Press Esc to close
Sunday 11 December 2016
News updated at 7:17 PM IST
Weather
Max: 28°C
Min : 15.4°C
In Bengaluru
Partially cloudy

Centre to harness technology for investor education

Kolkata, pti: March 23, 2013
The Corporate Affairs Ministry has decided to harness technology to reach target audience for its investor awareness programmes, Union Minister Sachin Pilot said on Saturday.

The ministry is already in talks with Google for a package to touch investors. Along with it, communication through SMS is also planned at least for BSNL subscribers.

“We are trying for more interface and harnessing technology for financial inclusion,” Corporate Affairs Minister Sachin Pilot told an investor awareness programme by the Institute of Company Secretaries on Saturday.

He said not much has been done with Investor Education Fund except printing pamphlets.
Pilot said, “We are talking to Google so that when a search is given on finance some sort of advice can be prompted on investment.

“These tie-ups will help in bridging the knowledge gap regarding investment instruments and regulations,” he said.

Pilot said companies which are raising money not good in the eyes of law took advantage of gaps between the multiple regulators in the country.

Pilot was, however, optimistic that the new Companies Bill 2012 will be able to curb illegal and fraudulent money raised by several institutions or chit funds. He expressed the hope that the bill will be passed by the Rajya Sabha in the Budget session.

He said the Serious Fraud Investigation Office has tied up with the Union IT ministry and developed an early warning system for detection of corporate and financial irregularities and frauds.

 

Go to Top

Photo Gallery
President Pranab Mukherjee with Nobel laureate Kailash Satyarthi at the launch...

President Pranab Mukherjee with Nobel laureate Kailash Satyarthi at the launch...

People commute during a foggy day in Gurugram on Sunday...

People commute during a foggy day in Gurugram on Sunday...

Navel cadets during ’Admirals Cup Regatta 2016’ at INA Ezhimala in Kannur...

Navel cadets during ’Admirals Cup Regatta 2016’ at INA Ezhimala in Kannur...

A woman makes clay Chulhas for devotees during preparations for the forthcoming Magh Mela...

A woman makes clay Chulhas for devotees during preparations for the forthcoming Magh Mela...

An eagle and a crow at a park in New Delhi...

An eagle and a crow at a park in New Delhi...

A view of snow-covered upper reaches of Peer Panchal Range as pictured from Poonch in Jammu...

A view of snow-covered upper reaches of Peer Panchal Range as pictured from Poonch in Jammu...

A view of illuminated shrine of Khwaja Moinuddin Chishti on the occasion of Eid-e- Milad-un-Nabi ...

A view of illuminated shrine of Khwaja Moinuddin Chishti on the occasion of Eid-e- Milad-un-Nabi ...

Bollywood actor Akshay Kumar during the launch of book Deedara Aka Dara Singh by author Seema...

Bollywood actor Akshay Kumar during the launch of book Deedara Aka Dara Singh by author Seema...

People stand in a queue to collect cash from United Bank of India mobile ATM outlet...

People stand in a queue to collect cash from United Bank of India mobile ATM outlet...

Indian sitar player and composer Anoushka Shankar performs at the live concert...

Indian sitar player and composer Anoushka Shankar performs at the live concert...

Like us on Facebook

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523