You are browsing entries tagged with “MCA”
Teething Troubles In New Regime

Teething Troubles In New Regime

Corporate India shares its experience as it gears up for a new company law regime Lending to Special Purpose Vehicles will become risky: Rajeev Uberoi The Companies Act 2013 is in keeping with the changing market dynamics, with a focus on investor protection and interest of minority shareholders. While the stress on corporate governance practices […]

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Most Indian listed firms not embracing corporate responsibility initiatives-Report

Most Indian listed firms not embracing corporate responsibility initiatives-Report

Livemint reported that, fewer than one-third of India’s top firms file reports on their corporate responsibilities and only 16% actually have a strategy on this, KPMG found in a recent survey. The consultancy firm took a sample of India’s top 100 publicly listed companies by revenue for the survey, conducted along the same lines as […]

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MCA blacklists 155,392 firms for violations of guidelines

MCA blacklists 155,392 firms for violations of guidelines

NEW DELHI: The ministry of corporate affairs (MCA) has blacklisted 155,392 companies, one- fifth of the total, for violating norms. As a direct fallout, these companies, mostly based in New Delhi and Mumbai, will not be allowed to borrow from banks and financial institutions. Neither will they be able to enter new contractual agreements with […]

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Recent Initiatives taken by the Ministry of Corporate Affairs

Recent Initiatives taken by the Ministry of Corporate Affairs

The Indian economy has expanded at a rapid rate during the current decade and the corporate sector has been the biggest contributor in this growth story.  A significant feature of this growth is the increasing integration of the Indian corporate economy into the global business environment.  While the Ministry of Corporate Affairs is working towards […]

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Companies will have to disclose CSR contributions: MCA

Companies will have to disclose CSR contributions: MCA

NEW DELHI: The government today said it would be mandatory for corporates to disclose to shareholders whether they have made a contribution of 2 per cent of net profit toward corporate social responsibility activities. “We have made it mandatory for all corporates to disclose (CSR spend of 2 per cent to shareholders),” Minister of State […]

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Human rights violations may appear in companies’ annual reports

Human rights violations may appear in companies’ annual reports

  NEW DELHI: It has reported that human rights violations by companies may form part of their annual reports as the ministry of corporate affairs is set to introduce norms that will require India Inc to formally recognise and comply with such rights towards all its stakeholders. A new set of guidelines being worked by […]

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Stephen Frost: Co-founders and ED of CSR Asia

Stephen Frost: Co-founders and ED of CSR Asia

Stephen FROST is one of the co-founders and an Executive Director of CSR Asia. He  is also an assistant professor at the Department of Asian and International Studies at the City University of Hong Kong. He is in high demand as a speaker internationally, has consulted for numerous companies, governments and multilateral organisations, and is […]

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