The Securities and Exchange Board of India (SEBI) has debarred Zee Entertainment Enterprises (Zee) promoter and Essel group Chairman Subhash Chandra and Managing Director (MD) and Chief Executive Officer (CEO) Punit Goenka from holding key positions in any listed company for allegedly diverting assets of Essel Group companies.The matter pertains to the Letter of Comfort (LoC) granted by Chandra in September 2018 towards credit facilities taken by certain group companies from YES Bank. The credit amounted to Rs 200 crore.The allegations are that these guarantees were given without approval from the board and were used to siphon off funds by the promoters.
Insider trading is the buying or selling of a security by someone who has access to material non-public information about the security.
The Full form of NCCC is
Who among the following devised the policy ‘Doctrine of Lapse’?
बनास नदी पर कौन -सा बाँध है -
What is the proposed route for the government's plan to set up an electric highway?
Consider the following statements in regards to Hasarius Mumbai:
a) It is a new species of Jumping spider
b) The species is named after Mu...
What is the target for renewable energy capacity in India by 2030?
When kept in air for some time, a layer of green colored basic carbonate forms on the metal, that metal is ___________________ .
Which company partnered with Bajaj Allianz General Insurance to offer a firecracker insurance policy for Diwali 2024?
The World’s third largest stadium is to be built in which city of Rajasthan?
