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New Delhi, Apr 8 (PTI) The Central Information Commission (CIC) has voiced concern that "some public authorities continue to deny information without adequate reasons", and asserted that merely citing exemption clauses in the RTI Act is insufficient. The CIC emphasised that exemptions should not be interpreted in a way that would "shadow the very right itself". Highlighting the importance of reasoned decision-making, the CIC, which serves as the highest adjudicating body for RTI-related complain ...Read More >
New Delhi, Apr 8 (PTI) The Central Information Commission (CIC) has voiced concern that "some public authorities continue to deny information without adequate reasons", and asserted that merely citing exemption clauses in the RTI Act is insufficient. The CIC emphasised that exemptions should not be interpreted in a way that would "shadow the very right itself". Highlighting the importance of reasoned decision-making, the CIC, which serves as the highest adjudicating body for RTI-related complain ...Read More >
New Delhi [India], April 1 (ANI): Parliament on Wednesday passed key amendments to the Insolvency and Bankruptcy Code (IBC), with Finance Minister Nirmala Sitharaman stating that the changes aim to address delays, improve recovery outcomes and strengthen investor confidence in India's insolvency framework. The Rajya Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, with a voice vote. It had received the Lok Sabha approval on March 30. Also Read | KKR vs SRH Dream11 Predic ...Read More >
New Delhi [India], April 1 (ANI): Parliament on Wednesday passed key amendments to the Insolvency and Bankruptcy Code (IBC), with Finance Minister Nirmala Sitharaman stating that the changes aim to address delays, improve recovery outcomes and strengthen investor confidence in India's insolvency framework. The Rajya Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, with a voice vote. It had received the Lok Sabha approval on March 30. Replying to a discussion on the bill ...Read More >
New Delhi, Apr 1 (PTI) Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) to provide faster resolutions, reduce case backlog and strengthen the financial ecosystem. The Rajya Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, with a voice vote. It had received the Lok Sabha approval on March 30. Replying to a short discussion on the bill in the Rajya Sabha, Finance Minister Nirmala Sitharaman said the IBC has contributed to the health of ...Read More >
New Delhi/Bhubaneswar: Odisha-cadre IAS officer Vir Vikram Yadav has been appointed Director General of the Directorate General of Civil Aviation (DGCA) under the Ministry of Civil Aviation in a reshuffle of senior bureaucrats by the central government on Tuesday. The 1996-batch officer was serving as Additional Secretary, Ministry of Environment, Forest & Climate Change. Yadav will replace Faiz Ahmed Kidwai, who has been appointed as Additional Secretary in the Department of Personnel and Trai ...Read More >
New Delhi, Mar 31 (PTI) Senior bureaucrat Vir Vikram Yadav has been appointed as the chief of Directorate General of Civil Aviation (DGCA) as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday. Yadav, a 1996 batch Indian Administrative Service (IAS) officer of the Odisha cadre, succeeds incumbent Faiz Ahmed Kidwai, who has now been appointed as Additional Secretary, Department of Personnel and Training (DoPT). Yadav is an Additional Secretary, Ministry of Environme ...Read More >
The Appointments Committee of the Cabinet (ACC) has approved significant appointments of senior Odia officers to top positions in the Government of India. IRS officer Ansuman Pattanaik (IT:94), currently serving as Director General of the Competition Commission of India, has been appointed as Additional Secretary in the Ministry of Corporate Affairs. His elevation reflects his expertise in regulatory and corporate governance matters. IAS officer Chandra Sekhar Kumar (OR:92), serving as Secreta ...Read More >
Rebranding move: JSW integrates Dulux into its paints portfolio. (Editorial image) Akzo Nobel India has officially been renamed JSW Dulux after receiving regulatory clearance, marking the final step in its transition following JSW Paints' acquisition of a controlling stake. NEW DELHI, March 12, 2026 -- Paints and coatings maker Akzo Nobel India has received approval from the Ministry of Corporate Affairs to change its corporate name to JSW Dulux Ltd. The MCA issued a fresh certificate of inco ...Read More >
During the hearing, senior advocate Abhishek Singhvi, representing Apple Inc, submitted that they have received the copy of a joint reply of the ministry and CCI last night and urged the court to grant some time to file the rejoinder. New Delhi: The Delhi High Court on Tuesday directed the Centre and Competition Commission of India to place on record their response filed on a plea by tech giant Apple Inc challenging CCI's direction to furnish the firm's audited financial statements for several ...Read More >
The Supreme Court on Wednesday (Nov 19) questioned the "friendly approach" adopted by the CBI and the Ministry of Corporate Affairs (MCA) in probing allegations against Indiabulls Housing Finance Ltd (IHFL). A Bench of the top court said it was particularly concerned about SEBI's reluctance to investigate the matter, calling it "double standards". The court noted that it was now "giving SEBI the jurisdiction to probe" if the regulator believed it did not already possess the mandate to do so. P ...Read More >
Mumbai: The Indian unit of global streaming giant Netflix reported a 63% increase in net profit to ₹85 crore for FY25, according to its filings with the Ministry of Corporate Affairs (MCA), sourced from Tofler. Netflix Entertainment Services India LLP had posted a profit of ₹52 crore in the previous financial year. Revenue from operations grew 32% to ₹3,769 crore from ₹2,846 crore a year earlier, driven by strong subscriber additions through direct acquisitions and bundling partnerships with te ...Read More >
Guwahati, Oct 18: The Centre has taken cognizance of a suggestion made by a Gauhati High Court lawyer on making public details of CSR fund used by companies and planning of schemes by involving the communities. In a letter to the PMO, advocate Nayan Moni Hazarika had sought amendment in the relevant section of Companies Act, 2013, so that "citizens of the country are properly benefitted by the CSR schemes." He said that though a company utilizes substantial amount of money under CSR schemes, t ...Read More >
The chartered accountants' apex body is set to propose financial and regulatory measures to help Indian Multi-Disciplinary Partnership (MDP) firms scale globally, leveraging government support and free trade agreements. How will it enable funding for MDPs? What regulatory reforms are needed to support growth? Which global opportunities can Indian MDPs tap through trade agreements? Here is what ICAI said. The Institute of Chartered Accountants of India (ICAI) is preparing a report to guide the f ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
New Delhi, Sep 5 (PTI) The NCLT Bar Association has raised concerns after three courtrooms at the insolvency tribunal's Principal bench in the city became non-operational due to severe roof seepage. These courtrooms were located at the CGO complex in the national capital. The National Company Law Tribunal Bar Association (NCLTBA) has written to the Ministry of Corporate Affairs after the eighth floor of Block 3 of the CGO Complex at Lodhi Road has been declared "unsafe for judicial functioning ...Read More >
SHILLONG, July 10: Union Finance Minister Nirmala Sitharaman began her four-day official visit to Meghalaya on Thursday with a series of engagements in Shillong, focusing on youth empowerment, entrepreneurship, and urban infrastructure development. Accompanied by Chief Minister Conrad K Sangma and others, Sitharaman chaired an interactive session of the North East Roundtable under the Prime Minister's Internship Scheme (PMIS), where she interacted with interns, industry leaders and officials fr ...Read More >
New Delhi [India], July 2 (ANI): A meeting of the Parliamentary Standing Committee on Home Affairs was held on Wednesday to discuss ways to prevent cybercrime. The panel met on the subject 'Cyber Crime - Ramifications, Protection and Prevention'. The panel was headed by BJP MP Radha Mohan Das Agrawal. As per the sources, members noted that with increasing internet penetration and digital transactions, there is a growing need to raise public awareness about cyber safety. The meeting also focuse ...Read More >
Hyderabad: National Chartered Accountants Day, or CA Day, is a yearly celebration on July 1 to honour the founding of the Institute of Chartered Accountants of India (ICAI) in 1949. This day is very important for the accounting and finance community in India because it recognises the vital role chartered accountants have in the country's economy and finance. This year marks the 76th anniversary of The Institute of Chartered Accountants of India (ICAI), which is the main authority for accounting ...Read More >
New Delhi, June 30 (SocialNews.XYZ) The number of new companies registered in India surged by 29 per cent year-on-year in May this year to 20,718, reflecting the acceleration in economic activity, according to the latest monthly bulletin released on Monday by the Ministry of Corporate Affairs. The total number of registered companies in the country as on May 31, 2025, has now gone up to 28,96,943, of which 65 per cent (18,90,305) are active. There is an increase of 0.2 per cent in the total pro ...Read More >
New Delhi: The National eGovernance Division (NeGD), under the Ministry of Electronics and Information Technology (MeitY) has developed Entity Locker, a cutting-edge digital platform designed to transform the management and verification of business/organisation documents. Entity Locker is a secure, cloud-based solution that simplifies the storage, sharing, and verification of documents for a wide range of entities, including large organisations, corporations, micro, small, and medium Enterprise ...Read More >
India's Ministry of Corporate Affairs (MCA) has announced an ongoing investigation into three electric vehicle (EV) manufacturers for allegedly availing government subsidies fraudulently. The total sum in question amounts to approximately Rs2.97bn (about $35m). The firms under scrutiny, Hero Electric Vehicles, Benling India Energy and Technology, and Okinawa Autotech; they are accused of violating guidelines tied to FAME II. FAME II was launched in 2019 by India's Ministry of Heavy Industries ...Read More >
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