Sebi turns down L&T’s Rs 9,000-cr buyback offer
The Securities and Exchange Board of India (Sebi) has denied approval to Larsen & Toubro’s (L&T’s) Rs 9,000-crore share buyback plan, citing compliance issues over its post-buyback debt-equity ratio. Read more
Centre issues order to sack two PNB EDs
The central government has sacked two Punjab National Bank (PNB) executive directors (EDs) for their alleged involvement in the Rs 14,300-crore fraud by a group of companies belonging to Nirav Modi and Mehul Choksi. The incident came to light a year ago. Read more
Very close to Jet resolution, says SBI chairman
The State