Business
Freeze on Sure Bank’s 25.6% stake in Dish TV spooks non-public lenders
Private credit lenders who often provide finance against pledge of shares are rattled that they will not be able to exercise their rights as lenders, if a police move freezing Yes Bank’s 25.6% stake in Dish TV sets a precedent. On Tuesday, the Supreme Court will hear Yes Bank’s appeal against an Allahabad High Court…
Business
Main person cos to proceed capex
Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…
Business
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