Demerger

RP-Sanjiv Goenka Group to restructure CESC, company to split into four

The business restructuring scheme aims to simplify the present corporate structure, Group Chairman Sanjiv Goenka said.

Wipro Announces Creation Of Wipro Enterprises Limited

Wipro Limited will remain a publicly listed company that will focus exclusively on information technology.

Fortis gets board nod to demerge diagnostics biz's into a new entity Fortis Malar Hospitals

As part of the process, Fortis Malar will sell its hospital business to Fortis Healthcare by way of a slump sale for a lump sum cash consideration of Rs 43 crore

Future Group merges retail operations with Bharti Retail: E-tailers should watch out

Adani to demerge ports, power, transmission and mining business

The restructuring, which involves moving away from the holding company structure for the group, would entail existing shareholders of the current flagship firm Adani Enterprises getting direct fresh shares of the ports and power companies.

India Cements surges : Why investors are cheering SC rap on N Srinivasan

Shares of India Cements surged nearly 9 percent today after the Supreme Court ruled that there was no evidence to proove that suspended BCCI president N Srinivasan had attempted to cover up any of the allegations made against his son-in-law Gurunath Meiyappan in the the IPL spot-fixing and betting scandal.

Have no plan to sell stake in Hisar unit, says Jindal Stainless

Jindal Stainless to demerge 3 business verticals, list Hisar unit on NSE, BSE

Wipro drops 11% after company's demerger plan

Shares in Wipro , India's No. 3 software services provider, fell as much as 11.3 percent on Tuesday in the first trading session as a standalone IT stock after the company split off its other businesses into a separate unit.

Why Wipro investors need not take their money and run

Wipro's shareholders are spoilt for choice in the decision to demerge the non-IT businesses from the parent company. Which one is the right one?