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Amalgamation scheme: Tata Power shareholders#39; meet on February 19

2018-01-17 moneycontrol
Tata Power on Wednesday said it will convene shareholders' meeting on February 19 to seek approval for the proposed amalgamation of four group entities with the company.

Tata Power shareholders’ meet on Feb 19

2018-01-17 thehindubusinessline
Tata Power today said it will convene shareholders’ meeting on February 19 to seek approval for the proposed amalgamation of four group entities with the company.

Amalgamation scheme: Tata Power shareholders’ meet on 19 February

2018-01-17 livemint
New Delhi: Tata Power on Wednesday said it will convene shareholders’ meeting on 19 February to seek approval for the proposed amalgamation of four group entities with the company.

Tata Sons in talks to raise $1.5 billion via external commercial borrowings

2018-01-17 livemint
Mumbai: Tata Sons Ltd, the holding company of the Tata group, is looking to raise up to $1.5 billion in external commercial borrowing (ECB) in the next few weeks, two people directly aware of its fund-raising plans said. (23-0)

Tata group hires EY to explore sale of oil and gas business

2018-01-16 livemint
Mumbai: The Tata group has hired EY to explore the sale of Tata Petrodyne Ltd (TPL), its oil and gas exploration and production business, two people aware of the development said.

Sebi to vet Tata Sons bid to go private, evaluate minority interest

2018-01-16 business-standard
The Securities and Exchange Board of India (Sebi) is looking at whether Tata Sons’ plan of becoming a private limited company from a public one would impact shareholders, especially minority shareholders of listed Tata entities that own shares in Tata Sons. If the company were to become a private one there would be restrictions on these listed firms to sell or transfer their stake to any entity. Tata Sons shareholders had voted in favour of going private and the resolution was cleared with a majority during the annual general meeting (AGM) on September 21 last year. (15-0)

Closing Bell: Sensex ends over 70 points lower, Nifty at 10,700; midcaps correct

2018-01-16 moneycontrol
3:30 pm Market at Close: Benchmark indices ended the session on a negative note, with the Sensex ending over 70 points lower. (23-0)

Market Live: Sensex, Nifty continue to be rangebound; PSU banks, metals correct

2018-01-16 moneycontrol
2:45 pm Market Check: The market is trading rangebound, with the Sensex and Nifty trading around 34,800 and 10,700 levels. Weak rupee and rising bond yields has weighed on indices. But the currency’s weakness has pushed up IT stocks. Infosys and Wipro are the top gainers on both indices. Midcaps, PSU banks and auto stocks have seen a correction. (23-0)

Market Live: Sensex trades in the green, Nifty hovers around 10,750

2018-01-16 moneycontrol
1:08 pm Market Check: Market has turned choppy in the afternoon trade, with the Sensex trading around 20 points lower. The Nifty is trading just above 10,700. (23-0)

Tata Sons mandates Adfactors to manage public relations of its major firms

2018-01-15 business-standard
Tata group has mandated PR agency Adfactors to manage public relations and communications for some of the conglomerate's major companies, including Tata Sons, Tata Trust and TCS. The mandate, which will take effect from February 1, is for some of the Tata group firms including Tata Consultancy Services, Tata Steel, Tata Chemicals, Indian Hotels, Tata Power, Tata Global Beverages and Titan, as well as Tata Sons and Tata Trusts, Adfactors said in a statement. (20-0)

What changed for the market while you were sleeping? 15 things you should know

2018-01-15 moneycontrol
A roller-coaster ride for investors but late buying by the bulls pushed the index to record closing high on Nifty which resulted in a ‘Dragonfly Doji’ type of pattern on the daily candlestick charts. (12-0)

Firdose Vandrevala joins Sterlite Power#39;s advisory board

2018-01-11 moneycontrol
He will be responsible for advising the board and senior management on matters of talent, strategy and operations, a statement said.

Two Mistry firms' counsel submit documents to NCLT to prove mismanagement

2018-01-09 business-standard
Two Mistry family firms on Tuesday presented to the Mumbai Bench of the National Company Law Tribunal (NCLT) what they referred to as “documentary evidence” to prove “mismanagement” at Tata Sons. The NCLT was hearing a plea by Cyrus Investments and Sterling Investments, which have been fighting Tata Sons since Cyrus Mistry’s removal as chairman of the holding firm in October 2016. The Mistry firms’ counsel Aryama Sundaram presented to the Bench copies of emails, letters, etc to prove the charges. (3-0)

Mumbai gets 2 more electric vehicle charging stations at Lower Parel Kurla

2018-01-09 moneycontrol
Tata Power opened two new electric vehicles' (EV) charging stations, both in malls - in Kurla's Phoenix Market City and in Lower Parel's Palladium Mall, reports the Times of India. 

Adani arm breaks into global top 15 list of solar power developers

2018-01-08 thehindubusinessline
Adani Renewables, a unit of Adani Group, has broken into the global utility scale top 15 solar photo voltaic (PV) developers which are active in more than one country, according to GTM Research, the market analysis and consulting arm of Greentech Media, said in a December 2017 report.