Veena Mani

All stories by Veena Mani

Ayushman frauds pile up: How govt plans to tackle the menace

Ayushman frauds pile up: How govt plans to tackle the menace

Rediff.com11 Jul 2019

Government officials have lodged FIRs and slapped fines to the tune of Rs 1 crore on hospitals involved in frauds.

IL&FS fiasco: Sebi questions Deloitte

IL&FS fiasco: Sebi questions Deloitte

Rediff.com14 Jan 2019

Deloitte says it has no role to play in the downfall of IL&FS as it resigned as auditors of the company in March 2017.

Modicare covers basics, but complex healthcare mostly outside ambit

Modicare covers basics, but complex healthcare mostly outside ambit

Rediff.com4 Dec 2018

Among the most widely used packages have been treatment of cataract, dental root canal and normal delivery of babies.

Panel says Big 4 auditing firms are not 'multinationals'

Panel says Big 4 auditing firms are not 'multinationals'

Rediff.com12 Nov 2018

'These firms do not contravene provisions of Chartered Accountants Act, 1949, which bar members of the countries not allowing Indians to practice accountancy in their jurisdiction to become chartered accountants in India,' said the committee, headed by Anurag Agarwal, a joint secretary in the ministry of corporate affairs, and such Indian audit firms cannot be equated with multi-national corporations.

MCA likely to cap fees of independent directors

MCA likely to cap fees of independent directors

Rediff.com7 Nov 2018

The ministry said some urgent amendments are not there in the ordinance but are required for strengthening the corporate governance

Govt plans to bring another 100,000 firms out of their shells

Govt plans to bring another 100,000 firms out of their shells

Rediff.com17 Sep 2018

In the second phase of action against shell companies, the MCA is also trying to trace the directors of 'vanishing' companies

Beware, your office may be classified as a shell firm!

Beware, your office may be classified as a shell firm!

Rediff.com31 Aug 2018

The government has already struck off 226,000 companies from the register for not filing statutory returns

8 special courts likely to hear insolvency cases

8 special courts likely to hear insolvency cases

Rediff.com13 Aug 2018

These courts will be set up in Mumbai, Delhi, Chennai, Kolkata, and Hyderabad

The strange case of 'shell companies' and their directors

The strange case of 'shell companies' and their directors

Rediff.com16 Jul 2018

Apart from shell companies, 'vanishing' companies are also on the ministry's radar. As many as 400 companies are not traceable, despite being listed on the bourses.

1,300 listed firms did not file annual results

1,300 listed firms did not file annual results

Rediff.com2 Jul 2018

911 have been traced by the Securities and Exchange Board of India (Sebi), while the rest of the 402 are not traceable on the bourses

Unlisted firms may have to demat shares by September

Unlisted firms may have to demat shares by September

Rediff.com15 Jun 2018

When shares in the electronic form are available with the depositories, it acts as primary evidence for those who hold the shares.

Now AI will be used to weed out shell firms

Now AI will be used to weed out shell firms

Rediff.com27 Apr 2018

Thousands of unlisted companies registered with RoCs will soon go under watch on lines similar to the oversight by the Securities and Exchange Board of India of listed companies.

'Fortis has not been doing well in the last 12-18 months'

'Fortis has not been doing well in the last 12-18 months'

Rediff.com29 Mar 2018

Bhavdeep Singh, the CEO of Fortis Healthcare said that they haven't been able to focus on the business due to an internal issue, especially with regard to the promoters

Testing for Modicare to start by July

Testing for Modicare to start by July

Rediff.com23 Mar 2018

By April, operational guidelines for the scheme will be finalised and shared with states

IBC amendment: Why it's important to get the language right

IBC amendment: Why it's important to get the language right

Rediff.com19 Mar 2018

While the basic premise and spirit of the Code will remain the same, the commas and the full-stops in the draft report being prepared by a high-level committee will make interpretation of the law simpler

No CAs in Centre's new regulatory body for accounting professionals

No CAs in Centre's new regulatory body for accounting professionals

Rediff.com8 Mar 2018

The rules are being framed to maintain absolute transparency and fair play in investigations.

CAs' body asks govt help in accessing PNB fraud data

CAs' body asks govt help in accessing PNB fraud data

Rediff.com1 Mar 2018

ICAI intends to investigate the chartered accountants of PNB but the bank allegedly refuses to give the information sought.

Darwin vs Satyapal: Who's right?

Darwin vs Satyapal: Who's right?

Rediff.com10 Feb 2018

'What would be questioned next?' 'Will the Copernicus theory of the sun being the centre of the universe, or Newton's theory of gravity?' asks Veena Mani.

Competition Commission slaps Rs 1.35 bn fine on Google

Competition Commission slaps Rs 1.35 bn fine on Google

Rediff.com9 Feb 2018

The order was passed with dissent by two members, and four members feeling that there had been abuse of the search engine's dominant position.

Surge pricing: Ola, Uber to come under CCI lens

Surge pricing: Ola, Uber to come under CCI lens

Rediff.com5 Jan 2018

A surge in taxi fares earlier led Maharashtra govt to set up committee to recommend prices for these players

IBC may be tweaked to give relief to stressed asset buyers

IBC may be tweaked to give relief to stressed asset buyers

Rediff.com7 Dec 2017

This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks.

These firms transacted crores of rupees but have no PAN!

These firms transacted crores of rupees but have no PAN!

Rediff.com16 Nov 2017

Ministry of Corporate Affairs is now likely to examine whether all active companies have PAN or not

309,000 'shell' company directors disqualified

309,000 'shell' company directors disqualified

Rediff.com6 Nov 2017

Their bank accounts have been frozen. State governments have been told to restrict sales and transfers of real estate assets these companies own.
Veena Mani reports.

Soumya Swaminathan: Just what the doctor ordered

Soumya Swaminathan: Just what the doctor ordered

Rediff.com14 Oct 2017

Her appointment as World Health Organisation's deputy director offers an opportunity to push for improving the medical research environment in India.

Insolvency rules tweaked, help is at hand for home buyers

Insolvency rules tweaked, help is at hand for home buyers

Rediff.com10 Oct 2017

With the amendment, firms like EY and Deloitte can work as resolution professionals instead of only their partners enrolling as insolvency professionals.

Coming soon: The crack down on shell companies

Coming soon: The crack down on shell companies

Rediff.com25 Sep 2017

Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.

Over 100,000 shell firm directors disqualified for five years

Over 100,000 shell firm directors disqualified for five years

Rediff.com13 Sep 2017

26 chartered accountants associated with such shell companies have also been identified

Proprietary firms to come under bankruptcy code

Proprietary firms to come under bankruptcy code

Rediff.com5 Jul 2017

Once the bankruptcy provisions are notified, these proprietary firms will benefit, as Insolvency and Bankruptcy Board plans to consider them as individuals

New fund raising norm for start-ups

New fund raising norm for start-ups

Rediff.com22 Jun 2017

Deposit amount can equal investor's stake, won't impact his holding as it is a loan

People's medicine scheme is a non-performer

People's medicine scheme is a non-performer

Rediff.com17 May 2017

The Pradhan Mantri Jan Aushadhi Yojana or PMJAY has not been a runaway success by any yardstick. Not all stores are running, and many are poorly stocked.

US pat for stent price cut

US pat for stent price cut

Rediff.com8 May 2017

NPPA's decision would also benefit domestic stent makers.

Insolvency professionals seek more protection

Insolvency professionals seek more protection

Rediff.com10 Mar 2017

They play a key role in managing rescue and liquidation processes envisaged under the Code

NPPA heat on hospitals for failing to provide stent details

NPPA heat on hospitals for failing to provide stent details

Rediff.com7 Mar 2017

The regulator is now probing 24 hospitals, including Max Hospital in New Delhi and Lilavati in Mumbai, for allegedly overcharging patients for stents

Ballooning condom prices bring in regulator, 2 tiers likely

Ballooning condom prices bring in regulator, 2 tiers likely

Rediff.com2 Mar 2017

The National Pharmaceutical Pricing Authority has decided to have one price for basic utility condoms and the other for pleasure condoms.

Cap on stent prices brings Chinese maker to India

Cap on stent prices brings Chinese maker to India

Rediff.com28 Feb 2017

MicroPort entered the market on Feb 15 and its stent was used in a Mumbai hospital.

Online pharmacy plans to reach all small towns

Online pharmacy plans to reach all small towns

Rediff.com13 Feb 2017

Netmed plans to procure from drug manufacturers and sell to pharmacies it has tie-ups with, and to spread its network to all tier-II and tier-III cities.

Government crackdown on misuse of antibiotics

Government crackdown on misuse of antibiotics

Rediff.com25 Jan 2017

Sale of antibiotics is under the scanner. Government to go tough on misuse of these drugs.

Mallya group company files for insolvency

Mallya group company files for insolvency

Rediff.com19 Jan 2017

First case filed after new norms come into force, NCLT admits plea.

Govt to set up 4000 dialysis centres across India, will be free for poor

Govt to set up 4000 dialysis centres across India, will be free for poor

Rediff.com15 Nov 2016

4,000 dialysis units to be set up across India, government working on providing free basic healthcare to BPL families.