Sebi on February 11 February Reliance Home Finance Ltd., Industrialist Anil Ambani and three other people from the Sekuritas Market for allegedly sucking funds from the company. Three other individuals are Amit Bapna, Ravindra Sudhakar and Pinkesh R Shah. In the interim order of 100 pages, regulators also hold individuals […]
Tag: Business
India to add 16 GW of renewable energy capacity in FY23: ICRA
India is likely to add an estimated 16 GW of renewable energy over FY23, standing agency ICRA said on January 10, adding that the country has a strong channel of 55 GW clean energy systems, PTI reported. In a statement ICRA noted that the outlook for capacity addition “ remains […]
FM Nirmala Sitharaman review progress on planning Mega LIC IPO
Minister of Finance Nirmala Sitharaman on Friday review the progress of planned investment from the largest insurance company in the country. The initial public offering (IPO) of the Life Insurance Corporation (LIC), is said to be the largest in the history of the country, is expected to regard the market […]
Aditya Birla Fashion & Retail to take over Reebok’s operations in India
Aditya Birla Fashion and Retail (ABFRL) has signed a long-time period licensing settlement with Authentic Brands Group (ABG) to distribute and promote Reebok merchandise in India and different ASEAN (Southeast Asian) countries. The deal marks ABFRL’s foray into the sports activities and activewear phase, one of the quickest developing style […]