Bombay Shaving Company crosses Rs 200 Cr revenue in FY24; cuts losses by 22%

MCA Registers Over 1.12 Lakh Companies in FY 2024-25 The Ministry of Corporate Affairs (MCA) has registered over 1.12 lakh companies during the financial year 2024-25. This marks a significant increase in new company registrations, reflecting positive business sentiment and growth in the corporate sector. The registration process was made more efficient through digital platforms and streamlined procedures. The MCA's efforts to promote ease of doing business, along with the availability of better infrastructure and access to resources, have contributed to this surge in registrations. The increase in company formations highlights the expanding entrepreneurial ecosystem in India and the government's focus on supporting business growth.