Promoters

Showing of 1 - 20 from 20 results
Promoters - Total results - 20
FII ownership in Nifty-500 hits five-year low during Q4; promoter holdings up post-COVID-19 outbreak: Motilal Oswal
Business

FII ownership in Nifty-500 hits five-year low during Q4; promoter holdings up post-COVID-19 outbreak: Motilal Oswal

Both FIIs and domestic institutional investors (DIIs) increased stake in telecom on a quarter-on-quarter basis by 190 and 220 basis points respectively.

Maradu flats: SC says demolition must be completed in 138 days, directs Rs 25 lakh as interim compensation for owners
India

Maradu flats: SC says demolition must be completed in 138 days, directs Rs 25 lakh as interim compensation for owners

The Supreme Court on Friday directed that demolition of flats built on the coastal zone of Kochi's Maradu be completed in 138 days, in accordance with the time schedule provided by the Kerala government

Promoters, directors now getting SMS alerts for discrepancies in returns filed, GST non-payment
Business

Promoters, directors now getting SMS alerts for discrepancies in returns filed, GST non-payment

The GST Network has developed a system whereby SMSes are being sent to promoters, directors and proprietors automatically in case of default in payment of tax, filing of returns or mismatch in ITC claims by the business entities, its Chief Executive Prakash Kumar said

IndiGo parent, InterGlobe Aviation's shares tank nearly 8% on reports of alleged rift between promoters
Business

IndiGo parent, InterGlobe Aviation's shares tank nearly 8% on reports of alleged rift between promoters

Shares of InterGlobe Aviation Limited dropped nearly 8 percent on Thursday amid reports of an alleged rift between the promoters of IndiGo

Jet Airways saga: Why promoter Naresh Goyal must not just step down but exit the airline he founded
Business

Jet Airways saga: Why promoter Naresh Goyal must not just step down but exit the airline he founded

Etihad Airways has been insisting that Jet Airways' founder and Chairman Naresh Goyal must step down from the company's board and his stake should be slashed to 22% from 51% as a precondition for its heightened stakes.

TCS promoters to participate in recently announced Rs 16,000-cr buyback offer
Business

TCS promoters to participate in recently announced Rs 16,000-cr buyback offer

Earlier this month, the TCS board had approved a proposal to buy back up to 7.61 crore shares or 1.99 percent of the total paid-up equity share capital at Rs 2,100 a share.

Sebi to implement system-driven disclosures for non-promoters, directors, employees of listed firms
Business

Sebi to implement system-driven disclosures for non-promoters, directors, employees of listed firms

Sebi said the system would continue to run in parallel with the existing system.

Income Tax Department takes cognisance of Cognizant’s Rs 2,500 cr tax avoidance, but will not succeed
Business

Income Tax Department takes cognisance of Cognizant’s Rs 2,500 cr tax avoidance, but will not succeed

Tax avoidance is still a potent part of a tax payer’s armour. The only way to end tax avoidance is legislative interference.

Insolvency ordinance: Let crooked promoters too bid, if they make a clean breast of their past
Business

Insolvency ordinance: Let crooked promoters too bid, if they make a clean breast of their past

Many steel companies’ promoters facing insolvency proceedings want to bid says Kotak Securities, but the new law throws a spanner in their works.

Sebi bans Grass Root Finance, 13 cos from capital  markets for raising funds by violating IPO norms
Business

Sebi bans Grass Root Finance, 13 cos from capital markets for raising funds by violating IPO norms

The company had issued equity shares to 9,321 people between 1995-96 and 2006-07 and raised Rs 6.80 crore through such issuance.

CEOs switching jobs: What should they consider before taking this step
Business

CEOs switching jobs: What should they consider before taking this step

A CEO is not all powerful – there are boundaries that even a CEO faces vis-à-vis the board , the promoters and the ecosystem

Taming 2.09 lakh defunct companies: With bank accounts frozen, will it result in a rich haul for govt?
Business

Taming 2.09 lakh defunct companies: With bank accounts frozen, will it result in a rich haul for govt?

The promoters and directors would now have to explain the source of the funds pouring into the bank accounts thus frozen

Infosys: Not all promoters likely to be in sync with Narayana Murthy's criticism, says advisory firm
Business

Infosys: Not all promoters likely to be in sync with Narayana Murthy's criticism, says advisory firm

IiAS said the voting pattern of Infosys promoters' shares in resolutions presented by the company over the past 36 months is "unmistakable evidence" of an internal difference of opinion.

S4A Plan: Banks want RBI to waive promoters personal guarantee, ask for fresh moratorium
Business

S4A Plan: Banks want RBI to waive promoters personal guarantee, ask for fresh moratorium

Bankers said many of the companies are into stress for the reasons beyond their control and so the promoters may find it difficult to pledge their personal guarantees

RBI tightens lending norms for 'non-cooperative' borrowers
Economy

RBI tightens lending norms for 'non-cooperative' borrowers

Those having ability to pay but still defaulting and thwarting lenders efforts for recovery of their dues by hiding information would be classified as non-cooperative borrowers, RBI said today.

RBI permits flexible refinancing of existing infra projects
Economy

RBI permits flexible refinancing of existing infra projects

The RBI has allowed banks to refinance existing long-gestation projects in the infrastructure segment under flexible conditions, including that of core sector projects, to offer more flexibility to fund such projects.

It's time India Inc stops blaming Rajan and RBI for everything
Economy

It's time India Inc stops blaming Rajan and RBI for everything

RBI should not be blamed for everything that goes wrong with the economy

RBI norms on NBFC lending against shares will curb shady stock trades
Economy

RBI norms on NBFC lending against shares will curb shady stock trades

The Reserve Bank of India has finally woken up to the problem of 'unofficial margin trading' in the stock market, by restricting the amount that ( non-banking financial corporations ( NBFCs) can lend against shares, and also calling for more disclosures on those loans.<br />

Sebi tightens takeover norms to protect investor interests
Investing

Sebi tightens takeover norms to protect investor interests

Sebi said price offered to public shareholders and the price for preferential allotment would need to be decided on basis of the prevailing market price on the earliest date when the co's board approves the transaction