New Delhi : 1986-batch Indian Civil Accounts Service (ICAS) Officer Soma Roy Burman took charge as the new Controller General of Accounts (CGA), Ministry of Finance, Department of Expenditure in New Delhi today, appointed by the Government of India with Read more…
Category: Corporate
Mukesh Ambani-led Reliance Industries Limited (RIL) made history on Thursday. RIL has become the first Indian company to touch a market capitalisation (m-cap) of Rs 10 lakh crore as its shares jumped to touch a record high of Rs 1,581 Read more…
The Bengaluru bench of the National Company Law Tribunal (NCLT) has initiated insolvency proceedings against ecommerce giant Flipkart for defaulting on Rs 18 crore payment to one of its LED TV suppliers, Taxsutra reported. One of Flipkart’s LED TV suppliers, CloudWalker Streaming Read more…
When the Dhirubhai Ambani business empire was divided between Mukesh and Anil Ambani, Anil started with a net worth of USD 31,000,000,000. In just over a decade, he has lost 99% of his net worth, haemorrhaging at the rate of Read more…
FIRST TIME IN INDIAN HISTORY : RS. 10,000 CRORE DEFAMATION SUIT AGAINST AUDITOR IN INDIA First, the statutory auditors resign claiming the company did not provide satisfactory answers to their queries. Then the company’s shares nosedive. Now the company is suing the Read more…