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Proxy advisory firm IiAS asks independent board members of Raymond to protect company from promoters by asking them to step away
Gautam Singhania, the flamboyant chairman and managing director of Raymond, is in news for the wron…
Blume Ventures closes Fund IIA
"Blume Ventures completed the final close of its opportunity fund, titled Fund IIA, in December 20…
PTI
Corporate governance: SBI weighed down by its own laws, says IiAS
SBI's board structure is defined in the SBI Act: it is required to have a chairperson and a vice-ch…
PTI
Feud between Tata Sons and Cyrus Mistry can make group boards dysfunctional
"There is now, a real possibility that boards of listed companies may choose to ignore Tata Sons. T…
Maruti's royalty payouts to Suzuki extortive: Report
"Royalty is not Suzuki’s indelible right — it must explain its coercive charges on Maruti’s cash fl…
Around 77 of top 500 companies may double their dividends: IiAS study
"FY15 financials shows that at least 73 of the S&P BSE 500 companies can double the amount of d…
The Navy's top ballistic missile interceptor comes with a heavy price tag, but the US can't afford to go to war without it
American warships have fired the multi-million-dollar Standard Missile-3 interceptor twice this yea…
Chris Panella,Jake Epstein
The US Navy is burning through missiles in the Middle East that it would need in a war with China
Conflicts in the Middle East have raised concerns about the stockpiles of key interceptors the US w…
Jake Epstein,Chris Panella
The US and Pacific ally Japan are teaming up to defeat new hypersonic missiles that right now are basically unstoppable
The co-development comes as the allies face a growing Chinese missile threat and challenges from ot…
Chris Panella
Raymond independent directors say no law requires them to investigate matrimonial disputes
Raymond independent directors say no law requires them to investigate matrimonial disputes. "The ID…
Aditya L1: Solar quakes can alter geomagnetic field of earth says top scientist
Ahead of India's Aditya-L1 solar mission, a top scientist said the monitoring of the Sun on a 24-ho…
PTI
Minority shareholders must grin and bear it when promoters wash dirty laundry in public
The Raymond family drama has taken its toll on minority shareholders of the company because this ca…
Updater Services gets Sebi nod to float IPO
Integrated facilities management Updater Services Ltd has received capital markets regulator Sebi's…
PTI
Updater Services sets IPO price band at Rs 280-300/share
The IPO will comprise fresh issue of equity shares aggregating up to Rs 400 crore and an Offer-…
PTI
Women on Nifty500 company boards rise from 6% in 2014 to 17.6%, but the pace is faltering
Gender diversity on the boards of Indian companies has improved, but India lags behind the global a…
China has a lot more missiles with US warships and bases in its sights
China has transformed its missile stockpiles and capabilities, shaping what war would look like in …
Chris Panella
Zee Entertainment hits 33% after two independent directors resign on investor’s demand
Overnight, two independent directors resigned from Zee Entertainment Enterprises’ board after the b…
Adani group signs MoU for access to cutting-edge tech of Israeli startups
The MoU will allow Adani businesses to access tech solutions provided by Israeli start-ups.
A US Navy destroyer just shot down an intercontinental ballistic missile target for the first time
"This first-of-its-kind test shows that our nation has a viable option for a new layer of defense a…
Ryan Pickrell
Researchers at the Indian Institute of Astrophysics discover three supermassive black holes merging together
The rare occurrence in the nearby universe indicates that small merging groups are ideal laborat…