Delisting discontent boils over at ICICI Securities meet
Iinvestors are upset over the proposal to turn ICICI Securities into a wholly owned subsidiary of parent ICICI Bank
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Iinvestors are upset over the proposal to turn ICICI Securities into a wholly owned subsidiary of parent ICICI Bank
India Business News: KOLKATA: Ultratech Cement, India's largest cement manufacturer controlled by Kumar Mangalam Birla, is likely to go for a share swap deal with B K Birl.
With shareholders quizzing Chandrasekaran on Tata Motors equity capital reduction move at the annual general meeting (AGM) on Tuesday, the chairman said that it is being done with the objective of fairness for both kinds of shareholders (ordinary and DVR). He added that Tata Sons (promoter) approved the move on the basis of what is good for the company and in the interest of shareholders.
Tata Motors Stocks: With shareholders quizzing Chandrasekaran on Tata Motors’ equity capital reduction move at the annual general meeting (AGM) on Tuesday, the chairman said that it is being done with the objective of fairness for both kinds of shareholders (ordinary and DVR). He added that Tata Sons (promoter) approved the move on the basis of what is good for the company and in the interest of shareholders.
Founder Chaudhry’s family maintains about 18 per cent in AESL and Blackstone the remaining 12 per cent. The deal envisaged AESL merging with TLPL as it was more tax efficient for the seller Chaudhrys.