News for 'Ministry of Company Affairs'

Phase-I trials of 2 Indian Covid vaccines reveal 'excellent safety': Govt

Phase-I trials of 2 Indian Covid vaccines reveal 'excellent safety': Govt

Rediff.com15 Sep 2020

Phase-I clinical trials have revealed "excellent safety" of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd and their immunogenicity testing is now in progress, minister of state for health Ashwini Choubey informed the Rajya Sabha on Tuesday.

A Challenging US Visit for Modi

A Challenging US Visit for Modi

Rediff.com27 Sep 2021

This visit has ended on a vastly different note in comparison with Modi's previous visits. Call it a rebuke, call it a censure, call it a distancing from Modi, the sharp message would have gone home, observes Ambassador M K Bhadrakumar.

Post COVID-19: 'IT industry will emerge stronger'

Post COVID-19: 'IT industry will emerge stronger'

Rediff.com10 Apr 2020

'We have to plan for whatever the new normal is.'

HC reserves verdict on PIL alleging Cong, BJP foreign funding

HC reserves verdict on PIL alleging Cong, BJP foreign funding

Rediff.com28 Feb 2014

The Delhi high court on Friday reserve its order on a Public Interest Litigation alleging that the Congress and the Bharatiya Janata Party received funding from subsidiaries of United Kingdom-based Vedanta Resources in violation of various Indian laws.

Plea against WhatsApp privacy policy: Delhi HC judge recuses

Plea against WhatsApp privacy policy: Delhi HC judge recuses

Rediff.com15 Jan 2021

During the short hearing, Justice Prathibha M Singh took strong objection to an email sent by WhatsApp to the court. "I was in any case not going to hear it," the court clarified and sent the matter to another bench recording that the email sent by WhatsApp should be withdrawn unconditionally.

'Economy is touching pre-Covid levels'

'Economy is touching pre-Covid levels'

Rediff.com11 Nov 2020

'It is entering growth territory on a month-on-month basis.'

Adverse action on audit firms may put IT cos in a spot

Adverse action on audit firms may put IT cos in a spot

Rediff.com18 Jun 2019

Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.

Govt may tweak FDI clause in draft e-commerce policy

Govt may tweak FDI clause in draft e-commerce policy

Rediff.com29 Aug 2018

The draft favoured up to 49 per cent foreign equity in inventory model in the case of 100 per cent made in India products sold through Indian management-controlled platforms with resident Indian founders/promoters.

Lalit Modi resigned from 6 firms ahead of passport revocation

Lalit Modi resigned from 6 firms ahead of passport revocation

Rediff.com22 Jun 2015

Five of these have wound up since, according to records of the Ministry of Corporate Affairs

Did Walmart lobby in India? Govt discloses confidential report

Did Walmart lobby in India? Govt discloses confidential report

Rediff.com5 Sep 2014

The Walmart case came before the CIC on a plea by activist Subhash Agrawal.

Govt to observe annual 'India Corporate Week'

Govt to observe annual 'India Corporate Week'

Rediff.com17 Nov 2009

Beginning this December, the Ministry of Corporate Affairs will observe the third week of the month every year as "India Corporate Week".

MCA to check all registered firms' accounts

MCA to check all registered firms' accounts

Rediff.com29 Sep 2009

To outsource work; priority on actively-traded, listed companies.

Sebi aiming at bringing transparency in India Inc

Sebi aiming at bringing transparency in India Inc

Rediff.com13 Apr 2011

"A committee is working on it. We have also asked the MCA (Ministry of Corporate Affairs) to broaden the scope of section 55 of Companies Act 1956 which is now clause 22 of Companies Bill," SEBI Executive Director Usha Narayanan said at an Assocham event in New Delhi.

Govt may rethink lifting cap on directors' pay

Govt may rethink lifting cap on directors' pay

Rediff.com2 Dec 2008

A limit on compensation paid to top executives is preferable in the context of what has happened in developed nations, Minister of Corporate Affairs Premchand Gupta told Business Standard.

It's roll back time at Sebi

It's roll back time at Sebi

Rediff.com10 Aug 2017

After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.

Crackdown on shell cos forces 1 in 3 registered firms to shut shop

Crackdown on shell cos forces 1 in 3 registered firms to shut shop

Rediff.com27 Mar 2018

A crackdown on shell companies, increased regulatory compliance and failure of companies to avail bank credit, and defaulting on loans are some of the reasons cited by accounting professionals for the closure of such a large number of companies

Rise and Rise of Qatar in Taliban-ruled Afghanistan

Rise and Rise of Qatar in Taliban-ruled Afghanistan

Rediff.com1 Sep 2021

Considering that Qatar is a trusted ally of Washington for decades, it is expected to be a steady influence on the Taliban leadership, observes Ambassador M K Bhadrakumar.

Starting a business in India? Takes less than a day

Starting a business in India? Takes less than a day

Rediff.com28 Jul 2011

The Ministry of Corporate Affairs has simplified the procedures for incorporation to enable promoters to get their companies incorporated within 24 hours.

Breaking protocol, Modi receives Saudi Crown Prince at airport

Breaking protocol, Modi receives Saudi Crown Prince at airport

Rediff.com19 Feb 2019

In a tweet, Modi said India is 'delighted to welcome' the Crown Prince of Saudi Arabia.

CSR spends: Govt expects data collation by year-end

CSR spends: Govt expects data collation by year-end

Rediff.com19 Sep 2015

The Central government expects to collate the data on corporates' CSR spending activities under the new companies law

Rio: ITC bags World Business and Development Award

Rio: ITC bags World Business and Development Award

Rediff.com21 Jun 2012

Y C Deveshwar, chairman, ITC, received the Award at a ceremony held at Rio.

Lockdown: SC extends protection to employers for not paying full wages

Lockdown: SC extends protection to employers for not paying full wages

Rediff.com4 Jun 2020

The Ministry of Home Affairs (MHA), in its circular, had asked all employers to make payment of wages to their workers without any deduction for the period their establishments were under closure during the lockdown to contain COVID-19.

Govt plans to keep close eye on FII holdings

Govt plans to keep close eye on FII holdings

Rediff.com26 Nov 2009

Volatility in investments concern for RBI.

ATM transaction charges may rise

ATM transaction charges may rise

Rediff.com19 Feb 2019

Interchange fee is the amount charged by ATM operators for every transaction.

Navi Mumbai airport may miss 2019 deadline

Navi Mumbai airport may miss 2019 deadline

Rediff.com19 Aug 2016

Union ministry of home affairs changed its mind and gave bid clearance for Hiranandani Developers and its consortium partner, Zurich Airport

The tough battle against frauds to continue in 2013

The tough battle against frauds to continue in 2013

Rediff.com21 Dec 2012

Mandarins of Corporate Affairs Ministry, headed by a young minister, have a busy year ahead, as they would be confronted with over 100 pending cases of probe into suspected frauds overflowing from 2012, and look into overhauling the way companies operate and are regulated.

Government to take 'harsh punitive' action against shell cos

Government to take 'harsh punitive' action against shell cos

Rediff.com10 Feb 2017

In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.

'Why is the prime minister not transparent?'

'Why is the prime minister not transparent?'

Rediff.com28 Mar 2018

'I am only asking about his travel bills and expenditure.'

Morgan Stanley keen to start proprietary trading in India

Morgan Stanley keen to start proprietary trading in India

Rediff.com25 Dec 2013

Indian brokerage arm of global investment banker Morgan Stanley has sought RBI's approval to start proprietary trading under which it will be able to buy and sell securities on its own account.

Bharti, MTN chiefs meet Pranab, discuss deal

Bharti, MTN chiefs meet Pranab, discuss deal

Rediff.com25 Aug 2009

The two also met corporate affairs minister Salman Khurshid, who asked them to keep his ministry in the loop.

Govt looks at banning Mahindra from boards of cos

Govt looks at banning Mahindra from boards of cos

Rediff.com11 Jun 2010

Amid strong public reaction to the judgement in the Union Carbide case, the government is understood to be looking at legal position to check if Carbide India's non executive Chairman Keshub Mahindra could be barred from taking directorship in any company.

MCA asks Sebi to provide details of RIL probe

MCA asks Sebi to provide details of RIL probe

Rediff.com23 Dec 2009

Sebi was probing a complaint by S Gurumurthy of Swadeshi Jagran Manch, alleging that RIL and its investors lost at least Rs 2,700 crore.

Govt may hand over Saytam probe to SFIO soon

Govt may hand over Saytam probe to SFIO soon

Rediff.com12 Jan 2009

The Registrar of Companies in Hyderabad, where the head office of the crisis-ridden company is located, will be a part of the SFIO team to probe the case, sources added. Earlier on Friday, the ministry dispatched the SFIO team consisting advisers and inspectors to Hyderabad to assist RoC in the Satyam probe.

J-K, Ladakh integral part of India: MEA rebuffs China

J-K, Ladakh integral part of India: MEA rebuffs China

Rediff.com15 Oct 2020

In a strong response to China's objection to development of infrastructure on the Indian side of the LAC, New Delhi also asserted that Beijing has no locus standi to comment on India's internal matters.

'Certain norms need to change to attract foreign investors'

'Certain norms need to change to attract foreign investors'

Rediff.com13 Jun 2014

The legislation is being implemented by the Corporate Affairs Ministry. Many provisions of the new law came into effect from April 1.

MCA's early-warning system stalled

MCA's early-warning system stalled

Rediff.com4 Dec 2009

The Ministry of Corporate Affairs (MCA) has decided to put the early-warning system on the backburner due to technical snags.

Rs 700-cr land grab case against Asaram Bapu

Rs 700-cr land grab case against Asaram Bapu

Rediff.com16 Jan 2013

Self-styled godman Asaram Bapu has run into fresh trouble with the Serious Fraud Investigating Office seeking his prosecution in a Rs 700 crore land grab case in Madhya Pradesh.

Slow progress at debt recovery tribunals irks banks

Slow progress at debt recovery tribunals irks banks

Rediff.com27 Mar 2019

Lenders send 'SOS' to the finance ministry on the tardy decision making and pile-up of cases at the Debt Recovery Tribunals and its appellate forum the Debt Recovery Appellate Tribunal.

Rs 700-crore land grab case against Asaram Bapu

Rs 700-crore land grab case against Asaram Bapu

Rediff.com16 Jan 2013

Self-styled godman Asaram Bapu has ran into fresh trouble with the Serious Fraud Investigating Office seeking his prosecution in a Rs 700 crore land grab case in Madhya Pradesh.

Kejriwal has links with hawala operators: Mishra

Kejriwal has links with hawala operators: Mishra

Rediff.com19 May 2017

Mishra alleged that the Aam Aadmi Party received money from a company of Delhi based lawyer Rohit Tandon, whose assets worth crores have been attached by the Enforcement Directorate over alleged money laundering after demonetisation.