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INDIAN FIRMS RESCHEDULE MEETINGS, ISSUES DUE TO MUMBAI ATTACK.
MUMBAI, Dec 1 Asia Pulse - As corporate India picks up threads to resume business in the country's financial capital which is nursing its wounds from the terror attack, several corporates were forced to postpone their board meetings, conferences and extend time for closure of the share issues.
The board meeting of Tata Steel (BSE:500470) to approve working results for the second quarters was scheduled for yesterday at the Taj Mahal Hotel which bore the maximum brunt of the 60- hour gun battle between security forces and the militants. The meeting is postponed to an unspecified day.
The function for the Economic Times Awards for Corporate Excellence to be given away by Prime Minister Manmohan Singh on Saturday has also been deferred.
Brokerage firm India Infoline (BSE:532636) has also postponed meeting of its board of directors scheduled yesterday here.
Ugar Sugar informed the Bombay Stock Exchange that ...
- Firms reschedule meetings, share issues due to Mumbai attack.
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- Mumbai must expand into metropoliton region: Experts.
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