Board Of Directors | The Asian Age

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Tata Sons and Jet Airways did not immediately respond to a request seeking comment outside regular business hours. (Photo: AFP/File)

Tatas to go slow on deal to acquire debt-laden Jet Airways: reports

Directors are asking for more details on the deal at the next board meeting, expected in the third week of Dec.

20 Nov 2018 11:17 AM

Tata Sons board is meeting tomorrow to consider the proposal to bid for Jet Airways. (Photo: AFP/File)

Tata Sons board may meet on Friday to decide on Jet Airways takeover

The airline also putting as many as six of its Boeing 777s on sale to part-fund liquidity.

15 Nov 2018 6:02 PM

IHH said the mandatory open offer for acquiring up to 26 per cent stake from existing shareholders of Fortis would be completed in due course.

IHH assumes control of Fortis, board approves Rs 4,000 cr preferential allotment

The board also approved the appointment of four IHH nominees on Fortis board.

14 Nov 2018 10:48 AM

Binny Bansal quit as Chairman and Group CEO of Flipkart on Tuesday.

Stunned Bansal denies charges, will remain on Flipkart board

Binny Bansal has strongly refuted the allegations of “serious personal misconduct.

14 Nov 2018 10:39 AM

Board approved increasing authorized capital of the bank from Rs 8,000 crore to Rs 15,000 crore.

IDBI board approves issuance of preferential shares to LIC

The government has already approved the proposal of LIC to increase the stake in IDBI Bank.

04 Oct 2018 3:03 PM

Private sector lender Yes Bank on Monday said the bank is fully geared up for the succession plan for the post of its MD and CEO and it will finalise two external experts for search committee by October 7.

Fully geared up for succession plan, says Yes Bank

The RBI had last month curtailed the three-year term that Yes Bank's board had sought for its MD and CEO Rana Kapoor.

01 Oct 2018 1:23 PM

IDBI Bank said it has received a letter from LIC conveying approval of their Board of Directors for subscribing to the equity capital of the bank.

IDBI board to consider allotment of 51 pc shares to LIC on Oct 4

IDBI Bank's scrip closed at Rs 50 on BSE, up 0.40 per cent.

28 Sep 2018 6:11 PM

Shareholders sought clarity on the charges levelled against Chanda Kochhar and questioned ICICI Bank’s decision.

How Kochhar got clean chit in 15 minutes, asks shareholder

The bank’s shareholders also sought stern action from the bank on any misdoings on the part of Kochhar.

13 Sep 2018 9:52 AM

ICICI Bank’s beleaguered Chanda Kochhar on the board.

Chanda Kochhar on board of ICICI Securities

According to an NSE filing, 366 members cast votes. While 259 voted in favour of Kochhar, 83 voted against and 24 abstained.

31 Aug 2018 9:28 AM

Jet had told staff this month it was running out of money. (Photo: AFP/File)

Jet Airways board to consider cost cutting measures in Aug 27 meeting

The Corporate Affairs Ministry has sought clarifications from the auditors of Jet Airways.

23 Aug 2018 9:15 AM

ICICI Bank’s tier-I capital adequacy ratio stood at 15.92 per cent and the total capital adequacy at 18.42 per cent by end-March 2018.

ICICI Bank chairman assures of priority to governance practices

ICICII Bank registered its first ever loss in more than a decade at Rs 120 crore in the first quarter.

03 Aug 2018 8:29 AM

Newly-appointed board of Fortis Healthcare, which is in the process of finding an investor, has again deferred approval of quarterly and annual financial results for the period ended March 31, 2018, saying the issue requires more deliberation.

Fortis board meeting to reconvene today for considering financial results

Fortis said the board meeting commenced at 1600 hours on June 25 and was adjourned at 0215 hours on June 26.

26 Jun 2018 12:40 PM

Bhushan Steel Ltd (BSL) said on Friday that it has appointed two new officials on the board of the company.

Bhushan Steel appoints 2 additional directors on board

The entire BSL management was changed last month after Tata Steel took control of the company.

08 Jun 2018 5:45 PM

Amazon Board of Directors has adopted a policy that the Nominating and Corporate Governance Committee include a slate of diverse candidates. (Photo: AFP)

Amazon adopts new policy to promote board diversity

Amazon’s board has 10 board members, all of whom are white, including three women.

15 May 2018 8:42 AM

Company is evaluating the same and the same shall be placed before the Board of Directors in due course.

Group of shareholders seek removal of 4 directors: Fortis

Fortis stock was trading 1.28 per cent up at Rs 146.45 on BSE.

19 Apr 2018 2:21 PM

IHH, one of Asia’s largest healthcare operators, offered to buy Fortis last week at a price that values the hospitals chain at about $1.3 billion

Malaysia's IHH says Fortis board declines to engage on takeover offer

Some of Fortis’s minority shareholders are dissatisfied with the Manipal offer.

16 Apr 2018 12:17 PM

Chanda Kochhar's term as CEO ends on March 31st, 2019.

ICICI Bank board divided over CEO Chanda Kochhar: report

India's second largest private sector bank are opposing Chanda Kochhar's term extension.

09 Apr 2018 12:16 PM

The remaining FHL will be an investment holding company with 36.6 per cent stake in SRL.

Fortis board approves demerger of its hospital business

The Board has also approved sale of its 20 per cent stake in SRL Ltd to Manipal Hospitals.

28 Mar 2018 10:20 AM

Board of Directors of Idea approved issuance of about 326.6 million equity shares, face value of Rs 10 per share, at a price of Rs 99.50 per share.

Idea Cellular to raise Rs 3,250 cr from promoter group

Idea will also explore potential monetisation of company's 11.15 per cent stake in Indus Towers.

04 Jan 2018 3:50 PM

Two companies had, in 2017, announced they will combine the operations to create the country's largest telecom operator worth over USD 23 billion.

Idea Cellular board to meet over fund-raising plans on Jan 4

Merger between Vodafone India and Idea Cellular is expected to be completed this year.

02 Jan 2018 10:22 AM

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Sunil Gatade