Life Insurance Corporation (LIC) holds 529.41 crore shares representing 49.24 per cent stake in IDBI Bank, while the government holds 488.99 crore shares or 45.48 per cent stake.
Coal India Ltd is expected to reward its shareholders with an additional final dividend of 20-25 per cent in its board meeting on June 14
Bank of India has received its shareholders approval to raise up to Rs 8,000 crore through several modes including equity shares.
Tata Power on Thursday said it has received shareholders' approval to raise Rs 2,600 crore via issuance of preferential shares to its promoter Tata Sons.
Tata Steel is seeking the consent of shareholders for reappointment of Narendran as CEO and MD for a period of five years with effect from September 19, 2018, not liable to retire by rotation, it said.
The board of directors have approved the proposal for seeking shareholders' approval through postal ballot for the preferential issue of equity capital to Life Insurance Corporation of India (LIC) aggregating up to 14.90 per cent of the bank's post issue paid up capital, IDBI Bank said in a filing to stock exchanges.
New Delhi: Taking a big leap from murmurs at 'chai-samosa parties', shareholders made their voice heard loud and clear in 2014 with support from regulators, as they were seen vetoing cushy deals of promoters and
Bangalore: Indian IT bellwether Infosys Ltd. will seek shareholders' consent Saturday to spin off its products, platforms and solutions (PPS) business to its subsidiary Edgeverve Systems Ltd for about $80 million (Rs.480 crore).“A special resolution
New Delhi : Under pressure from institutional investors, Maruti Suzuki India today decided to seek minority shareholders' approval after tweaking some of the earlier proposals for the controversial Gujarat plant, which its parent Suzuki Motor
London, Jul 5: Arsenal's second-biggest shareholders have written to owner Stan Kroenke expressing “deep reservations” about how the American is running the club after captain Robin van Persie refused to sign a new contract.Alisher Usmanov
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