Troubled by developments relating to its bid for Fortis, Malaysia-based IHH Healthcare Berhard is seeking a meeting with the Fortis board and minority investors to explain its position. There are high chances that IHH could push for a hostile bid. Shantanu Guha Ray joins us with details.
After PNB, SBI is also likely to post a loss for the January to March quarter in FY18. To get the expectations from the quarter result, we caught up with Lalitabh Srivastava, Banking Analyst at Sharekhan.
Vivek Nirmal,CEO at Prabhat dairy that they target a revenue of about 2,000 Cr rupees in the next two years.
TV Narendran, MD at Tata Steel says seeking response from NCLAT is not a hindrance and have to submit reply to NCLAT by May 30 on some allegations.
Ashok Leyland slumps in trade despite a strong Q4. We spoke to Gopal Mahadevan, CFO at Ashok Leyland who said that their capex plan for FY19 would be about 1,000 Cr rupees.
CLSA bets big on consumption stocks, delivers a report with top 10 picks form the consumption pack with M&M, ITC and Emami being the top three bets. Neha Tyagi gets us the complete details.
Bhushan Steel resolution brings cheer to lenders. PSU banks gain on writeback relief from the account. SBI Chairman tells BTVI exclusively that they have recovered 76% of outstanding exposure. Nivrita Ganguly sheds more light on this.
Dipen Sheth of HDFC Securities says impact of rising crude can be balanced by a good monsoon and consumer & IT companies have performed very well in Q4.
On this episode of Call BTVI, our experts Gaurang Shah and Hemen Kapadia discuss trades in various industries.
To Consider Fund Raising Via Shares, Bonds On May 24
Adani-Wilmar JV Competes Patanjali To Buy Entire Stake Of Co
Deal Valued At Around Rs 5,000 Cr
Economic Times Reports
Fortis Faces MCA Probe ahead of EGM
Director General to look into mismanagement charges
3 Directors nominated by promoters to quit the Board on May 22
Govt may take over the co if mismanagement reported
Business Standard Reports
Bharti's Cedar Svcs May Sell Stake Of 9.23% In Future Retail & Ent
Deal Size Valued At Rs 2,500 Cr
Economic Times Reports
Acquires Foodworld Supermarkets At Rs 40 Cr
Foodworld OSouthern India
Expects acquisition to be completed within 10-12 weeks