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Jack Ma To Give Up Control Of Ant Group After China's Crackdown
Ant Group's founder Jack Ma will no longer control the Chinese fintech giant after the firm's shareholders agreed to implement a series of adjustments that will see him give up most of his voting rights, the group said on Saturday.
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Amazon Faces Challenges Over Policies at Shareholder Meeting, Investors to Review Workers’ Rights, Social Issues
Amazon faces 14 investor resolutions challenging its policies at the annual shareholder meeting on Wednesday. This has been a record challenge for the retail and cloud computing company. The investors will review workers’ rights, their health and safety, Amazon's use of plastic or changes to the company's process for board nominations.
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YES Bank-Dish TV Dispute: Top Court Stays Notice To Freeze Voting Rights
The Supreme Court on Tuesday stayed the criminal proceedings in the FIR lodged by Essel Group against the Yes Bank saying it cannot allow the police sitting in Gautam Buddha Nagar in Uttar Pradesh to freeze voting rights of shareholders of a company.
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Toshiba Shareholders Oust Board Chair After Probe Reveals Sway Voting Bid
Toshiba shareholders on Friday rejected the reappointment of board chair Osamu Nagayama in a rebuke to management after revelations of attempts to sway voting on activist investor proposals.
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WeWork Directors Seek to Preserve Right to Sue Owner SoftBank
It is the latest salvo in a heated legal dispute between the two sides. WeWork's special committee, which represents minority shareholders in the company including its co-founder Adam Neumann, is contesting SoftBank's decision to walk away from the tender offer agreed last year.
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Some Facebook Investors Want to Remove Mark Zuckerberg as Chairman
Four major US public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer Mark Zuckerberg as chairman following several high-profile scandals.
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Sebi Freezes Voting Rights, Corporate Benefits of Accel Frontline Promoters
Taking action against promoters of Accel Frontline for non-compliance of minimum public shareholding norms, capital market regulator Securities and Exchange Board of India (Sebi) on Wednesday ordered freezing of voting rights and all corporate benefits arising out of their excess stake in the company.
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New control definition will not apply to Jet-Etihad deal: report
As per the Cabinet decision, 'control' will include "the right to appoint a majority of directors or to control the management or policy decisions including by virtue of their shareholding or management rights or shareholders agreement or voting agreements".
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Sebi penalises 105 firms for missing shareholding rule deadline
Promoters of companies that failed to meet the deadline would be prevented from receiving dividends and exercising their voting rights on excess shares that breach the 75 per cent limit.
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Sebi acts against promoters, directors of 105 firms
Cracking the whip on the promoters of over 100 private sector companies having failed to attain minimum 25 per cent public holding, the Securities and Exchange Board of India (Sebi) on Tuesday ordered freezing their voting rights and corporate benefits and barred them from holding any new position on boards of listed firms.
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Banking Bill passed by Lok Sabha: Who said what
Corporate India today welcomed the passage of the Banking Amendment Bill, which aims at drawing foreign investment to the banking sector by increasing shareholders' voting rights, among other things.
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Baby steps to bank reforms in India unlikely to bring cheer
India's plan to increase voting rights for shareholders in banks would improve management and corporate governance and draw more investment, but it falls short of lifting ownership restrictions or relinquishing the government's stranglehold on most lenders.
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House panel calls for voting right cap of 26% in private banks
The Banking Laws (Amendment) Bill 2011, introduced in the Lok Sabha in March this year, had proposed providing voting rights to investors commensurate with their shareholding in the private sector banks.
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Jack Ma To Give Up Control Of Ant Group After China's Crackdown
Ant Group's founder Jack Ma will no longer control the Chinese fintech giant after the firm's shareholders agreed to implement a series of adjustments that will see him give up most of his voting rights, the group said on Saturday.
-
Amazon Faces Challenges Over Policies at Shareholder Meeting, Investors to Review Workers’ Rights, Social Issues
Amazon faces 14 investor resolutions challenging its policies at the annual shareholder meeting on Wednesday. This has been a record challenge for the retail and cloud computing company. The investors will review workers’ rights, their health and safety, Amazon's use of plastic or changes to the company's process for board nominations.
-
YES Bank-Dish TV Dispute: Top Court Stays Notice To Freeze Voting Rights
The Supreme Court on Tuesday stayed the criminal proceedings in the FIR lodged by Essel Group against the Yes Bank saying it cannot allow the police sitting in Gautam Buddha Nagar in Uttar Pradesh to freeze voting rights of shareholders of a company.
-
Toshiba Shareholders Oust Board Chair After Probe Reveals Sway Voting Bid
Toshiba shareholders on Friday rejected the reappointment of board chair Osamu Nagayama in a rebuke to management after revelations of attempts to sway voting on activist investor proposals.
-
WeWork Directors Seek to Preserve Right to Sue Owner SoftBank
It is the latest salvo in a heated legal dispute between the two sides. WeWork's special committee, which represents minority shareholders in the company including its co-founder Adam Neumann, is contesting SoftBank's decision to walk away from the tender offer agreed last year.
-
Some Facebook Investors Want to Remove Mark Zuckerberg as Chairman
Four major US public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer Mark Zuckerberg as chairman following several high-profile scandals.
-
Sebi Freezes Voting Rights, Corporate Benefits of Accel Frontline Promoters
Taking action against promoters of Accel Frontline for non-compliance of minimum public shareholding norms, capital market regulator Securities and Exchange Board of India (Sebi) on Wednesday ordered freezing of voting rights and all corporate benefits arising out of their excess stake in the company.
-
New control definition will not apply to Jet-Etihad deal: report
As per the Cabinet decision, 'control' will include "the right to appoint a majority of directors or to control the management or policy decisions including by virtue of their shareholding or management rights or shareholders agreement or voting agreements".
-
Sebi penalises 105 firms for missing shareholding rule deadline
Promoters of companies that failed to meet the deadline would be prevented from receiving dividends and exercising their voting rights on excess shares that breach the 75 per cent limit.
-
Sebi acts against promoters, directors of 105 firms
Cracking the whip on the promoters of over 100 private sector companies having failed to attain minimum 25 per cent public holding, the Securities and Exchange Board of India (Sebi) on Tuesday ordered freezing their voting rights and corporate benefits and barred them from holding any new position on boards of listed firms.
-
Banking Bill passed by Lok Sabha: Who said what
Corporate India today welcomed the passage of the Banking Amendment Bill, which aims at drawing foreign investment to the banking sector by increasing shareholders' voting rights, among other things.
-
Baby steps to bank reforms in India unlikely to bring cheer
India's plan to increase voting rights for shareholders in banks would improve management and corporate governance and draw more investment, but it falls short of lifting ownership restrictions or relinquishing the government's stranglehold on most lenders.
-
House panel calls for voting right cap of 26% in private banks
The Banking Laws (Amendment) Bill 2011, introduced in the Lok Sabha in March this year, had proposed providing voting rights to investors commensurate with their shareholding in the private sector banks.
