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Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...- H-1B pool down 39% in FY27 on Trump revisalsH-1B visa registrations have seen a sharp decline this year. Stricter US immigration rules and increased costs are pushing companies to be ...
- Regulator bars 39 entities for alleged manipulation of RRP Semicon share priceThe Securities and Exchange Board of India has intervened in the case of RRP Semiconductor, taking serious measures against 39 entities imp...
- Japan to tighten screening for residency status of foreign workers on transfer visasJapan is strengthening its screening for foreign employees transferring within companies. Stricter checks on work history and tax complianc...
- NCLT approves merger scheme of Suzuki Motor Gujarat with Maruti Suzuki IndiaNoting that the scheme is in the interest of both petitioner companies, their shareholders, creditors, employees, and all concerned, the tr...
- Canada updates policy related to intra-company transferees: Check all detailsOn October 3, Canada updated its guidance regarding Intra-Company Transferees (ICTs) as part of the Immigration, Citizenship and Refugees C...
- Centre amends rules related to amalgamations under companies lawThe government has revised rules for mergers under the companies law, now requiring prior RBI approval for amalgamations involving a foreig...
- Tata Consumer to merge 3 wholly-owned subsidiaries - NourishCo, SmartFoodz and SoulfullTata Consumer Products Ltd has announced its intention to merge three of its wholly-owned subsidiaries: NourishCo Beverages, Tata SmartFood...
- NCLAT sets aside order directing RIL to get stakeholders nod for transfer of RPPMSL's Digital EPC assetsThe National Company Law Appellate Tribunal (NCLAT) has set aside the order of the NCLT that required Reliance Industries (RIL) to obtain t...
- Company does not die upon amalgamation, transferee firm can be fastened with IT liability, says SCThe bench, which was hearing the appeal of the IT department, remanded its income tax case against Mahagun Realtors Private Limited (MRPL) ...
- NCLT Mumbai approves merger of Phoenix Hospitality with Phoenix MillsThe appointed date of the scheme of merger by absorption is April 1, 2019 as defined in the scheme, the NCLT Mumbai bench said while sancti...
- To Market, to Market With Bank LoansBoth performing and non-performing assets may be transferred, but the rules stipulate that stressed loans can only be transferred to permit...
- Info Edge's Makesense to merge with PolicyBazaar operator PB FintechUpon the scheme of amalgamation coming into effect, PB Fintech will allot its shares on a proportionate basis to shareholders of Makesense ...
- Companies that undertook mergers are now stuck with tax credit issueTax credits on the amount paid to revenue authorities when the process is on are getting stuck as the tax department undertakes a detailed ...
- Shareholders approve HCL Comnet, 3 other subsidiaries' merger scheme with HCL Tech"The scheme was approved by the requisite majority of equity shareholders of the transferee company," the filing said.
- Religare gets NCLT nod to merge 11 entities with itselfIn December last year, the company had informed about the said merger in order to achieve better synergy and to simplify its corporate stru...
- Airtel to transfer optical fibre biz to Telesonic NetworksBharti Airtel said it is transferring the cable business based on cash consideration of Rs 4,564.7 cr. It will be subject to upward adjustm...
- Jaiprakash Associates approves debt restructuringThe company had called a board meeting to consider the recommendations of the audit committee on the debt restructuring process approved by...
- Jaiprakash Associates approves debt restructuringThe company had called a board meeting to consider the recommendations of the audit committee on the debt restructuring process approved by...
- HC okays merger of 2 subsidiaries with PVR Ltd: BSE, NSE toldPVR Leisure Ltd -- which owns and operates in-mall entertainment, gaming and food joints -- and Lettuce Entertain You Ltd -- engaged in the...
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