Governance news links worth noting
Bharat Forge to buy 30 percent of Fortuna Engineering for 129.60 crore in cash, with an option to raise its stake to 50 percent plus 1 share, to boost machining capabilities
The transaction covers the company’s ophthalmic division across India and select international territories, including Benin, Burkina Faso, Ivory Coast, Mali, Niger, Mauritania, Senegal, Cameroon, Cong
Shares of Bank of India Ltd ended at ₹139.90, down by ₹3.30, or 2.30%, on the BSE.
Value commerce platform Meesho is contesting a Rs 14.29 crore tax demand. The Goods and Services Tax Appellate Tribunal issued the demand for alleged failure to collect tax at source on certain seller
Investors are demanding answers from Alphabet regarding its technology and cloud services used by governments for surveillance. A group managing over a trillion dollars has written to the company seek
The procedure outlines steps for altering the Memorandum of Association, including board approval, shareholder resolution, and regulatory filings. It emphasizes that changes become effective only afte
Activism remains a persistent and increasingly important feature of the landscape for publicly traded insurance groups. As we have discussed in prior Debevoise Updates, activist campaigns in recent ye
The issue was inconsistent prudential norms across financial entities. RBI mandated that Non-Operative Financial Holding Companies follow commercial bank asset classification rules. The post RBI (Non-
The amendment addresses inconsistencies in asset classification and provisioning norms. RBI aligned stressed asset resolution rules with the 2026 provisioning directions for uniform treatment. The pos
RBI introduced a timeline for declaring wilful defaulters after NPA classification. It ensures faster identification and strengthens credit discipline. The post RBI (Commercial Banks – Treatment of Wi