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The Securities Appellate Tribunal (SAT) on Wednesday reserved its order on Zee Entertainment promoter Punit Goenka's plea against SEBI's interim order restraining him from holding any key managerial position in listed entities due to alleged fund diversion.
SAT directs Securities and Exchange Board of India and Goenka to file any written submissions within a week
Foreign institutional investors (FII) sold shares worth Rs 354.35 crore, while domestic institutional investors (DII) bought Rs 386.28 crore worth of stocks on September 27, provisional data from the National Stock Exchange (NSE) showed.
The Bombay High Court today ruled that Akasa Air can proceed in Mumbai with its suit seeking contractual damages from 5 pilots who had abruptly exited the company.
The Bombay High Court on Wednesday allowed a leave petition filed by Akasa Air, a low-cost airline, seeking permission to proceed against five pilots who resigned from the company without serving...