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Religare Enterprises is set to raise 1,500 crore through preferential allotment of warrants, with the Burman family of Dabur contributing 750 crore. Other investors include Ashish Kacholia, Hindustan Times group, Ashish Dhawan and JM Financial. The capital will fuel business growth, strategic initiatives, and new opportunities across Religare's diverse financial services.
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Boeing reached a settlement Friday with a Canadian man whose wife and three children were killed in a deadly 2019 crash in Ethiopia, averting the first trial connected to the devastating event that led to a worldwide grounding of Max jets.
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"The mandatory adherence requirement of input steel for imports of steel products with bill of lading having shipped on board date on or before July 15 shall be exempted," the steel ministry said in a clarification. The move brings relief to micro, small and medium enterprises (MSMEs) that had been given little time to comply.
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