RBI approves Burmans' open offer to acquire 26% stake in Religare
The New Indian Express Vishakapatnam|December 11, 2024
THE Reserve Bank on Tuesday approved the open offer of Burman family, the promoters of FMCG major Dabur, to acquire an additional 26% stake in NBFC firm Religare Enterprises Ltd (REL).
ENS ECONOMIC BUREAU @ New Delhi

The RBI directed maintaining of the current board/management structure of REL. The central bank said it has granted its "approval for the proposed increase in shareholding of existing shareholders", -- four Burman family entities Puran Associates, VIC Enterprises, MB Finmart, and Milky Investment & Trading Company -- in Religare Enterprises Ltd (REL).

Esta historia es de la edición December 11, 2024 de The New Indian Express Vishakapatnam.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 11, 2024 de The New Indian Express Vishakapatnam.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE THE NEW INDIAN EXPRESS VISHAKAPATNAMVer todo
The New Indian Express Vishakapatnam

I Know How to Play Real Characters

Jennifer Lopez speaks to Katie Ellis on how Unstoppable made her realise that she can overcome anything in life

time-read
3 minutos  |
December 22, 2024
The New Indian Express Vishakapatnam

Of Our Non-violent Ancestors

Pattanaik provides a comprehensive insight into the mysterious world of the Harappan civilisation

time-read
1 min  |
December 22, 2024
The New Indian Express Vishakapatnam

The Corrosive Power of Pride

Pride fosters a sense of superiority that harms relationships, distorts the mind, and impedes personal and spiritual growth

time-read
1 min  |
December 22, 2024
The New Indian Express Vishakapatnam

Market on the Sands

The Rathgama Wella Fish Market

time-read
2 minutos  |
December 22, 2024
The New Indian Express Vishakapatnam

Market on the Sands

The Rathgama Wella Fish Market

time-read
1 min  |
December 22, 2024
The New Indian Express Vishakapatnam

Stop Inane and Diversionary Debates, and Focus on What Really Matters

Acute Angle

time-read
4 minutos  |
December 22, 2024
The New Indian Express Vishakapatnam

Stepping Across the Worry Lines

The Raghu Dixit Project launches a new album Shakkar as a vernacular statement about India and diversity

time-read
3 minutos  |
December 22, 2024
The New Indian Express Vishakapatnam

Untangled Threads He Weaves

An embroiderer who grew up poor is a celebrity in demand with collectors and artists

time-read
2 minutos  |
December 22, 2024
The New Indian Express Vishakapatnam

Every Woman's Brushstrokes

A beautiful blue and pink-hued sky surrounded by lush greenery. Within this is a tree with specks of orange and yellow, besides which is a bed where a woman is sleeping her flowing tresses falling into the foliage.

time-read
1 min  |
December 22, 2024
The New Indian Express Vishakapatnam

Untangled Threads He Weaves

An embroiderer who grew up poor is a celebrity in demand with collectors and artists

time-read
1 min  |
December 22, 2024