News for 'Company Law Board'

Compulsory annual health checks proposed for workers

Compulsory annual health checks proposed for workers

Rediff.com4 Apr 2018

This will help employers keep a track of the diseases workers could suffer from while doing their jobs.

IPO filings with Sebi lowest in 6 years

IPO filings with Sebi lowest in 6 years

Rediff.com17 Jun 2020

Market experts said disruptions caused by the pandemic - to businesses as well as the filing process - and the sharp decline in valuations were the reasons behind fewer new companies wanting to tap the capital markets.

Why PSBs put Rs 1-trn bad loans on sale

Why PSBs put Rs 1-trn bad loans on sale

Rediff.com24 Jan 2019

Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.

Future Retail moves SC to avert defaulter tag

Future Retail moves SC to avert defaulter tag

Rediff.com25 Jan 2022

Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.

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.

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

'We know whom Modi is batting for'

'We know whom Modi is batting for'

Rediff.com19 Jan 2021

'We will resist it.' 'Farmers will not let that happen.'

The Girl Who Flew Across The World

The Girl Who Flew Across The World

Rediff.com18 Aug 2022

'I've always wanted to be a pilot; setting records is the icing on the cake.'

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.

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?

'My film wears patriotism on its sleeve'

'My film wears patriotism on its sleeve'

Rediff.com25 Nov 2021

'Who decides what is jingoistic?' 'What is patriotic?' 'Who decides Lagaan is patriotic and Gadar is jingoistic?'

'Ghar' Is Such A Lovely Word

'Ghar' Is Such A Lovely Word

Rediff.com7 Oct 2022

A group of retired army officers have come together to provide a home for girls who never had a home before.

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.'

Business Families and their UGLY succession battles

Business Families and their UGLY succession battles

Rediff.com31 Dec 2021

The world is full of family businesses that withered away with the passing of generations, creating much bitterness and ill will. Entire clans that used to be household names have become pale shadows of their once-mighty empires.

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.

I-T returns filing deadline extended to Sep 30

I-T returns filing deadline extended to Sep 30

Rediff.com20 May 2021

The government on Thursday extended the due date of filing income tax returns for 2020-21 for individuals by two months till September 30. The Central Board of Direct Taxes (CBDT) has also extended the ITR filing deadline for companies by a month till November 30. As per the income tax law, for individuals whose accounts are not required to be audited and who usually file their income tax return using ITR-1 or ITR-4 forms the deadline to file ITR is July 31. The deadline for taxpayers, like companies or firms, whose accounts are required to be audited is October 31.

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.

Rocket Boys: Our heroes have come back in flesh and blood

Rocket Boys: Our heroes have come back in flesh and blood

Rediff.com8 Feb 2022

Rocket Boys offer an overwhelming experience to me and many others who saw Homi Bhabha in action at Trombay, observes Dr K S Parthasarathy, former Secretary, Atomic Energy Regulatory Board.

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.

Time To Overhaul Nomination Provisions

Time To Overhaul Nomination Provisions

Rediff.com6 Dec 2021

While reasonable safeguards should be built in, there can't be restrictions on the individual's right to leave her/his money to whoever s/he wants, notes Harsh Roongta.

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.

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.

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

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

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.

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.

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

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.

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.

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'

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.

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.

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.

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

Infosys chief compliance officer quits

Infosys chief compliance officer quits

Rediff.com19 Apr 2014

Company appoints Parvatheesam K as compliance officer.

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.

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.

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.