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  • IiAS Exclusive | Why Zee needs CEO Punit Goenka’s removal & how new management can create value Sep 14, 2021 10:47 PM IST

    IiAS Exclusive | Why Zee needs CEO Punit Goenka’s removal & how new management can create value

    Zee's shares surged a stellar 40% as company's shareholders are seeking removal of CEO Punit Goenka. Two directors Ashok Kurien and Manish Chokhani resigned from the board as proxy advisory firm IiAS raised serious corporate governance issues. In an exclusive interaction with the Founder of IiAS, Anil Singhvi, Moneycontrol’s Karunya Rao examined the key reasons that prompted the advisory firm to warn Zee’s shareholders and what Singhvi thinks will be the way forward for the company.

  • Zee’s independent directors did not take independent views: IiAS founder Anil Singhvi Sep 14, 2021 08:25 PM IST

    Zee’s independent directors did not take independent views: IiAS founder Anil Singhvi

    According to Singhvi, both Kurien and Chokhani miserably failed as fiduciaries of shareholders. Every shareholder, including the promoters, should look at wealth-creation. If someone else can create better value, then take a back seat and allow them to drive the company, he advocated

  • Loss-making companies still holding AGMs at the last minute: IiAS report Apr 21, 2021 09:27 AM IST

    Loss-making companies still holding AGMs at the last minute: IiAS report

    In the seventh edition of its study on the association between the timing of AGMs of Nifty 500 companies and their financial performance, the advisory firm continues to contend that the rationale offered by many companies for delaying their AGMs due to their ‘large size and complex business’ is untenable.

  • Corporate governance: SBI weighed down by its own laws, says IiAS May 25, 2020 06:25 PM IST

    Corporate governance: SBI weighed down by its own laws, says IiAS

    The immediate reaction from Institutional Investor Advisory Services (IiAS) is the invite that SBI has sent out to shareholders for an EGM on June 17 amidst COVID-19 pandemic, as the State Bank of India Act of 1955, which created it, does not envisage or allow it to hold the extra-ordinary general meeting digitally/electronically or even an e-voting.

  • Raymond's property sale: Investor body IiAS raises red flag May 25, 2017 12:41 PM IST

    Raymond's property sale: Investor body IiAS raises red flag

    Raymond is in focus as the company has presented a resolution at its annual general meeting (AGM) to make an offer to sell premium real estate to its promoters at throw-away prices. The Institutional Investor Advisory Services (IiAS) has recommended that the shareholders should vote against this resolution.

  • Decision to appoint Ravi Venkatesan as co-chair to Infosys board unnecessary: IiAS Apr 15, 2017 03:27 PM IST

    Decision to appoint Ravi Venkatesan as co-chair to Infosys board unnecessary: IiAS

    While promoters of Infosys, most notably Narayana Murthy, have voiced concerns over the above-normal payout given to its top executives, Infosys’ performance in Q4 of last fiscal year was uninspiring.

  • Idea merger deal 'short-changed' Vodafone Plc shareholders: IiAS Mar 23, 2017 09:58 AM IST

    Idea merger deal 'short-changed' Vodafone Plc shareholders: IiAS

    "In allowing an equal relationship with Idea, Vodafone should have commanded a premium and better quality of control. But, the deal contours favour Idea Cellular," the report said.

  • Infosys corporate governance began slipping pre-Sikka: IiAS Feb 15, 2017 08:39 AM IST

    Infosys corporate governance began slipping pre-Sikka: IiAS

    Corporate governance standards at Infosys had begun slipping prior to the appointment of CEO Vishal Sikka, said a report by proxy advisory firm Institutional Investors Advisory Services.

  • Voting pattern of TCS reflects conversation on Street: IIAS Dec 14, 2016 11:19 AM IST

    Voting pattern of TCS reflects conversation on Street: IIAS

    peaking to CNBC-Tv18 Amit Tandon of IIAS said that the voting pattern at TCS which removed Cyrus Mistry reflects the conversation on the Street.

  • Max Life shareholders approve non-compete fee to promoters: Srcs Sep 26, 2016 10:08 AM IST

    Max Life shareholders approve non-compete fee to promoters: Srcs

    The minority shareholders including KKR, Goldman Sach and Kotak, which has over 25 percent stake in the company, has given a green signal to pay the non-compete fee.

  • IiAS not in favour of non-competent fee to Max Group promoters Sep 19, 2016 01:04 PM IST

    IiAS not in favour of non-competent fee to Max Group promoters

    Rationale behind the non-competent fees is unclear, says Amit Tandon, Founder and Managing Director of IiAS. The minority shareholders will also have to bear part of the expense.

  • USL Breaks Away From Mallya… Feb 26, 2016 11:07 PM IST

    USL Breaks Away From Mallya…

    USL Breaks Away From Mallya…

  • 32 listed cos paid Rs 6,300 crore royalty in FY15 Feb 18, 2016 03:26 PM IST

    32 listed cos paid Rs 6,300 crore royalty in FY15

    Proxy advisory firm IiAS today said the payout amount translates to around 21 percent of the 32 companies' pre-royalty pre-tax profits.

  • Dil Maange Rs 200 bn More Dividends? Jan 27, 2016 10:19 PM IST

    Dil Maange Rs 200 bn More Dividends?

    Dil Maange Rs 200 bn More Dividends?

  • An Open Letter To Maruti‘s Shareholders Nov 24, 2015 09:25 PM IST

    An Open Letter To Maruti‘s Shareholders

    An Open Letter To Maruti‘s Shareholders

  • IiAS urges Maruti shareholders to vote against Guj plant Nov 24, 2015 05:18 PM IST

    IiAS urges Maruti shareholders to vote against Guj plant

    IiAS's open letter to shareholders says that if the resolution is passed, then the shareholders of Maruti would be subservient to Suzuki‘s shareholders.

  • Suzuki trying to assert its control over Maruti, says IiAS Nov 24, 2015 03:29 PM IST

    Suzuki trying to assert its control over Maruti, says IiAS

    In an interview with CNBC-TV18, Amit Tandon, MD at IiAS says that Suzuki‘s proposal of opening a manufacturing plant at Gujarat will hamper with Maruti‘s operations.

  • Maruti's royalty payouts to Suzuki extortive: Report Oct 20, 2015 07:53 PM IST

    Maruti's royalty payouts to Suzuki extortive: Report

    Over the past 15 years, royalty paid to Suzuki, has grown 6.6x to Rs 21,415 per car sold, while average sales realisation per car has increased only 1.6x.

  • Royalty Flows In Suzuki‘s Blood Oct 20, 2015 05:29 PM IST

    Royalty Flows In Suzuki‘s Blood

    Royalty Flows In Suzuki‘s Blood

  • RPTs: Taking Shareholders For Granted? Aug 21, 2015 10:30 PM IST

    RPTs: Taking Shareholders For Granted?

    RPTs: Taking Shareholders For Granted?

  • Cairn, Vedanta hit by oil cycle; merger won't help cos:IIaS Jun 11, 2015 11:39 AM IST

    Cairn, Vedanta hit by oil cycle; merger won't help cos:IIaS

    Amit Tandon, MD of IIaS says at the moment both the companies have taken a big hit given where we are on the commodity cycle and on the oil and gas cycle. "So, the merger is not from a position of strength for either of them," he adds.

  • Six years for a self-confessesd crime is a long wait: Pros Apr 09, 2015 10:38 PM IST

    Six years for a self-confessesd crime is a long wait: Pros

    Amit Tandon, Founder, IiAS, says waiting six years for a judgement for a self confessed crime is an incredibly long wait.

  • Most IPO investors lost money; valuations far from 'fair' Apr 07, 2015 09:40 AM IST

    Most IPO investors lost money; valuations far from 'fair'

    The findings also come at a time when many companies have lined up plans for initial share sales. According to the firm, if one is to go by past trends, there is more than a two-third chance that investors would have made higher returns by investing in fixed deposits rather than in IPOs.

  • Cairn & HZL merger into Sesa: Is this the right time? Jan 12, 2015 04:28 PM IST

    Cairn & HZL merger into Sesa: Is this the right time?

    Reports say that mining baron Anil Agarwal is mulling merging Cairn and Hindustan Zinc into his flagship Vedanta Group firm Sesa Sterlite to create a global natural resources giant to rival Rio Tinto or BHP Billiton.

  • USL shareholders want a fair deal: Experts Dec 01, 2014 06:00 PM IST

    USL shareholders want a fair deal: Experts

    United Spirits was under pressure after minority shareholders rejected 9 proposals, which are related party transactions resolutions at its Extraordinary General Meeting. However, sources tell CNBC-TV18 that the company is hopeful of re-approaching shareholders on the matter.

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