The October 26 injunction order had restrained the overseas investor from taking any action or step with regards to its requisition notice to ZEE, including calling or holding an extraordinary general meeting (EGM) for the removal of managing director and chief executive Punit Goenka.
Rajiv Bajaj said that he has "enormous respect" for startups like Ola. “But we still have to see them produce something and sell something.
One97 Communications founder Vijay Shekhar Sharma and two of his holding companies — VSS Holdco and VSS Networks — together will own close to 66% in Paytm Insuretech and Swiss Re almost the rest.
In a conference call with analysts, CEO Ronojoy Dutta said the green shoots of demand are showing as average revenue booked per day in October has reached the pre-Covid levels of January 2020. Corporate travel demand has risen and is expected to further improve after Diwali.
London-based Foresight Group had put together a three-member consortium in March to bid for Shipping Corporation of India. The third member is Dubai-based GMS DMCC.
The intimation under Section 143(1) informs taxpayers about initial assessments carried out by the tax department and points out discrepancies in tax filings, and demands additional taxes, if any.
The Dow Jones Industrial Average fell 266.19 points, or 0.74%, to 35,490.69, the S&P 500 lost 23.11 points, or 0.51%, to 4,551.68 and the Nasdaq Composite added 0.12 point, or unchanged, to 15,235.84.
The initial public offer (IPO) includes a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of 15,602,999 equity shares by the promoter Fino Paytech.
In another transaction, Visaka India EIF Fund bought 2.85 million shares of NDTV at Rs. 79 apiece through a bulk deal on the BSE.
The company posted losses of Rs 14 crore compared to Rs 43 crore in the quarter ended September 30, 2020.
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