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Tata Sons to dilute stake in Indian Hotels; looks to raise Rs 2,000 crore

On a standalone basis, IHCL's gross debt was Rs 1,665 crore and it had liquidity of Rs 580 crore, as of December last year

Promoter stake in ADA group firms falls as lenders invoke pledged shares

Retail, lenders stuck with dud shares; promoter stake in Reliance Infra fell to 5% this September end from 48.4% in March 2018. Reliance Infra's stake in Reliance Power fell to 25% from 75%

Vijay Crishna quits boards of Godrej Industries and Godrej Agrovet

Crishna is married to Smita Crishna-Godrej who owns one-fifth stakes in the Godrej family assets

Future moves SC to seek stay on Singapore arbitration panel's decision

NCLT stays Future group shareholders' meet

Amazon violated FDI norms, allege Future Retail independent directors

The FCPL shareholders' agreement between the Future promoters and Amazon has not been approved by the FRL board

Lenders to Aircel, Reliance Communications hope for faster resolution

RBI panel recommends that ARCs be allowed to bid for bankrupt firms

IFCI invokes promoter Kishore Biyani's stake in two Future companies

Biyani stake in group companies falls steadily

Litigations delay asset sale process of debt-ridden Reliance Capital

Reliance Capital had a debt of Rs 26,887 crore on a consolidated level as on fiscal year ended March this year

Cheap funding, govt sops power Indian firms' big bets on renewable energy

India is heavily dependent on imports, and local manufacturing capacities are inadequate. Several Indian companies are planning to plug this loophole

Super app war: Adani, Tata and Reliance Industries go on acquisition spree

The conglomerates are planning to offer personal loans, travel bookings, and movie tickets to create a consolidated digital platform that will support their existing offline businesses, say bankers

NCLT allows Reliance Retail's shareholders to hold meetings for Future deal

The NCLT said the objections raised by American retail giant Amazon were premature and could be dealt with later

Legal fight on anvil as Dish TV board rejects YES Bank's demand for EGM

YES Bank, which holds 26% stake of Dish TV, has sought to remove Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal and Ashok Kurien from the board of Dish TV besides Jawahar Goel

Zee-Invesco battle puts spotlight back on corporate governance practices

The public battle between the broadcasting giant and a key institutional shareholder has precipitated a high-decibel debate on corporate governance practices

Zee chief Punit Goenka questions Invesco's silence over RIL offer

Says he will ensure no one maligns Zee's intrinsic value, and will continue to pursue this in the best interests of shareholders, and at immense personal costs

Zee-Invesco row ended deal talks; no hostile takeover plans: RIL

The war of words between Invesco and ZEEL shows that minority shareholders were not in the loop about the acquisition talks till Tuesday

Invesco's conduct lacks transparency, says Zee Entertainment

Zee said it is dismayed that in the open letter, Invesco has also cast unsubstantiated aspersions on Zee's management and has made comments in relation to the 'permissive culture' of the Board

Tata Sons' board takes stock of Air India acquisition

The company will be raising around Rs 15,000 crore as debt from banks to fund Air India acquisition

Invesco pushed large Indian group's 'bad' deal: Zee Entertainment

Proposal would have led to Rs 10,000-cr loss to shareholders, says firm

Zee-Sony merger deal not in interest of small shareholders: Invesco

In its letter on Monday, Invesco said the lack of clarity around key aspects of the Zee-Sony announcement should concern all shareholders

Tata Sons board meet on Tuesday to discuss Air India acquisition

In AGM held in September, shareholders had approved up to Rs 40,000 cr debt raise plans. Of this, the board may clear raising Rs 15,000 crore, says source