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IDFC Bank on Wednesday said it has received RBIs approval for merger of Capital First, Capital First Home Finance and Capital First Securities with the company.

IDFC Bank to seek shareholders' nod next month for name change

The bank's board on January 13, 2018 had approved a composite scheme of amalgamation of Capital First.

30 Nov 2018 3:06 PM IST

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

New offer by Essar Steel promoters not maintainable'

Banks and other creditors have total debt exposure of close to Rs 49,000 crore in the company.

29 Nov 2018 11:02 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (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 IST

Fortis Healthcare board

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

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

14 Nov 2018 10:48 AM IST

NCLT to extend the moratorium so that legal action cant be taken by creditors against IL&FS or its 347 group entities.

Govt may nudge LIC, SBI to buy out IL&FS

LIC and ORIX Corporation of Japan are the largest shareholders in IL&FS having 25.34 per cent and 23.54 per cent stake...

12 Nov 2018 12:16 PM IST

Infosys CEO Salil Parekh

Infosys shareholders approve appointment of Salil Parekh as CEO, MD

Infosys had issued notice for seeking shareholders nod for both these appointments.

23 Feb 2018 12:15 PM IST

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)

Singtel to invest Rs 2,649 crore in Bharti Telecom

The fresh round of investment highlights the confidence of Singtel in Airtel.

5 Feb 2018 10:29 AM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.

CIL seeks stakeholders' views on new pricing policy

At present prices are computed based on grade policy.

30 April 2018 3:05 PM IST

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 April 2018 2:21 PM IST

This is part of Shells ongoing portfolio optimisation to transform Shell into a simpler company.

Shell sells 8.5 per cent stake in Mahanagar Gas

The sale of equity shares was done in the open market by way of a bulk deal on April 11.

13 April 2018 4:37 PM IST

As per the scheme, Dish TV shareholders would be owning 1,066.861 million existing shares or 55.4 per cent of Dish TV Videocon, with Vd2h shareholders owning 857.791 million new shares or 44.6 per cent.

Dish TV promoter cos offer to buy 26 pc stake for Rs 3,701 cr

Dish TV promoter entities announced an offer to acquire shares of Dish TV at a price of Rs 74 per share.

12 April 2018 11:13 AM IST

Vedanta Resources chairman Anil Agarwal.

Anil Agarwal given more time to make firm offer for Vedanta Resources

Volcan on July 2 that it planned to offer minority shareholders 825 pence a share to acquire the 33.5 per cent of...

31 July 2018 9:13 AM IST