NEDICT has also got in touch with companies, which will be limited to the role of 'donors'.
Whistle-blowers allege the brothers violated court orders by selling assets like art and real estate worth crores bought by funds from their companies.
Building a global brand was Choksi's idea, which Modi borrowed from him.
BSE-200 companies's list shows that 96 companies had woman directors.
U K Sinha's six-year tenure as chairman of Securities and Exchange Board of India ends later this week. Sinha held his last press conference in Mumbai on Monday, where he spoke on wide-ranging issues and his biggest regret.
It sets up internal panel to iron out issues companies face with delisting regulations.
Few top honchos of India Inc did very well in 2014.
The Indian regulator played key role in uncovering the identity of two Indian men who floated the scheme
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
Employees allege breach of transfer policy, accuses HR of non-transparency; protests to resume on October 22
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
With more firms now offering stock options to their chief executives, the salaries of these managers are sky-rocketing.
The new norms also seek to ensure that sufficient safeguards are put in place to avoid any misuse of its new powers and the required privacy of individuals is granted while conducting search and seizure operations.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Uber says it is engaging with state govt to explain why its business model encourages savings for customers.
One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.
Prices moved up sharply in recent months.
New listing on the BSE will create more jobs, say experts.
Consolidation is happening because of a prolonged slowdown in residential sales which has also brought down the business of brokerages.
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.
The sale is to generate the bail money for the release of Sahara Group chief Subrata Roy.
Finance ministry asks bank, insurance & market regulators to issue notifications
Sebi has been probing Prayag Group for allegedly running unauthorised collective investment scheme and for defaulting in repayments to various small investors.
'Whether it is the One Belt One Road project or building relationships in the Indian Ocean Region -- supposedly our area of concern -- the Chinese are seriously outpacing us,' points out Vice-Admiral Premvir Das (retd).
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
However, the Indian capital markets regulator rejected the claim saying it neither received any such request, nor provided any such information to the concerned department in Antigua.
The revival in Mumbai's property market could help the group.
For the June quarter, sales for DLF were down 25 per cent at Rs 1,725 crore (Rs 17.25 billion) over the same quarter a year earlier.
A glance back at some of the important ups and down Indian Inc faced in 2018.
This could be the first instance when a consumer goods company would move court against NAA. The confrontation began after the government cut tax rates on over 175 items like toothpaste, shampoo, shaving cream and washing powder to 18 per cent from 28 per cent.
Spanish bank denies credit line to bail Sahara boss.
Private sector firms need to be re-engaged for better infra planning.
The Union finance ministry has called for applications to the coveted post of chairman of the Securities and Exchange Board of India (Sebi).
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
The drive against insider trading comes after SEBI last year received enhanced investigation powers from parliament, including the ability to monitor call records.
The recent default on deposit payments by a couple of Yash Birla Group companies has brought to surface difficulties an investor has to face in recovering his money.
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
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