Search result for 'remedial action'

RBI Directs IndusInd Bank to Complete Remedial Action

March 15, 2025 13:43

The Reserve Bank of India has directed IndusInd Bank to complete remedial action this quarter after a discrepancy of Rs 2,100 crore was found in its accounting. RBI assures that the bank's...

HDFC Life Addresses Data Theft, Enhances Security

March 13, 2025 15:50

HDFC Life Insurance confirms a data theft incident in 2024 and details the steps taken to address the issue, including enhanced security protocols and remediation measures. The company asserts that...

NFRA Finds Deficiencies in PwC Audits

February 18, 2025 19:33

The National Financial Reporting Authority (NFRA) has flagged deficiencies in audits conducted by Price Waterhouse Chartered Accountants LLP and Price Waterhouse & Co Chartered Accountants LLP,...

India Steel Industry Worried Over US Tariffs

February 10, 2025 19:51

The Indian Steel Association expresses deep concern over the US decision to impose tariffs on steel imports, fearing a surge in steel imports to India and potential price crashes.

RBI Lifts Restrictions on Asirvad Micro Finance, DMI Finance

January 8, 2025 19:02

The Reserve Bank of India has lifted business restrictions on Asirvad Micro Finance and DMI Finance after they addressed supervisory concerns and implemented remedial actions.

RBI Lifts Restrictions on Arohan Financial Services

January 3, 2025 19:07

The Reserve Bank of India has lifted restrictions on Arohan Financial Services Limited, a Kolkata-based NBFC, after the company addressed concerns related to usurious pricing and other supervisory...

Thomas Cook (India) Hit by Cyberattack

December 31, 2024 16:42

Thomas Cook (India) has confirmed a cyberattack on its IT infrastructure. The company is working with security experts to investigate and take remedial action.

RBI Lifts Restrictions on Edelweiss Group Entities

December 17, 2024 20:26

The Reserve Bank of India has lifted restrictions imposed on two Edelweiss Group entities, ECL Finance and Edelweiss Asset Reconstruction Company, after they took remedial actions and committed to...

HDFC Life Data Breach: Assessing Impact - Insurance News

November 25, 2024 17:58

HDFC Life Insurance confirms data leaks and is assessing the potential impact. The company is investigating the cause and taking steps to safeguard customer interests. Read more.

Embassy REIT CEO Steps Down After SEBI Order

November 5, 2024 19:27

Embassy REIT CEO Aravind Maiya steps down following SEBI's order to suspend him based on an NFRA ruling related to Coffee Day Enterprises audit lapses.

Sebi Suspends Embassy Office Parks CEO: NFRA Audit Lapses

November 4, 2024 20:42

SEBI has suspended Aravind Maiya, CEO of Embassy Office Parks Management Services, following an NFRA order barring him from auditing due to lapses in Coffee Day Enterprises audit. An interim CEO...

RBI Bans Navi Finserv, 3 NBFCs From Loan Disbursement

October 17, 2024 19:31

The Reserve Bank of India has barred Navi Finserv and 3 other NBFCs from disbursing loans due to concerns over usurious pricing and non-compliance with regulatory guidelines. The action follows...

IIFL Finance Shares Surge After RBI Lifts Gold Loan Restrictions

September 20, 2024 10:38

IIFL Finance shares jumped over 13% after the Reserve Bank of India lifted restrictions on its gold loan business, which were imposed in March 2024.

RBI Lifts Restrictions on IIFL Finance's Gold Loan Business

September 19, 2024 18:54

The Reserve Bank of India (RBI) has lifted restrictions on IIFL Finance's gold loan business, allowing the company to resume sanctioning, disbursal, and sale of gold loans.

GST Council Meeting: Insurance Premium, Online Gaming, & Fake Registrations

September 8, 2024 10:15

The GST Council will discuss insurance premium taxation, online gaming tax rates, and the status of a drive against fake GST registrations. Key decisions on tax rates and regulations are expected.

GST Fake Registration Drive: India to Launch 2nd Campaign

August 13, 2024 12:24

India's tax authorities will conduct a nationwide drive against fake GST registrations from August 16 to October 15, aiming to curb tax evasion and protect government revenue.

GST Fake Registration Drive: CBIC Launches 2-Month Crackdown

August 12, 2024 22:16

India's CBIC announces a nationwide drive against fake GST registrations from August 16 to October 15, aiming to detect and eliminate fraudulent entities and protect government revenue.

RBI Governor: Top-up Housing Loans Not System-Wide Issue

August 8, 2024 13:33

RBI Governor Shaktikanta Das says surge in top-up housing loans is not a system-wide issue but confined to few entities, urging banks to adhere to regulatory prescriptions.

RBI Governor's Concerns on Deposit Growth and Innovative Products for Banks

August 8, 2024 11:51

RBI Governor Shaktikanta Das expresses concern over deposit growth, urging banks to use innovative products and services to attract funds. He also emphasizes the need for stricter monitoring of...

Reliance Capital Resolution: Hinduja Group Faces Action

August 2, 2024 14:05

Lenders of Reliance Capital threaten action against Hinduja Group's IndusInd International Holdings for failing to meet NCLT-imposed conditions, including escrow deposit.

RBI Restricts Edelweiss Lending, ARC Arms Over Evergreening

May 29, 2024 18:27

The Reserve Bank of India has imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms over concerns about evergreening of loans.

RBI Lifts Ban on Bank of Baroda's Bob World App

May 8, 2024 18:48

The Reserve Bank of India has lifted the ban on Bank of Baroda onboarding new customers through its 'Bob World' mobile app, which was imposed in October 2023 due to supervisory concerns.

Bajaj Finance Shares Rise 1% After RBI Lifts Restrictions

May 3, 2024 16:53

Bajaj Finance shares ended nearly 1% higher after the Reserve Bank of India lifted restrictions on the company's eCOM and Insta EMI Card lending products.

Bajaj Finance Shares Surge 7.5% After RBI Lifts Restrictions

May 3, 2024 10:49

Bajaj Finance shares rallied over 7.5% after the Reserve Bank of India lifted restrictions on its eCOM and Insta EMI Card lending products. The company's market valuation climbed by Rs 23,008.1 crore.

RBI Lifts Restrictions on Bajaj Finance

May 2, 2024 20:16

RBI has lifted restrictions on Bajaj Finance's eCOM and Insta EMI Card lending after the company addressed digital lending guideline violations.

Business Integrity Key for Growth: NCLAT Chairperson

March 5, 2024 12:21

NCLAT Chairperson Justice Ashok Bhushan stresses business integrity for economic growth and investor confidence, highlighting the importance of transparent financial reporting and audit quality.

IOC, GAIL, ONGC Fined for Director Appointment Failure

February 25, 2024 14:56

IndianOil, ONGC, GAIL, and other PSUs fined for the third consecutive quarter for failing to meet listing requirements regarding board directors. The companies cite government control over...

Voltas Faces Rs 750 Crore Stalemate in Qatar Projects

February 11, 2024 15:11

Voltas, a Tata Group firm, faces a setback in Qatar with Rs 750 crore stuck due to delayed payments and unethical actions by contractors. The company is taking remedial action by being selective...

Prison Labor Fuels Food Brands: Hidden Workforce Exposed

January 30, 2024 14:18

A shocking investigation reveals how US prisoners are exploited for cheap labor, supplying goods to major food brands like Coca-Cola, Frosted Flakes, and more. Learn about the legal loopholes and...

CCI to Study AI Impact on Businesses: Tender Soon

January 25, 2024 18:46

India's Competition Commission will soon issue a tender for a study on the impact of AI on businesses and services. The CCI emphasizes the need for nuanced assessments in tech markets.

Deepfakes Threat to Indian Elections: IT Minister

December 30, 2023 11:47

India's IT Minister warns of deepfakes as a threat to fair elections, urging social media platforms to take action against misinformation and deepfakes.

CBIC Sends 33,000 GST Notices for Discrepancies in Returns

December 6, 2023 16:33

Central tax officers issued 33,000 GST notices to businesses for discrepancies in returns filed in FY18 and FY19. The notices are a small percentage of total returns filed.

WhatsApp Bans 71.1 Lakh Indian Accounts in September

November 2, 2023 16:43

WhatsApp banned over 7.1 million Indian accounts in September, including 2.5 million proactive bans, according to the platform's monthly report. Learn about the types of actions taken and the...

Company Name
Price
Volume

Vodafone Idea L
6.96 ( -1.69)
32087619

Spicejet Ltd.
45.48 ( -6.38)
24487576

Srestha Finvest
0.56 (+ 3.70)
15767473

G G Engineering
1.00 ( 0.00)
13488004

YES Bank Ltd.
16.20 (+ 0.31)
11982994

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Search result for 'remedial action'

RBI Directs IndusInd Bank to Complete Remedial Action

HDFC Life Addresses Data Theft, Enhances Security

NFRA Finds Deficiencies in PwC Audits

India Steel Industry Worried Over US Tariffs

RBI Lifts Restrictions on Asirvad Micro Finance, DMI Finance

RBI Lifts Restrictions on Arohan Financial Services

Thomas Cook (India) Hit by Cyberattack

RBI Lifts Restrictions on Edelweiss Group Entities

HDFC Life Data Breach: Assessing Impact - Insurance News

Embassy REIT CEO Steps Down After SEBI Order

Sebi Suspends Embassy Office Parks CEO: NFRA Audit Lapses

RBI Bans Navi Finserv, 3 NBFCs From Loan Disbursement

IIFL Finance Shares Surge After RBI Lifts Gold Loan Restrictions

RBI Lifts Restrictions on IIFL Finance's Gold Loan Business

GST Council Meeting: Insurance Premium, Online Gaming, & Fake Registrations

GST Fake Registration Drive: India to Launch 2nd Campaign

GST Fake Registration Drive: CBIC Launches 2-Month Crackdown

RBI Governor: Top-up Housing Loans Not System-Wide Issue

RBI Governor's Concerns on Deposit Growth and Innovative Products for Banks

Reliance Capital Resolution: Hinduja Group Faces Action

RBI Restricts Edelweiss Lending, ARC Arms Over Evergreening

RBI Lifts Ban on Bank of Baroda's Bob World App

Bajaj Finance Shares Rise 1% After RBI Lifts Restrictions

Bajaj Finance Shares Surge 7.5% After RBI Lifts Restrictions

RBI Lifts Restrictions on Bajaj Finance

Business Integrity Key for Growth: NCLAT Chairperson

IOC, GAIL, ONGC Fined for Director Appointment Failure

Voltas Faces Rs 750 Crore Stalemate in Qatar Projects

Prison Labor Fuels Food Brands: Hidden Workforce Exposed

CCI to Study AI Impact on Businesses: Tender Soon

Deepfakes Threat to Indian Elections: IT Minister

CBIC Sends 33,000 GST Notices for Discrepancies in Returns

WhatsApp Bans 71.1 Lakh Indian Accounts in September

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