News articles tagged Corporate Governance

SC bars Subrata Roy from going abroad, selling properties

Supreme Court restricts Sahara's Subrata Roy from flying abroad and selling properties, citing undervalued assets in OFCD refund case.

Fathers of Balwa, Goenka Joins DB Realty Board: Mumbai

DB Realty faces changes in its board as Michael McCook resigns and new directors KM Goenka and Usman Balwa are appointed amid ongoing legal issues related to the 2G scam.

Fifteen realty firms waiting to enter market

15 real estate firms, including Lodha Developers and Oberoi Constructions, plan to raise $6 billion via IPOs as the housing sector recovers.

US-based hedge fund QVT Financial opposes Hirco’s restructuring

QVT Financial LP opposes Hirco Plc's merger proposal with Hiranandani group subsidiaries, stating it benefits Hiranandani at the expense of Hirco shareholders.

Satyam hires Merrill Lynch to review its ’strategic options’

Satyam Computer Services hires DSP Merrill Lynch to review strategic options, delays board meeting to January 10, amidst corporate governance concerns.

World Bank bans Satyam

The World Bank has banned Satyam Computer Services for eight years due to data theft and bribery. Satyam's independent directors claim ignorance, highlighting a communication gap within the company's board.

Investor angst takes its toll on Satyam

Satyam's planned entry into real estate sparks investor backlash, shares plummet 30% before deal is abandoned.

Golden Peacock Award To DLF

DLF Ltd has been awarded the prestigious Golden Peacock Award for excellence in corporate governance, reinforcing its commitment to high standards in governance.