Independent directors appointed for a 2nd term at corporates can now be removed only by a special resolution passed by shareholders, with the govt tightening the rules.
Jaitley said online availability of data has opened corporate activities to public gaze and raised the possibility of detecting any impropriety.
The corporate affairs ministry will examine Sebi's order against audit major Price Waterhouse in the Satyam Computer Services case, Chaudhary said.
IBBI) has published syllabus, format and other details of valuer courses and examinations, the Ministry of Corporate Affairs said.
Over 3 lakh persons have been disqualified for holding the post of director at registered companies for failing to comply with regulatory requirements, the govt said.
The Bombay HC dismissed a petition filed by the erstwhile FTIL challenging a 2016 decision of the Union govt ordering its merger with its subsidiary, NSEL.
Paytm E-commerce, which operates online marketplace Paytm Mall, has posted a total loss of Rs 13.63 crore between August 2016 and March 2017.
He is the third MoS in the ministry under the PM Modi-led govt since it came to power in May 2014.
Jaitley mentioned about markets regulator Sebi's action against suspected shell companies on the stock exchanges.
MCA has already cancelled registrations of over 1.62 lakh companies for non-filing of financial statements for the immediate two preceding fiscals.
Ultratech Cement leads race to take over Binani Cement
Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors
Dalmia Bharat offers Rs 6,300 Cr
Dalmia seen to lose as UltraTech offering equity stake to creditors
Final decision on winner to be ratified by NCLT
Business Standard Reporst
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray
NHAI hopes to generate more than Rs 6000 cr Under TOT model
auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km
Successful bidder to get toll collection rights for 30 years
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
Co bags Rajasthan Project
Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan
Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation
With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets
On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation
Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations
To be out of F&O if it does not declare quarterly results by March 1
All existing F&O contracts will expire on March 28
No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1