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Karnataka HC sets an accelerated timeline to resolve all Franklin cases

MUMBAI, July 8 -- The Karnataka high court has set an accelerated timeline to dispose all the six petitions against Franklin Templeton India's decision to wind up six of its debt schemes. This is to e... Read More


HUL seeks injunction against Emami over trademark

Mumbai, July 7 -- Hindustan Unilever Ltd's (HUL) move to rebrand and rename its popular skincare product "Fair & Lovely" and "Men's Fair & Lovely" brands to "Glow & Lovely" and "Glow & Handsome", resp... Read More


Injeti Srinivas appointed as first chairman of IFSC

Mumbai, July 6 -- The newly set up regulator International Financial Services Centre (IFSC) for Gandhinagar situated financial social economic zone (SEZ) or Gujarat International Finance Tech (GIFT) c... Read More


Govt notifies appointment of Injeti Srinivas as chairman of IFSCA

Mumbai, July 6 -- Senior bureaucrat Injeti Srinivas has been appointed as the first chairman of the International Financial Services Centre Authority (IFSCA) for the Gandhinagar-based financial specia... Read More


Injeti Srinivas appointed as first chairman of IFSC regulator

Mumbai, July 6 -- The newly set up regulator International Financial Services Centre Authority (IFSC) for Gandhinagar situated financial social economic zone (SEZ) or Gujarat International Finance Tec... Read More


HUL seeks injunction against Emami's threat on its trademark 'Glow and Handsome'

Mumbai, July 6 -- Hindutsan Unilever Ltd (HUL) rebranding and renaming of its popular product 'Fair & Lovely' and 'Men's fair & lovely' has landed in the Bombay High Court. The FMCG major has moved fo... Read More


SAT rules Sebi can enhance penalties imposed on ICRA in IL&FS case

New Delhi, July 6 -- The Securities Appellate Tribunal (SAT), in an order, has ruled that Securities and Exchange Board of India (Sebi) has powers to enhance penalties or levy higher penalty than orig... Read More


Markets regulator amends takeover code

New Delhi, July 3 -- The Securities and Exchange Board of India (Sebi) on Thursday, 25 June, relaxed rules on pricing shares in preferential allotments, in a relief for companies struggling to raise f... Read More


IDBI Bank to sell 27% stake in IDBI Federal Life Insurance

MUMBAI, June 27 -- IDBI Bank on Saturday said it will sell part of its stake in IDBI Federal Life Insurance to Belgian multinational insurance company Ageas Insurance and Federal Bank. Ageas will acqu... Read More


CBI registers case against Moser Baer and directors for fraud of Rs 787 crore

New Delhi, June 26 -- The Central Bureau of Investigation (CBI) on Friday registered a criminal offence case against the Delhi based Moser Baer Solar Ltd and its directors including Dipak Puri and Rat... Read More