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Religare Finvest ready to restart its business soon, waiting for RBI approval

Religare Finvest ready to restart its business soon, waiting for RBI approval
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

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Latest News | All Procedure Followed for Share Sale, Says REL Chairperson Rashmi Saluja

Get latest articles and stories on Latest News at LatestLY. Refuting allegations by Burman family, Religare Enterprises Ltd (REL) Executive Chairperson Rashmi Saluja said the share sale by her was in accordance with procedure and approval of the board. Latest News | All Procedure Followed for Share Sale, Says REL Chairperson Rashmi Saluja.

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Saluja's Esops: Burmans warn of legal action; Care Health hits back

Saluja's Esops: Burmans warn of legal action; Care Health hits back
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Burmans write to RBI, asks Central Bank to intervene on open offer as Religare takeover tussle intensifies

REL led by chairperson Rashmi Saluja has sought to obstruct the applications that need to be sent to the regulators for changes in shareholding, control and management of REL, said the letter by the Burmans, promoters of the Dabur Group. The action by the REL management “impedes the ability of regulatory authorities to perform their obligations,” the Burmans said in the letter, a copy of which ET has seen. “It also costs the public shareholders of Religare.”

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