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Reliance sells unit to former associate company, in test of Sebi's related party transaction rules

Mumbai/Bengaluru, May 1 -- Reliance Industries Ltd's recent sale of a second-level step-down subsidiary to a little-known company may test the limits of regulation on related-party transactions even w... Read More


Norway's wealth fund will not invest in Adani Green over corruption allegations

Mumbai/Bengaluru, Feb. 27 -- Norway's sovereign wealth fund, the world's largest managing assets over $2.2 trillion, has decided not to invest in Adani Green Energy Ltd, citing corruption and financia... Read More