Shareholder Activism News
With Infosys management obliquely referring to Murthy and company as “activist shareholders” – it is clear that battlelines have been drawn
LIC is yet to take a decision while mutual fund houses are divided on the issue
It is very hard to change something here if you are a small minority
Cairn India's $1.25 billion loan to parent Vedanta Resources has not gone down well with investors as it raises doubts on utilisation of cash reserves and several investors feel the move is not in the interest of minority investors.<br />
When Tata Motors' shareholders defeated a resolution on directors pay, they showed that big institutional investors can be a check on management. It is not small retail investors who count
The operational hurdles of Vedanta Aluminium and the additional debt of VAL and Cairn India would be a burden on Sesa Goa and Sterlite, which makes the proposal detrimental to minority shareholders of both the companies.
TCI, the foreign investor that threatened Coal India with legal action for rolling back coal prices, is actually using a part of its profits to help children in poor countries.