The tribunal also allowed both parties Shivinder Singh and his wife Aditi Singh and other party Malvinder Singh to inspect documents and take photocopies of the records of RHC Holdings.
In a BSE filing, the company informed "re designation of Sunil Godhwani as Whole Time Director and CEO of the company for the remaining period of tenure." The decision was taken at the company's AGM, which was presided over by Malvinder Mohan Singh, Non Executive Chairman, Religare Enterprises Ltd.
As per the scheme of arrangement, the existing operating businesses--Lending, Health Insurance and Capital markets will be listed as three separate entities.
According to Sunil Godhwani, Chairman & MD, Religare Enterprises, overall the Budget is a good and well balanced one. The narrative is structured and elaborate and has attempted to do everything by ticking almost all the right boxes.
As it prepares a new regulatory framework for startups and alternative investments, regulator Sebi on Thursday set up an 18-member panel headed by IT czar NR Narayana Murthy to advise on policy matters in this regard.
Foreign investors poured in over Rs 24,500 crore in Indian capital markets last month and analysts expect the inflows to rise after the Union Budget sought to address concerns on controversial issues like GAAR and retrospective taxation.
Billionaires Malvinder and Shivinder are relentless in their efforts to make Fortis Healthcare a global player. Will they succeed?
Ahead of the credit policy on January 24, word on the street is the RBI will leave interest rates unchanged as it continues its hawk eye view on inflation.
One of India's most ambitious and diversified financial services groups, Religare Enterprises, is a group that is eying a banking license and a group that believes it should get a banking license, says the chairman and managing director Sunil Godhwani.
Financial services provider Religare Enterprises today said it has set up an advisory panel that would help it in foraying into the banking sector.
Yesterday, the Reserve Bank of India released the Draft Guidelines for "Licensing of New Banks in the Private Sector". Experts speak about the contentious issues in the guidelines and give their outlook going forward.