Companies Act seeks to allow new exec compensation tools

NEW DELHI: Finance and corporate affairs minister Nirmala Sitharaman on Monday introduced fresh amendments to the Companies Act, which seeks to decriminalise several procedural defaults, provide flexibility in buyback of shares and recognise new instruments for executive compensation.The bill, which has been referred to a joint Parliamentary committee for examination, provides for allowing restricted stock…

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Govt trade body DGTR recommends anti-dumping duties on Chinese yarn amid ethyl chloroformate probe

NEW DELHI: The Directorate General of Trade Remedies (DGTR), a body under the Union commerce ministry, has recommended the imposition of anti-dumping duties on Chinese viscose rayon filament yarn (above 75 deniers)—a widely used man-made textile fibre, according to a government notification issued on Monday.The proposed duties include $386 per metric tonne for Xinxiang Chemical…

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‘Gautam Gambhir does not need to be rude, rough because he is a good man’: Ganguly | Cricket News

Gautam Gambhir (ICC Photo) NEW DELHI: Gautam Gambhir is rarely seen smiling and carries the reputation of being a hard taskmaster. His aggression, celebrations, and constant involvement – from offering tips to players to applauding milestones and victories – along with his straightforward remarks in press conferences, are prime examples that define his serious demeanour.However,…

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