Divya Patil and Anto AntonyThu, September 22, 2022 at 4:30 AM·4 min read
World’s Second-Biggest Fortune Fails to Halt Rout in Adani Bonds
(Bloomberg) -- Surging share prices of Gautam Adani’s companies have...
“You don’t know how his market is rising so sharply because there doesn’t seem to be much institutional investor interest,” said Hemindra Hazari, an independent research analyst based in Mumbai.
“He’s not only on an acquisition spree and banks are willing to fund...
Hemindra Hazari, a Mumbai-based independent banking analyst, said the government should improve management of state-owned banks and strengthen their governance norms instead of privatizing them.
"You have to strengthen your governance norms. You should put in structures, change...
The role of independent directors is clearly defined, yet many of them feel they play a cameo role in a company, often failing to red flag fraudulent activity and serious governance lapses that eventually compromise minority shareholders' interests
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