Religare Enterprises' board seeks urgent funding from new promoters, the Burman Group, to bridge a cash flow gap. A ...

MUMBAI: Diversified financial firm Religare Enterprises Ltd (REL) on Monday said its board is seeking a governance review of ...

The Burman family, who founded and control consumer goods conglomerate Dabur India, acquired control of the financial ...

Religare Enterprises Ltd (REL) on Monday said its board has asked the new promoter Burman family to provide immediate funding support to sustain operations.      The board of Religare has commissioned ...

The Burman family may need to inject ₹3,000-5,000 crore to kickstart the NBFC arm business and catalyze the growth of Care Health." The Burmans last week concluded their open offer for Religare ...

However, these efforts did not succeed, and both SEBI and RBI allowed the Burmans to proceed with the open offer. In a last-ditch attempt to prevent the Burmans from taking control of the company ...

The trigger: the reluctance of the Rs 6,300-crore Religare Enterprises Ltd (REL), a listed company, to get the paperwork done for the Burmans of Dabur to wrap up the open offer they made to its ...

A spokesperson said that the group will work with Religare Enterprises’ leadership and board to reinforce its strategic direction and enhance long-term value creation. The immediate priority is to ...

An exhibition titled Garden of Dreams, featuring the works of artist Maya Burman, was inaugurated at Nayan Naveli Gallery in ...

The Burmans, who founded and control the leading fast moving consumer goods (FMCG) giant Dabur India, got the central bank's approval to buy more shares in December. “Our immediate priority is ...

Religare Enterprises said the Burmans held 83,201,819 equity shares in the company, representing 25.16 per cent stake. Following the development, the stock climbed 8.52 per cent to hit a high of ...