Hellen Faulkar

MUMBAI: Adi and Nadir Godrej-led family group has made an open offer to acquire 26% from public shareholders of Astec Lifesciences as part of a settlement arrangement between them and the faction led by Jamshyd Godrej and Smita Crishna. They are offering a price of Rs 1,070 apiece, which is at a discount to Astec’s […]

MUMBAI: Adani Enterprises on Thursday said that it had received two show cause notices from markets regulator Sebi during the March quarter. The notices alleged “non-compliance of provisions of the Listing Agreement and LODR (Listing Obligation and Disclosure Requirement) Regulations pertaining to related party transactions in respect of certain transactions with third parties and validity

MUMBAI: Markets regulator Sebi has said that investors holding mutual fund units jointly may not nominate someone or willingly opt out of nomination, as is the case when investments are in the name of a single investor. There were MF distributors and financial planners who had raised the issue with the regulator when a nomination

NEW DELHI: Riding high on robust domestic demand, activity in the country’s manufacturing sector in April recorded the second fastest expansion in three and a half years as companies reported higher intake of new orders and scaled up production, a survey showed on Thursday.Despite slowing a tad from 59.1 in March to 58.8 in April,