HDFC Bank's governance review is nearing completion. Law firms are expected to report no significant issues. This development paves the way...

Iran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...

In a bid to streamline tax compliance, India's markets regulator Sebi is actively negotiating with the CBDT, the country’s tax authority. T...

A new era of grey-zone conflicts is upon us. International institutions face challenges managing geopolitical tensions. U.S. foreign policy...

In its report, InGovern said the broking business is inherently volatile. By receiving shares of the relatively stable shareholding in the ...

The board of PB Fintech adopted a resolution on April 15, 2021, approving a scheme of amalgamation between the company and Makesense Techno...

Earlier, Siddhartha Lal's reappointment failed to get the requisite majority from shareholders at the annual general meeting, forcing the c...

While recommending to vote against the financials of PSUs such as Housing and Urban Development Corporation (Hudco), NMDC, National Aluminu...

A pandemic winner whose shares had surged nearly 396% last year, Zoom struck its largest-ever acquisition for Five9 in a bid to expand beyo...

The markets regulator said the timeline was extended after taking into consideration requests received from registered proxy advisors, and ...

Sebi said proxy advisers, over the past few years, have played a key role in enabling shareholders to effectively participate in corporate ...

A proxy advisory firm advises institutional investors how to vote on various actions by companies that could impact shareholders.

Proxy advisors are not regulated and India is one of the few countries where they are registered.

The amendment would provide listed companies aggrieved by the view of a proxy advisor to approach SEBI for redressal of its grievance.

All the proxy firms currently come under Sebi’s research analyst regulations.

Many investors across the globe are voting based on the recommendations of proxy advisory firms.

Market experts and proxy advisors have asked shareholders to oppose the move by Jet Airways to sell its frequent flyer programme business.