United Spirits, the flagship spirits firm of UB Group owned by billionaire Vijay Mallya, has said that it has got the required legal approval for merger of Shaw Wallace into United Spirits. United Spirits during...
CLB authorises Mahindra Satyam to allot shares
The Company Law Board has authorised Mahindra Satyam to allot 19,86,58,498 equity shares of Rs two each to Venturebay. "The company (Mahindra Satyam) is authorised to issue and allot...
SBI’s consolidation proposal hits union hurdle
The Centre has advised the State Bank of India not to pursue with the Reserve Bank of India the issue of acquisition of State Bank of Indore. Instead, the Government has now asked the SBI management to invite bank...
Neyveli Lignite workers oppose Centre’s move to sell 10% equity
Workers in Neyveli Lignite Corporation (NLC) staged one-day hunger fast today, opposing Centre’s move to sell 10 per cent of the company’s equity. A large number of DMK trade union...
UCO Bank to pick 30% in general insurance venture
UCO Bank today said it will tie up with domestic and foreign entities to float a general insurance company, in which the Kolkata-based lender will pick up 30 per cent stake. "We would be picking up 30 per cent...
PartnerRe to buy rival Paris Re in $2 bn deal
Bermuda-based reinsurer PartnerRe said late on Sunday it will acquire smaller rival Paris Re in a $2 billion deal that catapults the company into the No. 4 spot among global reinsurers. PartnerRe Chief Executive Patrick...
Satyam shareholders rebuff Tech Mahindra’s open offer
Shareholders of Satyam have rebuffed the open offer made by IT firm Tech Mahindra as only 4,20,915 shares, or 0.1 per cent stake, in the company were tendered in the offer. IT firm Tech...
HCL Infosystems – Updates on Scheme of Amalgamation
HCL Infosystems Ltd has informed BSE that the Hon’ble High Court of Delhi and Rajasthan have vide their respective orders dated August 11, 2008 and May 29, 2009, sanctioned the Scheme of Amalgamation...
United Spirits – Updates on Scheme of Amalgamation
United Spirits Ltd has informed BSE that as informed earlier vide letter dated January 16, 2009, the Scheme of Amalgamation of Shaw Wallace & Company Ltd ("SWC") and Primo Distributors Pvt Ltd...
Anukaran Commercial – Open Offer
SMC Capitals Ltd (formerly known as Nexgen Capitals Ltd ("Manager to the Offer") on behalf of Mr. Premal S Parekh, Mrs. Neha P Parekh, Mr. Paras K Mehta, Mr. Parag K Mehta, Mrs. Hansa P Shah, Mr. Kushal P...
Vybra Automet – Open Offer
VC Corporate Advisors Pvt Ltd ("Manager to the Offer") on behalf of M/s Mandakini Holdings Pvt Ltd ("Acquirer") has issued this Public Announcement ("PA") to the Shareholders of Vybra...
United Spirits – Updates on Scheme of Amalgamation
United Spirits Ltd has informed BSE that as per the Scheme of Amalgamation between Shaw Wallace & Company Ltd (SWC), Primo Distributors Pvt Ltd (Primo) and United Spirits Ltd (USL), the share exchange ratio for the...
