Burman family buys 3.6% stake in Religare Enterprises for Rs 277 crore
Thu, Feb 1, 2024 12:32 PM

Burman family buys 3.6% stake in Religare Enterprises for Rs 277 crore

A Flip by Shubhangi Gupta
Get it on Google Play
Dabur India's Burman family has bought a 3.6% stake in Religare Enterprises for Rs 277 crore on the NSE, increasing their ownership to 24.77%. Meanwhile, Mahesh Udhav Buxani sold a 1.37% stake in Religare for Rs 106 crore. The four entities of the Burman family have been approved by the CCI to acquire a total of 31.27% stake in REL.

More great flips

Maharashtra RERA receives deregistration requests for 19 more projects

Maharashtra RERA receives deregistration requests for 19 more projects

MahaRERA receives applications for deregistration of 19 projects, including a Lokhandwala project and a Dombivli project of Lodha, due to zero booking, financial problems, or non-feasibility, bringing the total to around 400 projects. MahaRERA has approved deregistration of about 200 projects so far.

Open Flip
Ready to Invest in Cryptocurrency?

Ready to Invest in Cryptocurrency?

When the cryptocurrency market surges, it's hard not to get swept up in the excitement. Managing risk in the crypto market is crucial, especially for newcomers. Three key tips can help: 📌avoid getting caught up in FOMO and impulsive decisions, 📌know when to cash out and establish a clear exit strategy, and 📌focus on assets with long-term value rather than volatile meme coins.

Open Flip
Trade Setup for November 25: Nifty to see a gap-up on Monday?

Trade Setup for November 25: Nifty to see a gap-up on Monday?

The Indian equity market on Monday is expected to react to the outcomes of state assembly elections in Maharashtra and Jharkhand, alongside global triggers such as developments in the Russia-Ukraine war. The BJP-led Mahayuti alliance swept Maharashtra, registering much more seats than predicted by exit polls. This result is likely to provide political stability, boosting investor sentiment.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon