Equity Shares

Coal India arm NLC approves Rs 1,244-crore share buyback plan

Coal India arm NLC approves Rs 1,244-crore share buyback plan

World's largest coal producer Coal India on Saturday said the board of its arm Northern Coalfield has approved a share buyback plan worth Rs 1,244 crore.

Feb 25, 2017, 19:52 PM IST
Govt to infuse Rs 1,894 crore capital in State Bank of India

Govt to infuse Rs 1,894 crore capital in State Bank of India

The government, which is infusing Rs 1,894 crore capital into State Bank of India, has asked the country's largest lender to take necessary regulatory approvals for the fund infusion.

Jan 19, 2017, 21:59 PM IST
SBI to allot shares to govt for capital infusion of Rs 5,681 crore

SBI to allot shares to govt for capital infusion of Rs 5,681 crore

Country's largest lender SBI on Saturday said it will issue equity shares on preferential basis to the government for capital infusion of Rs 5,681 crore.

Oct 29, 2016, 19:52 PM IST
CBDT comes out with final rules for taxing share buy back by companies

CBDT comes out with final rules for taxing share buy back by companies

Seeking to minimise litigations over taxation, CBDT has come out with rules for computing distributed income arising out of issue of shares following buy back, demerger, amalgamation or bonus issue by companies.

Oct 19, 2016, 16:03 PM IST
UBI receives Rs 608 cr capital infusion from govt

UBI receives Rs 608 cr capital infusion from govt

 State-owned United Bank of India (UBI) said it has received Rs 608 crore capital infusion from the government.

Sep 23, 2016, 11:49 AM IST