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Sebi imposes Rs25-cr penalty on Ambani brothers and others for takeover rules violation


Markets > Stock markets - India > SEBI
Sebi imposes Rs25-cr penalty on Ambani brothers and others for takeover rules violation
08 April 2021
 The Securities and Exchange Board of India (Sebi) on Wednesday imposed a penalty of Rs25 crore on Mukesh Ambani, Anil Ambani and other individuals as also various entities belonging to the Reliance Group, for non-compliance of takeover norms in a two-decade-old share issue in the company.
The adjudicating officer (AO) of the Securities and Exchange Board of India (SEBI) imposed a joint penalty of Rs25 crore on Mukesh and Anil Ambani along with their family members for violation of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. ....

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MoRTH achieves record construction of 37 km per day of highways in FY21


Economy > Infrastructure > Roads
MoRTH achieves record construction of 37 km per day of highways in FY21
05 April 2021
The ministry of road transport and highways (MoRTH) has achieved a milestone of constructing 37 kilometres of highways per day in year 2020-21, which is unprecedented. MoRTH has reported tremendous progress in building of national highways across the country in the last few years. 
Minister for road transport and highways and MSME, Nitin Gadkari, last evening felicitated the officials of MoRTH and presented the letters of appreciation. The minister said that this would not have been possible without dedication and team work of the officials and other stakeholders. He said that these achievements are unprecedented and have no parallel in any other country in the world. ....

Nitin Gadkari , Financial Year , Domain B , நிடின் கட்காரி , நிதி ஆண்டு ,

Fujifilm Canada inks national distributor agreement with Spicers Canada

Fujifilm Canada (Mississauga, Ontario) has announced a national distributor agreement with Spicers Canada, a leading distributor of commercial print and business papers, specialty products, graphic solutions, sign & display media, and industrial packaging products, headquartered in Vaughan, Ontario with 27 regional locations across Canada. Under the terms of the agreement, Spicers will act as a … Read more → ....

Graphics Division Of Fujifilm Canada , Spicers Canada , Graphics Division , Fujifilm Canada , ஸ்பைக்கர்கள் கனடா , கிராபிக்ஸ் பிரிவு , புஜிஃபில்ம் கனடா ,

US executives enjoy extra corporate jet perks under Covid


US executives enjoy extra corporate jet perks under Covid
12 Apr, 2021 12:00 AM
3 minutes to read
Corporate spending on private jets increased 9 per cent over the past year. Photo / 123RF
Financial Times
By: Patrick Temple-West
Big US companies, including Morgan Stanley, Yum Brands and PepsiCo, expanded private jet privileges for top executives last year due to the Covid-19 pandemic, new regulatory filings show.
Yum Brands gave its chief executive David
Gibbs authority to approve personal travel on the company s jet for other executives, and Morgan Stanley authorised certain executives to use the company s aircraft for personal purposes.
Delivery company UPS gave Brian Newman, its chief financial officer, use of a private jet for personal reasons because of the pandemic but said the perk is not expected to be a regular practice . ....

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