Yes Bank Limited has acquired a 24.19% stake in Dish TV India Ltd, a corporation providing Direct to Home (DTH) television service in India, following invocation of 44.53 crores pledged shares thanks to default in payment of the debt by Dish TV and a few other companies.
Click Here To Get Test Series For SBI PO 2020
This is the fifth instance within the past one year that Yes Bank has acquired majority stake during a non-banking business simply thanks to the invocation of the pledge against shares of a corporation that had availed loans from the bank and later did not repay the dues.
Important Static for all competitive examination:
In 2024, India lost several legendary figures who made remarkable contributions to art, literature, sports,…
Dr. Manmohan Singh, a brilliant economist and statesman, served as the 13th Prime Minister of…
India continues to establish itself as one of the leading global economies in 2024, with…
Indian public sector banks (PSBs) have reported strong profitability, with a 25% increase in net…
Nvidia has recently announced the launch of its Jetson Orin Nano Super Generative AI supercomputer,…
Osamu Suzuki, the long-serving chairman and CEO of Suzuki Motor Corporation, passed away at the…