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March 13, 2024
British American Tobacco (BAT) has sold a 3.5% stake in ITC. The stake has been sold in a block deal. BAT has realised a total of Rs 17,491 crore from...
March 11, 2024
Aditya Birla Finance (ABFL) is a 100% subsidiary of Aditya Birla Capital (ABCL). ABFL is a non-listed NBFC whereas ABCL is a listed holding company. The proposed merger is to...
March 5, 2024
RBI barred JM Financial Products (a subsidiary of JM Financial) from extending loans against shares, including financing subscriptions to IPOs of shares and debentures, with immediate effect over irregularities and...
March 4, 2024
Reserve Bank of India (RBI) has found various significant lapses in IIFL Finance‘s (IFL) Gold Loan business. It has consequently, directed the Company to cease and desist, with immediate effect,...
March 4, 2024
This was being expected for long but couldn’t happen before as individual businesses were not stabilised and needed to support each other. Finally, given Tata Motors’ (TML) significant turnaround across...
February 29, 2024
After months of speculation, the mega merger has been officially announced. Key points to note – Reliance Industries (RIL), Viacom 18 Media Private Ltd, and The Walt Disney Company (Disney)...

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