News for 'Company Law Board'

BJP Faces West Bengal Investment Test

BJP Faces West Bengal Investment Test

Rediff.com6 days ago

West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Rediff.com1 days ago

Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

Rediff.com30 Aug 2026

The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Rediff.com19 Aug 2026

The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.

16-yr-old gang-raped in moving sleeper bus in Greater Noida

16-yr-old gang-raped in moving sleeper bus in Greater Noida

Rediff.com31 Aug 2026

A 16-year-old girl was allegedly gang-raped by a bus driver and conductor in Greater Noida after she mistakenly boarded their vehicle, and was later abandoned over 40 km away in Kashmere Gate, Delhi. The two accused have been arrested, and the incident has drawn comparisons to the 2012 Nirbhaya case.

Odisha govt lens on Vedanta plant over excess water usage

Odisha govt lens on Vedanta plant over excess water usage

Rediff.com28 Aug 2026

Vedanta Ltd's aluminium plant in Jharsuguda, Odisha, is under regulatory scrutiny by the state's Water Resources department regarding its water sources and drawal history. This follows a complaint alleging unauthorised groundwater extraction and previous financial demands for illegal water use, with the National Green Tribunal also seeking responses on environmental concerns.

Tata Sons AGM: Will Chandra's Term Be Renewed?

Tata Sons AGM: Will Chandra's Term Be Renewed?

Rediff.com6 Aug 2026

Just in case the AGM, scheduled At the AGM, if it is held, a shareholders' vote on Chandra's renewal as a director on the Tata Sons board is unlikely but not ruled out.

Delhi bus in which minor was gang-raped had 8 challans

Delhi bus in which minor was gang-raped had 8 challans

Rediff.com1 Sep 2026

Delhi Police are actively investigating the alleged gang-rape of a 16-year-old girl on a sleeper bus, mapping the vehicle's route using CCTV footage and mobile data, and uncovering multiple challans issued against the bus for violations, including operating without a permit. Forensic evidence is being processed, and the incident has drawn comparisons to the Nirbhaya case.

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com27 Aug 2026

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

Government Penalises Companies for CSR Violations

Government Penalises Companies for CSR Violations

Rediff.com17 Mar 2026

The Indian government has imposed penalties totalling nearly 20 crore on various companies for non-compliance with Corporate Social Responsibility (CSR) norms over the past three financial years, as revealed in the Rajya Sabha.

Life After Leak: When Your Data Gets Stolen

Life After Leak: When Your Data Gets Stolen

Rediff.com18 Aug 2026

A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.

'If The Economy Is Growing At 6.5-7%, Why Don't Wages Increase?'

'If The Economy Is Growing At 6.5-7%, Why Don't Wages Increase?'

Rediff.com4 Sep 2026

'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'

How Tata Steel Tackled Challenges Under Chandra

How Tata Steel Tackled Challenges Under Chandra

Rediff.com13 Aug 2026

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.

Law Board boss in net for graft

Law Board boss in net for graft

Rediff.com25 Nov 2009

Acting chief Vasudevan caught taking Rs 7 lakh.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com9 May 2026

A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

National Herald case: HC gives Sonia, Rahul 3 weeks to reply on ED plea

National Herald case: HC gives Sonia, Rahul 3 weeks to reply on ED plea

Rediff.com27 Jul 2026

The Delhi high court on Monday granted three weeks to Congress leaders Sonia Gandhi, Rahul Gandhi and others to respond to a plea by the Enforcement Directorate challenging a trial court order that refused to take cognisance of its chargesheet against them in the National Herald-linked money laundering case.

Govt hurries to fill vacancies in Law Board

Govt hurries to fill vacancies in Law Board

Rediff.com26 Nov 2009

This is in the backdrop of the arrest of R Vasudevan, the seniormost CLB member, on November 24. This has left the board with just two members to hear the pending cases that run into thousands.

Reliance Infra seeks review of surveillance framework linked to IBC

Reliance Infra seeks review of surveillance framework linked to IBC

Rediff.com8 Jun 2026

Reliance Infrastructure (Reliance Infra) has submitted a representation to Sebi, NSE, and BSE, seeking a review of the Additional Surveillance Measure (ASM) framework and related trading restrictions on its shares, arguing they adversely impact its 700,000+ public shareholders and hinder fair price discovery.

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

Rediff.com5 May 2026

The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.

Police use lathi charge, tear gas to break up CJP's march; several injured, detained

Police use lathi charge, tear gas to break up CJP's march; several injured, detained

Rediff.com20 Jul 2026

Police forces from several adjoining districts were requisitioned to man key junctions, sensitive locations and government buildings in the Lutyens' area ahead of the march.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

Kerala Minister Alleges Conspiracy Behind ED Office Attack

Kerala Minister Alleges Conspiracy Behind ED Office Attack

Rediff.com28 May 2026

Kerala Home Minister Ramesh Chennithala has alleged that the violent attack on Enforcement Directorate (ED) officials' vehicles was a conspiracy by the CPI(M) to disrupt law and order. The ED raids were linked to financial dealings between former CM Pinarayi Vijayan's daughter's firm and a sand mining company.

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Rediff.com27 May 2026

Kerala Home Minister Ramesh Chennithala has condemned the violent attack on Enforcement Directorate (ED) officials' vehicles, alleging a CPI(M) conspiracy to disrupt law and order. He asserted that those involved will face stringent legal action, regardless of their status.

New Company Law could clash with Sebi

New Company Law could clash with Sebi

Rediff.com25 Jun 2007

The new Company Law could mandate that the strength of independent directors on boards of companies should be 33 per cent, pitting the government against the Securities and Exchange Board of India.

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Rediff.com18 May 2026

'Leadership is about understanding how a business works, how it is shaped, built, and expanded.'

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Rediff.com30 Apr 2026

Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Rediff.com29 Apr 2026

Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.

Why Taiwan Is At The Heart Of US-China Rivalry

Why Taiwan Is At The Heart Of US-China Rivalry

Rediff.com29 Jun 2026

For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.

Kerala Police Arrest Four After ED Officials Attacked

Kerala Police Arrest Four After ED Officials Attacked

Rediff.com27 May 2026

Kerala police have arrested four individuals in connection with the violent attack on vehicles carrying Enforcement Directorate (ED) officials who raided former Kerala CM Pinarayi Vijayan's rented house. The arrests followed a stand-off with CPI(M) party workers and leaders.

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of a money laundering probe linked to the CMRL case involving his daughter, Veena Vijayan.

4 Finance Careers That Really Pay Well

4 Finance Careers That Really Pay Well

Rediff.com28 May 2026

In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

Rediff.com28 May 2026

CPI(M) workers clashed with security personnel outside former Chief Minister Pinarayi Vijayan's residence in Kerala during Enforcement Directorate (ED) searches related to the alleged CMRL monthly payment case involving his daughter.

Why Modi Wouldn't Bother Targeting CPI(M), Explained

Why Modi Wouldn't Bother Targeting CPI(M), Explained

Rediff.com27 May 2026

BJP leader V Muraleedharan dismisses claims that Prime Minister Narendra Modi would strike a deal with the Congress to target the CPI(M), stating Modi has 'better things to do'. He also questioned Kerala CM Pinarayi Vijayan's concern over ED raids if he has done nothing wrong.

Why ED Raided Pinarayi Vijayan's Residence

Why ED Raided Pinarayi Vijayan's Residence

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of its money laundering probe linked to the CMRL case involving his daughter.

AI-171 crash: 'Saw captain's body in sitting position, gripping controls'

AI-171 crash: 'Saw captain's body in sitting position, gripping controls'

Rediff.com20 May 2026

A man who lost family members in the 2023 Air India AI-171 crash has made claims about the pilot's position in the mortuary, prompting calls for an independent investigation.

CPI(M) Condemns ED Raids On Kerala CM As Political Attack

CPI(M) Condemns ED Raids On Kerala CM As Political Attack

Rediff.com27 May 2026

CPI(M) leaders have strongly criticised the ED raids on former Kerala CM Pinarayi Vijayan and others, alleging political motivation and a conspiracy by the BJP and Congress. They claim the raids are an attempt to intimidate the party and its leaders, and have vowed to fight back against what they see as a politically fabricated case.

Women's Group Demands Inquiry Into Cricketer Vaping Incident

Women's Group Demands Inquiry Into Cricketer Vaping Incident

Rediff.com30 Apr 2026

A women's group has demanded an inquiry into visuals purportedly showing cricketer Riyan Parag using a vape-like device during an IPL match, questioning whether the incident was an attempt to normalise banned products.

TCS rejects conversion, misconduct complaints at Nashik facility

TCS rejects conversion, misconduct complaints at Nashik facility

Rediff.com17 Apr 2026

TCS has denied receiving any complaints of religious conversion or sexual misconduct at its Nashik unit through its internal channels, amid a police probe into the allegations. The company has announced an oversight panel and engaged external entities in its internal investigation.

Julian Metherell Appointed As MCC President

Julian Metherell Appointed As MCC President

Rediff.com7 May 2026

Julian Metherell, Chairman of The Hundred franchise London Spirit, will succeed Ed Smith as the President of Marylebone Cricket Club (MCC) from October. Metherell, a long-time MCC member, was nominated by Smith and will serve a three-year term. The MCC, founded in 1787, owns Lord's Cricket Ground and governs the laws of cricket.