Darwin Group has offered Rs 14,000-crore deal to the lenders for acquiring the grounded airline
The MCA notification lays down a deadline of August 31 for the fulfillment of the KYC requirements
DOIT is a 100 per cent subsidiary of Morgan Credits in which Rana Kapoor's daughters Radha, Roshini and Raakhe, are directors. In 2018-19, the company incurred a net loss of Rs 48.76 crore on revenues of Rs 59 crore - a sharp contrast to 2017-18 when it had profits of Rs 2.7 crore on revenues of Rs 43 crore. To fund these aggressive investments into its subsidiaries in 2018-19, DOIT used debt which doubled to Rs 600 crore in 2018-19 from the previous year.
Ministry has ordered a closer scrutiny into the affairs of six companies that were covered in the report.
Earnings primarily from dividends received from group firms and sale of shares.
Sources said that RoC Hyderabad submitted its report on Monday night to minister of corporate affairs Prem Chand Gupta and this report would be the basis for handing over the case to the Serious Fraud Investigation Office. The SFIO is already assisting the RoC in the probe, but is being formally handed over the investigations.
Three Indian companies registered with the Registrar of Companies use the same brand name.
Wal-Mart and other retailers lobbied for years to gain access to India's market, lured by the promise of a middle class that will one day rival China's.
The implementation of the NEP and four-year undergraduate programme were approved by the Standing Committee on Academic Matters and the Academic Council last week.
911 have been traced by the Securities and Exchange Board of India (Sebi), while the rest of the 402 are not traceable on the bourses
ED orders Chanda Kochhar to appear with asset lists also provide income-tax returns in her individual capacity and of companies if she was a director or held any position.
Actor Shahrukh Khan and his wife Gauri, who promote IPL franchise Kolkata Kinght Riders, and Jaipur IPL Cricket that promotes Rajasthan Royals have been issued show-cause notices for alleged violation of the Companies Act.
It started commercial operations as a full service carrier on January 9.
While the company did not reveal its profit or loss for the period, according to its fillings, food and beverages was the largest category - accounting for 62.23 per cent or Rs 5,184 crore of its total sales.
In comparison, Flipkart India, the marketplace unit of the country's largest e-commerce marketplace, posted a 750% growth in losses to Rs 20.6 billion.
About 1.92-lakh companies have not filed their balance sheet in India as on July 31 and out of this, 37,667 companies are from the country's financial capital - Mumbai.
The Supreme Court on Thursday warned the Sahara Group to reveal source of Rs 22,885 crore (Rs 228.85 billion) which it claimed to have refunded its investors or be ready to face inquiry by CBI and Registrar of Companies.
A non-executive director typically does not engage in the day-to-day management of the organisation
India's largest commodity bourse MCX is likely to launch its up to Rs 750 crore (Rs 7.5 billion) initial public offer (IPO) by month-end, becoming the first ever exchange in the country to get listed.
The notice was isued on a novelist's plea who accused the makers of the movie of plagiarising certain portions from his Hindi book Farishta.
Prime Minister Raja Pervez Ashraf faces possible disqualification in Pakistan's upcoming polls as a company co-owned by him has been declared a defaulter by authorities, according to a media report.
The company is also in the process of introducing a new global brand identity in London next month.
A crackdown on shell companies, increased regulatory compliance and failure of companies to avail bank credit, and defaulting on loans are some of the reasons cited by accounting professionals for the closure of such a large number of companies
Net 4 India has been appointed registrar for '.IN' domain names by the National Internet Exchange of India.
In March, the Registrar of Companies, Uttar Pradesh and Uttarakhand, based in Kanpur, sent a notice to Sahara India Real Estate Corp for using a third party's bank accounts to receive funds from investors.
To outsource work; priority on actively-traded, listed companies.
The Bombay high court has sanctioned the scheme of amalgamation of RPL with Reliance Industries, Mukesh Ambani-led company said in a filing to the Bombay Stock Exchange.
Chocolate majors in India posted healthy top-line growth in FY19. While Mondelez India Foods - the marketer of Cadbury - continued to lead the pack, Nestle India, which dominates the confectionery space with leading brands like Kitkat and Munch, continues to hold the third spot in revenue. However, two of these companies - Mars International India and Hershey India - still remain in the red.
While Coca-Cola India improved its profit margin during the year, arch rival PepsiCo's margin was far lower. Coca-Cola India, which does not manufacture or market any products, gets majority of its revenue from royalty incomes against ownership of formulations for key products. Over the years, PepsiCo's operating revenue has come down significantly, as it kept divesting bottling plants to its franchise partners.
Justice Rajiv Shakdher, who was hearing a plea by Bollywood producers seeking to restrain them from making irresponsible remarks, listed the matter before the Joint registrar for January 18 for completion of pleadings and admission/denial of documents.
26 chartered accountants associated with such shell companies have also been identified
Earlier during the day, the Andhra Pradesh chief minister Y S Rajasekhara Reddy told reporters in Delhi that a CB-CID enquiry will be ordered into this 'mind-boggling' fraud, immediately. According to official sources, the CB-CID would take up the investigation only when a Government Order is issued in this regard.
In an interim order, Justice C Hari Shankar also restrained Gokhale from posting scandalous tweets against Lakshmi Puri and her husband Union minister Hardeep Singh Puri during the pendency of the defamation suit.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
While Unilever has been aggressive, both organically and inorganically in the country, P&G's approach has been about achieving 'balanced growth' in terms of top line and bottom line.