First Leasing scam: Madras High Court dismisses AC Muthiah’s quash petitionJustice PN Prakash of The Madras High Court, after hearing arguments, dismissed Muthiah’s petition. M Nirmal Kumar, advocate on record for ...
First leasing bank fraud probe: former chief under lensIn his response to ET, Muthiah squarely blames Farouk Irani, former managing director at First Leasing, a company Irani founded along with ...
Ashwin C Muthiah scripts family business revival with newer venturesAshwin C Muthiah is considering newer ventures like green energy and medical devices, scripting another story of family business revival an...
AC Muthiah trying to grab assets: MAM's sonRamaswamy , 85, was admitted to Fortis Malar Hospital with liver and kidney ailments and was said to be in "critical" condition on Wednesda...
MAM Ramaswamy's foster son stokes palace feud againAC Muthiah, who had kept away from the affairs of the Ramaswamy family, made a comeback a few months back at the Rajah palace.
Foster son in Chettinad family stokes a palace feud againIt all started to bubble up in August last year when the board of Chettinad Cement decided to not renew the directorship of MAM Ramaswamy.
Chettinad group's chairman MAM Ramaswamy disowns adopted son MAMR Muthiah, names Spic promoter AC Muthiah successorRamaswamy said he has started a legal process to annul Muthiah's adoption and simultaneously create trusts to secure family assets outside ...
First leasing gets merchant banker Ashika Capital to rectify accountsChennai-based First Leasing Company of India, embroiled in an accounting scam, will seek help from merchant banker Ashika Capital, said cha...
First Leasing’s AGM venue irks minority shareholdersChennai-based First Leasing Co of India Ltd, which is embroiled in an accounting scam, will hold its delayed AGM at this hall, irking minor...
First Leasing auditors resign after red flag on accounts, company to go for forensic auditFirst Leasing was barred from running any business by the RBI last month, which had earlier inspected its books.
RBI fiat to First LeasingThe Reserve Bank of India has barred AC Muthiah-headed First Leasing Company of India from doing any business until further orders.
- Jupiter Cap picks up IDFC’s stake in Sical
THE Bangalore-based Jupiter Capital, promoted by Rajeev Chandrasekhar, has bought a 13.28% stake in Sical Logistics, part of the MA Chidamb...
- Supreme Court sends notices to BCCI, N Srinivasan
The Supreme Court (SC) on Friday sent notices to BCCI and India Cements vice-chairman and MD N Srinivasan seeking their response to the pub...
- Muthiah Group's SDB Cisco stake-sale plan falls through
AC Muthiah Group’s proposed sale of majority stake in security services firm SDB Cisco to Denmark’s ISS has fallen through as certain terms...
- Spic gets nod for pref issue to promoter, Arcil
An extraordinary general meeting (EGM) of Spic held in Chennai on Monday cleared resolutions for issuing convertible preference shares to t...
- Muthiah to exit SDB Cisco; in talks for selling stake in JV
The AC Muthiah-led MAC Group is exiting SDB Cisco, a leading player in the security services and cash-in-transit management firm and a 38-y...
- PM to evaluate power, oil sector reforms
Prime Minister Atal Bihari Vajpayee will hold an intensive session with member of his council on trade and industry tomorrow on reforms in ...