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Top 10 biz headlines: Patanjali's bid for Ruchi, Ericsson-RCom case, & more

From Patanjali Ayurved's Rs 4,325-crore bid for Ruchi Soya to Ericsson-RCom case, Business Standard brings you top 10 business stories that made news on Tuesday

A file photo of Ramdev at a product launch of Patanjali Ayurved
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A file photo of Ramdev at a product launch of Patanjali Ayurved

BS Web Team
Sebi bars NSE from securities market for 6 months in co-location case

The Securities and Exchange Board of India (Sebi) on Tuesday directed the National Stock Exchange (NSE) to disgorge Rs 625 crore, along with interest at 12 per cent per annum since 2014, for lapses at its co-location (colo) facility, which allowed unfair access to certain brokers. The regulator also barred the exchange for a period of six months from accessing the securities market. Read on...

Anil Ambani firms hit new lows after ratings downgrade of financial arms

The Anil Ambani group’s all seven listed firms were under heavy selling