After telecom giant Vodafone, it is now the turn of another cross-border merger involving Indian assets to have landed in a tax tangle. Sanofi-Aventis, which picked up a majority stake in the unlisted Hyderabad-headquartered pharma major Shantha Biot
THE Secretary of the Indian Ministry of Corporate Affairs, Mr R Bandhopadyay, had recently visited Canberra and Sydney and held fruitful talks with the Australian regulatory authorities on a variety of issues. The Indian delegation had extensive disc
The Institute of Chartered Accountants of India has expressed concern over the inordinate delay in preparation, finalisation and audit of the accounts of many government companies and other State-owned enterprises, which results in financial mismanag
On a petition by shareholders of the company and a section of employees, the CLB Bench based in Chennai and chaired by Ms Lizamma Augustine, in its November 8 order, directed that the affairs of the company would be looked after by the management com
More trouble seems to be in store for telecom minister A Raja, with the income-tax department resuming a probe on whether his ministry was involved in any irregularity while allocating the 2G spectrum to new players. According to an official of the
“Around 2.5 lakh staffers of SBI, including 80,000 officers, will go on a two day strike from November 25 to protest against the new pension scheme and to press for redressal of wage related issues,” General Secretary of All India State Bank Officers
Worried over reports of alleged corruption especially in issuing refunds to taxpayers, the Income Tax Department has brought its own officials under strict vigilance scanner and has issued instructions to the top brass to constantly monitor the proce
In an additional affidavit, the RBI reiterated before the Division Bench, comprising Chief Justice J. Chelameswar and Justice P.R. Ramachandra Menon, that non-banking financial companies were required to comply with all requirements of the RBI Act an
Flat owners needn’t dread nasty surprises like builders blocking their view or taking over their gardens by constructing new buildings on their premises. In an important order, the Bombay High Court has said developers cannot construct new buildings—
A high-level delegation from Ministry of Corporate Affairs headed by Shri R. Bandyopadhyay, Secretary, Ministry of Corporate Affairs visited Canberra and Sydney from 9th November – 12th November, 2010 and had in depth interactions with Senior Federal
