Articles for tag: Adani, Bold, Bond, Controversy, Debut, Enterprises, Retail

Market News

Adani Enterprises Makes Bold Retail Bond Debut Amid Controversy

Adani Enterprises Makes Bold Retail Bond Debut Amid Controversy

Adani Enterprises has successfully launched its first retail bond, fully subscribed on its debut day. This move marks a significant return to the capital markets for the Indian conglomerate, which faced scrutiny following allegations by Hindenburg Research that impacted its share prices. The company aims to raise up to Rs 800 crore ($95.32 million) through ...

Market News

Sebi Chief Accused of Salary Duplicity Amidst Rising Controversy

Sebi Chief Accused of Salary Duplicity Amidst Rising Controversy

The Congress party has raised serious allegations against Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (Sebi). They claim she continued to draw a salary from her previous employer, ICICI Bank, while serving at Sebi. Congress leader Pawan Khera pointed out that Buch earned nearly Rs 16 crore from ICICI, ...

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ICICI Securities Delisting Sparks Controversy Amid Regulatory Scrutiny and Shareholder Outcry

ICICI Securities Delisting Sparks Controversy Amid Regulatory Scrutiny and Shareholder Outcry

ICICI Bank’s plan to acquire its subsidiary, ICICI Securities, has sparked controversy among shareholders and drawn scrutiny from India’s Market regulator, SEBI. Discontent stems from the waiver of SEBI’s rules about compensating minority investors during the delisting process. A recent class-action suit alleges that the merger terms favor the bank and could cause significant losses ...

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Fadnavis Slams Opposition Over Shivaji Statue Collapse Controversy

Fadnavis Slams Opposition Over Shivaji Statue Collapse Controversy

Maharashtra’s Deputy Chief Minister, Devendra Fadnavis, criticized the opposition for their “pettiness” regarding the recent collapse of a statue dedicated to Chhatrapati Shivaji Maharaj in Sindhudurg. His remarks followed Prime Minister Narendra Modi’s public apology to those hurt by the incident. Fadnavis emphasized that the opposition is focused only on political gains, dismissing their concerns ...

Market News

LIC Faces ₹605.58 Crore GST Demand Amid Taxation Controversy

LIC Faces ₹605.58 Crore GST Demand Amid Taxation Controversy

Life Insurance Corporation of India (LIC) has received a tax demand notice amounting to approximately Rs 605.58 crore due to a short payment of Goods and Services Tax (GST) for the financial year 2019-20. The notice indicates issues related to incorrect input tax credit claims and late payment interest. This demand includes a breakdown of ...

Market News

Did Apple Copy LG? New iPad Pro Ad Sparks Controversy

A new iPad Pro ad has sparked controversy for its similarities to a previous LG ad. The ad, which features a tablet being used in various everyday scenarios, has drawn criticism for its striking resemblance to the earlier LG commercial. Is this a case of inspiration or imitation? Stay tuned for more updates on this ...

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