Blind eye to daylight robbery in Eros International continues
After becoming minority shareholders in March, the promoters are encashing leftover assets and continue transferring cash to related parties. No one seems bothered.
8 November, 2023•7 min
0
8 November, 2023•7 min
0
Getting your Trinity Audio player ready...
More in Business
Business
Epigamia’s Greek yogurt bet is finally paying off
A little over a decade after it was founded, the company that introduced India to Greek yogurt has pulled off a turnaround. But competition is rising fast and Epigamia can’t afford to simply rest on its laurels.
You may also like
Business
MFs hold up India’s IPO market, their investors foot the bill
As retail interest in public issuances fades, mutual funds are filling the gap—funding promoter exits and delivering subpar returns to the very investors they represent.
Business
NSE’s IPO bankers likely to run into a seller problem
Many of its 186,000 eligible shareholders are unlikely to sell their stock in the upcoming offer-for-sale—opting to resist formal price discovery and wait it out instead.
Business
HDFC Bank’s supposed can of worms needs to be opened and investigated
Atanu Chakraborty’s resignation does not appear as damaging as the bank’s response to it. The ‘all is well’ narrative needs an independent audit.