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 interest. A study shows that many resolutions benefiting promoters would be rejected under stricter voting rules, highlighting inequities in compensation.
Foreign banks dump $3 billion worth g-secs amid India-Pak tensions
Traders believe the 10-year benchmark is likely to settle near 6.32-6.34%, following the recent border de-escalation and ceasefire announcement.