Sebi bans JM Financial from acting as lead manager

Capital markets regulator Sebi on Thursday barred JM Financial Ltd from taking new mandate for acting as a lead manager for any public issue of debt securities, for indulging in unfair trade......

After cement, Adani and Birla are set for a face-off in the wires and cable biz

After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into......

RBI curbs: JM Financial says nothing wrong with loan sanctioning process

JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order imposing restrictions on the company's financing business and asserted that there was "no material......

RIL's new energy business piques analysts' interest

Every decade or so, Reliance Industries Ltd (RIL) sets on a new growth strategy, nudging the markets to value its stock price for newer businesses. Photograph: Muyu Xu/Reuters For the......