The two parties are yet to come to an agreement over Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka leading the merged entity after Sony expressed concerns after market regulator Sebi barred him from holding managerial posts in Zee and any of the entities in a fund-diversion case.
As per the original merger plan, Sony would have held 51 per cent stake in the entity and promoters’ share would have been 4 per cent while the rest would have been held by the public
Bajaj Hindusthan Sugar is an integrated sugar company with an extensive network of 14 mills spread across Uttar Pradesh. It has an aggregate sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD) and alcohol distillation capacity of 800 kilolitres per day (KLD).
“I have asked all my advisors and my people can we have all products (businesses that Vedanta operates) or some products to be independent,” Agarwal said in a video message posted on YouTube.
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Forex traders are awaiting the US Federal Reserve’s monetary policy decision to be announced on Wednesday.
PM Narendra Modi was addressing the second edition of World Food India at Bharat Mandapam in the national capital. The three-day event will conclude on November 5.
A high debt to GDP ratio indicates that debt and GDP of those economies are not well balanced and they don’t produce goods and services sufficient to pay back debts without incurring further debt.