New Delhi: Indian Railways ticketing is set to get a boost as a pilot non internet based mobile ticketing has been announced through Indian Railways Catering & Tourism Corporation (IRCTC). Traveler’s with simple mobiles can access Railway ticketing services through SMS/IVRS/USSD. Print outs are nit required. The procedure involves user sending an SMS to a [...]
Unilever to up stake to 75% in Hindustan for $5.4 billion
June 13, 2013 by Leave a Comment
Mumbai: Hindustan Unilever Limited (HUL), India’s largest consumer goods company will be now more Dutch than Indian. The parent company Unilever has announced increase of stake in HUL from current 52.48 % to 75% for approximately $5.4 billion. The voluntary open offer is Rs 600 per share. Indian Securities regulations prescribe a minimum public shareholding [...]
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