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Government Infuses Total Sum of Rs. 8911 Crore During the last Four Months, the Highest Capital Infusion in the Public Sector Banks in Recent Times. As part of the budgetary promise to provide a sum of Rs.16,500 crore to ensure that the Public Sector Banks are able to attain a minimum 8 per cent Tier-I capital by March 31, 2011, the Government today approved infusion of Rs. 6211 crore in five Public Sector Banks.
A fashion designer is an artist, insisted Tarun Tahiliani’s lawyers before the Bombay HC on Friday. The court has been called upon to decide whether fashion designers are eligible for I-T exemption available to artists. “Designing a garment or jewellery is the work of an artist. The designer conceptualises the work, uses his creative skills,’’ said his lawyers.
The Pune ROC has over 21,000 companies registered under it The scheme Company Law Settlement Scheme, 2010, gives an opportunity to the defaulting companies to submit the required documents, get concession in the fine and become a regular compliant in future. On the other hand, the Easy Exit Scheme, 2010, gives an opportunity to the defunct companies to get their names struck off the register under Section 560 of the Companies Act, 1956.
