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Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.Business
Sebi seeks more powers to inspect books of listed firms, thwart frauds

Sebi proposed a heavy penalty for altering, destroying or falsifying records and documents with intent to obstruct...

24 March 2019 5:03 PM IST

NCLAT has upheld the previous order of the Chandigarh bench of NCLT, which had imposed a cost of Rs 1 lakh on Liberty House citing casual approach.Business
NCLAT sets aside Jyoti Structures liquidation, asks NCLT to consider...

"The case is remitted to NCLT, Mumbai to approve the plan..." said NCLAT in its order.

24 March 2019 4:52 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTIBusiness
RCE pledges 12.50 cr shares of RCom with IndusInd Bank

RCE held 49.06 crore shares in RCom amounting to 17.74 pc stake, of which it had previously pledged 4.85 pc.

24 March 2019 4:40 PM IST

\Patel is an accused in the case and is the brother-in-law of the main accused in the case, the Sandesara brothers (Nitin and Chetan Sandesara). He is expected to be extradited to India soon,\ officials said.Business
Rs 8,100 cr bank fraud case: ED to send LRs to 21 countries for...

The LRs will also be send to Albania, where the court recently allowed the ED to send extradition requests.

24 March 2019 3:41 PM IST

The Mahavitaran company has offered to waive the fine and interest on the electricity charges under the scheme. (Representational image)Business
Rs 3 trillion investment in pvt power plants at risk of turning into...

Uttar Pradesh has the most outstanding dues of Rs 6,497 crore, followed by Maharashtra at Rs 6,179 crore.

24 March 2019 3:05 PM IST

According to Venture Intelligence, private equity (PE) firms invested about $3.7 billion across 133 deals in the January-March period as against 200 transactions worth $7.3 billion recorded in the same period last year. (Representational image)Business
Sale of 'enemy shares', buybacks by CPSEs yield Rs 11,300 cr to...

Enemy property refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens...

24 March 2019 12:46 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.Business
Elections 2019: Taxmen told to curb illegal flow of currency, liquor

CBIC's instructions follow a multi-departmental meeting called by the Election Commission earlier in the month.

24 March 2019 12:21 PM IST

US Federal Reserves meeting tomorrow is expected to put gold on an upward trajectory and leave behind the interest rate narrative that has been controlling the price movement for quite some time.Business
Gold imports dip 5.5 pc during April-Feb likely to keep lid on CAD

Trade experts said softening prices of the yellow metal in the world markets could be the reason for the contraction in...

24 March 2019 11:17 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.Business
FPIs invest Rs 38,211 crore in March on improved global liquidity

Analysts attributed the increase in infusion to a shift in stance on monetary policy outlook by various central banks...

24 March 2019 10:41 AM IST

Mr Raote said that private cab companies could be given city taxi status.Business
Karnataka open for talks with Uber rival Ola over ban

Karnataka had suspended Ola's licence for six months for violating government rules by running motorcycle taxis which...

24 March 2019 10:24 AM IST

Karnataka Bank on Tuesday reported 92 per cent slump in net profit at Rs 11 crore for the March quarter due to multi-fold jump in provisioning for bad assets.Business
Karnataka Bank reports Rs 13 crore fraud to RBI

The fraud was on account of diversion of funds', the lender said in a BSE filing.

23 March 2019 4:02 PM IST

Airfares especially on the Delhi-Mumbai sector, has seen a surge of 30 per cent owning to fewer flights operating out of one of Indias busiest airports. (Photo: ANI)Business
Domestic air passenger growth slows down in February: DGCA

The number of passengers flown by government-owned Air India also dropped to 14.53 lakh as against 15.30 lakh in the...

23 March 2019 3:20 PM IST

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