News for 'Company Law Board and High Court'

HC tells CM Kejriwal that Najeeb Jung is the boss in Delhi

HC tells CM Kejriwal that Najeeb Jung is the boss in Delhi

Rediff.com4 Aug 2016

The bench said the AAP contention that the LG is bound to act on the aid and advice of Council of Ministers was "without substance and cannot be accepted".

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Rediff.com12 Apr 2018

Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels.

Subhash Ghai's Whistling Woods to down shutters?

Subhash Ghai's Whistling Woods to down shutters?

Rediff.com15 Jan 2014

In the next few weeks, the Bombay High Court will hear the institute's petition to review its 2011 directive to vacate the land it occupies in Film City.

Sebi toughens norms for managing liquid MFs

Sebi toughens norms for managing liquid MFs

Rediff.com3 Mar 2019

To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.

70,000 cops turn Ayodhya into fortress

70,000 cops turn Ayodhya into fortress

Rediff.com24 Nov 2018

Drone cameras will monitor the crowds in real time.

India needs a gaming regulator. It can save lives

India needs a gaming regulator. It can save lives

Rediff.com16 Oct 2017

'If a gaming regulator is able to save even a single player's life or is able to just enforce the existing laws of the land, it works,' says cyber policy expert Prashant Mali.

Mehul Choksi: 'I want to clear my name'

Mehul Choksi: 'I want to clear my name'

Rediff.com20 Jan 2022

'I was shocked by the kidnapping episode. I could have lost my life.'

Lahore HC restrains Pak from arresting Saeed ahead of UN team visit

Lahore HC restrains Pak from arresting Saeed ahead of UN team visit

Rediff.com24 Jan 2018

The UN team to visit Islamabad for an assessment of Pakistan's compliance with the world body's sanctions regime.

NPAs: How Sebi's default disclosure is a game changer

NPAs: How Sebi's default disclosure is a game changer

Rediff.com21 Sep 2017

'If anybody defaults on something which is due for today, they have to disclose it tomorrow.' 'The accumulation of NPAs is due to asymmetry in information.' 'The investor should have real-time information.'

Service tax dept to auction Vijay Mallya's planes: CBEC

Service tax dept to auction Vijay Mallya's planes: CBEC

Rediff.com3 Apr 2016

Total disputed liability of Mallya with respect to service tax to the tune of Rs 535 cr

Modi govt cuts wings of tax officials

Modi govt cuts wings of tax officials

Rediff.com28 Jan 2015

Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.

India's most ambitious airport city project in a limbo

India's most ambitious airport city project in a limbo

Rediff.com18 Feb 2015

The project is awaiting clearances from the DGCA.

Haryana govt twists norms to favour DLF in Gurgaon land auction

Haryana govt twists norms to favour DLF in Gurgaon land auction

Rediff.com20 Oct 2014

DLF has long been embroiled in a controversy over a deal that brought windfall profits to Robert Vadra, son-in-law of United Progressive Alliance Chairperson Sonia Gandhi.

A bank without the buck, a bill without teeth

A bank without the buck, a bill without teeth

Rediff.com17 Jan 2018

India borrows ideas that we don't need, like the FRDI Bill, and ignores the ones we need, like rewarding whistleblowers such as the ones who want to save Bombay Mercantile Bank, says Debashis Basu.

Did NDA govt help Vedanta's Tuticorin factory?

Did NDA govt help Vedanta's Tuticorin factory?

Rediff.com25 May 2018

The environment ministry till May 2014 (still under UPA) ordered that cases like Vedanta's expansion plans need to consult people. But in December 2014, the NDA government reversed this position and in March 2015 the environment ministry extended Vedanta's environmental clearance till December 2018. This it did even while the question of the need for public hearing by projects in different kinds of industrial parks was being contested in the courts. This allowed the company to carry out construction.

Infy seeks Sebi help over Bansal's Rs 17.38 cr severance pay

Infy seeks Sebi help over Bansal's Rs 17.38 cr severance pay

Rediff.com7 Dec 2017

Analysts say IT major cleaning up act before new CEO takes over; regulator might take a year

Hazards of investing in ponzi schemes

Hazards of investing in ponzi schemes

Rediff.com1 Jul 2019

The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.

'Mistry brought biggest turnaround in Indian corporate history'

'Mistry brought biggest turnaround in Indian corporate history'

Rediff.com7 Nov 2016

Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.

Subrata Roy's saviour firm had capital of Rs 1 lakh, director in a chawl

Subrata Roy's saviour firm had capital of Rs 1 lakh, director in a chawl

Rediff.com26 Mar 2015

'A law firm checked credentials of Karan Ajit Judge and Nouam'

How to spot a Ponzi scheme and avoid it

How to spot a Ponzi scheme and avoid it

Rediff.com6 Aug 2018

Ponzi schemes have characteristics that the informed investor can spot easily.

Cabs on apps to race to $1.7-bn mark this year

Cabs on apps to race to $1.7-bn mark this year

Rediff.com4 Jul 2016

With Uber & Ola fighting it out, the taxi aggregator space is set for massive growth.

Who determines the price -- market or regulator?

Who determines the price -- market or regulator?

Rediff.com6 Jul 2015

Moving from pricing control to a free market means stiff competition.

Deepak Kochhar, the man in the muddle

Deepak Kochhar, the man in the muddle

Rediff.com10 Apr 2018

How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.

Satyam fine is a wake-up call for independent directors

Satyam fine is a wake-up call for independent directors

Rediff.com10 Dec 2014

Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.

Sebi tightens M&A rules for unlisted firms

Sebi tightens M&A rules for unlisted firms

Rediff.com16 Jan 2017

Market regulator also announces measures for mutual funds sector.

Paradise Papers: Over 700 Indians named in leaked tax haven list

Paradise Papers: Over 700 Indians named in leaked tax haven list

Rediff.com6 Nov 2017

The leaked list contains the name of Union minister Jayant Sinha, who responded by saying that the transactions were not done for any 'personal purpose'.

What is wrong in this man being a governor?

What is wrong in this man being a governor?

Rediff.com6 Nov 2014

'Judging by the conduct of two governors of Kerala and one governor from Kerala, Congressmen treated Raj Bhavan as a transition point before taking a flight back into active politics.'

Diageo gets down to cleaning up USL

Diageo gets down to cleaning up USL

Rediff.com10 Jan 2014

Diageo, the world's largest distiller, has been focusing on compliance at United Spirits Ltd (USL) after its acquisition of a controlling stake in India's largest spirits maker.

Srinivasan barred from contesting BCCI elections; SC says conflict of interest

Srinivasan barred from contesting BCCI elections; SC says conflict of interest

Rediff.com22 Jan 2015

Narayanswami Srinivasan suffered a major setback on Thursday as the Supreme Court barred him from contesting any election of the Board of Control for Cricket in India on grounds of conflict of interest.

Kanimozhi, A Raja, 15 others acquitted in 2G scam

Kanimozhi, A Raja, 15 others acquitted in 2G scam

Rediff.com22 Dec 2017

The court said a 'scam was created when there was none'.

SC upholds Aadhaar, says it's not needed for cellphones, banks

SC upholds Aadhaar, says it's not needed for cellphones, banks

Rediff.com27 Sep 2018

The apex court's five-judge Constitution bench headed by Chief Justice Dipak Misra said Aadhaar is meant to help benefits reach the marginalised sections of the society and takes into account the dignity of people not only from personal but also from community point of view.

How to fix India's banking problems

How to fix India's banking problems

Rediff.com4 Jul 2019

Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.

Patanjali's maze of firms that do shady land dealing in Haryana

Patanjali's maze of firms that do shady land dealing in Haryana

Rediff.com21 Jun 2019

Restricted by state government orders, the ownership of such land could not be formally registered, so the advances made continued to be reflected in the accounts as 'advances against land'.

'We have a humongous problem with Pahlaj Nihalani but if he goes, who will come in?'

'We have a humongous problem with Pahlaj Nihalani but if he goes, who will come in?'

Rediff.com15 Jun 2016

'What is the guarantee that someone who comes in will not interpret the existing Cinematographer's Act and the law in the same way? The whole system needs an overhaul, and we, as an industry, should fight for it.' The Udta Punjab team reacts to the court verdict.

Sahara uses small savers to keep hill resort afloat

Sahara uses small savers to keep hill resort afloat

Rediff.com1 Feb 2016

Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project

From PNB scam to Patels's exit, events that shaped India's banking sector

From PNB scam to Patels's exit, events that shaped India's banking sector

Rediff.com26 Dec 2018

For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave

Pay your share! Rajan's quickfix formula to hook freeloaders

Pay your share! Rajan's quickfix formula to hook freeloaders

Rediff.com11 Jun 2015

RBI governor Raghuram Rajan says, laws must be tightened for freeloaders.

NDTV: Sebi begins action in ownership case

NDTV: Sebi begins action in ownership case

Rediff.com26 Dec 2016

The television channel is in hot water for not having made a public announcement in 2009 of a 'change of control' of the company.

Why banks are unwilling to support the sugar industry

Why banks are unwilling to support the sugar industry

Rediff.com14 Mar 2015

ugar mills in UP owe thousands of crores to cane farmers.

Last-minute changes in ITR 2 and 3 hits taxpayers

Last-minute changes in ITR 2 and 3 hits taxpayers

Rediff.com16 Jul 2019

Prasanna D Zore/Rediff.com reports on the chaos facing taxpayers with the income tax department making changes to ITR 2 and 3 forms just before tax-filing deadline.