The National Company Law Appellate Tribunal (NCLAT) on Thursday dismissed a petition filed by minority shareholders of printing solutions company Minosha India, formerly Ricoh India, challenging their “wrongful expulsion” from the company via capital reduction scheme.The bench, led by Justices Yogesh Khanna and Ajai Das Mehrotra, noted that the appellants, who are minority shareholders.
Open FlipTruecaller, a caller identification app, has welcomed the Calling Name Presentation (CNAP) Supplementary service recommended by the Telecom Regulatory Authority of India (Trai), asserting that it will complement its existing caller ID application service without adversely affecting its business. "We welcome this move as nobody can solve this spam problem alone."
Open FlipShares of Power Finance Corporation extended its rally for the fourth straight session, surging over seven percent on May 2. The stock has seen a robust move on the back of strong volumes.So far in the day, a total of 4 crore shares of PFC have changed hands on BSE and NSE combined, compared to one-week and one-month average trading volume of two crore and one crore shares, respectively.
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