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EMPLOYEE IMPROPRIETY
PVR Inox shares crash 8% after alleged Rs 200 crore kickback investigation; company issues clarificationReports of an internal probe into alleged kickbacks have caused a steep decline in PVR Inox shares. Following the investigation, a senior e...- PVR Inox says senior executive Pramod Arora was not asked to quitPVR Inox said its promoters received anonymous communications in April alleging impropriety by certain employees, but a preliminary examina...
- PVR INOX says preliminary probe found no evidence of kickbacks, disputes account of senior executive’s exitPVR INOX on Monday said a preliminary assessment into anonymous allegations of employee impropriety found no evidence of kickbacks, counter...
- CBI court junks Mehul Choksi's plea against summons issued in Canara Bank loan fraud caseSpecial CBI judge J P Darekar, in the ruling delivered on February 2, details of which were made available on Friday, held that the magistr...
- Union Bank shares fall 4% after Rs 7.25 crore book purchase sparks controversyUnion Bank of India's shares declined following scrutiny over its pre-publication purchase of Krishnamurthy Subramanian's book, 'India@100,...
- Union Bank faces heat over ₹7.25 crore book purchaseUnion Bank of India is under scrutiny for purchasing nearly two lakh copies of Krishnamurthy V Subramanian's book, 'India@100,' for ₹7.25 c...
- No financial impropriety found in whistleblower allegations: Birlasoft CEOBirlasoft faces whistle-blower complaints alleging financial impropriety, with ongoing investigations. CEO Guha aims to diversify revenue s...
- Tiger Global says ex-employee targets it in misinformation attacksInvestment firm Tiger Global Management LLC, known for its early bets on tech firms like Meta and Spotify, on Friday told limited partners ...
- Infosys audit panel gives clean chit to top leadershipSEC & Sebi probe still on, Nilekani hints at ‘whistleblower’ being an outsider; co raises FY20 guidance.
- Infosys' audit committee finds no wrongdoing, SEC investigation continuesIn October, a whistleblower mailed the Infosys board with a slew of charges against salil Parekh & Nilanjan Roy.
- Sun Pharma climbs 2% after company attempts to assuage investor concernsShares of the company pared some gains and traded 1.07 per cent up at Rs 460.15.
- Ban period for blacklisted defence companies reduced to five yearsArmed forces given flexibility on dealing with barred entities in case the equipment required is of a critical nature.
- AAP MLAs stage dharna, demand sacking of Rana GurjitThe AAP leaders termed as an "eyewash" the state govt's decision to order a judicial inquiry to probe the allegations of impropriety agains...
- Infosys' $200 million Israeli software company Panaya is in the eye of the stormThe price paid by Infosys meant the company was valued six times its revenue, Bansal had told analysts in the earnings call when the deal w...
- United Spirits appoints new Finance Head, Company SecretaryThese appointments came in the wake of Diageo-owned United Spirits' Board asking its erstwhile promoter and current Chairman Vijay Mallya t...
- Six more to be sacked at Infosys BPO for inflated invoices as probe reveals company overcharged AppleInfosys, which announced the firing of the finance chief of its back-office arm on Tuesday, is set to sack more employees at the unit.
- SC asks Sterlite to pay Rs100 Crore for flouting green lawsSC ruled that courts should not normally interfere with the environmental clearances granted by executive and statutory authorities.
- Indian student blackmailed by college directors in AustraliaThe government had initiated a rapid audit of the institutes which were considered high risk and more than dozens were shut down after the ...
- Bribe, facilitating payment two different things: WiproWipro defines facilitating payment as payment of money to expedite routine governmental action to which giver is otherwise entitled to. Sat...
- PF cos can’ve 26%FDI right awayPension fund managers can sell 26% stake to foreign investors, irrespective of the status of the pension Bill.
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