In a move to simplify the process of raising fund for start-ups, the Corporate Affairs Ministry has allowed these companies to accept deposits from shareholders. This amount will be separate from their share in start-up. Prior to amendment in the rules of the Companies Act, only limited liability…
Tag: shareholders
Uber’s bid for peace with Didi has global ramifications: Gadfly
It seems like Uber’s investors want to bring a halt to the massive Chinese cash giveaway that’s creating jobs for unemployed steel and coal workers, but not making much money for shareholders. Several institutional fund managers are pushing the US ride-hailing giant to make peace with…