News for 'companies act 2013'

Aakash warns EY over conflict of interest in Byju's-AESL row

Aakash warns EY over conflict of interest in Byju's-AESL row

Rediff.com22 May 2025

Aakash Educational Services (AESL) has accused EY of conflict of interest and breach of professional conduct in its ongoing dispute involving Byju's. It has also asked EY to disclose all documents, information, or communication it was privy to, in relation to transactions involving AESL.

From Rs 600 To $300: Varun Chakravathy's Wild Journey

From Rs 600 To $300: Varun Chakravathy's Wild Journey

Rediff.com30 Jun 2025

'After I am done with cricket, my first goal is to direct a movie.'

Why You May Get An I-T Notice

Why You May Get An I-T Notice

Rediff.com17 Jun 2025

'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'

Quad's Mineral Mission: PM Eyes Latin American Deals

Quad's Mineral Mission: PM Eyes Latin American Deals

Rediff.com3 Jul 2025

Increasing cooperation in critical minerals will top Prime Minister Modi's agenda during his discussions with leaders of Ghana, Argentinia, Brazil and Namibia.

Teenagers Beware: Hidden Danger Behind 'Dusting'

Teenagers Beware: Hidden Danger Behind 'Dusting'

Rediff.com11 Jun 2025

'She didn't think she'd die. It was just a trend -- a video. But it took her away in seconds.'

'Kareena Is The Opposite Of Jab We Met's Geet'

'Kareena Is The Opposite Of Jab We Met's Geet'

Rediff.com16 Jul 2025

'A director's actor, if I had told her to jump from a building, she would probably have.' 'But I only told her to jump off a running train...'

The Kiss Girl Hema Malini Took Panga With

The Kiss Girl Hema Malini Took Panga With

Rediff.com11 Jun 2025

'Dharmendra was paying a little extra attention to me and she didn't like it.'

Went too far: Musk says he 'regrets' his posts about Trump

Went too far: Musk says he 'regrets' his posts about Trump

Rediff.com11 Jun 2025

Trump made it clear he had no plans to speak with Musk anytime soon, stating, "I'm too busy doing other things," and added, "I have no intention of speaking to him," NBC News reported.

Honeymoon murder: Cops recreate crime scene with killers; SIT in Indore

Honeymoon murder: Cops recreate crime scene with killers; SIT in Indore

Rediff.com17 Jun 2025

Raja was hacked to death on May 23 while honeymooning in the northeastern state. His wife Sonam, her alleged boyfriend Raj and three hitmen have been arrested in connection with the murder.

No More ITR-2 for LTCG Up To 1.25 Lakh

No More ITR-2 for LTCG Up To 1.25 Lakh

Rediff.com2 May 2025

Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.

Calling husband 'hijda' an act of mental cruelty, HC upholds divorce

Calling husband 'hijda' an act of mental cruelty, HC upholds divorce

Rediff.com23 Oct 2024

The division bench of justice Sudhir Singh and justice Jasjit Singh Bedi was hearing a woman's plea against the divorce granted in favour of her husband by a family court in July this year.

Startups face I-T department heat over funding through Singapore

Startups face I-T department heat over funding through Singapore

Rediff.com24 Apr 2025

The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.

HC relief for Baba Ramdev, Balakrishna in 'misleading' ad case

HC relief for Baba Ramdev, Balakrishna in 'misleading' ad case

Rediff.com4 Apr 2025

The Kerala High Court has stayed all proceedings in a lower court against Yoga guru Baba Ramdev, his associate Acharya Balakrishna and their company Divya Pharmacy in a "misleading" advertisement case. The court found merit in their claim that cognisance of the offence was taken after the period of limitation.

Sebi probing delayed disclosures of accounting lapses at IndusInd Bank

Sebi probing delayed disclosures of accounting lapses at IndusInd Bank

Rediff.com30 May 2025

https://www.rediff.com/business/report/why-ipo-bound-oyo-seeks-to-rename-parent-firm/20250530.htm

How Subramanian Swamy Escaped Arrest During The Emergency

How Subramanian Swamy Escaped Arrest During The Emergency

Rediff.com25 Jun 2025

'Is it right and proper for the US authorities to allow people like Subrahmanya Swamy [sic] go round the country preaching murder, violence, overthrow of the duly elected Government of India?' A fascinating excerpt from Sugata Srinivasaraju's The Conscience Network: A Chronicle of Resistance to a Dictatorship.

Renters, Loss and Liability Cover Are Essential

Renters, Loss and Liability Cover Are Essential

Rediff.com26 May 2025

Tenants should primarily buy contents insurance. 'This covers personal belongings like electronics, furniture, clothes, and appliances against risks such as fire, theft, floods, and other natural calamities.

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Rediff.com14 May 2025

A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

Nifty 50 & Sensex: What the First Half of 2025 Says?

Nifty 50 & Sensex: What the First Half of 2025 Says?

Rediff.com10 Jun 2025

Indian stock markets have experienced some ups and downs in the first half of 2025. However, both the Nifty 50 and Sensex saw steady gains, supported by a healthy economy and better corporate earnings. In this article, we will look at the detailed performance of these key indices and explore the sectors that drove the market rally.

What DGCA Wants AI To Check Before B787 Flights

What DGCA Wants AI To Check Before B787 Flights

Rediff.com14 Jun 2025

The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.

Celebi's clearance revoked citing unprecedented threat: Govt

Celebi's clearance revoked citing unprecedented threat: Govt

Rediff.com22 May 2025

The Indian government defended its decision to revoke the security clearance of Turkey-based Celebi without warning, citing an "unprecedented" threat to aviation security. Solicitor General Tushar Mehta argued that giving a hearing or reasons before taking action would "defeat the purpose" in matters of national security. The decision came after Turkey backed Pakistan and condemned India's airstrikes on terror camps in the neighboring country. Celebi, which operates at nine Indian airports, has challenged the government's move in court.

'Ready To Launch 5 products In 18 Months'

'Ready To Launch 5 products In 18 Months'

Rediff.com5 Jun 2025

'We recently launched Yesintek in the immunology space.'

When Guru Dutt Demolished His House...

When Guru Dutt Demolished His House...

Rediff.com9 Jul 2025

'The pain of not having a home is bearable, but the pain of having one -- and not finding peace in it -- is far worse.'

Bhushan Steel Case: Urgent Need For IBC Reforms

Bhushan Steel Case: Urgent Need For IBC Reforms

Rediff.com29 May 2025

The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.

Apple to make all its phones in India: Scindia

Apple to make all its phones in India: Scindia

Rediff.com6 May 2025

Union telecom minister Jyotiraditya Scindia on Tuesday said investment in India at present makes economic sense for every original equipment manufacturer, as he cited the example of US smart devices major Apple's decision to source majority of the iPhones sold in the US from the country. While speaking at the Bharat Telecom event, Scindia said the investment in India at present is not just an act of goodwill alone but it makes economic sense for every OEM (original equipment manufacturer).

US again puts India on 'priority watch list' for alleged IP rights' violations

US again puts India on 'priority watch list' for alleged IP rights' violations

Rediff.com29 Apr 2025

The US on Tuesday again placed India on its 'priority watch list' stating that New Delhi remains one of the world's most challenging major economies with respect to protection and enforcement of intellectual property (IP) rights.

This couldn't occur without money support: FATF on Pahalgam attack

This couldn't occur without money support: FATF on Pahalgam attack

Rediff.com17 Jun 2025

The FATF statement comes in the backdrop of Indian authorities highlighting Pakistan's persistent support for terrorism and its funnelling of multilateral funds for arms procurement.

5 Key Lessons From Microsoft Layoffs

5 Key Lessons From Microsoft Layoffs

Rediff.com16 May 2025

Professionals will be required to either learn new tech skills that focus on AI, cloud computing, or risk becoming obsolete, says Arun Prakash M.

Twist in ED bribery case: Kerala bizman denies officer's involvement

Twist in ED bribery case: Kerala bizman denies officer's involvement

Rediff.com8 Jun 2025

Sources said Babu, during the recording of his statement last week in Delhi, has "denied" knowledge of involvement of any ED officer vis-a-vis the VACB case, saying he "only" knows a person named Wilson.

ED nabs Cong ex-MLA in Rs 500 cr scam after midnight brawl at Delhi hotel

ED nabs Cong ex-MLA in Rs 500 cr scam after midnight brawl at Delhi hotel

Rediff.com5 May 2025

The Enforcement Directorate (ED) arrested former Haryana Congress MLA Dharam Singh Chhoker from a five-star hotel in Delhi following a brief scuffle. Chhoker, along with his sons, is accused of defrauding over 1,500 homebuyers and siphoning off over Rs 500 crore through their real-estate companies. The ED had been seeking Chhoker's presence in the investigation since May 2022. The politician was caught at the Grappa Bar of the Shangri-La hotel on Ashoka Road. He is currently in ED custody for six days.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

Why Polycab is likely to maintain growth trajectory

Why Polycab is likely to maintain growth trajectory

Rediff.com16 May 2025

India's largest cable and wire manufacturer Polycab India ended financial year 2024-25 (FY25) on a high, delivering another strong quarter of double-digit growth and market share gains. This coupled with margin expansion, operating breakeven for its fast-moving electrical goods (FMEG) business, and steady exports outlook for FY26 is expected to support the stock, which is up 18 per cent over the past month. The stock is currently trading at Rs 5,765 a share.

'Pakistan Navy Is Partnering Dawood'

'Pakistan Navy Is Partnering Dawood'

Rediff.com23 May 2025

'The Pakistan establishment keeps him well protected.'

ED summons actor Mahesh Babu in money laundering case

ED summons actor Mahesh Babu in money laundering case

Rediff.com22 Apr 2025

Actor Mahesh Babu has been summoned by the Enforcement Directorate (ED) in a money laundering case related to realty group Surana group and Sai Surya Developers. The actor is accused of receiving over Rs 5.5 crore for appearing in advertisements for the Surana Group. The ED earlier found illegal transactions worth Rs 100 crore and seized Rs 74.5 lakh in cash during searches at Surana group's affiliated companies. Surana Group is accused of fraud under the guise of real estate ventures and is alleged to have caused financial losses to numerous investors.

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Rediff.com3 May 2025

The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.

Big Four rejig IBC verticals with fewer cases getting filed

Big Four rejig IBC verticals with fewer cases getting filed

Rediff.com20 May 2025

A decline in the initiation of the corporate insolvency process last year is spurring most Big Four firms to rethink and rejig their insolvency verticals to focus on business beyond Insolvency and Bankruptcy Code (IBC), industry experts said. Between the June and December quarter of FY25, the number of insolvency applications initiated by financial creditors went down from 150 to 84.

Are you really working for welfare of common man, SC asks Centre

Are you really working for welfare of common man, SC asks Centre

Rediff.com28 Apr 2025

The Supreme Court of India has reprimanded the central government for failing to implement a cashless treatment scheme for road accident victims. The court expressed its concern over the delay in formulating the scheme, which is designed to provide immediate medical care to accident victims within the crucial "golden hour." The court highlighted that despite a statutory provision requiring the scheme's implementation, the government has not taken any action, prompting the court to intervene. The court also criticized the General Insurance Council (GIC) for raising objections to the scheme and delaying its implementation. The court has now directed the government to notify the scheme within a week and has scheduled a hearing on the matter for May 13.

Chidiya Review: Endearing

Chidiya Review: Endearing

Rediff.com31 May 2025

The tone of the film may be gloomy but it is never tragic or hopeless. Like millions of underprivileged people who find joy in small things, Shanu, Bua and their mother keep their heads above water, notes Deepa Gahlot.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

ED raids 'Empuraan' producer over Rs 1,000 cr FEMA case

ED raids 'Empuraan' producer over Rs 1,000 cr FEMA case

Rediff.com5 Apr 2025

"L2: Empuraan", the second part of the "Lucifer" movie, a trilogy planned by the Prithviraj-Mohanlal team, has become a topic of hot debate over its critique of right-wing politics and the covert mention of the Gujarat riots.