Ahmedabad (Gujarat) [India], Feb 11 (ANI): Adani Transmission Ltd (ATL) said on Tuesday that Qatar Investment Authority (QIA) has completed the acquisition of 25.1 per cent stake in Adani Electricity Mumbai Ltd (AEML) from ATL along with an investment in shareholder subordinated debt in AEML
New Delhi [India], Jan 21 (ANI): Professional services provider KPMG said on Tuesday the Union Budget 2020 may see a reduction in dividend distribution tax or bring about a change in the manner of dividend taxation in order to make it a shareholder-level tax.
New Delhi [India], Jan 5 (ANI): Cyrus Mistry on Sunday said that he will not be pursuing the executive chairmanship of Tata Sons or directorship of TCS, Tata Teleservices or Tata Industries, but "will, however, vigorously pursue all options to protect our rights as a minority shareholder."
Ahmedabad (Gujarat) [India], Jan 3 (ANI): Adani Ports and Special Economic Zone Limited (APSEZ), the logistics arm of the Adani group will be acquiring a controlling stake of 75 per cent from the existing shareholders of Krishnapatnam Port Company Ltd (KPCL).
New Delhi [India], Dec 18 (ANI): Cyrus Pallonji Mistry on Wednesday termed the judgment of the National Company Law Appellate Tribunal (NCLAT) to restore him as Executive Chairman of Tata Sons Limited as the victory for the principles of good governance and minority shareholder rights.
Ahmedabad (Gujarat) [India], Dec 11 (ANI): Adani Transmission Ltd (ATL), Adani Electricity Mumbai Ltd (AEML) and a subsidiary of Qatar Investment Authority (QIA) have signed definitive agreements for the sale of a 25.1 per cent stake in AEML to QIA and for a shareholder subordinated debt inv
New Delhi, [India], Nov 25 (ANI): One97 Communications Ltd, the parent of digital payments company Paytm, said on Monday it has raised the latest equity fundraise from a group of investors including existing shareholders like Ant Financial, Softbank Vision Fund and new investors including fu
Mumbai (Maharashtra) [India], Nov 18 (ANI): Asian Oilfield Services has entered into a share purchase agreement for the acquisition of 51 per cent of equity share capital in Optimum Oil and Gas from its existing shareholder.
Hyderabad (Telangana) [India], Nov 15 (ANI): Engineering products and solutions company Pennar Industries on Friday said its board of directors has approved buyback of fully paid-up equity shares of face value of Rs 5 at a price not exceeding Rs 45 per equity share for an aggregate amount no
New Delhi [India] Nov 6 (ANI/NewsVoir): Max India Limited, a listed entity of the USD 3.2 billion Max Group, announced today that the shareholders of the company, in NCLT convened meeting, approved the composite scheme involving merger of healthcare assets of Max India into Max Healthcare
Mumbai (Maharashtra) [India], Oct 7 (ANI): Nippon Life Insurance Company on Monday announced the integration of Nippon India Mutual Fund (erstwhile Reliance Mutual Fund) into its global unified asset management fold by becoming the single largest shareholder in the company.
New Delhi [India], Sep 30 (ANI): Civil engineering major MBL Infrastructures said on Monday that its shareholders have approved an enabling resolution for raising of funds up to Rs 300 crore by way of public issue or private placement, including through a qualified institutions placement.