MCA penalises LinkedIn India, Satya Nadella & Ryan Roslansky
The penalties have been imposed for failing to comply with provisions under the Companies Act
by
Published: May 23, 2024 9:57 AM | 1 min read
Follow Us
The ministry of corporate affairs has penalised LinkedIn India, Microsoft CEO Satya Nadella and LinkedIn CEO Ryan Roslansky.
A Rs 2-lakh penalty has been imposed for failing to comply with provisions under the Companies Act and not disclosing significant beneficial ownership, media reports said.
Eight other indviduals have been fined up to Rs 5 lakh in the case.
Microsoft had reported its strongest financial quarter to date in January this year after becoming a $3 trillion company. Its profit for the October-December quarter had soared to 33%, powered by its significant investments in Artificial Intelligence.
Read more news about Marketing News, Advertising News, PR and Corporate Communication News, Digital News, People Movement News
For more updates, be socially connected with us on
Instagram,
LinkedIn,
Twitter,
Facebook,
YouTube
&
Google
News
