Moneycontrol PRO

business

Grasim to dilute with addition of AB Nuvo's businesses: Singhvi

Grasim is already trading on discount on back of its two businesses - cement and textile and instead of simplifying it, this structure has been complicated, which does not go down well its shareholders, Anil Singhvi, Chairman of Ican Investment Advisors says.

first published: Aug 12, 2016 12:01 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347