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L&T to seek shareholders' nod to buyback shares worth up to Rs 9,000...

Notice is hereby given to seek approval of the shareholders for buyback of equity shares.

31 Aug 2018 5:20 PM IST

Chanda Kochhar, MD & CEO of ICICI Bank

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...

31 Aug 2018 9:28 AM IST

The sun shines off the rear deck of a roadster on a Tesla dealers lot in the south Denver suburb of Littleton, Colo. (AP Photo/David Zalubowski, File)

Tesla CEO Musk drops pursuit of USD 72 billion take-private deal

The decision leaves Tesla as a publicly listed company but raises new questions about its future.

25 Aug 2018 11:03 AM IST

A man who had ghosted his girlfriend decades before comes to work to find out she is his new boss (Photo: Pixabay)

Overconfident CEOs more likely to get fired

Study finds that overconfident CEOs are 33 per cent more likely to get sued by shareholders than CEOs with normal...

3 Sept 2018 8:54 AM IST

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

LIC board decides modalities, timeline for stake hike in IDBI Bank

LIC is in the process of picking up additional 7 per cent stake in IDBI Bank through preference shares.

4 Sept 2018 1:49 PM IST

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 Sept 2018 9:52 AM IST

HCL technologies

HCL Tech's Rs 4,000 crore buyback offer to commence on September 18

The company's shareholders had last month approved the buyback proposal.

11 Sept 2018 3:34 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

LIC, Orix, SBI to subscribe to Rs 4,500 crore IL&FS rights issue

The announcement came at the annual general meeting (AGM) of the company that has been defaulting on debt obligations.

29 Sept 2018 1:46 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.

RBI clamps down on Bandhan Bank over owner's stake

Bandhan Bank is taking necessary steps to comply with licensing condition to bring down its main shareholder's stake to...

29 Sept 2018 11:00 AM IST

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

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 Sept 2018 6:11 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 to hold annual general meeting on Sep 11

Shares of Jet Airways declined nearly 2 per cent to close at Rs 579.95 on the BSE.

19 Aug 2017 12:53 PM IST

On November 18, Infosys had said it has invested DKK 149,20,000 (about Rs 14.49 crore) in UNSILO, a Danish artificial intelligence startup focused on advanced text analysis.

No change in buyback plans, says Infosys

Share buybacks typically improve earnings per share and return surplus cash to shareholders.

18 Aug 2017 4:27 PM IST