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Standard Life to sell 2.82% HDFC AMC stake

Mumbai, June 16 -- Standard Life Investments Ltd, one of the promoters of HDFC Asset Management Co. Ltd, will offload a 2.82% stake in the fund house through an offer for sale, it said in a stock exch... Read More


Tata group may cut salaries of senior management by 15-20%

Mumbai, June 16 -- Tata group companies are exploring 15-20% salary cuts for the senior management to tide over the impact of the coronavirus-induced economic slowdown on their businesses. The decisi... Read More


Tata companies may cut senior managerial pay by 15-20%

Mumbai, June 16 -- Tata Sons and its group companies are examining the prospect of cutting salaries of key managerial personnel and senior management by about 15-20% to alleviate the impact of the eco... Read More


Tata firms entered into related-party deals, Mistry tells SC

Mumbai, June 16 -- Cyrus Mistry, the ousted chairman of Tata Sons Ltd, has accused the Tata group of related-party transactions that he claimed were designed to benefit a select few. Mistry made the ... Read More


Sebi may allow work from home for brokers

Mumbai, June 15 -- The stock market regulator is planning to scrap an old rule preventing brokers from operating trading terminals from locations other than those reported to the exchange, two people ... Read More


Sebi begins exploring whether trading from home can be permanent

Mumbai, June 15 -- Market regulator Securities and Exchange Board of India (Sebi) is re-examining an old rule which prevented stock market brokers from operating trading terminals from locations other... Read More


Squat on Western-style toilet to achieve five-digit stock price: Mitsui Mining

Mumbai, June 14 -- A bizarre yet interesting shareholder proposal was floated by Japanese company Mitsui Mining and Smelting Co Ltd. As per the summary of Company's 95th annual general meeting a share... Read More


My concerns over Tata's investments are now a reality, Mistry tells SC

MUMBAI, June 14 -- Ousted Tata Sons Chairman Cyrus Mistry has questioned Tata group's continued investments in the latter's several unprofitable businesses and projects including the Nano and Tata Ste... Read More


My concerns over Tata's investments are now reality, Mistry tells Supreme Court

MUMBAI, June 14 -- Ousted Tata Sons Chairman Cyrus Mistry has questioned Tata group's continued investments in the latter's several unprofitable businesses and projects including the Nano and Tata Ste... Read More


Vodafone Idea makes interest payment to mutual funds

MUMBAI, June 14 -- Mutual fund schemes, which had segregated their Vodafone Idea Ltd exposure in side pockets, have received interest payments from the telecom firm on 12 June. While the side pockets... Read More