MCA penalises Samsung Display Noida for breach of Companies Act normsAs per Samsung Display Noida's February 2024 letter cited in the order, it's fully owned by Samsung Display Co (Korea), which, in turn, is ...
Reviewing ministry of corporate affairs' penalty order on company, Satya Nadella, says LinkedInLinkedIn is reviewing penalties totalling ₹27.1 lakh imposed by the Ministry of Corporate Affairs (MCA) for alleged violation of significan...
LinkedIn India, Satya Nadella face MCA penalty: LinkedIn says reviewing fine for next stepLinkedIn is reviewing penalties imposed by the Ministry of Corporate Affairs for violating SBO norms. The Rs 27.1 lakh fines target LinkedI...
MCA fines LinkedIn India, Satya Nadella and 8 others for violation of Companies Act, 2013In its order, reviewed by ET, the Registrar of Companies for the national capital region of Delhi and Haryana under the MCA said the compan...
MCA slaps fines on LinkedIn India, Satya Nadella, 8 others for companies law violationsAccording to the order, the company and its officers are liable for action for the failure to take necessary steps to identify the SBO in r...
Paytm's average monthly transactions jump 20% YoY, loan disbursement up 137%It also reported a 137% YoY jump in its loan distribution business where the payment platform disbursed loans worth Rs 10,710 crore in July...
Paytm CEO Vijay Shekhar Sharma becomes sole beneficial owner in co as Antfin cuts stake"We have been informed by AntFin, that their shareholding in the company has reduced from 23.79% to 9.90% of the total equity share capital...
Significant beneficial ownership rules to help identify entities controlled from overseasUnder the new norms, provisions are in place to identify significant beneficial owners.
Custodian banks stumped by depository ownership queriesThe custodians are required to give an official undertaking that none of the holders qualify as Significant Beneficial Owners.
Significant beneficial owner: Sebi comes out with disclosure formatThis will come into effect from the quarter ended March 31, 2019, the Securities and Exchange Board of India (Sebi) said in a circular.
State Bank of Patiala Q1 Net up 15.50 per cent at Rs 135.60 croreIt further said the bank opened 54 new branches in current fiscal and out of which, one third were opened under financial inclusion program...
- Air India sets up committee to examine sacked pilots' reinstatement
AI management has set up a committee to look into reinstatement of pilots, whose services were terminated during the recent strike.
SBoP offers 10pc interest rate on 300-day FD schemePublic sector lender State Bank of Patiala today said it would offer a 10 per cent interest rate on fixed deposits for 300 days.
- Maytas Infra approves CDR package
Bankers are likely to discuss next week the corporate debt restructuring package of Maytas Infra, a company promoted by the kin of former S...
- Commodity Watch
- Strike by SBoP employees on August 18
The employees State Bank of Patiala will observe on day strike on August 18 to protest against the move of govt and management to merge Sta...
- Net4 India forms new subsidiary in Singapore
Net4 India Ltd on Thursday announced the opening of its newly formed subsidiary Net4 Singapore Pte Ltd and that it has also been awarded wi...