News for 'Company Law Board'

Future looks bleak for Rana Kapoor-funded firms

Future looks bleak for Rana Kapoor-funded firms

Rediff.com14 May 2020

The collection of mostly small and medium sized businesses is a hotchpotch of ventures and include design schools, schools, villas for hire in Goa and a country club in Gurgaon.

First salary: 'I was paid Rs 10 per hour'

First salary: 'I was paid Rs 10 per hour'

Rediff.com26 Jul 2019

Rediff readers tell us what their first salary means to them.

New-look FRDI bill to offer higher deposit insurance

New-look FRDI bill to offer higher deposit insurance

Rediff.com17 Oct 2019

The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.

Naresh Goyal resigns; Jet to get Rs 1,500 crore funds

Naresh Goyal resigns; Jet to get Rs 1,500 crore funds

Rediff.com25 Mar 2019

SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.

The Man in the Middle of the Twitter Storm

The Man in the Middle of the Twitter Storm

Rediff.com10 Jul 2021

When the Delhi police served him a notice in May for a case involving tagging some political leaders' tweets as carrying manipulated media, a spirited Maheshwari said he was employed by Twitter Communications Private Limited, and not Twitter Inc, and, therefore, could not help them. The authorities were understandably not pleased.

SC adopts new roster system, CJI to hear all PILs

SC adopts new roster system, CJI to hear all PILs

Rediff.com21 Apr 2018

A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.

Even 10 years after Satyam, audit quality remains a concern

Even 10 years after Satyam, audit quality remains a concern

Rediff.com14 Jan 2019

Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask probing and searching questions.

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

Caf Coffee Day owner goes missing, massive search on

Caf Coffee Day owner goes missing, massive search on

Rediff.com30 Jul 2019

It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.

Draft rules for gig workers are 'complex, confusing and shoddy'

Draft rules for gig workers are 'complex, confusing and shoddy'

Rediff.com17 Nov 2020

Experts say, these leave many matters to the discretionary powers of bureaucrats, rather than providing them explicitly in the rules.

Indian crew aboard Iranian oil tanker released in Gibraltar

Indian crew aboard Iranian oil tanker released in Gibraltar

Rediff.com15 Aug 2019

A spokesman for Gibraltar's government also confirmed that police proceedings against four members of the crew had ended.

Legal quirks: When control overtakes ownership

Legal quirks: When control overtakes ownership

Rediff.com25 Jun 2013

Non-uniform definition of control makes foreign investors wary, raise corporate governance issues.

Should Sebi be given such 'draconian' powers?

Should Sebi be given such 'draconian' powers?

Rediff.com10 Aug 2018

Interception of electronic communication should also be covered in the powers being sought, the report said.

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

From flashy diamantaire to fugitive: Nirav Modi's long road to extradition

From flashy diamantaire to fugitive: Nirav Modi's long road to extradition

Rediff.com25 Feb 2021

The diamond merchant wanted in India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank scam case, lost his legal battle against extradition as a UK judge ruled that he does have a case to answer before the Indian courts.

How DHFL diverted Rs 12,700 crore to shadowy firms

How DHFL diverted Rs 12,700 crore to shadowy firms

Rediff.com30 Jan 2020

The ED, which is probing the DHFL promoters' role in financing funds to gangster Iqbal Memon (alias Iqbal Mirchi), said Kapil Wadhawan, former chairman and managing director of the debt-laden company, played a very crucial role in these "nefarious transactions" by way of money laundering.

SpiceJet may bring Ajay Singh's wife Shivani as woman director

SpiceJet may bring Ajay Singh's wife Shivani as woman director

Rediff.com12 Apr 2015

Move aims to comply with Sebi's norm

Infosys says it has nothing to hide on severance pay to former CFO Rajiv Bansal

Infosys says it has nothing to hide on severance pay to former CFO Rajiv Bansal

Rediff.com21 Oct 2016

Rajiv Bansal's severance payment was Rs 17.38 crore

Sebi's plan to sell select assets of Mallya falls flat

Sebi's plan to sell select assets of Mallya falls flat

Rediff.com29 Nov 2017

The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.

Ansuya Dutt had rare courage

Ansuya Dutt had rare courage

Rediff.com16 Mar 2021

Ansuya Dutt, who never stopped fighting for women's rights, can be an inspiration to us never to lose sight of our basic beliefs, never mind peer pressure.

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'.

How ex Sebi chief Damodaran changed the way firms function

How ex Sebi chief Damodaran changed the way firms function

Rediff.com28 Jul 2015

NEDICT has also got in touch with companies, which will be limited to the role of 'donors'.

'Demonetisation was a massive, draconian, monetary shock'

'Demonetisation was a massive, draconian, monetary shock'

Rediff.com30 Nov 2018

The decision to do away with Rs 500 and Rs 1,000 notes accelerated the slowdown in economic activity with growth averaging 6.8 per cent in the seven quarters after it, as against an average of 8 per cent in the six quarters preceding it, says former chief economic advisor Arvind Subramanian.

Gold deposit schemes of big jewellers come under Sebi scanner

Gold deposit schemes of big jewellers come under Sebi scanner

Rediff.com18 Oct 2016

Regulator probing jewellery houses for violation of collective investment scheme rules, says Shrimi Choudhary.

2G case: HC upholds appointment of SPP, ASG for CBI appeal against acquittal of accused

2G case: HC upholds appointment of SPP, ASG for CBI appeal against acquittal of accused

Rediff.com24 Nov 2020

The high court's order came on a plea by acquitted individual and Kusegaon Fruits and Vegetables Pvt Ltd director Asif Balwa that the CBI has not placed on record the mandatory authority under the provisions of the CrPC.

As major ports get autonomy, minister says no privatisation

As major ports get autonomy, minister says no privatisation

Rediff.com10 Feb 2021

The Major Ports Authority Bill, 2020 was passed through ballot votes in the Rajya Sabha on Wednesday with 84 votes in its favour and 44 against it. The Lok Sabha had passed the bill on September 23 last year.

Sebi agrees to ease delisting rules

Sebi agrees to ease delisting rules

Rediff.com27 Nov 2013

It sets up internal panel to iron out issues companies face with delisting regulations.

Srikrishna finds Chanda guilty, ICICI Bank to revoke benefits

Srikrishna finds Chanda guilty, ICICI Bank to revoke benefits

Rediff.com30 Jan 2019

The report concluded that she failed to discharge her fiduciary functions to rescue herself to avoid any conflict of interest.

HAL: Non performance, nil accountability

HAL: Non performance, nil accountability

Rediff.com4 Feb 2019

facilities at Bangalore one understands the financial year end frenzy at these establishments and the slipshod slippages in timeframes, quality of overhaul, servicing and quality control across the board, for aircraft and equipment alike,' says Group Captain Murli Menon (retd).

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Rediff.com17 Jan 2019

The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.

LIC questions Cairn's $1.25-bn loan to parent

LIC questions Cairn's $1.25-bn loan to parent

Rediff.com4 Aug 2014

Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.

What's driving the large pay-outs of Indian CEOs?

What's driving the large pay-outs of Indian CEOs?

Rediff.com21 Sep 2018

Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses

American test awaits Tata & Co

American test awaits Tata & Co

Rediff.com8 Nov 2016

Every move that strengthens Cyrus Mistry's position in companies like Indian Hotels could prolong the uncertainty.

Between BJP and 2nd term in Uttarakhand stands Covid

Between BJP and 2nd term in Uttarakhand stands Covid

Rediff.com19 Jun 2021

As the virus ravaged rural areas, the state BJP figured out it was impossible to underplay or escape its impact on its political plans.

How govt can boost infra funding in India

How govt can boost infra funding in India

Rediff.com4 Apr 2021

For development finance institution to succeed now, the government must stand like a rock behind it and be patient.

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.

All about Sasikala Inc!

All about Sasikala Inc!

Rediff.com14 Dec 2016

A look at the financials of some of the key companies in the Sasikala clan's business empire.

Fascinating story of how Tata Steel sealed the Bhushan deal

Fascinating story of how Tata Steel sealed the Bhushan deal

Rediff.com2 Jun 2018

The Insolvency and Bankruptcy Code (IBC) got a leg-up with Tata Steel's acquisition of Bhushan Steel, the first big case to be resolved. Tata Steel CEO & MD T V Narendran tells Ishita Ayan Dutt how this deal moved so quickly while others are still mired in controversies.

DLF says reviewing $8.4 million SEBI penalty

DLF says reviewing $8.4 million SEBI penalty

Rediff.com27 Feb 2015

DLF Ltd on Friday said it was reviewing an order from the country's market regulator that fined the company and its top management $8.4 million.

BPCL may switch to GDR issue

BPCL may switch to GDR issue

Rediff.com3 Jun 2003