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
The board also approved the appointment of four IHH nominees on Fortis board.
14 Nov 2018 10:48 AM
LIC and ORIX Corporation of Japan are the largest shareholders in IL&FS having 25.34 per cent and 23.54 per cent stake respectively.
12 Nov 2018 12:16 PM
ArcelorMittal has been chosen by lenders to takeover debt-laden Essar Steel for about Rs 42,000 crore.
26 Oct 2018 1:30 PM
The fresh offer for settlement by Essar Steel has been made under Section 12A of the IBC.
26 Oct 2018 10:15 AM
The CoC is empowered to consider and approve this Settlement Plan with the requisite voting share.
25 Oct 2018 5:43 PM
The resolution to raise the borrowing powers of the board from Rs 18,000 crore to Rs 25,000 crore was passed as a special resolution.
12 Oct 2018 6:28 PM
LIC came out with an open offer for acquiring 26 per cent equity in IDBI Bank at a price of Rs 61.73 per share.
05 Oct 2018 11:18 AM
The government has already approved the proposal of LIC to increase the stake in IDBI Bank.
04 Oct 2018 3:03 PM
Central Bank of India had 7.67 per cent stake in IL&FS at the end of March 2018.
03 Oct 2018 7:53 PM
The cancellation of the listing was confirmed at a final London shareholders’ meeting.
02 Oct 2018 9:06 AM
The announcement came at the annual general meeting (AGM) of the company that has been defaulting on debt obligations.
29 Sep 2018 1:46 PM
Bandhan Bank is taking necessary steps to comply with licensing condition to bring down its main shareholder's stake to 40 pc.
29 Sep 2018 11:00 AM
IDBI Bank's scrip closed at Rs 50 on BSE, up 0.40 per cent.
28 Sep 2018 6:11 PM
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
The company's shareholders had last month approved the buyback proposal.
11 Sep 2018 3:34 PM
LIC is in the process of picking up additional 7 per cent stake in IDBI Bank through preference shares.
04 Sep 2018 1:49 PM
Study finds that overconfident CEOs are 33 per cent more likely to get sued by shareholders than CEOs with normal confidence.
03 Sep 2018 8:54 AM
Notice is hereby given to seek approval of the shareholders for buyback of equity shares.
31 Aug 2018 5:20 PM
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