MUMBAI: Tata sons opened a new battlefront with Shapoorji Pallonji (SP) on Tuesday, as he valued the minority shareholder’s 18.4% stake in the company up to 61% below the latter’s estimate. SP had valued its stake at Rs 1.78 million lakhs, while Tata Sons, in a Supreme Court filing on …
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The dream run of national stocks reached a new pinnacle on Tuesday when the Nifty50 index surpassed the 13,000 mark for the first time. Meanwhile, the S&P BSE Sensex topped the 44,500 mark in intraday deals. A better-than-expected profit cocktail, better collection of goods and services tax (GST), better big …
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SoftBank Group Corp. leads venture investment round in India education startup Unacademy, increasing its valuation to $ 1.45 billion as online learning increases during the coronavirus pandemic. Investors in the $ 150 million funding include existing backers Facebook Inc. and Sequoia Capital, while SoftBank’s money comes from Vision Fund 2, …
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[ad_1] File photo of tech businessman Elon Musk The tweets recall Musk’s controversial tweets in August 2018 when he said he had “secured funds” for a quickly aborted campaign to make the electric car maker private. AFP Last update: May 2, 2020 8:43 AM IST Tesla boss, irascible and frank, …
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[ad_1] MUMBAI : The Securities and Exchange Board of India (Sebi) on Thursday eased the valuation policies of mutual debt funds to allow valuation agencies to make the decision not to declare a paper default if the interest payment delay or the expiration extension is due to a covid-19 related …
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