“Shareholders with more than 10% equity shareholding are entitled to call for an EGM. The issue is separate for proposed merger with Sony which has to be worked out, ” says HP Ranina

In the 50-share pack Nifty, Adani Ports was the biggest gainer, up 1.81 per cent. Dr Reddy’s Labs, Coal India, Tata Steel, Tata Motors, Bajaj Finserv and Wipro were among other gainers.

The 30-share BSE Sensex was up 7.52 points at 59420.79

There is no clarity on when the winning bid will be announced, said the people cited above. Representatives of the two shortlisted bidders – Tata Sons and SpiceJet chairman Ajay Singh, in his personal capacity – met government officials on Wednesday

The genesis of the dispute lies in the credit facility of Rs 330 crore extended by Yes Bank in 2015 to Lily Realty Pvt Ltd, a company owned by Asit Koticha. At the time of securing the loan facility, Koticha had extended ‘Shortfall Security’ under which if the realty firm fails to pay its dues to the Yes Bank, he will pay the shortfall.

The HCL-Proximus deal expands the Belgian firm’s commitment to “act for a green and digital society”, as the cloud platform will use the latest green data centre technology to minimise its carbon footprint.

Sebi said in an ex-parte interim order dated September 27 that Ramit Chaudhri, the Infosys employee, and Keyur Maniar, a Wipro staffer, have been banned from trading in securities and that their demat and bank accounts have been frozen.

While appreciative of the scheme, electric vehicle (EV) makers say they would not qualify if the criteria remains the same for everyone. Most of the specialised EV makers are small and several such as Hero Electric, Ather Energy and Kinetic Green are startups.

Oil prices fell on Thursday, extending losses after official figures showed an unexpected rise in inventories in the United States although prices seem to have stabilised following a recent run of gains. Brent crude was down 11 cents at $78.53 a barrel by 0137 GMT, after falling 0.6% on Wednesday. U.S. oil fell 5 cents to $74.78 a barrel, having also declined by 0.6% in the previous session.

Gold prices inched up on Thursday but hovered near a seven-week low, constrained by a strong dollar and expectations of the U.S. Federal Reserve winding down stimulus measures soon. Spot gold was up 0.2% at $1,729.83 per ounce by 0054 GMT. Prices fell to their lowest level since Aug. 9 at $1,720.49 on Wednesday.