Reliance Energy Asks Six Directors to Reconsider Resignations
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Reliance Energy Ltd., India&#39;s second- biggest utility by market value, said it asked six directors who quit last week to withdraw their resignations.
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[Business India]: New Delhi, Dec 23 : Anil Ambani, the Vice Chairman of Reliance Industries Limited (RIL) and Managing Director of Reliance Energy (RE) has reportedly demanded a discussion on changes in Reliance Infocomm equity, charging that the RIL
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The rift in India's Ambani family which controls India's biggest private enterprise group Reliance deepened as elder brother Mukesh rejected his younger brother's objections to a change in their management roles, a report said.
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Under pressure from regulators, the directors of Marsh & McLennan Companies, the big insurance broker, are moving to force the resignation of Jeffrey W. Greenberg.
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On Friday, the former Disney directors who led a shareholder rebellion aimed at the ouster of Disney's chief executive and other directors this year said they had dropped plans to run a slate of directors at next year's shareholders meeting.
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The Securities and Exchange Board of India will examine the legal aspects of alleged insider and unfair trading practices in Reliance Industries&#39; scrip in the wake of RIL vice-chairman and managing director Anil Ambani&#39;s comments before the company&#39;s
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Mumbai: The board of Indian power utility Reliance Energy Ltd. told the Bombay exchange on Tuesday it had asked its six directors who resigned last week to reconsider their resignations.
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Reliance Industries Ltd. vice-chairman Anil Ambani said on Monday a share buy-back at this time was "completely inappropriate" and that he was neither consulted nor informed of the proposed share buy-back.
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MUMBAI: The key stock market index was range-bound in the early trade on Monday as corporate behemoth Reliance Industries began its crucial board meeting to consider a share buyback programme.
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Blog: Shareholder advisory firms urge shareholders to protest Yahoo CEO's $71 million salary package by voting against re-election of three board members.
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Alfonso Cortina, chairman and CEO of Spanish-Argentine oil giant Repsol YPF, tendered his resignation Wednesday at a meeting of its board of directors, an industry source said.
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Mumbai, Dec 27 (UNI) The Reliance Industries Limited Board of Directors at its meeting today, with RIL Vice Chairman and Managing Director Anil Ambani abstaining from voting, approved the proposal of buyback of the company&#39;s fully paid up equity shares of
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Resignation points to potential problem for Dutch lender in keeping staff as takeover battle plays out.
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Several initial public offerings have been withdrawn in India in recent weeks as once-resilient investors rethink their commitment to Indiaâs volatile stock markets.
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Hewlett-Packard Co  said its  board of directors met for several hours on Sunday morning and  has agreed to reconvene late Monday afternoon as criticism  continues to mount over a controversial board investigation  into leaks to the media.
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The outgoing chief executive of Australian telecommunications giant Telstra said Friday his departure was prompted by differences between him and the company&#39;s board of directors.
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The acceptance by Reliance Energy (REL), of the right claimed by RIL to nominate, so long as it held 26 per cent of it, both the chairman and the VC of REL, followed by Mukesh Ambani annulling his 12 per cent stake granted through sweat equity, in