Elon Musk hijacks Tesla earnings call to vouch for $1 trillion pay planElon Musk urged Tesla investors to approve his $1 trillion pay package, criticizing proxy advisory firms ISS and Glass Lewis for recommendi...
23 Oct, 2025, 07.27 PM IST
ISS ends diversity considerations for US boardrooms, citing Trump ordersTop proxy adviser ISS announced it will no longer consider gender, racial, or ethnic diversity when making voting recommendations for U.S. ...
11 Feb, 2025, 10.28 PM IST
Vedanta demerger gets vote of proxy advisory companiesAs per Vedanta's revised December 2024 composite scheme of the arrangement, the demerger will result in the creation of five sector-focused...
11 Feb, 2025, 05.46 AM IST
Elon Musk sees another big advisory firm come out against his multibillion dollar pay packageTesla CEO Elon Musk's pay package, recently valued at $44.9 billion, has been re-endorsed by ISS and Glass Lewis. The firm argued that the ...
31 May, 2024, 10.37 PM IST
Minority shareholders to benefit from ITC Hotels demerger: Proxy advisory firms"The structure will enable ITC Hotels to operate with an optimal capital structure with the ability to access capital to fund its growth re...
28 May, 2024, 02.25 PM IST
Crisis-ridden Boeing hopes for quiet annual meetingBoeing's annual meeting is fraught with tension as shareholders may rebuke CEO Dave Calhoun. Glass Lewis and ISS oppose Calhoun's nominatio...
17 May, 2024, 11.36 AM IST
Goldman Sachs, BofA shareholders reject proposals for CEO-chair splitGoldman Sachs has hired Sunil Khaitan and Kamna Sahni as head of financing and M&A respectively in India. Both have previously worked at Ba...
24 Apr, 2024, 10.43 PM IST
Ambani's youngest son, Anant, faces proxy firms’ pushback on board seatReliance did not respond to Bloomberg’s queries but told the proxy companies that Anant has “the relevant experience and maturity to add va...
18 Oct, 2023, 05.56 PM IST
Norway's $1.4 -trillion oil fund to vote against climate resolution at BPWhile BP already aims to reduce emissions, the motion filed by activist group Follow This ahead of an April 27 shareholder vote calls on th...
22 Apr, 2023, 11.50 PM IST
Elon Musk tweets proxy voting firms have 'far too much power'Musk's comments add to a long-running debate over whether such advisers have too much sway over corporate decision-making.
25 Jan, 2023, 12.52 AM IST
Ericsson investors threatening to sue company's CEO Borje Ekholm over suspected ISIS paymentsMoney was paid for transit lines in Iraq in areas controlled by extremist groups such as ISIS, according to Borje Ekholm, but Ericsson coul...
28 Mar, 2022, 10.02 PM IST
Zoom, Five9 to terminate nearly $15 bln all-stock deal after shareholder voteZoom became a household name and an investor favorite as the pandemic clamped down on activity and businesses and schools adopted its servi...
01 Oct, 2021, 01.57 PM IST
Advisory firm IiAS not in favour of JSPL’s plan to divest power businessHowever, several other advisory firms like InGovern, Glass Lewis and Institutional Shareholder Services (ISS) have given their nod to the r...
27 Aug, 2021, 11.40 PM IST
Just who are the proxy firms that gave Deepak Parekh such a bad scare?Here's a lowdown on just who the proxy firms are and what they stand for?
01 Aug, 2018, 07.27 PM IST
Buffett faces shareholder, ISS resistance to home capital dealIn the Home Capital deal, investors are increasingly coming out against Berkshire’s offer.
31 Aug, 2017, 09.55 AM IST
Proxy advisory companies against Cairn-Vedanta mergerGlass Lewis is against the proposal because it is not satisfied with the information relating to the process by which the boards decided on...
10 Sep, 2016, 11.34 AM IST
- HP CEO, board faulted over directors’ appointment
Hewlett-Packard (HP) directors, including chief executive officer Leo Apotheker, went against company rules in their appointment of new boa...
11 Mar, 2011, 06.00 AM IST