| Andrew Yule to invite bids for DPSC on Nov 20 | 15-NOV-09 |
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| "We will now invite bids for selling our 15 per cent and institutions' 42 per cent stakeholding in DPSC on November 20," Chairman and Managing Director of Andrew Yule Kallol Datta told PTI. |
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| CLB allows Maytas Infra to finalise Q2 results by Dec '09 | 27-OCT-09 |
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| Crisis-hit Maytas Infra today said the Company Law Board (CLB) had allowed the company to report its accounts for the quarter ended September by December 31.
In a filing to the Bombay Stock Exchange, Maytas Infra said: “CLB, vide its order dated October 23, 2009, granted extension of time for publication of financial results of the company for the quarter ended September 30, 2009, up to December 31, 2009.”
Earlier in September, Infrastructure Leasing & Financial Services Ltd |
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| CLB allows Maytas Infra to finalise Q2 results by Dec 09 | 26-OCT-09 |
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| Crisis-hit Maytas Infra today said the Company Law Board has given time to the company to report its accounts for the quarter ending September by December 31.
In a filing to the Bombay Stock Exchange, Maytas Infra said, "The CLB, vide its order dated October 23, 2009, granted extension of time for publication of financial results of the company for the quarter ended September 30, 2009 up to December 31, 2009."
Earlier in September, Infrastructure Leasing & Financial Services |
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| CLB allows Satyam to appoint statutory auditor | 15-OCT-09 |
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| Nearly 10 months after the Rs 10,000-crore scam surfaced in Satyam Computer, the Company Law Board today allowed the IT company to convene its annual general meeting and appoint a statutory auditor for accounting for 2008-09.
"The Board of the company is authorised to appoint a statutory auditor for the year 2008-09, subject to ratification by the general body as and when held," CLB Chairman S Balasubramaniam said while passing an |
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| Empowering small investors | 28-AUG-09 |
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| What do investors do when, as in the Satyam case, the management perpetrates a fraud on them, when independent directors are unable to detect the fraud, or when auditors either connive or are lulled into certifying the accounts as true? File against the company in the Company Law Board, you might say. But the law there does not recognise shareholders as people who have any locus standi in the matter, never mind if they lost Rs 5,000 crore on account of the collapse of the company’s share price. You could go to the police and file a case in the Economic Offences Wing, but that’s a path whose success depends on whether your children and even perhaps grandchildren wish to pursue the case, after your time has passed. In any case, there is little doubt that action by a group is always going to be taken more seriously than anything done by individuals. |
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| ICICI seeks representation on Maytas Infra board | 21-MAY-09 |
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| ICICI Bank has approached the Corporate Affairs Ministry seeking representation on the board of Maytas Infra, a company promoted by the kin of disgraced Satyam founder Ramalinga Raju. |
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| Satyam's top 20 clients are delighted: Karnik | 20-APR-09 |
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| Kiran Karnik wanted to stay out of the limelight and take life a bit easy after seven years as Nasscom president. But Satyam happened and he was back in action, fire-fighting almost non-stop for over three months. In an interview with Leslie D'Monte, the Satyam Chairman discusses the road ahead — for Satyam and himself. |
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| Steering Satyam to safety | 15-APR-09 |
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| We round off our profiles of the members of the interim board of directors of Satyam Computer Services, the men appointed to take charge of a scam-hit and temporarily rudderless group, to steer it out of the fog and land it to safety. |
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Content Guide
