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Modi govt amends Companies Act, makes PM CARES eligible to receive CSR funds

Modi govt amends Companies Act, makes PM CARES eligible to receive CSR funds

by pallanus | May 27, 2020 | Business News

The Narendra Modi government has brought in a Gazette notification that will allow the PM CARES fund to receive Corporate Social Responsibility (CSR) funding from corporates. The notification, brought in by the Union Ministry of Corporate Affairs on May 26, states...
Franklin Templeton to close six India funds hit by coronavirus

Franklin Templeton to close six India funds hit by coronavirus

by pallanus | Apr 24, 2020 | Business News

Franklin Templeton Mutual Fund on Thursday announced it would wind up six yield-oriented, managed credit funds in India, effective April 23, citing severe market dislocation and illiquidity caused by the coronavirus. (Representational Image) Franklin Templeton Mutual...

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