The Bombay High Court on Monday declined Kotak Mahindra Bank’s plea for a stay on the Reserve Bank of India (RBI)’s December 31 deadline to reduce its promoter stake holding. This, in effect, would mean that the private sector lender has a little more than 10 days to lower its...
By Niha Masih January 28, 2023 at 4:57 p.m. EST Article can be read here
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...
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...