Adani makes Rs 31,000 cr open offer for ACC, Ambuja Cements

Adani Group on Friday launched its Rs 31,000-crore open offer to acquire 26 per cent additional stake from the public shareholders of Swiss firm Holcim's two Indian listed entities ACC Ltd and......

Why are foreign banks marching out of retail banking?

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space. Raghu Mohan reports. Illustration: Dominic Xavier/Rediff.com On March 8, Axis Bank......

SoftBank-backed Ola raises $500-mn term loan

Ola is likely to use the loan to fuel its vision for future of mobility across businesses including ride-hailing, vehicle commerce, delivery with foods, quick commerce & financial services.......

When will stock exchanges start T+1 settlement cycle?

Securities such as preference shares, warrants, right entitlements, partly paid shares, and securities issued under differential voting rights will be transitioned to T+1 settlement along with the......