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    Measures by MCA to address concerns and guide stakeholders for compliances on MCA21 Portal
    NPS Vatsalya: A Groundbreaking Pension Scheme for Minors
    Union Finance Minister Smt. Nirmala Sitharaman launches NPS Vatsalya in New Delhi
    Union Finance Minister Smt. Nirmala Sitharaman chairs 2nd meeting to review Capital Expenditure (Capex) for Ministry of Railways, in New Delhi
    Union Finance Minister Smt. Nirmala Sitharaman to launch NPS Vatsalya Scheme on September 18, 2024
    National Conference on Responsible Business Conduct by IICA concluded in New Delhi
    IICA concludes third batch of ESG Professional-Impact Leader Programme with BRSR Core Workshop
    Union Minister of State for Corporate Affairs Shri Harsh Malhotra and Justice (Retd.) Shri Dipak Misra, Former Chief Justice of India, inaugurate Nati...
    Union Finance Minister Smt. Nirmala Sitharaman chairs meeting to review the Capital Expenditure (Capex) for Ministry of Road, Transport and Highways a...
    Commerce and Industry Minister Piyush Goyal to attend 2nd India Singapore Ministerial Roundtable in Singapore
    Union Minister for Commerce and Industry, Shri Piyush Goyal addresses the 38th Regional Conference of the Western India Regional Council of ICAI
    IEPFA conducts Niveshak Sunwai in Ahmedabad
    Shri Amardeep Singh Bhatia takes charge as Secretary, Department for Promotion of Industry and Internal Trade
    Commission approves acquisition of shareholding in each of Invesco Asset Management (India) Private Limited and Invesco Trustee Private Limited by Ind...
    IICA in partnership with Directorate General Resettlement (DGR), Ministry of Defence holds First Certification Programme for preparing Senior Defence ...
    Dr. Ajay Bhushan Pandey chairs Roundtable Consultation with Leading Executive Search Firms at IICA
    CCI approves restructuring of existing business of Re Sustainability Limited, its subsidiaries, and joint ventures through demerger of municipal solid...
    CCI approves acquisition of 100% equity stake, management and control in 12 special purpose vehicles of PNC Infratech Limited and PNC Infra Holdings b...
    CCI approves proposed combination involving, inter alia, Amazon Asia-Pacific, Frontizo, Appario, Haverl and CRPL
    CCI approves acquisition by Manipal Health Systems Private Limited and MEMG Family Office LLP in Aakash Educational Services Limited
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September 25, 2024
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Online filings portal compliance strengthened: special grievance team to expedite stakeholder issues and provide guidance.
A system of regular review of stakeholder concerns on the MCA-21 Portal has been formalised, using emails, helpdesk tickets, chatbot and social media inputs. A special grievance team will prioritise urgent issues, recommend systemic solutions for recurrent problems, and provide guidance to companies and LLPs to facilitate statutory compliances via the online portal.
September 20, 2024
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Minor-focused pension scheme enables guardian-managed accounts with seamless transition to adult NPS and mandated KYC.
The scheme establishes guardian-operated accounts in the minor's name with required identity and address documentation and PAN/Form 60, accepted through registered PoPs or eNPS. It mandates a minimum opening and periodic contribution with no upper limit, permits selection among Default, Auto Choice lifecycle funds and an Active Choice with specified asset allocation caps, and provides automatic conversion to the NPS Tier-I All Citizen model when the minor reaches eighteen, requiring a fresh KYC within a short specified period after attaining majority.
September 19, 2024
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Pension eligibility for minors enables parental operation of accounts and conversion to standard pensions at majority.
The government launched a pension scheme for minors permitting accounts in a minor's name operated by a parent or guardian, with enrollment via authorised Points of Presence and an online platform. A minimum annual contribution is required and there is no maximum limit. Subscribers may choose among multiple investment allocations across government securities, corporate debt and equity. On reaching majority, accounts convert into the standard pension system account, supporting early saving, compounding benefits, and expanded pension coverage through coordinated outreach and literacy efforts.
September 18, 2024
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Capital expenditure review urges expedited railway capacity, safety and conversion of rolling stock to modern standards.
The Finance Minister directed prioritized capital expenditure to accelerate railway capacity augmentation, doubling and electrification, lay new lines as per Budget allocations, and convert 40,000 conventional bogies to Vande Bharat standards to improve safety and commuter convenience. The Ministry reported 434 projects identified under three Economic Railway Corridors totalling about 40,900 km with ongoing sanction and appraisal activity, and progress on phased implementation of the indigenous Automatic Train Protection system (Kavach), including recent operationalisation of Version 4.0 on a trunk section.
September 16, 2024
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Child pension scheme promotes early savings and PRAN enrolment, enabling online subscription and flexible parental contributions.
Launch of NPS Vatsalya creates a child-focused pension entry under the Pension Fund Regulatory and Development Authority, enabling enrolment of minors with issuance of Permanent Retirement Account Number (PRAN) cards via a new online subscription platform. The scheme permits parents to make flexible recurring contributions on behalf of children, offers investment options aimed at long-term wealth accumulation through compounding, and deploys simultaneous launch events across multiple locations to distribute PRAN membership to new minor subscribers.
September 9, 2024
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ESG integration urged as a strategic priority, calling for mandatory sustainable capital allocation and standardised reporting.
The conference advances ESG integration as a strategic and regulatory priority, urging mandatory capital allocation for sustainable projects and adoption of Sustainability Monetary Measurement Guidelines to operationalise ESG targets and KPIs. It calls for robust, standardised ESG reporting, independent assurance to build disclosure credibility, and strengthened ESG ratings to improve transparency and investor confidence, alongside capacity building in awareness, skills, and informed decision-making.
September 9, 2024
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ESG leadership advances corporate adoption of BRSR Core practices after IICA's professional impact leader programme and workshop.
IICA concluded its third cohort of the IICA Certified ESG Professional Impact Leader Programme with a workshop on the BRSR Core framework, combining expert sessions and participant presentations to build practical capacity for implementing BRSR Core principles. Graduates join the National Association of Impact Leaders (NAIL) to enable ongoing professional development and peer knowledge exchange, targeting sustainability officers, executives, CSR and ESG professionals, finance personnel, and policymakers to advance corporate adoption of BRSR Core-aligned practices.
September 5, 2024
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ESG principles urged as the guiding corporate philosophy to embed sustainability, transparency and fairness in business conduct.
The conference advanced ESG as the central framework for aligning corporate conduct with environmental, social and governance responsibilities, urging Indian businesses to adopt ethical and sustainable practices to support national development goals. The programme introduced practical tools-an ESG book and an online Business Responsibility and Sustainability Reporting (BRSR) data portal-to enhance transparency and benchmarking, and panels called for multi-stakeholder collaboration and sectoral adaptation of national guidelines, including a focus on a just transition balancing growth, equity and sustainability.
September 4, 2024
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Capital expenditure review urges accelerated implementation and strict quarterly targets to meet telecom and highways project goals.
A centralised review of Budgeted Capital Expenditure assessed Capex plans for the Ministry of Communication-covering BharatNet, 4G saturation, other mobile tower projects and indigenous 4G deployment-and for the Ministry of Road, Transport and Highways-covering national highway construction, upcoming award and construction targets, measures to attract private capital and asset recycling. The Finance Minister emphasised setting and meeting quarterly targets within stipulated timeframes and urged expedited implementation to recover earlier shortfalls.
August 27, 2024
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Bilateral trade and investment dialogue to expand India-Singapore strategic partnership and explore new commercial opportunities.
Senior Indian Ministers will participate in the 2nd India-Singapore Ministerial Roundtable to engage Singaporean counterparts and leading business investors, review the Strategic Partnership, and pursue measures to deepen bilateral trade and investment by facilitating commercial engagement, promoting investment opportunities in India's market, and identifying new cooperation avenues.
August 24, 2024
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Decriminalisation and compliance simplification urged: chartered accountants asked to advise and embrace modern technologies widely.
The minister urged chartered accountants to provide practical suggestions to simplify the IT Act and related laws, advocate decriminalisation of provisions, ease compliance burdens, and improve Ease of Doing Business, while mastering AI and other modern technologies to support regulatory reform and national economic objectives.
August 24, 2024
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Investor grievance redressal: IEPFA's Niveshak Sunwai improves claimant access and demystifies IEPF e Forms process through local outreach sessions.
The IEPFA held a Niveshak Sunwai meet in Ahmedabad to address claimant grievances and streamline processes related to IEPF e-Forms, providing on the spot facilitation via staffed desks, e Form walkthroughs, and direct interaction with IEPFA officials and nodal officers to aid claims for refunds of shares, unclaimed dividends, and matured deposits/debentures.
August 21, 2024
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Administrative appointment: Senior IAS officer assumes Secretary role, noting prior central and state leadership experience.
Assumption of charge documents the administrative appointment of Shri Amardeep Singh Bhatia, an Indian Administrative Service officer of the 1993 batch from the Nagaland cadre, to the post of Secretary in the central department responsible for promotion of industry and internal trade, noting his prior service as Additional Secretary in the Department of Commerce and extensive central and state administrative experience.
August 21, 2024
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Competition approval for acquisition of majority stake in Invesco Asset Management and Trustee by IndusInd International.
The Competition Commission of India approved the proposed combination in which IndusInd International Holdings Limited, through a wholly owned subsidiary IIHL AMC Holdings Limited, will acquire a majority shareholding in Invesco Asset Management (India) Private Limited and Invesco Trustee Private Limited; Invesco Trustee and Invesco AMC act as trustee and asset manager of Invesco Mutual Fund and hold requisite regulatory approvals, and a detailed CCI order will follow.
August 21, 2024
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Independent director certification expands defence officers' roles on corporate boards, enhancing corporate governance and board leadership.
A two-week certification programme by IICA and DGR prepares senior defence officers to serve as Independent Directors through orientation on the conceptual and regulatory framework of corporate governance, roles and responsibilities of independent directors, desired behavioural and professional traits, and comparative insights across public, military and corporate governance to enable effective board contribution.
August 8, 2024
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Board governance improvements through enhanced access to the Independent Director Databank and coordinated use of executive search firms.
Roundtable consultation convened by the Indian Institute of Corporate Affairs focused on strengthening board governance through coordinated engagement with executive search firms, highlighting the value and features of the Independent Director Databank, and exploring measures to increase search firm access, improve utilization of external consultants for board mandates, and inform future IICA initiatives to enhance corporate governance and board recruitment.
August 8, 2024
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Demerger of municipal solid waste and waste to energy businesses: new entity to mirror existing shareholding post restructuring.
The CCI approved Re Sustainability Limited's demerger of its municipal solid waste and waste to energy businesses into newly incorporated Ramky Sustainability Solutions Private Limited, with RSSPL's post transaction shareholding to mirror ReSL's existing shareholding between Metropolis and the Founding Group; the Founding Group will cede certain rights in ReSL's retained businesses and Metropolis will cede certain rights in the Demerged Businesses. MWML will amalgamate into ReSL and cease to exist, and RSSPL will house the Demerged Businesses.
August 8, 2024
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Merger control: Approval granted for acquisition of full equity and control in multiple SPVs by an infrastructure investment trust.
Approval records the acquisition by an irrevocable, SEBI registered Infrastructure Investment Trust of full equity, management and control in multiple project SPVs previously held by PNC Infratech entities, focusing on the transfer of ownership and control in concession holding entities operating roads under Hybrid Annuity Model and Build Operate Transfer frameworks.
July 25, 2024
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Merger control clearance for multi party proposed combination involving acquisitions and intragroup transfers in online retail services.
CCI approves a multi-transaction proposed combination involving acquisitions and intra-group transfers among Amazon Asia Pacific, Frontizo, Appario, Haverl, NTCPL, CEPL and CRPL. Key transactions comprise Amazon Asia Pacific acquiring 76% of Frontizo, Appario's business transferred as a going concern to CRPL, Haverl taking a minority stake in NTCPL, and intra group arrangements between CEPL, NTCPL and CRPL. The parties' activities-digital content distribution, customer support services, B2C retail and B2B wholesale sales, and business onboarding services-frame the competitive context; a detailed CCI order will follow.
July 25, 2024
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Competition approval: acquisition of a test-prep provider cleared, covering equity allotment and share-transfer rights and corporate structuring.
The Competition Commission of India approved an acquisition in Aakash Educational Services Limited whereby Manipal Health Systems Private Limited will receive an identified equity allotment and MEMG Family Office LLP will obtain rights to seek transfer of certain equity shares; the announcement notes related group relationships and business activities and states a detailed CCI order will follow.

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