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Sony-Zee Merger: Invesco Stands By EGM Demand For Board Rejig The demands of Invesco in the EGM are in contrast to the terms of the Zee-Sony non-binding merger announcement which leaves Punit Goenka in charge as MD & CEO.
Confident That LIC Listing Should Happen By Fourth Quarter Of This Year: CEA K Subramanian The government has recently appointed 10 merchant bankers including Goldman Sachs (India) Securities, Citigroup Global Markets India, and Nomura Financial Advisory and Securities India to manage the mega initial public offering of country's largest insurer LIC.
64,000 Jobs Lost As Five Major Auto Companies Exit India: FADA After trying fruitlessly for several years, Ford called it quits on September 9, 2021, bringing curtains on all manufacturing and sales operations in the country in a phased manner.
Evergrande Situation Can Lead To Rupee Coming Under Pressure: Report The world is closely watching the events, particularly to see if the company honours its commitments and some watchers are comparing it with Lehman Brothers' case in the US that led to the 2008 global financial crisis.
Nearly 90% Of Prospective Buyers Expected To Buy A House Within The Next Three Months: Survey The JLL – RoofandFloor survey says that this would help the residential market get back on the recovery path with 2021 likely to end on an optimistic note. New launches are also expected to go up in H2 2021