Uday Kotak has announced to step down as the Chairman of the board of the Infrastructure Leasing & Financial Services (IL&FS), after his term ends on April 2, 2022. According to Kotak, around Rs 55,000 crore of debt has been resolved, which represents nearly 90% of the ...

The Ministry of Corporate Affairs has clarified that excess Corporate Social Responsibility (CSR) expenditure prior to FY21 cannot be set off against future CSR expenditure requirements and that corporate donations to government schemes cannot be counted as CSR. Daily Current Affairs Quiz 2021 ...

The government of India recently launched the first phase of the Ministry of Corporate Affairs' (MCA) MCA21 Version 3.0 (V3.0) comprising of a revamped website, new email services for MCA Officers and two new modules, namely, e. Book and e. Consultation. Daily Current Affairs Quiz 2021 The ...

Ministry of Corporate Affairs (MCA) released the ‘Report of the Committee on Business Responsibility Reporting (BRR)’. It recommended a new reporting framework called as the ‘Business Responsibility and Sustainability Report (BRSR)’ to better reflect the intent and scope of reporting on ...