The Securities and Exchange Board of India (SEBI) said it has found that the promoters and directors of Kirloskar Brothers Ltd (KBL) had violated norms on prohibition of insider trading and traded in the scrip of KBL with the knowledge of price sensitive information. It also said the promoters and directors had submitted an incorrect undertaking or declaration to the ...
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Singh Brothers May Sell Fortis Majority Stake to TPG+GA Combine: Report
Erstwhile Ranbaxy brothers who had sold it for a whopping amount to a Japanese firm, are now planning to sell off majority of their stake in corporate hospitals chain Fortis Healthcare, including its diagnostic arm SRL, and PE firms TPG and General Atlantic (GA) are reportedly holding talks on price. ET reported in December 2016 that the Private Equity firm ...
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