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Business Roundup: Here are today's top 5 business news

02 Jun 2018

Business Roundup: Here are today's top 5 business news

Here comes your daily business news wrap, have a 'byte'.

Theranos founder, her Indian-American boyfriend charged with $700m fraud

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.

Former Infosys CFO  fights for salary dues

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.

SEBI seeks to overhaul board room governance

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.

Decision on hefty severance pay for ex-Infy CFO not recorded

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.

Whistleblower's letter malicious, slanderous: Vishal Sikka

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.

Infosys founders critical of Vishal Sikka's variable pay

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.

NSE share sale to happen in April-June quarter

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.

SEBI directs PVR Cinemas' founder to explain its profit-sharing deals

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.

SEBI investigates unfair access to stock-exchange's trading-systems

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.

SEBI to review proposed algorithmic trading regulations

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.

Piramal Enterprises fined Rs.6 lakh for insider trading

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.

SEBI asks NSE to appoint auditor to investigate allegations

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.