IT major Wipro will be dropped from the National Stock Exchange's benchmark index Nifty from April 1 as its non-IT businesses are hived off into a separate unit. "A corporate action like our demerger of a listed company would generally result in a short-term withdrawal of the scrip from the index as it has been happening in the past where such corporate action had been initiated. We expect restoration of...
10:21 AM, Feb 14, 2013
As per the scheme, Bajaj Auto's various businesses would be demerged into two newly incorporated subsidiaries. ...
11:33 PM, May 20, 2007
The Bajaj Auto board on Thursday approved a scheme to demerge its non-auto business from the flagship company. ...
01:28 AM, May 18, 2007
The Bajaj brothers on Tuesday tried to play down reports on an imminent demerger of the company, ...
11:35 PM, Feb 13, 2007
The Bajaj empire is heading towards a split into two separate entities, auto and finance. ...
05:42 PM, Feb 09, 2007
