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With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel shareholders approve waiver in recovery of excess pay to Mittal

Total remuneration paid to Mittal was about Rs 31 crore, while Vittal was paid Rs 20.9 crore.

17 Aug 2019 10:35 AM IST

SBI chairman Rajnish Kumar assured shareholders that the likely job cuts and salary reductions in the wake of COVID-19 pandemic. (PTI Photo)

Job cuts, salary reductions to have 'relatively low level' of stress...

As of now, only 21.8 per cent of the customers have availed the benefit of moratorium

22 Jun 2020 9:18 AM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Malaysia's IHH Healthcare extends validity of revised offer for Fortis

Fortis' board of directors is scheduled to meet on May 30 to consider and approve the audited financial results.

25 May 2018 3:49 PM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Bandhan Bank to launch up to USD 689 million IPO next week

In the IPO, Bandhan bank will sell up to 97.7 million new shares.

8 March 2018 1:21 PM IST

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

RCom appeals in Bombay HC to protect lenders' interest

Lenders of RCom have invoked strategic debt restructuring' programme to recover dues from the company.

7 March 2018 12:51 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

BoB shareholders to meet next month to consider capital raise under...

Out of the total capital raising plan for 2018-19, the bank's board has decided to issue up to 10 crore shares.

26 Dec 2018 3:02 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Two more Fortis directors quit ahead of crucial EGM

Fortis said Singh, who is also Chairman Emeritus of the company, has resigned as a non-executive director with effect...

21 May 2018 1:57 PM IST

Amazon shares soared Thursday after the Internet giant reported earnings that topped expectations. (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 IST

Fitch will no longer provide ratings or analytical coverage for RCom.

India's RCom gets bondholders' nod for asset sale

RCom last week had moved the SC in a desperate attempt to complete asset sale and to also avoid going to NCLT.

21 March 2018 2:23 PM IST

Fortis last week to Rs 155 per share by valuing the hospital business higher at Rs 6,061 crore, from Rs 5,003 crore initially.

Fortis shareholders approve acquisition of RHT Health Trust assets

In February, Fortis Healthcare had entered into definitive agreements to acquire entire portfolio of assets.

5 May 2018 5:44 PM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

TCS to consider share buyback on June 15

TCS returned Rs 26,800 crore to shareholders in both dividends and the buyback.

13 Jun 2018 9:43 AM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

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.

3 Aug 2018 8:29 AM IST