Ministry of Corporate Affairs

The Centre questioned the Delhi Gymkhana Club's shift from sports to social gatherings, accusing it of becoming a "madhushaala" (bar) instead of a "vyayamshaala" (gymnasium). This criticism emerged during a probe into financial irregularities and governance failures, as the government sought to reclaim the club's prime land for national security and public purpose.

NISM and IICA have signed an MoU to bolster corporate governance, ESG frameworks, and India's capital markets. This collaboration will focus on capacity building, research, and training to foster a more transparent financial ecosystem, including specialized programs for Sebi officials and MSME access to capital.

CPI-M workers were arrested for allegedly attacking ED officials during protests outside former Kerala CM Pinarayi Vijayan's residence. The ED conducted searches in connection with the CMRL case, which Vijayan and Arvind Kejriwal criticized as a "targeted attack" and misuse of central agencies.

Members of the Delhi Gymkhana Club are preparing to challenge a government order to vacate their Lutyens' Delhi property. The club, established in 1913, received a notice to hand over the 27.3-acre land by June 5. This move by the Centre cites the need for defence-related infrastructure in a sensitive zone.

Violence erupted outside former Kerala CM Pinarayi Vijayan's residence as ED officials concluded searches related to financial transactions between CMRL and his daughter's firm. CPM workers allegedly attacked ED vehicles, injuring a driver. The ED found investment and FD details during searches at Vijayan's daughter's residence. Vijayan denounced the ED action as a targeted crackdown.

Yes, colonial era clubs are a privilege overdue for an eviction. But then what? Do the honours simply pass on to a new elite? What citizens must ask of any reform is, now do we get to sit on the lawns?

The Centre has ordered the historic Delhi Gymkhana Club to vacate its 27.3-acre Lutyens' Delhi premises by June 5, citing urgent need for defence infrastructure and public security. This move, stemming from governance disputes and alleged mismanagement, has shocked members and sparked debate over elite colonial clubs on prime government land.

After more than a century on 27.3 acres of prime Safdarjung Road land, Delhi Gymkhana Club faces a June 5, 2026 eviction deadline as the Centre moves to reclaim the property for defence, governance and public-security needs.

The ministry of corporate affairs has launched the Prime Minister Internship Scheme (PMIS) 2026, offering paid internships for youth aged 18-25 in top Indian companies. The program provides practical work experience for 6-9 months, with selected candidates receiving a ₹9,000 monthly stipend and a ₹6,000 grant. Applications are open on a rolling basis via the official PMIS portal.

Prime Minister Modi and South Korean President Lee Jae Myung held high-level talks in Delhi, aiming to transform their trusted partnership into a futuristic one. The leaders witnessed the exchange of MoUs, covering cooperation in sectors from chips to ships, talent to technology, and energy.

A Chepauk-Triplicane resident has petitioned the Madras High Court, urging an income tax and corporate affairs probe into alleged asset discrepancies by Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin. The plea highlights a significant difference in assets declared for the 2021 and upcoming 2026 elections, including a missing ₹7.36 crore investment in Red Giant Movies.

The Enforcement Directorate seized crores in cash and valuables from a Delhi real estate firm accused of cheating homebuyers. Searches at multiple locations revealed a massive alleged fund diversion, even as the company was under insolvency proceedings. The firm collected over Rs 2,000 crore from thousands of buyers, with projects left incomplete and funds reportedly siphoned off.

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Scammers are increasingly sophisticated, impersonating legitimate companies to solicit payments. Before engaging, verify a company's legal existence and active status using the ministry of corporate affairs (MCA) master data search. This crucial first step helps protect against fraud by confirming registration and current standing.

CBI has arrested an official from the office of the regional director of the ministry of corporate affairs on charges of graft.

New Delhi, Jun 30 () The government will soon put in place restrictions on the number of subsidiaries a corporate can have under the companies law, as it steps up the fight against illicit fund flows.