Fortis said Hero Enterprise Investment and Burman Family have extended the validity of their improved, joint binding offer to invest Rs 1,500 cr in the company till May 4.
At 0832 GMT, the FTSE 100 was down 0.1 percent while most European bourses also traded in negative territory.
Capita is raising 700 mn pounds to reshape a business that Lewis said had failed to adequately control costs and had grown unwieldy through acquisitions.
World stocks slipped as investors braced for a blizzard of earnings from the world’s largest firms, while keeping a wary eye on US bond yields as they approach peaks.
Around 1.18 p.m., the wider Nifty50 of the National Stock Exchange (NSE) rose by 52.90 points or 0.50% to trade at 10,616.95 points.
Steel Ministry To Announce Scrap Policy This Year
Draft Scrappage Policy Allows Benefits For Vehicles Older Than 20 Yrs
Steel Secy Arun Sharma Says Policy Will Be Out By December 2018
Scheme Will Come In Effect From April 2020
Telenor India Eyes Bankruptcy Filing, Merger Plan With Airtel May Take Hit
Legal Tussle Over Bank Guarantee Could Also Delay Govt Approval
Economic Times Reports
Lenders To Meet Today To Decide On Essar Steel
CoC May Give Time To Arcelor And Numetal To Rectify Bids
Business Standard Reports
IPO under SEBI scanner
SEBI has sought details of investment made by ICICI Prudential MF
Had to cut its IPO Size To Rs 3,520 Cr from original target of Rs 4,017 Cr
A large chunk was bought by ICICI MF
ICICI MF is ICICI Securities largest public shareholder with 3.82% stake
Board approves proposal for corporate restructuring
Move aimed at simplifying & clarifying structure & holdings
To focus on travel, forex, destination mgmt & portfolio investments
Restructuring will consolidate HR services into Quess Corp
Shareholders will receive 1,889 shares of Quess for every 10,000 Shares Held in Co