CORPORATE GOVERNANCE
Nvidia CEO Jensen Huang faces leadership questions as Republican senator calls for his resignation
Republican Senator Kevin Cramer has called for Nvidia CEO Jensen Huang's resignation over concerns surrounding his reported affair with a Chinese businesswoman suspected of links to Beijing's intelligence agencies. The controversy has raised corporate governance and national security questions, with experts warning of mounting scrutiny as Democrats prepare to take control of Congress.
These 7 private and public banking stocks have an upside of up to 20% in one year, according to analyst
When FPI money returns, there are two parts of the market that tend to draw it first: Financial services broadly, and banks within it. So the very thing that worked against these stocks when the FPIs were selling has started to work for them now that the foreigners are buying. Monday saw the first clear sign of it.
mjunction facilitates sale of 3,200 tonnes of onions through NAFED, NCCF auctions
mjunction Services has facilitated the sale of more than 3,200 metric tonnes of onions through digital auctions for government agencies NAFED and NCCF, as the government releases buffer stocks to improve market supplies and contain price increases.
EC extends model code restrictions to retired govt officials engaged by states
The Election Commission has decided to extend Model Code of Conduct provisions to retired government officials. This decision also affects individuals engaged by state and Union territory governments. They are required to maintain political neutrality during the election period. The new restrictions apply to various organizations funded by the government. Such individuals are prohibited from engaging in election campaigns or canvassing activities.
Eurozone bond yields fall as lower energy prices ease inflation concerns
On Tuesday, government bond yields in the Eurozone experienced a notable drop, particularly for French and Italian bonds. The easing of inflation worries, attributed to falling oil and natural gas prices, enhanced demand for bonds. Germany's 10-year bond yield fell to 3.25%, while France's decreased to 4.69%. Boosted by the US President's calming remarks, market sentiment improved, especially for nations that had faced challenges in their bond markets.
Nvidia CEO Jensen Huang could face major trouble when Democrats take control of Congress: Report
Nvidia Chief Executive Officer Jensen Huang could face scrutiny regarding his relationship with Alice Huang. Concerns have arisen about her possible links to Chinese intelligence and potential implications for national security. As Democrats prepare to take control of Congress, lawmakers may intensify scrutiny on Huang's conduct and business dealings. Governance experts suggest that this situation could lead to changes in Nvidia's leadership structure.
Need for rules comes to fore as India corporate landscape clutters up with family feuds
India's corporate landscape is witnessing a surge in family disputes that threaten the very foundation of long-established businesses. Following the exit or passing of key patriarchs, internal discord often erupts, underscoring the critical requirement for legislative mechanisms that favour transparent succession planning.
OMCs reject Karnataka’s high-ethanol fuel claim, seek fresh tests
State-run oil marketers in India have rejected Karnataka's claims regarding excessive ethanol content in petrol sold. They argue that the state's testing procedures lack adherence to prescribed standards and were unverified. The oil companies assert that their E20 fuel adheres to Bureau of Indian Standards and undergoes strict quality checks. They highlighted that previous tests indicated compliance within the mandated ethanol blending range.
Karnataka ethanol row: DK Shivakumar alleges excessive blending, promises evidence and documents on Monday
Karnataka Chief Minister DK Shivakumar has backed allegations of excessive ethanol blending in petrol sold in the state, claiming levels exceed the approved E20 limit. He said samples had been collected from 67 locations and an investigation was underway, with a minister set to present evidence and documents on Monday.
Akhilesh Yadav targets BJP after part of Bismillah Khan's house demolished, Varanasi officials deny role
Samajwadi Party leader Akhilesh Yadav criticised the BJP government for the demolition of Bismillah Khan's home. He expressed concerns about the loss of cultural legacy and the integrity of Bharat Ratna awardees. Municipal officials clarified that the family chose to demolish the structure independently after declining a museum proposal. The Varanasi Municipal Corporation had earlier issued a notice concerning the building's dilapidated condition.
Rahul Gandhi questions Centre over excess ethanol in E20 petrol, seeks action against oil companies
Rahul Gandhi has raised concerns regarding high ethanol levels in petrol sold in Karnataka. He claims that numerous petrol samples exceeded the prescribed limit of 20%. Oil marketing companies have disputed these allegations, asserting their fuel meets regulatory standards. Karnataka authorities are seeking accountability and transparency regarding fuel quality. An investigation into the matter has been called for to protect consumer interests.
Noel Tata to retire as Titan vice-chairman on November 12 after turning 70
By November 12, 2026, Noel N. Tata will step down from his positions at Titan Company Limited, adhering to the Tata Group's governance norms on the retirement age for directors. He has been a part of Titan's board since March 2022 and has filled several important roles within the Tata Group.
IOCL, BPCL, HPCL dispute Karnataka's claim of excess ethanol in petrol, seek fresh tests
Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation have disputed Karnataka's ethanol content claims in petrol. They reported testing showing their supplies adhere to prescribed ethanol standards. The companies also raised concerns about the sampling and testing methods used by the state government. They noted discrepancies in density readings related to the alleged high ethanol content.
Karnataka finds ethanol content above E20 limit in petrol samples, seeks action against OMCs
The Karnataka government has accused oil marketing companies of exceeding the mandated ethanol content in petrol. Tests conducted on petrol samples showed levels surpassed the legal 20% threshold significantly. The government plans to submit its findings to the Centre and seek appropriate actions against the companies involved. It has also demanded a compensation fund and clearer disclosures at fuel stations.
E30 petrol being sold as E20? Karnataka minister claims oil companies are supplying petrol exceeding the 20% ethanol limit
Karnataka Minister Rizwan Arshad has flagged alleged over-blending of ethanol in petrol after tests found concentrations of up to 31.2% in samples from major oil companies. The state has warned of possible damage to vehicle fuel systems, questioned laboratory disclosures and demanded action, consumer compensation and mandatory display of ethanol percentages at petrol pumps.
Global investors push South Korea's chaebols to speed up reforms
Global investors are increasingly urging South Korea’s chaebols to adopt necessary corporate governance reforms to address the existing valuation gap. Despite solid market performance, many South Korean stocks are viewed as undervalued on the global stage. Notably, Samsung Electronics has attracted criticism for not providing adequate shareholder returns despite their record-breaking profits earlier this year. Financial institutions seem to favor shareholder-friendly measures, in contrast to larger conglomerates that exhibit resistance.
Bus, milk fare hikes hit people in Karnataka ahead of Diwali season
Karnataka's Congress government has announced a bus fare hike across all four state-run transport corporations from November 5, with increases averaging 23% for KSRTC and 33-35% for BMTC. Chief Minister DK Shivakumar defended the move, citing mounting losses and operational costs, while challenging the Centre to reduce fuel prices.
India Inc’s boardroom report makes for grim reading
Women currently hold one in five seats on Nifty 100 company boards, remaining unchanged over the past four years. Younger independent directors under the age of 50 have decreased in number on these boards. A report reveals that 17 companies, primarily state-run, lack the required number of independent directors.
Tata Motors takes 89.42% stake in Iveco, gains control of Italian CV maker
Tata Motors has completed the acquisition of a controlling stake in Iveco Group, which now becomes an indirect subsidiary. The transaction involved purchasing shares for €14.4 each, resulting in a total of 238 million shares. This acquisition is expected to enhance Tata Motors' global presence and create a more diversified entity. Tata Sons chairman N. Chandrasekaran has been appointed as the chairperson of the Iveco board.
Load More
