Govt approves companies bill - minister (Reuters)

NEW DELHI (Reuters) ? The cabinet has approved a new companies bill, a minister who did not want to be identified said on Thursday, in a step towards improving transparency and regulation of business houses in Asia's third-largest economy.

The central government has been working on a new companies law for several years. The current law governing companies dates back to 1956.

(Reporting by Manoj Kumar and Nigam Prusty; Editing by Aradhana Aravindan)

Source: http://us.rd.yahoo.com/dailynews/rss/india/*http%3A//news.yahoo.com/s/nm/20111124/india_nm/india607148

mls cup amas 2011 black friday elliot elliot ny giants la galaxy