News for 'Company Law Board'

Multi-agency group to probe Indian names in 'Pandora Papers'

Multi-agency group to probe Indian names in 'Pandora Papers'

Rediff.com4 Oct 2021

The government will investigate every Indian name appearing in an unprecedented leak of financial records, known as the 'Pandora Papers', which alleged that many world leaders have secret offshore stores of wealth.

From soccer to F1, Russia stands to lose after invasion of Ukraine

From soccer to F1, Russia stands to lose after invasion of Ukraine

Rediff.com25 Feb 2022

Russia's invasion of Ukraine was condemned by the sporting community on Thursday, with President Vladimir Putin's country losing hosting rights for the UEFA Champions League final while Formula One drivers said it was "wrong" to race there this year.

RCom's cup of woes spills over

RCom's cup of woes spills over

Rediff.com28 Nov 2017

China Development Bank takes Reliance Communications to NCLT over loan default

Why the insolvency process will get longer and more litigious

Why the insolvency process will get longer and more litigious

Rediff.com1 Aug 2017

Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.

Sebi eases norms for raising funds during pandemic

Sebi eases norms for raising funds during pandemic

Rediff.com25 Jun 2020

The watchdog would provide an additional option to the existing pricing methodology for preferential issuances.

Hollywood mogul sacked after sexual harassment claims

Hollywood mogul sacked after sexual harassment claims

Rediff.com9 Oct 2017

Weinstein apparently argued that the scandal would blow over but the nine-member board, whose three members had resigned following the allegations, disagreed.

Sebi extends deadline to apply for 147 senior level posts

Sebi extends deadline to apply for 147 senior level posts

Rediff.com3 Aug 2020

The revised date for phase I and phase II examination for the recruitment of officers in Grade A will be informed in due course.

How Sasikala took control of Jaya TV from jail

How Sasikala took control of Jaya TV from jail

Rediff.com19 Dec 2016

Did Jayalalithaa, who was also in jail then, know about these transactions?

Centre mulls an Ordinance as income-tax litigation mounts

Centre mulls an Ordinance as income-tax litigation mounts

Rediff.com28 Jul 2021

The government is exploring legal options, including bringing an Ordinance, to tackle the problem of income-tax litigation on reassessment notices under old, time-barred norms, according to official sources. This has come in the wake of writ petitions filed by companies and individuals in recent weeks to challenge the validity of the notices issued by the tax department between April 1 and June 30 and under the old norms.

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Rediff.com23 Jun 2018

The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.

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.

Amid row, Facebook says it is transparent and non-partisan

Amid row, Facebook says it is transparent and non-partisan

Rediff.com22 Aug 2020

'We take allegations of bias incredibly seriously, and want to make it clear that we denounce hate and bigotry in any form'

Why banks are uncomfortable with bankruptcy code

Why banks are uncomfortable with bankruptcy code

Rediff.com4 Oct 2017

Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues

Why FPIs are staying away from defence IPOs

Why FPIs are staying away from defence IPOs

Rediff.com28 Mar 2018

Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms

Why Narayana Murthy wasn't reclassified as public investor

Why Narayana Murthy wasn't reclassified as public investor

Rediff.com23 Feb 2017

Retention of Murthy within the promoter group was crucial for Infosys as the company believed the promoters' relationship would help the company in difficult times.

Zensar pay to Goenka under proxy firm scanner

Zensar pay to Goenka under proxy firm scanner

Rediff.com12 Jul 2015

Goenka has not even attended the last three annual general meetings of the company, yet he drew around half of the managing director's pay

Indian govt submits more proof against Nirav Modi

Indian govt submits more proof against Nirav Modi

Rediff.com13 May 2020

District Judge Samuel Goozee expressed his concern at the late submission of the documents, said to include largely bank statements relating to the diamond merchant's companies, but has agreed to consider the application for their submission.

Jayesh Sanghrajka is interim CFO of Infosys

Jayesh Sanghrajka is interim CFO of Infosys

Rediff.com15 Nov 2018

Sanghrajka has spent 13 years in Infosys over two stints and has performed various leadership roles in the finance section.

Jet lenders mull open auction process

Jet lenders mull open auction process

Rediff.com24 Mar 2019

Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.

Unravelling what awaits us in 2022

Unravelling what awaits us in 2022

Rediff.com13 Jan 2022

As the industrial era wanes, the network era looms, notes Ajit Balakrishnan.

Swraj Paul's mantra to fight corruption in India

Swraj Paul's mantra to fight corruption in India

Rediff.com3 Oct 2013

In a society where corruption is endemic and you want to get something done then it is all too tempting to offer a bribe, Swraj Paul said.

SRK's son among 8 arrested by NCB during cruise raid, sent to custody

SRK's son among 8 arrested by NCB during cruise raid, sent to custody

Rediff.com4 Oct 2021

Besides Aryan Khan, the arrested accused are identified as Munmun Dhamecha, Arbaaz Merchant, Ismeet Singh, Mohak Jaswal, Gomit Chopra, Nupur Sarika, and Vikrant Chhokar.

WhatsApp leaks force Sebi to scale up war on insider trading

WhatsApp leaks force Sebi to scale up war on insider trading

Rediff.com7 Apr 2018

Strengthening of rules governing insider trading is among the key proposals in the agenda set by Sebi for 2018-19, along with making improvement to the Prohibition of Insider Trading Regulations (PIT) and Prohibition of Fraudulent and Unfair Trade Practices regulations.

CSR non-compliance: Breather for Corporate India

CSR non-compliance: Breather for Corporate India

Rediff.com14 Aug 2019

A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.

The E-Comm Debate In India

The E-Comm Debate In India

Rediff.com19 Oct 2021

Ajit Balakrishnan offers a thinking man's guide to the state of ecom in a nation of shopkeepers.

TMC asks police to take action against CBI officials

TMC asks police to take action against CBI officials

Rediff.com17 May 2021

The Trinamool Congress on Monday wrote to Kolkata Police Commissioner Soumen Mitra seeking 'necessary action' under the law against the Central Bureau of Investigaton officials who arrested three senior party leaders 'illegally'.

Flight review

Flight review

Rediff.com2 Apr 2021

Besides Mohit Chadda and a potentially great concept, Flight has barely anything that is worthy of a watch, feels Prateek Sur.

Pegasus issue: Cong seeks Amit Shah sacking, probe against PM

Pegasus issue: Cong seeks Amit Shah sacking, probe against PM

Rediff.com19 Jul 2021

The Congress on Monday demanded an independent probe into the issue involving alleged phone tapping of prominent personalities including journalists in India using Israeli Pegasus spyware.

Deepak Kochhar's NuPower in fresh controversy

Deepak Kochhar's NuPower in fresh controversy

Rediff.com27 Apr 2018

Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower

NSE Mess: 'Chitra was wrong'

NSE Mess: 'Chitra was wrong'

Rediff.com2 Mar 2022

'She violated NSE procedures and rules, corporate governance norms; Chitra acted maybe within her capacity as MD and CEO, but not in the right spirit.'

Infosys chief compliance officer quits

Infosys chief compliance officer quits

Rediff.com19 Apr 2014

Company appoints Parvatheesam K as compliance officer.

Malaysia's IHH Healthcare wins bid for Fortis, plans to invest Rs 4000 cr

Malaysia's IHH Healthcare wins bid for Fortis, plans to invest Rs 4000 cr

Rediff.com13 Jul 2018

In a statement, Fortis said under the accepted offer, IHH would infuse Rs 4,000 crore through subscription to the preferential allotment at a price of Rs 170 per share. The Malaysian firm will then make a mandatory open offer to public shareholders for 26 per cent of the outstanding shares post issuance.

Amazon urges Sebi to suspend review of Future-RIL deal

Amazon urges Sebi to suspend review of Future-RIL deal

Rediff.com15 Jan 2021

Amazon has asked Sebi to suspend its review of the Rs 24,713 crore Future-Reliance deal and not grant a no objection certification on the ground that its challenge to the agreement was before the Delhi high court. E-commerce major Amazon has written to Sebi again, this time apprising it about the admission of its appeal before the division of the Delhi high court and urged the market regulator to suspend the review of the Future-Reliance Industries Ltd (RIL) deal. This is the eighth letter by Amazon to the Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi since late October. Amazon has been opposing Future group's pact with billionaire Mukesh Ambani's RIL that was signed in August last year.

Meet the unseen forces behind farmers' protest

Meet the unseen forces behind farmers' protest

Rediff.com23 Jan 2021

Behind the movement are shock-workers functioning quietly to ensure that a seemingly spontaneous, apolitical, grassroots mobilisation sustains itself without dribbling into chaos or violence. Sai Manish lists some of them.

Infy gets co-chairman, sets aside Rs 13K cr for share buyback

Infy gets co-chairman, sets aside Rs 13K cr for share buyback

Rediff.com13 Apr 2017

The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.

Investors force Uber CEO Kalanick out

Investors force Uber CEO Kalanick out

Rediff.com21 Jun 2017

Kalanick, in a statement, said he has "accepted a group of investors' request to step aside so that Uber can go back to building rather than be distracted with another fight".

Shivinder vs Malvinder: Mother helps avoid legal battle for now

Shivinder vs Malvinder: Mother helps avoid legal battle for now

Rediff.com14 Sep 2018

Sources said she had stopped eating for the past few days and had constantly been making calls and sending emails to the two brothers.

Court removes Harsh Vardhan Lodha from MP Birla group cos

Court removes Harsh Vardhan Lodha from MP Birla group cos

Rediff.com19 Sep 2020

The court's directions mean that Lodha immediately ceases to hold all positions in the M P Birla group, including as director in the firms and other positions in the trusts and societies of the M P Birla group, a statement from the Birlas read.

Differences surface over Kochhar's re-appointment at ICICI Securities

Differences surface over Kochhar's re-appointment at ICICI Securities

Rediff.com24 Aug 2018

Institutional Investor Advisory Services had recommended investors to vote 'against' the proposal, while Stakeholders Empowerment Services asked investors to vote 'for' the proposal.

Ayodhya on edge; elaborate security across country

Ayodhya on edge; elaborate security across country

Rediff.com8 Nov 2019

Authorities said social media posts will be monitored to ensure that no attempt is made to vitiate the atmosphere.