Tue, Feb 16, 2021 1:38 PM
Continental GT, Interceptor bikes recalled by Royal Enfield in the US
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Mumbai: IIFL Finance commenced the special audit directed by the Reserve Bank of India (RBI) on Tuesday. This follows the central bank's embargo dated March 4, 2024, which suspended the disbursement of new gold loans by our company until the satisfactory completion of the said audit, said the company in an exchange filing.
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Vodafone Idea (Vi) surged nearly 12% on BSE on Tuesday, a day after successfully closing its ₹18,000 crore follow-on public offer (FPO), lifting investor hopes of the cash-strapped telecom company.The FPO is expected to be followed by a ₹25,000 crore debt issue, helping achieve Vi's targeted ₹45,000 crore fundraising drive aimed at regaining financial health.
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Bharti Airtel is in talks to buy Vodafone Group's 21.05% stake in Indus Towers, which could potentially give India's second ranked telco a controlling interest, said two people aware of the matter. If Vodafone Plc sells its Indus stake to Airtel, it could infuse some of the proceeds into Vodafone Idea, its cash-strapped, local telecom venture with the Aditya Birla Group, industry experts said.
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