Shareholders pressed the management to liquidate inventory partly and reward shareholders by way of special dividend or buyback to prop up the stock price. However, the company defended its strategy ...

The market regulator proposes to change the minimum threshold for voting rights for the re-classification of a promoter as a public shareholder and suggested that all promoter entities disclose their ...

Less than a week after shareholders of Lakshmi Vilas Bank (LVB) voted out seven directors, another top honcho of a private sector bank faced a similar fate. On Wednesday, shareholders of Thrissur-bas...

In a rare instance of corporate activism, the shareholders of Lakshmi Vilas Bank (LVB) have voted seven directors out from the bank’s board, including MD-cum-CEO S. Sundar and two others who bel...

Mindtree co-founder Krishnakumar Natarajan and his family have sold over 4.66 lakh shares of the company, reducing their combined shareholding to 2.01 per cent from 2.29 per cent. The transactions we...

The founders of Mindtree — Subroto Bagchi, K. Natarajan, Rostow Ravanan and N.S. Parthasarathy — have sought reclassification of their status as promoters to public category. In a regulat...

Walmart, the Bentonville, Arkansas-based retail giant, is investing $1.2 billion along with other existing shareholders in Flipkart. The investment in Flipkart by its parent comes at a time India&rsq...

Tata Power on Thursday said its board has approved a proposal to raise Rs 2,600 crore through the issuance of preference shares to promoter Tata Sons. Tata Sons’ shareholding will increase from ...

Corporate social responsibility is a contentious concept. Does a company have any responsibility beyond its fiduciary duty of maximizing shareholders’ wealth without violating the laws of the land? ...

Bharti Airtel has received commitment from Singtel and GIC of Singapore to subscribe to its Rs 25,000- crore rights issue, which is part of its Rs 32,000-crore capital raising programme to curtail deb...