Deepak Chhabria has been removed from the board of Finolex Cables, following a longstanding dispute with his cousin, Prakash Chhabria. This comes after the Supreme Court reprimanded the National Company Law Appellate Tribunal for allowing Deepak to continue in his role. The fight for control of Finolex Cables is expected to intensify, with Prakash intending to stake claim to the position. Shares of Finolex Cables rose 1.47% on Friday.
Nothing stops private sector from coming and doing business in India: Nirmala Sitharaman
In a recent discussion, Union Finance Minister Nirmala Sitharaman emphasised that no sector is off-limits for private business in India. Highlighting reforms under Prime Minister