[

corporate affairs

]
A working group set up by the Reserve Bank of India (RBI) has suggested that core investment companies (CICs) implement stronger governance practices(REUTERS)

RBI panel calls for strong corporate governance in CICs

New Delhi | By Indo Asian News Service
UPDATED ON NOV 07, 2019 07:19 AM IST
Core investment companies are non-banking financial companies (NBFCs) that hold not less than 90% of their net assets in the form of investment in equity shares, preference shares, bonds, debentures, debt or loans in group companies.
Sachin Pilot, Deputy Chief Minister of Rajasthan and Rajasthan Congress Chief(Sushil Kumar/HT)
Sachin Pilot, Deputy Chief Minister of Rajasthan and Rajasthan Congress Chief(Sushil Kumar/HT)

Sachin Pilot

UPDATED ON SEP 05, 2019 03:01 PM IST
Two-time parliamentarian, Congress’s Sachin Pilot was previously elected from Ajmer in 2009. In 2004, he was dubbed as the youngest MP when at the age of 26 he won from Dausa constituencies in Rajasthan.
The Enforcement Directorate conducted searches on Friday at the premises of Jet Airways founder Naresh Goyal in connection with a case of alleged contravention of the foreign exchange law.(REUTERS)
The Enforcement Directorate conducted searches on Friday at the premises of Jet Airways founder Naresh Goyal in connection with a case of alleged contravention of the foreign exchange law.(REUTERS)

ED conducts raids at Jet founder Naresh Goyal’s premises

New Delhi/Mumbai | By HT Correspondents
UPDATED ON AUG 24, 2019 01:41 AM IST
They said the searches are being carried out under the provisions of the Foreign Exchange Management Act (FEMA) and are aimed at gathering additional evidence.
Separately, a government source said that the airline’s former chairman, Naresh Goyal, had approached Delhi High Court to quash an order by authorities that stops him from travelling abroad. (ABHIJIT BHATLEKAR/MINT)
Separately, a government source said that the airline’s former chairman, Naresh Goyal, had approached Delhi High Court to quash an order by authorities that stops him from travelling abroad. (ABHIJIT BHATLEKAR/MINT)

Govt orders probe into Jet Airways over alleged siphoning of funds

New Delhi | By Reuters
UPDATED ON JUL 04, 2019 11:53 PM IST
The ministry ordered India’s Serious Fraud Investigation Office (SFIO) to carry out the probe, according to a government order seen by Reuters.
Fugitive IMA Group of Companies managing director, Mohammed Mansoor Khan. (Youtube)
Fugitive IMA Group of Companies managing director, Mohammed Mansoor Khan. (Youtube)

Officials try to put the pieces together in K’taka’s IMA case

Bengaluru | By Vikram Gopal
UPDATED ON JUN 27, 2019 08:19 AM IST
Documents available with the Registrar of Companies, which were accessed by HT, show the companies Bengaluru-based IMA ran did not earn enough profits to pay back investors. In fact, contrary to Khan’s claim, no companies of his had been registered with the Ministry of Corporate Affairs before 2013, when IMA Private Limited was registered.
Finance Minister Nirmala Sitharaman is among the 100 most influential women driving the UK-India relationship forward alongside one of Britain’s senior-most Cabinet ministers Penny Mordaunt.(Mohd Zakir/HT PHOTO)
Finance Minister Nirmala Sitharaman is among the 100 most influential women driving the UK-India relationship forward alongside one of Britain’s senior-most Cabinet ministers Penny Mordaunt.(Mohd Zakir/HT PHOTO)

Nirmala Sitharaman among 100 most influential women driving UK-India relationship

London | By Press Trust of India
UPDATED ON JUN 25, 2019 08:11 PM IST
The ‘100 Most Influential in UK-India Relations: Celebrating Women’ list was launched by UK Home Secretary Sajid Javid to mark India Day in the Houses of Parliament in London on Monday.
Nirmala Sitharaman was made the Finance Minister and also given charge of Corporate Affairs.(PTI File Photo)
Nirmala Sitharaman was made the Finance Minister and also given charge of Corporate Affairs.(PTI File Photo)

Nirmala Sitharaman gets Finance Ministry in PM Modi’s new Cabinet

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON MAY 31, 2019 02:26 PM IST
From a party spokesperson who fiercely attacked the UPA government in its second term and championed Modi’s PM candidacy in 2013-14 on television channels, Nirmala Sitharaman has come a long way in just over five years.
The debate around the veracity of India’s official gross domestic product (GDP) estimates has been going on for quite some time now(Illustration: Abhimanyu Sinha)
The debate around the veracity of India’s official gross domestic product (GDP) estimates has been going on for quite some time now(Illustration: Abhimanyu Sinha)

Inconsistencies in MCA-21 data are worrying

Hindustan Times | By HT Correspondent
UPDATED ON MAY 08, 2019 08:47 PM IST
Important economic statistics such as GDP numbers are far too important to be used as cannon fodder in political polemics
A fire broke out on the sixth floor of the Shastri Bhawan on Tuesday afternoon, a Delhi Fire Service official said.(ANI Photo)
A fire broke out on the sixth floor of the Shastri Bhawan on Tuesday afternoon, a Delhi Fire Service official said.(ANI Photo)

Fire breaks out on the sixth floor of Shastri Bhawan

New Delhi | By Press Trust of India
UPDATED ON APR 30, 2019 07:05 PM IST
The fire was later brought under control by 2.55 pm. No injury or casualty has been reported, the senior fire officer said.The cause of fire is yet to be ascertained, they added.
Congress president Rahul Gandhi took pot shots at Prime Minister Narendra Modi on Tuesday after a fire broke out at the national capital’s Shastri Bhawan which houses several key ministries.(Satish Bate/HT Photo)
Congress president Rahul Gandhi took pot shots at Prime Minister Narendra Modi on Tuesday after a fire broke out at the national capital’s Shastri Bhawan which houses several key ministries.(Satish Bate/HT Photo)

‘Burning files’: Rahul Gandhi’s tweet attack on PM after Shastri Bhawan fire

Hindustan Times, New Delhi/Bhopal | By HT Correspondent
UPDATED ON APR 30, 2019 10:43 PM IST
No casualties were reported in the fire at Shastri Bhawan which houses several key ministries.
Union minister Piyush Goyal briefs the media in New Delhi.(PTI Photo)
Union minister Piyush Goyal briefs the media in New Delhi.(PTI Photo)

Ahead of budget, Piyush Goyal gets temporary charge of finance ministry

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON JAN 23, 2019 09:59 PM IST
Arun Jaitley has been designated as minister without portfolio during the period of his indisposition or till such time he is able to resume his work as Minister of Finance and Minister of Corporate Affairs, according to the Rashtrapati Bhawan communiqué.
The Ministry of Corporate Affairs (MCA) has already struck off over 2.26 lakh companies for non- filing of financial statements or annual returns for a continuous period of 2 years or more.(Pradeep Gaur/Mint)
The Ministry of Corporate Affairs (MCA) has already struck off over 2.26 lakh companies for non- filing of financial statements or annual returns for a continuous period of 2 years or more.(Pradeep Gaur/Mint)

Over 2.25 lakh companies may be struck off in FY19 for not filing annual returns

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON JUN 08, 2018 01:51 PM IST
A task force headed by Finance Secretary Hasmukh Adhia and MCA Secretary Injeti Srinivas was set up in February 2017 to check the menace of shell companies through a coordinated, multi-agency approach.
SHARE
Story Saved