Business

  When I was a kid, while living in a village, I noticed two types of people. One type, educated (called as literates) and another type were uneducated (called as illiterates). The illiterate people were called as ‘Hebbettu’ (Thumb). They were called as Hebbettu because they did not use their …

Cost To Company (CTC) is the gross salary offered by a company to its employees. CTC was not a popular jargon of old India. The new generation companies, Multi National Companies (MNC) use this jargon quite often. The employees will find it hard to digest the fact of getting a …

  Retirement Age Working people have to retire one or the other day. People in 40s will always be aiming to retire around 55+; people in 50s will be aiming to retire around 60+; working people in their 60s, will aim at retiring around 70s. Politicians don’t expect to retire …

  Swachh Bharat Abhiyan initiative led by our PM is gaining momentum in the country. It all started with his speech on 15th August 2014 and launched on 2nd October 2014. Politicians, celebrities, industrialists are taking part in this mission. According to me, this mission will be successful if two …

  One day a client of ours, aged about 68 years, owner of a well-established Small and Medium Enterprise (SME) unit at Jigani Industrial area, Bangalore wanted our inputs about the succession planning for his enterprise. He has a son who has studied engineering at BMS College and did his …

  On this Thursday, 20th November 2014 my colleague told me that he was shocked to see the share price of State Bank of India (SBI) quoting at Rs.290 per share. His demat account was showing a loss of Rs.6000”. For a minute, he couldn’t believe that SBI share which …

The enactment of the Companies Act, 2013 is a key event for the Indian corporate sector. The Companies Act, 2013, which replaces more than half a century old law, has introduced several changes and new requirements. This quiz is designed to check basic knowledge on important changes made in the new …

  This is where I left the NPS article yesterday. The return on pension fund is not great. The return may be even lesser than the return on a bank fixed deposit. If that is the case, why one has to invest in Pension fund? Is the pension fund a …

  Refer to our earlier article on Company law settlement scheme 2014 (CLSS – 2014), introduced by Ministry of corporate Affairs vide general circular No 34/2014   on 12-08-2014 further extension circular dated 15-10-2014 which was to end on 15th Nov 2014. I have come across many business owners who had incorporated company …

  Do you know that only company incorporate under company Act, can use the words “Limited” or “Private Limited”. As per sec 453 of Company Act 2013, any person who carry on business under any name or title of which the word “Limited” or Private Limited” and if it is …