Page-2 of Ministry of Corporate Affairs Current Affairs, GK & News

Education sector received the maximum CSR funds from 2014-15 to 2017-18

The Union Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur in a written reply to Rajya Sabha on Tuesday, 10th December 2019 informed that the Educational sector has received the maximum Corporate social responsibility(CSR) spent during the financial years from 2014-15 to 2017-18. A grand total of Rs 15,742.33 crores have been ..

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IEPFA signs MoU with BOB for Investor Awareness

The Investor Education and Protection Fund Authority (IEPFA) and Bank of Baroda have signed a Memorandum of Understanding(MoU) for Investor Awareness at New Delhi on 4th December 2019. Investor Education and Protection Fund (IEPF) is for the protection of the interests of investors and for the promotion of investor’s awareness.IEPF was established by the Ministry ..

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President Kovind presents National Corporate Social Responsibility Awards

President Ram Nath Kovind presented the National Corporate Social Responsibility Awards (NCSRA) to selected companies in New Delhi. These awards are highest recognition given by Government of India in domain of CSR and are awarded to companies for their outstanding contribution in area of Corporate Social Responsibility (CSR). About National Corporate Social Responsibility Awards (NCRSA) ..

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Government relaxes norms for shares with differential voting rights

Union Ministry of Corporate Affairs (MCA) has amended provisions relating to issue of shares with Differential Voting Rights (DVRs) provisions under Companies Act. This move is aimed at enabling promoters of Indian companies to retain control of their companies in their pursuit for growth and creation of long-term value for shareholders, even as they raise ..

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Lead Agency for Investigations in Financial Sectors

The Ministry of Corporate Affairs has pitched for establishing a lead agency for investigations in financial sectors where multiple agencies have overlapping roles. Why the Ministry is pushing for a lead agency? Multiple agencies such as Central Bureau of Investigation (CBI), Enforcement Directorate (ED), Economic Offences Wing of state governments and Serious Fraud Investigation Office (SFIO) ..

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CEA Krishnamurthy Subramanian appointed part-time member in IBBI

Krishnamurthy Subramanian, Chief Economic Adviser (CEA) and B. Sriram, former managing director (MD) and chief executive officer (CEO) of Industrial Development Bank of India (IDBI Bank) were appointed part-time members of Insolvency and Bankruptcy Board of India (IBBI). K Subramanian, an Indian School of Business (ISB) Hyderabad professor was appointed chief economic adviser for a ..

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