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Delhi HC upholds TRAI’s 12-minute ad cap for TV channelsThe Delhi High Court has upheld the Telecom Regulatory Authority of India's rule limiting television advertisements to 12 minutes per hour....- Andhra’s new gold mine could change India’s import storyIndia is set to launch its first large-scale private gold mine, the Jonnagiri project in Andhra Pradesh, aiming to boost domestic productio...
- Daiwa Securities invests Rs 285 cr in Ambit’s wealth management armThird strategic investment by the Japanese financial group in as many years. Infusion of primary capital will help to launch new products, ...
- Goldi Solar sees over Rs 1,400 crore capital infusion from Havells India, othersGoldi Solar has secured over Rs 1,400 crore in a significant funding round. Havells India led the investment, joined by other prominent inv...
- Adani arm buys Granthik Realtors for Rs 86 cr to boost infra development plansAdaniConneX Pvt Ltd, a joint venture of Adani Enterprises Ltd, has acquired a 100% stake in Granthik Realtors Pvt Ltd for Rs 85.99 crore. T...
- Patanjali Ayurveda forays into insurance sector, acquires majority stake in Magma General InsurancePatanjali Ayurved, led by Yoga Guru Ramdev, and the Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance from Sanoti Pr...
- Akums Drugs files draft IPO papers with Sebi; eyes Rs 680 cr via fresh issueThe company is looking to raise Rs 136 crore through a pre-IPO placement. If such placement is undertaken, then fresh issue size will be re...
- Royal sheikh of Abu Dhabi bets big on genomicsThe company has created a product that combines the power of genetics (via DNA analysis) with psychometrics and a unique dAPP titled YourOn...
- Reliance General Insurance takes legal opinion on Hinduja's plan to extinguish ESOPs of RCAP subsidiariesReliance General Insurance has issued ESOPs to its employees. Khaitan & Co in its legal opinion submitted to the RGIC has opined that under...
- Japanese companies are increasingly looking at India as their China+1 partner: Daiwa CEODaiwa Securities Group Inc, a Japanese financial services firm, plans to expand its presence in India through an investment in Ambit. The c...
- Singapore's AG&P in talks to acquire 70% in Hiranandani EnergyAG&P is close to picking up a 70% stake in H-Energy and one of its subsidiaries, while Darshan Hiranandani will hold on to the remaining 30...
- Manappuram Finance: Sebi disposes of insider trading charges against Kotak Mahindra Life InsuranceIt was alleged that Kotak Mahindra Life Insurance sold shares of MFL while in possession of unpublished price sensitive information about t...
- Singh brothers & Daiichi case: High Court orders debtors not to sell assetsThe court has also directed an additional 31 garnishees to disclose any assets that could be used to repay their debt.
- IndiaFirst Life to sell stake to Warburg PE; board meet todayMumbai based investment bank Ambit Corporate Finance Pvt. Ltd has advised Legal and General Group on the sell out process.
- Wipro buys back shares worth Rs 1,963 crore from Premji-owned trustsThe bulk of the Rs. 1963 crores is expected to help Premji's broader philanthropic ambitions in the near future.
- Ambit Alpha Fund's AUM touches Rs 850 croreAmbit Alpha Fund which was launched by Ambit Investment Advisors, has given significant returns over the last year and its AUM has touched ...
- Pawan Hans, AAI set to fly on Dalal Street; top five IPOs to watch out for in 2015Proposals for listing of AAI and Pawan Hans have been made in the Draft Civil Aviation Policy, released by Civil Aviation Minister Ashok Ga...
- Market needs positive, constructive signs from policymakers: Ashok Wadhwa, Ambit HoldingsFor the market to react positively in this environment, something constructive, something positive, and something significant has to happen.
- 2G Scam: Probe hinges on seven star witnessesGiven that witnesses often turn hostile, the recording of statements of witnesses before a magistrate ensures they would stick to their ver...
- Tata Tea to enter tea tourismThis initiative will be routed through Amalgamated Plantations Pvt Ltd (APPL), Tata's brand new entity.
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