Registrar Of Companies
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DHFL crisis: Savings of over 1 lakh fixed deposit holders at risk as trouble mounts for debt-laden mortgage firm
Fp Staff •Cases of fund diversions, as revealed in a forensic audit by accounting firm KPMG, may scuttle the resolution plan for DHFL that has been in the works for several months.

Amazon says it has invested Rs 450 crore into its retail, food and payments units in India
•Founder Jeff Bezos has committed to spending more than $5 billion for the Indian market.

Adani Group adds yet another revenue stream, sets up new company to manage airport businesses
•Adani Airports Ltd is incorporated in India and registered with the Registrar of Companies at Ahmedabad in Gujarat on 2 August.

IndiGo promoter spat: Govt seeks explanation from InterGlobe Aviation on Rakesh Gangwal's complaint
•The government has sought explanations from InterGlobe Aviation on allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal

IL&FS crisis: Spate of auditors' resignations in SMEs must be viewed seriously; it's time MCA swings into action
Muralidharan •It is widely known that IL&FS created some 348 Special Purpose Vehicles (SPV)

Income Tax Department responsible for loss of Rs 6,000 cr in real estate taxes after error in assessment, reveals CAG report
Yatishyadav •CAG has exposed the chinks in the armour of the Income Tax Department revealing that the department has lost Rs 6,093.71 crore as tax revenue from the real estate sector due to errors

Corporate affairs ministry initiates inquiry into DHFL's alleged Rs 31,000-cr fund diversion; set to seek info from company
•DHFL) 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

Assistant Registrar of Companies summons directors, officers of Usha Martin
•The Assistant Registrar of Companies under the ministry of corporate affairs (MCA) has issued summons to the directors and officers of Usha Martin Limited which had sold its steel business to Tata Steel

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.

Jet Airways stock falls 4% on reports of preliminary probe by Ministry of Corporate Affairs
•In a regulatory filing, however, Jet Airways on Tuesday said it "has not received any communication from the Ministry of Corporate Affairs in this regard".



