Jaypee group's JAL said the "board has co-opted Jaiprakash Gaur on the board of the company as an additional director with effect from May 19, 2018."
Private equity and venture capital investments in April were up 23 percent at USD 2.4 billion, backed by large deals in sectors like e-commerce and life sciences, says an EY report.
Two independent directors Ninad Karpe and S Ravi have resigned from the board of state-owned IDBI Bank days after the CBI filed an FIR in connection with the Rs 600-crore loan given by the bank.
Crisis-hit Jaiprakash Associates has deposited Rs 100 crore in the SC's Registry as per the court's directions in a case related to delay in delivery of flats by its subsidiary, according to sources.
Home buyers of Jaypee Infratech has written to IRP that the interests of thousands of people who booked flats in Jaypee Wishtown proj should be protected.
PE, VC investments in India reached USD 7.9 billion across 180 deals in January-March this year, the best first quarter since 2008, mainly driven by large transactions.
The CBI has named Bombay Stock Exchange (BSE) Chairman S Ravi in Rs 600 crore IBDI Bank fraud case.
Sivasankaran allegedly took a loan of Rs 5.3 billion in February 2014. This swelled to Rs 6 billion after becoming NPA.
IDBI Bank said a Rs 30 million penalty imposed on it by the RBI "will not have any material impact" on it.
RBI said it has imposed a Rs 30 mn-penalty on IDBI Bank for non-compliance with the directions issued by it on income recognition and asset classification norms.
Gets 1 Observation For Karkhadi Unit From USFDA
USFDA Issues No Observation To Rabale Unit
USFDA Issues 3 Observations To Patalganga Unit
AU SMALL FINANCE
Temasek Arm to invest rs 1,000 cr in Bank Share, Warrant
INDIABULLS REAL ESTATE
Approves proposal of Buyback of up to 2.6 Cr Equity Shrs
Buyback Size 5.45% of existing paid-up share capital
Maximum Buyback Price proposed at Rs 240/Sh