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Coffee Day audit lapses: NFRA slaps Rs 1.15 cr fine on 2 auditors, 1 audit firm

The case pertains to the diversion of funds worth Rs 3,535 crore from seven subsidiary companies of CDEL to MACEL New Delhi: The National Financial Reporting Authority (NFRA) has imposed a ban and penalties totalling Rs 1.15 crore on three entities,...

Coffee Day Global, MACEL audit lapses: NFRA slaps Rs 1.25 cr fine, imposes ban on 4 auditors, 1 audit firm

Penalties totalling Rs 1.25 crore on five entities, including four auditors, for lapses in auditing of Coffee Day Global Ltd and MACEL during 2018-19 fiscalNew Delhi, (PTI) The National Financial Reporting Authority (NFRA) has imposed a ban as well as...

Mamaearth’s parent company still in talks with Sebi on IPO; awaits approval

The clarification comes after certain media reported that the company has put its initial public offering (IPO) on hold amid weak market conditionsNew Delhi: Honasa Consumer Ltd, which owns FMCG brands Mamaearth and The Derma Co, on Monday said it...

DLF says no plans to launch REIT public offer in next 12 months

DLF has no plans to launch public offer of REIT in the next one year to monetise its rent-yielding commercial properties New Delhi: Real estate major DLF has no plans to launch public offer of REIT in the next one...

Reliance makes open offer to acquire 26% stake in Lotus Chocolate

The open offer starts on February 21 and closes on March 6 and it will aggregate to a total consideration of Rs 38.56 crore over the full acceptanceNew Delhi: Two Reliance group firms - Reliance Consumer Products Ltd (RCPL) and Reliance...

Snapdeal drops IPO plan, withdraws DRHP

Snapdeal withdraws IPO plan to issue fresh equity shares amid weak market conditions, it might reconsider in the futureNew Delhi: E-commerce player Snapdeal has deferred its plan for IPO through which it was planning to issue fresh equity shares...

FRL’s digital database prior to insolvency not available for verification, says Compliance Officer

The company has now initiated the process of inviting competitive quotes to purchase the software necessary for the maintenance of the structured digital database to comply with Sebi regulationsNew Delhi: Future Retail's structured digital database prior to the corporate...

Snapdeal drops IPO plan, withdraws DRHP

Snapdeal withdraws IPO plan to issue fresh equity shares amid weak market conditions, it might reconsider in the futureNew Delhi: E-commerce player Snapdeal has deferred its plan for IPO through which it was planning to issue fresh equity shares...

FRL’s digital database prior to insolvency not available for verification, says Compliance Officer

The company has now initiated the process of inviting competitive quotes to purchase the software necessary for the maintenance of the structured digital database to comply with Sebi regulationsNew Delhi: Future Retail's structured digital database prior to the corporate insolvency...

Barbeque Nation to come out with IPO offering

Casual dining chain Barbeque Nation Hospitality may come out with its initial share sale next week, merchant banking sources said on Friday. Barbeque Nation Hospitality is backed by private equity investor CX Partners and renowned stock market investor Rakesh Jhunjhunwala's investment firm Alchemy Capital, as per...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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