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The pandemic and the consequent stay at home, work from home, and education from home requirements forced the consumers to reassess their home setup and environment.

Central Bank Of India To Seek Shareholders' Nod To Set Off Accumulated Loss Of Rs 18,724 Cr

Share premium balance is a reserve that can only be used for the defined purposes. A share premium account reflects the difference between the face value of shares and the subscription price of the shares.

Consent Of Majority Of Shareholders Needed For Shutting Down Debt Schemes: SC

Economy

A bench of justices S Abdul Nazeer and Sanjiv Khanna dealt with the interpretation of rules and regulations on the issue, and not with the facts of the case related to the winding up of the six mutual fund schemes of Franklin Templeton.

JSW Energy To Seek Shareholder Nod To Raise Up To Rs 5,000 Cr

The proceeds from the issuance were to be used towards repayment of existing green project-related Rupee denominated indebtedness.

Zomato IPO Opens On July 14 At Price Band of Rs 72-76/Share

The listing of Zomato in the Indian equity market will result in the first-ever listing of such unicorn and will also become the largest IPO after SBI Cards(Rs 10,355 crore) launched in March 2020. Zomato plans to raise Rs 9,375 crore

Chinese Nationals Step Down From Paytm Board Ahead Of Planned IPO; No Change In Shareholding

Paytm is expected to seek shareholders' approval on July 12, to raise up to Rs 16,600 crore through its initial share sale, giving it a valuation of over Rs 1.78 lakh crore, a source said.

Reliance Infra Gets Shareholders Nod To Raise Up To Rs 550.56 Cr Via Preferential Allotment

The shareholders of Reliance Infrastructure have also approved with overwhelming majority, the raising of funds by issue of foreign currency convertible bonds (FCCBs) up to 24 per cent of the fully diluted equity share capital of the company

Demand For Chemicals Expected To Reach Pre-Covid Levels This Fiscal: Chandrasekaran

In terms of key achievements during the year in basic chemistry we had highest sales of salt which cross 1.5 million tonnes between India and the UK, where we retain our leadership position

Tata Steel Transfers Stake In HSMS, TSAML To Subsidiary Cos

Companies & Markets Sector Reports Steel

It has also transferred its 100 per cent stake held in Tata Steel Advanced Materials Limited (TSAML) to another subsidiary company Tata Steel Downstream Products Limited (TSDPL).

Equitas Small Finance Bank To Waive Non-Maintenance Charges Across CASA Accounts

Equitas SFB will be one among the first private sector banks to waive off NMC across CASA (current account, savings account), thereby making banking simple and limitless'

Indian Bank Executive Dir K Ramachandran Demits Office; Central Bank Gets New Shareholder Director

Banking & Finance

Shares of Indian Bank closed 2 per cent down at Rs 142 apiece on BSE. Central Bank of India scrip ended 0.89 per cent lower at Rs 27.85.

GR Infraprojects IPO To Open On Jul 7; Price Band Set At Rs 828-837/Share

The issue will be a complete offer for sale (OFS) of 1,15,08,704 equity shares by promoter and investor selling shareholders.

Aim To Be World's Most Profitable Luxury Carmaker: JLR CEO

The company would simplify its architecture strategy and re-organise its manufacturing footprint, placing quality and sustainability at the heart of everything it does

After Air India, Cairn To Target More State Cos To Recover Money Due From Govt