China bans big shareholders from cutting stakes for next 6 months

Last Updated: Thursday, July 9, 2015, 07:02

China`s securities regulator took the drastic step of banning shareholders with stakes of more than 5 percent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets.

Philips gets demerger nod amid small shareholders' opposition

Last Updated: Monday, July 6, 2015, 15:28

Some minority shareholders opposed the demerger and feared that the same was a precursor to hive-off the healthy business from the company in line with the parent company's move.

ABCIL gets shareholders' nod for merger with Grasim Industries

Last Updated: Saturday, July 4, 2015, 20:45

Aditya Birla Chemicals (ABCIL) on Saturday said it has received shareholders' approval for merging the company with Grasim Industries.

McNally to raise Rs 100 crore from EMC

Last Updated: Wednesday, July 1, 2015, 19:32

McNally Bharat Engineering will raise Rs 100 crore by selling shares to EMC Ltd, which will also launch an open offer worth over Rs 131 crore to the company's public shareholders.

Punj Lloyd gets shareholders nod for term loan up to Rs 1,500 cr

Last Updated: Wednesday, July 1, 2015, 18:10

Infrastructure major Punj Lloyd has received shareholders' approval for taking term loans up to Rs 1,500 crore with the condition that the lenders can get the debt converted into equity shares in case of a default.

Samsung's Cheil, pitching $8 billion merger, pledges higher returns

Last Updated: Tuesday, June 30, 2015, 10:29

Locked in a battle with an activist U.S. hedge fund, the Samsung Group`s de facto holding company sought to win support for a proposed USD 8 billion merger with a sister firm by pledging measures to bolster post-deal shareholder returns.

Kotak Mahindra Bank gets shareholders' nod for 1:1 bonus share

Last Updated: Monday, June 29, 2015, 19:02

Shareholders on Monday gave approval to Kotak Mahindra Bank's proposal for issuance of bonus shares.

Bajaj Corp plans to raise Rs 1,000 cr through QIP

Last Updated: Wednesday, June 24, 2015, 20:40

FMCG firm Bajaj Corp is seeking shareholders' nod to raise Rs 1,000 crore by issuing equity shares to institutional buyers through QIP.

Infosys shares dip over 2% post AGM

Last Updated: Tuesday, June 23, 2015, 18:43

Shares of Infosys fell by over 2 percent Thursday, a day after the company's Annual General Meeting.

Infosys shareholders want Narayana Murthy back, but he declines

Last Updated: Monday, June 22, 2015, 22:10

Infosys shareholders Monday made a strong pitch for the return of co-founder Narayana Murthy to the company once again, which the IT czar declined by calling it words of "affection".

Indiabulls Real Estate shares soar 22.5% on fund raising plans

Last Updated: Monday, June 22, 2015, 13:14

Stocks of Indiabulls Real Estate soared 22.5 percent on Monday as the company said it will seek shareholders' nod to raise a total of Rs 538 crore from promoters, including convertible warrants worth Rs 290 crore.

US fund accuses Samsung of foul play over stock sale

Last Updated: Friday, June 19, 2015, 17:32

US hedge fund Elliott urged a South Korean court today to approve an injunction against the proposed merger of two Samsung units, insisting it is aimed at facilitating a generational power transfer rather than acting in the interest of shareholders.