RIL creates 7 subsidiaries to manage its telecom, content business

RIL creates 7 subsidiaries to manage its telecom, content business

Mumbai, Dec 10: Reliance Industries (RIL) has created seven subsidiaries to manage its growing telecom and content business, a month after completing deals with Den and Hathway Cable Networks, a senior official told Mint. The subsidiaries are called Jio Content Distribution Holdings, Jio Internet Distribution Holdings, Jio Television Distribution Holdings, Jio Cable and Broadband Holdings, […]

Regulators not under any authority should involve stakeholders: Jaitley

Regulators not under any authority should involve stakeholders: Jaitley

New Delhi, Dec 10: Regulators in India that are not answerable to any appellate authority should involve other stakeholders for better decision-making, the country’s finance minister said. While the markets regulator, the competition watchdog and the insurance regulator all have a tribunal for appeals, some, including the central bank, do not have one. “There would […]

Sebi plans to tighten insider trading rules

Sebi plans to tighten insider trading rules

New Delhi, Dec 10: In a series of reforms, capital markets regulator Sebi plans to expand its offer for sale (OFS) framework to more companies, relax its norms for clubbing of investment limits by established foreign investors and tighten insider trading rules. The regulator is also planning to relax its disclosure norms for housing finance […]

Escorts, Kubota join hands to manufacture high-end technology tractors

Escorts, Kubota join hands to manufacture high-end technology tractors

New Delhi, Dec 10: Engineering and farm equipment maker Escorts has formed a joint venture (JV) with Japan’s Kubota Corporation to produce high-end technology tractors for domestic as well as export geographies, a joint statement issued by the two companies Monday said. The JV will leverage Kubota’s technology and engineering prowess of Escorts to cater […]

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