Medical oxygen sources have been mapped for 12 high-burden states and 50,000 MT of medical oxygen would be imported to deal with the increased demand.

As part of the deal, RSHPL will acquire a 60 per cent stake in Magma Fincorp, while the non-banking financial company's promoters Chamria and Poddar will acquire a 4.68 per cent shareholding

The Finance Ministry said that the central government has decided minimum threshold default of Rs 10 lakh for initiation of resolution process by MSME corporate debtor.

Despite the surge in cases, it said, the recovery in economy is resilient with sustained improvement in majority of high frequency indicators.

RBI should take cognisance of the situation and work together with sector representatives and government to eliminate the flaws and make the microfinance industry more vibrant

Earlier on March 24, the ministry had issued a notification making it mandatory for the companies to record audit trail of each and every financial transaction done on their accounting software.

As tech helps tax authorities check evasion and fraud, taxpayers complain of harassment and misuse of powers

The Ministry of Corporate Affairs (MCA) has made it mandatory for companies to disclose crypto trading/investments during the financial year. Experts see it as a positive step and expect the taxation rules to follow through

FM Sitharaman launches Central Scrutiny Centre to scrutinise user filingsMinister of Finance and Corporate Affairs Nirmala Sitharaman on Thursday virtually launched Central Scrutiny Centre (CSC), an initiative of Corporate Affairs Ministry, to scrutinise the filings by users under straight through processes. The finance minister also launched the mobile app of Investor Education and Protection Fund Authority (IEPFA). The two initiatives aim to strengthen Prime Minister Narendra Modi's vision ...

The industry is still unclear about the legal status of cryptocurrencies but believes this is a positive step for the digital assets space. The industry players believe this will increase institutional participations in the crypto space in the country

The two initiatives aim to strengthen Prime Minister Narendra Modi's vision of 'Digitally empowered India', the Ministry of Corporate Affairs (MCA) said.

Going forward, from April 1, every company that uses an accounting software for maintaining its books of accounts will have to mandatorily ensure creating an edit log of each change made along with the date when such changes were made.

Companies must also furnish details of application made or any proceeding under the Insolvency and Bankruptcy Code, 2016, as well as the details of difference between the amount of the valuation done at the time of one-time settlement and the valuation done while taking loan from financial institutions

The government is unlikely to extend the suspension further as a return to normalcy is needed, and Finance Minister Nirmala Sitharaman is considering a proposal for the same.

MEA internship: In order to be able to apply for this internship, a candidate needs to be an Indian citizen and should have a graduation degree from a recognised university

Gautam Adani-run Adani Enterprises Ltd (AEL) has won the rights to operate Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru airports for 50 years

Edelweiss Financial Services share fell 4.99% to Rs 76.15 against previous close of Rs 80.15 on BSE

Shares of Future Retail, Reliance Industries, Easy Trip Planners, auto stocks, Bharti Airtel, GAIL India, Edelweiss Financial Services, Adani Green Energy will be in focus in Friday's trading session

Stock Market News Update Today: NTPC was top gainers in BSE Sensex pack, followed by HUL, Power Grid Corporation of India, ITC, Reliance, Nestle India, among others

In this connection, CII has submitted a Paper to the Ministry of Corporate Affairs highlighting matters with respect to framework for settlement of offences; liability of independent directors; vicarious liability, etc