Under the proposed framework, such entities could be mandated to submit quarterly filings of financial statements with the MCA, among others, said the person, who did not wish to be identified. The proposal gained traction after the alleged corporate governance lapses at edtech firm Byju’s this year. The person said once the Company Law Committee under MCA secretary Manoj Govil takes a final call on such a regulatory framework, it could classify large unlisted companies based on factors such as their revenue and turnover. “A final decision on this issue will be taken by the committee soon,” he said.
Stay the course, no need for tactical portfolio shift: Vikas Khemani
Vikas Khemani from Carnelian Asset Management suggests a portfolio focused on India’s long-term potential. Banking, financial services, and manufacturing are key sectors. Consumption, both discretionary
June 13, 2025