Adani firm repays Rs 1,500 cr to SBI Mutual Fund, Aditya Birla Sun Life

Adani Ports and Special Economic Zone has repaid Rs 1,500 crore loan and will repay another Rs 1,000 crore in commercial papers due in March. Photograph: Amir Cohen/Reuters The Adani Group firm......

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On......

'Next Samvat Could See Equities Align With Economic Growth'

'The outlook for the next Samvat is more constructive, as many of the earlier drags are gradually becoming supports.' Illustration: Dominic Xavier/Rediff It's been a testing first half of......

Birlas take control of MF venture with Sun Life

The Aditya Birla group, led by Kumar Mangalam Birla, has taken charge of its mutual fund joint venture with Sun Life Financial of Canada by buying 1 per cent stake from the latter.The Birlas will......