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Executive search company Odgers Berndtson India MD Prasad Medury said, “The pandemic has taken boards of organisations by surprise. Our interactions with owner-promoters of listed companies lead us to believe that the CEO lacks appropriate guidance from the board.
DBS merger: Lakshmi Vilas Bank's shareholders set to contest move to wipe out equityAll of the bank's equity, including the shareholding of Indiabulls Housing Finance (4.99%), Srei Infrastructure Finance (3.34%), Capri Global (3.82%) and promoter ownership of 6.8%, as well as stakes held by retail investors,… Read MoreTop bets! Laurus, IndiaMART see biggest jump in consensus price targetFor instance, the consensus target price for Laurus Labs has increased by 99.8 per cent to Rs 361.86 after the company registered a four-fold jump in consolidated net profit to Rs 242.3 crore in the September quarter.
from S… Read MoreETMarkets Morning Podcast: News briefing you need to start your day
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… Read MoreClix Capital may apply for banking licenceClix Capital has been in talks with the LVB management since June and had also submitted a non-binding agreement in October. Clix had proposed to invest Rs 1,700 crore in equity plus fundraising to meet growth capital require… Read MoreLVB administrator assures depositors; expects restrictions to end before Dec 16Tamil Nadu based LVB was put under moratorium on Tuesday evening through a government notification. A few minutes later the RBI issued a draft scheme of amalgamation with DBS Bank India, the wholly owned subsidiary of DBS Ban… Read More
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