Prøve GULL - Gratis
Hyundai's related-party deals under question
Hindustan Times Ranchi
|March 10, 2025
Hyundai Motor India Ltd's proposals to buy goods and services in excess of ₹31,000 crore during next fiscal year from related companies, which could be more than half the purchases it made in the previous financial year, have divided two of the country's leading proxy advisory firms.
NEW DELHI:
Stakeholders Empowerment Services (SES) and Institutional Investor Advisory Services (IiAS), both based in Mumbai, have put out contrasting notes on Hyundai's resolutions for dealing with seven related companies.
While SES has asked shareholders to vote against 6 out of the 7 resolutions, saying that through the proposed deals, Hyundai Motor India may end up transferring its potential profits to firms linked with its promoters, IiAS did not red flag any proposed deal with the companies, advising shareholders to approve them.
The remote e-voting on the resolutions started on 12 February and is scheduled to end on 13 March. The result will be announced on 17 March.
Denne historien er fra March 10, 2025-utgaven av Hindustan Times Ranchi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Ranchi
Hindustan Times Ranchi
Race against the machine
THE F1 QUESTION
3 mins
April 12, 2026
Hindustan Times Ranchi
Artemis 2’s journey around the Moon ends with splashdown in Pacific Ocean
{ ASTRONAUTS RETURN HOME
2 mins
April 12, 2026
Hindustan Times Ranchi
A rare winner in the war on Iran is China
Strategically, Beijing benefits from a war that has weakened American firepower. Energy disruptions will boost demand for China's clean-tech exports
4 mins
April 12, 2026
Hindustan Times Ranchi
A critic in Tel Aviv in the time of Israel’s war
I’m not generally given to admiring people.
3 mins
April 12, 2026
Hindustan Times Ranchi
Grim fairytales
The 33-year-old Dutch artist started her career inspired by the idea of art for all.
4 mins
April 12, 2026
Hindustan Times Ranchi
Surface tension
It’s hard enough to make love work without placing on it impossible constraints. Why fret over looks, height, assets, when it is kindness that is the rare gift and goodness that will last?
2 mins
April 12, 2026
Hindustan Times Ranchi
UK pauses plan to cede Chagos over US oppn
Britain's government said on Saturday it had put on hold its deal to cede sovereignty of the Chagos Islands— home to the US-British Diego Garcia air base — which has been criticised by US President Donald Trump.
1 mins
April 12, 2026
Hindustan Times Ranchi
Claw and order
What does it mean to not have to rely too heavily on winter wear in Ladakh? In an unseasonably warm March, Rohini Nilekani tracks lynxes, blue sheep and big cats as they climb higher into the mountains - and seeks, hopes for and finds the Shaan or ghost of the mountains, the famously elusive snow leopard
3 mins
April 12, 2026
Hindustan Times Ranchi
Giving women their due in law-making
On newspaper front page ads, the BJP is listing its various accomplishments for women, from clean water to toilets and homes.
2 mins
April 12, 2026
Hindustan Times Ranchi
A sway with words
here is a moment near the end of Baz Luhrmann’s EPiC: Elvis Presley in Concert, released in February, in which Bono's voice arrives over the closing credits like a man leaning in to settle something.
2 mins
April 12, 2026
Listen
Translate
Change font size