Missing Sai Infosystem CMD Sunil Kakkad The ministry of communications and IT is planning to ban Sai Infosystem for a period of five years. The government department has issued a notice in this regard to the company asking the latter to respond ... DQ Week, 2 weeks ago
Govt. May Impose Ban On Sai Infosystems - Channel Times, 2 weeks ago
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State Bank of India (SBI) led consortium, would reportedly be taking over the management of Sai InfoSystem (India), the company which defaulted on its debt payments of worth over Rs 1035 crore. The consortium has roped in Alvarez & Marsal to make ...Indian-Commodity, 2 months ago Raghuram Rajan's fight against loan defaulters faces first test; SBI-led consortium moves to take control of Sai InfoSystem Economic Times, 2 months ago SBI-led consortium to take control of Sai InfoSystem Economic Times, 2 months ago
Shivanand Shankar Mankekar, one of the largest retail share-holders in USL, keeps a low profile despite his stock gains; he teaches at management college. Dressed in a simple green T-shirt and trousers, Shivanand Shankar Mankekar barely looks like ...Mumbai Mirror, 3 days ago
As bad loans pile up, the message from PSU bankers to errant promoters is loud and clear: shape up, or ship out. PSU bankers are keen to shed their tag of being passive observers, and are aggressively pursuing recovery efforts, taking over ...Economic Times, 1 month ago
It is only a matter of days before the Reserve Bank of India (RBI) announces its shortlist of new bank licensees. India Post, which has pitched its application on the strength of its unparalleled network spanning 155,000 post offices, is considered ...Business Standard India, 1 month ago
MUMBAI: Sree Metaliks, a maker of sponge iron in Odisha, could well be the second company where promoters may end up relinquishing management control over loan default. Agarwals, the founders of the company, face the prospect of losing the company ...Economic Times, 1 month ago
E ssar Energy Plc's said its largest shareholder, Essar Global Fund Ltd, has made a possible offer of 70 pence per share for the 22% stake it does not own in the London-listed oil and gas producer. The proposal outline valued Essar Energy, which is ...VC Circle, 2 months ago
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