Larsen & Toubro seeks shareholders' nod to raise $600 mn

Last Updated: Wednesday, August 5, 2015, 16:24

Engineering and construction giant Larsen & Toubro (L&T) has sought shareholders nod to raise up to USD 600 million (about Rs 3,200 crore) through issuing securities to meet capital requirement of growing business.

DLF seeks shareholders nod to raise up to Rs 7,500 crore

Last Updated: Tuesday, August 4, 2015, 19:43

Realty major DLF is seeking shareholders' approval to create charge, lien or pledge on its over 50 percent shares in three subsidiaries, which holds rental commercial assets, for raising up to Rs 7,500 crore.

HMVL to seek shareholders' nod to raise upto Rs 250 crore

Last Updated: Saturday, August 1, 2015, 19:06

Hindustan Media Ventures Ltd (HMVL) on Saturday said it will seek shareholders' approval to raise up to Rs 250 crore through issuance of non convertible debentures (NCDs) on private placement basis.

Gujarat Pipavav shareholders approve raising up to Rs 5,000 cr

Last Updated: Friday, July 31, 2015, 16:28

The company had approached its shareholders earlier this month through two special resolutions to raise the amount.

Lupin gets shareholders nod to raise up to Rs 7,500 crore

Last Updated: Saturday, July 25, 2015, 19:33

Drug major Lupin on Saturday said it has received approval from its shareholders to raise up to Rs 7,500 crore through issue of securities.

Facebook defeats shareholder litigation over IPO

Last Updated: Friday, July 24, 2015, 23:39

A federal appeals court on Friday said Facebook Inc officials including Chief Executive Mark Zuckerberg cannot be sued by shareholders who said the social media company concealed threats to its growth prospects before its May 2012 initial public offering.

Growth still not felt on ground; govt needs more time: Premji

Last Updated: Wednesday, July 22, 2015, 23:22

A huge fall in oil and other commodity prices has helped the economy in a big way, but growth is still not felt on the ground, top industry leader Azim Premji said Wednesday.

Cairn India says merger with parent Vedanta is on track

Last Updated: Tuesday, July 21, 2015, 15:03

Shareholders in Cairn India, the country`s largest private sector crude oil producer, are to get one share in mining giant Vedanta and one redeemable preference share under a $2.3 billion deal to buy out minorities announced in June.

Vedanta-Cairn merger to be good for both's shareholders: Anil Agarwal

Last Updated: Saturday, July 11, 2015, 19:18

Listing the positives of the proposed merger of Cairn India with his Vedanta Ltd, its chairman Naveen Agarwal said that the move would not only strengthen the company`s cash-flows but also allow Cairn India`s shareholders to get access to Vedanta`s well invested metals and mining assets which have low cost and long life.

South Korea pension fund to vote for Samsung merger: Report

Last Updated: Saturday, July 11, 2015, 11:26

South Korea`s NPS has decided to vote its shares in favour of an $8 billion all-stock takeover offer from sister firm Cheil Industries Inc.

M&M to seek shareholders' nod to raise Rs 5,000 crore

Last Updated: Friday, July 10, 2015, 16:02

Auto major Mahindra & Mahindra will seek shareholders' approval to raise up to Rs 5,000 crore through issuance of securities on private placement basis in domestic and/or international markets.

Funds mop-up via preferential route tumbles 48% in May: Sebi

Last Updated: Friday, July 10, 2015, 13:44

Raising funds through issuing shares to promoters and shareholders on preferential basis plunged by 48 percent to Rs 5,407 crore in May due to volatile market conditions.