Companies Act: News
17 May 2020
Nirmala SitharamanSitharaman fifth tranche announcements: All sectors open to private firms
Union Finance Minister Nirmala Sitharaman on Sunday announced the fifth and last tranche of the Rs. 20 lakh crore economic package announced by the government to revive the economy amid the coronavirus outbreak.
01 Oct 2018
IndiaGovernment takes over debt-ridden financial firm IL&FS after NCLT nod
The National Company Law Tribunal (NCLT) today allowed the Union Government's interim prayer to reconstitute the Board of Infrastructure Leasing & Financial Services Ltd (IL&FS).
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.
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.
04 Apr 2018
JP MorganHC partially unfreezes Cognizant's bank-accounts, orders payment of Rs. 420cr
A week after freezing bank accounts of Cognizant Technology Solutions in a Rs. 2,500cr tax-evasion case, the Madras HC has asked it to pay 15% (Rs. 420cr) to I-T in two days.
28 Mar 2018
IndiaI-T freezes Cognizant's bank accounts over Rs. 2,500cr tax evasion
The Income Tax (I-T) department has frozen some bank accounts of Cognizant Technology Solutions India P Ltd over alleged tax evasion to the tune of Rs. 2,500cr.
28 Feb 2018
IndiaPNB scam fallout: Center acts on setting up long-delayed NFRA
The massive PNB scam, India's biggest banking fraud till date, seems to have rattled the authorities.
23 Jul 2017
IndiaNSSO findings: Jobs in the unorganized sector are drying up
According to findings of a 2015-2016 NSSO survey, employment in India's unorganized sector is stagnating despite rising incomes.
19 Jun 2017
IndiaWannaCry 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.
08 May 2017
Central Bureau Of Investigation (CBI)Black money crackdown - CBI investigation uncovers shell company network
The Central Bureau of Investigation (CBI), in its ongoing three-year long investigation into black money, uncovered evidence of a clandestine web of 339 shell companies used to channel funds up to Rs. 290 crore.
10 Sep 2016
IndiaSEBI issues circular against crowdfunding platforms
SEBI has reportedly issued an investor-warning circular to equity crowdfunding platforms that help start-ups, questioning their legality.
22 Aug 2016
KarnatakaState Government Housing Scheme to go Electronic
Rajiv Gandhi Rural Housing Corporation Ltd. (RGRHCL), a Karnataka government-sponsored housing scheme for citizens that are not economically successful, will soon go digital.