Amfi asks fund houses to use standardised returns for illustrations“SEBI had observed that some of the Asset Management Companies (AMCs) were indulging in practices relating to advertisements, which were no...
Adani Group refutes report on pledged sharesAs on March 27, 2023, the pledge positions of listed Adani Group companies in Adani Green stood at 3.5% as against 4.4% on December 31, 202...
Adani Group calls The Ken report on loan repayment baseless, mischievous“There has been incremental prepayment of $134 million completed after the press release of 6 Feb 2023 ($1,114 million) and 7 Mar 2023 ($90...
Gautam Adani looks to prepay up to Rs 8,000 crore-loans against shares in 45 days to soothe investor nervesThe promoter family is believed to have unwound some of their existing shareholder positions, availed of strategic finance facilities and l...
Flybe flights get cancelled after UK airline ceases trading. See detailsFlybe, a UK airline, has ceased trading and cancelled all flights. London North Eastern Railway (LNER) and British Airways are offering sup...
WhiteOak starts mutual fund business with launch of flexicap schemeThe NFO, which opens on 12th July and closes on 26th July, will have a balanced portfolio comprising both cyclical and counter-cyclical sec...
Indiabulls Real Estate swings back to profit in Q2, total income up 652%The company’s sales rose to Rs 874 crore for the half-year ended September from Rs 368 crore a year ago, while collections for the period r...
Indiabulls Real Estate, Embassy Group merger in final lap, co seeks NCLT nodThe merger has received nods from the Competition Commission of India (CCI), the stock exchanges, and the Securities & Exchange Board of In...
There is no value Vs growth, defensives Vs. cyclicals debate at White Oak: Aashish Somaiyaa“If we find that there are more opportunities in certain sectors and they are more attractive relative to some other sectors, we will still...
Promoters sell 3.1% stake in Indiabulls Real EstateThe promoters of the company are reducing their stake ahead of the completion of its merger with Embassy Group.
Indiabulls Real Estate, Embassy Group aim to complete merger by December endThe merger that will create one of India's largest listed property development platforms has received nod from anti-monopoly watchdog the C...
Indiabulls Real Estate, Embassy Group finalize merger terms, share swapThe combined entity will hold both the developers’ ongoing, completed but unsold and planned projects with 80.8 million sq ft of developmen...
India's shadow-bank risks put China in the shadeThe shadow lenders are the reason why the Indian economy isn’t withering for lack of finance.
Bharti Airtel receives regulatory nod to buy Millicom's Rwanda unitThe Sunil Mittal-led mobile carrier said Wednesday it had received approval from the Rwanda Utilities Regulatory Authority (RURA) to acquir...
Sonal Agrawal appointed to AESC board from the Asia Pacific regionThe board is chaired by Paul Benson, Regional Industrials Market Leader, EMEA at Korn Ferry and has representatives from both large integra...
- Larsen &Toubro (L&T)bags $889-million Hydrocarbon projects in UAE, Thailand
L&T has bagged three international orders totalling $889 million for hydrocarbon projects, the $11.7-billion engineering conglomerate said ...
- IHC acquires Mars, SkyGourmet
India Hospitality Corporation completes acquisition of Mars Restaurants and SkyGourmet for $110 million.