New Delhi, July 10 (IANS) SBI Funds Management Ltd — which is set to launch its initial public offering (IPO) next week — has disclosed in its Red Herring Prospectus (RHP) that it is unable to trace certain historical corporate records and warned that it cannot assure investors that no legal or regulatory action will be initiated in the future over the missing filings.”We are unable to trace certain secretarial records, including the form filings made by our Company and certain corporate recor…
Latest Ministry of Corporate Affairs News & Updates
Mumbai, July 7 (IANS) The National Financial Reporting Authority (NFRA) has initiated its investigation into the alleged financial misstatement case involving Rajesh Exports, with Chairman Nitin Gupta confirming that the audit regulator has begun its process following a referral from the Securities and Exchange Board of India (SEBI).Speaking on the sidelines of a conference organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) in Mumbai on Tuesday, Gupta said the regula…
New Delhi, May 28 (IANS) The Department of Administrative Reforms and Public Grievances (DARPG) held a detailed walkthrough and demonstration of the National e‑Governance Service Delivery Assessment (NeSDA) 2025 portal, an official statement said on Thursday. The portal will collect online data from States, Union Territories and Central Ministries to assess the availability, accessibility and maturity of online service delivery, the statement from Department of Administrative Reforms and Publi…
New Delhi, May 27 (IANS) The Enforcement Directorate (ED) on Wednesday conducted searches at nearly 10 locations linked to Cochin Minerals and Rutile Limited (CMRL), its top executives, and Kerala former Chief Minister Pinarayi Vijayan’s daughter Veena Vijayan, following a recent Kerala High Court order upholding the agency’s money laundering investigation in the alleged corporate fraud case involving the company.Officials said documents related to investments and bank fixed deposits were se…
Gandhinagar, May 22 (IANS) India’s efforts to position itself as a global financial and investment destination received fresh emphasis during a high-level review of Gujarat International Finance Tec-City (GIFT City), where Union Finance Minister Nirmala Sitharaman noted that the International Financial Services Centre (IFSC) was helping channel international capital flows into the country through globally benchmarked institutional frameworks, regulatory agility and a supportive social ecosyste…
Mumbai, May 21 (IANS) The Securities and Exchange Board of India (SEBI)-backed National Institute of Securities Markets (NISM) has joined hands with the Indian Institute of Corporate Affairs (IICA) to strengthen training in governance, ESG and capital markets, an official statement said on Thursday.The Memorandum of Understanding (MoU) was signed in Mumbai and aims to jointly design and deliver capacity building programmes, certification courses, executive education modules and training initiati…
New Delhi, May 19 (IANS) The Lok Sabha Secretariat has officially notified the composition of the joint committee of Parliament on the Corporate Laws (Amendment) Bill, 2026. The list of members was published in the Lok Sabha Bulletin on Tuesday.The joint committee, comprising members of both the Lok Sabha and the Rajya Sabha, has been constituted to examine the proposed amendments to corporate laws aimed at further strengthening governance, ease of doing business, transparency, and regulatory ov…
New Delhi/Lucknow, May 14 (IANS) The Allahabad High Court’s Lucknow Bench has directed the CBI, Enforcement Directorate (ED), Serious Fraud Investigation Office (SFIO) and other authorities to file responses within eight weeks on a petition alleging disproportionate assets against Leader of Opposition in the Lok Sabha Rahul Gandhi. A Division Bench of Justices Rajesh Singh Chauhan and Zafeer Ahmad passed the order while hearing a criminal writ petition filed by Karnataka-based BJP worker S. Vi…
New Delhi, May 13 (IANS) The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs entered into a Memorandum of Understanding (MoU) with Public Service broadcaster Prasar Bharati to boost nationwide investor awareness initiatives, an official statement said on Wednesday.Dissemination of informative scroll messages through Doordarshan across national and regional channels will be done to drive investor awareness, the Ministry of Corporate Affairs said i…
New Delhi, May 12 (IANS) The PM Internship Scheme is emerging as a powerful catalyst for workforce development by giving industry wide flexibility to design roles and directly train final‑year graduates and postgraduates, senior officials said on Tuesday. Speaking at a session on PM Internship Scheme during the CII Annual Business Summit, Deepti Gaur Mukerjee, Secretary, Ministry of Corporate Affairs, said the scheme was conceptualised to bridge the gap between industry demand and the skilling…