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Total 154 results found. Search for [ hostile takeover ]

Results 1 to 21 of 154
BusinessToday.In,Ajita Shashidhar
New Delhi, October 15, 2019
Abhishek Singh, Director, Manpasand Beverages, in an interview with Business Today, has said that the allegations made against his company are 'baseless'.


Ajita Shashidhar
October 9, 2019
Though the Manpasand scam came to light only this year, Mumbai-based 2Point2 Capital had raised a red flag about the company way back in 2016


Ajita Shashidhar
October 3, 2019
While other beverage companies hire expensive celebrities to endorse brands, Dhirendra Singh, Chairman of Manpasand Beverages, settled for a modest Sunny Doel, who he believed had a tremendous fan-following in smaller markets where he sold his beverages


Nevin John
New Delhi, October 2, 2019
The Ford-Mahindra deal is valued at Rs 1,925 crore; both companies have transferred a debt of Rs 636 crore in the JV, besides contributing an equity of Rs 1,289 crore


BusinessToday.In
New Delhi, October 1, 2019
In the joint venture (JV), Mahindra will own 51 per cent controlling stake while Ford will hold a 49 per cent shares in the new entity. Ford will transfer its India operations to the joint venture, including its personnel and assembly plants in Chennai and Sanand


BusinessToday.In
New Delhi, October 1, 2019
Manpasand Beverages also informed the exchange that its three directors - Bipin Rathod, Uday Kamath and Jitendra Dhivare - have resigned with immediate effect


BusinessToday.In
New Delhi, July 17, 2019
Last month, Mindtree board had approved induction of five L&T's nominees as directors into the company's board, including L&T's Chief Executive Officer (CEO) and Managing Director S N Subrahmanyan and its Chief Financial Officer (CFO) Ramamurthi Shankar Raman


Rukmini Rao
July 15, 2019
While Wipro will see an end of an era as Azim Premji will retire as its chairman, Mindtree, recently taken over by L&T, stares at a rather stormy session


Rukmini Rao and Goutam Das
New Delhi, July 8, 2019
L&T completes the first successful hostile takeover in Indian IT as Mindtree braces for volatility


BusinessToday.In
New Delhi, July 6, 2019
Executive chairman Krishnakumar Natarajan, executive vice chairman & chief operating officer (COO) N S Parthasarathy, and managing director & chief executive officer Rostow Ravanan submitted their resignations as board members as well as employees of the company


PTI
July 3, 2019



BusinessToday.In
New Delhi, July 3, 2019
According to data available with Bombay Stock Exchange, L&T was holding 9,87,79,179 equity shares in Mindtree as of July 2, 2019


Rukmini Rao
Mumbai, July 3, 2019
After the hostile takeover by L&T, a management change and a board are rejig are likely to happen at Mindtree. A merger between the two companies is eminent too, in mid-term if not in near future.


Reuters
New Delhi, June 25, 2019
The report comes within months of Mindtree rejecting a hostile takeover bid from L&T, saying that the plan was of no value for the firm or its shareholders


Rukmini Rao
June 21, 2019
Even though the promoters of Mindtree once vehemently opposed the takeover by L&T, the appointment of new additional directors from L&T on Mindtree's board has come through a board resolution


BusinessToday.In
June 7, 2019
The open offer, at Rs 980 per equity share, will close on June 28, 2019. The open offer price is Rs 11.55 higher than today's closing price of Rs 970.54 on BSE.


PTI
June 2, 2019



PTI
May 30, 2019



PTI
May 29, 2019



PTI
New Delhi, May 26, 2019
The development assumes significance as L&T has already acquired around 20% stake in the mid-sized IT firm from V G Siddhartha and Cafe Coffee Day and is keen to increase its shareholding up to 66%


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