Tata Group's retail subsidiary Trent to raise up to Rs 1,550 cr for expansion plans; shares rise by 1.41%
Trent said the total amount to be raised from the issuance of shares to the promoter is about Rs 950 crore.
The government in September last year had announced merger of Vijaya Bank and Dena Bank with Bank of Baroda, aiming to create the third-largest lender after SBI and ICICI Bank
Naresh Goyal seeks Rs 750-cr lifeline from equity partner Etihad, warns delay may ground Jet Airways
It can be noted that Etihad board is meeting in Abu Dhabi on Monday to discuss the resolution plan for Jet Airways in which it owns 24 percent stake since April 2014.
Jet Airways' bailout plan runs into rough weather as partner Etihad puts up conditions to support resolution
Jet Airways managed to get votes of 98 percent of shareholders at the EGM for various proposals including allowing lenders to convert debt to equity, said the report.
DLF group CFO Saurabh Chawla resigns, Ashok Kumar Tyagi to take over; firm seeks shareholders' nod to launch QIP
Ashok Kumar Tyagi, the company's whole-time director, would be the new group chief financial officer, DLF said in a filing to the BSE
Govt plans to tighten rule for auditors after instances of misdeeds; to bolster corporate governance framework
In recent times, some auditing entities as well as auditors have come under the regulatory lens in connection with alleged misdoings at companies as well as for quitting audit work of corporates on various grounds
Both, TCS and Infosys managed to post bottomline figures that were in-line with analysts' estimates.
LIC received Irdai approval to hold 51 percent stake in the bank in June on the condition that the insurer will gradually bring its stake in the bank down after a few years.
Sebi bans fugitive economic offender from making open offer; move to prevent individual from taking control of listed firm
In the event of failure of the delisting offer, SEBI has issued a framework for acquirers to fulfil the open offer obligations.
NCLAT declines to turn Tata Sons into a private company, says Cyrus Mistry can't be forced to sell stake
NCLAT on Friday asked Tata Sons not to force Cyrus Mistry to sell his shares in the company till his appeal is pending, refuses to make Tata Sons a private comapny
What Musk has to say about SpaceX, its shareholders, valuation, customers and NASA
TCS vs Infosys: While Tata gem beat analysts' estimates on all parameters, latter's profit misses forecast; analysis in 6 charts
Both TCS and Infosys logged declines in operating profit margin for the June quarter.
In a 368-page order, which was made public on Thursday, the bench also said that Mistry's wrong assumption that he had a free hand to run the affairs of the Tata Group perhaps caused all the problems and that Tata Sons board was 'competent' to remove its chairman.
Cyrus Mistry-Tatas feud: Moot point is minority shareholders' rights; everything else is secondary to that, opine experts
The Mistry-Tatas feud will be tracked closely by analysts and the industry, who expect the row to spawn a new framework that will drive corporate boards.
Reliance AGM: Mukesh Ambani's tech ambitions will see RIL provide broadband via Jio GigaFiber nationwide
Reliance Industries boss Mukesh Ambani said that Jio has enabled RIL to strategically reinvent itself as a technology platform company
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.
Delivery Hero has grown rapidly and now employs over 6,000 people, providing a digital platform to order meals from 150,000 restaurants in 40 countries.
Reliance Communications has received 99.99 percent shareholders approval for the merger of its wireless business with Aircel.
Twitter shareholders want to turn the micro-blogging site into a user-led cooperative, following a petition by a group of company fans urging it to sell itself to its users.
Indian online retailer Snapdeal is looking to raise just over $100 million from existing shareholders including Japan's SoftBank and new investors, its chief financial officer said.