Poging GOUD - Vrij
Sebi exempts govt from Vi open offer citing public interest
Mint Bangalore
|April 04, 2025
This follows govt's acquisition of a significant stake in the indebted telecom operator
The Securities and Exchange Board of India (Sebi) has exempted the government from making an open offer following its acquisition of a significant stake in Vodafone Idea Ltd (Vi).
This decision by the market regulator, taken in the "larger public interest", comes after the government approved the conversion of ₹36,950 crore in outstanding spectrum auction dues into equity in the company. The conversion will result in the government acquiring 36.95 billion new equity shares in Vi, increasing its holding from the existing 22.60% to 48.99%.
Dit verhaal komt uit de April 04, 2025-editie van Mint Bangalore.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Bangalore
Mint Bangalore
The vanishing human in customer care
As companies race to automate customer support, speaking to a real person has become a luxury—sometimes even a paid one
5 mins
November 12, 2025
Mint Bangalore
India's guidelines on AI governance will aid innovation
Last week, the ministry of electronics and information technology released the India AI Governance Guidelines, a proposed framework for governing artificial intelligence (AI).
3 mins
November 12, 2025
Mint Bangalore
Rupee up 23 paise to 88.50 vs dollar
The rupee appreciated 23 paise to settle at 88.50 against the US dollar on Tuesday, amid progress on the US shutdown bill and optimism over the US-India trade deal.
1 min
November 12, 2025
Mint Bangalore
Delhi HC bars Patanjali from disparaging competitors
The Delhi High Court has restrained Patanjali Ayurved from telecasting an advertisement which termed other ‘chyawanprash’ products as ‘dhoka’ or ‘deception’ and directed it to take down the advertisement from all electronic, digital and print mediums.
1 min
November 12, 2025
Mint Bangalore
Red Fort bomb probe finds link to Faridabad module
Module linked to the terror outfit Jaish-e- Mohammad, and a doctor from Pulwama
3 mins
November 12, 2025
Mint Bangalore
Novo Nordisk lowers Wegovy price
Danish drugmaker Novo Nordisk on Tuesday announced it was slashing the price of its weight-loss drug Wegovy in India. The company said the monthly price of its once-a-week injection would now be 37% cheaper at ₹10,850 for the starting dose from ₹17,345 earlier.
1 min
November 12, 2025
Mint Bangalore
INDIA’S PUBLIC BANKS: THE 500% MARKET MYSTERY
India’s public sector lenders look poised for another phase of wealth creation
7 mins
November 12, 2025
Mint Bangalore
China to keep U.S. military from getting its rare-earth magnets
China plans to ease the flow of rare earths and other restricted materials to the U.S. by designing a system that will exclude companies with ties to the U.S. military while fast-tracking export approvals for other firms, according to people familiar with the plan.
2 mins
November 12, 2025
Mint Bangalore
Berry’s quick exit puts Britannia investors in a tough spot
Shares of Britannia Industries Ltd closed 3% lower on Tuesday after the board accepted Varun Berry’s resignation and relieved him from his position as vice-chairman, managing director (MD) and chief executive officer (CEO) on 10 November. Rakshit Hargave will take over as MD and CEO from 15 December.
1 mins
November 12, 2025
Mint Bangalore
AI helps us leapfrog, change lives: Google India’s Lobana
Co bets on local capacity, data centres, partnerships with Indian startups, governments
3 mins
November 12, 2025
Listen
Translate
Change font size