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SEBI To Pay Upto Rs 20 Lakh For Tips On Defaulters
Sebi said that the amount of reward granted to the informant will be paid from the Investor Protection and Education Fund.
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Twitter Sued for $1.6 Million by Advisory Firm Over Unpaid Bills After Elon Musk Acquisition
Innisfree M&A Incorporated, a US-based advisory firm, sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million (roughly Rs. 15.7 crore) for what it says are unpaid bills after it advised the social media company on its acquisition by Elon Musk last year. "As of December 23, 2022, Twitter remains in default of its obligatio...
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Jaypee Group's Flagship Firm Defaults On Rs 4,059 Crore Loans: Report
Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount, Press Trust of India reported.
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Debt-Ridden Future Enterprises Defaults On Rs 126 Crore In September
Debt-ridden Future Enterprises Ltd has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35 crore for NCDs and Rs 27.78 crore to banks.
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Google Said to Pay Apple $15 Billion to Remain Default Search Engine on Safari in 2021
Google may have to keep paying increasing amounts of money to Apple to stay on as the default search engine on Safari. Bernstein analysts have reportedly said Google will be shelling out $15 billion for FY 2021.
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Central Probe Agency Arrests Two Of Its Own Officials In Bribery Case
The Central Bureau of Investigation (CBI) has arrested two of its own officials, senior police officer RK Rishi and Inspector Kapil Dhankad, in connection with a bribery case. They have been accused of trying to influence an ongoing bank fraud investigation against two companies whose loan default amount runs into a few thousand crores.
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Top Court Gives Telecom Firms 10 Years To Pay Dues, Contempt If Default
The Supreme Court on Tuesday gave telecom companies 10 years to clear huge dues owed to the government, called adjusted gross revenue (AGR), amounting to about Rs 1.6 lakh crore, in staggered payments. A three-judge bench of the top court said telecom companies must pay 10 per cent of the dues by March 31 next year. The Supreme Court rejected a 20-...
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Not Paying GST Compensation To States "Amounts To Sovereign Default": Congress
The Congress on Tuesday accused the Centre of committing a "sovereign default" by not paying GST compensation to states as mandated under the law and demanded that they be compensated soon.
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Delhi Government Warns Of Strict Action Against Firms Defaulting On Tax
The Delhi government has warned tax defaulters of stringent action as it found that 10,800 companies did not pass on the full amount they collected from people as taxes, an official statement said.
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51 Absconders Who Flee Country Defrauded Over Rs 17,900 Crore: Centre
A total amount of Rs 17,900 crore was defrauded by 51 absconders, who have run away from the country, the government informed Parliament on Tuesday.
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Bank Notice Against Madhya Pradesh Speaker's Sons Over Unpaid Loans
A notice to recover unpaid loan dues amounting to Rs 42.22 lakh from the two sons of Madhya Pradesh Assembly Speaker Narmada Prasad Prajapati was published by a bank on Sunday.
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Lenders Meet On Altico's Potential Restructuring Deal Next Week: Report
A regulatory filing disclosed the Altico had defaulted on the gross principal amount of Rs 340 crore. The interest payment comes to Rs 19.97 crore.
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Oriental Bank Reveals Loan Exposure To Nirav Modi, Mehul Choksi
The Oriental Bank has now issued notices declaring the duo and their companies as 'Willful Defaulters' for varying loan amounts, totaling to around Rs 289 crore, at their large corporate branch, Cuffe Parade in Mumbai.
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Late Payment Charges For Post Office Recurring Deposit (RD), Other Rules Here
RD Late Payment fees: If in any RD account, there is monthly default amount, the depositor has to first pay the defaulted monthly deposit with default fee and then pay the current month deposit.
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IL&FS Operational Creditors Seek Renewal Of Bank Guarantees
In its previous, the NCLAT bench said that IL&FS should distribute funds to small creditors, in a manner that 80% of their entitled amounts are paid
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SEBI To Pay Upto Rs 20 Lakh For Tips On Defaulters
Sebi said that the amount of reward granted to the informant will be paid from the Investor Protection and Education Fund.
-
Twitter Sued for $1.6 Million by Advisory Firm Over Unpaid Bills After Elon Musk Acquisition
Innisfree M&A Incorporated, a US-based advisory firm, sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million (roughly Rs. 15.7 crore) for what it says are unpaid bills after it advised the social media company on its acquisition by Elon Musk last year. "As of December 23, 2022, Twitter remains in default of its obligatio...
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Jaypee Group's Flagship Firm Defaults On Rs 4,059 Crore Loans: Report
Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount, Press Trust of India reported.
-
Debt-Ridden Future Enterprises Defaults On Rs 126 Crore In September
Debt-ridden Future Enterprises Ltd has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35 crore for NCDs and Rs 27.78 crore to banks.
-
Google Said to Pay Apple $15 Billion to Remain Default Search Engine on Safari in 2021
Google may have to keep paying increasing amounts of money to Apple to stay on as the default search engine on Safari. Bernstein analysts have reportedly said Google will be shelling out $15 billion for FY 2021.
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Central Probe Agency Arrests Two Of Its Own Officials In Bribery Case
The Central Bureau of Investigation (CBI) has arrested two of its own officials, senior police officer RK Rishi and Inspector Kapil Dhankad, in connection with a bribery case. They have been accused of trying to influence an ongoing bank fraud investigation against two companies whose loan default amount runs into a few thousand crores.
-
Top Court Gives Telecom Firms 10 Years To Pay Dues, Contempt If Default
The Supreme Court on Tuesday gave telecom companies 10 years to clear huge dues owed to the government, called adjusted gross revenue (AGR), amounting to about Rs 1.6 lakh crore, in staggered payments. A three-judge bench of the top court said telecom companies must pay 10 per cent of the dues by March 31 next year. The Supreme Court rejected a 20-...
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Not Paying GST Compensation To States "Amounts To Sovereign Default": Congress
The Congress on Tuesday accused the Centre of committing a "sovereign default" by not paying GST compensation to states as mandated under the law and demanded that they be compensated soon.
-
Delhi Government Warns Of Strict Action Against Firms Defaulting On Tax
The Delhi government has warned tax defaulters of stringent action as it found that 10,800 companies did not pass on the full amount they collected from people as taxes, an official statement said.
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51 Absconders Who Flee Country Defrauded Over Rs 17,900 Crore: Centre
A total amount of Rs 17,900 crore was defrauded by 51 absconders, who have run away from the country, the government informed Parliament on Tuesday.
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Bank Notice Against Madhya Pradesh Speaker's Sons Over Unpaid Loans
A notice to recover unpaid loan dues amounting to Rs 42.22 lakh from the two sons of Madhya Pradesh Assembly Speaker Narmada Prasad Prajapati was published by a bank on Sunday.
-
Lenders Meet On Altico's Potential Restructuring Deal Next Week: Report
A regulatory filing disclosed the Altico had defaulted on the gross principal amount of Rs 340 crore. The interest payment comes to Rs 19.97 crore.
-
Oriental Bank Reveals Loan Exposure To Nirav Modi, Mehul Choksi
The Oriental Bank has now issued notices declaring the duo and their companies as 'Willful Defaulters' for varying loan amounts, totaling to around Rs 289 crore, at their large corporate branch, Cuffe Parade in Mumbai.
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Late Payment Charges For Post Office Recurring Deposit (RD), Other Rules Here
RD Late Payment fees: If in any RD account, there is monthly default amount, the depositor has to first pay the defaulted monthly deposit with default fee and then pay the current month deposit.
-
IL&FS Operational Creditors Seek Renewal Of Bank Guarantees
In its previous, the NCLAT bench said that IL&FS should distribute funds to small creditors, in a manner that 80% of their entitled amounts are paid
