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RIL issues bonus share after 12 years

RIL issues bonus share after 12 years

Reliance Industries Ltd on Friday announced one bonus share for every share held - the first such issue after 12 years, and a dividend of Rs 13 a share.

BP slashes CEO's remuneration by 40 percent after shareholder backlash

The 40 percent cut comes after the company made a number of changes to its renumeration policy.

Infosys justifies COO pay hike, says effective rise only 1.4%

Infosys justifies COO pay hike, says effective rise only 1.4%

Infosys on Monday vehemently defended the hike in its COO UB Pravin Rao's compensation, saying the revision was arrived at after benchmarking against peers.

Sebi seeks clarification on NSE's Rs 10,000-crore IPO

Sebi seeks clarification on NSE's Rs 10,000-crore IPO

Markets regulator Sebi has sought clarification on the proposed Rs 10,000 crore initial public offering of top bourse National Stock Exchange (NSE).

SEBI to allow mutual funds to invest in REITs, InvITs

SEBI to allow mutual funds to invest in REITs, InvITs

Indian mutual funds will be allowed to invest in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), the market regulator said on Saturday, a move aimed at boosting investor interest in such alternative investments.

 Muthoot Finance raises stake in subsidiary Belstar to 64.6%

Muthoot Finance raises stake in subsidiary Belstar to 64.6%

Muthoot Finance has raised its stake further in subsidiary firm Belstar Investment and Finance Pvt Ltd (BIFPL) to 64.60 per cent.

Nusli Wadia skips Tata Motors EGM; shareholders spar over his ouster

Several retail shareholders who addressed Tata Motors' EGM convened to remove Nusli Wadia from the board today endorsed the resolution, while a few threatened to sue the Bombay Dyeing patriarch for terming the meetings "stage-managed".

 Cyrus Mistry, Nusli Wadia to contest removal from 2 Tata firms at EGMs

Cyrus Mistry, Nusli Wadia to contest removal from 2 Tata firms at EGMs

Locking horns with Tata Sons, ousted chairman Cyrus P Mistry and his supporter, independent director Nusli N Wadia, will contest the proposal to remove them from boards of Tata Steel and Tata Chemicals by making written and oral representation to shareholder.

SBI proposes to raise Rs 5,681 crore from preferential issue to government

SBI proposes to raise Rs 5,681 crore from preferential issue to government

State Bank of India on Saturday said it proposes to raise Rs 5,681 crore by issuance of preferential shares to the central government, its majority shareholder.

Fund raising via preferential allotment falls 36% to Rs 11,000 crore

Fund raising via preferential allotment falls 36% to Rs 11,000 crore

Indian firms raised over Rs 11,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-June quarter, a slump of 36 percent from the year-ago period.

Fund raising via preferential allotment falls 36% to Rs 11,000 crore

Fund raising via preferential allotment falls 36% to Rs 11,000 crore

Indian firms raised over Rs 11,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-June quarter, a slump of 36 percent from the year-ago period.

Jeff Bezos defends Amazon culture in shareholders note

Jeff Bezos defends Amazon culture in shareholders note

Amazon chief executive and founder Jeff Bezos defended his company`s workplace culture and costly growth strategy in a letter to shareholders made public Tuesday.

Hindustan Zinc jumps 14% after declaring highest ever dividend

Hindustan Zinc jumps 14% after declaring highest ever dividend

 Shares of Hindustan Zinc surged up to 14 percent today after the company announced that it will pay highest ever dividend of Rs 10,141 crore, including Rs 3,000 crore to the government, to its shareholders for the 2015-16 fiscal.

Yahoo to allow proxy access for board nominations

Yahoo to allow proxy access for board nominations

Yahoo Inc will allow investors who have held stake of at least 3 percent in the struggling Internet company for a minimum of three years to nominate directors to its board.

National Herald case: Amitabh Bachchan holds 1 lakh shares in Associated Journals Ltd?

National Herald case: Amitabh Bachchan holds 1 lakh shares in Associated Journals Ltd?

An interesting fact has come to the fore in National Herald case.

SEBI begins process to give exit route to dissenting investors

Markets regulator SEBI Tuesday began the consultation process to provide an exit option to dissenting shareholders in case of changes to the objectives of listed firms for which they had raised money from public.

Aurobindo Pharma to seek shareholders nod to raise $600 mn

Aurobindo Pharma will seek approval from its shareholders for an enabling resolution to raise up to USD 600 million (around Rs 3,974 crore) via issue of securities.

BSE may soon form new groups for its exclusively listed firms

Based on these parameters it would classify them accordingly in two separate groups.

Sebi notifies revised listing regulations

Capital market regulator Sebi has notified amended listing regulations that allow listed companies to seek shareholders' approval for related party deals through ordinary resolutions.

Power Grid to seek shareholders nod to raise Rs 14,000 crore

State-owned utility Power Grid Wednesday said it will seek shareholders' approval next month to raise up to Rs 14,000 crore from domestic and external sources during the fiscal 2016-17.