A Chairman’s Ethics Resignation Tests HDFC Bank’s Governance Framework
HDFC Bank Chairman Atanu Chakraborty's ethics-based resignation creates governance challenges beyond routine leadership transitions for India's largest private
Ramkrishna Forgings’ Promoter Shuffle Keeps the Same Power Structure
Ramkrishna Forgings' intra-promoter stake transfer raises questions about board oversight of internal promoter group dynamics and decision-making shifts.
Bain Capital’s Joint Control Structure at Manappuram Creates Unusual Board Dynamics
RBI approves Bain Capital's joint control acquisition of Manappuram Finance in ₹4,385 crore deal, creating unusual shared governance structure between PE firm a
Shareholder Approval Math Changes When Tata Steel Merges NINL
Tata Steel's simultaneous NINL merger and $2bn Singapore investment approval creates complex shareholder voting scenarios with different risk profiles.
Promoters Are Cashing Out While Retail Investors Fund the Discount
India's $21 billion IPO boom in 2025 primarily benefited selling shareholders rather than companies or new investors, raising questions about market structure f
Ola Electric’s Battery Unit Carve-Out Raises Strategic Control Questions
Ola Electric's Rs 2,000 crore battery unit stake sale raises governance questions about strategic control over core technology assets.
UPGrad-Unacademy Merger: Valuation Gaps Signal Board Approval Hurdles
UPGrad's all-stock Unacademy acquisition reveals edtech valuation challenges and board approval complexities amid sector consolidation pressure.
Boards Clearing EdTech Consolidation Despite Due Diligence Questions
upGrad-Unacademy term sheet clears boards despite sector headwinds and due diligence questions around edtech valuations and regulatory compliance gaps.
When Major Shareholders Issue CEO Ultimatums: The Aspex-Delivery Hero Confrontation
Analysis of Aspex Management's ultimatum to Delivery Hero CEO over asset sales, examining shareholder activism patterns and board governance implications.