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Lenders move NCLT against Jet Airways

Remaining directors Ashok Chawla and Sharad Sharma quit carrier’s board
Hindu - Published

Jet loses last 2 directors; shares tank 43%

The endgame for Jet Airways has started with lenders deciding to take the airline to insolvency court. The airline’s last two remaining directors — Ashok Chawla and Sharad Sharma — have resigned..
IndiaTimes - Published

Etihad Airway's nominee on Jet Airways board Robin Kamark quits the company

After Kamark's exit, only Ashok Chawla and Sharad Sharma remain on Jet Airways board, which ceased operations around mid-April
Firstpost - Published

Jet Airways saga: CEO Vinay Dube, 3 senior executives deboard airline

In top-level exodus at grounded Jet Airways, four senior executives, including chief executive Vinay Dube and his deputy Amit Agarwal, have quit the ailing airline. Amid lenders scrambling to find a..
Mid-Day - Published

Aircel Maxis case: Ashok Chawla resigns as chairman of National Stock Exchange after Centre sanctions prosecution

A former finance secretary, Ashok Chawla took over as the chairman of the exchange on 28 March 2016.
Firstpost - Published

Aircel-Maxis case: NSE Chairman Ashok Chawla resigns

National Stock Exchange (NSE) Chairman Ashok Chawla on Friday resigned from his post with immediate effect citing legal developments.
Sify - Published Also reported by •Zee NewsnewKerala.comReuters India

NSE chief quits, to face prosecution in Maxis case

NSE, in a communication, said, “Ashok Chawla has resigned as public interest director/ chairman of the board of directors of the NSE with immediate effect in light of recent legal developments.”
IndiaTimes - Published

NSE chairman Ashok Chawla resigns after CBI gets sanction to prosecute him in Aircel-Maxis case

Former bureaucrat Ashok Chawla Friday resigned as chairman of the National Stock Exchange with immediate effect, the bourse said, hours after the CBI said the Centre has granted sanction to prosecute..
DNA - Published

Why Ashok Chawla quit as NSE chairman

The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case
Rediff.com - Published Also reported by •DNAZee NewsIndiaTimes

NSE says its chairman has resigned due to recent legal developments

Ashok Chawla has resigned as the chairman of the National Stock Exchange Of India with immediate effect "in light of recent legal developments," the exchange said on Friday.
Reuters India - Published

Yes Bank shortlists candidates to replace MD & CEO Rana Kapoor

In the recent past, Yes Bank has seen a spate of resignations, including that of Chairman Ashok Chawla.
Zee News - Published

Yes Bank recommends name of Brahm Dutt for post of chairman to the RBI

The Yes Bank's chairman post fell vacant after the resignation of Ashok Chawla in November following issues related to probity.
Firstpost - Published

Yes Bank board meeting: Candidate for chairman post finalised, name to be sent to RBI for approval, says private lender

The move was necessitated following the resignation of Ashok Chawla from the post last month. The Yes Bank, however, did not disclose the candidate's name.
Firstpost - Published

Poor compliance culture, governance lapses force RBI to cut Yes Bank CEO's tenure

Asking the Yes Bank board to appoint a successor to Kapoor latest by February 1, 2019, the RBI in its letter dated September 17 to the lender's then chairman Ashok Chawla also said the bank has..
DNA - Published

Yes Bank's Rana Kapoor unlikely to contest for Chairman job

Yes Bank Managing Director and CEO Rana Kapoor is unlikely to be in the fray for the post of chairman which fell vacant following the resignation of Ashok Chawla earlier this month, sources said..
DNA - Published

Yes Bank shares fall for second day in a row, down 7% after Ashok Chawla resigns as non-executive chairman

On Thursday, the Yes Bank shares had plunged over seven percent on the stock exchanges.
Firstpost - Published Also reported by •DNA

YES Bank most volatile bank stock in 2018

YES Bank's shares remained one of the most volatile stocks in the banking sphere in 2018. On Thursday, the shares plunged 7.42% after its non-executive independent chairman Ashok Chawla tendered his..
DNA - Published

TERI School of Advanced Studies Hosts its 11th Convocation

teri school of advanced studies hosts its 11th convocation
· Business Scion and Chairman of the Godrej Group Mr. Adi Godrej asks students to become sustainability leaders and promote green business practices to meet the needs for a better tomorrow. *TERI..
NewsVoir - Published

Yes Bank shares drop 9% as non-executive chairman Ashok Chawla's departure heightens concerns

Chawla's departure exacerbates the turmoil the Yes Bank management is in, after RBI denied an extension to its CEO Rana Kapoor for a second time last month
Firstpost - Published Also reported by •newKerala.comSify

Yes Bank shares drop 9% after chairman's departure

Ashok Chawla's departure exacerbates the turmoil the management is in, after the central bank denied an extension to its chief executive officer Rana Kapoor for a second time last month.
IndiaTimes - Published

Yes Bank sinks; chairman's departure heightens concerns

Yes Bank Ltd shares fell sharply on Thursday, a day after non-executive independent chairman Ashok Chawla resigned, further fuelling the uncertainty over the management of the country's fifth largest..
Reuters India - Published

Yes Bank chairman Ashok Chawla resigns with immediate effect

The bank also said that Independent Director Vasant Gujarathi too has tendered his resignation with immediate effect due to personal commitments.
Zee News - Published Also reported by •Reuters India

Yes Bank shares slip by 7 percent; 'Need a chairman who could devote more time and attention'

Yes Bank's part-time Chairman Ashok Chawla says the bank would need someone who could devote more time and attention, while resigning.
Sify - Published

Aircel-Maxis case: Ashok Chawla steps down as non-executive chairman of Yes Bank

Ashok Chawla offered to quit as controversy was being generated on his continuance on the Board of Directors following his name appearing in a Central Bureau of Investigation (CBI) chargesheet in the..
Firstpost - Published

Climate Jamboree Empowers Over 6000 Students and Youth for a Sustainable Future

climate jamboree empowers over 6000 students and youth for a sustainable future
Driving the message of sustainable development, Hon’ble Minister of State *Mr. Hardeep Singh Puri* emphasized that sustainability is going to be the fulcrum if India has to achieve SDGs. Sh. Puri was..
NewsVoir - Published

Jet Airways defers results after audit committee refuse approval

The Board of Jet Airways (India) Ltd, which met on Thursday, decided to defer the announcement of unaudited financial results for the first quarter. Adding to its ongoing financial woes, the company..
DNA - Published

Feeling 'embarrassed' about investors losing money: Jet Airways boss Naresh Goyal

Jet Airways Founder Chairman Naresh Goyal today said he felt "guilty and embarrassed" as a lot of shareholders have lost their money, amid the airline's shares plummeting on financial woes. Shares..
DNA - Published

CBI charges P Chidambaram & Karti Chidambaram as accused in Aircel-Maxis money-laundering case

In a major jolt to the former finance minister P Chidambaram and his son Karti Chidambaram, the Central Bureau of Investigation (CBI) has filed chargesheet against father and son, and 16 others as..
DNA - Published

Jet Airways to buy 75 more 737 Max planes from Boeing for $8.8 billion

Country's second largest airline by domestic market share, Jet Airways, on Tuesday announced signing a formal agreement with aircraft manufacturing giant Boeing to acquire an additional 75 single-aisle..
DNA - Published

TERI University Hosts its 10th Convocation

teri university hosts its 10th convocation
With the growing need for developing alternative methods through specialized education to create a sustainable living *TERI University* graduates today, at their convocation ceremony, dedicated..
NewsVoir - Published

Lokayukta Police unearth Rs 3 cr DA from top MPRDC official

The Lokayukta Police have unearthed disproportionate assets worth Rs three crore allegedly owned by the Madhya Pradesh Road Development Corporation (MPRDC) General Manager Ashok Chawla after he was..
DNA - Published

NSE facing 'difficult times', says chairman Ashok Chawla

NSE Chairman Ashok Chawla today told employees that the exchange is passing through difficult times and resolved to deal with legacy technology issues and organisational stress, in an apparent..
DNA - Published

13th Yes Bank AGM – June 6, 2017 Shareholders Fully Support All Resolutions Proposed by the Board of Directors of Yes Bank

13th yes bank agm – june 6, 2017 shareholders fully support all resolutions proposed by the board of directors of yes bank
· Approved all 8 resolutions with overwhelming majority · Approved the appointment of director Ms. Debjani Ghosh under the provisions of the Companies Act, 2013; · Approved Dividend at a rate..
NewsVoir - Published

NSE in process of fully settling legacy issues, says Chawla

NSE is in the process of "settling fully and finally" with Sebi some legacy issues after which its IPO should hit the market before year-end, Chairman Ashok Chawla said today amid an ongoing probe into..
DNA - Published

NSE chairman says will complete IPO by end of year - TV

MUMBAI (Reuters) - The chairman of the National Stock Exchange, Ashok Chawla, told TV channels on Monday the bourse operator would complete an initial public offering (IPO) by the end of the year once..
Reuters India - Published

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