling up reams of paper, bank cheque may also soon go out of fashion.

In a significant relaxation, private cos have been exempted from certain provisions for related party transactions under the Companies Act, 2013.

Diversified conglomerate Tata group, which is giving shape to its ecommerce venture code named Tata Mall has hired between 35 and 50 executives who will work out Mumbai’s new business district. Tata Mall, which will be a subsidiary of Tata Industries, has hired a mix of internal recruits and some from Tata Administrative Services, he […]