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Friday, July 18, 2025
TopicMinistry of Corporate Affairs

Topic: Ministry of Corporate Affairs

Why flagship PM Internship Scheme is off to a stuttering start with low turnout, high attrition

Despite a lot of initial interest, scheme plagued by hurdles since 1st round launch in October 2024. Corporate affairs ministry makes changes in round two to make scheme more viable.

Pilot project of PM’s internship scheme offers 1.25 lakh jobs in 2024-25; target 1 cr in next 5 yrs

The Ministry of Corporate Affairs said these internships will be at India’s top 500 companies, based on their corporate social responsibility expenditure over the last 3 years.

NCLAT upholds govt takeover of Delhi Gymkhana Club, but sets March 2025 deadline for reforms

NCLAT says club’s affairs were formerly being conducted in manner prejudicial to public interest, but adds govt-appointed committee can't supersede the club management indefinitely.

Ministry of Corporate Affairs orders inspection into Byju’s account books, reports Bloomberg

Troubles have been mounting for the edtech company, with the company falling behind in payments to a national pension fund.

Corporate Affairs Ministry reviews Adani Group financial statements, says report

Gautam Adani-led group is battling a stock market rout which was triggered by the Hindenburg report on 24 January and this week scrapped a $2.5 billion share sale.

‘Fake address, intent to defraud’: Why India is cracking down on firms with Chinese directors

Registrar of Companies has lodged 39 FIRs in Mumbai alone against companies with foreign directors or shareholders. Officials are tight-lipped but complaints show common patterns.

Carlsberg’s Indian unit under investigation following allegations of potential fraud

Carlsberg’s partner Khetan Group in 2019 had alleged that the Indian unit was offering illegal trade discounts and was engaged in fraudulent practices for sales promotion.

More wine & cigarettes, less sport — why Delhi Gymkhana Club was ‘taken over’ by govt

NCLT dissolved Delhi Gymkhana Club’s general committee last year on various allegations made by govt. NCLAT has upheld that verdict, and govt has appointed an administrator.

Delhi Gymkhana moves NCLAT, says clubs have absolute freedom to govern themselves

At NCLAT, Delhi Gymkhana Club challenges 26 June order passed by NCLT, which had directed the government to appoint two members on the club's general committee.

‘Disgruntled’ members trying to destabilise us: Delhi Gymkhana club on govt plea to take over

The club sought the dismissal of the Ministry of Corporate Affairs’ plea to take over the club before the National Company Law Tribunal, which reserved its order.

On Camera

India’s solar ambition needs financial vision – ISA must move from commitments to execution

The ISA should champion a Global Solar Asset Registry for standardised project information, and establish a Solar Credit Guarantee mechanism to mitigate political and currency risks.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

3 top ULFA-I leaders ‘killed’ in Myanmar, Indian Army denies role as insurgent group alleges involvement

The banned group claimed their leaders & cadres were killed in ‘drone strikes’ by the Indian Army. Guwahati Defence PRO denies any such operation.

RSS chief Bhagwat draws the line at 75. India’s politics stares at the Modi Exception

BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.