E-PaperShareholding Pattern News
HC to hear Kotak Bank’s plea on stake dilution in March
Reserve Bank of India has sought more time from Bombay high court to file its reply to the writ petition filed by the Uday Kotak-controlled Kotak Mahindra Bank.
1 min read18 Jan 2019Banks propose $900 million turnaround plan for Jet Airways
The Jet Airways' debt resolution plan, if approved by all stakeholders, will trigger a change in Jet Airways' shareholding pattern, with founder chairman Naresh Goyal's stake falling below the current 51%
2 min read10 Jan 2019HDFC is the biggest winner in Bandhan-Gruh Finance merger
That Bandhan Bank is paying top dollar for Gruh Finance has to do with the latter's parentage: HDFC owns 57.8% of the company
2 min read8 Jan 2019No relief for Kotak Bank on promoter shareholding, shares fall
Kotak Mahindra Bank shares declined as much as 3.2% to hit a low of 1,215.10 per share
1 min read17 Dec 2018Why Uday Kotak’s defiance is scaring his bank’s investors
Kotak Mahindra Bank's move to take RBI to court over the promoter shareholding issue is likely to buy the bank time, if it's successful in getting a stay
2 min read11 Dec 2018Kotak Bank takes RBI to court over promoter shareholding issue
Kotak Mahindra Bank promoter Uday Kotak was barred from reducing stake via preference share issue
3 min read11 Dec 2018CCD’s V.G. Siddhartha to exit Mindtree, KKR may step in
CCD founder V.G. Siddhartha, his firms Coffee Day Enterprises and Coffee Day Trading and a few other large shareholders are looking to sell their stakes in Mindtree
2 min read6 Dec 2018Uday Kotak stake in his bank has investors on edge
While Kotak Mahindra Bank has its conversations with the regulator, investors are left wondering which way the outcome will swing
2 min read28 Nov 2018Tata begins due diligence to buy Jet Airways from Naresh Goyal
Tata Sons CFO Saurabh Agarwal is leading discussions to buy a controlling stake in Jet Airwayswhich effectively means Naresh Goyal will cede control of the airline if the acquisition deal materializes
2 min read13 Nov 2018Cyrus Investments seeks representation on Tata Sons board
Cyrus Investments says Article 75 of Tata Sons's Articles of Association has been used to 'marginalize and eliminate the minority shareholders from the company'
1 min read1 Nov 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared