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TCI FUND MANAGEMENT
TCI, Walmart Foundation launch hub for Farmer Producer OrganizationsA critical part of the Hub is TCI’s database for Indian FPOs, a new platform that brings together information on thousands of FPOs to facil...
With $ 1 million grant from the Walmart Foundation, TCI launches FPO Hub, a database of Indian FPOsFarmers have formed FPOs since the early 2000s. Though interest promoting FPOs is high among philanthropic actors, corporations, and the go...
IDFC Premier Equity Fund buys 3.17% stake in Transport Corporation of IndiaTransport Corporation of India (TCI) raised Rs. 59.76 crore by allotting 24 lakh shares to IDFC Premier Equity Fund at an issue price of Rs...
TCI may exit Coal India completely, criticised for not giving emphasis to shareholder valueTCI held 63.6 million shares representing a 1.01% stake in Kolkata-based Coal India as of March 2013, according to information on the BSE w...
Will UK power couple Christopher & Jamie Cooper-Hohn's divorce impact charity in India?Hohn's lawyer claimed she is entitled to about a quarter of his stake in hedge-fund management cos of TCI, which he valued at about $100 mn...
NTPC-CIL dispute: TCI seeks removal of Coal India CMDTCI, the biggest foreign investor in CIL, today asked its directors to take steps for the removal of their CMD, to enhance efficiency.
- Coal India's CMD should be replaced, says UK-based TCI
UK-based hedge fund TCI said Coal India Chairman and Managing Director S Narsingh Rao should be replaced, stating his inability to take dec...
TCI plea to raise prices has no legal basis: Coal IndiaCIL says the allegations made by TCI, a shareholder, are hypothetical and speculative which has no basis in fact or in law.
- Centre rejects TCI's charge of interfering with coal pricing
Justice Rajiv Shakdher today granted four weeks time to the hedge fund to file a rejoinder to Centre's reply to its petition and fixed the ...
High Court gives The Children's Investment Fund time to respond to Centre's reply on CIL issueIt has also alleged that the directors failed to take an appropriate stand against the draft mining bill and alleged failure to stop theft ...
- Coal India board likely to discuss The Children's Investment Fund Management issue tomorrow
CIL likely to discuss in the board meeting tomorrow the issue of lawsuit filed by The Children's Investment Fund Management of the UK again...
TCI sues CIL directors for causing Rs 2.15 lakh crore loss to the companyTCI estimates that, by the end of current financial year, CIL will lose over Rs 8,700 crore in pre-tax profits due to reversal of price inc...
- Fuel pact on CIL means $19 billion subsidy to private companies: TCI
CIL alleged that directing the coal PSU to sign fuel supply pacts with power producers would amount to direct transfer of $19 bn to pvt sec...
- UK fund TCI makes final exit as other FIIs cut India exposure
Tight liquidity conditions and a hazy outlook for global financial markets is prompting foreign institutional investors to trim their expos...
- TCI, largest seller of Indian equities among FIIs
The Children’s Fund, the activist hedge fund, has emerged as the biggest seller of Indian equities among all institutional investors.
- TCI has brought many cos to heel earlier too
The scheme was attacked by investor funds on grounds that it was skewed against minority shareholders.
- TCI to sell 10% stake to fund growth plans
TCI, one of India’s largest logistics operators, is all set to dilute promoter holding by about 10% to raise capital for its expansion plan.
- Shareholder seeks fair play in ABN’s bid for Barclays
ABN Amro Holding’s refusal to meet with rival bidders to Barclays before next week is “disingenuous and disadvantageous for shareholders,” ...
- Funds throw weight in M&As
The potential merger of British bank Barclays and Dutch group ABN AMRO reflects the rising influence of investment funds in European corpor...
- Thomas Cook acquires Travel Corp for Rs 182.5 cr
Travel and forex major Thomas Cook India (TCIL) on Friday announced two acqusitions in the travel and visa services space.