News for 'Ministry of Company Affairs'

SC expands Patanjali misleading ads hearing to include FMCG companies

SC expands Patanjali misleading ads hearing to include FMCG companies

Rediff.com23 Apr 2024

Expanding the scope of its hearing in the Patanjali Ayurved case, the Supreme Court on Tuesday took a stern view of misleading advertisements by Fast-Moving Consumer Goods (FMCG) firms and asked three Union ministries to inform it about the steps they have taken to curb the practice which takes 'public for a ride' and adversely affects their health.

More troops rushed to Manipur after fresh violence

More troops rushed to Manipur after fresh violence

Rediff.com13 Nov 2024

The Centre has rushed 20 additional Central Armed Police Forces (CAPF) companies comprising about 2,000 personnel to Manipur in the wake of fresh attacks and law and order issues in the state, official sources said Wednesday.

'There was panic in the streets': Syria returnees

'There was panic in the streets': Syria returnees

Rediff.com15 Dec 2024

A batch of Indian nationals, who returned to their homeland on Saturday after being evacuated from crisis-hit Syria, recalled the panic situation they faced in that country but praised the Indian Embassy there for being in 'constant touch' with them.

Gold Loans On RBI, Finance Ministry Radar

Gold Loans On RBI, Finance Ministry Radar

Rediff.com28 Mar 2024

Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

Army unveils comprehensive roadmap for 2036 Olympics

Army unveils comprehensive roadmap for 2036 Olympics

Rediff.com1 Oct 2024

The conclave drew valuable insights from former athletes and Olympians, including celebrated ones such as Anju Bobby George, Mary Kom, and Tarundeep Rai, all of whom shared their personal experiences and perspectives on what it takes to excel at the highest levels of sports.

Sharp Increase In Illegal Indian Migration To US

Sharp Increase In Illegal Indian Migration To US

Rediff.com4 Feb 2025

Indians have topped the number of illegal immigrants from Asian countries caught at land, sea, and air checkpoints of the US since 2022.

India hopes for temporary tariff waiver as US official comes calling

India hopes for temporary tariff waiver as US official comes calling

Rediff.com24 Mar 2025

India and the United States will finalize the contours, schedule of negotiations, and terms of reference for a proposed bilateral trade agreement (BTA) during a three-day meeting beginning Tuesday. The agreement is expected to be finalized in two tranches, with the first phase focusing on goods trade. The US team, led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, will be in India from March 25-29 to discuss the agreement. Both countries are aiming to conclude the first phase of the agreement by fall 2025.

India To Fast-Track Visas For Chinese Nationals

India To Fast-Track Visas For Chinese Nationals

Rediff.com8 Aug 2024

The new guidelines, effective from August 1, aim to expedite visa approvals for nationals from China and other countries sharing land borders with India.

EV launches, Chinese models... What Auto Expo Has In Store

EV launches, Chinese models... What Auto Expo Has In Store

Rediff.com17 Jan 2025

For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Govt aims to provide 1 crore internship over 5 years

Govt aims to provide 1 crore internship over 5 years

Rediff.com3 Oct 2024

The government on Thursday rolled out the internship programme on a pilot basis that will provide a total annual financial assistance of Rs 66,000 to those in the age group of 21-24 years, and aim to cover one crore youth over five years.

Sebastian Coe in India for 2036 Olympics talks

Sebastian Coe in India for 2036 Olympics talks

Rediff.com25 Nov 2024

World Athletics President Sebastian Coe met Sports Minister Mansukh Mandaviya and Primer Minister Narendra Modi in New Delhi on Monday and discussed India's intent to host the 2036 Olympics and development of athletics in the country.

Modi to attend Quad, address UN summit in New York

Modi to attend Quad, address UN summit in New York

Rediff.com17 Sep 2024

Prime Minister Narendra Modi will pay a three-day visit to the United States beginning September 21 to attend the annual Quad Summit and address the 'Summit of the Future' at the United Nations General Assembly.

PSBs clocked 11% growth in H1FY25

PSBs clocked 11% growth in H1FY25

Rediff.com13 Nov 2024

The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.

Ministry to initiate probe into Volcker report

Ministry to initiate probe into Volcker report

Rediff.com10 Nov 2005

The ministry of company affairs on Thursday said it will look into the Volcker committee report to see whether there has been any violation by the Indian corporates named in it.

How Dr Singh Changed Finance Minister's Role

How Dr Singh Changed Finance Minister's Role

Rediff.com1 Feb 2025

'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

45 specialists to join Modi govt in major lateral entry push

45 specialists to join Modi govt in major lateral entry push

Rediff.com17 Aug 2024

Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.

Unspent CSR funds hit five-year high in FY23

Unspent CSR funds hit five-year high in FY23

Rediff.com20 Aug 2024

Not all listed companies above a threshold have spent on corporate social responsibility (CSR) in the way they were required to do. The aggregate unspent amount in 2022-23 (FY23) stood at a five-year high of Rs 1,475 crore. In FY23 listed companies spent Rs 15,602 crore while the amount to be expended was Rs 15,787 crore, according to the data from corporate tracker primeinfobase.com.

Internship Portal To Open Sat Evening!

Internship Portal To Open Sat Evening!

Rediff.com12 Oct 2024

Internship opportunities have been posted by 193 companies, including Jubilant Foodworks, Maruti, Eicher Motor, L&T, Muthoot Finance and Reliance.

Sebi intervenes in Rs 45 cr Trafiksol IPO irregularity

Sebi intervenes in Rs 45 cr Trafiksol IPO irregularity

Rediff.com14 Oct 2024

The Securities and Exchange Board of India (Sebi) has intervened in the matter concerning alleged irregularities by Trafiksol ITS Technologies, which had come out with a Rs 45 crore initial public offering (IPO) last month. In an ex-parte order, the market regulator has said it will undertake a detailed examination into the disclosures made by the small and medium enterprise (SME) company in its draft offer document. BSE had halted the listing of Trafiksol, a software provider for traffic systems, amid complaints around use of the issue proceeds and wrongful disclosures.

155,000 Apply For 91,000 Internships

155,000 Apply For 91,000 Internships

Rediff.com14 Oct 2024

A shortlist using artificial intelligence would be prepared to identify eligible candidates and match them to the suitable internship opportunity. The shortlist would be shared with the companies on Tuesday, October 15.

Chinese cos: Scores of CAs, company secretaries, cost accountants under lens

Chinese cos: Scores of CAs, company secretaries, cost accountants under lens

Rediff.com21 Aug 2022

Scores of chartered accountants, company secretaries and cost accountants are currently under the regulatory scanner for alleged violations of the companies law with respect to setting up of certain Chinese companies and their subsidiaries in India, according to officials. The apex bodies of chartered accountants and company secretaries, ICAI and ICSI, have together received around 400 complaints on the issue and necessary actions have been initiated. The Institute of Cost Accountants of India has also initiated action against some of their members in the matter.

Why Adani Solar Sought Visas For Chinese

Why Adani Solar Sought Visas For Chinese

Rediff.com8 Jul 2024

In seeking visa approvals for engineers from China, the company has reasoned that India lacks the expertise to set up such a solar facility.

I&B holds meet to discuss Big Tech revenue sharing

I&B holds meet to discuss Big Tech revenue sharing

Rediff.com13 Jun 2024

The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.

Byju failed because he didn't listen to anyone: Unacademy CEO Gaurav Munjal

Byju failed because he didn't listen to anyone: Unacademy CEO Gaurav Munjal

Rediff.com29 Jun 2024

Byju Raveendran, the founder of the beleaguered ed-tech firm Byju's, put himself on a pedestal and stopped listening to anyone, said Gaurav Munjal, the chief executive officer of edtech firm Unacademy. Munjal highlighted the importance of 'blunt feedback'. In a post on X, he alleged that Byju's founder stopped listening and failed to have people who could give him the right feedback.

Diplomatic Row Derails Students' Canada Dreams

Diplomatic Row Derails Students' Canada Dreams

Rediff.com23 Oct 2024

'We used to get 400-500 applications for Canada on a yearly basis until last year, but this has gone down to just 70 this year.'

Logjam over, Oppn agrees to let Parliament function

Logjam over, Oppn agrees to let Parliament function

Rediff.com3 Dec 2024

The government and opposition parties on Monday reached an agreement to break the impasse in Parliament with dates announced for discussions on the Constitution in the Lok Sabha and the Rajya Sabha.

More than two dozen companies do the vanishing act

More than two dozen companies do the vanishing act

Rediff.com2 Feb 2023

The companies on the list are from sectors including trading, finance, packaging, textile, realty, and others. Trading and finance companies account for half-a-dozen companies each.

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

Rediff.com1 Jul 2024

The government is expediting visa-related issues to bring technicians to India from any country, not just China, as and when required, to ensure the smooth implementation of the flagship production-linked incentive (PLI) scheme aimed at boosting domestic manufacturing. "If those under the PLI scheme need to get their equipment installed, we try to expedite the ability to get technicians into India from any country, whichever it may be," Union Commerce and Industry Minister Piyush Goyal told Business Standard in an interview.

Cross-border share swaps eased by govt

Cross-border share swaps eased by govt

Rediff.com19 Aug 2024

The Union Finance Ministry on Friday announced key amendments to foreign exchange (forex) regulations, including mandating government approvals for all investments originating from countries that share land borders with India. The latest amendments also seek to simplify cross-border share swaps and streamline key definitions, such as "control". The updated regulations have aligned the treatment of downstream investments made by overseas citizen of India (OCI)-owned entities with those owned by non-resident Indians (NRIs) on a non-repatriation basis.

Govt expedites inspection of Byju's books

Govt expedites inspection of Byju's books

Rediff.com26 Feb 2024

The corporate affairs ministry has asked its field officers to expedite the inspection of the books of Byju's and submit the report, a senior official said on Monday as trouble continues to brew at the edtech firm. The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office. In July 2023, the ministry had asked the office of the regional director in Hyderabad to conduct an inspection of the company Think & Learn Pvt Ltd, which is registered in Bengaluru.

In a first, govt to conduct yearly private capex survey from October

In a first, govt to conduct yearly private capex survey from October

Rediff.com15 Sep 2024

At a time when the government is nudging the private sector to ramp up its capital expenditure (capex), the Ministry of Statistics and Programme Implementation (MoSPI) is poised to kick-start the first-of-its-kind annual survey on the status of private sector capex from next month. "The inaugural edition of the annual exercise will start in October and will be completed by December. "The results will be made public by February next year," said Geeta Singh Rathore, director general, National Sample Survey Office (NSSO), at a data users' conference on Thursday.

Oil ministry seeks more flexibility for exploration companies

Oil ministry seeks more flexibility for exploration companies

Rediff.com14 Apr 2014

The government had allowed companies in February last year to launch probe missions to find more oil and gas within already-producing areas.

Kerala woman among 17 Indians onboard ship seized by Iran

Kerala woman among 17 Indians onboard ship seized by Iran

Rediff.com15 Apr 2024

The father said that he has not received any updates from the state or the Central governments regarding his daughter's current status.

India Working on 30,000 cr Maritime Development Fund

India Working on 30,000 cr Maritime Development Fund

Rediff.com26 Sep 2024

The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.

Consensus may delay new Company Law

Consensus may delay new Company Law

Rediff.com24 Apr 2006

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

After UPI and ULI, banks to set up Unified Recovery Interface

After UPI and ULI, banks to set up Unified Recovery Interface

Rediff.com9 Sep 2024

Eying benefits from digital banking, lenders are now looking at building Unified Recovery Interface (URI) for enhancing efficiency, reducing costs, and getting good prices for properties of defaulters. This would be managed by PSB Alliance Ltd, a company set up by all public sector banks in the country. M V Rao, chairman, Indian Banks' Association (IBA), said: "Till now we had Unified Payments Interface (UPI), a product developed by National Payments Corporation Ltd (NPCI).