demerger

Shares of Jio Financial Services were trading at Rs 239.20 apiece, down 4.99 per cent, hitting the lower circuit limit for the second straight session on the BSE. Life Insurance Corporation (LIC) on Tuesday said it has acquired 6.66…

FMCG giant ITC on Monday announced that it had received in-principle approval from the board of directors to demerge its hotel business. Under the new arrangement, a new entity called ITC Hotels Ltd will be incorporated as a…

Hindi NewsBusinessReliance Industries Limited Financial Services Business Will Be Demerged On July 20नई दिल्ली18 घंटे पहलेकॉपी लिंकरिलायंस इंडस्ट्रीज लिमिटेड यानी RIL का फाइनेंशियल सर्विसेज बिजनेस 'स्ट्रैटेजिक इन्वेस्टमेंट लिमिटेड' गुरुवार…

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The group’s new customer-focused, three-year strategy, involving the launch of a social betting feature and same-day race multi-product, aims at leveraging their digital, retail and media assets.The wagering group will pay a fully franked…

The shareholders and creditors of NMDC have approved the demerger of the company's…

Reliance Industries chairman Mukesh Ambani has resigned from the board of his group's…

Shareholders in AGL, which has assets spanning fossil fuels and renewable energy, have seen the value of their holding collapse more than 60 per cent in the past five years.LoadingThis has largely been because the influx of cheap renewable…

“It’s going to be very difficult ,” said one source familiar with the AGL board’s deliberations.Additionally, Cannon-Brookes’ investment firm Grok has increasing confidence that large shareholders will vote against the demerger rather than…

State-owned Shipping Corporation of India on Monday said its board has approved certain modifications in the scheme of arrangement for demerger of the company’s non-core assets into Shipping Corporation of India Land and Assets Ltd. As…