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MCA has introduced amendments to the Companies (Appointment and Qualification of Directors) Rules, 2014, which have come into effect on August 1, 2024. These changes aim to enhance transparency and simplify the procedures for appointing directors. Notably, the amendment to rule 12A now mandates that updates made to personal information of directors must be done […]
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India still needs to cover some distance before manufacturing can contribute 25% of GDP. This next leap requires action from both the Government and private sectors. The Government should continue improving the cost of doing business through infra investments. The 2020s has already been a decade of uncertainties. The pandemic, regional conflicts and energy price […]
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The size of MSMEs matters in understanding their level of productivity relative to large enterprises in emerging economies including India. This means that micro enterprises trail large companies, by a greater margin in comparison to small and medium-size enterprises. The report noted that narrowing this productivity gap could be equal to an average of 10% […]
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Founded in 2018, Resourceful Automobile operates under the brand name Sawhney Automobile, dealing in Yamaha two-wheelers. The recent Rs.12 crores initial public offering of Resourceful Automobile, a Delhi-based company with just two outlets and a workforce of eight, has taken the market by storm with the issue receiving bids worth close to Rs 4,800 crores. […]
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