India Insight

Ambani rivalry spills over at shareholder meeting

July 30, 2009

Anil Ambani on Tuesday used an annual shareholders’ meeting to lay into his older brother and the government for good measure, over the issue of gas pricing which is at the heart of the most recent spat between the fighting Ambani brothers.

Whither shareholder activism?

July 15, 2008

July is the season for shareholder meetings, an annual rite of passage for Indian companies, with directors, shareholders and reporters trooping into large, badly-lit auditoriums to hear the chairman speak glowingly of the achievements of the past year, and a litany of woes from shareholders.