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The Securities and Exchange Board of India (SEBI) has debarred Zee Entertainment Enterprises (Zee) promoter and Essel group Chairman Subhash Chandra and Managing Director (MD) and Chief Executive Officer (CEO) Punit Goenka from holding key positions in any listed company for allegedly diverting assets of Essel Group companies.The matter pertains to the Letter of Comfort (LoC) granted by Chandra in September 2018 towards credit facilities taken by certain group companies from YES Bank. The credit amounted to Rs 200 crore.The allegations are that these guarantees were given without approval from the board and were used to siphon off funds by the promoters.
Which of the following is known as the Rain forests of the oceans?
Who is set to receive the 2023 International Prize in Statistics, often known as the Nobel Prize in statistics?
To which of these countries India has gifted a Dornier Maritime Reconnaissance aircraft on the auspicious day of 15th August to strengthen the maritime ...
For the generation of solar power, which of the following states has partnered with NLC India Ltd. ?
Which legislative assembly became the first in Independent India to pass a Uniform Civil Code Bill?
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What was the theme for World AIDS Day 2022?
Which state has recently become the first state to publish an encyclopedia based on tribal communities?
