Religare Enterprises (REL) has enlisted Trilegal and Grant Thornton Bharat LLP to review potential misconduct by current and former employees. The governance review aims to assess operational practices and recommend improvements. The board seeks immediate financial support from the Burman Group to address a cash flow gap.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is