Page 12 - Dev Chatterjee

Religare board has no power to reject open offer for company: Burmans

The independent directors of the Religare board, however, have the powers to make a recommendation to the shareholders, lawyers said

Temasek plan to sell stake in Tata Play delayed over firm's valuation

Tata Sons is offering a lower valuation than $1 billion made for Tata Play

Tajpur port project: Adani awaits LoA, Bengal seeks clarity on MHA nod

West Bengal Industry Minister, Shashi Panja, said that there was a provisional letter of intent (LoI), which was given to APSEZ (Adani Ports and Special Economic Zone) last year

Adani Group net profit up 107% in first half of FY24 but sales slow down

Capex at Rs 20,000 cr as ports-to-airports conglomerate grows after controversy over Hindenburg Research's report

Raymond loses Rs 1,500 cr market value after family feud breaks out

Nawaz Modi alleges corp governance lapses in the company

RBI approves Hinduja Group directors on board of bankrupt Reliance Capital

Central bank clears resolution plan for Reliance Capital by IIHL BFSI (India)

Religare board rallies behind chairperson Saluja, defends her share sale

Financial services company rejects Ingovern's allegation of excessive remuneration

InGovern raises red flags over Care Health Esops to REL's Rashmi Saluja

The source said Care Health could, therefore, pass a fresh resolution for the grant of Esops to Saluja without requiring any Irdai approval

FIR filed in Mahadev betting case, Dabur Group's Burmans deny charges

Say vested interests behind complaint, want to scuttle move to buy Religare

American Towers set to sell loss-making India ops for $2.2 billion

I Squared Capital leading race to buy 77,000 towers

No plans to change board after Religare buy: Dabur Chairman Mohit Burman

Burman said the family office has been a shareholder of REL since 2018 and participated in its two preferential issues in 2018 and 2021

Saluja's remuneration meets legal, corporate governance norms: Religare

The actual sale of shares that happened on 21st and 22nd September by Saluja was made at then prevalent market price

Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

The group's holding company, Vedanta Resources, is also looking to sell part of its 63.71 per cent stake in Vedanta Ltd to meet any funding requirements

SP group in talks with PE firms to sell Gopalpur port, other assets

The talks with private equities and other investors were initiated after JSW Ports and the Adani group made offers of around Rs 3,000 crore to acquire Gopalpur Port

BS BFSI Summit 2023: Professionally run mfg cos to drive PE growth in India

PE investment to flow to financial, healthcare, and consumer sectors

Bankers await closure of Reliance Cap acquisition by Hinduja Group

The group may look at raising by pledging shares of other group entities

Tata group companies raise $660 mn as overseas debt to fund operations

Bankers said the group's good track record in repaying debt on time has helped it raise funds at competitive rates from overseas

Dhamra LNG terminal to save over Rs 5,000 crore annually for its users

Adani Ports & SEZ and TotalEnergies have jointly invested Rs 1,900 crore in the terminal project so far and the Adani firm started investing in the project from 2016 onwards

Tata Sons to infuse Rs 2,000 crore in loss-making subsidiary Tata Tele

For the first half of the ongoing financial year, the company reported a loss of Rs 672 crore on total income of Rs 1,046 crore, according to filings with the stock exchanges

From Adani to Torrent, India Inc taps overseas funds for local M&As

Adani, Hinduja, Torrent raise funds for acquisitions