New Delhi, Coffee Day Enterprises Ltd has reported a total default of Rs 433.91 crore in interest payments and repayment of principal amount on loans from banks, financial institutions and unlisted debt securities like NCD and NCRPS for the quarter being ended June 30, 2024.Coffee Day...
New Delhi, markets regulator Sebi on Tuesday mandated email as the default mode of submission of 'Consolidated Statement of Account', which provides an account of securities traded by an investor, by depositories and transfer and registration agents. mutual funds (MF-RTA).The new framework...
New Delhi, markets regulator Sebi on Thursday released new guidelines regarding contributions of various entities to the coreLimited Purpose Clearing Corporation (LPCC) liquidation guarantee fund.A Core Settlement Guarantee Fund (SGF) is a corpus used for settlement of trades during defaults...
New Delhi: Capital markets regulator Sebi on Wednesday fined seven entities, including Reliance Infrastructure, Reliance Power and Incredible Realcon, for not submitting no default statements (NDS) to credit rating agencies.The regulator imposed a fine of Rs 1 crore on Reliance Infrastructure...
New Delhi: The National Company Law Tribunal (NCLT) has ordered initiation of insolvency proceedings against Supertech Realtors, which is developing a residential apartments, offices, retail and luxury hotel in its Supernova project.The two-member Delhi bench of NCLT accepted the bankruptcy...
The tech billionaire made all likes private by default to help people avoid retaliation from trolls and "better protect user privacy."In a recent post on X, he said there was a "huge increase in likes after being made private."After this change, X users will not be able to see the posts that...
New Delhi: The National Company Law Tribunal (NCLT), while accepting Jammu and Kashmir Bank's plea for default in corporate guarantee given to LEL Electricals, has directed initiation of insolvency proceedings against Himalayan Mineral Waters.The Allahabad bench of NCLT has also appointed...
New Delhi: NCLT, which on Monday ordered initiation of insolvency proceedings against Jaiprakash Associates Ltd (JAL), rejected the company's contention that it faced liquidity crunch mainly due to delay in government approvals. And there was default in repayment of loan due to protracted...
Justice Swarn Kanta Sharma sought a status report from the ED on the case and scheduled the hearing for July 9.Jain's plea challenges the trial court's May 15 order, which had rejected his bail request.He argues that the ED failed to complete its investigation within the statutory period and...
New Delhi [India], The Delhi High Court on Tuesday issued a notice to the Enforcement Directorate on the default bail plea of Aam Aadmi Party (AAP) leader Satyendra Kumar Jain in a money laundering case. Satyendra Jain has challenged the May 15 order of Delhi's Rouse Avenue Court, in which...
New Delhi: The Delhi High Court on Tuesday asked the Enforcement Directorate to respond to the plea seeking default bail of former minister Satyendar Jain, jailed in a money laundering case.Justice Swarnkant Sharma issued notice to ED and asked it to file a status report on the case.The...
New Delhi [India], Aam Aadmi Party (AAP) leader Satyendra Kumar Jain moves Delhi High Court seeking default bail in Enforcement Directorate money laundering case, Satyendra Jain passed on May 15, Rouse Avenue, Delhi Challenged the court order, which was refused. Jain argued through this default...
COLOMBO: Sri Lanka has maintained strict fiscal discipline while taking unpopular decisions to facilitate economic recovery and has continued to repay multilateral debt despite announcing a default in 2022, state Finance Minister Ranjith Siyambalapitiya said on Thursday.He said loans worth...
LONDON (AP) — The UK government will require all internet-connected smart devices to meet minimum security standards under a "world-first law" taking effect Monday to protect consumers and businesses from cyber attacks by hacking.Under the new arrangement, manufacturers will be banned from...
New Delhi: A Delhi court has rejected the default bail plea of former Unitech promoters Sanjay Chandra and Ajay Chandra in a money laundering case related to defrauding several home buyers of several crores of rupees.The Enforcement Directorate had registered the case on the basis of more...
New Delhi [India], Delhi's Patiala House Court has rejected the default bail plea of former Unitech promoters Sanjay Chandra and Ajay Chandra in connection with the money laundering case registered by the Enforcement Directorate (ED). The Case Information Report (ECIR) was filed in 2018 on the...
New Delhi: The National Company Law Appellate Tribunal (NCLAT) has upheld the insolvency proceedings against Tulip Hotels, which had defaulted on corporate guarantees of Rs 450 crore given to Cox & Kings and EasyGo One Travel & Tours.On May 16, 2023, the Mumbai bench of the National Company...