Chairman Sanjiv Puri says 65 per cent of ITC's revenue now comes from non-cigarette businesses as the firm prioritises domestic growth under 'Bharat First' strategy
Former Chairperson of Sona Comstar Rani Kapur alleged that shortly after Sunjay's death, she was coerced into signing documents without being informed of their contents
Norges Bank Investment Management, a major ZEEL shareholder, supports the company's preferential issue of convertible warrants to promoter group entities ahead of the EGM on July 10
Adani Green, the group's renewable company, aims to achieve 50 GW (gigawatt) of capacity and thermal power producer Adani Power 31 GW
While the number of shareholders continues to rise, investor participation in annual general meetings has been steadily declining
Voting will begin from Tuesday and results are expected after the annual general meeting (AGM) scheduled for Friday
The order clears way for the open offer by Burman family
The decision was finalised at AAAI's annual general body meeting held in Mumbai
At the company's annual general meeting (AGM) on Monday, Khaitan gave an overview of operations and the future roadmap for the company
Proxy advisory firm InGovern has raised concern over Religare Enterprises postponing its 40th annual general meeting "without any valid reason" and has sought a Sebi probe into the matter, but the company termed the report manipulative. The regulator may examine the decision-making processes that led to the delay, as well as the company's actions regarding share allotments and Employee Stock Ownership Plans (ESOPs), the advisory firm said in a report. Responding to the report, Religare Enterprises chairperson Rashmi Saluja said, "The report is manipulative in nature and is a malicious attempt to hurt the credibility of the company and its leadership. We are compliant with all laws and regulations and continue to uphold the sanctity of the High Court of Delhi, and hence will not be able to speak on matters which are sub-judice." "Short selling is becoming a trend to undermine the growing potential of Indian companies under different reasons and we would like really to understand the
Certain institutional investors have expressed their discontent, suggesting that it may be a strategy to avoid a vote on Saluja's reappointment, the report added
Max Healthcare is on an expansion spree planning to add 3500 beds in 3 yrs
Samir says that his removal as director, despite having a tenure until September 2026, will require 51 per cent of the shareholders agreeing at the AGM
The promoter did not share any details on any potential listing for the company's retail and telecom divisions, a key announcement that the street was hopeful for
Chandrasekaran said, the company has expanded into so many different areas now, each of these areas focusing on growth and cash flow generation
The proposal was put forward by 19 international investors holding roughly 20 million TotalEnergies shares, together with Swiss pension fund investor group Ethos Foundation
The company plans to discuss various topics including considering and adopting the audited standalone and consolidated financial statements of the firm for the financial year ended 31st March 2022
The 18-point agenda for BCCI's 92nd AGM includes the election & induction of 2 representatives of General Body in Governing Council of IPL and adoption of annual budget for FY 2023-24 among others.
Promoters offload 24% equity amid shareholding dispute
India appears to be the silver lining amid global headwinds and is poised to leapfrog into the future, but the country must address challenges like employment and agriculture productivity, said HUL Chairman Nitin Paranjpe. Addressing the AGM of the company on Monday, Paranjpe said India has been the fastest-growing economy in the last decade and is touted to become the world's third-largest economy by 2027, surpassing Japan and Germany. It is emerging steadily from the shadows of being a poor nation, and taking 'centre stage'. "The country's ambition of becoming a high-middle income country by 2047, when the nation celebrates 100 years of independence, is a definite possibility," Paranjpe said in his speech titled Transforming to Win in the New India. This would be led by factors like favourable demographics, rising consumption, enviable digital public infrastructure, investments and a culture of innovation and enterprise. According to HUL Chairman, a growing young population can