Dish TV shareholders reject appointment of 4 candidates as independent directors

Dish TV shareholders reject appointment of 4 candidates as independent directors

Shareholders of Dish TV India Limited rejected appointments of four candidates as non-executive independent directors on the company board, reducing the strength to just directors. In an Extra Ordinary General Meeting (EGM) held on Friday, the shareholders voted against the appointment of Sunil Kumar Gupta, Madan Mohanlal Verma, Gaurav Gupta and Lalit Behari Singhal as … Read more

Market movers: Matrimony shares spike 15%; Patel Engineering gets big order

Market movers: Matrimony shares spike 15%; Patel Engineering gets big order

NEW DELHI: Business growth of all companies is contingent upon how much new orders they can get. In that way seems to be doing quite well, and investors are taking note of the fact too. Patel Engineering announced that it has bagged a Rs 2,461 crore contract for the works of “construction of diversion tunnel, … Read more

Have the boards at Indian companies become more independent & effective

Independent directors have come under a great deal of attention in the past few years. In India, the trend started with the Satyam fraud, where independent directors were seen to have failed spectacularly to do what they were supposed to do. The Satyam case study was India’s contribution to the rich literature on corporate failures … Read more