Articles about Ministry of Corporate Affairs

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

27 Aug 2020

Business
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

29 Apr 2020

Business
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?

29 Aug 2018

Business
#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

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.

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

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.

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

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.

#FinancialBytes: How to register a company in India?

30 May 2018

Business
#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

24 May 2018

Business
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

03 Apr 2018

Business
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.

Nirav Modi scam: Massive cover-up by banks, media and govt?

16 Feb 2018

India
Nirav Modi scam: Massive cover-up by banks, media and govt?

For seven years, billionaire Nirav Modi and his associates managed to dupe one single bank of a whopping Rs. 11,400cr, and it apparently never found out till now.

NCLT allows Centre to take over realty major Unitech

08 Dec 2017

Business
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.

SpiceJet owner Ajay Singh to take control of NDTV

22 Sep 2017

Business
SpiceJet owner Ajay Singh to take control of NDTV

As NDTV founders Prannoy Roy, Radhika Roy and promoter RRPR Holding Pvt Ltd face a probe for allegedly concealing transactions, the channel is set to be handed over to a new owner.

PAN might soon be the 'Aadhaar' for entities

18 Sep 2017

Business
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.

1 lakh deregistered companies to face more action

03 Jul 2017

India
1 lakh deregistered companies to face more action

After the deregistration of one lakh firms over questionable transactions, the government is launching a multi-pronged offensive against them.

Modi says corrupt won't be spared, 1 lakh firms de-registered

02 Jul 2017

India
Modi says corrupt won't be spared, 1 lakh firms de-registered

While addressing the foundation day function of the ICAI, PM Modi said the registration of over one lakh companies has been cancelled over questionable transactions.

WannaCry Attack: Corporate Affairs Ministry's portal was hacked

19 Jun 2017

Technology
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.

QNet scam: SC grants bail to Michael Ferreira

29 Mar 2017

Business
QNet scam: SC grants bail to Michael Ferreira

The Supreme Court ordered the release of Michael Ferreira in the QNet multi-level marketing scam. The court ordered Ferreira's release along with his business partner Malcolm Desai on a bond of Rs. 25,000 each.

Can Jaitley fill the void left by Parrikar?

15 Mar 2017

Politics
Can Jaitley fill the void left by Parrikar?

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

Nestle lost Rs. 100 crore over demonetization

22 Feb 2017

Business
Nestle lost Rs. 100 crore over demonetization

Nestle stated that its businesses sustained a Rs. 100 crore loss in sales due to demonetization, adding that the FMCG sector may take several months to recover.

Nestle India's 4-year plan to put behind Maggi fiasco

16 Feb 2017

Business
Nestle India's 4-year plan to put behind Maggi fiasco

Two years after the Maggi fiasco, Nestle India is looking at a fresh four-year strategy to rebuild the brand and reclaim market share.

Court orders auction of Saradha group's Odisha properties

19 Jan 2017

India
Court orders auction of Saradha group's Odisha properties

A court in Balasore, Odisha has ordered the state government to auction all the confiscated properties of the Saradha Group, involved in a massive chit-fund scam.

Making India business-friendly

20 Dec 2016

Business
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

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.

Nestle India's Q3 results show normal course of business

04 Nov 2016

Business
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.

Billiards champion Michael Ferreira arrested in QNet scam

19 Oct 2016

Business
Billiards champion Michael Ferreira arrested in QNet scam

Former Billiards champion and Padma Bhushan awardee Michael Ferreira, along with three other directors of QNest India, was arrested in connection to the multi crore QNet scam.

Bansal's son disclosed Rs.2.38 crore unaccounted income: CBI

04 Oct 2016

India
Bansal's son disclosed Rs.2.38 crore unaccounted income: CBI

The CBI stated that deceased Director General of Corporate Affairs BK Bansal and his son had disclosed unaccounted income worth Rs.2.38 crore to tax officials a day before he allegedly committed suicide.

BK Bansal's suicide note points to Amit Shah

29 Sep 2016

India
BK Bansal's suicide note points to Amit Shah

The suicide note of B K Bansal, who had allegedly committed suicide, pointed toward a possible conspiracy against him by Amit Shah.

Former bureaucrat facing CBI probe commits suicide

27 Sep 2016

India
Former bureaucrat facing CBI probe commits suicide

BK Bansal, Former Director General (Corporate Affairs Ministry) who was being investigated by the CBI in a corruption case, allegedly committed suicide along with his 25 year old son, at their East Delhi residence.

Saradha Scam : ED to question Nalini Chidambaram

24 Aug 2016

India
Saradha Scam : ED to question Nalini Chidambaram

The Enforcement Directorate summoned Nalini Chidambaram, the spouse of Ex-Finance Minister P Chidambaram, in relation to the Saradha scam probe.