Gaekwad claims his offer of ₹275 a share to buy up to 55% of Religare is better than the Burman family’s offer of ₹235 a share.(Bloomberg) ...

Months after the Burman family took control of Religare Enterprises Ltd., the board of the financial services firm has ...

The offer was made in a letter addressed to the Chairperson of the market regulator, according to a filing made by Religare to the BSE. Gaekwad, in the letter, had said its offer of Rs 275 per ...

The Securities and Exchange Board of India (SEBI) has rejected an application by US-based businessman Danny Gaekwad, who had sought the regulator’s approval to place a competing open offer for ...

SEBI rejects plea of Danny Gaekwad for Religare open offer The Burmans had objected to Gaekwad's letter, saying that the competing offer should have been made within 15 days from the date of the ...

OCALA, FL – Florida-based businessman Danny Gaekwad has made a counteroffer to acquire a stake in Religare Enterprises at Rs 275 per share, significantly higher than the Rs 235 per share offer ...

The battle for control of Religare Enterprises Ltd. (REL) has taken a new twist, as Florida-based businessman Danny Gaekwad insists his bid for a controlling stake in the company is far from over. ...

Danny Gaekwad, the US-based businessman who is exploring to pitch a competing bid against the Burman family for a stake in Religare Enterprises, has written to regulators Sebi and RBI seeking ...

That, and US-based businessman Digvijay ‘Danny’ Gaekwad’s failure to submit ₹ 600 crore in an escrow account by 2 pm on Thursday—as directed by India’s top court—effectively means ...

The Supreme Court on Friday allowed Florida-based Danny Gaekwad Development and Investments to put its counter open offer to acquire the controlling shares of Religare Enterprises Limited (REL). The ...

In a stock exchange disclosure late on Friday, Religare shared a letter from U.S. entrepreneur Digvijay "Danny" Gaekwad's firm requesting permission from Indian market regulator SEBI to make an ...