Search result for 'burman group'

Market regulator Sebi closes non-cooperation case against Religare Enterprises & Rashmi Saluja after Burman Group''s open offer concluded and control passed.

Mumbai court summons ex-chair Rashmi Saluja & others in Religare money laundering case linked to ESOPs. ED alleges Rs 179.54 crore crime proceeds.

Sebi penalizes Rashmi Saluja Rs 40 lakh, orders Rs 2 cr disgorgement for insider trading in Religare shares. Details inside.

Religare Enterprises (REL) announces demerger of financial services & insurance into separate listed entities. Aims to unlock value & focus growth.

ED files chargesheet against Religare's Rashmi Saluja in Rs 179cr ESOP scam, calling her the 'mastermind' of the conspiracy.

Religare Enterprises Ltd. (REL) has requested immediate funding support from the Burman Group to sustain operations, following a review of its financial position.

Torrent Group completes acquisition of a majority stake in IPL franchise Gujarat Titans, marking its entry into the Indian sports sector. The deal includes CVC retaining a minority stake.

Religare Enterprises has appointed four new directors and suspended the operations of MIC Insurance Web Aggregator due to financial challenges. The appointments are subject to RBI approval and...

Religare Enterprises shares jumped 18.9% on Friday after the Burman family acquired a controlling stake and became promoters following the closure of an open offer. The Burman family, known for...

Burmans' Rs 2,116 crore open offer for Religare Enterprises Ltd saw a low response with only 0.07% of shares tendered. The offer aimed to acquire 26% stake but received a tepid response. Read more.

Sebi rejected Digvijay Gaekwad's competing open offer for Religare Enterprises, citing lack of financial ability and frivolous intent, paving the way for Burman Group's acquisition.

Sebi has dismissed Digvijay Gaekwad's application for a competing open offer in Religare Enterprises Ltd, citing insufficient financial resources and lack of bonafides.

Sebi rejected a competing open offer by Danny Gaekwad Developments & Investments to acquire Religare Enterprises Ltd (REL) due to regulatory non-compliance.

The Reserve Bank of India (RBI) has approved the Burman family's open offer to acquire a 26% stake in Religare Enterprises Ltd (REL), but with conditions.

Enforcement Directorate conducts searches at Religare Enterprises premises, including Chairperson Rashmi Saluja, in connection with a cheating complaint filed last year.

Insurance regulator Irdai has directed Care Health Insurance to buy back ESOPs granted to its Chairperson Rashmi Saluja and imposed a fine of Rs 1 crore for violation of norms.

Religare Finvest, under RBI's watch, is poised to resume operations soon. The company awaits approval following completion of regulatory inspections and a successful debt restructuring.

The Burman family, promoters of Dabur India, increased their stake in Religare Enterprises to 25.18% after acquiring 4% for Rs 309 crore. The acquisition triggers a mandatory open offer.

The Burman family has increased its stake in Religare Enterprises to 24.77% after purchasing 3.6% of the company's shares for Rs 277 crore. This follows the Competition Commission of India's...

The Competition Commission of India (CCI) has cleared the Burman family's additional stake purchase in Religare Enterprises, but with caveats. Learn about the legal implications and the ongoing feud.

Religare Enterprises claims CCI's approval for the Burman family's additional stake in the company does not absolve them of potential competition law violations, amid ongoing feud.