An independent banking analyst Hemindra Hazari wrote a report questioning the corporate governance practices of companies which have employed her.
BY SALIL PANCHAL, NEHA BOTHRA, 8 min read PUBLISHED: Mar 24, 2022 11:17:01 AM IST UPDATED: Mar 24, 2022 11:46:09 AM IST
“ICICI Bank is trading at a higher price to book earnings than HDFC Bank. That is a very big achievement. The stock market has recognised this achievement," said Hemindra Hazari, an independent researchanalyst.
Hazari believes that the next chief executive should be an internal candidate since boards usually get an...
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...
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 helped make him the world’s second-richest person. The bond market isn’t quite as enthusiastic.
Stocks of firms in his...
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...
Yes Bank watchlist also highlights the failure of credit rating agencies and analysts to spot anomalies and catch red flags on defaults and stress early on.
Ravi Krishnan@writesravi
Y
The stressed loan chickens are coming home to roost for Yes Bank. To extend the avian analogy, is Yes Bank the canary in a...
Yashwant Sinha, Prashant Bhushan and others on Cobrapost’s Expose on what they claim is “India’s biggest financial scam.’Posted by The Quint on Tuesday, January 29, 2019
An investigation by Cobrapost claims, Dewan Housing Finance Corporation Limited (DHFL) through layers of shell companies allegedly siphoned off Rs 31,000 crore out of total bank loans...
Infosys’ stock closes 16.21% lower at ₹643.30 at the end of Tuesday’s trade over allegations of unethical practices by CEO Salil Parekh and CFO Nilanjan Roy.
By NEHA BOTHRA, Oct 22, 2019 4 min read
Information technology (IT) giant Infosys’ stock took a severe beating at the bourses on Tuesday over allegations of...
3 min read. Updated: 16 Dec 2019, 12:38 AM ISTShayan Ghosh
As many as 10 banks disclosed they had under-reported NPAs of close to ₹24,000 crore in the year ended 31 MarchThe country’s largest lender, SBI, reported the largest bad loan divergence so far this year, under-reporting gross NPAs of ₹11,932 crore
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