Sat, Jan 30, 2021 8:10 PM
Meesho Founders facing a police probe in alleged fake luxury goods case
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The majority shareholders of IDFC First Bank have approved the amalgamation of IDFC Ltd with the bank at a meeting convened by the Chennai bench of the National Company Law Tribunal, the bank informed the stock exchanges on May 17."We wish to inform that the resolution approving the Scheme was passed by overwhelming majority of 99.95 percent of the equity shareholders.
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Stock market today: Domestic equity benchmark indices, the Sensex and Nifty 50, ended the trading day on Saturday with gains continuing their recent three-day surge on the back of new inflows of foreign funds and amid positive global cues. In the second special trading session trading , the 30-share BSE Sensex ended at 74,005.94, up 88.91 points, or 0.12%. The NSE Nifty 50 rose to 22,502.00.
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Nestle India share price rallied over 3% on Saturday after the company’s shareholders rejected a proposal to increase the royalty payments to its Swiss parent. Nestle India share price gained as much as 3.01% to ₹2,518.95 apiece on the BSE.According to a stock exchange filing, about 70.8% of public shareholders of Nestle India voted against the company’s proposal to increase royalty payments.
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