Bengaluru: Consumer appliances maker Atomberg Technologies has converted itself from a private company into a public company as it prepares for a potential initial public offering of up to Rs 2,000 crore.The company’s shareholders approved changing its name from Atomberg Technologies Private Limited to Atomberg Technologies Limited. The Registrar of Companies approved the conversion on…
Ahmedabad: Companies that fail to use the extended window under the Companies Compliance Facilitation Scheme (CCFS) 2026 will face stricter regulatory action after the scheme closes on Aug 31.The ministry of corporate affairs has indicated that the scheme is a one-time compliance reset. Once the deadline passes, enforcement action is expected against companies that continue…
Bengaluru: A city civil court recently directed the former chairman of Karnataka State Handicrafts Development Corporation Ltd (KSHDCL) to repay Rs 44.1 lakh for misusing public funds.The controversy dates back to Nov 2020, when govt appointed Beloor Raghavendra Shetty, a 42-year-old resident of Dollars Colony, as director and chairman of KSHDCL. Established in 1964, the…
Before moving the files from the Smart City building, the MC filmed the entire collection process to maintain a strict chain of custody and ensure no documents were misplaced. Chandigarh: The municipal corporation has handed over comprehensive financial records and employee dossiers to the Central Bureau of Investigation (CBI) to assist in its ongoing probe…
