Brokerages give Nestle thumbs-down

Brokerage houses have begun downgrading Gurgaon-headquartered Nestle India, following a 1.1 percentage point increase in the rate of royalty by the company.Nestle announced on Friday the increase......

Private equity dealings at listed firms to face shareholders' test

The special privileges granted to private equity (PE) investors by listed companies are set to go through shareholders’ test. Illustration: Uttam Ghosh/Rediff.com Under new rules introduced......

Jet board members liable for the crisis

Independent directors were supposed to safeguard the interest of all stakeholders.Dev Chatterjee reports. Photograph: Francis Mascarenhas/Reuters With several independent directors quitting Jet......

Infosys rebuts Murthy over pay hike for COO

‘Pravin Rao's commitment and contribution to the company has been immense, and his partnership over the past three years has been critical to the successes and growth of our company,’......