March 15 will always be remembered as a landmark date for the Indian legal industry as the Bar Council of India (BCI), the apex body regulating legal practice in the…
Category: Companies
Here’s why investors are again keen on Adani Group companies
Developments related to the Adani Group are generally quick and significant. If the decline following the publication of the Hindenburg report on January 23 was sharp—the group’s overall worth plummeted…
Citi India’s big challenge: Getting more value for Axis Bank’s high-end customers
Citi India customers can finally bank with Axis Bank. One year after the big-ticket Axis Bank-Citi retail assets transaction was completed, the country’s third-largest private sector bank is finally integrating…
Credit Suisse crisis: Saudi National Bank says Swiss banking major never asked for any assistance after Oct
Saudi National Bank (SNB) on Thursday has clarified that Credit Suisse had never asked for capital infusion or any assistance in the first place. On Wednesday, Credit Suisse stocks lost…
‘Will be diluting around 6% stake’: Ramdev says process of another FPO for Patanjali Foods to start from April
The promoters of Patanjali Foods Ltd on Thursday said they do not foresee any adverse or negative impact on the financial position of the company owing to the instant freeze…
Vinod Adani is part of ‘promoter group’ of ACC and Ambuja Cements, clarifies Adani Group
Adani Group on Thursday clarified that Vinod Adani, elder brother of conglomerate’s chairman Gautam Adani, is part of the “promoter group” of various listed entities within it. “We would like…
Richard Branson’s Virgin Orbit to pause ops, sends nearly all employees on furlough
On Wednesday, Richard Branson’s Virgin Orbit said that they are pausing all operations from March 16. According to the news agency Reuters, the satellite launch company, which is part of…
ED conducts search on Franklin Templeton’s top management
The Enforcement Directorate (ED) is reportedly conducting searches at some places linked to asset manager Franklin Templeton and its former and current executives as part of a money laundering investigation.…
‘Can stand out in this turbulence’: Uday Kotak is confident about India amidst global turmoil
Amidst global turmoil in the financial markets since the collapse of Silicon Valley Bank (SVB), and fresh trouble at Credit Suisse, billionaire Uday Kotak said that India can stand strong…
Future Retail executive chairman Kishore Biyani withdraws resignation letter after a month
Debt-ridden Future Retail Ltd (FRL) on Wednesday stated that Kishore Biyani, who had resigned as executive chairman and director of the company in January, has now withdrawn his resignation. Biyani…