News for 'Ministry of Company Affairs'

Sterlite gets access to Thoothukudi plant for upkeep after 5 years

Sterlite gets access to Thoothukudi plant for upkeep after 5 years

Rediff.com3 Jun 2023

The maintenance work will include operations such as removal of remaining gypsum and leachate handling operations among others. Based on this, the district administration has now allowed the firm to maintain the plant after five years.

Government braces for corporate legislation

Government braces for corporate legislation

Rediff.com28 Jan 2006

The minister asked the corporate sector to follow fair corporate disclosure norms.

Pharma co mired in syrup deaths shuts production at Noida unit

Pharma co mired in syrup deaths shuts production at Noida unit

Rediff.com30 Dec 2022

The move has come days after the state government announced to form a special investigation team to probe into the death of Disha Salian, the former manager of late actor Sushant Singh Rajput.

Why RBI Is Worried About The Rise In Personal Loans

Why RBI Is Worried About The Rise In Personal Loans

Rediff.com28 Nov 2023

In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.

Out of 15 lakh companies, only 6 lakh file returns: Adhia

Out of 15 lakh companies, only 6 lakh file returns: Adhia

Rediff.com29 Apr 2017

Close to 9 lakh registered companies are not filing annual returns with the ministry of corporate affairs and are a potential source of money laundering, Revenue Secretary Hasmukh Adhia said on Saturday.

'India can secure release of naval officers'

'India can secure release of naval officers'

Rediff.com2 Nov 2023

'There is a view that there is a Pakistan angle to this.' 'Pakistan has a large presence in Qatar and would want India to be blacklisted.'

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

Rediff.com29 May 2023

The CBI had registered a preliminary enquiry in 2016 which was later converted into a regular case, they added.

IDBI Bank financial bids expected by June

IDBI Bank financial bids expected by June

Rediff.com6 Apr 2023

The government and Life Insurance Corporation's (LIC's) strategic stake sale in IDBI Bank is expected to move to the second stage by the first quarter of FY24, said two people in the know. They added that considering the progress of the ongoing deal, financial bids are expected to come in by June this year. The proposed IDBI Bank stake sale is divided into two sequential stages.

Commerce Ministry seeks approval for railway FDI proposal

Commerce Ministry seeks approval for railway FDI proposal

Rediff.com13 Mar 2014

The Cabinet can take a decision on the matter only after the Election Commission's approval.

It's not a done deal yet on Rafale-M jets, Scorpene submarines

It's not a done deal yet on Rafale-M jets, Scorpene submarines

Rediff.com18 Jul 2023

The negotiations on cost and techno-commercial details relating to India's proposed procurement of 26 Rafale-M fighter jets and three Scorpene submarines from France are not yet concluded, sources said on Tuesday.

ED summons Maha NCP chief in IL&FS money laundering case

ED summons Maha NCP chief in IL&FS money laundering case

Rediff.com11 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra has been asked to depose before the federal agency in Mumbai on Friday, they said. Patil, a former minister of home and finance, is also the Maharashtra president of the NCP and is a seven-term legislator.

Unclaimed Shares, Dividends? Read This!

Unclaimed Shares, Dividends? Read This!

Rediff.com23 Mar 2023

I stumbled upon shares worth around Rs 300,000 in my late father's name, which are currently with the Investor Education & Protection Fund, points out Harsh Roongta.

TCS bags electronic passport mandate from MEA

TCS bags electronic passport mandate from MEA

Rediff.com8 Feb 2022

Tata Consultancy Services (TCS) has bagged -- from the Ministry of External Affairs -- the contract for delivering electronic passports (e-passports), according to sources. This deal is in addition to the second phase of implementing the Passport Seva Program, which the company got from the ministry. Players such as Thales India and HP participated in this deal, which is expected to be of Rs 1,000-1,200 crore.

G7's oil price cap: Russia offers to help India find a way out

G7's oil price cap: Russia offers to help India find a way out

Rediff.com12 Dec 2022

Russia has welcomed India's decision to not support the price cap on Russian oil announced by G7 and its allies and offered it cooperation on leasing and building large-capacity ships to overcome the ban on insurance services and tanker chartering in the European Union and Britain to continue buying discounted oil. The offer came as Russian Deputy Prime Minister Alexander Novak held a meeting with the Indian Ambassador to Moscow, Pavan Kapoor, on Friday. "The Deputy Prime Minister welcomed India's decision not to support the price cap on Russian oil, which was imposed on December 5 by the G7 countries and their allies," the Russian foreign ministry said in a statement.

NSE: ED files case against former Mumbai CP, Chitra

NSE: ED files case against former Mumbai CP, Chitra

Rediff.com14 Jul 2022

The Enforcement Directorate has filed a money laundering complaint against ex-Mumbai Police Commissioner Sanjay Pandey and former NSE top bosses Chitra Ramkrishna and Ravi Narain in connection with the illegal phone tapping and snooping case of employees of the stock exchange, officials said Thursday. The federal probe agency filed the case under criminal sections of the Prevention of Money Laundering Act (PMLA), a week after the CBI booked them.

Vedanta's Sterlite Copper invites EoIs to 'restart' the Thoothukudi unit

Vedanta's Sterlite Copper invites EoIs to 'restart' the Thoothukudi unit

Rediff.com13 Jun 2023

Anil Agarwal-led Vedanta's Sterlite Copper on Monday came out with an advertisement inviting expression of interest (EoI) for carrying out plant "restart activities" at its Thoothukudi unit in Tamil Nadu, that got closed more than five years ago following an order issued by the Tamil Nadu Pollution Control Board (TNPCB). The EoI for restart comes when the company is still awaiting the final judgement on the issue, and the court has only allowed it to do maintenance work. "We have initiated the upkeep and maintenance activities at the plant as allowed by the Supreme Court vide its order dated May 4, 2023, in coordination with the district authorities.

10 Indians stuck, 1 missing in quake-hit Turkey: Govt

10 Indians stuck, 1 missing in quake-hit Turkey: Govt

Rediff.com8 Feb 2023

India has already sent relief materials to Turkiye in four military transport aircraft.

China Will Never Get Ladakh!

China Will Never Get Ladakh!

Rediff.com31 Oct 2023

'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'

Zelenskyy writes to Modi; seeks aid, medical supply

Zelenskyy writes to Modi; seeks aid, medical supply

Rediff.com12 Apr 2023

Ukraine's First Deputy Foreign Minister Emine Dzhaparova has conveyed to her Indian interlocutors Kyiv's desire to build a stronger and closer relationship with New Delhi.

MHA wants to know why additional troops needed in Bengal

MHA wants to know why additional troops needed in Bengal

Rediff.com26 Jun 2023

The ministry of home affairs (MHA) on Monday sent a letter to the West Bengal State Election Commission (SEC) seeking details of the need for additional 485 companies of central forces, for which it has sent a requisition, an official said.

India Moves From China to Taiwan For High-Tech Imports

India Moves From China to Taiwan For High-Tech Imports

Rediff.com18 Apr 2023

India's overall imports from Taiwan during April-February rose by 34 per cent to $7.5 billion.

That final say in appointments

That final say in appointments

Rediff.com5 Oct 2004

'Blockchain, algorithmic collusion challenges'

'Blockchain, algorithmic collusion challenges'

Rediff.com4 Jul 2023

'Global coordination, convergence, market complexities and dynamics and cross-border enforcement compound the existing challenges we face.'

L'affaire Mallya: More banks get ED call for financial details

L'affaire Mallya: More banks get ED call for financial details

Rediff.com15 May 2016

The Enforcement Directorate had asked for financial details from both public and private sector banks and a part of these details were submitted last week

Indian woman who fell from Singapore cruise ship dies

Indian woman who fell from Singapore cruise ship dies

Rediff.com2 Aug 2023

The Indian couple was on a four-day cruise on the Spectrum of the Seas which was on the way back to Singapore from Penang on Monday morning when the 70-year-old Jakesh woke up to find his wife missing from their room.

Action soon against CAs incorporating Chinese shell cos

Action soon against CAs incorporating Chinese shell cos

Rediff.com20 Sep 2022

ICAI on Tuesday said it is setting up a fast-track cell to deal with cases against chartered accountants involved in incorporating shell companies in India with Chinese links and it would aim to dispose them of by the end of the year. Those found guilty can face a lifetime ban, among other actions. 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.

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Rediff.com29 Nov 2022

The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on Monday. Starting last week, Sitharaman had eight pre-Budget consultations this time. More than 110 invitees representing seven stakeholder groups participated in these meetings, the finance ministry said in a statement. The stakeholder groups included representatives and experts from agriculture and agro-processing industry; industry, infrastructure & climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations; and economists.

Republic Day chief guest Egyptian Prez El-Sisi arrives in India

Republic Day chief guest Egyptian Prez El-Sisi arrives in India

Rediff.com24 Jan 2023

The 68-year-old influential Arab leader will grace the Republic Day celebrations on January 26. Sisi is accompanied by a high-level delegation.

Around 4 lakh company secretaries fret over new law

Around 4 lakh company secretaries fret over new law

Rediff.com14 Apr 2014

There is no specific requirement for a private company under the new legal framework to appoint a company secretary.

DRDO's UAV to make debut flying at Aero India

DRDO's UAV to make debut flying at Aero India

Rediff.com12 Feb 2023

The five-day event will include aerial displays by aircraft and helicopters along with a large exhibition and trade fair of aerospace and defence companies.

Modi invites Malaysian companies to invest in India

Modi invites Malaysian companies to invest in India

Rediff.com12 Nov 2014

Modi and Najib also invited each other to visit their countries.

In India, Saudi deals, a message for Pak on terror

In India, Saudi deals, a message for Pak on terror

Rediff.com11 Sep 2023

India and Saudi Arabia on Monday called on states to reject the use of terrorism against other countries and prevent access to weapons, including missiles and drones, to commit acts of terror.

This man 'topi pehnau-ed' India: Mahua Moitra on Adani row

This man 'topi pehnau-ed' India: Mahua Moitra on Adani row

Rediff.com8 Feb 2023

Moitra brought two birthday caps in the House to press her argument that the businessman being most talked about had "topi-pehnau-ed" the government.

RBI starts scrutiny of nearly 3,000 private finance companies

RBI starts scrutiny of nearly 3,000 private finance companies

Rediff.com22 Jul 2013

The central bank's move comes against the backdrop of the government efforts to crackdown on entities, that are illegally raising large amounts of money from the public.

Parliament completes Budgetary exercise amid ruckus

Parliament completes Budgetary exercise amid ruckus

Rediff.com27 Mar 2023

First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.

Listing norms for foreign firms to be eased

Listing norms for foreign firms to be eased

Rediff.com24 May 2007

The ministry of corporate affairs (earlier company affairs) is amending the stringent IDR (Indian depository receipts) regulations to make it easier for foreign companies to list here.

Raids in ministries exposes racket of selling documents to corporates

Raids in ministries exposes racket of selling documents to corporates

Rediff.com12 Mar 2015

6 locations in New Delhi and 2 in Mumbai were raided.

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

Rediff.com2 May 2022

Prime Minister Narendra Modi said on Monday that the partnership between India and Germany could serve as an example of success in a complex world as the two sides inked several agreements focused on sustainable development under which India would receive USD 10.5 billion assistance by 2030 to boost the use of clean energy.

128 'vanishing companies' traced; under govt's 'watch list'

128 'vanishing companies' traced; under govt's 'watch list'

Rediff.com14 Dec 2014

As many as 128 companies, which had vanished after raising funds from public, have been traced and are on the government's watch list, while another 32 such companies are undergoing a process of liquidation.

SFIO probes 10 companies in Bank of Baroda case

SFIO probes 10 companies in Bank of Baroda case

Rediff.com29 Oct 2015

The probe is expected to take about three months.