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CORPORATE GOVERNANCE LAPSE
En route to D-Street: NSE files draft papers with SebiThe National Stock Exchange has filed its draft prospectus with Sebi, moving closer to its long-awaited Initial Public Offering. The IPO is...
Son emerges after father’s death, secures house keys, step uncle challenges it and prevails; HC says only civil court can decide property rightsA property dispute between a deceased man's son and his stepbrother has reached the Calcutta High Court. The court has ruled that only a ci...
No merit in issues flagged by ex-chair of HDFC Bank: Law firmsThe reviews were prompted by former Chairman Atanu Chakraborty's dramatic March 18 resignation, a decision he had said in a letter to the e...
INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...
Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
Rajesh Exports likely to lose PLI beneficiary status, face MCA probeRajesh Exports faces potential removal from a government battery production incentive scheme. The corporate affairs ministry is considering...
Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant f...
Saket building collapse: Delhi LG directs MCD to enforce bylaws, curb illegal structuresFollowing a fatal building collapse in Saket, Delhi's Lt Governor Taranjit Singh Sandhu has ordered the Municipal Corporation of Delhi to s...
SC verdict on GST leaves real-money gaming firms staring at a Rs 92,000-crore questionWednesday’s ruling, backing tax demands on past transactions, could have major financial implications for the sector. A lawyer representing...
US Market: Fed, FDIC push leaner, risk-focused bank supervisionUS financial regulators are enacting significant changes to bank oversight, moving away from detailed paperwork towards focusing on "materi...
United Breweries says employee mistakenly shared draft financial results, reports disclosureUnited Breweries has disclosed an unintentional leak of draft financial results. An employee shared unpublished price-sensitive information...
SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
Apple CEO Tim Cook steps down; HCLTech Q4 reportAfter 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.
Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
'Not received any communication': Patanjali Ayurved denies being under MCA lens for financial lapsesPatanjali Ayurved Limited denies receiving any communication from the Ministry of Corporate Affairs (MCA) regarding a proposed investigatio...
Zee files settlement application with Sebi over alleged lapsesZee Entertainment Enterprises has sought a settlement with SEBI to resolve investigations into alleged corporate governance lapses and fina...
VCs double check corporate governance as lapses riseMultiple top-tier founders and investors said investors are bringing in stricter terms in shareholding agreements as well as term sheets an...
Ministry of Corporate Affairs to inspect ZEE’s booksIn November, two non-exec directors - Subodh Kumar and Neharika Vohra – had alleged governance lapses.
- ICICI hints at lapses in corporate governance against Subhiksha
Private equity firm ICICI Ventures has hinted at lapses in corporate governance on the part of Subhiksha founder and managing director R Su...