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Tarun Sharma

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HC refuses to stay Dec 31 deadline for Kotak Mahindra Bank promoter stake dilution

BUSINESS

HC refuses to stay Dec 31 deadline for Kotak Mahindra Bank promoter stake dilution

This means that the bank will have to reduce promoter stake by 10 percent in the next 15 days or risk facing action from the RBI.

MCA to crack down on 3 dozen companies for failing to repay deposit-holders

BUSINESS

MCA to crack down on 3 dozen companies for failing to repay deposit-holders

In the first phase of the probe, the Western Regional office has started a probe against Pratibha Industries, Valecha Engineering and Yash Birla Group.

SEBI relaxes norms for clubbing of investment limits by foreign portfolio investors

BUSINESS

SEBI relaxes norms for clubbing of investment limits by foreign portfolio investors

SEBI also approved use of offer for sale (OFS) route for companies with m-cap of Rs 1,000 crore. Currently, the OFS route can only be accessed by top 200 companies.

Govt official suspended for allegedly tampering with votes in Rajasthan's Hanumangarh constituency

POLITICS

Govt official suspended for allegedly tampering with votes in Rajasthan's Hanumangarh constituency

District Collector and Election Officer from Hanumangarh confirmed the news and told Moneycontrol that an FIR has been filed against the official.

Revealed | SFIO interim report blows the lid off extent of fraud in IL&FS

BUSINESS

Revealed | SFIO interim report blows the lid off extent of fraud in IL&FS

Moneycontrol has reviewed the SFIO interim report the MCA submitted to the National Company Law Tribunal Mumbai.

NCLT attaches properties of 9 former IL&FS directors; seeks disclosure of all assets

BUSINESS

NCLT attaches properties of 9 former IL&FS directors; seeks disclosure of all assets

The tribunal has directed them to disclose movable and immovable assets and ensure no one creates any third party rights on these properties.

Debt crisis: MCA names top IL&FS execs, 302 group cos as respondents to case

BUSINESS

Debt crisis: MCA names top IL&FS execs, 302 group cos as respondents to case

The report is based on an ongoing probe by the Serious Fraud Investigation Office (SFIO).

Big names likely to feature in SFIO report on IL&FS

BUSINESS

Big names likely to feature in SFIO report on IL&FS

As many as six high-profile executives, not belonging to IL&FS, are likely to be named in the interim report, a source said.

SEBI to extend commodity trading hours soon

BUSINESS

SEBI to extend commodity trading hours soon

It is also considering extending the closing time of the agri commodity market by 4 hours to 9 pm.

I challenge BJP to declare data on quantity of crop being procured at MSP: Sachin Pilot

POLITICS

I challenge BJP to declare data on quantity of crop being procured at MSP: Sachin Pilot

Pilot feels that Vasundhara Raje betrayed the people of Rajasthan

BJP is confident of forming the govt in Rajasthan under Vasundhara Raje: Gajendra Singh Shekhawat

POLITICS

BJP is confident of forming the govt in Rajasthan under Vasundhara Raje: Gajendra Singh Shekhawat

The main motto of the MSP policy is that most farmers get maximum benefit, said the Minister of State for Agriculture and Farmer Welfare

Speed and scale of governance in Rajasthan over last 5 years is unprecedented, says BJP minister PP Chaudhary

POLITICS

Speed and scale of governance in Rajasthan over last 5 years is unprecedented, says BJP minister PP Chaudhary

Moneycontrol spoke to Union Minister of State for Law and Justice and the Ministry of Corporate Affairs, PP Chaudhary

Rajasthan Assembly Polls 2018: Rameshwar Lal Dudi slams BJP on farmer distress, unemployment

POLITICS

Rajasthan Assembly Polls 2018: Rameshwar Lal Dudi slams BJP on farmer distress, unemployment

The Leader of Opposition in the Rajasthan assembly even hinted at a chief ministerial candidate from the farmer community

Rajasthan Assembly Polls 2018: Bikaner MLA seats become a case of rotating chairs for Congress

POLITICS

Rajasthan Assembly Polls 2018: Bikaner MLA seats become a case of rotating chairs for Congress

Leader of Opposition Rameshwar Lal Dudi earlier announced that he will not contest elections if Kanhaiya Lal Jhanwar is not given a ticket from Bikaner East.

BJP's fate hangs in the balance in Rajasthan's Jodhpur, region it swept in 2013

POLITICS

BJP's fate hangs in the balance in Rajasthan's Jodhpur, region it swept in 2013

Moneycontrol travelled to Jodhpur district to understand the ground sentiment. The district has significant Jat and Rajput population

Happy with MSP, grappling with corruption: Farmers in Bikaner laud govt initiative, hope for better infra

POLITICS

Happy with MSP, grappling with corruption: Farmers in Bikaner laud govt initiative, hope for better infra

Ahead of the state going to polls on December 7, a Moneycontrol team visited the district farmer's market to interact with traders as well as farmers

Sachin Pilot-Ashok Gehlot rift a myth propagated by BJP, says chief Congress spokesperson

POLITICS

Sachin Pilot-Ashok Gehlot rift a myth propagated by BJP, says chief Congress spokesperson

Randeep Singh Surjewala said people in Rajasthan will go beyond caste equations to give a proper reply to the BJP by defeating them

BJP unit of Rajasthan is now a one-woman show: Rebel MLA Ghanshyam Tiwari

BUSINESS

BJP unit of Rajasthan is now a one-woman show: Rebel MLA Ghanshyam Tiwari

Tiwari, a known face in the state, was a close aide of former prime minister Atal Bihari Vajpayee and former vice-president Bhairon Singh Shekhawat. He has formed a new party called 'Bharat Vahini'

Rajasthan Assembly Polls 2018: Congress does not want to contest on real issues, says Arjun Ram Meghwal

POLITICS

Rajasthan Assembly Polls 2018: Congress does not want to contest on real issues, says Arjun Ram Meghwal

Meghwal took potshots at Congress' strategy leading up to the polls and pilloried them for their lack of vision.

Exclusive: FinMin fears major NBFC default without liquidity lifeline; says situation fragile

BUSINESS

Exclusive: FinMin fears major NBFC default without liquidity lifeline; says situation fragile

An October 26 letter by the Department of Economic Affairs Secretary lays bare the Finance Ministry's worries.

New board to execute IL&FS' revival plan in 6-9 months

BUSINESS

New board to execute IL&FS' revival plan in 6-9 months

"The government has set an informal time period of six months for reviving the company. However, board has decided to do it by early January,” a source told Moneycontrol.

Did SBI, LIC, Central Bank nominees apprise companies of IL&FS mismanagement? MCA may seek probe

BUSINESS

Did SBI, LIC, Central Bank nominees apprise companies of IL&FS mismanagement? MCA may seek probe

A source told Moneycontrol that the MCA may take a view on this even as the SFIO is already looking into charges of mismanagement at IL&FS.

MCA probes DY Patil group cos on suspicion of fudging books, accepting capitation fee: Sources

BUSINESS

MCA probes DY Patil group cos on suspicion of fudging books, accepting capitation fee: Sources

The Ministry of Corporate Affairs has started an inspection of the books of four companies belonging to the DY Patil Group.

Govt may accept SEBI proposal of sectoral regulator for gold spot exchange

BUSINESS

Govt may accept SEBI proposal of sectoral regulator for gold spot exchange

SEBI told the government it currently does not have the skill set required to regulate a spot market.

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