China's Alibaba will invest $575 million (Rs 3600 crore) for a Delhi based startup 'Paytm' (Parent Co. 'One 97 Communications), becoming the latest to enter India's red-hot ecommerce sector. Entry of 'Alibaba', the world's biggest and most valuable ecommerce company, could potentially alter India's ecommerce market that is now dominated by 'Flipkart', 'Amazon' and 'snapdeal'.
Day: January 11, 2015
NOTE ON DEBENTURES
INTRODUCTION Section 2(30) of the Companies Act, 2013 (“the “Act”) defines ‘debenture’ which includes debenture stock, bonds or any instrument of a company evidencing a debt, whether constituting a charge in the assets of the company or not. A company may issue debentures with an option to convert such debentures into shares, either wholly or … Continue reading NOTE ON DEBENTURES