Aegis Vopak Terminals Limited has submitted its Draft Red Herring Prospectus to the Securities and Exchange Board of India on Monday, November 18. The company aims to raise nearly ₹3,500 crore through this initial public offering, which comprises solely a fresh issue of equity shares with a face value of ₹20 per share. Aegis Vopak Terminals also plans to fund …
Sony Group Corp. has formally communicated to Zee Entertainment Enterprises Ltd. its decision to cancel the merger with its India unit. Sony Pictures Networks India Private Ltd has been engaged in discussions in good faith to extend the End Date but the Discussion Period has expired without an agreement upon an extension of the End Date. The merger, announced over …
Sony is planning to scrap the merger of its Indian unit with Zee Entertainment, more than two years after the deal was announced, Bloomberg reported. Sony is planning to scrap the merger of its Indian unit with Zee Entertainment, more than two years after the deal was announced According to the report, the Japanese conglomerate is planning to call off …
The Reserve Bank of India, on May 19, decided to withdraw ₹2,000 note from circulation. “In view of the above, and in pursuance of the ‘Clean Note Policy’ of the Reserve Bank of India, it has been decided to withdraw the ₹2,000 denomination bank notes from circulation,” the RBI said. “Members of the public are encouraged to utilise the time …
Oyo has notified that it is going to refile its draft initial public offering documents by mid-February this year. Initially, Oyo had filed its draft papers with SEBI in September 2021 for a public issue of Rs 8,430 crore. The hospitality chain wrote to SEBI in May last year for revising its financials, delaying its initial public offering beyond September …
The Securities and Exchange Board of India has asked the Supreme Court to cut short the “long rope” given to the Sahara group and direct it to cough up ₹62,602.90 crore in dues or send its chief, Subrata Roy, to jail for contempt. “Direct the Saharas to forthwith deposit the balance amount of ₹62,602.90 crore as on September 30, failing …