MUMBAI/NEW DELHIIndia's Bombay Stock Exchange (BSE) will consult the market regulator and seek clarifications from Future Retail and Reliance Industries about their $3.4 billion transaction, following Amazon's objection to the deal, an exchange source said.
NEW DELHI/MUMBAI The Karnataka High Court ruled on Saturday that Franklin Templeton Mutual Fund will need to seek approval from unit holders before winding up six schemes with combined assets of some 280 billion rupees ($3.8 billion).
MUMBAI/DUBAI Indian entrepreneur BR Shetty has filed a complaint with federal investigative agencies in India seeking a probe into two former top executives of his companies and two Indian banks related to a multibillion dollar financial scandal engulfing his group.
MUMBAI Netflix has released three episodes of its four-part series about four Indian tycoons facing fraud allegations after a state court lifted an injunction, a lawyer for the world's largest streaming service said on Monday.
MUMBAI, Oct 5 Netflix has partially
released its much-awaited series on four Indian tycoons facing
fraud allegations after a state court lifted an injunction over
the weekend, a lawyer representing Netflix said on Monday.
NEW DELHI India's fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from a big borrower have been disrupted by the coronavirus pandemic, the bank's administrator said in a court filing seen by Reuters.
SINGAPORE/MUMBAI/DUBAI An Indian court has issued a second arrest warrant for a marine refuelling tanker owned by troubled UAE oil trader GP Global after it failed to make payments to its ship manager, court documents showed.