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
Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet
NEW DELHI: Amid mounting losses, public sector oil firms announced the much-anticipated increase in petrol and diesel prices, raising it by around Rs 3 a litre across metros on Friday,…