Coal India may announce 20-25% additional dividend for shareholders on 14 June
• 4 years agoThe board will try declaring another round of dividend but it is expected to be less than two interim dividends of Rs 7.5 and Rs 5 on each share of Rs 10 each, sources said
Tata Group's retail subsidiary Trent to raise up to Rs 1,550 cr for expansion plans; shares rise by 1.41%
• 6 years agoTrent said the total amount to be raised from the issuance of shares to the promoter is about Rs 950 crore.
Govt to infuse Rs 5,042-crore capital into Bank of Baroda ahead of Dena Bank, Vijaya Bank merger
• 6 years agoThe 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
• 6 years agoIt 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
Fp Staff • 6 years agoJet 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
• 6 years agoAshok 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
• 6 years agoIn 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
TCS' 'landmark quarter' vs Infosys' 'blockbuster quarter': Q2 earnings analysis in six charts
Kishork123 • 6 years agoBoth, TCS and Infosys managed to post bottomline figures that were in-line with analysts' estimates.
LIC yet to seek open offer exemption for state-run IDBI takeover, says Sebi chairman Ajay Tyagi
• 6 years agoLIC 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
• 6 years agoIn the event of failure of the delisting offer, SEBI has issued a framework for acquirers to fulfil the open offer obligations.