by pallanus | Jun 4, 2020 | Business News
South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a controversial 2015 merger and alleged accounting fraud in a suspected bid to aid his succession plans. The move spells...
by pallanus | Jun 4, 2020 | Business News
The Supreme Court Thursday sought finance ministry’s reply on waiver of interest on loans during the moratorium period after the RBI said it would not be prudent to go for a “forced waiver of interest” risking financial viability of the banks. The...
by pallanus | Jun 4, 2020 | Business News
At a time when several questions have being raised about India’s prolonged lockdown, Bajaj Auto MD Rajiv Bajaj said India has flattened the wrong curve, not coronavirus but GDP. Bajaj, who had been expressing dissent against the prolonged strict lockdown in India,...
by pallanus | Jun 4, 2020 | Business News
At around 9:30 am, BSE Sensex was trading over 100 points higher, but soon descended into negative territory. NSE Nifty, too, failed to hold 10,100 and is now struggling to stay above 10,000 points. IT and Pharma stocks emerged as top gainers in morning trade with...
by pallanus | Jun 4, 2020 | Business News
At the closure of the rights issue on June 3, RIL said that it was subscribed over 1.59 times and that it saw huge investor interest, including lakhs of small investors and thousands of institutional investors. RIL said that the allotment of equity shares will happen...
