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Finance ministry seeks applications for Irdai Whole Time Member post
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Last Updated: Mar 08, 2021, 04:54 PM IST
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Insurance Regulatory and Development Authority of India has a ten-member team led by the Chairman alongside five Whole Time Members and four Part Time Members, which are being filled by the government.
The current Whole Time Member (Finance and Investment) Pravin Kutumbe assumed charge on March 12, 2018.
The finance ministry has invited applications for the post of a Whole Time Member (Finance and Investment) at insurance regulator Irdai. The applicant should preferably have at least 25 years experience in the area of finance and investment, with a minimum of three years experience at a senior level, Department of Financial Services said in an advertisement.
IndiGo Parent Company InterGlobe Aviation Settles SEBI Case for Allegedly Violating Norms
Pending adjudication proceedings, InterGlobe Aviation proposed to settle the instant proceedings initiated against it, without admitting or denying the findings of fact and conclusions of law, through a settlement order.
View of IndiGo flight. Photo: PTI
Business10/Feb/2021
New Delhi: InterGlobe Aviation, the parent of the country’s largest airline IndiGo, has settled with SEBI a case of alleged corporate governance lapses and listing norms violations that were raised by the company’s co-promoter Rakesh Gangwal.
The company has settled the matter “without admitting or denying any violation on its part,” by paying a settlement charge of Rs 2.1 crore, according to a SEBI order passed on Tuesday.
InterGlobe Aviation settles case with Sebi amid promoters feud
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InterGlobe Aviation settles case with Sebi amid promoters feud
PTI / Feb 9, 2021, 21:45 IST
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(Representative image)
NEW DELHI: InterGlobe Aviation, the parent of the country s largest airline IndiGo, has settled with Sebi a case of alleged corporate governance lapses and listing norms violations that were raised by the company s co-promoter Rakesh Gangwal.
The company has settled the matter without admitting or denying any violation on its part, by paying a settlement charge of Rs 2.1 crore, according to a Sebi order passed on Tuesday.
The order comes more than a year after InterGlobe Aviation s co-promoter Gangwal alleged corporate governance lapses at the company. Gangwal and co-promoter Rahul Bhatia have differences over certain corporate governance matters. Bhatia camp had rejected the allegations.
InterGlobe Aviation pays ₹2.10 crore to SEBI to settle alleged violation of norms
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(REUTERS)
SEBI disposed of the proceedings against InterGlobe Aviation, according to news agency
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InterGlobe Aviation Ltd has settled a case with the Securities and Exchange Board of India involving alleged violation of corporate governance norms raised by its co-founder and director Rakesh Gangwal. The company paid ₹2.10 crore to the regulator. The company settled the matter without admitting or denying any violation on its part, by paying a settlement charge of ₹2.1 crore, according to a SEBI order, reported
PTI. The watchdog initiated an investigation against the airlines after it had received several complaints from Rakesh Gangwal alleging several violations.