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Fortis Healthcare board

Fortis EGM on Aug 13 to seek shareholders nod for stake sale to IHH

IHH Healthcare is expected to shell out a total of Rs 7,300 crore to acquire 57.1 per cent stake.

19 July 2018 6:31 PM IST

Shares of Piramal Enterprises were trading 0.27 per cent higher at Rs 2,074 apiece on BSE.

Piramal Ent seeks shareholders' nod to raise Rs 1,750 cr from Canadian...

As part of the agreement, Piramal Enterprises will issue and allot 1,15,894 CCDs at a face value of Rs 1.51 lakh.

30 Oct 2019 1:05 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.

NCLAT declines plea of Essar Steel operational creditor

NCLAT declined the plea of an operational creditor of debt-ridden Essar Steel seeking recovery worth Rs 800 crore.

30 Jan 2019 12:24 PM IST

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Vodafone Idea to raise Rs 25,000 crore via rights issue

The board has authorised the Capital Raising Committee to decide the nuances of the Rights Issue.

23 Jan 2019 5:51 PM IST

Reliance Group Chairman, Anil Ambani (Photo: File)

NCLAT to hear contempt plea against Anil Ambani on Feb 25

On January 2, NCLAT had disposed of the contempt plea filed by HSBC Daisy on technical ground.

22 Jan 2019 1:51 PM IST

Sun Pharma replaces domestic formulations distributor with its own...

The company also announced unwinding of a transaction amounting to Rs 2,238 crore with Atlas Global Trading.

22 Jan 2019 11:21 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

LIC completes acquisition of 51 per cent stake in IDBI Bank

The bank had reported a net loss of Rs 3,602.49 crore during the September quarter of 2018-19.

21 Jan 2019 1:03 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

22 per cent shareholders exit IDBI after LIC makes open offer

The open offer for 2,04,15,12,929 shares was made last month at a price of Rs 61.73 per share.

14 Jan 2019 10:11 AM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Jet Airways proposes late debt repayments to creditors: document

Jet met with lenders, lessors and vendors in India on Tuesday to discuss its financial situation and a debt-repayment...

10 Jan 2019 1:23 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Jet Airways shares fall 3 pc on reports of SBI mulling moving NCLT...

Shareholders of Jet Airways had approved conversion of loan into shares and other proposals during the extraordinary...

25 Feb 2019 3:30 PM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.

Wipro shareholders approve bonus issue, increase in authorised share...

The company's authorised share capital stands increased from Rs 1,126.50 crore to Rs 2,526.50 crore.

24 Feb 2019 3:47 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Lessors doubt Jet Airways rescue plan, pull out more planes: sources

Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

21 Feb 2019 3:18 PM IST