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ZASH INVESTMENTS
Wipro shares in focus after Rs 4,674 crore promoter stake reshuffleWipro promoter group entities executed internal block deals worth Rs 4,674.77 crore on Wednesday. Around 18.05 crore shares changed hands a...
Wipro promoter entities swap 1.72% stake worth Rs 4,675 croreAround 18.05 crore Wipro shares, representing a 1.72 per cent stake, were transacted among promoter group entities via open market deals. A...
Premji Invest buys 1.6 pc stake in Wipro for Rs 4,757 croreAs per the data, Prazim Trading and Investment Company purchased 8,49,54,128 shares, amounting to a 1.62 per cent stake in Bengaluru-based ...
Short-format video app Lomotif ropes in Tarun Katial, Ken Cheung as senior advisorsBoth Katial and Cheung will be advising Lomotif’s senior team on growth and expansion internationally with a focus on enhancing user centri...
CBI raids at Subhiksha's offices, promoter's residenceThe Central Bureau of Investigation on Saturday raided the offices and residence of R Subramanian, promoter of the fallen retailer Subhiksh...
Subhiksha pins hopes on FDI to get back into businessSubhiksha wants to restart full-fledged operations, riding on the possible interest by foreign retailers in the country.
- Why Subhiksha Trading Services collapsed
Subhiksha appeared to be a case of gigantic, systematic fraud with the board turning a blind eye or being simply ignorant.
- Madras HC rejects Subhiksha's merger plan with Blue Green
Subhiksha had planned to merge with Blue Green Constructions and bring in Rs 230 crore to revive its operations.
- Corporate ministry to hand over Subhiksha case to SFIO
This comes a week after the regional office of MCA handed its findings and recommendations to the ministry in New Delhi.
- Promoters, PE funds fight it out at CLB
Barely weeks after the original promoters of supermarket chain Nilgiri Dairy Farm and PE firm Actis decided to resolve their differences , ...
Premji sends legal notice to board and former directors of SubhikshaAzim Premji-owned Zash Investments has upped ante in its dispute with the board of troubled retail firm Subhiksha by sending a legal notice...
- Kotak Bank opposes merger of Subhiksha, Blue Green
Kotak Mahindra Bank is the latest to join the list of those opposing the merger of troubled retail chain Subhiksha Trading Services with Ma...
- Subhiksha court hearing deferred to 17 April
The hearing on the proposed merger of troubled retail chain Subhiksha with Blue Green Constructions and Investments has been adjourned for ...
- Rs 80 lakh PF dues recovered in Subhiksha case
A month after the chennai office of the EPFO passed an order asking Subhiksha to pay Rs 1.76 crore of PF dues to its employees, the organis...
- Employees Provident Fund Organisation attaches Subhiksha accounts
EPFO has attached cash-strapped discount retail chain Subhiksha's bank accounts towards clearing part of the PF dues of 4,600 employees of ...
- Hearing on Subhiksha adjourned to two weeks
The hearing on the proposed merger of troubled retail chain Subhiksha with Blue Green Constructions and Investments has been adjourned for ...
- Subhiksha’s deadline up to pay PF dues, authorities begin recovery process
The noose is tightening around troubled retail chain Subhiksha. After lenders and employees, its now the turn of provident fund authorities...
ICICI, Zash differ over SubhikshaDifferences have cropped up between Zash Investment, a private equity firm owned by Wipro chairman Azim Premji, and ICICI Venture over the ...
ICICI Venture execs resign from Subhiksha boardIt is learnt that representatives of ICICI Venture, which holds 23% in the retail chain, Rama Bijapurkar, have quit the board. Emptier mall...
Subhiksha's 1,600 stores likely to remain closed till MayBeleaguered retailer Subhiksha’s 1,600 stores will be non-operational at least till May this year.