TFCIL Announces Change of Guard
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Source: theweek.in
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The curious case of UAE-based funds in India's small-cap bubble
Obscure offshore funds may have played a role in running up the share price of certain small-cap companies in India. Several of these funds have links with Hari Tibrewala, the Dubai-based ‘hawala operator’ said to be behind the Mahadev Online betting app scandal
Source: livemint.com
When Cupid stepped up to Tourism Finance, and walked back
The Enforcement Directorate suspects Tibrewala is a hawala operator who has manipulated share prices of some companies
Source: livemint.com
CUPID RINGS IN A NEW MANAGEMENT OUTGOING PROMOTERS RECEIVED RS 159 CRORES
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Source: theweek.in
Universal-Halwasiya Group: Universal-Halwasiya Group to make Rs 113-crore open offer to acquire 26% in condom maker Cupid
The open offer follows Universal-Halwasiya Group and Family through Columbia Petro Chem Private Limited and Halwasiya, entering into a definitive agreement to acquire 5.58 million shares or 41.84 per cent of Cupid Limited at Rs 285 per equity share aggregating to Rs 159 crore from its existing promoters, Omprakash Garg and Veena Garg.
Source: indiatimes.com