Shareholder activism is here to stay, as many recent instances of pushback at companies like Zee and JSPL have shown. The writing on the wall is clear: If you want to build a public company, investors need to have an equal footing
BY POOJA SARKAR, Forbes India Staff 12 min read PUBLISHED: Sep...
Analysts said that the stringency of the Paytm Payments Bank action,
while directed at a single entity, signals that the bank won’t tolerate lapses.
“This is a warning to the entire sector," said Hemindra Hazari, a banking
analyst in Mumbai
2 min read. Updated: 04 Aug 2020, 10:52 PM IST Shayan Ghosh
It remains to be seen how Jagdishan steers HDFC Bank's Massive loan book of over ₹10 trillion
MUMBAI : With the Reserve Bank of India (RBI) clearing his appointment as the next chief executive of HDFC Bank, Sashidhar Jagdishan, has reached the...
Former economic affairs secretary Shaktikanta Das has been appointed as the new Governor of the Reserve Bank of India, an order from the Department of Personnel & Training said on Tuesday evening.
Das is a 1980 batch IAS officer of Tamil Nadu cadre and will hold the post for three-year term. He...
Uday
Kotak is a cautious and savvy banker with deep and strong connections in the
business world. However, by no stretch, is he an activist. So, why would
he drag his regulator to court, especially the Reserve Bank of India (RBI)
which has always guarded its ‘independence’ or lack of public accountability
very zealously?
Kotak’s
decision,...
Nikhil Inamdar & Archana Shukla
BBC News, Mumbai
“This is unprecedented,” says Hemindra Hazari, an independent business analyst. “Until yesterday it was allegations from the outside, now internal problems have become public. Something is seriously wrong.”
But things could take a turn for the worse if the controversy snowballs further, says Mr...
By Nupur Acharya and P R Sanjai June 15, 2021, 10:06 AM GMT+5:30 Updated on June 15, 2021, 5:00 PM GMT+5:30
Confusion over three Mauritius-based funds that whipsawed shares of companies controlled by Indian billionaire Gautam Adani this week has underscored a deeper risk for investors in such stocks owned by opaque entities.
Shares of Adani’s...
Alexander Sazonov
Bloomberg / Updated: Jun 18, 2021, 07:59 IST
NEW DELHI: Indian billionaire Gautam Adani’s dream run up the global wealth rankings is faltering after a media report raising questions about some offshore investors triggered a rout in his conglomerate’s six listed stocks.
The 58-year-old tycoon has lost more money this week than...
