Page 4 - Private Companies

US private sector adds 517,000 jobs in March on labour market recovery

Private companies slashed roughly 20 million jobs in March and April last year amid Covid-19 shutdowns

Decoded: What is SPAC and is it the real thing or a misplaced hype?

Special Purpose Acquisition Companies, or SPACs, are listed shell companies created with the sole purpose to acquire unlisted or private companies and then merge with the latter

Rail PSU invites private players to be part of 'roll-on roll-off' service

Railway PSU DFCCIL has floated a tender inviting private players to be part of a roll-off, roll-on service

Modi says defaming private enterprises won't fetch votes anymore in India

Strongly defends farm acts says investments in agriculture will create jobs; again invites protesting farmers for talks

More reforms in offing to lift pvt participation in energy sector: Oil secy

With oil prices slumping after the pandemic pummelled fuel demand, upstream producers such as ONGC asked the government to cut oil cess and royalty

Private train operators allowed to choose halt stations: Indian Railways

The private operators have to submit in advance to the Railways the list of such intermediate stations on the trains' paths where they are proposing halts in advance.

Opening up of the space sector: India set for breaking new horizons

The initiative of bringing in a 'new space regime' lays a solid foundation for India to multiply its capabilities in space by several folds

Coal workers' strike: Trade unions to decide on future course of action

Tapan Sen, general secretary of the Centre of Indian Trade Unions (CITU), said that in comparison to the previous two days, more workers have joined the strike on Saturday

Govt inviting private firms to operate trains will affect the poor: Rahul

Railways on Wednesday formally kickstarted its plans to allow private entities to operate passenger trains on its network

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%