Aditya Birla Capital invests Rs 499.99 cr in Aditya Birla Finance (26-09-2024)
Pursuant to the aforesaid investments, there is no change in the percentage shareholding of ABCL and ABFL continue to be wholly owned subsidiary of the Company.
Ola Electric launches its ‘Network Partner Program’ (26-09-2024)
Ola Electric announced the launch of its ‘Network Partner Program’. This program is aimed at taking the EV revolution further into tier-2 and tier-3 cities, including urban pockets where EV penetration still remains low.
Sebi amends rules; introduces fixed price process for voluntary delisting (26-09-2024)
Markets regulator Sebi has notified rules allowing companies to delist shares through a fixed price mechanism as an alternative to the reverse book building process, a move aimed at facilitating ease of doing business for listed firms. Under the Reverse Book Building (RBB) process, a firm planning to delist its shares from the stock exchange needs to initiate the process by making a public announcement.
U.S. Economy Had Stronger Rebound From Pandemic, G.D.P. Data Shows (26-09-2024)
Updated figures show that gross domestic product, adjusted for inflation, grew faster in 2021, 2022 and early 2023 than previously reported.
Board of Indian Bank approves raising additional Rs 5000 cr in long term infra bonds (26-09-2024)
At meeting held on 26 September 2024
Sebi cuts listing time to T+3 working days for public issue of debt securities (26-09-2024)
Sebi on Thursday decided to reduce the timeline for listing of public issue of debt securities to three working days from six days at present, to facilitate faster access to funds. This new timeline will be optional for the first year and mandatory thereafter.