Page 3 - Ruchika Chitravanshi/workspace/business Standard Web/video

Leading steelmakers colluded to fix prices, finds antitrust probe

CCI has sought financial statements to calculate penalties

Exempt vessel sharing agreements from competition law: ShipMin to MCA

The exemption under Section 3 lapsed in 2021; the ministry's October 2024 draft proposed a three-year dispensation with conditions on Indian-flag vessels and space for Indian NVOCCs

CCI directs 2 Ludhiana firms to cease, desist from anticompetitive conduct

The Commission found that the quotation of identical prices, timing of submission of financial/commercial bids and similar prior conduct support the conclusion of concerted action

Centre pushes to merge, rationalise schemes to improve efficiency

54 centrally sponsored and 260 central-sector schemes may be reappraised for next financial year

MCA eases KYC compliance for directors, shifts filing to once in 3 years

MCA has relaxed KYC norms for company directors, cutting the filing frequency to once every three years while mandating updates within 30 days of any change in personal details

PM Internship Scheme third pilot likely this month with programme tweaks

The third pilot of Prime Minister Internship Scheme is expected to launch from mid-January, with changes such as shorter durations in some sectors after a fall in acceptance rates in earlier rounds

Centre's fiscal deficit at 62.3% of FY26 BE in April-November; capex up 28%

CGA data showed the Centre's fiscal deficit rose to Rs 9.77 trillion, or 62.3 per cent of FY26 Budget estimates, in April-November as capex surged and net tax revenue slipped

Pre-Budget meeting: Reforms to stay on top of agenda, signals PM Modi

Ahead of the Budget, Prime Minister Narendra Modi told economists that policymaking must stay aligned with India's 2047 vision, calling for mission-mode reforms and long-term growth focus

MCA extends annual filings deadline to January 31, 2026, waives late fee

The MCA has extended the annual filing deadline by a month to January 31, 2026, with no additional fee, after professionals flagged persistent glitches on the V3 portal

Fixing the fine print: What the IBC amendment is really trying to change

Focused on enforcement over fresh ideas, the IBC amendment Bill seeks to cut delays, curb conflicts of interest and bring greater certainty to insolvency resolutions

New labour codes: ICAI clarifies gratuity, leave accounting rules

Companies must recognise higher gratuity and leave liabilities under new labour codes as expenses in interim financial results for the period ending December 31, 2025

ICSI flags glitches, timeouts on MCA 3.0 portal as filing deadline nears

ICSI has flagged slowdowns, timeouts and outages on the MCA 21 version 3 portal; government sources say some issues stem from awareness gaps as fixes continue

'Abuse' of market dominance: CCI seeks info from aviation major IndiGo

Competition Commission has sought details from IndiGo after a consumer complaint alleged exploitative pricing following flight disruptions; CCI may examine Section 4 issues

Job transition with AI will not be as dramatic as feared: Susan Athey

Susan Athey talks about the impact of artificial intelligence (AI) on the workforce and the economy and how interoperability is important for competition in the digital space

Corporate ministry seeks Cabinet approval for 50 more NCLT courts

The Supreme Court, in one of its judgments, had said that a shortfall of members and the lack of requisite strength has led to tribunals only sitting for a few days of the week or a few hours in a day

CCI to investigate IndiGo over recent flight disruptions across routes

IndiGo had grounded thousands of flights across the country after being unprepared for stricter safety norms, which came into effect in November

CCI to probe IndiGo on complaint from informant over flight disruptions

The CCI first conducts a preliminary inquiry based on the information received, and then, based on the findings, it directs the Director General's office to start a formal investigation

Need clear timelines for NCLAT to dispose of appeals: Panel on IBC Bill

A parliamentary select committee has flagged the absence of timelines for the NCLAT in the IBC Amendment Bill, 2025, and proposed a three-month statutory deadline to curb appellate delays

CCI recovered 46% of ₹2,888 cr penalty in last 3 years: Annual report

The total number of combinations, or mergers, approved or disposed of in FY25 went up to 138 from 101 in the previous year

PMIS: Internship offer acceptances fall 12.4% in second pilot round

The Prime Minister Internship Scheme (PMIS) aims to provide internship opportunities to one crore youth in the top 500 companies in five years