Vedanta Shares Trading Flat Ahead of NCLT Demerger Hearing
Shares of Vedanta Ltd are trading flat after hitting a day’s high of Rs 475 on 8th October, ahead of the final hearing at the...
Tag : NCLT
Zee Enters into One-Time Agreement with Standard Chartered for Credit Facility Availed by Citi Networks
Zee Entertainment Enterprises Ltd (ZEEL) has entered into a one-off settlement agreement with Standard Chartered Bank over a loan taken by Essel Group’s Siti Networks....
HDFC Bank, HDFC Hits More Than 7-Month High, Shares Rises 15% in One Month
Shares of mortgage lender Housing Development Finance Corporation (HDFC) and its associate HDFC Bank hit more than seven-month highs on Friday, rising nearly 6% in...
Piramal Pharma Shares Hit 5% Low Circuit After Its Listing
The Shares of Piramal Pharma entity plunged 5% to hit its lower circuit at Rs 191.75 per share after inaugural at Rs 201.8 on the...
HDFC-HDFC Bank Merger, NCLT Approves Shareholders’ Meet
The National Company Law Tribunal (NCLT) has agreed to hold a shareholders’ meeting to obtain approval for the proposed merger of HDFC and HDFC Bank....
Future Enterprises Defaults on NCD Interest Payments of Rs 8.98 Crore
On Friday, Indebted Future Enterprises Ltd (FEL) said it defaulted on interest on non-convertible bonds (NCDs) totalling Rs 8.98 crore. This is the second default...
IRDAI Approves Merger of Exide Life into HDFC Life
Insurance regulator Irdai has given final approval to HDFC Life Insurance Company Ltd (HDFC Life) to incorporate Exide Life into the company. In January this...
Vedanta to Buy Debt-Laden Athena Chhattisgarh Power for Rs 565 Crore
On Thursday, Mining giant Vedanta said it would acquire debt-laden Athena Chhattisgarh Power in an all-cash deal of Rs 564.67 crore. The company’s liquidation process...
Malpani Group Acquires Majority Stake in Imagicaaworld Entertainment
On June 24, Maharashtra-based amusement park business leader Malpani Group said it had acquired a majority stake and control of rival Imagicaaworld Entertainment Ltd through...
RBI Appoints 3-Member Committee For Administrator in DHFL
The Reserve Bank of India (RBI) on Friday constituted a three-member advisory committee to help the administrator of Dewan Housing Finance Corp Ltd(DHFL) discharge his...