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...

Jet Airways has obtained shareholders’ approval for various proposals that include the conversion of bank loans into equity.The development, though expected, should come as a relief for the crisis-h...

ITC Ltd is seeking shareholders’ nod to raise the salary of its chairman and managing director and wholetime directors after it could not get the approval of overseas shareholders for a new stock op...

Jet Airways on Thursday convened a meeting of its shareholders where various proposals, including the conversion of loans into shares, were discussed.The extraordinary general meeting (EGM), which was...

Crisis-hit Jet Airways may come out with a rights issue that could see the participation of promoter Naresh Goyal and Etihad.The board of the full service carrier had approved a bank-led resolution pl...

The resolution plan proposed by AreclorMittal and approved by Indian courts has obliterated the ownership rights of the erstwhile promoters of Essar Steel India. But it has also left a huge number of ...

A discussion paper of the RBI on Thursday proposed that the maximum tenure of a promoter of a bank as a wholetime director or CEO in that lender should be 10 years. RBI said to build a robust culture ...

In a major relief to Anil Ambani, his Reliance Group is understood to have reached an in-principle standstill understanding with more than 90 per cent of its lenders at the promoter group level.Under ...

The Centre has set in motion a stricter disclosure regime for Indian companies to reveal the identity of a “significant shareholder” who prefers to mask the extent of his influence and control beh...