IIAS

"The structure will enable ITC Hotels to operate with an optimal capital structure with the ability to access capital to fund its growth requirements.

IiAS does not see any substantial value unlocking for ITC’s hotel business and thus recommends shareholders to vote against the proposed demerger of the business. The advisory firm called it a lack of clarity on the part of the board of directors on...

Sebi recently fined two independent directors (IDs) ₹10 lakh each for neglecting their statutory duties and failing to protect shareholders' interests, highlighting the increasing scrutiny on IDs. The role of IDs has evolved to encompass crisis mana...

CSIR-CBRI in Roorkee's 'Surya tilak' project aims to focus sunlight on Shri Ram idol's forehead annually during Shri Ram Navami in Chaitra. The installation involved mirrors, lenses, and precise calculations to achieve this optical feat.

Aster DM Healthcare last week said its board is considering plans to distribute to shareholders about 70-80% of the $903 million it will get by selling its Gulf business, translating into a dividend to its shareholders in the range of Rs 110/- to Rs...

“Following deliberations regarding future expansion plans, capex requirements, and cash reserves, the board is desirous to consider the distribution of 70%-80% of the upfront consideration of $ 903 million, as dividend to its shareholders, i.e. in t...

Aster DM has proposed two resolutions - the sale of its GCC business to Alpha GCC, a related party transaction, and the sale of subsidiary Affinity Holdings to Alpha GCC. The e-voting, which began on December 24, will end on January 24.

Ahead of India's Aditya-L1 solar mission, a top scientist said the monitoring of the Sun on a 24-hour basis is a must to study solar quakes which can alter the geomagnetic fields of earth. The Aditya-L1 mission to study the Sun is slated to be launc...

Strong winds of nearly 108 kph (67 mph) were observed at an altitude of 5,000-15,000 metres (16400-49200 ft), Japan Aerospace Exploration Agency (JAXA) safety manager Michio Kawakami said. Multiple typhoons around Japan could have affected the wind ...

At Ambuja Cements, nearly 54% of votes from public institutions did not favour adoption of the financial results, while 46% were in favour. Not all public institutions voted in the resolutions. At ACC, only 60.2% of public institutions cast their vo...

About 88.6% of the institutional investors voted against the first resolution, while 86.3% opposed the other. As the number of votes cast in favour of the special resolution is not more than three times the number of votes cast against the special r...

IiAS has raised two questions over Vijay Shekhar Sharma’s eligibility for receiving Esops -- whether he meets the definition of a promoter of the company under Sebi's rules, and if his aggregate shareholding, including both direct and indirect, is l...

While Sharma isn't classified as a promoter - Indian parlance for controlling shareholder - he has rights akin to one, including a potential permanent seat on the board, IiAS said in a note Friday. "These provisions and structures give Vijay Shekhar...

Ambuja Cements, which also owns 50.05 per cent in ACC Ltd, has called an Extra Ordinary General Meeting (EGM) of the shareholders on Saturday.It has sought shareholders' approval on 12 resolutions, which include preferential allotment of 47.74 crore...

“We take comfort in the board’s assertion that the company has an effective mechanism for succession planning for the orderly succession of directors and senior management personnel. We raise concerns that he (Sharma) is not liable to retire by rota...

IIAS said Paytm’s shares had fallen 63% from the issue price of Rs 2,150 per share, resulting in wealth destruction for shareholders. On Thursday, the shares closed 0.2% lower at Rs 825.50 on the BSE, about 62% below the IPO price.

IIA is a public-funded agency that oversees Israel's innovation policy. The IIA provides conditional grants to support disruptive technological innovations and is engaged in creating the groundwork and infrastructure to prepare for future technologi...

Countering the criticism from the proxy advisory firm, Bhargava noted that all models produced at Suzuki Motor Gujarat (SMG), including EVs, would be ultimately sold by Maruti Suzuki India (MSI) in the marketplace. IiAS has raised serious questions ...

​India ODOP Bazaar will provide customers access to regional pages and read more about the ODOP products from various districts across India and make a more informed purchasing decision.​