Tag: Corporate

KAN Holds A Day-Long Conference On Corporate Governance

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SRINAGAR: A day-long conference on the scope and concerns of Corporate Governance was organized by Kashmir Angel Network at Islamia College.
The conference was held in three sessions on perspectives related to Introduction, Technical, and Industry, organized by the Angel network in collaboration with the Islamia College of Science and Commerce.
Irtif Lone introduced Kashmir Angel Network to the audience and its role in building up an enabling ecosystem for youngsters to undertake startups.
Speakers highlighted the need for bringing in various elements of corporate governance in all spheres of corporate management and operations.
It was further brought to notice that the apparent disconnect between Academia and industry needs to be removed to bring efficiency to industry and promote entrepreneurship among the student community.
Dr Khurshid Ahmed, the principal of the college addressed the audience and spoke about the role of Islamia College.
Chairman KAN, Shabir Ahmed Handoo presented an introductory overview of the event.
Masood Hussain, a senior journalist of Kashmir talked about the macro-economic indicators and the prevalent business gaps in the market.
The technical session was graced by an eminent group of speakers, throwing light on different dimensions of corporate governance. It included Farukh Khan, CA Akeel Fayaz Mattoo, and Zubair Iqbal, former regional head of HDFC Bank.

The post-lunch session was the Industry session, and the speakers shared their experiences with the audience. Mehmood ur Rashid, Prof Seema Bashir, Irfan Zargar, M Ashraf Mir, Saad Parvez, Mahmood Ahmed Shah.

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( With inputs from : kashmirlife.net )

May 6, 2023
Political leaders meet people from corporate sector: Raut on Pawar-Adani meeting

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Mumbai: Shiv Sena (UBT) MP Sanjay Raut on Friday played down NCP chief Sharad Pawar’s meeting with industrialist Gautam Adani, saying that political leaders do meet people from the corporate sector.
The Adani Group chairman met the Nationalist Congress Party chief a day before.
“Sharad Pawar or for that matter every big political leader meets people from the corporate sector,” Raut said in response to a question by reporters here.

The meeting assumed some significance as earlier this month Pawar had said the Supreme Court-appointed panel will be more useful than a Joint Parliamentary Commitee for looking into US-based Hindenburg Research’s allegations against the Adani group.
The NCP chief, thus, appeared to be breaking ranks with opposition leaders who have been demanding a JPC on the Adani issue.
Later Pawar said he will not oppose the demand for a JPC.
Raut, incidentally, also met Pawar after the latter’s meeting with Adani.
“We keep meeting, and Pawar is a key leader of the Maha Vikas Aghadi (the alliance of Sena (UBT), NCP and Congress). What is surprising if we or Congress leaders meet Pawar. We had a discussion on many issues in the country and state,” the Rajya Sabha MP said.

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#Political #leaders #meet #people #corporate #sector #Raut #PawarAdani #meeting
( With inputs from www.siasat.com )

April 21, 2023
UAE announces corporate tax registration exemptions

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Abu Dhabi: The United Arab Emirates (UAE) has announced that certain businesses are exempt from registering for corporate tax that will be introduced in June this year, the Emirates News Agency (WAM) reported.
The Ministry of Finance has issued Ministerial Decision No. 43 of 2023 on the exception from tax registration on Monday, April 9.
Here are the UAE corporate tax registration exemptions.
Those exempt include government entities, government-controlled entities, extractive companies, and non-extractive natural resource companies that meet the necessary requirements under the corporate tax law.

In addition, non-residents who earn income from UAE sources only and do not have a permanent establishment in the UAE are exempt from registering for corporate tax.
Other exemptions are available for organizations such as pension or investment funds and public benefit organizations.
The decision is in line with international best practices, as people are exempted from corporate tax such as the federal government, government departments and agencies in the UAE, public institutions and other categories.
As long as these entities continue to meet the exemption conditions specified in the relevant articles of the Decree-Law, there is no need to register with the Federal Tax Authority.

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#UAE #announces #corporate #tax #registration #exemptions
( With inputs from www.siasat.com )

April 11, 2023
Frequent amendment of corporate laws is to make them more robust: Sitharaman

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Chennai: Union Finance Minister Nirmala Sitharaman on Saturday said the Central government does not have any hesitation in frequently approaching the Parliament to amend corporate laws as it was to fine-tune them and to make these laws more robust, adding the process aims at making the laws cater to the challenges as well as the ever-changing requirements of the industry.
Sitharaman said this while speaking here after inaugurating the renovated premises of the National Company Law Appellate Tribunal (NCLAT).
She said that Opposition members used to question the rationale behind approaching the Parliament frequently but “the government was able to convince them about the need for such frequent amendments to corporate laws”.

The Finance Minister also said that the government had taken serious note of the resentment among certain quarters about filling up vacancies in National Company Law Tribunal (NCLT) and in National Company Law Appellate Tribunal (NCLAT) and added that a lot of appointments were taking place now.
She said that the goal was to make the country more transparent in its commercial activities and to gain investors’ confidence in full. The minister said that the government was unwavering in its commitment towards achieving this.
NCLAT Chairman Ashok Bhushan said that India was now 62 in the world as far as ease of doing business was concerned and this growth was from the 142 position it had in 2015.
He said that the timely and effective disposal of commercial cases by the tribunals had helped all the stakeholders.
The NCLAT chairman also requested the minister to appoint one more judicial and technical member to the Chennai bench of the Appellate body.

NCLAT judicial member M. Venugopal said that the Chennai bench of the NCLAT had disposed of 562 of the 1,480 appeals that were filed since its inception on January 25, 2021.
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#Frequent #amendment #corporate #laws #robust #Sitharaman
( With inputs from www.siasat.com )

April 1, 2023
Indian concept of `Seva’ is older than Corporate Social Responsibility: Bhagwat

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Mumbai: Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat on Saturday said the concept of “Seva” or service in Indian culture is much older than the idea of Corporate Social Responsibility.
He was speaking after the inauguration of Seva Bhavan, an institute set up to offer health services at subsidised rates by an organization affiliated to the RSS.
“What we call `Seva’ (service) is deeply rooted in our society, compared to the recent concept of Corporate Social Responsibility. Our outlook towards Seva is that we do not expect anything in return for it,” Bhagwat said.
“Seva is sometimes defined as service, but there (in case of service) you expect something in return. In our tradition of Seva, people not only face appreciation but (sometimes face) criticism and opposition as well,” he said.
Bhagwat also said that Dharma' as per Indian tradition is not rituals but duty. "The duty of humans isSeva’,” he added.
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#Indian #concept #Seva #older #Corporate #Social #Responsibility #Bhagwat

( With inputs from www.siasat.com )

March 4, 2023
Biden appoints two prominent Indian American corporate leaders to his Export Council

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Washington: US President Joe Biden has announced his intent to appoint two prominent Indian-Americans corporate leaders, Punit Renjen and Rajesh Subramaniam, to his powerful Export Council which is the principal national advisory committee on international trade.
The president on Tuesday announced a list of members he intends to appoint to the the council, according to a White House press release.
Renjen, the former CEO of Deloitte Consulting and Subramaniam, CEO and president of FedEx, have their names on the list of members the president intends to appoint as members of the influential President’s Export Council.
The council will be headed by Mark Edin, chairman of Kastle Systems.
More than two dozen leaders from the corporate sector, labour, real estate, national security and law, have been tapped into the President’s Export Council.
Prominent among them are Karen S Lynch, president and CEO of CVS Health; John Lawler, the chief financial officer of Ford; Gareth Joyce, CEO at Proterra; Brett Hart, president of United Airlines; Beth Ford, president and CEO of Land O’Lakes; and Qualcomm CEO Cristiano R Amon.
“The Council advises the President on government policies and programmes that affect US trade performance; promotes export expansion; and provides a forum for discussing and resolving trade-related problems among the business, industrial, agricultural, labour, and government sectors,” the White House said.
On December 31 last, 62-year-old Renjen retired as Deloitte Global CEO after having served in the role since June 2015.

He now serves as Deloitte Global CEO Emeritus. Under his leadership, Deloitte launched WorldClass a global effort to prepare 100 million underprivileged people for a world of opportunity based on the belief that business thrives when society thrives, the White House said.
Recently, Deloitte made a commitment to be net zero by 2030 under its WorldClimate initiative and joined the First Movers Coalition.
Renjen is deeply committed to advancing diversity and inclusion at Deloitte through measurable actions toward gender balance.
Over his career, Renjen has been recognised by numerous organisations for his leadership, business acumen and commitment to societal impact.
In 2022, Renjen was recognised by the Economic Times as “Global Indian of the Year” and the Carnegie Corporation of America as one of 34 “Great Immigrants. Great Americans.”
In 2021, the US-India Strategic Partnership Forum recognised Renjen with its Global Achievement Award. In 2020, Renjen was awarded the Oregon History Makers Medal.
Renjen is being considered to be the next chairman of SAP SE, a Germany-based European multinational software company.
Subramaniam, as President and Chief Executive Officer of FedEx Corporation, is responsible for providing strategic direction for all FedEx operating companies.
Subramaniam, 55, is chair of the five-person Executive Committee, which plans and executes the corporation’s strategic business activities.
He is also chair of the FedEx Strategic Management Committee, a select group of the company’s top leadership, which sets the strategic direction for the enterprise.
Before being named President and CEO-elect in March 2022, he was President and Chief Operating Officer of FedEx Corporation. Previously, Subramaniam held various leadership roles in operations and marketing across the FedEx portfolio of operating companies.
Subramaniam serves on the board of directors of FedEx Corporation, the Procter & Gamble Company, the U.S. Chamber of Commerce’s China Center Advisory Board, FIRST, US-India Strategic Partnership Forum, and the US-China Business Council, and a member of the US-India CEO Forum.
Subramaniam is also a proud 2023 recipient of the Pravasi Bharatiya Samman Award, the highest civilian award presented by the President of India to the Indian diaspora in recognition of outstanding achievements in India and abroad, the White House said.
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( With inputs from www.siasat.com )

March 1, 2023
Collectible India Ganesh Idol on Leaf – Lord Ganesha with Diya – Metal Hand Craved for Home Decorative Gift Puja Gifts Corporate
Price: [price_with_discount]
(as of [price_update_date] – Details)

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- Size : 4.5 Inches Length x 3.5 Inches Width x 3 Inches Height | Weight : 190g | Material : Aluminium Metal with gold finish
- Handmade Religious Statue with incredible Hand Carving
- Intricately Hand carved- detailing on all sides
- The item is highly durable, elegant and a wonderful addition to your Home Decor. can be readily turned into a wonderful Anniversary, Wedding, Diwali, Valentine gift item.
- Lord Ganesha represents Joy and happiness which is symbolic to bring Prosperity and Good Luck.
- Lord Ganesha Statue is known to Bring prosperity and happiness in your home & Office.
Size : 4.5 Inches Length x 3.5 Inches Width x 3 Inches Height | Weight : 190g | Material : Aluminium Metal with gold finish
It is an stylish show piece for your drawing room; sure to be admired by your guests.
Handcrafted Metal decorative item Enhance the decor value of the house, office, hotel, temple etc.
Great ideas for wedding gifts, anniversary gifts house warming ceremonies, Birthday gifts, new venture, award ceremonies, Diwali and festival gifts. A valuable personal collectible collection

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#Collectible #India #Ganesh #Idol #Leaf #Lord #Ganesha #Diya #Metal #Hand #Craved #Home #Decorative #Gift #Puja #Gifts #Corporate
November 8, 2022