Latest News on Related Party Transactions
Showing of 0 - 10 from 7 results
Related Party Transactions - Total results - 7
Feb 25, 2020
SEBI probe suggests prima facie violations of norms in IndiGo related party transactions; shares plunge nearly 5%IndiGo has been facing a probe by the SEBI ever since a public spat came to light between two founders of the airline, including over certain related party transactions involving one of the warring promoters.
Aug 03, 2019
SEBI voices concern over related party transactions, a method 'frequently' used by corporates to divert fundsSebi said another means of such diversion was extension of loans
Jul 31, 2019
IndiGo promoters' feud deepens: Provided information on related party transactions to authorities, says Rakesh GangwalIndiGo has been witnessing a divide between the two promoters, Rahul Bhatia and Rakesh Gangwal, since last year
Jul 12, 2019
IndiGo promoter spat: Dragging rift to govt and Sebi doors, Gangwal and Bhatia's fight may land in courtGiven the turbulence in the sector, one would have thought IndiGo would have taken the next steps to fly over its 50 percent market share
Jul 10, 2019
IndiGo promoters' feud out in open: Rakesh Gangwal seeks Sebi's intervention; says even 'paan ki dukaan' would have managed betterAlleging that the company has "started veering off" from the core principles and values of governance, Gangwal has said that even a paan ki dukaan (betel shop) would have managed matters with more grace.
Apr 27, 2015
Vijay Mallya engaged in a losing battle with Diageo; he should just 'bow out gracefully'A battle is brewing in the boardroom of United Spirits Ltd, where majority shareholder Diageo has asked Vijay Mallya to quit over alleged fund diversion. A veteran of many corporate battles, Mallya has, however, struck a defiant note saying only shareholders have the right to oust him.
Apr 10, 2015
Six years later: India has more checks and balances but can't rule out a Satyam-like scamIndia has put in place many checks and balances, but still it will be difficult to detect a scam like Satyam beforehand