Indices At Day’s High Led By IT, Realty, Banks; RBL Bank Most Active
Active pharmaceutical ingredients manufacturer Supriya Lifescience, the 64th listing in 2021, is expected to debut with around 50 percent premium on December 28 Experts cited attractive valuations, strong financial track record with maximum income from exports, increasing growth potential in the pharma space and healthy return ratios for the expectations of the healthy listing. The […]
Amazon Sues Financial Crime Agency In Latest Twist Of Indian Battle
Amazon.com Inc is taking India’s financial crime fighting agency to court, seeking to quash an investigation into one of its 2019 deals, a court filing seen by Reuters shows.India’s Enforcement Directorate (ED) has for months been probing Amazon’s $200 million investment in India’s Future Group for suspected violations of foreign investment laws The investment is […]
RBI Rejects Religare Finvest’s Proposal To Rename Itself
The Reserve Bank of India rejected Religare Finvest Ltd’s proposal to rename itself Care Financial Services and declined to new management status to the existing management – a move that would derail debt restructuring of the finance company, said people aware of the matter As per the RBI’s regulations, lenders cannot restructure loans of borrowers […]
