Moneycontrol
Mar 26, 2012 03:39 PM IST | Source: CNBC-TV18

Level of CIL's corporate governance shameful: UK fund TCI

The Children's Investment Fund, the largest FII investing into Coal India wrote to the management regarding issues on corporate governance and CIL failing to protect the interests of minority shareholders.


The Children's Investment Fund, the largest FII investing into Coal India wrote to the management regarding issues on corporate governance and CIL failing to protect the interests of minority shareholders. The UK fund had threatened to take legal action if a detailed response was not given.

But Chris Hohn, CIO, The Children's Investment Fund says Coal India

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