HDFC Bank Financial Data Leak Case | HDFC Bank Says

Bank will continue to work closely with SEBI in this regard. Bank re-iterates commitment to highest standards of corporate governance, ACC Says

Not proceeding with merger with Ambuja Cements at this juncture

Merger with Ambuja Cements remains the ultimate objective

Currently, there are constraints in implementing merger with Ambuja Cements

Arrangement with Ambuja Cements for mutual purchase & sale of materials, svcs

Arrangement with Ambuja Cement will need shareholder approval

Arrangement with Ambuja Cements intended to maximize synergies & unlock value

Don't think business compulsion behind merger being shelved at present

There is a 'bigger design' behind the merger being called off both 

cos failed at coming out with plan for minority shareholders

This is an effort to frustrate the minority shareholders

Other stocks and sectors in the news

Jain Irrigation subsidiary invests in Innova Food NV Belgium. CY17 turnover of the acquired co - Euro 23.6mn

Mahindra & Mahindra collaborates with LG Chem to for Lio-on battery technology to support EV revolution in India

IOB approves preferential issue of shares to GoI up to Rs 4694cr

Music Broadcast - Radio city and Apple music launch Bollywood countdown show

LT Foods - CRISIL upgrades long term and short term ratings of the Co

Sagar Cements board approves acquisition of hydel power plants (capacity of 4.3 MW and 4 MW) for a sum of 26.9cr

USL - ICRA upgrades ratings of various debt instruments

HDFC Bank says will work closely with SEBI in relation to WhatsApp data leak

Simbhaoli Sugar says that in relation to the fraud case registered by OBC- co is in process of submitting the information and clarifications to the investigating agencies

PNB says quantum of unauthorized transactions can increase by USD 204.25 mn Clarifies that govt hasnt asked PNB to pay the fraud liabilities

Indiabulls Real Estate’s EGM on March 23 to seek shareholder approval for divestment of stake in Indiabulls Properties

IMAX inks a new five-year pact with PVR Cinemas

JSW Steel, Monnet Ispat creditors OK Aion-JSW Offer for Monnet Ispat - ET

KKR sells 5.9% stake in Coffee Day Enterprises to raise Rs 405cr

RIL-BP’s USD 4bn investment plan in KG-D6 approved

PFC inks MoUs with UP power utilities to provide financial assistance of Rs 50,200cr

Amtek Auto creditors may offer to sell Amtek along with its units - mint

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