Minority shareholders of ICICI Securities (I-Sec) led by Bengaluru-based investment manager Manu Rishi Gupta have filed a class action suit with the Delhi bench of the National Company Law Tribunal (NCLT) against ICICI Bank's bid to delist its broking arm. The private lender's scheme of arrangement to delist ICICI Securities received approval from the subsidiary's public shareholders.
Open FlipBuy or sell stocks for today: After rising for five straight sessions, the Indian stock market came under profit-booking stress and ended lower on Friday last week. The Prabhudas Lilladher expert went on to add that the 50-stock index now. Vaishali Parekh recommended three buy or sell stocks for today — CUB, Pidilite Industries, and Godrej Properties.
Open FlipFrequent fairs hosted by Dubai builders, countless insta ads dangling easy payment plans, and cold calls by brokers can be a regulatory minefield for the wealthy as well as the wannabe dreaming to own a property in the Gulf's most happening and cosmopolitan city.Many resident Indians, unwittingly walking into deals that require a down-payment of just 15 to 20% of the property.
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