Briefing reporters about the discussions in the meeting, Economic Affairs Secretary Ajay Seth also said there is no spillover effect of the failure of American banks on the Indian financial system, which is “well protected”.
Proxy advisory firms urge regulators to implement a majority-of-minority voting mechanism for approving promoter remuneration, citing significant increases in payouts to promoters and conflicts of
National Asset Reconstruction Co remains the preferred bidder to take over Jaiprakash Associates after no competing bid was received. NARCL’s Rs 12,000 crore bid includes
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