UK-based Reckitt Benckiser has made an open offer to acquire 49 per cent stake in its Indian arm at Rs 250 per share. This will enable it to delist Reckitt Benckiser India from the Indian stock exchanges as the parent company already holds a 51 per cent stake in the company.
Zee Telefilms has acquired management control of Hyderabad-based Padmalaya Telefilms(PTL) by buying a majority stake in the holding company Padmalaya Enterprises.
According to the Society of Indian Automobile Manufacturers, car sales during Feb