Sebi amends takeover norms to help promoters raise holding
Sebi (Securities and Exchange Board of India) has decided to increase the permitted acquisition in holding from previous 5 per cent to now 10 per cent for promoters through creeping…
Sebi (Securities and Exchange Board of India) has decided to increase the permitted acquisition in holding from previous 5 per cent to now 10 per cent for promoters through creeping…
The Finance Ministry recently directed Public Sector Banks (PSBs) to cut their ‘avoidable’ expenditure costs until the next fiscal. In its issued order, the ministry said to banks that there…
IRB Infrastructure is raising a loan of Rs 6,000 crore via SBI and Union Bank of India to pay Maharashtra agency for owing the toll collection rights on Mumbai-Pune expressway…
On June 16, RBI’s Central Board Director, S Gurumurthy said that the economy’s growth stimulus has to come from internal demand which would happen after the final fiscal package is…
On June 16, Swiggy announced the rollout of a ‘Jumpstart Package’ for all its restaurant partners to help them resume their services smoothly. The Jumpstart Package includes elements such as…
HDFC Asset Management Company said in a filing to BSE that its promoter entity Standard Life Investments is going to sell its 5.64 per cent stake through an offer for…
BNP Paribas has decided to shut down its wealth management business in India. The decision was announced on June 16. However, the company has denied that decision was taken due…
On June 15, Sahara Group said that it has given salary increment and promotion to its employees and also said that it is unlikely to lay off any worker from…
Noida Authority has allotted land plots to Nine Companies expected to create jobs in Uttar Pradesh which is likely to employ 5,600 people after they make an investment of approx…
CEO of Indigo, Rono Dutta has said that Indigo is likely to lease its owned assets including aircraft and engines to raise money between Rs 3,000 to Rs 5,000 crore.…