Merit Financial News

16.08 / 18:33

Provident Merit Action Injustice show NCLAT asks RBI to respond to Srei ex-promoter co’s petition

NEW DELHI : The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked the Reserve Bank of India (RBI) to respond in three weeks to a petition filed by Adisri Commercial, the former promoter of Srei Infrastructure Finance, against an earlier order issued by the tribunal. On 8 October, 2021, the Kolkata bench of the National Company Law Tribunal (NCLT) had admitted Srei into the corporate insolvency process, and an NCLAT bench In December 2022 rejected Adisri’s plea challenging the NCLT order.

16.08 / 14:27

Twitter Digital Amazon Career Merit Strategy Digital Marketing Unveiled: The Essence of PGD Courses

The PGD, or Post Graduate Diploma in Digital Marketing, is a one-year postgraduate study that gives students a broad understanding of content planning, SEO, SEM, and email marketing. A Bachelor's Degree in the relevant discipline or its equivalent from an accredited university or college is required of applicants. This course's admission is competitive and determined by both merit and entrance exams. But before granting admission, certain universities could require an interview. Best Professional Courses on Digi

16.08 / 14:07

UPS Cooper Merit Exodus social NOT Ashoka University row: Another faculty member resigns, professors threaten exodus if Sabyasachi Das not reinstated

Sabyasachi Das, an assistant professor at Ashoka University, resigned following a controversy over his research paper, Pulapre Balakrishnan, another professor in the economics department, has put in his papers. Das' colleagues have written to the Governing Body threatening a faculty exodus if he is not offered reinstatement. The English and Creative Writing departments have also extended their support to the demand.

16.08 / 11:17

Provident Merit Action Injustice show NCLAT seeks RBI response on plea of former promoter of Srei Infra Finance

RBI) to submit in three weeks their response on a plea by Adisri Commercial, the former promoter of Srei Infrastructure Finance, against an earlier NCLAT order. The NCLAT had rejected an earlier plea by the company challenging the insolvency order passed by the Kolkata bench of National Company Law Tribunal (NCLT) on 8 October 2021. In their plea, the promoters had submitted that substantial injustice was caused to Srei and its shareholders by the Kolkata NCLT’s October order which admitted the company into insolvency.

16.08 / 01:21

IPO FIVE Merit Directors quitting delays Balaji Amines' Q1 results

Balaji Amines in declaring its June quarter results following the en masse resignation of five independent directors in May has raised concerns among market participants about the company's prospects. The company, once a darling of Dalal Street, informed stock exchanges on Monday about the delay. «In accordance with the Sebi master circular, we would like to submit that there has been a delay in the preparation of the consolidated financial results on account of the unavailability of the management,» said Balaji Amines in an exchange filing.

15.08 / 14:55

Citizens Career Merit Dreams country social Haryana people should forget religious, communal differences and maintain harmony: CM Khattar

Haryana should forget social, religious and communal differences, and maintain harmony, Chief Minister Manohar Lal Khattar said on Tuesday and asserted that «we consider the people of the entire state our family». Last month, clashes broke out in Haryana's Nuh district after a procession of the Vishva Hindu Parishad (VHP) was attacked by mobs, and it spread to adjoining areas, including Gurugram. Six people, including two home guards and a cleric, died in the violence.

14.08 / 15:25

CEO Merit Align veteran Infosys veteran Richard Lobo joins BYJU as head of HR: Report

leadership roles, most recently as the executive vice president and head of human resources, said the report. In his new role, Lobo will guide BYJU’S management on organizational change and transformation, to create an outstanding workplace for its employees.

14.08 / 14:25

Career CEO Merit COMPOSITE Enterprise BAC Executive Ex-Infy executive Richard Lobo joins Byju’s as HR advisor

Edtech major Byju’s on Monday said it has appointed Richard Lobo as an «exclusive» advisor to help drive its human resources function and guide the management on organisational change and transformation. The move – following Lobo’s 23-year career at information technology services integrator Infosys, where he last served as executive vice president and head of human resources – comes at a time when the Bengaluru-based edtech steers itself through massive layoff exercises and corporate governance crises. “His extensive experience and leadership in HR will be instrumental in further enriching our work culture and ensuring that the welfare of our team members remains at the core of every decision we take.

14.08 / 06:31

COST UPS Provident Merit performer cover Real Estate vs Stock Market: Where to invest your hard-earned money?

When it comes to investing, two popular options that often come to mind are real estate and the stock market. Both avenues offer unique advantages and disadvantages, and understanding these can help investors make informed decisions. While both have their own advantages and disadvantages, it is crucial to understand their relative merits and demerits before taking the plunge.

11.08 / 19:41

UPS Merit Entertainment Enterprise Sony NCLT gives final nod for merger of Sony and Zee

Zee Entertainment Enterprises Ltd. The move paves way for the merger of two of India’s largest media and entertainment companies. With this, the two companies have received all the regulatory approvals needed for the merger.

11.08 / 18:51

Merit country letter Congress releases Advani's letter asking CJI be made chairman of panel to select CEC

LK Advani had written to the then PM Manmohan Singh in June 2012, demanding broad-basing of the collegium to select the Chief Election Commissioner by making the Chief Justice of India its chairman and the PM, law minister and leaders of the opposition in the Rajya Sabha and Lok Sabha as its members. But the Congress move also raised some eyebrows within the party.

11.08 / 11:55

Merit BELA bail Maharashtra news: NCP leader Nawab Malik gets interim bail from Supreme Court

Enforcement Directorate (ED) in February 2022 in a case of money laundering. A bench of Justices Aniruddha Bose and Bela M Trivedi was hearing the plea which challenged the order of the Bombay High Court rejecting his bail petition.

11.08 / 08:43

Provident CEO Merit Inside 49ers CEO Jed York is being sued over insider trading accusations

San Francisco 49ers chief executive Jed York is being sued over accusations of insider trading related to his role on the board of an online educational company

11.08 / 06:25

Merit week Delhi High Court issues two week notice to NewsClick in money laundering case

Delhi High Court on Friday issued a notice to news portal NewsClick and its founder Prabir Purkayastha after the Enforcement Directorate argued that the case should be heard at an earlier date.Zoheh Hossain — appearing on behalf of the government agency — said that it is a case of “criminal conspiracy of paid news,” with the news portal receiving «crores of rupees» in violation of the law. The Purkayastha-led site on the other hand, is arguing the urgency of the agency's summons, with the Delhi High Court giving the publication two weeks time to file a reply to the application and three days to file a rejoinder.

10.08 / 05:03

UPS FIVE Manufacturing Merit Chase electronic Here's why Pankaj Pandey is bullish on utilities sector

«From a number perspective, the numbers are not really inspiring. And even though the valuations look attractive, there is outlook for better ad spend by most of the end-user industries it is very difficult to build confidence in the stock at current levels,» says Pankaj Pandey, Head Research, ICICIdirect.com.Just wanted to get in your thoughts then, as to what you believe could potentially emerge today as we will be seeing the NCLT decision and how critical it is for Zee? I think that is probably the only trigger which can help the stock because when you look at numbers, it is a washout quarter for them. Ad revenues have been declining.

09.08 / 15:57

Provident MET Progressive Merit Fitch social S&P drops ESG scores from debt ratings

S&P Global Inc. will no longer publish ESG scores along with its credit ratings, as the company adjusts its approach in response to investor feedback.

09.08 / 11:13

UPS Merit Align shootings country GST@6: Forward looking thought

Export rule liberalization – 78% respondents cited this as the most needed. To illustrate, while the Central Board of Indirect Taxes and Customs issued a defining circular in September 2021 clarifying doubts on the scope of intermediary services, the benefit is yet to be fully witnessed with certain categories of exporters in the IT/ITeS and data hosting services sector still being continually questioned, resulting in prolonged litigation and the delay in refund resulting in working capital blockages.

09.08 / 10:29

UPS MET CEO Merit show country foreign Establishing a foreign K-12 school in India

foreign exchange laws in India. A Section 8 company can receive foreign investments, as contributions or donations from overseas entities, subject to compliance with provisions of Foreign Contribution (Regulation) Act, 2010 (“FCRA"). However, the FCRA nod is not always forthcoming and getting it is a rather cumbersome task.

09.08 / 09:33

Man Merit Action Remark country MPs Smriti Irani calls Rahul Gandhi ‘misogynist’ for 'blowing flying kiss' in Parliament, 21 BJP MPs file complaint

Rahul Gandhi "misogynist man" for blowing flying kiss to Parliament that seats female members; says action lacks dignity. Union Minister and BJP MP Smriti Irani said, “I object to something. The one who was given the chance to speak before me displayed indecency before leaving.

09.08 / 08:37

UPS Merit No confidence motion Day 2: Smriti Irani says ‘If Rahul Gandhi has guts then he should respond…’

Narendra Modi does not consider Manipur to be a part of India He said, “PM Modi did not visit Manipur till now as he does not consider the state to be part of India" He further accuses, ‘They are not Deshipremi but Deshdrohi’ Meanwhile, slamming Gandhi, Irani said, ‘If Rahul Gandhi has guts then he should respond how Gandhi family dared to divide Kashmir’rahul gandhi on no confidence motion. She says, "You are not India, for India is not corrupt.

08.08 / 18:19

Provident Merit Action Airlines Barrett performer American Airlines NOT Lawsuit over ESG in 401(k) not cleared for takeoff, American Airlines says

The first lawsuit over the use of ESG in a 401(k) has a few gaping holes — most notably that the lead plaintiff in the proposed class action wasn’t invested in any of the funds in question, defendant American Airlines said.

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