public shareholders

Hero to merge investment arm with self, invest Rs.2,575 crore


June 4th, 2012 - 9:08 pm ICT by IANS
New Delhi, June 4 (IANS) Hero MotoCorp, the world's largest two-wheeler maker, Monday said it would merge with itself Hero Investments, the investment arm of the parent firm, and set ... Read more...

Posted in Business |

Tech Mahindra, Mahindra Satyam to merge (Lead)


March 21st, 2012 - 4:14 pm ICT by IANS
Mumbai, March 21 (IANS) Two IT companies belonging to the Mahindra Group said Wednesday they would merge into a single unit.Mahindra Satyam, the erstwhile Satyam Computers that was taken ... Read more...

Posted in Business |

iGate proposes to de-list Patni Computer Systems


November 16th, 2011 - 8:58 pm ICT by IANS
Mumbai, Nov 16 (IANS) Software major iGate Wednesday moved to de-list its subsidiary Patni Computer Systems from the Indian stock markets and said it will offer public shareholders a minimum ... Read more...

Posted in Business |

EID Parry now bags GMR Industries


April 25th, 2010 - 8:19 pm ICT by IANS
Chennai, April 25 (IANS) In line with the Murugappa group's vision of growing and expanding its sugar business, the Rs.1,147 crore turnover EID Parry (India) Ltd will acquire majority stake in the ... Read more...

Posted in Business |

Murugappa to buy out DBS stake in Chola DBS Finance


March 30th, 2010 - 8:23 pm ICT by IANS
Chennai, March 30 (IANS) City-based Murugappa group has decided to buy out DBS Bank's 37.48 percent stake in Cholamandalam DBS Finance Ltd (Chola DBS), a non-banking finance company (NBFC). Two Murugappa group companies ... Read more...

Posted in Business |

Sun Pharma asks Taro shareholders to vote against board


December 18th, 2009 - 4:23 pm ICT by IANS
Mumbai, Dec 18 (IANS) Drug maker Sun Pharma Friday asked shareholders of Israel's Taro Pharmaceuticals, with which it is locked in a bitter takeover battle, to vote against the current board's re-election ... Read more...

Posted in Business |

India’s new takeover norms may scuttle Bharti-MTN deal


September 22nd, 2009 - 8:53 pm ICT by IANS
Mumbai, Sep 22 (IANS) The $23-billion equity swap deal proposed by Bharti Airtel and South Africa's MTN may hit turbulent weather with India's capital markets watchdog amending the merger and takeover norms ... Read more...

Posted in Business |

Novartis scrip hits upper circuit on stake-hike news (Lead)


March 25th, 2009 - 5:12 pm ICT by IANS
Mumbai, March 25 (IANS) The Novartis India scrip jumped almost 20 percent Wednesday to hit the upper circuit after Novartis AG of Switzerland, a group subsidiary, said it would make an ... Read more...

Posted in Business |

Sun Pharma subsidiary gets nod to buy out Israeli firm Taro


August 14th, 2008 - 9:26 pm ICT by IANS
Mumbai, Aug 14 (IANS) The US Federal Trade Commission has allowed city-based drug maker Sun Pharma to go ahead with its open offer to shareholders of Israeli firm Taro, a company statement ... Read more...

Posted in Business |

Daiichi to pay Rs.737 per Ranbaxy share in open offer


August 11th, 2008 - 5:36 pm ICT by IANS
Tokyo, Aug 11 (IANS) Japanese drug major Daiichi Sankyo Company Ltd will pay Rs.737 per share to shareholders of Ranbaxy Laboratories in its open offer beginning Aug 16, the Japanese company said ... Read more...

Posted in World |

BASF hikes open offer price to shareholders


July 17th, 2008 - 6:06 pm ICT by IANS
New Delhi, July 17 (IANS) The Indian arm of German chemicals major BASF Thursday said it was increasing its open offer price to shareholders for acquiring 22.31 percent stake in the company. ... Read more...

Posted in Business |

Reliance Power announces June 2 as bonus entitlement date


April 25th, 2008 - 8:30 pm ICT by admin
Mumbai, April 25 (IANS) The Anil Ambani-promoted Reliance Power will offer bonus shares to the shareholders whose names appear in the register of members as of June 2, 2008. The company had ... Read more...

Posted in Business |

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