Tag Archives: gets

AU Small Finance gets scheduled commercial bank status

AU Small Finance Bank has received Reserved Bank of India (RBI) approval to operate as Scheduled Commercial Bank. This bank’s name has now been included in the Second Schedule of Reserve Bank of India Act, 1934. Post acquiring scheduled commercial bank status, AU Small Finance Bank will be able to do borrowing and lending with RBI under Liquidity Adjustment Facility ... Read More »

Zydus Cadila Gets US Regulator’s Nod For Drug, Shares Jump 2%

New Delhi: Zydus Cadila has received approval from the US Food and Drug Administration (USFDA) to market aspirin and extended release dipyridamole capsules, used to prevent excessive blood clotting and reduce the risk of strokes. After the announcement, shares of the company’s listed entity Cadila Healthcare rose by over two per cent to Rs. 510 apiece on the Bombay Stock ... Read More »

Essel Finance gets SEBI nod for Peerless General Finance acquisition

MUMBAI, AUGUST 11:   Essel Finance Management LLP’s (EFM) subsidiary Essel Finance Wealthzone has received SEBI approval to acquire the entire shareholding of the Peerless General Finance and Investment Co. Ltd and others, in Peerless Funds Management Co. Ltd and Peerless Trust Management Co. Ltd. Essel Finance Management is the financial services arm of Subhash Chandra-promoted Essel Group. At present, EFM ... Read More »

Essel Finance gets SEBI nod for Peerless General Finance acquisition

Essel Finance Management LLP’s (EFM) subsidiary Essel Finance Wealthzone has received SEBI approval to acquire the entire shareholding of the Peerless General Finance and Investment Co. Ltd and others, in Peerless Funds Management Co. Ltd and Peerless Trust Management Co. Ltd. Essel Finance Management is the financial services arm of Subhash Chandra-promoted Essel Group. At present, EFM offers a range ... Read More »

A Facebook post proves nothing gets past Woolworths

A WOMAN who tried to outsmart Woolworths has been seriously burned by the supermarket giant online. She posted on the company’s Facebook page complaining about the state of some avocados she bought from a store in Double Bay. “I purchased these avocados from your store at Double Bay yesterday, upon making a sandwich today I came to find these avocados ... Read More »