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Watch: SEBI addresses press conference
Fri, Jun 28, 2019
Watch: SEBI addresses press conference. To know more watch the video
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.
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
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.
Tata Sons to buy Tata Steel stake in Tata Motors
Sat, Jun 17, 2017
Tata Sons Ltd, the holding company of India`s salt-to-software Tata conglomerate, plans to buy out Tata Steel Ltd`s stake in Tata Motors Ltd on or after June 23, it said in a regulatory filing on Saturday.
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."
Rao’s raise linked to global benchmarks, Infosys says
Tue, Apr 04, 2017
After the dispute of Infosys’ COO, UB Pravin Rao’s compensation hike went public the company said it revised the compensation structure according to Indian and global companies, a report by The Hindu said on Tuesday.
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.
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.
Tax dept keeps in abeyance circular on indirect transfer
Wed, Jan 18, 2017
Nangia & Co Partner Amit Agarwal said FII/FPIs are highly sensitive breed of investments and the circular had brought in more apprehensions than clarity.
Over 70% non-promoters voted against my removal or abstained: Mistry
Wed, Dec 14, 2016
Cyrus Mistry, former chairman at Tata Sons, who was also ousted from Tata Consultancy Services (TCS) responded to his ‘vote out’ with a thank you letter to the shareholders.
Mistry is violating his self-propounded rules, not us, says Tata Sons
Wed, Dec 07, 2016
In yet another move to exile the already ousted Cyrus Mistry, Tata Sons pointed out on Tuesday night that Mistry is violating the guidelines that at one time he had advocated for.
Mistry urges shareholders to define the future at Tata Group
Mon, Dec 05, 2016
Cyrus Mistry saga continued on Monday with the ousted chairman writing a 14 page letter to shareholders before the upcoming EGMs, questioning the governance methods of the Tata Group.
Tata Sons' shareholders discord may hit group companies: S&P
Mon, Nov 28, 2016
The recent events at Tata Group could lead to slow decision-making at some of the group companies.
Now, Tata Steel shows Cyrus Mistry the exit door
Fri, Nov 25, 2016
Yet another Tata Sons company has replaced Cyrus Mistry as Chairman. Tata Sons also seeks to remove him from Indian Hotels.
After TCS, Indian Hotels calls for EGM to remove Cyrus Mistry
Mon, Nov 21, 2016
TCS and Indian Hotels calls for EGM to oust Cyrus Mistry as chairman of the Tata Sons companies.
Sebi seeks public comments on listing regulations
Tue, Oct 04, 2016
Sebi came out with a consultation paper on corporate governance issues in compensation agreements.
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.
Cairn India shareholders approve merger with Vedanta
Mon, Sep 12, 2016
The Bombay High Court had passed an order in July asking the company to have a meeting of equity shareholders with regards to the decision to merge Cairn India with Vedanta.
Askme.com issue reaches police; Board assures update on dues in 15 days
Wed, Aug 24, 2016
In a letter filed in the Sadar Police station in Gurgaon, Askme.com's Directors said that they certify that they will send their recommendations to all the shareholders within seven days time regarding the outstanding dues to creditors and sellers.