Ahmedabad (Gujarat) [India], May 5: Empower India Limited (BSE - 504351, NSE - EMPOWER), a company traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), is pleased to announce the signing of a term sheet for the proposed acquisition of a majority stake in MABIL, a prominent UAE-based entity.
Ahmedabad (Gujarat) [India], May 5: Empower India Limited (BSE - 504351, NSE - EMPOWER), a company traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), is pleased to announce the signing of a term sheet for the proposed acquisition of a majority stake in MABIL, a prominent UAE-based entity.
Sun TV is part of the Sun Group, controlled by Kalanithi Maran, a relative of Tamil Nadu Chief Minister MK Stalin, who also heads the DMK. The stock had dropped as much as 9.5% earlier in the session, hitting an intraday low of ₹547.55 on BSE.
Stock market holiday: Most major stock markets across Asia are also closed today, May 1, on account of Labour Day. Markets in China, Hong Kong, Indonesia, Singapore, Thailand, Mauritius, Malaysia, Vietnam, Taiwan, Pakistan and Sri Lanka are shut.
India Business News: Indian markets are set for a shortened trading week, with the NSE and BSE remaining closed on Friday, May 1, for Maharashtra Day. The holiday will pau.