Poging GOUD - Vrij
New Religare board seeks governance review, funding
Mint New Delhi
|March 18, 2025
The board has asked the Burman group for a ₹30-40 crore loan in order to meet short-term needs
Religare Enterprises Ltd (REL) has appointed Grant Thornton and Trilegal to conduct a governance review and identify potential instances of misconduct, including by ex-employees of REL and two of its subsidiaries, the company told the exchanges.
This comes more than a month after the Burman Group finally took over REL on 7 February, after an 18-month protracted battle with the former management led by Dr Rashmi Saluja. On 26 February, the REL board appointed four new directors—Abhay Kumar Agarwal, Arjun Lamba, Gurumurthy Ramanathan and Suresh Mahalingam—as non-executive and non-independent directors.
Dit verhaal komt uit de March 18, 2025-editie van Mint New Delhi.
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 New Delhi
Mint New Delhi
How a crypto exchange became a hub for illicit Iranian cash
Earlier this year, crypto sleuths found an alarming series of transactions tied to two digital wallets controlled by the Central Bank of Iran.
5 mins
June 26, 2026
Mint New Delhi
India's super rich in a hunt for the next SpaceX
Indian family offices and wealthy investors are widening their bets on private US frontier-technology and artificial intelligence (AI) companies after the SpaceX initial public offering (IPO) gave them a clearer sense of the scale of returns and the size of the market.
4 mins
June 26, 2026
Mint New Delhi
Govt may wind up DoT's top policy panel for agility
The government is considering disbanding the 37-year-old Digital Communications Commission (DCC), formerly known as the Telecom Commission, three officials in the know said.
2 mins
June 26, 2026
Mint New Delhi
Vedanta's Navin Agarwal bets big on rare earth magnet production
As India seeks to build its rare earth magnet industry, Vedanta Ltd's executive vice-chairman Navin Agarwal is betting ₹1,250 crore in his personal capacity as initial investment in a privately held manufacturing firm that has enlisted some of the world's top experts for the business.
2 mins
June 26, 2026
Mint New Delhi
Refiners eye concessions with Iran oil ready to flow
Rising global oil supplies may trigger concessions, deferred payments
4 mins
June 26, 2026
Mint New Delhi
Airlines race back to West Asia skies as war clouds recede
Indian airlines are racing to restore flights to West Asia, one of their top international markets, after the US-Iran war flare-up disrupted operations.
3 mins
June 26, 2026
Mint New Delhi
How RBI's new framework seeks to protect you from mis-selling by banks
It seeks to change how banks sell insurance, loans, investment products, both through branches, digital platforms
4 mins
June 26, 2026
Mint New Delhi
Railways will allow industry to design wagons as per need
India plans to raise the railways' share in total freight transport to 45% by 2030
1 mins
June 26, 2026
Mint New Delhi
WHY THE MAGNET RACE IS FAILING TO ATTRACT THE GIANTS
On 29 June, India’s rare-earth magnet PLI scheme closes for bids. Will any large corporate show up?
9 mins
June 26, 2026
Mint New Delhi
Rubio ends Gulf tour as allies share concerns over Iran deal
US secretary of state Marco Rubio told Gulf allies on Thursday that any deal with Iran would take their interests into account, as he wrapped up a Middle East trip aimed at winning over regional partners with deep reservations about the preliminary accord.
2 mins
June 26, 2026
Listen
Translate
Change font size