Sector: Industrials
Sanjay Kirloskar (Chairman) gets into an unnecessary spat over daughter’s appointment to the board
Proxy advisory firm Institutional Investor Advisory Services’s (IiAS) recommendation to vote against a resolution to reappoint 31-year-old Rama Kirloskar to the board of (KBL) and also her appointment as joint managing director triggered a war of words between her father Sanjay Kirloskar (Chairman of the Company), and the proxy advisory firm through series of emails. … Read more
Why stock prices decline when you buy and increase when you sell ?
Is there any logical explanation to this? I think there is – checkout if it makes sense.
cyrus mistry: Tata-Mistry row: Tax tribunal suo moto junks negative remarks on Cyrus Mistry
In an unprecedented move, the Mumbai bench of the income tax appellate tribunal (ITAT) has retracted the critical remarks it made on Cyrus Mistry in its recent order that restored the tax-exempt status of the three key Tata Trusts. In a major moral victory for the past chairman of Tata Group who was unceremoniously sacked … Read more
Gautam Adani: Billionaire held for ransom to Mukesh Ambani’s rival, the incredible story of Gautam Adani
Gautam Adani has a knack for surviving crisis. He was held for ransom more than two decades ago and in 2008 was among the hostages of Mumbai’s Taj Mahal Palace hotel during the terror attacks that killed more than 160 people. Since then, his business acumen and ability to overcome obstacles have propelled him to … Read more