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)
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