Latest News on Corporate Affairs Ministry
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Corporate Affairs Ministry - Total results - 66
Mar 04, 2019
Vijay Mallya's defiance prompts Securities and Exchange Board of India to seek changes to Companies ActIn its proposal, SEBI has referred to its interim order dated 25 January, 2017, through which the regulator had barred Mallya and six others from holding directorship in any listed company till further directions.
Jan 31, 2019
Corporate affairs ministry initiates inquiry into DHFL's alleged Rs 31,000-cr fund diversion; set to seek info from companyDHFL) is in the eye of a storm after a report that the company through layers of shell companies allegedly siphoned off Rs 31,000 crore
Jan 09, 2019
Myntra narrows consolidated losses to Rs 178.7 cr for 2017-18; total income grows threefold to Rs 427.4 croreMyntra attributed the growth to the company's strategic initiative of hiving off its B2B business
Jan 04, 2019
MobiKwik losses mount to Rs 203 cr in FY18; consolidated revenue increases 93.1% to Rs 85.65 croreThe company, which competes with mobile wallet players like Paytm, had posted a total consolidated loss of Rs 132.8 crore in 2016-17
Jan 02, 2019
In a first, NCLT allows corporate affairs ministry to reopen IL&FS books to ascertain financial mismanagementThe government wants to check the balance-sheets of the crippled group and its two listed subsidiaries--ITNL and IL&FS Financial Services for the past five years
Dec 27, 2018
ICICI Bank loan controversy: Corporate Affairs Ministry's inspection of six companies linked to lender at 'advanced stage'There are allegations of involvement of former ICICI Bank chief Chanda Kochhar and her family members in a loan provided to Videocon Group on a quid pro quo basis.
Dec 24, 2018
TCS, Wipro, IBM, 3 others shortlisted by Reserve Bank of India for setting up Public Credit RegistryThe Public Credit Registry would be the single point of mandatory reporting for all material events for each loan, notwithstanding any threshold in the loan amount or type of borrower.
Dec 21, 2018
Govt moves NCLT to reopen IL&FS group balance-sheets; court seeks views of statutory bodies, regulatorsThis is the first time that government has invoked the powers under Section 130 0f the new Companies Act of 2013 to reopen ledgers of a company.
Dec 03, 2018
Transfer of physical shares not possible from 5 December, only demat form allowed; all you need to knowPost-Tuesday, you won’t be able to transfer shares of listed companies if they are held in physical form.
Nov 29, 2018
Uday Kotak, Anand Mahindra lash out at proliferation of regulations, say they are forced to follow rules in letter and not in spiritThe comments come days after auto industry veteran Rahul Bajaj also expressed his displeasure on laws made by Sebi and corporate affairs ministry in the wake of fleeing defaulters.