Page 6 - Private Companies

Over 16,000 new firms registered since lockdown, 3,200 in April alone

While the numbers have dropped by over a half compared to last year, experts still consider this positive news given the economic climate around the world

Krishnamurthy Subramanian asks private firms to stop asking govt for aid

Subramanian said that since India had a public distribution system of food grains, the country didn't need to directly transfer cash to the people to support them in times of the pandemic

'Treat with urgency': SC tells govt about pleas against compulsory wages

Home ministry has repealed order asking companies to pay wages during lockdown, but court says matter is larger and 'lot of people are affected'.

NHAI to lean on private firms mostly for highways construction in FY21

NHAI targets to build 4,500-km highways in current fiscal year

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

Flurry of tax notices puts private companies' directors in a spot of bother

Section 179 of the Income Tax Act imposes vicarious liability on directors to recover tax dues of private firms

Private Chinese companies worry Beijing is more focused on big state firms

'Private firms provide most jobs and stable taxes, that's why the state needs to stabilise the private sector'

With risks developing hydra heads, companies run to cover top brass

As awareness increases, the market for directors and officers' insurance is growing at 25%