Thursday, June 22, 2023

Is it the end of unchecked dynastic rule in corporates?

Is it the end of unchecked dynastic rule in corporates? Not quite yet. But the removal of permanent board seats for promoters is a step in this direction

from Moneycontrol Business News https://ift.tt/biA3Gye

The end of unchecked dynastic rule in corporates?

The end of unchecked dynastic rule in corporates? Not quite yet. But the removal of permanent board seats for promoters is a step in this direction

from Moneycontrol Business News https://ift.tt/oE3NkS7

Tata Steel says it wonât reach emissions goal with current tech

Tata Steel says it won’t reach emissions goal with current tech India’s second-largest steel producer is seeking to trim emissions from the current 2.5 tons of carbon dioxide for every ton of the alloy produced to 1.8 tons in 2030, and achieve net zero by 2045. That’s even as it plans to double its Indian capacity to 40 million tons by the end of the decade.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/tata-steel-says-it-won’t-reach-emissions-goalcurrent-tech_17090711.html

Ashok Leyland ties up with IDBI Bank for channel financing partnership of dealers

Ashok Leyland ties up with IDBI Bank for channel financing partnership of dealers The company has signed a Memorandum of Understanding (MoU) with IDBI Bank, under which the partners will offer customised financial solutions for dealers, Ashok Leyland said in a statement.

from Moneycontrol Business News https://ift.tt/Vuye0ZC

Organisational Culture: Revisiting the first principles of sustainability

Organisational Culture: Revisiting the first principles of sustainability It is past time for economists and businesses to examine and recognize the truth illusions and survivorship bias inherent in what is currently peddled as corporate gospel 

from Moneycontrol Business News https://ift.tt/28dJKo0

Wednesday, June 21, 2023

Sony-Zee merger to go through says Punit Goenka: Report

Sony-Zee merger to go through says Punit Goenka: Report The Zee-Sony merger announced in 2021 was set to create a $10 billion TV enterprise, with Goenka becoming the merged entity#39;s managing director and CEO, but regulatory approvals are still pending.

from Moneycontrol Business News https://ift.tt/zR5m47U

NIIF in talks to raise $244 million for infrastructure

NIIF in talks to raise $244 million for infrastructure The vehicle would include some assets from Athaang Infrastructure, which operates toll roads, according to one of the people, who declined to be identified because the information is private.

from Moneycontrol Business News https://ift.tt/0RIvNAu

NIIF plans to raise at least Rs 20000 crore for infra investment trust

NIIF plans to raise at least Rs 20,000 crore for infra investment trust The vehicle would include some assets from Athaang Infrastructure, which operates toll roads, according to one of the people, who declined to be identified because the information is private.

from Moneycontrol Business News https://ift.tt/b0HFyRY

PM Modi invites Micron to boost semiconductor manufacturing in India

PM Modi invites Micron to boost semiconductor manufacturing in India Modi in his meeting here with President and CEO of Applied Materials Gary E Dickerson discussed the potential of the company#39;s collaboration with academic institutions in India to create a skilled workforce.

from Moneycontrol Business News https://ift.tt/ycQgEKe

ICICI Securities recommends #39;Add#39; on Balkrishna Industries raises price target

ICICI Securities recommends #39;Add#39; on Balkrishna Industries, raises price target ICICI Securities gave an overweight rating to the Balkrishna stock with a raised target price of Rs 2,577.

from Moneycontrol Business News https://ift.tt/t37fjLv

Sony says it is taking SEBI#39;s interim order on Zee CEO and MD Punit Goenka seriously

Sony says it is taking SEBI#39;s interim order on Zee CEO and MD Punit Goenka seriously This was Sony#39;s first comment post the Securities and Exchange Board of India#39;s (SEBI) ban last week against Zee Group Chairman Subhash Chandra and CEO Punit Goenka for a year, saying they were actively involved in diverting company funds to the group#39;s related entities.

from Moneycontrol Business News https://ift.tt/pgT5Vcr

LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...