Stocks of Indiabulls Group are in focus on Thursday, a day after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect. S S Mundra, former deputy governor of Reserve Bank of India (RBI) and an independent director on the board, will be non-executive chairman, the company said on Wednesday. READ ABOUT IT HERE
Most stocks from the Indiabulls stable - Indiabulls Housing Finance, Indiabulls Ventures and Indiabulls Real Estate - gained ground despite the development.
Gehlaut took charge as CEO and whole-time director of Indiabulls Ventures — a sister company — on
Gehlaut took charge as CEO and whole-time director of Indiabulls Ventures — a sister company — on