China Vanke Seeks to Extend Some Bank Loans by Up to 10 Years

China Vanke Co. is seeking to extend some of its domestic bank loans by as much as 10 years, according to people familiar with the matter, a move that could help the state-backed developer reduce liquidity risks. The Shenzhen-based builder, one of China’s largest by contracted sales, has made a preliminary proposal to several major … Read more

Proxy adviser seeks update on ₹480 cr ESOP clawback from Rashmi Saluja

Mumbai: Five months after Dabur India Ltd chairman Mohit Burman took control of Religare Enterprises Ltd, a proxy advisory firm has sought an update on the issue of recovering shares of a subsidiary worth ₹480 Crore from Former Religare Chair Rashmi Saluja. On Sunday, InGovern Research Services issued a note asking that Religare and its … Read more