Tata Group’s ecommerce flagship Tata Digital is increasing its authorised share capital from Rs 15,000 crore to Rs 20,000 crore, as per a regulatory filing last week, setting the stage for fresh capital infusion by its parent Tata Sons. Tata Digital has already taken board approval in the last one month to receive investment of … Read more
NEW DELHI: Cash-strapped Lakshmi Vilas Bank (LVB) on Monday said its board will meet later this week to consider issuance of shares on rights basis to existing shareholders. “A meeting of the board will be held Thursday, October 15, 2020 to consider and approve the issue of securities of the bank to existing shareholders of … Read more
NEW DELHI: Debt-ridden telecom operator Vodafone Idea on Monday said it will seek shareholders’ approval to raise borrowing limit to Rs 1 lakh crore, at the annual general meeting (AGM) scheduled to be held on September 30. Shareholders of the company, which was earlier listed as Idea Cellular, had approved a borrowing limit of Rs … Read more