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LSE
starts new initiatives to woo Indian corporates |
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The London Stock Exchange on
Tuesday announced the launch of three new initiatives aimed
at attracting increased participation, primarily from Indian
technology and pharma-related companies. |
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Mistry
Group firm moves SAT against Sebi order |
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In a new twist to the takeover
tail of Forbes Gokak Limited, one of the group company of the
Shapoorji Pallonji Mistry Group, SICL who made the open offer
to acquire FGL share holding from the public shareholders has
moved the SAT against the Sebi order clearing the counter offer
made by Man Made Fibres and other group companies of Mr Pawan
Kumar Sanwarmal. |
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RIL
to renew mega risk insurance policy |
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The Reliance Group
with over Rs 50,000 crore of assets has entered the international
reinsurance market to renew its ‘mega risk’ policy. The group
has entered at a time when the global market is in a state of
high flux following the September 11 US attacks. |
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Maharashtra
eases norms for laying optic fibre cables |
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The Maharashtra government,
in a serious bid to take on its counterparts namely Karnataka
and Andhra Pradesh, has modified its policy for laying opitc
fibre across the state by relaxing the condition of offering
five per cent cashless equity to the state undertaking by the
company assigned for this job. |
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