Reliance-JFSL demerger: Ahead of Reliance Industries Ltd and Reliance Strategic Investments Limited demerger, The RIL board has declared cost of acquisition of Reliance and Jio Financial Services Ltd. As per the latest exchange filing of the Reliance Industries has informed Indian stock market exchanges that after demerger, cost of acquisition for Reliance Industries Ltd would be 95.32 per cent while …
AGL Energy has abandoned its plans to demerge its coal-focused generation business and has announced its chief executive Graeme Hunt and chairman Peter Botten will leave the company. Key points: Atlassian founder Mike Cannon-Brookes, who is the company's largest shareholder, was among those calling for the demerger to be dumped There is now a strategic review and AGL's chief executive …