Religare withdraws petition against CCI order on Burman stake acquisition

The financial services firm, under former chairperson Rashmi Saluja, had filed a petition with NCLAT against the competition watchdog’s order allowing the Burman group’s stake acquisition.

9 March, 20252 min
0
Getting your Trinity Audio player ready...
Religare withdraws petition against CCI order on Burman stake acquisition

You may also like

Internet
Story image

What ails Mamaearth?

The beauty and personal care company put up a remarkably poor show in its latest quarterly earnings. A macro consumption slowdown has led to some belated soul-searching.

Business
Story image

In the fight for Religare, Burmans have an endgame in mind

The Dabur promoters, keen to take control of the company, offer a compromise formula that lets the Rashmi Saluja-led management continue. Will she bite?

Business
Story image

The strange, mercurial rise of Rashmi Saluja at Religare

The executive chairperson of Religare, battling a hostile takeover by its largest shareholder, is a mysterious figure with no background in financial services.