E-PaperPromoter Shareholding News
Increase in minimum level of public shareholding may be a concern: Analysts
It is likely to be a concern for several listed companies with promoter shareholding at around 75%, especially MNCsPromoters may explore options to delist such companies
1 min read5 Jul 2019HC to hear Kotak Bank’s plea on stake dilution in March
Reserve Bank of India has sought more time from Bombay high court to file its reply to the writ petition filed by the Uday Kotak-controlled Kotak Mahindra Bank.
1 min read18 Jan 2019The mutiny of an elite banker and the surrender of another
While Bandhan Bank's Chandra Shekhar Ghosh is surrendering to RBI on promoter shareholding norms, Kotak Mahindra Bank's Uday Kotak is suing the central bank
3 min read11 Jan 2019HDFC is the biggest winner in Bandhan-Gruh Finance merger
That Bandhan Bank is paying top dollar for Gruh Finance has to do with the latter's parentage: HDFC owns 57.8% of the company
2 min read8 Jan 2019Bandhan Bank buys Gruh Finance in all-stock deal, shares fall
The Bandhan-Gruh merger will result in HDFC's shareholding falling to around 15.44% in Gruh Finance and Bandhan Financial's shareholding will come down to around 60.27% in its bank
4 min read9 Jan 2019Kotak misses deadline to cut stake
Uday Kotak, founder of Kotak Mahindra Bank, on Monday missed the 31 December deadline set by the Reserve Bank of India (RBI) to cut his holding to 20%
2 min read31 Dec 2018No relief for Kotak Bank on promoter shareholding, shares fall
Kotak Mahindra Bank shares declined as much as 3.2% to hit a low of 1,215.10 per share
1 min read17 Dec 2018Why Uday Kotak’s defiance is scaring his bank’s investors
Kotak Mahindra Bank's move to take RBI to court over the promoter shareholding issue is likely to buy the bank time, if it's successful in getting a stay
2 min read11 Dec 2018Kotak Bank takes RBI to court over promoter shareholding issue
Kotak Mahindra Bank promoter Uday Kotak was barred from reducing stake via preference share issue
3 min read11 Dec 2018Uday Kotak stake in his bank has investors on edge
While Kotak Mahindra Bank has its conversations with the regulator, investors are left wondering which way the outcome will swing
2 min read28 Nov 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared