Live Breaking News & Updates on Promoters

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Axis Finance drags Essel promoters to HC over unpaid dues

Axis Finance drags Essel promoters to HC over unpaid dues : Rashtra News #Axis #Finance #drags #Essel #promoters #unpaid #dues Axis Finance, a subsidiary of Axis Bank, has moved the Bombay High Court against Essel Group promoter Subhash Chandra and his sons Punit and Amit, seeking recovery of ₹61.64 crore that it said was due

India , Mumbai , Maharashtra , Bombay , Nishit-dhruva , Subhash-chandra , Punit-goenka , Cyquator-media-services , Axis-bank , Sony-pictures-networks-india , Indusind-bank , Essel-group

Calcutta High Court slaps Rs 1 crore fine on promoters of illegal building, orders demolition | Kolkata News

Calcutta High Court imposed Rs 1 crore fine on illegal building promoters in Shantinagar. Bank details, property list due by April 12. Residents to va

Shantinagar , Maharashtra , India , Kolkata , West-bengal , Garden-reach , Justice-sinha , Bidhannagar-municipal-corporation , Calcutta-high-court-on , Calcutta-high-court , Salt-lake , Amrita-sinha

Promoters to infuse Rs 4,500 crore into Vodafone Idea

Promoters to infuse Rs 4,500 crore into Vodafone Idea : Rashtra News #Promoters #infuse #crore #Vodafone #Idea According to the company, with the preferential issue, Rs 3,375 crore of equity infusion will be done by Euro Pacific Securities and Prime Metals (Vodafone Group) while Rs 1,125 crore will come from Oriana Investments (Aditya Birla Group).

India , Bharti-airtel , Metals-vodafone-group , Airtel , Aditya-birla-group , Vodafone-group , Oriana-investments-aditya-birla-group , Indus-towers , Vodafone-idea , Euro-pacific-securities , Prime-metals , Oriana-investments

Pradip Overseas: Guarantors' plan for Pradip Overseas gets NCLT nod

The ruling is expected to set a precedent for promoters of bankrupt companies who are facing proceedings under the Insolvency and Bankruptcy Code (IBC), being joint personal guarantors or having common assets. The National Company Law Tribunal (NCLT) while approving the repayment plan, also observed that the creditors shall withdraw all the legal proceedings before various fora against the debtor within one month of the fulfilment of repayment obligations.

Lucknow , Uttar-pradesh , India , Chetan , Rajasthan , Bakul , West-bengal , Ahmedabad , Gujarat , Kozhikode , Kerala , Sunil-kumar-agarwal

NCLAT dismisses appeal by former promoters of Bhushan Steel

NCLAT dismisses appeal by former promoters of Bhushan Steel : Rashtra News #NCLAT #dismisses #appeal #promoters #Bhushan #Steel Tata Steel on September 12, 2018 filed an application before the NCLT seeking direction to the Singals to transfer the shares. The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed an appeal filed by Neeraj Singal

Neeraj-singal , Ashok-bhushan , Brij-bhushan-singal , National-company-law-appellate-tribunal , Tata-steel , National-company-law-tribunal , Bhushan-steel , Bamnipal-steel , Appeal , Bhushan , Bhushan-steel-bankruptcy , Bhushan-steel-nclat

IPO and FPO issuance could reach 4-5% of India's market cap, says Jefferies

Jefferies predicts IPO (initial public offering) and FPO (follow-on public offering) issuance could hit 4-5 percent of market capitalisation, mirroring China's figures.

Seoul , Soult-ukpyolsi , South-korea , India , China , Chinese , Toyota , Hyundai , Samsung , Reliance-industries , Hyundai-india

Promoters offload record $14 billion shares in 2023

The sectors that saw the most significant promoter selling included financial services, power, automobiles, metals & mining, and technology.

India , Hindustan , India-general- , Bharat , Nilesh-shah , Rakesh-gangwal , Shobha-gangwal , Jyotivardhan-jaipuria , Lakshmi-iyer , Bloomberg , Adani-energy , Tata-steel

Macleods Pharma promoters buy bungalow in Mumbai's Juhu for Rs 101 cr

Promoters of Macleods Pharmaceuticals, Girdharilal Bawri, Banwarilal Bawri, and Rajendra Agarwal, through their group entity Agarwal Holdings, have acquired a land parcel and bungalow in Juhu, Mumbai for Rs 101 crore. The deal was registered on February 20, and the stamp duty paid was Rs 6.06 crore.

Philippines , Bangalore , Karnataka , India , South-africa , Ukraine , Juhu , Maharashtra , Mumbai , Indonesia , Spain , United-kingdom

Vodafone Idea plans to raise about Rs 45,000 crore via equity, debt

India Business News: Vodafone Idea plans to raise up to Rs 20,000 crore through equity and equity-linked instruments. Promoters, bankers, and counsels will participate. De

United-kingdom , British , Vodafone-plc , Aditya-birla-group , Vodafone-group , Vodafone-idea , Birla-group , Business-news , Promoters , Fund-raise , Equity

zee: Zee expands scope of advisory panel to include investigation assessment

The announcement by the company comes amid the ongoing probe by market regulator Sebi against its promoters for alleged fund diversion. Last week, the company announced constituting of independent advisory panel to curb erosion of its investor wealth in the wake of speculations leading to negative public opinion of the company.

Business-news , Breaking-newsbudget , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Zee , Zee-entertainment-enterprises-ltd , India , Market-regulator-sebi