New Delhi, March 31 Vedanta Ltd announced on Tuesday that it has extended the deadline for its proposed demerger to June 30, as approvals from certain government authorities remain pending and are still being processed."Since certain conditions precedent to the Scheme, including receipt of...
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New Delhi, March 20 Thomas Cook India Limited announced on Friday that it will separate its resorts and resort management business into Sterling Holiday Resorts Limited (SHRL), paving the way for the future listing of the company's wholly-owned subsidiary.The Board of Thomas Cook (India)...
New Delhi, February 16 Shares of Kwality Wall's India Ltd (KWIL) had a lackluster market debut on Monday, listing at a 26 per cent discount to the indicative price after the demerger of the ice cream business from Hindustan Unilever Ltd.The stock listed at ₹29.80 per share, down 25.87 per cent...
New Delhi, February 15 Religare Enterprises Ltd (REL), backed by the Burman family, has approved a plan to separate its financial services and insurance businesses into two separate, publicly listed entities. This move aims to unlock shareholder value and sharpen strategic focus.This is the...