Shareholder discontent rises with Nilekani’s reappointment as Infosys director

Conversations Mint had with some shareholders point to the dissent likely being a reaction to the Infosys chairman’s absence from some board meetings, his profile of a non-independent director, and the absence of a tenure as director. According to an exchange filing by Infosys, 35% of retail shareholders and 15% of public institutions opposed Nilekani’s … Read more

NTPC board gives go-ahead for raising Rs 12,000 crore via NCDs

New Delhi: Government-owned power giant NTPC said on Saturday that its board has cleared a proposal to raise up to Rs 12,000 crore through the issuance of bonds and non-convertible debentures (NCDs). NTPC said in a regulatory filing, “The Board of Directors of the company has, in its meeting held on Saturday, June 29, subject … Read more