MUMBAI: Sammaan Capital (formerly Indiabulls) shares rose 6% after the RBI approved the acquisition of a controlling stake by UAE-based International Holding Company (IHC) through an initial investment of about Rs 8,850 crore. In a regulatory filing on March 24, Sammaan Capital said RBI had cleared applications related to the proposed transaction involving Avenir Investment, an entity owned and controlled by IHC. TNN
US, EU seek WTO reform as meet starts
NEW DELHI: World Trade Organisation‘s ministerial meeting will kick off in Cameroon on Thursday, with reform of the 30-year-old multilateral body on top of the agenda of the US and…