shareholders
Essar Steel shareholders offer to pay Rs 54,389 cr to clear all dues of lenders
Thu, Oct 25, 2018
Shareholders of embattled Essar Steel Thursday offered to pay an aggregate of Rs 54,389 crore including Rs 47,507 crore upfront cash payment to clear all dues owned to lenders so that the company can be pulled out of insolvency proceedings.
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Lemon Tree Hotels IPO soon; CMD Patanjali Keswani has unusual take on shareholders
Tue, Feb 27, 2018
While Lemon Tree Hotels doesn’t have a direct competitor in the listed space, it will be counted among the likes of Indian Hotels, EIH, Mahindra Holidays, Hotel Leela Ventures and Royal Orchid Hotels on the bourses
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Wondering why PC Jeweller tanked 24% today? Read all about it here
Fri, Feb 02, 2018
Shares of PC Jeweller tanked nearly 60 per cent on the BSE in intraday trade, following rumours, IT firm Vakrangee sold about 20 lakh shares of the jewellery firm in open market. Vakrangee had purchased roughly half a percent stake in the company on January 25, 2018.
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India Inc is to cut its reliance on debt to fund dividends
Tue, Apr 18, 2017
India Ratings research report said, “The top dividend paying corporates would pay dividend worth Rs 90,000 crore between FY17-FY18, from which Rs 5,800 crore is expected to be funded by debt – which much lower compared to the average of Rs 9,000 crore seen between FY14 – FY16."
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Co-founder Narayana Murthy calls out Infosys for COO compensation hike
Mon, Apr 03, 2017
Co-founder of Indian multinational corporation - Infosys, N. R. Narayana Murthy in an emailed statement on Sunday spoke up against the pay hike being given to the company’s Chief Operating Officer U B Pravin Rao.
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Bought for Rs 10 crore, Reliance Capital sells Paytm stake to Alibaba for Rs 275 crore
Tue, Mar 07, 2017
Reliance Capital has sold its nearly 1 % stake in popular digital payments firm Paytm for Rs 275 crore to China's Alibaba Group in a deal reaping huge gains for the Anil Ambani-led group firm.
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ICICI Prudential IPO: ICICI Bank may trim its stake to 54% in insurance arm
Mon, Sep 12, 2016
"The understanding between the shareholders is that when we arrive at the 25 per cent public shareholding over a three-year period, ultimately the Bank will hold 54 per cent stake and 20 per cent will be held by Prudential," said Chanda Kochhar on Business Standard.
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