Jan 21, 2021
By: Navdeep YadavIt asked Future Group to specifically mention the pending litigation while seeking shareholders’ or NCLT approval.
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In October, Aditya Birla Fashion approved plans to raise ₹1,500 crore by issuing a 7.8 percent stake to Flipkart.
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Axis Bank, Axis Capital and Axis Securities will acquire a total 19 percent stake in Max Life.
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The company’s Q3 net profit rose 5 percent to ₹369.26 crore.
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The ₹1,000 crore IPO of Indigo Paints clocks in strong response, subscribed 1.9 times on the day one.
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Analysts fear the margin may get squeezed by high raw material cost and the discounts offered during the period.
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Bajaj Finance profit fell 29 percent in Q3, as income dropped and stressed assets inched higher.
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Ola partners with Siemens to build India’s most advanced electric vehicle manufacturing facility in Tamil Nadu.
Credit: BCCL
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