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August 2, 2023
The Hotel and Restaurant Association of Western India (HRAWI) organized an insightful seminar aimed at simplifying GST in Panaji.
August 19, 2021
As Akshay Kumar starrer Bell Bottom has hit the theatres, here’s what the audience has to say about this Ranjit M Tewari directorial.
July 6, 2021
Happy Birthday Ranveer Singh: Here’s how netizens are pouring out wishes on the ‘Simmba’ star’s special day Ranveer Singh celebrates his 36th birthday and his fans can’t keep on Twitter. Scroll further to see the celebration via tweets. Written By Pinkvilla Desk 16249 reads Mumbai Updated: July 6, 2021 07:03 am Happy Birthday Ranveer Singh: Here’s how netizens are pouring out wishes on the ‘Simmba’ star’s special day Su...
April 16, 2021
BUSINESS NEWS The Capital Markets Authority has cleared a former director of collapsed Imperial Bank of wrongdoing in the lenders’ issuance of a Sh2 billion corporate bond just one month before its collapse. Chris Diaz had argued in his defense that he joined the bank as an independent and non-executive director after the decision to issue the bond was made. Mr Diaz appeared before the CMA’s ad hoc committee that the regulator constituted to investigate the matter after he broke ranks with ...
April 14, 2021
Imperial Bank directors block CMA probe into Sh2bn bond Thursday April 15 2021 By OTIATO GUGUYU Summary Imperial Bank directors have stopped the Capital Markets Authority (CMA) from pursuing them over the Sh2 billion corporate bond that the lender issued a month before it was placed in receivership. The eight directors have blocked investigations through the CMA tribunal on grounds the probe team will be impartial. Imperial Bank directors have stopped the Capital Markets Authority (CMA) from pu...
December 17, 2020
CMA To Hunt Collapsed Imperial Bank Directors Over Ksh2 Billion Bond The Supreme Court has allowed the Capital Markets Authority (CMA) to go after directors of collapsed Imperial Bank who issued a Ksh2 billion bond a month before it collapsed. In court filings, CMA said that the lender issued the bond despite the directors knowing that the bank was on the red line, and would collapse soon. “The petitioners’ appeal is allowed to the extent that the respondent may proceed with its enforcement...
December 15, 2020
CMA gets nod to hunt Imperial Bank directors over Sh2bn bond Tuesday December 15 2020 By SAM KIPLAGAT Summary The Supreme Court agreed with the regulator that it has rights to investigate circumstances under which the bank proceeded with the bond despite insider knowledge it was in trouble. Imperial Bank was placed under receivership in October 2015 after the board of the privately owned lender alerted authorities to suspected malpractices. Imperial Bank went under with the Sh2 billion in bonds...