Ministry of Corporate Affairs: News
After SEBI, ED launches simultaneous probe into Gensol Engineering, BluSmart
Gensol Engineering and BluSmart are being investigated by Securities and Exchange Board of India (SEBI) and the Ministry of Corporate Affairs (MCA).
PM Internship Scheme 2025 registrations close tomorrow: How to apply
The registrations for Prime Minister's Internship Scheme 2025 will close on March 12, 2025.
Hero MotoCorp gets clean chit in fund diversion probe
The Ministry of Corporate Affairs (MCA) has found no breach of corporate governance or fund violation by Hero MotoCorp.
Swiggy gets government nod to launch sports subsidiary, Swiggy Sports
Swiggy has received the nod from Ministry of Corporate Affairs (MCA) to set up its new sports subsidiary, Swiggy Sports.
Adani Enterprises to end FMCG joint venture with Wilmar International
Adani Enterprises, the flagship firm of the Adani Group, has announced its decision to sell its entire stake in Adani Wilmar.
Indian government launches new probe into BYJU'S financial misconduct
The Indian government has launched an investigation into the financial and accounting practices of BYJU'S, the beleaguered online tutoring firm.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
#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.
#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.
#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.
#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.
#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.
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.
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.
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.
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.
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.
Can Jaitley fill the void left by Parrikar?
Manohar Parrikar took oath as Chief Minister of Goa, leading a coalition spearheaded by the BJP.
Making India business-friendly
The government is keen to ensure that India soon ranks among the top 50 countries with respect to doing business.
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.
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.