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Welcome To IANS Live - BUSINESS - Shareholders of Prime Focus challenge price of open offer made by promoters, the Namit Malhotra Family

Photo Credit: IANS IANSLive New Delhi, Feb 24 (IANS) Shareholders of Prime Focus including Reliance Media Works Financial Services Private Limited, which holds significant equity stake in Prime Focus have challenged the low valuation of Rs. 44.15 per share offered to the retail and public shareholders of Prime Focus under the open offer made by Namit Malhotra Family, the Promoters of Prime Focus. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Pr...
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From beneficiary to business owner: Levi's story

From beneficiary to business owner: Levis story 6 Feb, 2021 08:00 PM 4 minutes to read Levi Menzies has started his own business after spending years on the sickness benefit. Photo / George Novak There were times Id go in there bawling my eyes out and say I cant accomplish this, its too hard. Those are the words Levi Menzies uses to describe his journey off the sickness benefit and into work - with the help of the Ministry for Social Development. The 27-year-old, who said he ...
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Crew Energy Inc. Provides Operations Update Highlighted by Strong Production Gains and Robust Capital Efficiencies

Crew" or the " Company") is pleased to provide an update on the progress and achievements realized following the announcement of our innovative 2021 and 2022 asset development plan, released on December 10, 2020. We are also pleased to provide production estimates for Q4/20 and full year 2020, along with current production levels and details on our recent drilling and completion activities. Production (CNW Group/Crew Energy Inc.) AFF Growth (CNW Group/Crew Energy Inc.) 9-5 Curve (CNW Group/Crew...
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Guest column: Communication trends in 2021 that will shape the industry

Modern consumers now seek a humane approach from brands. 03 Jan, 2021 - 12:36 PM IST     |     By Anindita Gupta     MUMBAI: The eventful 2020 has finally come to a close. The last year has been unlike any other where the entire human race has endured great hardships and has come out stronger and more resilient. As we enter 2021, the media fraternity finds itself at a notable turning point – politically, economically, technologically and socially, with a steep rise in the reliance...
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Market Movers: Financials lead, midcaps underperform; 69 stocks turn overbought

Market Movers: Financials lead, midcaps underperform; 69 stocks turn overbought SECTIONS Share Synopsis The market breadth was neutral, and trade was lackluster compared to Monday, when gainers were more than double the number of losers on the BSE. Shutterstock.com Undergarments manufacturer Rupa & Company surged 20 per cent to Rs 311.70 after Abakkus Emerging Opportunities Fund-1 bought 1.50 per cent stake in the company through a bulk deal on Monday. INSIGHTS NSE Explore Now MUMBAI: Financia...
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Proposed sale of 33.12% equity shares of Prime Focus by Credit Suisse to PFL's promoters is blatant abuse: RCAP Group

/Proposed sale of 33.12% equity shares of Prime Focus by Credit Suisse to PFL’s promoters is blatant abuse: RCAP Group Proposed sale of 33.12% equity shares of Prime Focus by Credit Suisse to PFL’s promoters is blatant abuse: RCAP Group By IANS|   Published: 28th December 2020 3:35 pm IST Mumbai, Dec 28 : The proposed sale of 33.12% equity shares of Prime Focus Ltd. (PFL) by Credit Suisse (CS) to the PFLs promoter group at Rs 44.15 per share is a blatant abuse of the purported rights by CS...
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Source: siasat.com

Promoters of Prime Focus launch mandatory open offer after CS deal

Promoters of Prime Focus launch mandatory open offer after CS deal December 28, 2020 With Credit Suisse signing pact to sell pledged shares, Anil Ambani group raises red flag RCAP group will seek judicial and regulatory intervention to protect the interests of lenders and shareholders of Prime Focus Ltd (PFL) and Reliance Capital Ltd with respect to the stake sale of Credit Suisse (CS) to PFL promoters. Mandatory open offer Following the agreement with Credit Suisse, the promoters have made ma...
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