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Companies' CSR works to be monitored from next year: Govt

Last Updated: Tuesday, July 15, 2014, 15:10

Companies with a turnover of Rs 1,000 crore or more, at least Rs 500 crore net worth or minimum Rs 5 crore net profit are required to spend on CSR.

Ready with updated Indian accounting standards: ICAI

Last Updated: Sunday, July 13, 2014, 11:34

The new norms are converged with International Financial Reporting Standards (IFRS), which is being followed in more than 100 countries.

Nearly 1,800 new companies were set up in May

Last Updated: Sunday, July 06, 2014, 12:12

Data from the Corporate Affairs Ministry showed that 1,789 new companies were registered in the country in May 2014.

Govt relaxes resident director norms for companies

Last Updated: Sunday, June 29, 2014, 14:42

The relaxation allows for companies to have at least one director who has resided in India for more than 136 days this year.

IICA, Grant Thornton ink pact to help firms implement CSR

Last Updated: Wednesday, June 04, 2014, 19:10

The Indian Institute of Corporate Affairs and tax advisory firm Grant Thornton have entered into a pact to develop capacity of domestic firms for effective implementation of corporate social responsibility (CSR) rules laid down under the new Companies Act.

CII seeks clarity on new cos law; suggest changes in CSR rules

Last Updated: Sunday, June 01, 2014, 19:14

Expressing concerns over the "prescriptive" nature of CSR norms, industry body CII has sought changes in the social welfare spending rules for corporates besides seeking clarity on taxation aspect.

Corp Affairs Ministry makes presentation to Sitharaman

Last Updated: Wednesday, May 28, 2014, 22:40

The Corporate Affairs Ministry on Wednesday made a presentation, which touched upon various aspects of the new companies law and other issues, to the new minister Nirmala Sitharaman.

Corporate Affairs Ministry to be 'clubbed' with Finance Ministry

Last Updated: Tuesday, May 27, 2014, 20:59

"There will be clubbing. Currently the (Corporate Affairs) ministry is under me. A notification has to come," Finance and Corporate Affairs Minister Arun Jaitley said when asked whether MCA will be part of Finance Minister.

Reebok fraud: Parent adidas welcomes MCA action

Last Updated: Sunday, April 06, 2014, 15:30

Responding to a detailed questionnaire on the SFIO action, adidas Group said that Reebok India is a victim of the fraudulent activity.

New cos law becomes reality with robust governance norms

Last Updated: Tuesday, April 01, 2014, 22:58

To protect the interests of investors, the government has made it mandatory for public deposit-taking companies to insure such deposits, among others.

New companies law: Most provisions to be effective from Tuesday

Last Updated: Monday, March 31, 2014, 23:44

Norms for social welfare spending, stringent regulations for related party transactions, independent directors and deposit-taking companies, among others, would come into force.

Govt notifies more sections of new companies law

Last Updated: Wednesday, March 26, 2014, 19:56

The government Wednesday notified more than 180 sections of the new Companies Act, as it moves to make the legislation operational from next month.