Etihad Airways board will meet on 31 March to take a final decision on either investing in Jet Airways or exiting it completely.Etihad Airways has sought a guarantee from lenders for offering more credit to Jet Airways after the equity infusion
CEO Rostow Ravanan denies that some of Mindtree's independent directors have asked the board to consider L&T hostile takeover bid.L&T wants to boost its holding in Mindtree to 26%, which will trigger an open offer, and get a seat on Mindtree’s board
With this pledge, the total pledged shares by the promoter entity stands at 35.37% of the total share capital in the company.Reliance Infrastructure's lender IndusInd Bank had invoked 50 lakh pledged shares, or 1.96% stake, in the company on March 8
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