Manpasand Beverages Scam: Capital markets regulator Securities and Exchange Board of India (SEBI) has barred Manpasand Beverages Ltd (MBL) and its three top officials from the securities markets for three years and imposed a penalty totalling ₹68 lakh on them for manipulating and mis-stating the company's financial statement.In its order, the regulator said that the financial statements.
Open FlipThe Reserve Bank of India (RBI) has lifted the restrictions on Bajaj Finance's two products eCOM and online digital ‘Insta EMI Card’, with immediate effect, company said in an exchange filing on May 2.The company further said that it would now resume sanction and disbursal of loans in the above two business segments including issuance of EMI cards.
Open FlipPharma majors Bayer Pharmaceuticals Private Limited and Zydus Lifesciences Limited (formerly Cadila Healthcare) on May 2 announced the conclusion of their joint venture (JV) - Bayer Zydus Pharma Private Limited (BZPPL). The announcement came after Bayer acquired the remaining 25 percent stake in Bayer Zydus Pharma to secure full ownership.
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