GAGA Share Market News

[hfe_template id='11223'] [ad_1] Domestic markets edged higher for the second consecutive week, moving closer to record highs, supported by favorable cues. In today's trade, shares of Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp among others will be in focus due to various news developments. Transport Corporation Transport Corporation of India announced that it will conduct its first-ever buyback of its equity shares worth up to Rs 160 crore. Trent, BEL, LTIMindtree Tata Group's lifestyle company Trent (Trent) and state-run Bharat Electronics (BEL) are the latest inclusion into the Nifty 50 index while LTI Mindtree (LTIM) and Divi's Laboratories have made an exit. Vodafone Idea Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE's various indices. Reliance Power Anil Ambani had resigned from the board of directors of Reliance Infrastructure and Reliance Power pursuant to...

[hfe_template id='11223'] [ad_1] New Delhi, Shareholders and non-convertible debenture (NCD) holders of IDFC First Bank have approved a proposal to merge parent IDFC Ltd with the lender. The National Company Law Tribunal (NCLT) convened a meeting on May 17 through video conferencing and other audio-visual means to consider and approve the composite scheme of amalgamation for IDFC First Bank, the bank said in a regulatory filing. The board of the bank presented the result of voting on the proposal for amalgamation before the NCLT. "We wish to inform that the resolution approving the Scheme was passed by the overwhelming majority of 99.95 per cent of the equity shareholders, representing more than three-fourths in value of the equity shareholders of the bank voting through remote e-voting and e-voting during the meeting, in terms of the provisions of Sections 230-232 of the Companies Act, 2013," the lender said. In a separate filing, it said the proposal was pass...