In a joint statement, the Kirloskar companies—Kirloskar Ferrous Industries (KFIL), Kirloskar Industries (KIL), Kirloskar Pneumatic, Kirloskar Oil Engines—said they have filed the appeal before SAT challenging the Sebi letter dated December 30, 2024, wherein the market regulator advised them to disclose the Deed of Family Settlement (DFS).
On December 31, 2024, these companies stated that they were preparing to legally challenge the letter by Sebi.
This story is from the January 05, 2025 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 05, 2025 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Israel-Hezbollah Truce Set to Extend Beyond Next Week
The ceasefire agreement that paused the war between Israel and the Hezbollah militia in Lebanon will likely be extended when it expires next week, according to several people familiar with the matter.
Govt to seek views on making auto expo annual affair
BHARAT MOBILITY GLOBAL Expo 2025 came to a close on Wednesday after witnessing around 200 product unveils across automotive, components and technology, with the government planning to seek industry views to make it an annual affair.
India's 'year of reforms' in defence
A close engagement between the private industry and govt is critical to achieve a robust policy along with adequate budgetary allocations in 2025
In message to China, Quad talks of open Indo-Pacific
Newly appointed US secretary of state Marco Rubio raised the issue of \"irregular immigration\" in his very first meeting with external affairs minister S Jaishankar in Washington DC on Wednesday.
Stargate: A Wake-Up Call for India to Act Fast on AI Autonomy
US President Donald Trump's announcement of the $500-billion Stargate project to build AI infrastructure is, experts say, a wake-up call for India to urgently advance its efforts toward achieving self-reliance in the artificial intelligence (AI) sector.
Interest rate cut will spur demand for home loans
An interest rate cut will spur demand for home loans, Girish Kousgi, managing director and CEO, PNB Housing Finance, tells Anupreksha Jain.
Court Acquits Khaleda Zia in 10-Year-Old Sabotage Case
A court in Bangladesh acquitted BNP Chairperson and former prime minister Khaleda Zia on Wednesday in a sabotage case filed in the southeastern Cumilla district 10 years ago.
HUL profit rises by 19.5% on Pureit sale
THE NET PROFIT (excluding the exceptional item) stood at ₹2,492 crore, down 1.07% compared to last year.
H-1Bs fill key skills gap: Nasscom
REDUCING RELIANCE
Food, fertiliser and LPG subsidies may be raised
The government is likely to raise spending on food, fertiliser, and cooking gas subsidies to ₹4.1 lakh crore in the next fiscal year, sources said, a moderate 8% year-on-year increase to cover higher food and energy costs.
