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IIFL Wealth Management Ltd. is an Indian wealth management firm, [3] [4] [5] headquartered in Mumbai, India. The company has a presence in 7 countries and 23 locations in India. [ 6 ] It offers wealth management , asset management , portfolio management services, investment products, treasury services, estate planning and lending among others.
S. Alam Group bought 50 per cent of the shares of Social Islami Bank Limited through 19 subsidiaries violating the Banking Company Act, 1991 in the process in 2017 achieving a hostile takeover. [1] The same year the company took over Islami Bank Bangladesh Ltd and appointed Arastoo Khan chairman. [13]
In 2014, Bangladesh Bank fined Bangladesh Krishi Bank 50 thousand taka for providing 1.8 billion taka loan to S.A. Group of Industries, through two subsidiaries, despite it being known as a loan defaulter. [8] Agrani Bank Limited filed a lawsuit against Shahabuddin Alam and his wife over the bouncing of three cheques. [9]
Shah Capital, the biotech's third-largest shareholder with a near 7.5% stake, reiterated the company was "undervalued and continues to suffer from poor profitability".
"The Investment Corporation of Bangladesh (Amendment)Act, 2000" 6 July 2000 25 Registration of the three Subsidiary Companies with the Registrar of Joint Stock Companies and Firms 5 December 2000 26 ICB Capital Management Ltd. 1 July 2002 27 ICB Asset Management Company Ltd. 1 July 2002 28 ICB Securities Trading Company Ltd. 13 August 2002 29
Novavax, whose shares are trading near a record low, is one of the most shorted stocks on the Nasdaq. The company's shares fell 3.5% to $4.13 in early afternoon trading.
Shaw Wallace India Limited received liquor and chemicals business and Shaw Wallace Pakistan Limited received the tea and shipping business segments. [2] It was the agent of DDG Hansa in Chittagong. [3] Following the Bangladesh Liberation War in 1971, the shipping business was nationalized in Bangladesh as Messers Shaw Wallace. [2]
A cargo vessel from Pakistan’s Karachi has docked at Bangladesh’s southeastern coast, marking the first-ever direct maritime contact between the two countries since the 1971 Bangladesh ...