Latest Companies News & Updates

New Delhi, April 22 (IANS) In a move aimed at strengthening youth employability and bridging the gap between academia and industry, the Centre on Wednesday expanded the eligibility criteria for the pilot phase of the Prime Minister Internship Scheme (PMIS). The Ministry of Corporate Affairs (MCA), in consultation with the Department of Higher Education under the Ministry of Education, has now opened the scheme to final-year undergraduate and postgraduate students.The decision is expected to prov…

Noida, April 15 (IANS) As workers’ protests continued to simmer in parts of Noida, family members of those detained during earlier violence alleged arbitrary police action and a lack of communication from authorities, even as fresh demonstrations were reported on Wednesday.Relatives who reached police stations in search of their kin described confusion and distress, claiming that several individuals were picked up without clear justification. A woman searching for her nephew said that the yout…

New Delhi, April 7 (IANS) India’s market regulator Securities and Exchange Board of India (SEBI) on Tuesday announced a one-time relaxation for public issuances, acknowledging that ongoing geopolitical tensions — particularly in the Middle East — have slowed fundraising activity and reduced investor participation.Under existing regulations, companies are required to launch their public issues within 12 to 18 months from the date SEBI issues its observations on their offer documents.However, …

New Delhi, Feb 11 (IANS) Annual filings by companies on development Corporate Social Responsibility (CSR) expenditure reached over Rs 1,44,159 crore in five fiscals (2019-20 to 2023-24), according to the government.All data related to CSR expenditure filed by companies in MCA21 registry including state-wise, year-wise, company-wise and project-wise is available in public domain, said Minister of State for Corporate Affairs, Harsh Malhotra, in a written reply to a question in Rajya Sabha.“CSR i…

New Delhi, Feb 9 (IANS) The Ministry of Steel on Monday signed Memoranda of Understanding (MoUs) with 55 companies for 85 projects, involving an investment of Rs 11,887 crore. ​ These projects are expected to add 8.7 million tonnes of speciality steel capacity by 2030-2031, significantly expanding India’s capabilities in high-end steel segments such as electrical steel, alloy and stainless steels, coated products, and grades required for strategic sectors.​The MOUs were signed at Vigyan Bh…