Future Publishing Date : May 30, 2013
Interview of Aravind Sitaraman, President – Inclusive Growth, Cisco Systems…
INDIACSR News Network NEW DELHI: Media reports in the past few days have highlighted concerns regarding alleged illegal raising of deposits, especially in rural and semi-urban areas, in Eastern India and duping of the gullible public. Promoters of such companies are allegedly siphoning the monies collected and are using a sales network comprising local persons [...]
KOLKATA: With the Trinamool Congress (TMC) Government in West Bengal drawing sharp criticism from the opposition parties over the alleged fraud by collapsed chit fund company Saradha Group, Chief Minister Mamata Banerjee has announced Rs. 5,00 crore relief for the victims. “Some people trying to defame me and my government. Action be taken against TMC [...]
The depositors, mostly poor people in villages and small towns, had put their hard-earned money with the company’s chit funds lured by the promise of high interest rates. KOLKATA: The Saradha Group chit fund scam that left scores bereft of their savings, has Mamata Banerjee’s Trinamool Congress in a tizzy with the chief minister putting [...]
NEW DELHI: The Supreme Court on Monday refused to grant more time to the Sahara group to refund Rs.24,000 crore to investors who bought securities sold by two group firms. The court also pulled up the group for not complying with its earlier order to refund investors by the first week of February. A bench [...]
Mega Conference on Fly Ash Management Raipur, 17 Feb 2013 for Registration please contact rusenk@indiacsr.in Call: 9981099555 For detail information please visit: www.flyash.indiaflyash.com INIACSR News Network NEW DELHI: The Ministry of Corporate Affairs had initially identified 238 companies as vanishing companies. Out of these, names of 151 companies have since been deleted from the [...]
By Rusen Kumar Regulator for the securities market in country The Securities and Exchange Board of India (SEBI) has mandated Business Responsibility (BR) Reports for listed firms. In a circular CIR/CFD/DIL/8/2012 dated August 13, 2012 the requirement to include BR Reports as part of the Annual Reports shall be mandatory for top 100 listed entities [...]
NEW DELHI: Rejecting the idea of assuming a Central Vigilance Commission (CVC)-like role of anti-corruption watchdog for the private sector, capital market regulator Sebi has said it wants listed entities to follow a nine-point disclosure norm against non-ethical business practices instead. The Securities and Exchange Board of India (Sebi), which regulates thousands of listed companies [...]
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