Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «shareholders»

14 January, 2019 6:16 AM Buy Bharat Electronics, says Sumit Bilgaiyan

Bharat Electronics designs, manufactures, supplies, and exports electronic equipment and systems for the defense and civilian markets. It has reported excellent results for Q2FY19. Sales grew by 36.7 percent YoY to Rs 3381.41 crore while EBITDA grew by 44.1Â percent to Rs 854.44 crore and PAT increased by 38.5 percent to Rs571.31 crore as against Rs 412.4 crore 63

9 January, 2019 2:14 PM NMDC board approves Rs 1,000 crore buyback plan

The finance ministry on January 8 approved the miner's buyback plan. State-run iron ore producer NMDC on January 9, said its board has approved a Rs 1,000-crore share buyback plan. It will buy back 10.20 crore shares at Rs 98 apiece from shareholders, the company stated in a BSE filing. "...the board approves the buyback by the company of its fully paid-up 53

8 January, 2019 3:35 PM Infosys Board To Consider Share Buyback, Special Dividend

Software major Infosys will buy back its shares again and pay special dividend to its shareholders for this fiscal (2018-19), said the company on Tuesday. "The company's Board of Directors will consider buyback of its paid-up equity shares, payment of special dividend and implementation of the capital allocation policy at its meeting on January 11," said the city-based 77

8 January, 2019 1:02 PM Infosys to discuss share buyback, special dividend at January 11 board meet

India's second largest IT services firm Infosys said its board will consider a buyback programme and payment of special dividend, among other proposals, at its meeting on January 11. "...the board of the company will consider proposal(s), including but not limited to, buyback of fully paid-up equity shares of the company, payment of special dividend 57

8 January, 2019 4:17 AM Bandhan Bank, Gruh Finance fall 4-10% post merger deal

Shares of Bandhan Bank fell about 4 percent in morning trade on January 8, a day after its board approved a proposal to acquire housing finance firm Gruh Finance through a share swap deal. Gruh Finance was down by over 10 percent. Gruh Finance, promoted by the country's largest mortgage firm HDFC Ltd, is into the financing of affordable housing segment 70

6 January, 2019 11:30 AM Amit Shah attacks Rahul Gandhi over court order in National Herald case

BJP president Amit Shah attacked Congress chief Rahul Gandhi on January 6 over a court order asking the publishers of the National Herald newspaper to vacate a premises in the national capital, saying those appropriating public property should not target Prime Minister Narendra Modi. Shah said while Gandhi's entire family lineage was "mired in corruption" 190

3 January, 2019 2:11 PM Drugmaker Bristol-Myers to buy Celgene for $74 billion

Bristol-Myers Squibb said on January 3 it would buy Celgene Corp for about $74 billion in a cash-and-stock deal, creating a powerhouse that will have several blockbuster cancer drugs. The combined company will have nine products with more than $1 billion in annual sales and significant potential for growth in oncology, immunology and inflammation and cardiovascular 54

3 January, 2019 6:26 AM Dena Bank, Vijaya Bank Shares Fall After Announcement Of Swap Ratios For Merger

Under the merger plan, Bank of Baroda said it would issue 110 shares of Rs 2 each for every 1,000 shares of Dena Bank worth Rs 10 each. Shares of state-run Dena Bank and Vijaya Bank plunged on Thursday after the Cabinet approved their merger with Bank of Baroda late on Wednesday, in an attempt to clean up the country's banking system. Under the merger 60

2 January, 2019 12:17 PM BoB finalises share swap ratio for merger of Vijaya Bank, Dena Bank

New Delhi: Bank of Baroda (BoB) Wednesday finalised the share swap ratio for merger of Vijaya Bank and Dena Bank with itself. As per the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held. In case of Dena Bank, its shareholders will get 110 shares for every 1,000 shares of BoB. The government 50

1 January, 2019 6:39 AM Bank of Maharashtra, UCO Bank, Central Bank rally 2-15% on capital infusion from government

Bank of Maharashtra and Central Bank of India on Monday said they had received the equity capital of Rs 4,498 crore and Rs 1,678 crore respectively on December 31, 2018 and same will be kept in Share Application Money A/c till all allotment formalities are completed. Banks will take all necessary approvals/ permissions from shareholders/ regulatory authorities 64