02 Jun 2018
Business Roundup: Here are today's top 5 business news
Here comes your daily business news wrap, have a 'byte'.
15 Mar 2018
Theranos founder, her Indian-American boyfriend charged with $700m fraud
US Federal regulators charged the blood-testing company Theranos, its Founder and CEO Elizabeth Holmes, and her Indian-American boyfriend-turned-Theranos President Ramesh Sunny Balwani with $700m fraud.
21 Apr 2017
Former Infosys CFO fights for salary dues
Infosys's former CFO Rajiv Bansal invoked his rights to an arbitral tribunal to fight for his salary dues from the company.
27 Feb 2017
SEBI seeks to overhaul board room governance
The Securities and Exchange Board of India (SEBI) said that there needs to be an overhaul of the governance structure of boardrooms of listed companies in India.
15 Feb 2017
Decision on hefty severance pay for ex-Infy CFO not recorded
A meeting in which severance pay of Rs 17.38cr was decided for Infosys' ex-CFO Rajiv Bansal, an issue causing furore in the board, was not initially recorded.
14 Feb 2017
Whistleblower's letter malicious, slanderous: Vishal Sikka
A whistleblower's letter with regards to Infosys alleges that its former Chief Financial Officer (CFO) Rajiv Bansal was paid Rs. 17.4 crore as severance for remaining silent on accounting practices and an overseas acquisition.
10 Feb 2017
Infosys founders critical of Vishal Sikka's variable pay
Adding to the unhappiness of the Infosys founders with the company's board is the flexible variable pay of CEO Vishal Sikka.
16 Dec 2016
NSE share sale to happen in April-June quarter
After facing several issues this year, the initial share sale of the National Stock Exchange will take place in the April-June quarter, said chairman Ashok Chawla.
30 Nov 2016
SEBI directs PVR Cinemas' founder to explain its profit-sharing deals
Reports stated that SEBI has directed PVR Cinemas' owner to provide explanation on the company's agreement and profit-sharing deals with its investors that had not been disclosed to its shareholders.
24 Oct 2016
SEBI investigates unfair access to stock-exchange's trading-systems
The Securities and Exchange Board of India (SEBI) will initiate a fresh probe into allegations of brokers unfairly accessing algorithmic trading (AT) servers of the National Stock Exchange.
21 Oct 2016
SEBI to review proposed algorithmic trading regulations
The Securities and Exchange Board of India (SEBI) would reportedly begin a second consultation round with market players on algorithmic trading regulations and drop some of its previous proposals.
05 Oct 2016
Piramal Enterprises fined Rs.6 lakh for insider trading
The Securities and Exchange Board of India (SEBI), which serves as the country's market regulator, slapped a fine of Rs.6 lakh on Piramal Enterprises for breaching insider trading norms.
29 Sep 2016
SEBI asks NSE to appoint auditor to investigate allegations
The Securities and Exchange Board of India has directed the National Stock Exchange to probe allegations of violating trading access norms.