कोशिश गोल्ड - मुक्त
Florida investor makes competing bid for Religare
The New Indian Express Hubballi
|January 26, 2025
Gaekwad makes offer at ₹275/share against ₹235/share by Burmans
IN a fresh twist to the acquisition of diversified fintech firm Religare Enterprise Limited (REL), Florida-based businessman Danny Gaekwad has made a counter offer in cash for the company at ₹275 a share as against ₹235 apiece made by the Burman Family of the FMCG major Dabur group.
The offer was made in a letter addressed to the Chairperson of market regulator Securities and Exchange Board of India (Sebi), as per a filing made by Religare to the BSE. Written on behalf of Danny Gaekwad Developments & Investments Florida, the letter stated its offer of ₹275 per equity share represents a 17% premium to the open offer price offered by the Burmans and a 24% premium to the 60-day volume weighted average price of REL's shares calculated with a reference date of September 22, 2023, of ₹221.
यह कहानी The New Indian Express Hubballi के January 26, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The New Indian Express Hubballi से और कहानियाँ

The New Indian Express Hubballi
Dasara a heartbeat, gives message of harmony: Banu
MYSURU Dasara is not just a festival, but the very heartbeat of the land.
1 min
September 23, 2025
The New Indian Express Hubballi
EAM, Rubio hold wide-ranging discussion
EXTERNAL Affairs Minister S Jaishankar and US Secretary of State Marco Rubio on Monday held their first in-person meeting ever since Washington imposed steep tariffs on key Indian exports over New Delhi's continued purchases of Russian oil.
1 min
September 23, 2025

The New Indian Express Hubballi
GST 2.0 kicks in, sees festive buying rush
Car showrooms, retail outlets, online platforms witness record sales on Day 1
1 mins
September 23, 2025
The New Indian Express Hubballi
Survey faces tech snags, gets off to slow start
HICCUPS GALORE
1 mins
September 23, 2025
The New Indian Express Hubballi
Passenger tries to open cockpit door on AI flight
A passenger on an Air India Express flight (IX-1086) from Bengaluru to Varanasi on Monday attempted to enter the aircraft’s cockpit, claiming that he tried to open it by mistake as he is a first-time flyer and was looking for the toilet, sources said.
1 min
September 23, 2025
The New Indian Express Hubballi
Vokkaliga seers want caste survey deferred
EVEN as Chief Minister Siddaramaiah stuck to his guns of conducting the Socioeconomic and Educational Survey, known as caste survey, from Monday, the Vokkaliga community leadership, including Adichunchanagiri Mutt head Sri Nirmalanandanatha Swamiji and Union Minister HD Kumaraswamy, here on Saturday issued a warning to the government, saying the survey is being carried out hastily for only fifteen days without addressing grievances of the community.
1 min
September 21, 2025
The New Indian Express Hubballi
Sports can no longer be a tool of diplomacy?
OVER the last few months, there has been a growing clamour for the Indian cricket team to refuse to play Pakistan and it grew before their first match in Asia Cup group stage.
1 min
September 21, 2025
The New Indian Express Hubballi
State forms SIT to probe Aland ‘voter deletions’
THE state government on Saturday formed a Special Investigation Team (SIT) to probe the alleged attempt to delete 6,018 names from the voters’ list in the Aland constituency of Kalaburagi district, ahead of the 2023 Assembly elections.
1 min
September 21, 2025
The New Indian Express Hubballi
2.8L Indian jobs on the line as Trump slaps $1L H-1B fee
THE Trump administration on Saturday imposed a fee of $1,00,000 per year on each H-1B visa holder, dealing a body blow to the 2,83,397 (71%) skilled technology workers from India, as per 2024 data. At 71%, India was the largest beneficiary of H-1B last year, while China was a distant second at 12%.
2 mins
September 21, 2025

The New Indian Express Hubballi
I don't want you!
Stunned techies scramble to US, scrap fly out plan
1 min
September 21, 2025
Listen
Translate
Change font size