Nandan Nilekani said the co-founders have served the company "selflessly" and remain committed to the long-term success of Infosys.
Iran's seizure of a British-flagged oil tanker was allegedly due to a collision with an Iranian fishing boat, Iran's official news agency IRNA said.
The Centre plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.
Under the new policy, external advice would be sought for related party transactions that are worth over Rs 2 crore and bidding process would be mandatory for any such contract.
The Union ministry of corporate affairs (MCA) has informed Infosys that the appointment of Rohan Murty, son of co-founder and executive chairman N R Narayana Murthy, does not require its approval.
The CMS allows e-adjudication of certain lapses and paying penalties online, doing away with the need to visit an MCA office or go through a legal process.
The SIT has been constituted and has been directed to complete the probe within a month, Shah said.
As per information available with the Corporate Affairs Ministry, the new company was incorporated on November 5 with a total paid up capital of Rs 500,000 and has been registered in New Delhi.
The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.
The most important aspect will be the SOP that will be handed to the franchises for Monday's discussion where they can raise their concerns.
Large Indian firms may have to adopt international accounting norms, IFRS, from the next fiscal when the new direct tax regime comes into effect, bringing clarity on the tax structure for companies.
Modi announced a USD 14-million grant for community development projects in the Caricom and another USD 150 million line of credit for solar, renewable energy and climate- change related projects, a statement released by the Ministry of External Affairs said.
The Department of Telecom, Department of Industrial Policy and Promotion, Ministry of Home Affairs, Ministry of External Affairs and the Department of Economic Affairs had to give their comments on the proposal, sources said.
The government also wants to ensure that content meant for radicalising youths, from outfits like Islamic State, doesn't find circulation in India.
A bench of Justices Ashok Bhushan, Sanjay Kishan Kaul and M R Shah said industries and employees need each other and they should sit together to arrive at a settlement on the issue of payment of wages.
Other measures being considered include relatively stringent KYC norms and a separate standard operating procedure for approval, renewal, and fresh investment from India's neighbouring countries.
Following the disclosure of the Satyam scam, the corporate affairs ministry asked the SFIO to probe the books of accounts of 325 companies including those connected with Satyam and family members of B Ramalinga Raju. For instance, the official said in the accounts of a company named Swarnamukhi Green Field Pvt Ltd, the cost of land has been shown as Rs 15,00,000 but it was sold for Rs 3.5 crore (Rs 35 million).
Infosys, which is managing MCA21, has been facing flak from different quarters on the woes pertaining to the portal.
Shiv Sena has so far expressed concerns over car shed for the city's planned metro network, the bullet train and the West Coast refinery projects.
The government on Wednesday said it will not relook at the investigations handled by arrested Company Law Board member R Vasudevan, when he was heading the inspection department of the ministry of corporate affairs.
The move is aimed at protecting investors from parking their money in dubious schemes.
India looking at bringing back Choksi under Antiguan law applicable to Commonwealth countries
The Bill proposes introduce the concept of class action suits for the first time in India, which would empower investors to sue a company for 'oppression and mismanagement' and claim damages.
The agency is looking at alleged "diversion of funds and financial reporting frauds".
A customer dissatisfied with his dining experience can have service charge on his food bill waived.
With a spate of clearances, including relief to companies facing delays in development of coal mines, the government is getting its act together.
According to SFIO, the modus operandi of the Reebok fraud involved filing fictitious invoices to show inflated sales, recording fictitious sales by raising prices of goods sold.
Issuing a travel advisory, the health ministry also called for passengers with travel history to China, Hong Kong, Republic of Korea, Japan, Italy, Thailand, Singapore, Iran, Malaysia, France, Spain and Germany to undergo self-imposed quarantine for a period of 14 days from the date of their arrival, and their employers to facilitate work-from-home for such employees during this period.
Priyanka Vadra has admitted to mistakes in submitting multiple applications for Director Identification Number while Karti Chidambaram has been asked by the Corporate Affairs Ministry to explain his position on a related issue.
The ED is also probing alleged violations of foreign exchange rules by the company since 2006.
The ministry of corporate affairs has begun prosecuting directors of Kolkata-based Balrampur Chini Mills, India's second-largest sugar company, for not complying with accounting standards and Schedule V1 (Section 211) of the Companies Act. The prosecution has been initiated after inspection under the Companies Act.
Nagrale, an avid golfer and a tennis player, is a recipient of the President's Police Medal, Vishesh Seva Padak and Antarik Suraksha Padak.
'India is a pharma dada. We can manufacture enough for our people and for the world.'
Sources say bills were inflated by the company and not recorded correctly.
The MHA on Friday, while extending the lockdown for two more weeks till May 17, lifted many restrictions in green and orange zones. There are no restrictions on sale of non-essential items by e-commerce platforms in green and orange zones, a home ministry spokesperson said, adding barber shops and salons are also allowed to open in these areas.
865 million Indian adults require vaccination.
Letter to corporate affairs ministry cites slowing economy, capital challenges.
In a bid to make foreign companies engaged in online and direct-to-home business practices in India accountable, the Ministry of Corporate Affairs (MCA) will make enrolment of all such companies with the country's Registrar of Companies (RoC) mandatory.
States that saw the highest number of new company registration in the last financial year.
No time to sort out the issue in Budget: Khursheed
