L&T, ITC, Axis stakes may stay with SUUTI

Shares of ITC, Axis Bank and Larsen & Toubro are likely to stay with the Specified Undertaking of the Unit Trust of India, which was to be wound up in June. Legal opinion received by the government......

Sebi puts NSDL's IPO in abeyance

Capital markets regulator Sebi has kept in 'abeyance' the proposed initial share sale of securities depository NSDL. Photograph: Shailesh Andrade/Reuters However, the Securities and Exchange......

GIC, Deutsche, L&T vie for Sicom holding

Government of Singapore Investment Corporation, Deutsche Bank, Standard Chartered Bank and L&T Infrastructure have submitted their bids along with eight others with the Specified Undertaking of......

UTI-I not to sale stake in UTI Bank

UTI-I will not offload its holding in UTI Bank Ltd and instead be part of the UTI brand to exploit business synergies."We have no intention to sell our stake in UTI Bank Ltd where the specified......

Full text of the Justice Lodha IPL verdict

Justice Rajendra Mal Lodha. Photograph: PTI Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials,......