IDBI-UWB merger: A win-win deal
The shareholders of UWB could not have asked for a better price to exit. IDBI has offered to pay Rs 28 per share to the shareholders of UWB. This is at a 30 per cent premium to its current market price. At this price, the purchase consideration ...
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Stock limits on essential items in Maharashtra
The Maharashtra Government has imposed, with immediate effect, stock limits on wheat and pulses, a senior State Government official told Business Line. The limits are applicable to wholesalers operating in the urban and rural areas. In ...
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Pudumjee Pulp: Up on project hopes
Pudumjee Pulp & Paper Mills seems to have a number of non-operational positives under its belt. Dalal Street buzz suggests that the company could finally avoid an excise demand and has taken up a real estate development project. The company is .
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