Aditya Birla Capital (ABCL), the holding company of the financial services business of Aditya Birla Group, will exit its insurance broking business by selling Aditya Birla Insurance Brokers (ABIBL) to Samara Capital for an upfront payment of Rs 455 crore. Further, under the share purchase agreement (SPA), the company and Infocyber (the other shareholder) may […]
By Shivangi Sarda NSE Nifty 50 index opened positive but remained highly volatile in a broader trading range of 250 points. The first half saw slight weakness followed by recovery and finally concluded in losses of around 30 points. It formed a Bearish candle on daily scale and lack of follow up buying is seen […]
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