The current valuations of Reliance do not assume any value for its new energy and new commerce businesses, foray into the fast-moving consumer goods business, while reflecting investor concerns around the growing debt in the company, slow growth in the retail business and a rise in the capital expenditure, said analysts.
Earlier, Sebi asked all existing eligible trading and demat account holders to provide a choice of nomination on or before March 31, failing which the trading and demat accounts would be frozen for debits.
Yes Bank had window-dressed its financials to lure investors to buy the bonds in 2016 and 2017 - a violation that RBI did not factor in while backing the complete write down of additional tier-1 (AT1) bonds in its special leave petition before the apex court.
Chipotle Mexican Grill has agreed to pay $240,000 to former employees as part of a settlement stemming from a complaint that the company violated federal law by closing a restaurant where workers wanted to unionize.
The Adani Group is seeking to renegotiate the terms of outstanding loans worth $4 billion taken in August last year for the acquisition of its cement assets - ACC and Ambuja Cements - from Switzerland-based Holcim group, said multiple sources aware of the ongoing negotiations.
Of the 106 mines that will be offered in the seventh round, 61 are partially explored and 45 are fully explored, the government said on Monday. These comprise 95 non-coking coal, one coking coal and 10 lignite mines.
"The steepest slowdown in investment growth over two decades to 2021 occurred in India," the report noted. "Investment growth in India slowed from an annual average of 10.5% in 2000-10 to 5.7% in 2011-21." Structural bottlenecks have proved to be barriers to investment, it said.
