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...
Rohini Mohan India Correspondent
PUBLISHEDSEP 26, 2021, 4:47 PM SGT
BANGALORE - With unpaid corporate loans at a record high in India, the government has set up a "bad bank" to resolve such loans, paving the way for a major clean-up of the banking system.
Flush with 30.6 billion rupees (S$560 million), the...
RIDHIMA SAXENA SEP 14, 2021, 13:31 IST
As part of the merger, Clix Capital Services will also need to take on Suryoday Small Finance Bank’s gross bad loans worth ₹381 crore. That's nearly a quarter of Clix Capital’s own net worth.Both the entities are into completely different lines of business. Suryoday SFB is essentially a...