Global manufacturing and services PMIs data in the week were mostly disappointing. Composite PMI data of the Euro-zone, Germany, the UK, and the US lagged the forecast and edged lower from their respective prior readings. Germany’s IFO business climate data for May at 87.30 fell short of the forecast of 88 and was lower than the previous reading of 88.60.
Minority investors show less dissent as cos hear them out
Indian companies are experiencing a decline in shareholder dissent, with resolutions facing over 20% opposition from institutional investors dropping to 16% this fiscal year. Increased