SCHEME OF ARRANGEMENT

Network18 owns 51.17% of TV18 and 91.89% of E18. TV18 also owns a 13.54% stake in Viacom18, which is in the process of merging with Walt Disney's Star India.

Despite the bank's claim that their outreach program was solely educational and aimed at maximising shareholder participation, SEBI found evidence to the contrary. Investor complaints reveal that some bank officials exceeded their mandate by making ...

Tata Motors announced a merger of Tata Motor Finance with Tata Capital, approved by their respective boards. This aligns with Tata Motors' strategy to focus on core businesses and emerging technologies. Tata Capital will issue its equity shares to T...

As per the Election Commission of India, the ruling SKM is currently in the lead in 30 out of the 32 assembly seats in Sikkim, with the SDF ahead in one constituency. Vote counting for all 32 seats in Sikkim commenced at 6 am on Sunday, under string...

As part of the demerger, which will unlock value for its 36 lakh shareholders and also improve the capital allocation of the parent company, ITC will own 40% of ITC Hotels. The remaining 60% will be owned by ITC shareholders in proportion to their o...

Homebuyers stuck in stalled real estate projects face financial strain and uncertainty. They pay EMIs and rent while bearing the loss of opportunity cost. If you have property in a delayed or stalled real estate project, here are some things you can...

It means that as per the RBI rules, one can transfer of money up to USD 250,000 per calendar year for defined purposes. However, fees per transaction differ depending on the bank. Here is a comparison of the latest top banks’ charges for sending mon...

Sixteen domestic mutual funds, including Kotak and LIC, supported ICICI Bank's proposal to delist ICICI Securities, despite concerns raised by some shareholders. This led to a class-action lawsuit by retail investors and support from ICICI Prudentia...

Benchmark equities surged for the third consecutive day on Tuesday. PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, and Cipla are in focus for news developments and quarterly results. RVNL, Dixon, and Titagarh will also announce their ...

As per the scheme of arrangement, shareholders will get one share of Siemens Energy for every one share they hold of Siemens.

Two NGOs have requested the Supreme Court to consider their PIL for a court-monitored investigation into alleged quid pro quo involving political parties, corporations, and investigative agencies in the electoral bonds scheme. The Court acknowledged...

Election Commission cautions against blurring survey lines with beneficiary schemes, advising immediate cessation of activities creating one-to-one transactional relationships for post-election benefits and potential inducement for voting.

The move comes following an order by the National Company Law Tribunal (NCLT) to convene a meeting of the ordinary shareholders of the company.

The State Bank of India (SBI) and Flywire, a global payments enablement and software firm, have announced a partnership that would enable Indian students and SBI customers to pay tuition fees in local currency to overseas universities and colleges.

ICICI Bank wants to merge its 75% subsidiary ICICI Securities with itself offering investors 0.67 shares of ICICI Bank for every one share in ISEC.

IMF expresses displeasure over Pakistan's premature claims of meeting benchmarks. IMF team in Islamabad for review, discussing mini budget, tax collection, circular debt, and energy sector issues. Finance ministry's early announcement causes uncerta...

For several years, banks have been dependent on deep integrations and partnerships with companies like Visa and Mastercard to make credit card operations profitable for them and attractive for customers. But now, given the choice, if consumers want ...

On February 13, LetsVenture notified investors of the changes in the PPM arrangement and asked for their consent through a Google form. The platform also added that in case of no response, it will be 'deemed consent', which has further invited the i...

Prime Minister Modi will address a mega public rally, lay the foundation stone and inaugurate several projects worth Rs 11599 crore on Sunday at Veterinary College Field, at Khanapara in Guwahati.