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FORFEITURE OF SHARES
Fusion Finance forfeits unpaid rights shares after final reminderFusion Finance forfeited 1.63 lakh partly paid rights shares worth Rs 1.07 crore after investors failed to pay despite the final reminder. ...- Blue Origin's stock policy leaves employees worried after Elon Musk's SpaceX IPO made workers millionaires—but there's one surprising exemptionBlue Origin's new stock policy: SpaceX's successful IPO contrasts with Jeff Bezos' Blue Origin's new stock incentive plan. This plan includ...
- India proposes dedicated BRICS Virtual Working Group to combat drug traffickingIn a proactive move, India has suggested establishing a dedicated virtual working group within BRICS to address the increasingly sophistica...
- From private jet to 10-bedroom mansion, Sean 'Diddy' Combs may lose more than just his freedom if convictedSean "Diddy" Combs faces potential forfeiture of his multimillion-dollar empire, including real estate, a private jet, and Bad Boy Records,...
- Ratan Tata’s will has a no-contest clause that could cost challenger the entire inheritanceRatan Tata has left the majority of his ₹3,800 crore wealth to charitable foundations RTEF and RTET. His will includes a no-contest clause ...
- Zee Entertainment shares in focus as Arbitral Tribunal rejects claim against RailTelShares of Zee Entertainment are expected to remain in focus on Wednesday after the Arbitral Tribunal rejected the company's claims, along w...
- Russia says could seize assets of 'hostile' countries"As far as companies based in Russian territory are concerned whose owners are citizens of hostile countries and where the decision has bee...
- High Court refuses to interfere in Aircel-Maxis caseA bench of CJ G Rohini and Justice Sangita Dhingra Sehgal declined to entertain a PIL seeking directions to the CBI to move the trial court...
- HC appears disinclined to interfere in Aircel-Maxis caseThe petitioner, Society for Consumers and Investors Protection (SCIP), has sought directions to CBI to make several subsidiary companies of...
- Aircel-Maxis case:PIL seeks to make Maxis subsidiaries accusedThe plea moved through advocate Amit Khemka has also sought setting aside of the approvals granted to Bharti Airtel for acquisition of 4G s...
- India wants Mutual Legal Assistance treaty with BangladeshIndia's views on the issue were conveyed by Law Minister D V Sadananda Gowda to Chief Justice of Bangladesh Justice Surendra Kumar Sinha du...
- Sebi proposes exemption from open offer in forfeiture of sharesSebi today proposed exemption from making an open offer for entities whose shareholding in a listed company increases due to forfeiture of ...
- India set to sign treaty with Afghanistan to share intelligence, co-operation in dealing crimesThe home ministry has prepared a draft note for the treaty which will be cleared by the Cabinet before the pact is signed by the two countr...
- Mathew Martoma must forfeit USD 9.4 million, pay fine: Preet Bharara tells courtMathew Martoma, 39, was convicted in February of one count of conspiracy to commit securities fraud and two counts of securities fraud.
- Ranbaxy recovers lost ground; shares end nearly 4 per cent higherShares of Ranbaxy recovered from early losses and settled nearly 4 per cent higher on hopes that settlement of its long lawsuit in the US.
- Mylan sues USFDA for allowing Ranbaxy to sell Diovan's generic versionMylan has sued USFDA for not allowing it to market a generic version of medicine Diovan, saying that Ranbaxy has lost its exclusivity for t...
- Ranbaxy settles row with USFDA; stock tanksShares of Ranbaxy Laboratories Ltd slipped nearly 7% on the BSE after the drugmaker has agreed to make significant changes in its manufactu...
- IFCI's move on 17 crore escrowed GTL Infrastructure shares illegal: Delhi High CourtThe court also termed as illegal the sale of around 5.05 lakh shares of GTL infrastructure by IFCI during July 18 to August 4, 2011 in open...
- Thawed frozen demats to yield 20K crGovt seeks law ministry's views if assets constituted unclaimed property. Stocks 52 Week: High, Low | Gainers & Losers: BSE, NSE | Only: Bu...
- Skilling to pay Lay's share tooFederal prosecutors want former Enron Corp chief executive officer Jeffrey Skilling to turn over nearly $183m for helping perpetuate one of...
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