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ZEE VERSUS INVESCO
Activist investors may not find a place on boards of India Inc anytime soonGlobally, activist investors are typically the ones operating a hedge fund or private equity firm or are high net worth individuals.- View: India is no place for US-style investor activism“Sometimes, it happens that a company must be saved from its own shareholders, however well-intentioned,” said Justice GS Patel of the Bomb...
- Subhash Chandra battles to retain his $4 bn Indian empireInvesco, unhappy with the way Zee is run, wants to remove Chandra’s son Punit Goenka as its CEO, overhaul the board and get a new owner. Ze...
- Zee vs Invesco: NCLT decision awaited. We have to see if Invesco approaches SC“As of now, the Bombay High Court decision is in the favour of Zee Entertainment.”
- ZEE CEO Punit Goenka says disappointed with the way current situation is unfoldingAt present, both the parties have filed cases in the courts – Invesco moved the National Company Law Tribunal (NCLT) seeking a direction to...
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