In order to fund potential acquisitions, Nicholas Piramal India Ltd will raise $1.5 billion through issue of securities in domestic and international markets.
The shareholders have been asked to vote on the proposals, which were approved by the board at the meeting on December 19, through postal ballot by February 11 and the results would be announced on February 13, the bank said in a notice to its shareholders. As per the proposals, Kamath would replace N Vaghul as the bank's non-executive chairman, after he retires on completion of his current term on April 30.
It will be clear whether the voters preferred the Chief Minister K Chandrasekhar Rao-led regime for a third term or the "six guarantees" by the Congress worked any miracles or the BJP's BC chief minister 'mantra' wooed the electors or if there will be a fractured verdict, by tomorrow evening.
The election is likely to witness a three-cornered contest involving the ruling Aam Aadmi Party, the Bharatiya Janata Party and the Congress.
Infosys Technologies has announced the appointment of Deepak Satwalekar, managing director & CEO of HDFC- Standard Life Insurance, as the lead independent director in line with the company's commitment to good corporate governance practices.
As the voting process for the new Conservative Party leader formally opened with postal ballots being mailed out to Tory members from Monday, Rishi Sunak vowed to cut the basic rate of income tax by 20 per cent in a few years if he is elected Britain's prime minister.
The Indian Army's Northern Command would be stretched if all three of the corps under it -- based in Leh, Srinagar, and Nagrota (near Jammu) -- were to face hostilities, notes David Devadas.
Standard Cables Ltd has informed BSE that the board of directors of the company at its meeting held on January 11, 2003 have decided, subject to the approval of shareholders through postal ballot, to sell all movable and immovable assets of the co.
Jai Mata Glass members authorise company undertaking sale.
A group of five people, including candidates but excluding security personnel, is allowed to take part in door-to-door campaigning.
Nearly 88 per cent of voting was recorded in the one-day Tripura assembly elections, which were "largely peaceful', a senior EC official said on Friday.
The former Congress president also tagged a post by Tesla CEO Elon Musk in which he talked about eliminating EVMs.
Officials said the polling went off peacefully in all segments including special polling stations along the International Border and Line of Control (LoC) with no untoward incident reported from anywhere.
If implemented after stakeholder consultations, migrant voters do not need to travel to their home district to exercise their franchise.
The ruling Congress on Thursday swept the Shimla Municipal Corporation (SMC) polls with a two-third majority by winning 24 wards out of the total 34, wresting the prestigious civic body from the BJP.
In 2019, the voter turnout saw a decreasing trend from the first to the seventh phase, which took place on Sunday.
A total of 74,44,260 voters will exercise their franchise using ballot papers to elect their representatives.
They said this was preliminary voter turnout and the final figure may cross 80 per cent as electoral fate of 301 candidates were locked in EVMs which will be opened on March 10 for counting.
Infosys has cash in excess of $6.1 billion, which would come down by one-third after the payouts.
Rishi Sunak tightened his grip on the race to replace Boris Johnson as Conservative Party leader and British prime minister as he bagged 101 votes to again emerge as the winner of the latest voting round on Thursday.
The buyback is proposed to be made from the shareholders of the company on a proportionate basis under the tender offer route using the stock exchange mechanism.
Shareholders have given approval to the appointment of Ambani scions Akash, Isha and Anant on board of Reliance Industries, the company said in a stock exchange filing.
This was the first general election in the valley after the abrogation of Article 370 and the enactment of the Jammu and Kashmir Reorganisation Act, 2019, the EC said in a statement.
Political parties and leaders wait with bated breath for the Haryana and Jammu-Kashmir assembly poll results on Tuesday.
The 42-year-old British Indian MP for Richmond in Yorkshire maintains his lead in the race to replace Boris Johnson as nominations formally opened for the contest.
Scripting history, the Bharatiya Janata Party on Friday emerged victorious for the first time from the Ladakh seat with its candidate Thupstan Chhewang defeating Ghulam Raza by a slender margin of 36 votes.
Accusing Union Ministers Beni Prasad Verma and Kapil Sibal of vitiating the election campaign, the Bharatiya Janata Party on Tuesday approached the Election Commission seeking strong action against them for making "baseless" allegations against its leaders.
Sunak, 42, has consistently topped the shortlist since voting began last week and on Monday he bagged 115 votes in the third round, which leaves only four candidates in the race.
The term of the 243-member Bihar legislative assembly comes to an end on November 29.
IT services major Wipro on Tuesday posted 3.4 per cent decline in consolidated net profit to Rs 2,465.7 crore for the quarter ended September 30, and said its board has approved up to Rs 9,500 crore buyback plan. The Bengaluru-based company, which had registered a net profit (attributable to equity holders of the company) at Rs 2,552.7 crore in the year-ago period, has priced the buyback programme at Rs 400 per share.
The Leh deputy commisioner who drew army headquarters's attention is a highly regarded IAS officer, whose father is Election Commissioner Ashok Lavasa.
The race to replace Boris Johnson as the Conservative Party leader and the British prime minister entered the final countdown stage on Friday, when voting officially closes for Tory members to choose between former chancellor Rishi Sunak or Foreign Secretary Liz Truss.
Counting of votes will be held on Sunday in assembly polls in Madhya Pradesh, Rajasthan, Chhattisgarh and Telangana in what is seen as a semi-final contest ahead of the general elections in less than six months.
The UK's prime ministerial race frontrunner, Rishi Sunak, spoke of his pride in what his Indian parents-in-law -- Infosys co-founder Narayana Murthy and Sudha Murty -- had achieved, as he fought back over media commentary around wife Akshata's family wealth.
Polling will be held on November 17, 20, 24, 27 and 29 and December 1, 4, 8 and 11 from 8 am to 2 pm.
The 42-year-old British Indian politician acknowledges "playing catch-up" to Liz Truss in the race as he continues his campaign tour of the UK to win over Conservative Party members' votes.
The crux of the UK prime ministerial frontrunner Rishi Sunak's message was around honesty as he clashed with his four remaining rivals in the first televised debate of the race to replace Boris Johnson as the Conservative Party leader.
There was no clear winner between former chancellor Rishi Sunak and Foreign Secretary Liz Truss on Tuesday after the UK's prime ministerial candidates went head-to-head in their first television debate as finalists and clashed fiercely on their economic policies and tax plans.
Regulator seeks clarification on transfer of convertible debt after merger