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.
Who became India’s first civilian space tourist?
Samir V Kamat has been appointed as the Chairman of _______.
What is the expected annual savings from the implementation of the 'Anna Chakra' tool?
ICICI Bank, has notified that it is going to increase its stake in ICICI Lombard General Insurance by four percent in multiple tranches.At present, the ...
The National Apprenticeship Promotion Scheme (NAPS) seeks to address which of the following challenges?
Who has been elected as the President of the 79th session of the United Nations General Assembly?
Recently Nepal and which among the following has signed an agreement of USD 659 million for Nepal’s development assistance?
The Prime Minister has dedicated the first AIIMS in the North East, built at a cost of_______, to the nation that l will provide healthcare not only to ...
India comes at which place recently in the global hunger index?
As of the last fiscal year, how many unicorns did India have?
