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 2026, the number of billionaires in the world has reached a new record. There…
India is preparing to the long-term strategy to achieve the self-sufficiency in the cocoa production…
ITC Limited has become the first company in India to receive the globally recognized Farm…
Nicknames often reflect a person's talent and personality in a special way. In the world…
Infosys has signed the multi year partnership with Carlos Alcaraz and appointed him as the…
To strengthening the defense capabilities of India Hindustan Aeronautics Limited (HAL) and GE Aerospace signed…