Earlier during the day, the Andhra Pradesh chief minister Y S Rajasekhara Reddy told reporters in Delhi that a CB-CID enquiry will be ordered into this 'mind-boggling' fraud, immediately. According to official sources, the CB-CID would take up the investigation only when a Government Order is issued in this regard.
The government has already ordered inspection by registrar of companies, Hyderabad, into eight subsidiaries of Satyam Computer and Maytas Infra and Maytas Properties, the companies promoted by the kin of disgraced Satyam founder B Ramalinga Raju.
Ministry of corporate affairs directs Registrar of Companies to conduct quarterly scrutiny
The implementation of the NEP and four-year undergraduate programme were approved by the Standing Committee on Academic Matters and the Academic Council last week.
26 chartered accountants associated with such shell companies have also been identified
The Ministry of Corporate Affairs (MCA) has worked out new parameters for scrutiny of companies. These are based on reports on the Satyam fraud investigation.
The government ordered the probe by the SFIO after receiving a report from the Registrar of Companies (RoC), Hyderabad, which inspected the books of accounts of Satyam Computer Services and eight other companies belonging to the kin of the former chairman of the IT major, B Ramalinga Raju.
Japanese auto major Honda has changed the name of its Indian operations to Honda Cars India Ltd following the break up of its joint venture with Usha International of the Shriram Group.
The government, on January 13, had initiated an SFIO probe into various corporate aspects of the fraud under Section 235 of the Companies Act after getting a report from the registrar of companies, Andhra Pradesh. "The report was submitted to the government on Monday night," said a senior corporate affairs ministry official who declined to reveal the contents of the report.
Companies would have to furnish digital signatures with the Registrar of Companies for e-filing under the MCA-21 programme of the government.
Online booking started on February 18 but the site soon crashed.
Chocolate majors in India posted healthy top-line growth in FY19. While Mondelez India Foods - the marketer of Cadbury - continued to lead the pack, Nestle India, which dominates the confectionery space with leading brands like Kitkat and Munch, continues to hold the third spot in revenue. However, two of these companies - Mars International India and Hershey India - still remain in the red.
While Coca-Cola India improved its profit margin during the year, arch rival PepsiCo's margin was far lower. Coca-Cola India, which does not manufacture or market any products, gets majority of its revenue from royalty incomes against ownership of formulations for key products. Over the years, PepsiCo's operating revenue has come down significantly, as it kept divesting bottling plants to its franchise partners.
Of 194 entities thrown off the exchange, BSE doesn't have promoter names or addresses for 168 firms; yet it has ordered all promoters to buy back shares
UTI Asset Management Company plans to acquire an IT company to provide services as a registrar and transfer agency.
Karvy Computershare Pvt Ltd engaged in fraudulent activities with respect to certain initial public offerings in 2005, market regulator Sebi said.
The firm will invest over Rs 1,000 crore in marketing, cash backs and promotional spends
ICICI Venture informed Subhiksha on January 8, 2009, about the withdrawal of its nominee directors and asked the company to make the requisite filing with the RoC, Chennai. However, when ICICI Venture did not receive any copies of the filing till January 19, it informed the RoC of the resignations.
Subhiksha's founder and Managing Director R Subramanian, while refuting the allegations of ICICI Venture, said his company hasn't received any resignations from the nominees of ICICI even though the private equity firm claimed it had withdrawn its nominees.
Prime Minister's Office wants CBI and tax dept to identify the actual beneficiaries of the transactions made in India and abroad.
Ministry of Corporate Affairs is now likely to examine whether all active companies have PAN or not
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
Acting tough against fly-by-night operators, the government has filed 157 FIRs and arrested 21 promoters and directors of vanishing companies.
In a communiqu to the Bombay Stock Exchange, the Rs 700-crore company said the Registrar of Companies, Maharashtra, approved the name change.
The 12-digit unique number that the UIDAI will generate will be combined with the the smart card project of the Oil Ministry for distribution of PDS kerosene and domestic LPG through biometric identification of beneficiaries.
Promoter says he sold a third of his firm to deliver Rs 251 handset.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
The Income-Tax department will have a say in mergers, demergers and amalgamations in 2006-07, with the Registrar of Companies (RoC) referring the first set of cases for clearance to the department.
Starting the process of incorporating a new company for its proposed aviation venture with Singapore Airlines, Tata group has sought to register this entity as 'Tata SIA Airlines Limited'.
Chit funds can accept subscription from NRIs on non-repatriation basis
Earlier, Registrar of Companies had approved the change of name of cellular major Hutch Essar to Vodafone Essar following the British mobile major's acquisition of controlling stake in the joint venture in May.
In a BSE filing, the company said it has filed certified copies of the Andhra Pradesh High Court order paving way for the merger with Registrar of Companies, Andhra Pradesh, Hyderabad.
Incorporating a new company or filing annual and other statutory returns will be as simple as clicking the mouse once the government implements its ambitious Rs 300 crore (Rs 3 billion) project for fully computerising Registrar of Companies and Regio
Videocon International Ltd has informed BSE that the Registrar of Companies- Maharshtra, Mumbai has granted the extension for holding annual general meeting on or before March 27, 2003.
Future Capital will be the first company to hit capital market as it is set to release its IPO at a fixed price band of Rs 700-765 per share.
The lab has been set up in collaboration with a US and Singapore-based software company 'Autodeck', and will be inaugurate by Dr Tom Joseph, Worldwide Programme Director of the software company tomorrow, said K V Satyamurthy, Associate Registrar of IIT-K.
In a New Year bonanza for its nearly three million shareholders, Reliance Industries will offer them shares of four Anil Ambani group companies on January 25.
