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MANIPULATED STAKE ACQUISITION
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
CCI levies Rs 50 lakh penalty on Manipal Group for not disclosing stake hike in Aakash Educational ServicesThe Competition Commission of India has fined Manipal Group Rs 50 lakh. This penalty is for not disclosing stake increases in Aakash Educat...
How managements hide debt, losses, and disputes without breaking a single accounting rule – and take investors for a rideA listed company rarely operates alone. Behind it can sit a web of subsidiaries, step-down entities, associates, overseas arms, and special...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
$1 investment turned $328.6 million for NRI investor, SEBI steps inSEBI barred LS Industries and related entities from trading due to alleged stock price manipulation. Dubai-based investor JPP profited sign...
Stocks in news: VST Industries, DMart, Hindustan Zinc, RVNL, Adani EnterprisesBank of Maharashtra's total business rose 19% year-on-year to Rs 4.35 lakh crore in the December quarter, compared with Rs 3.66 lakh crore.
Ambuja Cements acquire Sanghi Industries, stock jumps 7%Following the news the shares of Ambuja Cements jumped 7% to the day's high of Rs 510.40 on the NSE while those of Sanghi Industries hit 5%...
Supreme Court defers further hearing in Adani-Hindenburg case to AugustUS-based short-seller Hindenburg in January this year levelled multiple allegations against the head of the Indian conglomerate, accusing i...
NDTV to move out of short-term additional surveillance from June 7NDTV will exit the stock exchanges' short-term additional surveillance framework from Wednesday, following a rally in its stock prices. The...
Adani Group clears dues on margin-linked share-backed loans of $2.15 billionThis is in line with promoters’ commitment to increase equity contribution, and promoters have now infused $2.6 billion, out of total acqui...
Ambuja Cement, ACC say no shares pledged by promoter Adani groupWe would like to clarify that none of the shares of Ambuja or ACC has been pledged by Promoters. The Promoters have only provided a non-dis...
US SEC questions Elon Musk over late disclosure about his stake in TwitterThe SEC said that Musk "likely used the wrong form when he eventually disclosed his stake".
Musk sued by Twitter investors for stock 'manipulation' during takeover bidThe investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14. They a...
Tesla's Elon Musk may add to SEC ire with late report about Twitter stakeU.S. securities law requires disclosure within 10 days of acquiring 5% of a company, which in Musk's case would be March 24. A late report ...
CAIT threatens nationwide agitation over Walmart-Flipkart dealRetail trader body Confederation of All India Traders (CAIT) has threatened nationwide agitation if the government clears USD 16 billion Wa...
Rajus made over Rs 3K cr since 2000 by offloading stakesRaju and family systematically offloaded their stakes in the co while artificially inflating the stock price with imaginary profits and bra...
- HSBC terminates agreement to buy South Korean bank
HSBC Holdings PLC said on Friday it has canceled an agreement to purchase a controlling stake in a South Korean bank from US private equity...
- Delay in SEBI nod holds up Daiichi's Ranbaxy offer
According to sources, SEBI may be looking into the stock price movement of Ranbaxy at the exchanges, but this could not be independently co...
- Delay in SEBI nod holds up Daiichi's Ranbaxy offer
According to sources, SEBI may be looking into the stock price movement of Ranbaxy at the exchanges, but this could not be independently co...
- HSBC to buy 51% of Korea's KEB for $6.3 bn
Global banking giant HSBC said on Monday it had agreed to buy half of South Korea's sixth-biggest bank, but the deal could face regulatory ...