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BluSmart allegations will erode investor trust, warns former BSE chairman S RaviFormer BSE chairman S Ravi warned that mishaps like Gensol could shake the confidence of investors in the new ventures and tarnish the cred...- NCLT sees surge in voluntary liquidation as promoters seeking clean slateVoluntary liquidation is becoming a preferred choice for promoters to close unviable businesses and avoid losses and compliance costs. Most...
- Grasim promotor Birla Group hikes stake by 4.09% to 23.18% in companyThere has been no change in the promoter/promoter group's total holding in the company, which remains at 43.06%. Shares of Grasim Industrie...
- Wockhardt shareholders reject proposal to raise Rs 1,600 crore from promotorIiAS said the proposed related party transaction with KHIPL was intended for borrowing of funds for an amount up to Rs 1,600 crore for a pe...
- UPL to sell 49.98% stake in subsidiary ANSL to Nerka ChemicalsUPL, in a regulatory filing, said it will offload the stake for a consideration of Rs 1.75 crore and the deal is expected to be completed b...
- Marico Ltd. shares rise 0.83% as Sensex climbsA total of 64,470 shares changed hands on the counter till 01:28PM (IST)
- Religare funds scam: HC seeks Shivinder Singh's reply on plea challenging his bailThe matter came up before Justice Anu Malhotra who asked Shivinder's counsel to respond to the plea by complainant Religare Finvest Ltd (RF...
- SC stays order allowing MBL Infra promoter to take over ailing coActing on a plea by banks led by BoB, IDBI and SBI, a bench comprising Justices Arun Mishra and Surya Kant stayed the NCLAT order of August...
- Will dilution of promoter stake to 65% be good for the market? 4 experts weigh inThe new proposal, if implemented in a calibrated manner, is good news for investors and lenders.
- ACE shares surge 10% after promoters raise stakePromotors Sorab Agarwal (4,75,000 shares) and Mona Agarwal (5,00,000 shares) cumulatively acquired 9,75,000 shares of the company.
- Expect to close deals for 8 stressed power plants after SC verdict: PFC CMD Rajeev SharmaPower Finance Corp chairman Rajeev Sharma said the worst is over in terms of making provisions for stressed assets.
- NCLAT declines to stay Bhushan Steel sale to Tata Steel, issues noticesAn NCLAT bench issued notices to Tata Steel, the resolution professional and Committee of Creditors (CoC) of Bhushan Steel on a petition fi...
- NCLAT chairperson wonders how Bhushan owner got hearing in a dayNational Company Law Appellate Tribunal chairperson Justice SJ Mukhopadhaya raised a question on the applicant getting a hearing within a d...
- NCLAT to hear Bhushan Steel promoter's plea against Tata Steel takeoverSingal has sought a stay on the National Company Law Tribunal (NCLT) order approving Tata Steel's bid for the debt-ridden Bhushan Steel und...
- Promotors holding will stay at 55% in Aarti Industries: Rajendra Gogri, CMDthere may be some inventory gains in this quarter as far as benzene because benzene is our main raw material and that price had increased.
- Hindujas raise stake in Jaihind ProjectsHinduja group company Jaihind Projects today said its promoters have increased their shareholding in the company marginally by 0.36 per cen...
- Piem Hotels sells 27 lakh shares of Indian Hotels for Rs 21 crTata Sons bought 27 lakh shares of Indian Hotels at Rs 78.9 a piece amounting to a total of Rs 21.3 crore, according to information availab...
- Orissa Govt calls for a meeting of Russain and Indian Promoters over Titanium projectIn a bid to end the uncertainty over the setting up the first ever titanium project worth of about Rs 2000 crore, Orissa government has dec...
- Italy new car sales down 10.88% in JulyItalian new car registrations fell 10.88 percent to 190,889 units in July, according to government figures published on Friday. Registratio...
- AP Broadband project to commence next yearThe Andhra Pradesh's prestigious project "A P Broadband project" is likely to be ready by March next year.
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