Obscure offshore funds may have played a role in running up the share price of certain small-cap companies in India. Several of these funds have links with Hari Tibrewala, the Dubai-based ‘hawala operator’ said to be behind the Mahadev Online betting app scandal
The open offer follows Universal-Halwasiya Group and Family through Columbia Petro Chem Private Limited and Halwasiya, entering into a definitive agreement to acquire 5.58 million shares or 41.84 per cent of Cupid Limited at Rs 285 per equity share aggregating to Rs 159 crore from its existing promoters, Omprakash Garg and Veena Garg.
/PRNewswire/ Metalworking Machinery Accessories Market Research Report by Accessories, Distribution Channel, Region - Global Forecast to 2027 - Cumulative.
/PRNewswire/ Technavio has been monitoring the metalworking machinery accessories market. The report estimates the market to register an incremental growth.