demerger

NSE Indices on Wednesday changed the methodology for handling schemes of demerger involving index constituents. Photograph: PTI Photo The index provider said a company undergoing demerger would now be retained in its indices. The move…

<!-- -->In the past month, Shipping Corporations share price has fallen by 25.2%Since the beginning of the year, markets have been under pressure. From the Adani-Hindenburg saga to the recent global banking crisis, events continued to…

Mumbai: Reliance (RIL) said the creation of an independent company focusing on financial services will help in attracting strategic partners and investors to fuel growth plans. The company is carving out its financial services business and…

Demerger expected to create a behemoth in financial services space. Abhijit Lele reports. Photograph: PTI Photo Lenders and shareholders of Reliance Industries Ltd (RIL) will meet on May 2 to demerge the firm’s financial services business.…

MUMBAI : Reliance Industries (RIL) chairman Mukesh Ambani plans to separate the financial services business from his flagship and list it on the exchanges under the name Jio Financial Services (JFS). RILshareholders will get one share of…

<!-- -->Anil Agarwal has said that call on Vedanta's demerger will be taken by March-endNew Delhi: Metals and mining group Vedanta Ltd will announce the contours of a proposal to spin off key businesses into separate listed companies…

‘Market is good, production is going well; having separate firms will create value’ Metals and mining group Vedanta Limited will announce the contours of a proposal to spin off key businesses into separate listed companies by March-end,…

<!-- -->ITC did not give out any plans of listing its businesses or demerger in its analysts' meetKolkata: Multi-business conglomerate ITC Limited has not given any concrete plan for demerger and listing of businesses to unlock value…

Pharmaceuticals business will get vertically demerged from PEL and be consolidated under Piramal Pharma Ltd The Board of Directors of Piramal Enterprises Ltd (PEL) on Thursday approved a composite scheme of arrangement providing for the…