Topics: Shareholders

Business

Geely raises $836 million through shares sale

Hong Kong-based automaker Geely has raised HK$6.48 billion ($836 million) through a share sale. In a statement issued, Geely said, "The company has raised HK$6.48...
Business

RBI approves shareholding dilution plan of Kotak Mahindra Bank’s promoters

The Reserve Bank of India on Tuesday approved the shareholding dilution plan of Kotak Mahindra Bank's promoter. In a filing with the stock exchange, the...
Business

NIIT announces Rs 337 crores buyback share plan

India's leading IT institute, the National Institute of Information Technology (NIIT) on Saturday announced its Rs 337.4 crore buyback plan. In a filing with the...
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Business

Sanofi to buy Synthorx for $2.5 billion

France’s Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around $2.5 billion as it seeks to beef...
Business

Allcargo Logistics acquires a controlling stake in Gati

A Mumbai based- Integrated logistics solution provider Allcargo Logistics has announced the acquisition of majority stakes in Gati Ltd for Rs 416 crore. As a...
Business

DLF to raise Rs 3,000 crore from QIP, plans to become a debt-free company

With the aim to become the debt-free company, India's largest commercial real estate developer DLF on Monday said that "the company is planning to...
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Business

SEBI exempts the government from issuing an open offer for Union Bank shareholders

Markets regulator SEBI on Friday exempted the central government from making an open offer for the shareholders of Union Bank of India following capital...
Gadgets

Samsung Galaxy flagship smartphones are selling well in China: CEO

Samsung Electronics Co Ltd said on Wednesday its new Galaxy flagship smartphones were selling well in China and it was confident it could reverse...
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