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Rights Issue Used To Pay Ransom? SEBI Bans Seacoast Shipping From Raising Funds For 5 Years
The Securities and Exchange Board of India (SEBI) has barred Seacoast Shipping Services Limited (SSSL) and its key officials from raising funds from investors for five years, after finding the company guilty of diverting rights issue proceeds.
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PNB Scam: No Lender Issued Fake LoUs Barring PNB, Says SBI Official
All PSBs have checked issued LoUs, and there are no other unauthorised LoUs except those issued by PNB, says senior SBI official, PTI reported.
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Satyam Case: Sebi Bars Price Waterhouse Entities from Issuing Audit Certificates
The market regulator's order comes nearly nine years after the scam at Satyam Computer Services came to light and after two failed attempts by auditor major Price Waterhouse to settle the case through consent mechanism.
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Quick Verification Ordered Against Kerala Congress Leader KM Mani
The Vigilance and anti-corruption bureau noose around Kerala Congress (M) leader and former state Finance Minister KM Mani seems to be tightening further with a special court today ordering a Quick Verification on charges of corruption in the conduct of a mass marriage ceremony by his party in October 2014.
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Stormy Budget Session Ahead in Kerala
The Budget session of Kerala Assembly, scheduled to begin on March 6 with th Governor's address, is likely to be stormy with CPI(M)-led LDF Opposition determined to take on the government on a host of issues including the bar bribery and solar scams.
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Rights Issue Used To Pay Ransom? SEBI Bans Seacoast Shipping From Raising Funds For 5 Years
The Securities and Exchange Board of India (SEBI) has barred Seacoast Shipping Services Limited (SSSL) and its key officials from raising funds from investors for five years, after finding the company guilty of diverting rights issue proceeds.
-
PNB Scam: No Lender Issued Fake LoUs Barring PNB, Says SBI Official
All PSBs have checked issued LoUs, and there are no other unauthorised LoUs except those issued by PNB, says senior SBI official, PTI reported.
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Satyam Case: Sebi Bars Price Waterhouse Entities from Issuing Audit Certificates
The market regulator's order comes nearly nine years after the scam at Satyam Computer Services came to light and after two failed attempts by auditor major Price Waterhouse to settle the case through consent mechanism.
-
Quick Verification Ordered Against Kerala Congress Leader KM Mani
The Vigilance and anti-corruption bureau noose around Kerala Congress (M) leader and former state Finance Minister KM Mani seems to be tightening further with a special court today ordering a Quick Verification on charges of corruption in the conduct of a mass marriage ceremony by his party in October 2014.
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Stormy Budget Session Ahead in Kerala
The Budget session of Kerala Assembly, scheduled to begin on March 6 with th Governor's address, is likely to be stormy with CPI(M)-led LDF Opposition determined to take on the government on a host of issues including the bar bribery and solar scams.
