The board of the IT company had met on Wednesday too, but no decision was taken on the agenda item at hand - the proposed buyback of equity shares - and the firm had informed the stock exchange that the meeting has been adjourned to a future date.
Pierer Industrie in talks with Bajaj Auto for 48% stake in KTM
«Pierer Industrie AG and Bajaj will now evaluate the proposals in detail. The transaction decision is targeted to be made in the second quarter of 2019,» Bajaj Auto said in a regulatory filing on Thursday.
Reliance sends fuel from India, Europe to Venezuela to sidestep US sanctions
Reliance had been supplying alkylate, diluent naphtha and other fuel to Venezuela through its U.S.-based subsidiary before Washington in late January imposed sanctions aimed at curbing the OPEC member#39;s oil exports and ousting Socialist President Nicolas M
IndiGo continues to recruit expat and #39;out-of-job#39; pilots
William Boulter, Chief Commercial Officer of IndiGo, said on Wednesday here, «We continue to engage in recruitment efforts both for expats (pilots) and for the pilots who might be out of job in India to join us.»
IndiGo launches Delhi-Istanbul flight; plans for wider global expansion
William Boulter, Chief Commercial Officer of IndiGo said Wednesday here, «We are looking very seriously into other points in South East Asia, notably the obvious ones of Vietnam and Myanmar. We also want to operate shortly to Saudi Arabia on the west si
ThyssenKrupp applies for EU extension on Tata Steel merger talks
The Commission had opened an «in-depth» investigation into the proposed merger in October last year and noted its concerns that the deal between the two steel majors may reduce competition in the supply of various high-end steels.
China tariffs may remain for #39;substantial period#39;: Donald Trump
«We are talking about leaving them for a substantial period of time,» Trump told reporters at the White House, a week before US and Chinese officials are due to begin a fresh round of talks in Beijing.
Gold near 3-week peak on dovish Fed; palladium at record high
Gold rose on Thursday, trading close to a three-week peak hit in the previous session after the US Federal Reserve phased out a possibility of an interest rate hike this year, while palladium scaled a record peak on supply issues.
Fed announces plan to end balance sheet runoff in September
By September, the US central bank said its current practice of allowing up to $50 billion of Treasuries and mortgage-backed securities (MBS) to roll off its balance sheet each month will come to an end if the economy evolves «about as expected.»
Hit by financial troubles, Jet Airways#39; pilots appear for interviews at SpiceJet
Sources told Moneycontrol that 260 pilots, including 150 captains, came for the interviews organised at Mumbai for Boeing 737 rated captains, non-type rated captains and first officer with frozen airline transport pilot licence
Embassy Office Parks#39; issue subscribed 2.6 times on final day of bidding
Embassy Office Park, the joint venture of Blackstone and realty firm Embassy Group, raised Rs 2,619 crore from anchor and strategic investors ahead of its initial issue, which opened on Monday and closed on Wednesday.
Oil edges up on ongoing supply cuts, but slowing economy drags
International Brent crude oil futures were at $67.74 a barrel at 0700 GMT, up 13 cents, or 0.2 percent, from their last close. Brent on Tuesday touched its highest since November 16 at $68.20 a barrel.
Sebi asks exchanges dealing in agri-commodity derivatives to create fund for farmers, FPOs
In September last year, the regulator had decided to levy a nominal fee of Rs 1 lakh per exchange instead of levying charges based on turnover slab rates and proposed to set up a fund with the fee foregone by it.