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Category: Business Updates

Business Updates

Dabur promoter Burman family announces Rs 2,116 cr open offer for 26% stake in Religare

May 10, 2020By businessreputationdata

The open offer is made with the intention to increase the family’s stake and take control of REL. Post offer the family’s stake in Religare is expected to increase from about 21 per cent at present to 51 per cent.

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Business Updates

Air India releases first look of A350 planes after major logo change

May 9, 2020By businessreputationdata

The airline had rebranded itself earlier this year with a new logo ‘The Vista’ and a new red-aubergine-gold look.

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Business Updates

Markets decline in early trade; later face volatile trends

May 9, 2020By businessreputationdata

The 30-share BSE Sensex declined 342.74 points to 65,639.74 after a weak beginning. The Nifty fell 97.75 points to 19,667.45.

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Business Updates

EPFO records highest net member addition of 18.75 lakh in July

May 9, 2020By businessreputationdata

Gender-wise analysis of payroll data shows that during July 2023 around 3.86 lakh net female members have been added to the payroll.

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Business Updates

FM Nirmala Sitharaman calls for concerted global efforts to restructure debt for poor countries

May 8, 2020By businessreputationdata

Nirmala Sitharaman that India has ensured that so far the geopolitical differences do not supersede international cooperation which is the core mandate of the G20 grouping and the summit.

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Business Updates

Sensex, Nifty hit fresh all-time highs in early trade

May 7, 2020By businessreputationdata

Rallying for the fifth day running, the 30-share BSE Sensex jumped 322.08 points to reach its new lifetime peak of 72,360.51 in early trade. The Nifty climbed 90.85 points to reach its all-time high of 21,745.60.

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Business Updates

Sebi extends deadline to add nominees for demat account holders till December end

May 5, 2020By businessreputationdata

“With respect to demat accounts, it has been decided to extend the last date for submission of ‘choice of nomination’ to December 31, 2023,” Sebi said in a circular.

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Business Updates

Thali prices decline by 3-5% in Dec: Crisil

May 4, 2020By businessreputationdata

The cost of non-vegetarian thali came down to Rs 57.6 in December from Rs 60.4 in November and vegetarian thali declined to Rs 29.7 from Rs 30.5.

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Business Updates

Strengthen financial, operational resilience: RBI Governor to UCBs

May 4, 2020By businessreputationdata

Das met the directors on the boards of tier 3 and 4 UCBs in Mumbai Zone on Wednesday. In May, he met the directors of state-run and private sector lenders.

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Business Updates

Liberty General Insurance appoints Parag Ved as CEO

May 4, 2020By businessreputationdata

Liberty General Insurance on Thursday announced the appointment of Parag Ved as its chief executive and a director on the board.

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