Corporate Affairs

Cyrus Mistry texted wife after being sacked as Tata group chairman, claims former aide

Nirmalya Kumar, a former aide and member of Cyrus Mistry's Group Executive Council (GEC) at Tata Sons, wrote about Mistry's sacking as group chairman on his website

Taming 2.09 lakh defunct companies: With bank accounts frozen, will it result in a rich haul for govt?

The promoters and directors would now have to explain the source of the funds pouring into the bank accounts thus frozen

India takes issue of defaulters very seriously: Arun Jaitley

The Union Minister for Finance and Corporate Affairs is set to meet UK Foreign Secretary Boris Johnson later today, when the issue may come up.

BK Bansal suicide case: DCW summons CBI, deputy commissioner of police

The Delhi Commission for Women (DCW) has summoned the Assistant Inspector General of CBI and Deputy Commissioner of Police in connection with the suicide by tainted senior government official BK Bansal and his son allegedly due to harassment by a few officials.

What is holding back corporates from hiring more women on their boards

Several companies have taken to appointing family members to fill the requirement of having at least one woman on a board

Better prepared now to check investment frauds: Pilot

While SFIO is already probing many companies for illegal schemes launched in West Bengal, Odisha, Tripura and Assam, some state governments have asked the Centre to launch a CBI enquiry, Pilot said.

No auditor can audit a company for more than 5 years: Sachin Pilot

Terming "cosy" relations between management and auditors of a company as key to accounting frauds, the Corporate Affairs Minister Sachin Pilot has said that such a nexus would not be allowed anymore.

Jaitley hints at cabinet expansion, defence post to be changed soon