Briefly Business: GMR Infra chairman raises stake in company

GMR Infra chairman raises stake in company

Mumbai: GMR Infrastructure's chairman GM Rao has increased his personal stake in the company by buying shares worth Rs 1.61 crore. Rao bought 9,17,500 shares of GMR through open market transactions on Monday increasing his holding in the company to 0.0316 per cent.

UBI cuts home, education loan rates

mumbai: Union Bank of India has reduced education loan rates by up to 2 per cent, and a category of home loans by 0.25 per cent, as the focus of the banking industry shifts to retail borrowers.

SC to hear Sahara appeal on Monday

new delhi: Sahara Group today moved the Supreme Court against the order of the Securities Appellate Tribunal dismissing its appeal against SEBI in a case involving refund of about Rs 24,000 crore with interest to investors. The court said it would hear the petition on Monday.

MACL seeks probe into leasing airport to GMR

male: The Maldives Airports Company has filed a complaint with the police over what it terms as "unlawful leasing" of Male International Airport to Indian infrastructure major GMR.

London Mayor for easy listing of Indian firms

mumbai: The Mayor of London Boris Johnson on Friday called on the India to cut redtapism that severely restricts companies from listing on overseas stock exchanges like that of London.

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