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Rakesh Jhunjhunwala being probed for insider trading

Sebi issues summons to investor Jhunjhunwala, some family members and Aptech directors.
The Economic Times



Corporates cut back on business with Oyo because of service, quality issues

Owing to multiple issues hovering around Oyo Hotels & Homes ranging from safety and security of women to service and quality issues, several companies including L&T Infotech, Vodafone Idea, TCS and others have cut back on their business with Softbank-powered Oyo. As a result, Oyo’s corporate business has stayed flat over the past one year.

The NBFC issue is both a problem and an opportunity: BoB chief

Project lending and NBFCs may be no-no for some lenders. But these segments op...

European Parliament debates issues of its choice: Foreign Ministers' Dean

European Parliament has the right to debate any issue of its choice...

ET Prime Distribution
  • The miner's comment came after the CAG of India, in a report, said that six, out of seven coal producing subsidiaries of CIL, did not formulate environmental policies as mandated by Ministry of Environment, Forest and Climate Change. The world's largest coal miner is expecting to achieve a double digit growth in production for January 2020.

    SC issues notice to the Centre over NPR. Also, there won’t be any stay on the NPR as of now.TIMES NOW's Sneha with more details on the SC de...

    The Supreme Court on Monday issued notices on a fresh petition challenging the National Population Register (NPR) as violative of a citizen’s fundamental right to privacy, and also the parent act which provides for dual citizenship.

    The powerful bloc of 28 nations is set to debate and vote on a motion tabled by a large chunk of its members against India's new citizenship law, which it alleges marks a "dangerous shift" in the country's citizenship regime. A total of six resolutions have been tabled by groups within the European Union.

    The notes under the programme have been issued at a coupon rate of 3.95 per cent.

    The government on Monday signed an accord with one of the dreaded insurgent groups of Assam -- the National Democratic Front of Boroland (NDFB) -- providing political and economic bonanza. The All Bodo Students' Union (ABSU), which has been spearheading a movement for a Bodoland state was also signatory to the accord.

    The people will be thrilled to know that insurgency in the northeast has reduced considerably and the biggest reason for that is that every issue of the region is honestly and peacefully solved through dialogue, the PM said in his Mann Ki Baat address on Sunday.

    As per the USFDA, a Form 483 is issued to Biocon's management at the conclusion of an inspection when investigator has observed any conditions that in its judgement may constitute violations of the Food Drug and Cosmetic Act and related Acts. At the conclusion of the inspection of the Bengaluru facility, USFDA issued a Form 483, with 5 observations.

    "The sluggishness of the vehicle market in the country is going to be short-lived. We hope that sales of passenger vehicles will record pace by July-August before the festive season," Tata Motors president (passenger vehicles business unit), Mayank Pareek said.

    The differences between co-founders and co-promoters -- Rakesh Gangwal and Rahul Bhatia -- came to the fore in July 2019 after Gangwal sought market regulator Sebi's intervention to address alleged corporate governance lapses at the company. In the wake of the feud, arbitration proceedings are also going overseas between the two promoters' sides.

    Violence never resolves any issue and no problem can be worked out by creating another, Prime Minister Narendra Modi said on Sunday in his monthly 'Mann ki Baat' radio address - the first of the year.

    With stakeholder capitalism gaining traction, the push to closely align executive pay to a company's performance on environmental, social and governance (ESG)-related criteria is gaining ground.

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