SEBI Bars Anil Ambani and 24 Entities from Securities Market for Fund Diversion
The Securities and Exchange Board of India (SEBI) has imposed a five-year ban on industrialist Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance Ltd…
Bharti Enterprises Acquires 24.5% Stake in BT for £3.2 Billion
Summary: Bharti buys 9.99% stake in BT. No plans to fully acquire BT. Altice sells to reduce debt. BT shares rise 6%. Drahi spent £4.2B on BT stake. Bharti…
Mukesh Ambani, Asia’s Richest Man, Continues Salary Sacrifice for Fourth Year: A Strategic Move for Shared Prosperity
Mukesh Ambani Foregoes Salary Amid COVID-19 Legacy Mukesh Ambani, the richest individual in Asia and Chairman of Reliance Industries, has extended his decision to forgo his salary for…