Short companies bill slotted for winter session
The Government plans to introduce a short bill to amend the Companies Act, 1956, in the Winter session of Parliament which will make defaults in repayment of deposits a cognizable offence and providing imprisonment for such defaults, Union law, justice and company affairs minister Ram Jethmalani said on Friday.

Food, petro ministries agree to MoST request for truck, tanker rates hike
Officials in the ministries of food and petroleum have agreed to a request of ministry of surface transport for increase in truck and tanker rates.

No change in IFC insurance plans
The 26% cap set for foreign private equity in insurance sector notwithstanding, International Finance Corporation, a member of the World Bank group, has kept open its plan to invest in the insurance business in India, a top IFC official said.


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