BharatPe cofounder Ashneer Grover, who resigned from the company and its board at midni: ht on March 1, said he has “given up a lot”, including management stock options worth Rs 100 crore, in his spat with the company’s board.
#AshneerGroverResigns#AshneerGrover#BharatPe
India's cabinet approved on Saturday a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp of India (LIC), a government source said, a change aimed at easing the listing of the state-run insurer.
#LICIPO
MD and CEO V Vaidyanathan of IDFC First Bank has gifted around 9 lakh shares to five people unrelated to him. These five people include the CEO's trainer, house-help, driver.
#IDFCFIRSTBank
ABG Shipyard, now credited with India’s biggest bank fraud, created a web of transactions to cheat a consortium of 28 banks of Rs 22,842 crores between 2012 and 2017, in a case which has come to light only now. The banks include State Bank of India (SBI), IDBI and ICICI.
Lock-screen platform, Glance which is part of the InMobi Group, on Monday said that it will raise $200 million from Reliance’s Jio Platforms Ltd., the company said ina prepared statement.
#jio#GLANCE