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$Sebi Chairman Ajay Tyagi said compliance to the corporate governance should be on a principled basis and not merely from a \tick-mark\ perspective where a company only looks at mandated requirements.$ Business

Sebi to review related party transactions

Some listed companies, especially due to their family-driven nature, have been found to be wanting on the related-party...

28 Nov 2019 1:49 AM IST

The action followed leading bourse NSE forwarding a preliminary report to Sebi on the non-compliances observed with respect to the pledging/misuse of client securities by Karvy Stock Broking Ltd (KSBL).

Business

Karvy got into â€˜never allowedâ€™ activities: Sebi

Last Friday, Sebi barred Karvy from taking new clients for stock broking activities over alleged misuse of clients-'...

28 Nov 2019 1:26 AM IST

His attitude was vintage Air India. And I was so relieved that it still exists at least in a few dedicated employees. It is, of course, very hard to ignore reports of on-board scuffles, regular no-shows by crew members, sudden sick leave absentees, drunk pilots and co-pilots, stories of sexual abuse and nepotism, apart from a cavalier attitude thrown at paying passengers.

Business

Govt mulls absorbing Rs 50,000 crore Air India debt

Investors may be asked to take over Rs 30K cr debt.

28 Nov 2019 1:24 AM IST

Little wonder therefore that Emirates is using this popular buttery nut extensively in its international and regionally inspired cuisine, gracing its sumptuous dishes, beginning on November 23, the World Cashew Day.

Business

Emirates offers Indian cashew delicacies to pax

This is not counting the tonnes of cashews the airline buys to include in its regional and international dishes,...

27 Nov 2019 1:26 AM IST

Adding to the problems of the power generators, a new government in Andhra Pradeshwhich owes renewable energy firms more than any other statewants to renegotiate its contracts, saying the prices it pays are inflated.

Business

Discoms may get loans to clear dues to RE firms

Commercial banks are unwilling to lend to these firms because of their high outstanding debt.

27 Nov 2019 1:24 AM IST

Business

Sical to sell or hive off businesses to pare debt

Such sale shall be for a price based on valuation and made either through strategic sale or slump sale.

27 Nov 2019 1:20 AM IST

Business

Reliance Naval surges 700 per cent in record streak

Brokers say the stockâ€™s parabolic advance is likely driven by speculators, rather than by a change in the companyâ€™s...

27 Nov 2019 1:14 AM IST

The Competition Commission of India (CCI) began an investigation in 2017 after allegations that five companies colluded on bearings prices from 2009-2014 to pass higher raw material costs onto customers in the auto sector.

Business

Probe finds bearings collusion by units of SKF, Schaeffler & Tata...

SKF, the worldâ€™s largest maker of ball-bearings, said in a statement it had assisted the investigation and disputed...

27 Nov 2019 1:12 AM IST

Media mogul Subhash Chandra on Monday resigned as chairman of his flagship company Zee Entertainment Enterprises Ltd, with immediate effect. (Photo: File | PTI)

Business

Zee Entertainment shares sink over 9 pc after Subhash Chandra-'s...

On the BSE, the stock opened at Rs 340.50 and plunged 9.06 per cent to Rs 312.50.

26 Nov 2019 12:32 PM IST

Mutual Funds were forced to cut their lending to promoters after Sebi increased the equity cover that mutual funds take as collateral to four times as against earlier practice of keeping cover worth 1.6-1.7 times the loan amount.

Business

Sebi to tighten rules for brokers after Karvy debacle

The measures likely to be taken by Sebi include barring brokers from offering clearing and settlement services.

26 Nov 2019 12:57 AM IST

The convenience of OTP-less single click payments will result in increased conversions in a more secure and convenient way.

Business

Paytm to expand financial services

Discovery Capital, an existing shareholder of the company, also participated in the round.

26 Nov 2019 12:50 AM IST

The company will focus on artificial intelligence-based technology and big data solutions for new innovations that can generate large scale employment.

Business

Paytm raises USD 1 billion in fresh funding

Accounts advised by T Rowe Price Associates were among the new investors for the fund, Paytm said in a statement.

25 Nov 2019 12:12 PM IST