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ZEE Entertainment institutional investors seek removal of MD Punit Goenka; call for EGM today : Rashtra News Punit Goenka is the son of Essel Group Chairman Emeritus Subhash Chandra. (Image: REUTERS)Zee Entertainment Enterprises (ZEE) major institutional investors Invesco Developing Markets Fund and its subsidiary OFI Global China Fund LLC have called for the removal of Managing ....
Business News: Invesco letter: Sony deal unfairly favours Zee founders rashtranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rashtranews.com Daily Mail and Mail on Sunday newspapers.
The proposed merger was odd, to say the least, with its majority owner not assuming executive control. An ‘agency problem’ risk of leadership and ownership interests going out of whack was averted. Don’t tune out, there’s more action to come. ....
Given the notorious pusillanimity of independent directors, whose role in Indian companies is in marked contrast to their rising levels of independence in both the US and UK, the onus of raising corporate governance standards in the country falls upon the powerful institutions ....