Friday, March 24

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CCI Approves Acquisition of Shares in Fullerton India Credit Company Limited by Sumitomo Mitsui Financial Group, Inc
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CCI Approves Acquisition of Shares in Fullerton India Credit Company Limited by Sumitomo Mitsui Financial Group, Inc

The Competition Commission of India (CCI) approves acquisition of shares in Fullerton India Credit Company Limited (FICC/ Target) by Sumitomo Mitsui Financial Group, Inc.(SMFG / Acquirer) under Section 31(1) of the Competition Act, 2002. The proposed combination relates to the acquisition of equity share capital of the Target by the Acquirer. It is in the nature of an acquisition and falls under Section 5(a) of the Competition Act, 2002. Acquirer SMFG is the holding company of Sumitomo Mitsui Banking Corporation (SMBC) and its other group companies. Its primary business is to manage its banking subsidiaries and other companies. Apart from commercial banking, the SMBC group is also engaged in a diverse range of financial services, including leasing finance, project finan...
The ESHRAM Portal Launched on 26th August 2021 by Shri Bhupender Yadav, Hon’ble Minister (L&E) in Presence of Shri Rameswar Teli, Hon’ble Minister of States (L&E).
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The ESHRAM Portal Launched on 26th August 2021 by Shri Bhupender Yadav, Hon’ble Minister (L&E) in Presence of Shri Rameswar Teli, Hon’ble Minister of States (L&E).

eSHRAM portal has been developed for creating a National Database of Unorganized Workers, seeded with Aadhaar. It will have details of name, occupation, address, educational qualification, skill types and family details etc. for optimum realization of their employability and extend the benefits of the social security schemes to them. Any worker who is working in unorganized sector and aged between 16-59, is eligible to register on the eSHRAM portal e.g. migrant workers, gig workers, platform workers, agricultural workers, MGNREGA workers, Fishermen, Milkmen, ASHA workers, Anganwadi workers, Street Vendors, Domestic workers, Rickshaw pullers and other workers engaged in similar other occupations in the unorganised sector. It is the first-ever national database of Unorganised Workers inc...
IBBI Update | 19 JUL 2021
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IBBI Update | 19 JUL 2021

2021-07-09 Public Announcement of Corporate Insolvency Resolution Process-NATURE INDIA COMMUNIQUE LIMITED ( L74120DL1981PLC012743 ) NATURE INDIA COMMUNIQUE LIMITED with CIN L74120DL1981PLC012743, is a 39.8 Years old, PublicListed Indian Non-Government Company, registered at NEW DELHI (Delhi),with a paid up capital of ₹20.00 Lakhs.As per MCA and other Industry classification records, the main line of business is Other Business ActivitiesThe status of NATURE INDIA COMMUNIQUE LIMITED,as on date is Active. Company has filed its Annual Returns and/or Financial Statements upto 31-03-2019 i.e. FY 2018-2019 As on date,4 Directors and 1 Signatories are associated with the company. The company had 6 Directors in the past, who have already resigned, on various dates. ...