I-T sees massive chit fund network

A committee looking into US giant Walmart's lobbying activities to enter India on Saturday submitted its report to corporate affairs minister Sachin Pilot. Former chief justice of Punjab and Haryana high court Mukul Mudgal, who headed the panel set up to look ...

Ministry of corporate affairs has mooted new law to cover chit funds. The ministry has proposed that the issue of chit funds should be examined in light of RBI's definition of financial institutions

An MoU between an Odisha Mining Corporation and Vedanta has come in for questioning from the Tribal Affairs Ministry, which has contended that it is against the letter and spirit of the Constitution and its provisions.

Representatives from the Finance and Corporate Affairs Ministries, Reserve Bank of India (RBI) and Securities and Exchange Board of India (Sebi) will be members of the inter- ministerial group (IMG). The IMG has been set up through the Department of ...

Agartala, May 16 : With crackdown operation against Non Banking Financial Companies (NBFCs) in Tripura, Corporate Affairs Ministry today directed Serious Fraud Investigation Office (SFIO) to investigate three such companies including biggest deposit collector ...

The Ministry of Corporate Affairs (MCA) had written to the Reserve Bank of India (RBI) about the activities of various companies, including that of the Saradha Group, about a month ago. However, the central bank failed to nail them down, said a ...

Amid rising instances of illegal money-pooling activities, the Ministry of Corporate Affairs (MCA) has started tapping various platforms, including visual media, to sensitise investors from falling prey to such schemes.

In its efforts to protect the interest of investors, the Corporate Affairs Ministry plans to analyse data on unpaid and unclaimed money lying with various companies.

MUMBAI: The ministry of corporate affairs is developing a reporting framework for (CSR), which could potentially be a game-changer for CSR in India, sources close to the development told ET. The government is formulating guidelines to classify what ...