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1-10 results from 1000 for query «shareholders»

16 November, 2018 9:51 AM GVK Power and Infrastructure gets shareholders' nod to raise Rs 8,000 cr

GVK Power and Infrastructure on Friday said that it has got shareholders' approval to raise up to Rs 8,000 crore. The resolution to raise the funds, by a combination of various options listed on the agenda of the annual general meeting (AGM) held on Wednesday, has been passed by the requisite majority, the firm stated in a BSE filing on Friday. The company 55

15 November, 2018 5:00 AM Vodafone Idea Reports Net Loss in Maiden Quarterly Earnings

Vodafone Idea on Wednesday reported a consolidated net loss of Rs 4,973.8 crore for the July-September quarter. The company, in its maiden quarterly result after the merger of Vodafone India and Idea Cellular, reported a total income of Rs 7,878.6 crore during the second quarter of the current fiscal year ending March. The second-quarter earnings include 51

13 November, 2018 1:43 PM Zee Entertainment promoters to sell up to 50% stake to strategic partner

The promoters plan to pursue disruptive technological development and transform the business into tech-media by divesting the stake. The promoters of Zee Entertainment Enterprises will sell up to 50 percent of their stake in the company to a strategic partner. In a filing with the exchange, the promoters cited plans "to pursue disruptive technological 53

13 November, 2018 9:02 AM Union Bank board okays proposal to raise up to Rs 600 cr by issuing shares to staff under ESPS

The board of Union Bank of India has cleared a proposal to raise up to Rs 600 crore by issuing shares to its staff under the employee share purchase scheme. The proposal was approved in a board meeting on Monday, the bank said in a regulatory filing. The bank proposes to raise capital through issuance of shares worth up to Rs 600 crore in one or more tranches 88

10 November, 2018 1:35 PM Shareholders of Bharat Financial will meet over merger with IndusInd Bank next month

Bharat Financial Inclusion Ltd (BFIL) on Saturday said its shareholders' meeting will be held on December 11 to approve the merger of the microfinance company with IndusInd Bank. In accordance with the NCLT order, meeting of the equity shareholders and secured creditors of BFIL is scheduled on December 11, 2018, the company said in a regulatory filing 56

2 November, 2018 9:18 AM Mastercard lodged US protest over Modi's promotion of Indian card network RuPay

New Delhi: Mastercard told the United States government in June that Prime Minister Narendra Modi was using nationalism to promote the use of a domestic payments network RuPay, and New Delhi`s protectionist policies were hurting foreign payment companies, a document seen by Reuters showed. Modi has in recent years backed India`s homegrown payments network 78

31 October, 2018 10:29 AM Tata Teleservices, IDFC offers to sell stake in ATC's Indian mobile tower arm for Rs 2,940 cr

Tata Teleservices has offered to sell half of its stake and IDFC its entire stake in mobile tower company ATC TIPL to majority shareholder American Tower Corporation (ATC) for Rs 2,940 crore. Tata Teleservices Ltd (TTL) has also offered to pay USD 320 million or about Rs 2,360 crore to ATC Telecom Infrastructure Pvt Ltd (ATC TIPL) for termination of lease 89

31 October, 2018 7:12 AM Tide Water Oil surges 20% as board to mull voluntary delisting from Calcutta Stock Exchange

Tide Water Oil said directors at its 319th board meeting scheduled to be held on November 12 will consider the unaudited financial results of the company for the quarter and half year ended September 2018. Tide Water Oil shares rallied as much as 20 percent intraday Wednesday ahead of board meeting to consider voluntary delisting from Calcutta Stock 59

30 October, 2018 3:12 AM RBI clears re-appointment of Aditya Puri as CEO of HDFC Bank for 2 years

Private sector HDFC Bank on Monday said the RBI has approved re-appointment of Aditya Puri as managing director of the bank for another two years. "Reserve Bank of India, vide its letter dated October 22, 2018, has accorded its approval to HDFC Bank Ltd. for re-appointment of Aditya Puri, as MD & CEO of the bank, from November 1, 2018 to October 26, 2020 (i.e. till the date of his attaining 62

29 October, 2018 11:15 AM Century Textiles Q2 net profit jumps 3-fold to Rs 156 crore

Century Textiles & Industries (CTIL) today reported nearly three-fold jump in its standalone net profit of Rs 156.52 crore for the second quarter ended September 30. The company, which has received shareholder's nod to to sell its cement assets to Ultratech on October 24, had posted a net profit of Rs 52.78 crore in the July-September quarter a year ago, CTIL said in a BSE filing 55