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  • BPCL seeks shareholders nod to raise borrowing limit Dec 16, 2011 08:41 PM IST

    BPCL seeks shareholders nod to raise borrowing limit

    State-run BPCL has sought shareholders approval to increase borrowing limit of the company by as much as Rs 2,000 crore.

  • Bidders queue for MF Global LME stake: sources Nov 20, 2011 02:02 PM IST

    Bidders queue for MF Global LME stake: sources

    A raft of bidders including J.P. Morgan is lining up for failed brokerage MF Global's stake in the London Metals Exchange, two sources familiar with the situation said, providing some solace for creditors.

  • The management that rode a Ferrari Nov 07, 2011 11:38 AM IST

    The management that rode a Ferrari

    Managements that use or buy things for their utility value are far superior than ones that purchase things for showcase splendour, writes Equitymaster.

  • Unitech shareholders reject dividend payment Sep 29, 2011 09:59 PM IST

    Unitech shareholders reject dividend payment

    In an unusual development, the shareholders of realty major Unitech Ltd today rejected a management proposal for payment of dividend totalling about Rs 30 crore for the fiscal 2010-11.

  • Elder Pharma shareholders okay 30% final dividend for FY11 Sep 26, 2011 02:18 PM IST

    Elder Pharma shareholders okay 30% final dividend for FY11

    Elder Pharmaceuticals today said its shareholders have approved a final dividend of 30% for the financial year ended March 31, 2011.

  • Cipla shareholders approve 100% final dividend Aug 26, 2011 08:32 PM IST

    Cipla shareholders approve 100% final dividend

    Drug firm Cipla today said its shareholders have approved final dividend of 100 per cent on 80.29 crore equity shares of Rs 2 each for the financial year ended March 31, 2011.

  • Driven to accept govt's word on Vedanta deal: Cairn India Aug 18, 2011 10:00 PM IST

    Driven to accept govt's word on Vedanta deal: Cairn India

    In a new twist to the tale, Cairn India board today said it was pushed to the wall and had no option but to accept the pre-conditions laid out by the government for the Vedanta deal. That is what Cairn India management told shareholders at the annual general meeting, report CNBC-TV18's Sajeet Manghat and Ashwin Mohan.

  • Cairn set to tie up India deal in September: Source Aug 10, 2011 09:51 PM IST

    Cairn set to tie up India deal in September: Source

    British oil explorer Cairn Energy expects to finalise a long-awaited deal to sell control of its Indian business by mid-September, bringing to conclusion a process that has dragged on for almost a year.

  • Reliance is welcome to up stake, not ITC: EIH Aug 09, 2011 07:19 PM IST

    Reliance is welcome to up stake, not ITC: EIH

    PRS Oberoi, chairman of EIH today assured shareholders that ITC will not own their company. He, however, has invited Reliance to up their stake and be a part of EIH board, reports CNBC-TV18.

  • No salary hike for Sunil Mittal this year: Bharti Aug 01, 2011 09:35 PM IST

    No salary hike for Sunil Mittal this year: Bharti

    Bharti Airtel on Monday said that it has sought shareholders' approval for an up to Rs 70 crore annual pay package to chief Sunil Mittal in the next five yeas, but any hike would not be given in the current fiscal.

  • Kohinoor Foods get shareholders nod for JV with US firm Jul 12, 2011 09:07 PM IST

    Kohinoor Foods get shareholders nod for JV with US firm

    Rice exporter Kohinoor Foods (KFL) today said the shareholders of the company have approved its joint venture (JV) with US-based spice maker McCormick.

  • It's stake sale by investor, not equity dilution: Pipavav May 30, 2011 11:22 AM IST

    It's stake sale by investor, not equity dilution: Pipavav

    Nikhil Gandhi, chairman, Pipavav Shipyard, talks to CNBC-TV18 about the expected stake sale of the company and highlights the way forward.

  • Fannie Mae seeks $8.5 bn from taxpayers May 07, 2011 11:46 AM IST

    Fannie Mae seeks $8.5 bn from taxpayers

    Mortgage finance giant Fannie Mae on Friday said it would ask for an additional USD 8.5 billion from taxpayers as it continues to suffer losses on loans made prior to 2009.

  • Piramal board approves demerger of New Chemical Entity May 06, 2011 05:04 PM IST

    Piramal board approves demerger of New Chemical Entity

    The board of Piramal Healthcare has approved the demerger of the New Chemical Entity from Piramal Life Sciences and merging it into itself. Shareholders will be issues one share of parent Piramal Healthcare for every four shares of Life Sciences.

  • In Buffett territory, holders show allegiance to Warren Apr 30, 2011 01:44 PM IST

    In Buffett territory, holders show allegiance to Warren

    Warren Buffett may be under fire from New York investment managers over a scandal involving one of his former lieutenants, but on his home turf his most loyal shareholders think he is doing just fine.

  • Cairn-Vedanta deal debacle: What are shareholders' options? Apr 06, 2011 10:35 PM IST

    Cairn-Vedanta deal debacle: What are shareholders' options?

    Sandeep Parekh, Founder, Finsec Law Advisors, in an interview with CNBC-TV18's Shereen Bhan gives his views on all the happenings surrounding the Cairn-Vedanta deal.

  • Morgan Stanley, Goldman to recommend 'say on pay': WSJ Apr 01, 2011 06:23 PM IST

    Morgan Stanley, Goldman to recommend 'say on pay': WSJ

    Morgan Stanley, Goldman Sachs and JPMorgan Chase & Co will soon join Citigroup and Bank of America Corp in allowing shareholders to vote on executive compensation, the Wall Street Journal said, citing people familiar with the matter.

  • Govt, shareholders to get surplus land sale proceeds: Tata Comm Mar 23, 2011 10:37 AM IST

    Govt, shareholders to get surplus land sale proceeds: Tata Comm

    Tata Communications (Tata Comm), which is caught in a dispute with the government over 773 acres of surplus land it received in 2002, said that demerger of the surplus land will go to the government and shareholders.

  • Citi resumes dividend, will do reverse stock split Mar 22, 2011 12:53 PM IST

    Citi resumes dividend, will do reverse stock split

    Citigroup Inc, one of the worst-hit banks during the financial crisis, is taking more steps to get back in the good graces of shareholders.

  • Rising incidence of heart disease, diabetes in South Asia Feb 09, 2011 10:47 AM IST

    Rising incidence of heart disease, diabetes in South Asia

    South Asia is facing a health crisis, with rising rates of heart disease, diabetes and obesity, and patients facing impoverishment as they pay for treatment out of their own pockets, the World Bank said on Wednesday.

  • Wal-Mart bid for Massmart approved, boycott looms Jan 18, 2011 08:18 AM IST

    Wal-Mart bid for Massmart approved, boycott looms

    South African retailer Massmart's shareholders have accepted a takeover by US group Wal-Mart, setting up the world's largest retailer for a potential battle with local unions.

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