Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last week. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.
In May this year, shareholders of food major Nestle rejected the company's resolution to raise the royalty payment to the parent firm with 57 per cent of non-promoter shareholders voting against the hike. Nestle had proposed to hike the royalty payment from 4.5 per cent to 5.25 per cent of turnover over the next five years beginning this year.
この記事は Business Standard の December 02, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Business Standard の December 02, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Cold wave, dense fog grip North India: Several flights delayed, schools shut
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A blast of snow, ice, wind and plunging temperatures stirred up dangerous travel conditions in parts of the central US on Sunday, as a disruptive winter storm brought the possibility of the \"heaviest snowfall in a decade\" to some areas.
Delhi-Meerut travel now in 40 mins, via RRTS
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Tighter anti-spam norms in a month: Trai
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India Is A Great Innovation Hotspot For Lenovo
Chinese technology major Lenovo has been reinventing itself in India, moving from screen to solutions every few years. Shailendra Katyal, managing director, Lenovo India, in a video interview with Pranjal Sharma, said India has become an important innovation hub for the company, which is also leveraging the country for exports. Edited excerpts:
India Ranked Second in Attacks by Threat Actors in 2024
Threat actors traded over 534 terabytes (TB) of data across industries and countries globally in 2024.
AI Euphoria May Fizzle Out Over Lack of Data
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Prolonged litigation, low compensation
Bahadur Singh purchased a Mitsubishi Lancer diesel vehicle manufactured by Hindustan Motors.
