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Thursday, August 14, 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

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

Hit by mortar shell, but still fighting—BSF heroes of Op Sindoor honoured with gallantry medals

President of India has honoured 16 BSF personnel with gallantry medals for show of exemplary courage in the 87-hour ‘war’ between India and Pakistan that followed the launch of Op Sindoor.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.