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Private firms News

02 Jul 2020

'By allowing private firms to run trains, Centre taking away lifeline of poor'

Congress parliamentarian Rahul Gandhi on Thursday renewed his attack on the Narendra Modi government over its moves to allow private firms to run passenger trains.

05 Apr 2015

Nuclear pool: Private sector insurers chip in with Rs 100 cr

The total size of the nuclear pool, which was officially kicked off from April 1, is Rs 1,500 crore and half of this will be contributed by the four state-owned non-life insurers and the sole reinsurers GIC Re, which is also state-owned.

30 Mar 2015

Govt provides clarity on deposit-taking norms for private companies

Amounts received by private firms from its members, directors or their relatives prior to April 1, 2014, would not considered as deposits under the new companies law, the government said today.

Private companies

26 Oct 2014

Private firms' sales growth moderated in FY13: Report

Sales of private companies in the non-financial segment moderated in 2012-13, registering 17.6 percent growth to Rs 2.01 lakh crore, as demand fell specifically from the services sector.

24 Sep 2014

Sales growth of pvt financial firms improves in Q1

The RBI data compares 2,755 listed non-government non- financial in the first quarter (April-June) of FY15 over 2,768 firms studied in the same period in the previous fiscal.

15 Jul 2014

RBI tightens exit rules for foreign investors from pvt firms

The Reserve Bank of India (RBI) Tuesday modified norms governing issuance and transfer of shares for foreign investors in unlisted companies today, laying stress on using international prices to arrive at valuations and did away with an "assured exit price" at the time of investment.

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