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PROMOTER INVESTOR TUSSLE
Promoter-investor tussle hits Spandana Sphoorty MFIThe board of Spandana has accepted MD Padmaja G Reddy's resignation with immediate effect. It will be hiring an eminent industry veteran as...- Some Zee Entertainment minority investors express support for CEO Punit GoenkaSome old time shareholders of the company said that they have full faith in the current management under Punit Goenka and welcomed the appo...
- Investors in SMILE Microfinance renew stake sale planThe group is in discussions with two or three prospective buyers, people familiar with the development told ET.
- When large firms falter on governance, what can investors do?Incidentally, investors can do little when large companies falter on their governance.
- Narayana Murthy's criticism not that of entire Infosys promoter group: IiAS"In case they do not acquiesce with what the management proposes, they express their unhappiness by abstaining; all the while vocalisation ...
- LIC to consult Finance Ministry on InfosysIn all boardroom battles for control of a business, the corporation has until now supported the promoters.
- If Chandra could get Rs 26 cr as TCS chief, why pay Rs 70 cr to Sikka?: Mohandas PaiIndian institutional investors take the money of the Indian investors. They have a duty to their investors to debate this with Murthy and t...
- LIC concerned, open to raising ‘relevant issues’ with Infosys boardAccording to industry observers, a more sympathetic LIC can exert more pressure on the existing Infosys board by making the members heed to...
- Tata Group rift sees independent directors, board members taking sidesSome directors said those who expressed confidence in Mistry were sitting on the fence to protect their individual image outside by not bei...
- Mapping the market: Metals shine; oil and gas energised, NBCC slipsGoing by the buzz on Dalal Street, a mild spike in retail inflation in June and loss of momentum in European markets were to blame for the ...
- IPO mart looks to end eventful year with a bangThe domestic equity market has had a rather lacklustre year, but the IPO market seems ready to sign off an eventful year with a bang.
- No impact on YES Bank’s operations due to court judgement: BrokeragesGlobal brokerage houses said there is no impact on YES Bank’s operations due to court judgement, and it’s a positive event from an investor...
- SEBI’s selection of a self-regulatory body in a legal tussleFinancial Services Legislative and Reforms Commission has recommended a single SRO along with a unified regulator for the financial sector.
- Wockhardt promoters move Gujarat court against bondholders' trustThe legal tussle between Wockhardt and its bond holders may take another turn, with the promoters moving a court in Ahmedabad recently.
- Networth boardroom tussle may see top deck exitsA company insider told ET that firm’s promoter SP Jain is in talks with some of the large shareholders to have a new management team.
- Inox got premature veto in Fame: RMWReliance Media Works (RMW) alleges that rival Inox Leisure acquired 'veto' power on the promoter shareholding in Fame nearly two years befo...
- Restraint on free transfer of shares is illegal: HCCorporate India is closely tracking a court tussle, whose outcome will determine the nature of future agreements between promoters and JV p...
- MHA asks FIPB to gather details on Bycell investorsThe MHA wants ByCell's application to be put on hold until all issues are cleared to the satisfaction of the country's security agencies.
- DIPP wants go-ahead for ByCell, home ministry opposes moveThe home ministry (backed by the country’s security agencies) and the Department of Industrial Policy and Promotion (DIPP) are involved in ...
- Nimbus may be put up for saleNimbus Communications is believed to be on the block. Strategic investors are seen firming up plans to exit the Mumbai-based media company.
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