directors

  1. Vedanta to raise Rs 1,000 crore through debentures

    Vedanta to raise Rs 1,000 crore through debentures

    New Delhi: Mining group Vedanta Ltd on Thursday said it plans to raise up to Rs 1,000 crore by issuing debentures.Its directors have approved the allotment of 1,00,000 non-convertible debentures worth Rs 1,000 crore on private placement basis, the company said in a regulatory filing.The duly...
  2. Power Grid Corp board approves plan to increase borrowing limit to Rs 15k crore for FY25

    Power Grid Corp board approves plan to increase borrowing limit to Rs 15k crore for FY25

    New Delhi: State-owned Power Grid Corporation's board on Wednesday approved a proposal to increase the borrowing limit for 2024-25 from Rs 12,000 crore to Rs 15,000 crore through various instruments.The board has also fixed the borrowing limit for 2025-26 at Rs 16,000 crore.The Board of...
  3. SEBI invites public comments on proposed amendments to REIT, InvIT rules

    SEBI invites public comments on proposed amendments to REIT, InvIT rules

    New Delhi Capital markets regulator Sebi on Tuesday said it had sought public opinion on the proposed amendments to the master circulars for REITs and InvITs.In a consultation paper, Sebi said these amendments will provide clarity on the nomination rights of directors to the boards of...
  4. Kalpataru Projects International board increases fund limit through NCDs to Rs 1,600 crore

    Kalpataru Projects International board increases fund limit through NCDs to Rs 1,600 crore

    New Delhi, Kalpataru Projects International Ltd (KPIL) on Tuesday said its board has approved a proposal to increase the limit for raising funds through issuance of NCDs to Rs 1,600 crore.As of today, the company has outstanding non-convertible debentures (NCDs) worth Rs 1,298 crore."The...
  5. Health Minister reviews preparedness of Delhi government hospitals to deal with dengue

    Health Minister reviews preparedness of Delhi government hospitals to deal with dengue

    New Delhi: Delhi Health Minister Saurabh Bhardwaj on Monday reviewed the preparedness to deal with dengue in the national capital and issued instructions to take preventive measures.Bhardwaj held a meeting with medical directors and superintendents of government hospitals in the city to tackle...
  6. Saurabh Bhardwaj will chair the review meeting on preparations to deal with dengue.

    Saurabh Bhardwaj will chair the review meeting on preparations to deal with dengue.

    New Delhi: Delhi Health Minister Saurabh Bhardwaj will hold a meeting with medical directors and superintendents of government hospitals on Monday on preparedness to deal with dengue, officials said here.He said that the meeting will be held in Delhi Secretariat."The meeting will be held...
  7. Network18 reshuffle: Adil Zainulbhai re-appointed chairman

    Network18 reshuffle: Adil Zainulbhai re-appointed chairman

    New Delhi, Former McKinsey India head Adil Zainulbhai has been re-appointed chairman of Network18, billionaire Mukesh Ambani's listed media company, while veteran journalist Rahul Joshi has been given another three-year term as CEO .Zainulbhai is currently an independent director on the board...
  8. Israel increases quota for foreign workers by 14,300

    Israel increases quota for foreign workers by 14,300

    Tel Aviv [Israel], Israel's Committee of Directors General on Foreign Workers, chaired by Yossi Shelley, Director General of the Prime Minister's Office, has approved additional quotas for more than 14,300 foreign workers to come to Israel to address the labor shortage. . From the ongoing war...
  9. ED arrests three including CA for fraudulently taking over bankrupt company

    ED arrests three including CA for fraudulently taking over bankrupt company

    New Delhi: The ED on Wednesday said it arrested three people, including a chartered accountant and a resolution professional, as part of a money laundering probe related to an alleged bank loan fraud linked to the recovery of control of a company NCLT insolvent.Chartered accountant (CA) Rakesh...
  10. SEBI warns public against dealing in assets of HBN Dairies & Allied

    SEBI warns public against dealing in assets of HBN Dairies & Allied

    New Delhi, Market regulator SEBI has cautioned the public against dealing in any property related to HBN Dairies & Allied Ltd.The warning came after the Supreme Court, in its order dated May 14, 2024, authorized the Securities and Exchange Board of India (SEBI) to sell the assets of HBN...
  11. NTPC board has approved raising Rs 12,000 crore through NCDs.

    NTPC board has approved raising Rs 12,000 crore through NCDs.

    NTPC said in a regulatory filing, “The Board of Directors of the company, at its meeting held on Saturday, June 29, approved the issue of secured/unsecured, redeemable, taxable/tax-free, cumulative Is. /Non-cumulative, non-convertible debentures ('Bonds/NCDs') up to Rs 12,000 crore in one or...
  12. FSIB recommends CS Shetty as SBI chairman

    FSIB recommends CS Shetty as SBI chairman

    New Delhi: The Financial Services Institutions Bureau (FSIB) on Saturday selected SBI's senior-most managing director C S Setty for the post of SBI Chairman.Setty is currently the Managing Director of SBI, looking after the International Banking, Global Markets and Technology verticals.He...
  13. Bank fraud: ED seizes luxury cars, freezes 140 accounts after raid against Mumbai group

    Bank fraud: ED seizes luxury cars, freezes 140 accounts after raid against Mumbai group

    New Delhi, luxury cars such as Mercedes Benz and Lexus, and watch brands such as Rolex and Hublot, besides more than 140 bank accounts and lockers, were seized after the ED raided a Mumbai-based business group in a alleged bank loan fraud of Rs 975 million related to money. wash case.The...
  14. Delhi HC suspends lookout circular, allows businessman to travel abroad

    Delhi HC suspends lookout circular, allows businessman to travel abroad

    New Delhi [India], The Delhi High Court has recently allowed a businessman, Umesh Shahra, to travel abroad by suspending the look-out circular (LOC) issued against him, following the view taken by the Bombay High Court in the judgment of 'Viraj Chetan Shah vs. Union of India & Ors.', in which...
  15. UltraTech Cement will buy 23 percent stake in India Cements for Rs 1885 crore.

    UltraTech Cement will buy 23 percent stake in India Cements for Rs 1885 crore.

    Mumbai (Maharashtra) [India], The Board of Directors of UltraTech Cement Limited, at its meeting held on Thursday, approved financial investment to acquire 7.06 crore equity shares in The India Cements Limited (ICL).The move aims to secure approximately 23 per cent of the equity share capital...
  16. Naik resigns as chairman of listed entities LTIMindtree, LTTS; SN Subramanian appointed new president

    Naik resigns as chairman of listed entities LTIMindtree, LTTS; SN Subramanian appointed new president

    New Delhi: Industry veteran A M Naik has decided to step down as chairman of LTIMindtree as well as L&T Technology Services, and S N Subrahmanyan will take over as chairman in his place from June 27, the two companies said in separate statements. .Naik, affectionately known as AMN, has been...
  17. AM Naik to step down from the post of LTTS President; SN Subramanian will take over the leadership

    AM Naik to step down from the post of LTTS President; SN Subramanian will take over the leadership

    In Mumbai (Maharashtra) [India], AM Naik announced his decision to resign as Chairman of the company at the end of the 12th Annual General Meeting (AGM) of Larsen & Toubro Technology Services (LTTS) on June 26.According to a press release, the board of directors of LTTS, in a meeting held on...
  18. Government report finds no financial fraud at Byju's but lapses in corporate governance

    Government report finds no financial fraud at Byju's but lapses in corporate governance

    However, the company suffered failures in its corporate governance structure, the government added.The investigation by the Ministry of Corporate Affairs (MCA) concluded that the allegations of account manipulation and siphoning of funds against Byju's "are unsustainable" and as such, referral...
  19. SEBI issues guidelines on composition, responsibilities of MII's committees

    SEBI issues guidelines on composition, responsibilities of MII's committees

    New Delhi: Markets regulator Sebi on Tuesday revised its supervisory framework for stock exchanges and other market infrastructure institutions (IMIs), defining the structure and responsibilities of various statutory committees to improve governance.These guidelines are based on the...
  20. FSIB will conduct interviews for the post of SBI Chairman on June 29.

    FSIB will conduct interviews for the post of SBI Chairman on June 29.

    New Delhi: FSIB, which searches for directors of state-owned banks and financial institutions, is scheduled to conduct interviews to select a suitable candidate for the post of chairman of State Bank of India (SBI).Last month, the interview was unexpectedly postponed without any specific...
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