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Tata Sons Largest Promoter Of Listed Companies, Pips Centre

Surpassing the centre, Tata sons at the end of 2020 is the largest promoter of listed companies. As per the BS report, this is for the first time in nearly two decades when the government does not ranks on the top. ...

RBI Imposes Rs. 1 Crore Penalty On Bandhan Bank; Stock Declines 5%

On Tuesday, the RBI levied a penalty on new-age Bandhan Bank amounting to Rs. 1 crore for not reducing the promoter stake to 40%. The micro finance institution began to operate as a full-fledged bank with effect from August 2015 ...

Yes Bank Continues To Tank After Rana Kapoor’s Stake Reduced By 4.57%

Shares of Yes Bank continued to tumble after contracting to a 6-year low in Thursday's session. The shares hit an intra-day low of Rs. 48.50, down almost 5% from its previous close of Rs. 51.05 on the BSE.There are two developments ...

International Paper acquires in APPM

The world’s largest paper company International Paper, through its subsidiary is acquiring in Andhra Pradesh Paper Mills (APPM). Its subsidiary has entered into an agreement with LN Bangur Group, the promoter of APPM to buy the entire promoters stake for INR ...