Ascertain antecedents of ‘Nidhi’ companies before making investments: Collector
The Hindu
The district administration has cautioned the public against making investments in ‘Nidhi' companies, entities in the non-banking financial sector that are also called ‘mutual benefit societies
The district administration has cautioned the public against making investments in ‘Nidhi' companies, entities in the non-banking financial sector that are also called ‘mutual benefit societies'.
“There are companies working as ‘Nidhi’ or Mutual Benefit Society and engaging in financial transactions, but have not applied for recognition in this category. It is therefore important for the general public to be cautious and watchful while investing in such companies,” Collector Arjun Sharma said in an advisory.
Election Results 2024: arrangements made for counting of votes in Vizianagaram, Srikakulam districts
Election Results 2024: Vizianagaram district administration prepares for vote counting in seven Assembly seats and one Parliament seat at JNTU-GV University.
Bengaluru saw one of its worst water crises in 2024 with ground water drying up and several parts of the city scrambling for water. With instances like BWSSB supplying treated wastewater to the construction industry, apartments being permitted to sell water from their STPs to the department, and lakes in parts of Bengaluru and neighbouring districts being filled with water from the 33 STP plants in the city, recycling of water became an important topic of conversation during this period.