India sees registration of over 16,500 new companies in September
The Hindu
As per the ministry's monthly information bulletin for the corporate sector, there were 14,14,277 active companies as on September 30.
As many as 16,570 new companies were registered in the country in September, taking the total number of active companies to more than 14.14 lakh, according to official data.
Data from the corporate affairs ministry showed that a total of 22,32,699 companies were registered in the country as on September 30.
Out of them, 7,73,070 companies were closed, 2,298 were assigned dormant status as per the Companies Act, 2013, 6,944 were under liquidation and 36,110 were in the process of being struck-off.
HSBC Flash India PMI shows uptick in private sector activity, with rising cost pressures and increased prices for customers.
Rupee rises slightly against US dollar amid geopolitical pressures, foreign outflows, and domestic equities; Brent oil surges.
Sensex and Nifty rebound in early trade driven by value buying, bank stock rally, and positive global cues.
The pandemic-induced downturn marked a turning point for cab drivers in Bengaluru. According to Tanveer Pasha, president, Ola and Uber Drivers’ Association, the number of active cabs in the city has dropped from over 1 lakh before the pandemic to just around 30,000 today.
Amazon will likely face an EU investigation next year into whether it favours its own brand products, said sources.
White House addresses bribery charges against Indian billionaire Adani, expresses confidence in U.S.-India relationship.
NTPC Green Energy IPO oversubscribed by 93% on day 2, raising ₹3,960 crore for renewable energy projects.
Chief Economic Advisor advises India Inc to focus on productivity, R&D, and quality over reliance on weak currency for exports.
Private telcos lost over 1 crore wireless subscribers in September, while BSNL added 8.5 lakh users, refusing to hike tariffs.
Gautam Adani indictment may become a factor in future negotiations between the Adani Group and Bangladesh, energy experts in Dhaka say
Indictment details Adani bribery scheme to secure solar power contracts, involving Adani Green Energy and Azure Power executives.