News

News

Uttam Value Steels delisting leaves investors in lurch

Uttam Value Steels will be delisted from both the exchanges from Tuesday

Visa & immigration rules: New data centre policy to simplify rules, attract capital

Focus on ease of doing business by way of fast clearances; cheap, clean power

Visa & immigration rules: Joe Biden win to cheer Indian students

New Delhi: The victory of Joe Biden in the US presidential election could pave the way for some relief for Indian students and the education community.

Air India disinvestment: Has the government done enough to sweeten the deal for suitors?

Air India Sale: The recent tweak in terms may bring some respite. But is it enough to entice suitors to the table?

Businessman Shetty seeks India probe of NMC, Finablr ex-CEOs over $6 bln scandal

MUMBAI/DUBAI, Oct 12 (Reuters) – Indian entrepreneur BR Shetty has filed a complaint with federal investigative agencies in India seeking a probe into two former top executives of his companies and two Indian banks related to a multibillion dollar financial scandal engulfing his group.

Businessman Shetty seeks India probe of NMC, Finablr ex-CEOs over $6 billion scandal

MUMBAI/DUBAI (Reuters) – Indian entrepreneur BR Shetty has filed a complaint with federal investigative agencies in India seeking a probe into two former top executives of his companies and two Indian banks related to a multibillion dollar financial scandal engulfing his group.

UAE Bizman Shetty Seeks CBI, ED Probe into ‘Fraud’ at His Cos

Two former top execs connived with bankers and auditors to launder money, he alleges

BR Shetty seeks probe by CBI, ED into $6 billion ‘fraud’ in his companies

The founder of hospital chain NMC Healthcare and UAE Exchange has sent a written complaint to the Central Bureau of Investigation and Enforcement Directorate, urging them to probe the alleged embezzlement, corruption and laundering of money of his companies.

BR Shetty accuses Indian banks of collusion in embezzlement of funds

Charges against Shetty, the founder of NMC Health, a healthcare provider in the United Arab Emirates (UAE), include under-reporting of debt and not using it for the purpose they were raised for

Why Encumbered Assets Not Being Monetised: Wadhawans

Aircraft, yacht losing value daily, no steps taken to sell them despite giving consent, they say

Explained | Aircraft (Amendment) Bill 2020 gives teeth to DGCA, just like Companies Act 2013 did to SFIO

The 2013 Act empowered the Serious Fraud Investigation Office to make arrests. In a similar manner, the DGCA will now be empowered to keep a closer check on erring airlines and airport operators

For India Inc HQ, it’s still home office

MUMBAI: The Maharashtra government may have relaxed office attendance rules further to 30%.