Ministry of Corporate Affairs: News

12 Oct 2024

Reliance Industries

PM Internship Scheme: 193 companies offer over 90,800 opportunities

The Prime Minister Internship Scheme has garnered a massive response from the corporate world, with 193 companies offering over 90,800 internships in India.

07 Sep 2024

BYJU'S

BYJU'S auditor MSKA resigns amid unresolved financial issues

MSKA & Associates, the auditing firm for Indian edtech giant BYJU'S, has resigned as the company's statutory auditor.

17 Jul 2024

Companies Act

Centre mulls decriminalization of several provisions in key corporate acts

The Indian government is contemplating the decriminalization of 14 provisions in three significant corporate laws, according to Moneycontrol.

06 Jul 2024

Drones

Delhivery gets MCA approval for launching drone services in India

Indian logistics company, Delhivery, has secured approval from the Ministry of Corporate Affairs (MCA) to establish its drone subsidiary.

MeitY to discuss Digital Competition Bill concerns with industry stakeholders

The Ministry of Electronics and Information Technology (MeitY) has scheduled two meetings with industry stakeholders to address their apprehensions about the Digital Competition Bill.

25 May 2024

Reliance Industries

Reliance Industries to transfer unclaimed shares to government fund

Reliance Industries Limited (RIL) has publicly announced its decision to transfer unclaimed shares to the Investor Education Protection Fund (IEPF), which is managed by the central government.

29 Mar 2024

India

More than 1.68 lakh companies registered in India in FY24

India witnessed a significant surge in new business registrations during the financial year 2024, with over 1.68 lakh companies being established.

10 Oct 2023

Vivo

Money laundering: ED arrests Vivo India executives, Lava International MD

The Enforcement Directorate (ED) on Tuesday arrested three executives of Chinese mobile maker Vivo Mobiles India, including a Chinese national, as part of its ongoing investigation into alleged money laundering and tax evasion.

09 Aug 2023

Hero MotoCorp

Tax authorities are investigating Hero Motocorp over links to vendor

Indian tax authorities are investigating motorcycle maker Hero MotoCorp's relationship with vendor Salt Experiences over a suspected false expenditure of about Rs. 91 crore.

11 Jul 2023

BYJU'S

Government to inspect financial records of BYJU's, India's most-valued start-up 

It is an endless queue of trouble for edtech giant BYJU'S. India's most valuable start-up has been under the scrutiny of lenders and investors for a while.

27 Aug 2020

General Atlantic

Ed-tech unicorn BYJU's secures $122 million from Russian billionaire's fund

Homegrown ed-tech unicorn BYJU's has raised $122 million (Rs. 909 crore) from DST Global, the investment fund started by Russian tech billionaire Yuri Milner.

29 Apr 2020

WhatsApp

WhatsApp might soon start offering loans in India: Details here

Since 2018, WhatsApp has been working on a peer-to-peer transfer facility for India - its biggest market.

29 Aug 2018

India

#FinancialBytes: How to register a company in India?

A corporation must be registered under Section 2(20) of The Companies Act, 2013 to function legally as a company in India.

11 Aug 2018

Business

#FinancialBytes: 10 things to keep in mind while buying house

Buying a house is one of the most significant decisions in a person's life, not only financially but also on a personal front.

08 Jul 2018

Business

#FinancialBytes: 10 things to keep in mind while buying house

Buying a house is one of the most significant decisions in a person's life, not only financially but also on a personal front.

14 Jun 2018

Business

#FinancialBytes: 10 things to keep in mind while buying house

Buying a house is one of the most significant decisions in a person's life, not only financially but also on a personal front.

30 May 2018

India

#FinancialBytes: How to register a company in India?

A corporation must be registered under Section 2(20) of The Companies Act, 2013 to function legally as a company in India.

24 May 2018

Accel Partners

Hrithik Roshan invests $878,200 in fitness start-up Cure.Fit

Bengaluru-based fitness start-up Cure.Fit has raised $878,200 (Rs. 6cr) from Bollywood heart-throb Hrithik Roshan.

03 Apr 2018

India

Paytm Mall raises Rs. 3,000 crore from SoftBank, Alibaba

According to documents filed with the Ministry of Corporate Affairs, online retail firm Paytm Mall has raised nearly Rs 3,000 crore from Japan's SoftBank and its existing investor Alibaba in new round of funding.

08 Dec 2017

Delhi Police

NCLT allows Centre to take over realty major Unitech

The National Company Law Tribunal (NCLT) has allowed the Centre to take management control of realty giant Unitech after the Corporate Affairs Ministry moved the bankruptcy court.

18 Sep 2017

India

PAN might soon be the 'Aadhaar' for entities

The government is planning to use the PAN and Aadhaar to drive out shell companies and curb black money.

19 Jun 2017

India

WannaCry Attack: Corporate Affairs Ministry's portal was hacked

India was one of the 150 countries, whose computer systems and networks were affected by the infamous WannaCry ransomware cyberattack that took place last month.

15 Mar 2017

Goa

Can Jaitley fill the void left by Parrikar?

Manohar Parrikar took oath as Chief Minister of Goa, leading a coalition spearheaded by the BJP.

20 Dec 2016

India

Making India business-friendly

The government is keen to ensure that India soon ranks among the top 50 countries with respect to doing business.

05 Dec 2016

India

78 companies untraceable after raising funds

Nearly 78 companies in India have been reported as untraceable after raising funds worth a whopping Rs.312 crore from multiple investors.

04 Nov 2016

Nestle India

Nestle India's Q3 results show normal course of business

Nestle India Limited's Q3 2016 results indicated that things are back on track after the Maggi noodles recall incident.