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The sharp fall in ITC’s shares indicates a nervousness that is not fully explained by the 4 percent stake sale news, which was already known to the market
Option to secure large holding near remote Luni discovery
Bengaluru-based Bitsila is currently the third largest seller side platform by transactions on the Open Network for Digital Commerce, sources said. The deal is in advanced stages and will likely close in the coming week, according to two people in the know
Senior advocate Janak Dwarkadas, who appeared to ZEEL told the NCLT that since it was the tribunal that had approved the merger, it has jurisdiction to entertain petitions to implement the merger.
The Financial Services Commission (FSC), the country's top financial regulator, is pushing for a stronger disclosure obligation in the corporate mergers and acquisitions (M&A) process, aiming to better protect and enhance general shareholders' rights. The financial authority also plans to impose expanded responsibilities to a corporate board to ensure more transparency in their decision-making process on M&A deals.