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Newly listed stocks in focus
Company backed by yoga guru Baba Ramdev failed to meet Sebi's public shareholding rule within deadline
The lawsuit is the first among many that can be filed over the collapse of the bank and takes on Silicon Valley Bank's parent company, CEO Greg Becker, and CFO Daniel Beck
A preliminary tally of the votes showed that the four measures Apple supported, including its board slate and compensation, were approved Friday
Such rights are against the fundamental principles of corporate governance and shareholder democracy, according to the regulator
Power trading solutions provider PTC India on Monday said its shareholders have approved a final dividend of Rs 5.80 per equity share for 2021-22. This final dividend is in addition to the interim dividend of Rs 2 per equity share, a company statement said. The shareholders during the annual general meeting (AGM) on December 30, 2022 approved the final dividend in addition to the interim dividend, making it the highest-ever dividend declared by the company, it said. "We are also exploring opportunities in emerging areas of Green Hydrogen, Battery Energy Storage Systems through collaborations with global technology companies," Rajib K Mishra, CMD (additional charge), PTC India said. Meanwhile, the consolidated profits for the year ending March, 2022 grew by 21 per cent. The consolidated PAT (profit after tax) increased to Rs 552 crore for FY22 compared to Rs 458 crore in FY21. The company also reported record volumes of 87.5 BU (billion units) during the financial year 2021-22, a .
Abu Dhabi's Emirates Telecommunications Group Co., also known as Etisalat, said it now owns 11% of Vodafone, up from 10% earlier
Kirloskar Industries, a key investor in KBL, had sought the audit over legal fees of Rs 70 crore incurred by the latter. An EGM to consider this issue will be held on Dec 8
The face value of each Adani Enterprises share would be Rs 1 each and the approval of the shareholders would be taken via postal ballot
Decision comes ahead of merger; RBI had halted move ahead of Aditya Puri's retirement
Conversely, Reliance Industries and Tata Consultancy Services saw the maximum FPI outflows at Rs 44,622 crore and Rs 17,838 crore, respectively
The offering would be aimed at helping employees and shareholders cash out, two of the sources said
Meituan said it would maintain its mutually beneficial business relationship with Tencent after the divestment, which comes as the Shenzhen-based tech giant shuts some unprofitable businesses
Tata Consumer Products will issue one equity share for every 22 share held in Tata Coffee to existing shareholders
The bank management and shareholders have reached compromise formulae on the issue of appointing the latter's representatives as directors on the bank's board
Policy loopholes are encouraging many promoters to exit their companies stealthily, raising the question: Should promoters be in control after pledging their shares?
Net profit cut in half, even as Zuckerberg seeks 'patience' from investors
Mop-up Rs 2,867 cr in CY22, as against Rs 25,335 cr in same period last yr
The shareholders seek to suspend powers exercised by CEO Shivan JK in respect of all capital and revenue expenditure, except statutory payments such as salaries and wages
Through another resolution, the shareholders are also seeking a settlement on the issue of a legal battle with some shareholders regarding board positions.