Fortis Healthcare On Backing Munjals And Burmans In Takeover Battle
Healthy process was carried out to determine right suitor for Fortis
We believe we have had a healthy process to determine who would be the right fit
We looked at different binding views from the perspective of certainty
Looked at all bids from point of view of liquidity and continuity
Hero – Dabur Group got the maximum votes from the Board
Liquidity, certainty and risk were taken into consideration for selecting winner
Manipal deal was not the favourite among the Board
Requested resignation of Singh brothers form SRL board
Certainty required that funds flow straight into company
Shareholder meeting will be in 30 days
Two shareholders, who have over 10 percent equity, have requested EGM on May 22
Five out of eight members are relatively new to join board
Three oldest members of the board voted for Hero Manipal Group
Board meeting went on for 15 hours.
We expect the forensic audit report before the end of May
Updated02:29:23 pm
Created01:53:55 pm
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Today the 11th of May 2018
Sensex, Nifty Clock Best Weekly Gain In A Month Ahead Of Karnataka Polls
BQ Desk @bloombergquint
11 May 2018, 4:32 PM11 May 2018, 8:56 AM
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Updated04:32:36 pm
Created03:49:18 pm
Closing Bell
Indian equity benchmarks resumed upmove […]
Today the 9th of May 2018
Buy Rural Electrification Corporation at 123/ sell at 133/
today the 2nd of May 2018
Morgan Stanley Expects Power Grid And Pidilite To Be Included In MSCI India Index
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Morgan Stanley expects India’s weight in the MSCI Emerging Market index to fall 20 basis points by August, when the full impact of the inclusion of China’s A-Share index kicks in.
This is based on the assumption that weight of China A shares post inclusion […]
today the 30th of April 2018
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Sensex, Nifty Register Best Month In Over 2 Years
There is some profit-booking in Reliance, plus the market was anticipating much better numbers from Jio, he added.
Market | NDTV Profit Team | Updated: April 30, 2018 16:57 IST
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Today the 27th April 2018
Gold Jewelers in India See Cool IPO Outlook After Alleged Fraud
Swansy Afonso
27 April 2018, 12:24 PM27 April 2018, 10:55 AM
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PM Modi Is Clever, If Only He Was Lazy Too!
Attention Shareholders Of Insolvent Companies – Here’s What Your Paper’s Worth
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(Bloomberg) — Gold jewelers in India are expecting a cool reception […]
Sensex Ends Lower, Banks Lead Losses; TCS Shares Surge 7% On Positive Q4 Results
Bond yields spiked today as minutes of the central bank’s policy panel meeting stoked expectations of an interest rate hike.
Market | NDTV Profit Team | Updated: April 20, 2018 15:53 IST
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Sensex ended 11 points lower at 34,415 while Nifty slipped by 1 point to 10,564.
The […]
No Plastic Surgery, Act Your Age: Aswath Damodaran On Infosys
BQ Desk @bloombergquint
18 April 2018, 12:09 PM18 April 2018, 9:34 AM
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Global markets are entering a period of higher inflation and return of volatility, said Aswath Damodaran, professor of finance at the NYU Stern School of Business.
This will be a shift from the last decade, which was dominated by a risk-free rate and low growth combination. “These are all healthy signs,” said Damodaran, […]
Today the 20th April 2018
India Set To Get Its First 100 Billion Dollar Company In TCS
TCS in Q4 posted a net profit of Rs. 6,904 crore, beating analysts’ average estimate of Rs. 6,798 crore.
Market | NDTV Profit Team | Updated: April 20, 2018 16:53 IST
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In dollar terms, TCS reported revenue of $4,972 million, up 11.7% year-on-year.
Today 16th April 2018
Markets are slightly low now, Buy Shakti pumps at 726/ sell at 789/

