In the interview to Business Standard last week, Chary had stated that the government's proposal to merge was unwarranted and that FTIL shareholders did not benefit from higher dividends from NSEL.
Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.
The CBI on Wednesday lodged a fresh case against A Raja for allegedly amassing disproportionate assets worth Rs 27.92 crore during the period of 11 years between 1999 and 2010.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891.
Articulate segments of Muzaffarpur have been at the the forefront of all anti-establishment mobilisation, which makes their silence over the atrocities in a shelter home in the town puzzling. Could it be that if those accused of horrific crimes belong to dominant castes and if the victims belong to the vulnerable groups, then the middle classes become mute, asks Mohammad Sajjad.
The war of words between Arvind Kejriwal and Amarinder Singh turned ugly on Twitter on Monday after the Delhi Chief Minister accused the Punjab Congress chief of using an Akali leader's "drug money" to fund his election campaign and the latter shot back, saying the AAP leader was "hallucinating" and challenged him to a debate.
Existing units stay operational; those approved may not be notified, land could be used for other purposes
Seeking to woo Muslims as well as upper castes, the Samajwadi Party on Wednesday promised quota in police and other government jobs for minority community, release of "innocent" youths jailed on terror charges and constitution of an upper caste commission in its manifesto brimming with sops.
Rediff.com lists those sportsmen who have been accused of 'sleeping with the enemy'
Here are 15 things that would have made 2015 a great year.
'It is not impossible that there will be some arrangement with the Congress in West Bengal after the ongoing local body polls.'
Nifty has a virtual monopoly in the index derivatives segment.
Sandeep Pandey salutes women who have contributed to social transformation in India after 1980.
'Unlike Japan and China, the US has a long relationship with India. He is going there to fly the Indian flag in a gesture of friendship. This is a journey like none other, meant to signal that the two democracies are in a defining relationship of the 21st century.'
Vipul Ambani, a runner who participated in city marathons, never wore his last name on his sleeve, was easy-going, mild-mannered and always smiling. Yet, the question that begs to be asked is why would he join a luxury jewellery company, says Pavan Lall.
Debashis Basu lists various reasons why laundering through the stock market thrives.
Friday will be the first day of the second phase of the odd-even scheme in New Delhi.
'In the last one year, it looks like there were bad things that didn't take place, and there were good things that didn't take place,' says Rajeev Srinivasan.
Diplomats agree that amid stormy relations with China and Pakistan, Modi has posted impressive foreign policy successes, notes Aditi Phadnis.
Reports have put the IPO pipeline between 19 and 30 issues, of Rs 10,000-20,000 crore or Rs 100-200 billion.
As they kickstarted campaigning for the October 15 Assembly polls in Haryana and Maharashtra, Prime Minister Narendra Modi and Sonia Gandhi on Saturday traded fire with the former attacking the Congress regime for having done "little" in the last 60 years and she likening him to "empty vessels" making noise.
Why do investors need a broker to buy stocks which were dematerialised long ago and can be delivered directly into their accounts?
'Under Narendra Modi's leadership, we will be able to regain our rightful place in the community of nations,' veteran diplomat Hardeep Singh Puri, who joined the BJP on January 2, tells Rediff.com's Sheela Bhatt.
The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.
A Russian medallist at the Pyeongchang Winter Olympics is suspected of having tested positive for a banned substance, a source at the Games said on Sunday, in a potential major blow to Russia's efforts to emerge from a drug-cheating scandal.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
The opposition to Gajendra Chauhan's appointment has more to do with his background and less with anything else, feels Syed Firdaus Ashraf.
Governments must give companies a hearing before blacklisting them.
Trai data show the company has no subscribers in Uttar Pradesh East & West and Bihar
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
Kerala's iconic Marxist and former Chief Minister V S Achuthanandan turned 90 on Sunday.
Summing up the year gone by, Sebi Chairman U K Sinha told PTI that the regulator was also able to provide clarity and a direction to the market in areas like corporate governance and investor protection during 2013.
Aam Aadmi Party will impact companies directly connected to Delhi.
Bharatiya Janata Party leader Arun Jailtey on Tuesday defended the Vajpayee government's releasing the three most wanted terrorists in return for the safety of passengers of the Indian Airlines plane hijacked to Kandahar in 1999, saying the lives of all Indians were "more precious" than the release of the terrorists.
The National Democratic Alliance government's parliamentary managers have a busy weekend ahead, says Rediff.com contributor Anita Katyal.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Aditya Aluminium project ready but clearances still stuck for mine