Ipca on Monday announced the acquisition of Unichem by acquiring a 33.38% stake from the promoter at ₹1,034 crore. It will spend another ₹800 crore for the mandatory open offer to buy another 26% stake of Unichem’s minority shareholders.
Sebi proposes tighter curbs on promotional claims by online bond platforms
Sebi is tightening the reins on advertising practices for online bond platforms, aiming to protect investors from hasty decisions. New rules mandate that promotional content