Burmans’ Religare open offer to acquire additional 26% stake to start on Jan 27

(0)
News

Burman family’s open offer to acquire 26% additional stake in Religare Enterprises Ltd begins on January 27. The offer targets 9 crore shares, closing on February 7. Burmans currently hold a 25.12% stake. Announced in September 2023, the Rs 2,116-crore bid faced opposition from REL independent directors citing fraud allegations.

Leave a Reply Cancel reply

Mutual Funds: Why 'watching the pot' is hurting your returns—And your sanity
Constantly checking mutual fund performance can create stress and emotional reactions that disrupt long-term investment plans. It's essential to resist the urge for daily updates and focus on consistent contributions and portfolio rebalancing for better financial outcomes.
How to redeem your credit card points? 3 ways you need to know
Using credit cards can earn you reward points, but knowing how to redeem them effectively is essential for value. The number of points earned depends on your spending and card type. Choose redemptions wisely and keep track of your points to optimize rewards while considering the risks involved.
5 best government loan schemes for start-ups in 2025
Government start-up loans provide essential financial support but require detailed applications and strict eligibility may hinder some firms. Programs like NSIC and the Ministry of MSME offer various loan options and simplified registration to assist start-ups in overcoming funding challenges.
What is the ICICI Bank Coral Credit Card and How does it benefit you?
It is also important to remember that the terms and conditions elaborated here are open for changes and amendments according to the ICICI Bank credit card policies.
3-year vs 6-year loan tenure: Which option is smarter for your car purchase?
Deciding between a shorter or longer loan tenure can significantly affect your monthly budget and overall loan cost. Here’s what you need to consider before making that choice.
Income Tax: 4 key reasons for which you should still opt for the old tax regime
Income Tax: The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers opted for the new regime. There is an expectation that nearly 90 percent of taxpayers may opt for the new regime next year
Budget 2025 | GIFT City insurance and endowment plans are now tax-free for NRIs. What about for resident Indians?
Budget 2025 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans sold in Gift City. But it appears this tax benefit applies only for NRIs.
Want to be a better investor? It’s (almost) all in the mind.
Are you a celebrity, adventurer, individualist, guardian or straight-arrow investor? This framework, proposed by economists and fund managers back in 1986, can help you understand your strengths and, more importantly, your weaknesses to help you become a better investor.
How to close a credit card the right way—A complete guide
Closing a credit card can affect your credit score, making it essential to follow the correct procedure. Proper cancellation can help manage spending and avoid penalties, but the impact on credit scores must be carefully considered.
New Income Tax Bill 2025: What’s new, what may change, and what we can expect?
The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya Nyaya Sanhita that replaced the Indian Penal Code (1860 Act) in July 2024, Finance Minister Nirmala Sitharaman said during her Budget speech on Feb 1, 2025

Burmans’ Religare open offer to acquire additional 26% stake to start on Jan 27

Leave a Comment

Leave a Reply Cancel reply