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Sebi planning measures to ease delisting process for firms

Sebi planning measures to ease delisting process for firms

The move is aimed at preventing investors from cornering shares and driving them up, well above the floor price, before they tender their shares, a move that has resulted in several delisting efforts being scuttled.Mumbai: Companies with delisting plans that have been s

Brokerages maintain divergent views on HUL despite steady Q1

Brokerages maintain divergent views on HUL despite steady Q1

CLSA, Edelweiss, HSBC, ICICIdirect, Motilal Oswal and Nomura increased target price on the stock.MUMBAI: Some brokerages raised target price on the Hindustan Unilever stock following its June quarter result while others downgraded it citing expensive valuations. CLSA,

ONGC board approves exiting Pawan Hans, to sell 49% stake

ONGC board approves exiting Pawan Hans, to sell 49% stake

Officials said ONGC of the view that its investment in Pawan Hans is no longer strategic as it charter hires helicopters to ferry staff to its oil and gas locations, mostly in offshore, through competitive bidding.The board of ONGC has approved exiting helicopter servic

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