Promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, have resigned from their directorial roles following an interim order from capital markets regulator Sebi. The resignations come as the regulator barred the promoters from the securities market, citing serious financial misconduct. Sebi’s order revealed a “complete breakdown” of corporate governance at Gensol, a…
(Bloomberg) — A shareholder in Japan’s Seven & i Holdings Co. is pressuring the company to engage “more deeply” with Alimentation Couche-Tard Inc. over its $47.5 billion buyout approach. “The Board has taken several decisions that leave significant unanswered questions,” Artisan Partners Asset Management Inc.’s portfolio managers N. David Samra and Benjamin L. Herrick said…
The ongoing discourse surrounding Indian immigrants, particularly those in the technology sector within the United States, has intensified following a viral post by a U.S. attorney. This post, which has sparked heated debates across social media platforms, accused an Indian CEO of mismanaging a company, displacing its founders, and reshaping its leadership team predominantly with…
