The Ministry of Corporate Affairs on Wednesday clarified that proceedings initiated against edtech player Byju’s under the companies law are “still ongoing” and a final conclusion cannot be drawn in the matter at this stage. Byju’s, once a celebrated edtech startup, soared to great heights before encountering several challenges. (Reuters) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} This …
New Delhi: The corporate affairs ministry on Wednesday slapped fines on Microsoft-owned LinkedIn India, Satya Nadella, and eight other individuals for violation of the significant beneficial owner norms under the companies law. Nadella is the chief of Microsoft, which acquired the professional networking platform LinkedIn in December 2016. In a 63-page order, the Registrar of …
With the upcoming ICC Men’s Cricket World Cup in India, this year holds great importance for sports-related advertising. However, the gaming industry is facing uncertainty due to the potential imposition of retrospective tax and the impact it may have on the budgets of gaming companies. According to filings with the corporate affairs ministry, the top …