Search For "promoters"
Ex-CEO of Hello Taxi alleges multi-crore financial fraud by promoters
Updated : 6 years, 8 months ago IST
New Delhi [India], July 14 (ANI): A month after the first information report (FIR) was filed by a complainant against Hello Taxi, its officials and promoters, now former CEO of the cab aggregator company has also come out alleging financial anomalies by the promoters of the firm.
Read More
IndiGo promoters' battle turns ugly, Gangwal seeks SEBI's intervention
Updated : 6 years, 8 months ago IST
Gurugram (Haryana) [India], July 10 (ANI): Low-cost carrier IndiGo's Co-Founder Rakesh Gangwal has sought intervention by the Securities and Exchange Board of India (SEBI) to curb alleged corporate governance violations by his colleague Rahul Bhatia, a move that could threaten expansion plan
Read More
Nourishing dwarfs to become giants for MSME growth: Economic Survey
Updated : 6 years, 8 months ago IST
New Delhi [India], July 4 (ANI): For reorienting policies for growth in the MSME sector, the Economic Survey states that MSMEs that grow not only to create greater profits for their promoters but also contribute to job creation and productivity in the economy.
Read More
ED raids 10 location linked to Parekh Aluminex Ltd, attaches land worth Rs
Updated : 6 years, 8 months ago IST
Hyderabad (Telangana) [India], Jun 26 (ANI): The Enforcement Directorate (ED) on Wednesday conducted searches at 10 locations linked to M/s Parekh Aluminex Ltd and its promoters in Mumbai under Prevention of Money Laundering Act (PMLA).
Read More
Emami Group promoters divest 10 pc stake for Rs 1,230 crore in Emami Ltd
Updated : 6 years, 8 months ago IST
Kolkata (West Bengal) [India], June 24 (ANI): Home grown FMCG firm Emami said on Monday its promoters have sold 10 per cent stake in the company for Rs 1,230 crore to reduce their debt.
Read More
SEBI bars NDTV promoters from security markets for 2 years
Updated : 6 years, 9 months ago IST
New Delhi [India], June 14 (ANI): Security Exchange Board of India (SEBI) on Friday barred NDTV Ltd's three key promoters - Prannoy Roy, Radhika Roy and their holding firm RRPR Holdings Pvt Ltd from accessing the security markets for two years.
Read More
Indiabulls Real Estate to offload 14 pc stake to third party investors
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): The promoters of Indiabulls Real Estate intend to sell 14 per cent of the fully paid-up capital to third-party investors, a move that has been planned to ensure focus on the financial services business in the long run.
Read More
Creditors expect increase in realisations through IBC despite hiccups
Updated : 6 years, 10 months ago IST
New Delhi [India], May 19 (ANI): Innumerable litigations, defiant promoters, failing sectors and over-burdened National Company Law Tribunals (NCLTs) have negatively impacted corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC) over the past two years, ac
Read More
Unitech case: SC asks Tihar jail authorities to withdraw special facilitie
Updated : 6 years, 10 months ago IST
New Delhi [India], May 9 (ANI): The Supreme Court on Thursday withdrew the special facilities given to the promoters of beleaguered Unitech Limited -- Sanjay Chandra and Ajay Chandra, who are currently lodged in Tihar jail for not handing over the possession of flats to buyers despite mon
Read More
Baring to acquire 30% stake in NIIT Technologies for Rs 2,627 crore
Updated : 6 years, 11 months ago IST
New Delhi, Apr 8 (ANI): NIIT Technologies has said that funds affiliated with Baring Private Equity Asia have signed definitive agreements to buy 30 per cent of promoters holding for Rs 2,627 crore.
Read More
Bank fraud case: CBI raids various locations of Delhi-based private compan
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 7 (ANI): The Central Bureau of Investigation (CBI) on Saturday conducted searches at various locations including Delhi-NCR, Chandigarh, Kolkata and Orissa associated with a New Delhi-based Private Company, its directors, promoters and their associates in a bank frau
Read More
Granules' promoters offload equity, assets worth Rs 100 crore
Updated : 7 years ago IST
Hyderabad (Telangana) [India], Mar 8 (ANI): Pharmaceutical manufacturing company Granules India said on Friday that its promoters sold 50 lakh shares to a group of reputed investors in a block deal on the stock exchanges to mobilise about Rs 50 crore.
Read More