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Ministry of Corporate Affairs

Grapevine: New financial reporting norms likely; Goldman Sachs to buy stake in Biocon unit

General

Grapevine: New financial reporting norms likely; Goldman Sachs to buy stake in Biocon unit

The ministry of corporate affairs may ask large unlisted firms to file financial statements more ...

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Is geo-tagging the best way to weed out shell companies?

General

Is geo-tagging the best way to weed out shell companies?

The Union government has been considering the possibility of asking company promoters to geo-tag the...

Unlisted public firms will soon have to issue new shares in demat form

General

Unlisted public firms will soon have to issue new shares in demat form

The Union government is trying to crack down on ‘benami’ transactions by making it mandatory for...

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Audit standards need a relook, must plug loopholes: MCA secretary Injeti Srinivas

Finance

Audit standards need a relook, must plug loopholes: MCA secretary Injeti Srinivas

The Ministry of Corporate Affairs (MCA) has been on a mission to clean up the system, deregistering ...

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Corporate affairs ministry may ask companies to furnish KYC details

Economy

Corporate affairs ministry may ask companies to furnish KYC details

After asking directors of companies to submit their KYC (Know Your Customer) details, the Ministry ...

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Promoters converting shell cos into LLPs to escape govt crackdown

Finance

Promoters converting shell cos into LLPs to escape govt crackdown

Amid a sustained government crackdown on shell companies, several promoters are converting such ...

Patanjali may partner Godrej Agrovet for Ruchi Soya bid; SEBI probes Manpasand

General

Patanjali may partner Godrej Agrovet for Ruchi Soya bid; SEBI probes Manpasand

Baba Ramdev-backed Patanjali Ayurved, which has made a bid for Ruchi Soya Industries, is in ...

Bharat Serums plans IPO; govt seeks control of Unitech

General

Bharat Serums plans IPO; govt seeks control of Unitech

Bharat Serums & Vaccines Ltd is looking to sell a 30% stake to raise Rs 2,000 crore through an ...

Govt's move to identify shell firms, disqualify directors will clean up India Inc

Opinion

Govt's move to identify shell firms, disqualify directors will clean up India Inc

In September, the Ministry of Corporate Affairs (MCA) struck off names of 2,17,239 companies, ...

SEBI's move against shell companies is non-transparent and unfair

Opinion

SEBI's move against shell companies is non-transparent and unfair

On August 7, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) issued circulars ...