The new ETF, which will be constituted after studying the appetite of large investors, is being planned for launch in the next financial year.

The CCI in a tweet said it has cleared \"acquisition of 100 per cent equity shareholding in HSCC by NBCC\". NBCC last month was selected as the buyer for 100 per cent strategic disinvestment of HSCC at a bid amount of Rs 285 crore by the government.

The current proposal, meant for Facebook's annual shareholder meeting in May 2019, asks the board to create an independent board chair to improve oversight, a common practice at other companies.

Big names like Kotak Bank, ICICI Bank and others extended a credit line to IL&FS through non convertible debentures at attractive interest rates.

Default on payments has put NBFCs under scrutiny and exposed the fault lines in the commercial papers they have issued

The government has brought in a new board to rescue crisis-ridden IL&FS. What can it do quickly to prevent further damage?

India focused private equity firm ChrysCapital Advisors LLP has appointed former SBI chairperson Arundhati Bhattacharya as an advisor.