Burmans’ open offer for acquiring an additional 26% stake in Religare Enterprises Ltd. received a weak response, with only 0.07% of shares tendered. Despite the lack of interest, their shareholding will increase to 24.02% after the open offer. The process involved multiple entities and regulatory complaints.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction
December 9, 2025