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ZENITH INFOTECH LTD.
Zenith Infotech, promoters settle Sebi case for Rs 3.56 crore, closing 12-year legal battleZenith Infotech and promoters Rajkumar and Akash Saraf settled a 12-year Sebi case by paying Rs 3.56 crore, ending allegations of asset str...- ED searches cos for forex violations, money laundering"Based on the information shared by Sebi, the searches over alleged irregularities under forex rules and money laundering were conducted. T...
- Stock market update: Stocks that hit 52-week lows on NSECipla, HDFC Life, Asian Paints, Shree Cements and Power Grid were among the top losers on NSE.
- Stock market update: Stocks that hit 52-week lows on NSE in today's tradeUltraTech Cem., Shree Cements, Asian Paints, ITC and Grasim Inds. were among the top losers on NSE in today's trade.
- Stock market update: Stocks that hit 52-week lows on NSEShree Cements, UltraTech Cem., Dr. Reddys, Power Grid and Infosys were among the top losers on NSE.
- Stock market update: Nifty IT index falls 0.34% in an upbeat marketThe Nifty IT index was trading 0.34 per cent down at 29522.75.
- SEBI has barred Zenith Infotech and its promoters from accessing the securities marketThe regulator alleged that the company along with its directors and promoters perpetrated fraud on the investors and securities market.
- Zenith promoters withdraw their appeal against winding-up orderPromoters of Zenith Infotech withdrew their appeal to SC against a Bombay HC order allowing winding up of Mumbai-based software firm.
- Zenith Infotech loses liquidation appealZenith Infotech has lost its high court appeal challenging the liquidation order
- Bombay High Court admits winding-up petition against Zenith InfotechZenith Infotech had defaulted on two foreign currency convertible bond (FCCB) dues in 2011 and 2012, aggregating $83 million.
- Zenith’s cloud-computing business valued 67% lower: Ernst & YoungAccounting firm Ernst & Young has re-valued Mumbai-based Zenith Infotech's cloud-computing business at Rs 194 crore, about 67% lower than t...
- Bombay HC orders fresh valuation of Zenith Infotech's cloud-computing businessBondholders in Zenith are disputing the valuation of the cloud-computing business as they work to recover their dues after the company defa...
- HC stops Zenith Infotech from selling assets in suit by bankBombay High Court has restrained Zenith Infotech Ltd from selling its 3,500 sq ft property in the prime suburban Andheri area here.
- Zenith unveils private cloud TigerCloud for Indian mid-sized companiesZenith launched its private cloud computing solution 'TigerCloud', mainly for mid-sized cos, and is targeting about 200 customers in the fi...
- Foreign bondholders of Welspun refuse to revise termsRattled by fears of default and expensive lawsuits, foreign bondholders have refused to agree to a bigger haircut on Welspun Corp's bonds.
- Zenith Infotech denies mismatch in gains from unit saleZenith Infotech has strongly denied that there was any discrepancy in the figures reported by the company relating to the sale of one of it...
- Investors claim Zenith Infotech FCCB default more than $85 millionLast week, Zenith Infotech had said 'it was and in negotiations' with bond-holders to extend the time for repayment, in a filing to the sto...
- QVT, other shareholders take Zenith Infotech to courtQVT and a few shareholders have taken Zenith Infotech to court seeking an injunction to stop any sale of assets by the company
- Buy Zenith Infotech for target of Rs 350: India Capital MarketIndia Capital Market has advised traders to buy Zenith Infotech for target of Rs 350.
- Zenith Infotech to raise $33 mn from overseas mktsZenith Infotech Ltd on Monday said it will raise $33 million through issue of Foreign Currency Convertible Bonds (FCCBs) in the internation...
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