'Rules to provide broad canvas for CSR activities'
The rule-making committee, set up by the Corporate Affairs Ministry, is expected to come out with draft norms soon for the new Companies Act.
Ministry of Corporate affairs developing a reporting framework for CSR activity
The new Companies Bill, passed in the Lok Sabha in December, ...
Companies Bill for independent regulator for auditors
The authority would formulate accounting and auditing standards as well as monitor and enforce them among other things, Sachin Pilot said in a written reply tabled in the RS yesterday.
Government ropes in corporate honchos like M Damodaran, YC Deveshwar, KV Kamath to reform regulatory norms
The corporate affairs minister set up a committee under the former SEBI chairman M Damodaran for 'Reforming the regulatory environment for doing business in India'.
Questions raised over qualifying exam for independent directors
Bemused by Centre's latest decision to hold a qualifying exam for independent members of company boards, there is a brewing scepticism in the corporate sector. Until now, companies didn't choose independent directors from a database maintained by MCA.
Govt factory to churn out corporate law experts
The government has introduced a new central civil services cadre called the Indian Corporate Law Services to create an army of experts who would be involved in corporate law making and its enforcement in the country.
Centre trains focus on corporate affairs school
With over 8 lakh companies incorporated in the country and the body corporate becoming the most important vehicle for even erstwhile government functions, plans are afoot to set up a national institute for corporate law and governance- the Indian Institute of Corporate Affairs (IICA) in the Capital.
Individual bankruptcy norms in the works: IBBI Chief
“The work is progressing, but I cannot comment on any timeline,” said Sahoo.
Over 140 posts vacant at SFIO, Competition Commission of India: Government
Corporate Affairs Minister Arun Jaitley informed the Rajya Sabha that out of the 131 positions at the SFIO, 72 were vacant at the end of March 31, 2016.
BSE Sammaan lists NGO projects worth Rs 1,508 crore for CSR
The CSR (Corporate Social Responsibility) platform, launched by BSE along with industry body CII and think tank IICA, went live on the stock exchange in December last year.
Government plans to set up Corporate Social Responsibility portal
The portal would be set up in partnership with the Indian Institute of Corporate Affairs (IICA), which comes under the Corporate Affairs Ministry.
CSR monitoring panel to meet next week
A six-member panel, looking into ways to strengthen monitoring of CSR activities under the companies law, will hold its second meeting next week.
SFIO probed 17 firms for corporate frauds this fiscal: Arun Jaitley
With this, a total of 81 companies have been probed for corporate frauds by the Serious Fraud Investigation Office (SFIO) since 2011-12.
Indian Institute of Corporate Affairs, Grant Thornton ink pact to help firms implement CSR
Certain class of companies are now required to shell out at least 2% of their three- year annual average net profit towards CSR activities.
How Indian companies are misusing public trusts to launder their CSR spending
Public trusts are a favoured route to launder money because they are not adequately governed or monitored.
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