Mumbai : Companies are facing less dissent from shareholders these days. Shareholder resolutions with more than 20% dissent from institutional shareholders dropped to 16% in the recently concluded proxy season, down from 17% in the previous two fiscals, as per data from primeinfobase.com. In actual numbers, 1,581 out of 10,092 resolutions saw more than 20%…
READ MORERising for the second straight session, equity benchmark indices Sensex and Nifty closed higher on Tuesday, helped by fag-end buying in banking counters and a firm trend in global markets. Stocks that were in focus include names like Maruti Suzuki, which fell 4.16%, Cipla, which was down 1.6%, and Adani Ports, whose shares jumped nearly…
READ MOREAs many as 99 companies have fixed their record dates this week for the purpose of determining the eligible shareholders for the payout of their dividends. Out of the lot, 5 are Nifty companies, i.e, Ultratech Cement, Maruti Suzuki, Cipla, Diviβs Laboratories and Hero Motocorp. Other names include companies like Vedanta, Oberoi Realty, Sundaram Finance…
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