Author: Legal Parivar

Country risk analysis is a comprehensive assessment of the various factors that may pose risks or opportunities to businesses operating in a particular country.

Green Field Investment and Cross-Border Mergers and Acquisitions (M&As) are two primary methods through which companies expand their operations internationally.

On June 6, Zee Entertainment Enterprises Limited (ZEEL) announced that its board has granted in-principle approval to raise up to Rs 2,000 crore through the issuance of shares or other eligible securities. Following this announcement, Zee’s shares rose by 5 percent, trading at Rs 153.75 apiece on the BSE. The stock has seen a 12.5 percent increase over the past month. Previously, Zee had indicated plans to consider fundraising on June 6 via equity shares issuance, private placement, a qualified institutions placement, preferential issue, or other methods, subject to necessary approvals. This fundraising move comes after Sony scrapped its $10…

The National Testing Agency (NTA) has announced the NEET UG Result 2024 on their official website https://exams.nta.ac.in/NEET/. Among the candidates who achieved a perfect score of 720/720 in the 2024 NEET-UG results, 67 candidates attained this feat. However, it’s noteworthy that 44 of these candidates reached the top scores due to an unexpected twist. They received “grace marks” for answering a basic physics question incorrectly. This erroneous answer was influenced by a mistaken reference in their old Class 12 NCERT science textbook. This marks an ironic turn of events as the incorrect response led to the candidates being awarded additional…

Navratna PSU NBCC witnessed an uptick in its stock value after confirming a series of orders, both from the government and private sector, totaling close to Rs 500 crore. In an exchange filing dated June 5, NBCC announced that it had received 13 separate orders amounting to Rs 491.45 crore. Notably, the largest order, valued at Rs 130 crore, comes from the Ministry of External Affairs for constructing residences at a government plot in New Delhi. Additionally, NBCC has been contracted to build a multi-facility healthcare complex in Mumbai’s Antop Hill area for Rs 112 crore. Following this announcement, NBCC…

Uno Minda witnessed a remarkable start on the stock market, with shares soaring by 18% to achieve a fresh all-time high of Rs 1,016. This surge comes as the company announced a partnership with China’s lnovance Automotive aimed at enhancing its electric four-wheeler product range. The management underscores the significance of this collaboration, stating that it will substantially expand Uno Minda’s e-4W product portfolio, positioning the company to effectively address the growing Indian EV market. Additionally, Uno Minda aims to elevate this partnership into a joint venture, pending necessary approvals. The selected electric vehicle products include Charging Control Units (CCU),…

Tata Steel Limited issued a clarification on June 6 regarding recent news articles suggesting potential financial support from the Netherlands for the green transformation of its IJmuiden factory. This clarification came in response to reports by Bloomberg on June 5, 2024. Tata Steel stocks were trading positively, up by 2.07% at ₹172.70 on June 6, 10:45 p.m., on the BSE. Bloomberg reported concerns regarding health and environmental issues associated with Tata Steel’s IJmuiden plant. According to the Dutch National Institute for Public Health and the Environment, emissions from the plant have been linked to health risks in the surrounding area.…

Shiv Sena UBT leader Sanjay Raut described Maharashtra Deputy Chief Minister Devendra Fadnavis as the antagonist of the state’s politics, holding him responsible for the Bharatiya Janata Party’s (BJP) poor performance in Maharashtra. Raut stated that Fadnavis’ offer to resign from the deputy CM post is merely a political tactic. Raut expressed his views in an interview with ANI, stating, “Such tactics are common in politics… Maharashtra has rejected Fadnavis’ leadership… He is the villain of Maharashtra politics, and BJP’s downfall in the state is attributed to him… He has tainted the political landscape of Maharashtra, and he is facing…

The Central Board of Secondary Education (CBSE) announced that it observed significant variations between theory and practical marks in certain subjects among 50% or more of students, detected through advanced artificial intelligence (AI) tools. Based on past years’ result statistics, approximately 500 CBSE-affiliated schools reported these variations, emphasizing the importance of meticulous assessment during practical examinations. In response, the Board issued an advisory to these schools to review their internal assessment procedures. CBSE Secretary Himanshu Gupta highlighted the goal of establishing a stronger, more reliable evaluation system to enhance the educational experience for students. The advisory underscores the importance of…

Copartner, a startup based in Gurugram, will provide Indian traders with daily free calls facilitated by Securities and Exchange Board of India (SEBI)-licensed analysts, as reported by Business Standard. The platform, founded by Saksham Agrawal, offers two to three daily free calls with SEBI-licensed analysts, aiming to democratize access to high-quality trading advice. Agrawal, who serves as the CEO, highlighted that Copartner’s objective is to foster collaboration and growth within the trading community by connecting traders with experienced analysts. Designed to assist traders in navigating market complexities, Copartner has the potential to revolutionize how people invest and manage their portfolios.…