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Time of India
28-06-2025
- Business
- Time of India
Adityapur entrepreneurs seek extension of factory license return filing date
Jamshedpur: The Adityapur industrial area entrepreneurs have sought from the department of factories to extend the factory license annual return filing date. The factory owners have said that on-line filing of the return is exhaustive and complex due to which several entrepreneurs are experiencing difficulty in filing the return. "The return filing demands comprehensive details about the safety measures, working hours, workers strength including permanent and temporary, vendors workforce, compliance with labour laws, wages, etc," said Sameer Singh, factory owner and member of the Industrial Stability and Reforms Organization (ISRO), a representative body of the entrepreneurs of Adityapur. The department of factories in April this year issued notification making it mandatory for the micro and small industries to file factory license returns by June 30. The factory license annual return provision, under the Factories Act 1948, was there for all manufacturing plants including micro, small, medium and heavy industries but it was not mandatory for the micro and small units. "We have given a representation to the Chief Inspector of Factory Manish Kumar and have requested him to exclude micro and small units from the mandatory clause," said Santosh Khetan, senior entrepreneur and former president of Adityapur Small Industries Association (ASIA). Earlier this week, both ASIA and ISRO organized special camps wherein the expert hands assisted the factory owners in filing the return. About 250 plus entrepreneurs filed their return at the camps but several have not filed the return yet. "We would urge the industry department to set-up help desk and give more time for filing the return. The best would be to remove the mandatory clause," said entrepreneur Mahesh Sonthalia. Notably the industrial area houses 1000 plus factories with the overwhelming majority being the ancillaries of the Tata Motors plant. The Chief of Factory, Manish Kumar, has said that extending the last date for filing the return is a matter which is at the discussion level in the department but nothing can be said at this point of time. The officer said that there's no possibility of either dropping the mandatory clause or excluding the micro and small units from the compliance provision for now as it is a policy decision of the state government.
Time of India
04-06-2025
- Business
- Time of India
91Springboard sets up 6 co-working centres with 3,600 seating capacities
Co-working player 91Springboard has set up six new centres comprising around 3,600 desks in Mumbai, Delhi-NCR and Pune to meet the rising demand for flexible office space for corporates. The company has expanded its portfolio, adding over 1.7 lakh square feet of area through six new hubs in these cities. 91Springboard caters to entrepreneurs, freelancers, as well as mid- and large-sized enterprises. With this expansion, 91Springboard now offers around 30,000 desks across more than 1.5 million sq ft of space in India. "These new hubs are more than just office spaces - they are dynamic ecosystems designed to fuel innovation, collaboration, and growth. As companies expand their footprint across India, we are delivering flexible, intuitive workspaces that feel like home but work like a powerhouse," Sameer Singh, Chief Operating Officer at 91Springboard, said. Live Events The company currently has 40 centres spread across eight cities -- Bengaluru, Mumbai, New Delhi, Hyderabad, Gurugram, Noida, Pune and Goa. According to real estate consultant Vestian, flexible space operators will have a portfolio of more than 100 million sq ft by the end of 2026, accounting for 20 per cent of the pan-India office stock.
