Saving the Titanic: Govt took control of IL&FS to avert 'catastrophic' damage to financial markets, economy
Saving IL&FS was critical as nearly two-thirds of the firm’s accumulated debt of 910 billion rupees ($12.36 billion) was from public sector banks.
IL&FS crisis: Redemption pressure on mutual funds, capital inadequacy for smaller NBFCs among key concerns
In only the second instance in nearly a decade, the government has superseded the management of IL&FS where state-owned LIC is a major shareholder.
In 2018-19, the Corporate Affairs Ministry has identified nearly 2.26 lakh companies for continuously not submitting requisite filings for two or more years.
Nearly 21 lakh directors failed to submit the requisite KYC details when the deadline set by the Corporate Affairs Ministry ended on 15 September.
Binny Bansal clarifies Walmart did not overpay for Flipkart; US retail giant made a long-term bet on India
Talking about Flipkart's plan to go public in the near future, Bansal said, “We believe you can be way more competitive with the right partners around.”
Unlisted public companies have to compulsorily issue new shares in demat form beginning 2 October: Govt
The step has been taken for "further enhancing transparency, investor protection and governance in the corporate sector," the Corporate Affairs Ministry said
ICICI Bank-Videocon loan controversy: Corporate affairs ministry summons Chanda Kochhar's husband, Deepak
As the inspection progresses into six companies linked to ICICI Bank controversy, the Corporate Affairs Ministry will question Deepak Kochhar, husband of the bank's chief Chanda Kochhar, later this month
Kerala, After The Flood: Companies making donations can log disaster relief as corporate social responsibility
Companies can club relief material under heads such as medical aid, sanitation, and providing housing and shelter.
Govt-appointed panel suggests restructuring of offences under companies law, pitches for in-house adjudication mechanism
The panel has made various recommendations as part of larger efforts to promote ease of doing business and better compliance levels.
The Code, which comes under the Corporate Affairs Ministry, has already been amended twice.
Govt orders probe into alleged corporate governance lapses; 13 cases referred to serious fraud investigator
Corporate affairs minister Piyush Goyal claims corporate governance standards at public sector banks (PSBs) are much better than before.
L&T's statement comes a day after the government informed Parliament that SFIO has received complaints against private sector lender ICICI Bank and engineering firm Larsen and Toubro.
Serious Fraud Investigation Office receives complaints against ICICI Bank, L&T: Govt informs Rajya Sabha
However, the minister has not provided details of the complaints about ICICI and L&T
Piyush Goyal said Centralised Scrutiny and Prosecution Mechanism (CSPM) has been tasked to examine the records of top 1,000 companies obliged to spend on CSR
The NFRA would act as an independent regulator for the auditing profession.
Generally, shell companies exist only on paper and are often used by fraudsters for carrying out their illegal activities
Union Minister P P Chaudhary's comments come against the backdrop of some auditing entities coming under the scanner of the Corporate Affairs Ministry following various complaints
The Serious Fraud Investigation Office (SFIO) is probing alleged financial irregularities at debt-laden Aircel as well as two group entities -- Aircel Cellular and Dishnet Wireless
Videocon loan controversy: ICICI Bank says no communication from US SEC on allegations involving Chanda Kochhar
ICICI Bank said it has not received any "specific communication" from the US markets regulator SEC with regard to allegations involving Chanda Kochhar
Videocon loan controversy: ICICI Bank, Chanda Kochhar face US regulatory probe; Indian agencies may seek foreign help
As multi-agency probe continues in India into alleged lapses involving ICICI Bank's chief Chanda Kochhar and her family members, the matter has also come under the scanner of the US markets regulator SEC.