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Board of HFCL approves change in nominee director

At meeting held on 22 February 2021The Board of HFCL at its meeting held on 22 February 2021 has appointed Ramakrishna Eda (DIN: 07677647) as an Additional Director (Non-Executive) in the category of Non-Executive Director (Nominee-IDBI Bank Limited) on the Board of the Company, w.e.f. 22 February 2021. The Board accepted the cessation of Ranjeet Anandkumar Soni (DIN: 07977478), Director (Non-Executive) (Nominee IDBI Bank ), w.e.f. 22 February 2021, due to withdrawal of his nomination by IDBI Bank. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitmen

Piramal Enterprises Ltd up for third straight session

Read more about Piramal Enterprises Ltd up for third straight session on Business Standard. Piramal Enterprises Ltd is quoting at Rs 1727.3, up 5.81% on the day as on 12:49 IST on the NSE. The stock is up 12.76% in last one year as compared to a 24.88% spurt in NIFTY and a 16.8% spurt in the Nifty Financial Services index.

Gehlot targets Modi over farmers issues, says must give up stubborn stand

Rajasthan Chief Minister Ashok Gehlot on Wednesday targeted Prime Minister Narendra Modi over the farmers issues, saying the government should give up its stubborn stand. In democracy, voters can be stubborn but not the government. Whatever is happening today is unfortunate, Gehlot said while addressing the Congress Legislature Party meeting at his residence here on Wednesday night. He condemned Modi for his andolanjivi (professional protesters) remark. It is the duty of the ruling dispensation to respect the opposition but look at what the Modi government is doing. They talk about Congress-free India. PM uses words like andolanjivi in parliament, he said.

Piramal Enterprises Ltd continues to rise

Read more about Piramal Enterprises Ltd continues to rise on Business Standard. Piramal Enterprises Ltd is quoting at Rs 1572.15, up 3.28% on the day as on 12:44 IST on the NSE. The stock is up 0.12% in last one year as compared to a 23.2% gain in NIFTY and a 15.1% gain in the Nifty Financial Services.

Competition Commission of India approves Flipkart-Aditya Birla Fashion deal

Competition Commission of India on Wednesday said it has approved the acquisition of 7.8 per cent minority stake in Aditya Birla Fashion by Flipkart Investments Private Ltd (FIPL). Aditya Birla Fashion had in October last year approved plans to raise Rs 1,500 crore by issuing a 7.8 per cent stake on a preferential basis to Walmart-owned Flipkart Group. Commission approves acquisition of a 7.8 per cent minority stake in Aditya Birla Fashion and Retail Ltd by Flipkart Investments Private Ltd, the regulator said in a tweet. With this infusion, Flipkart Group will own a 7.8 per cent equity stake in ABFRL on a fully diluted basis. The promoter and promoter group companies of ABFRL will hold about 55.13 per cent upon completion of the issuance, ABFRL said in a regulatory filing earlier.

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