Follow
Partner with Us

MY LIST

You haven’t added any shows to My List yet.
Invesco withdraws case against Zee to pursue EGM
Invesco withdraws case against Zee to pursue EGM
00:00 / 00:00
Invesco withdraws case against Zee to pursue EGM

Invesco withdraws case against Zee to pursue EGM

Top of the Morning

In this episode, find out about income tax searches at Hero MotoCorp, also find out about HDFC bank’s acquisition of 7.8% stake in ONDC

Business Term of the Day: Share buyback
The ₹18,000-crore share buyback of Tata Consultancy Services (TCS) was subscribed more than 7.5 times on Wednesday – the last day for tendering of shares. Investors offered 30.12 crore shares during the buyback, which began 9, against the company’s offer of four crore shares. Analysts said the strong participation was because the buyback offer price of ₹4,500 was 21% above the current stock price.   Hero MotoCorp: Income tax searches at the offices Hero Motocorp Ltd and the home of its chief executive, Pawan Munjal, on Wednesday was part of a “routine inquiry”, the company said. “We at Hero MotoCorp are an ethical and law-abiding corporate, and maintain the highest standards of impeccable corporate governance,” it added.   Canada Pension Plan Investment Board is likely to sell up to 40 million shares, or 2.02% of stake, in Kotak Mahindra Bank on Thursday through block deals. The Canadian pension fund will likely raise as much as ₹7,079 crore through the stake sale. The floor price has been fixed at ₹1,681.26 – 1,769.75 apiece.   HDFC Bank: The private sector lender has acquired 7.84% stake in the open public digital infrastructure framework entity ONDC by investing ₹10 crore in the entity. ONDC was incorporated in India on 30 December 2021 and is into creating an open public digital infrastructure to develop and transform the Indian digital commerce ecosystem for both goods and services.   Zomato: The food aggregator plans to roll out more outlets across India’s top cities to scale up its 10-minute delivery service, offering easy-to-deliver items such as patties, desserts, snacks, and tea. Zomato plans to open over 40 stations in Delhi-NCR in the next 90 days, and then expand to Bengaluru and Mumbai. It will target a 1-2 km radius to fulfil the orders.   Ruchi Soya Industries: Has raised ₹1,290 crore from anchor investors ahead of its follow-on public offering (FPO). The FPO of Ruchi Soya will open for publ ic subscription on Thursday to raise up to ₹4,300 crore. The closing date is 28 March. The company offered 1.98 crore equity shares at a price of ₹650 per equity share to anchor investors on Wednesday.   Zee Entertainment’s largest shareholder Invesco on Thursday welcomed the Bombay High Court’s order against Zee as ‘an important reaffirmation of shareholder rights’. In a statement, Invesco announced that it has decided to withdraw its requisition notice that sought the removal of MD and CEO Punit Goenka from the board of ZEE. Invesco also reiterated its support for the proposed merger of ZEE with Sony . Moving on to markets Indian stock markets are likely to be under pressure in early trade today amid weak Asian equities. Nifty futures trading on Singapore exchange (SGX Nifty) was down 0.3% to 17,204. In the previous session, on Wednesday, benchmark BSE Sensex reversed its early gains to close lower by 304 points to settle at 57,684.82. The broader NSE Nifty dipped 69.85 points or 0.4 per cent to finish at 17,245.65 with 29 of its stocks ending in red.   Asian equities were lower today as traders weighed the latest developments in the Ukraine war, oil price surge and more hawkish comments from U.S. Federal Reserve officials. Brent futures were up about 45 cents, or 0.4%, at $122.05 a barrel   Business Term of the day A share buyback, also known as share repurchase, is a corporate action to buy back its own outstanding shares from its existing shareholders usually at a premium to the prevailing market price. A company might buy back its shares because management considers them undervalued. It can be an alternative tax-efficient way to return money to shareholders

04:14
24 Mar4 MINS

Available Episodes

Moody’s revises India rating outlook to stable from negative
EPISODE 116
Moody’s revises India rating outlook to stable from negative
06 Oct 2021

In this episode, find out about why Essel Group chairman Subhash Chandra is questioning Invesco’s motive behind seeking change in Zee board, also find out why big tech firms are co ... Read more

In this episode, find out about why Essel Group chairman Subhash Chandra is questioning Invesco’s motive behind seeking change in Zee board, also find out why big tech firms are coming together to form an alliance Business Term of the Day: sovereign rating Read more

RBI supersedes boards of 2 lenders of Srei Group
EPISODE 115
RBI supersedes boards of 2 lenders of Srei Group
05 Oct 2021

In this episode, find out about why France’s AXA group plans to sell entire shareholding in ICICI Lombarad, also find out why SBI is looking to raise another round of AT1 bonds Bu ... Read more

In this episode, find out about why France’s AXA group plans to sell entire shareholding in ICICI Lombarad, also find out why SBI is looking to raise another round of AT1 bonds Business Term of the Day: Additional Tier 1 bonds Read more

NTPC to raise Rs.15,000 crore via IPO in 3 units
EPISODE 114
NTPC to raise Rs.15,000 crore via IPO in 3 units
04 Oct 2021

In this episode, find out about why IT depth has imposed a capital gains tax on Grasim Industries, also find out why Indian markets are set to open in trade today Business Term of ... Read more

In this episode, find out about why IT depth has imposed a capital gains tax on Grasim Industries, also find out why Indian markets are set to open in trade today Business Term of the Day: capital gains tax Read more

RBI removes Indian Overseas Bank from PCA status
EPISODE 113
RBI removes Indian Overseas Bank from PCA status
30 Sep 2021

In this episode, find out about why RIL is defending the appointment of Saudi Aramco chairman on its board, also find out why Inveco has taken Zee to court Business Term of the Da ... Read more

In this episode, find out about why RIL is defending the appointment of Saudi Aramco chairman on its board, also find out why Inveco has taken Zee to court Business Term of the Day: unicorn Read more

Future Group gets court nod to hold shareholder meet for Reliance deal
EPISODE 112
Future Group gets court nod to hold shareholder meet for Reliance deal
29 Sep 2021

In this episode, find out about why India is pitching for a revision in sovereign rating, also find out why Sebi has put Adani Wilmar IPO on track Business Term of the Day: Credit ... Read more

In this episode, find out about why India is pitching for a revision in sovereign rating, also find out why Sebi has put Adani Wilmar IPO on track Business Term of the Day: Credit ratings Read more

Government cuts borrowing target
EPISODE 111
Government cuts borrowing target
28 Sep 2021

In this episode, find out about why BPCL is looking at divestment by March 2022, also find out why RIL is in talks to buy Glance InMobi. Business Term of the Day: Non-convertible ... Read more

In this episode, find out about why BPCL is looking at divestment by March 2022, also find out why RIL is in talks to buy Glance InMobi. Business Term of the Day: Non-convertible debentures Read more

PM Modi meets top American CEOs
EPISODE 110
PM Modi meets top American CEOs
24 Sep 2021

In this episode, find out about why Google has taken CCI to court, also find out why Accenture reported better than expected Q1 nos Business Term of the Day: Delisting Read more

In this episode, find out about why Google has taken CCI to court, also find out why Accenture reported better than expected Q1 nos Business Term of the Day: Delisting Read more

Adani ports acquires remaining 10.4% in Gangavaram Port
EPISODE 109
Adani ports acquires remaining 10.4% in Gangavaram Port
23 Sep 2021

In this episode, find out about why IDFC shareholders rejected Vinod Rai’s reappointment, also find out why Yes bank has urged Dish TV board to hold EGM Business Term of the Day: ... Read more

In this episode, find out about why IDFC shareholders rejected Vinod Rai’s reappointment, also find out why Yes bank has urged Dish TV board to hold EGM Business Term of the Day: Deposit Insurance and Credit Guarantee Corporation Read more

No fresh equity infusion in cash strapped Voda Idea: Vodafone
EPISODE 108
No fresh equity infusion in cash strapped Voda Idea: Vodafone
22 Sep 2021

In this episode, find out about why Adani Group is looking to invest $20 bn in green energy projects, also find out why global markets had a choppy trading session Business Term o ... Read more

In this episode, find out about why Adani Group is looking to invest $20 bn in green energy projects, also find out why global markets had a choppy trading session Business Term of the Day: Sustainability bonds Read more

Advent International to buy majority stake in Eureka Forbes
EPISODE 107
Advent International to buy majority stake in Eureka Forbes
20 Sep 2021

In this episode, find out about why investors will watch out for the FOMC meeting this week, also find out why Dish TV to defer AGM to seek clearance for board changes Business Te ... Read more

In this episode, find out about why investors will watch out for the FOMC meeting this week, also find out why Dish TV to defer AGM to seek clearance for board changes Business Term of the Day: annual general meeting Read more

1 … 57 58 59 60 61 … 70

Other Podcasts on News SEE ALL

Other Podcasts by Mint - HT SmartcastSEE ALL

×

COOKIES AND PRIVACY

The Website uses cookies to ensure you get the best experience on our website. If you continue browsing you will be providing your consent to our use of these.

Privacy Policy