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ORERA: ORERA fines realtor 50L for violating Act provisions |

ORERA fines a promoter in Odisha Rs 50 lakh for violating the Odisha Real Estate (Regulation and Development) Act, 2016 by sub-dividing and selling plots without proper registration. Case reveals misconduct and violations during plot sales.

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Business News: Srei promoter challenges RBI action against group firms in Bombay High Court

Srei promoter challenges RBI action against group firms in Bombay High Court : Rashtra News Srei Group promoters on Wednesday moved the Bombay High Court to challenge the Reserve Bank of India’s decision to supersede the boards of two group companies in preparation for sending them to bankruptcy courts. A division bench of Justices Ujjal

India , Kolkata , West-bengal , Baroda , Gujarat , Bombay , Maharashtra , Manoj-kanoria , Janak-dwarkadas , Rajneesh-sharma , Ujjal-bhuyan , Madhav-jamdar

Bandhan Bank: Outgoing MD & CEO Chandra Shekhar Ghosh considering stake sale in promoter group, says report

While sources say Chandra Shekhar Ghosh is in talks for a stake sale in Bandhan Financial Services, the executive said he would like a ‘strategic role’ in holding the company after his departure as MD and CEO of Bandhan Bank.

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IndusInd International: IndusInd International to buy 60% in Invesco AMC

Invesco will retain a 40% stake in the fund house, while both IIHL and Invesco will have sponsor status. The size of the deal has not been disclosed. IIHL is the promoter entity of IndusInd Bank.

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FPIs: Sebi may offer FPIs relief on stricter disclosures

The board may also discuss another proposal to allow alternative investment funds (AIFs) to pledge their shares in infrastructure sector investee companies in a bid to allow these investment vehicles to engage in leverage.

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Bandhan co new promoter of Aegon Life - Times of India

India Business News: Bandhan Financial Holdings has acquired the stakes of Aegon India Holding and Bennett, Coleman & Co. Ltd. (BCCL) in Aegon Life Insurance - making it t

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ChrysCapital close to acquiring 5-6% in pharma co La Renon Healthcare

ChrysCapital is close to acquiring 5-6% stake in La Renon Healthcare, a pharmaceutical company engaged in manufacturing and marketing of branded generic formulations. ChrysCapital will buy shares from early angel investors and possibly from promoter Pankaj Singh and family. La Renon's nutritional supplement brand is featured in the top 300 formulation brands in the domestic market.

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Curse of the Iron Claw: The tragic, stranger-than-fiction saga of wrestling's first family

On February 18, 1993, Fritz Von Erich – a legendary wrestling star and promoter – found the body of his son, Kerry Von Erich, on his ranch in Denton County,...

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MedPlus: MedPlus promoter to refinance debt held by Warburg Pincus

The promoter has raised ₹350 crore in debt from Modulus Alternatives to help with the buyout. The fund, borrowed at the promoter level, is being used to refinance the debt.

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