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Sebi approves LIC’s reclassification as public shareholder in IDBI Bank post completion of its strategic disinvestment

Sebi approves LIC’s reclassification as public shareholder in IDBI Bank post completion of its strategic disinvestment

by AIP Online Bureau | Aug 24, 2025 | Indian News, Life, Regulation

The voting rights of LIC will not exceed 10% of the total net effective voting rights of the IDBI Bank. Post completion of the strategic disinvestment transaction, the LIC will bring down its residual shareholding in the IDBI Bank to 15% or below, within two years of...
Boeing is sued by shareholders following MAX 9 blowout

Boeing is sued by shareholders following MAX 9 blowout

by AIP Online Bureau | Feb 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management

According to a proposed class action filed on Tuesday, Boeing spent more than four years after the Oct. 2018 and March 2019 crashes of two other MAX planes, which killed 346 people, assuring investors that it was “laser-focused” on safety and would not sacrifice...

U.S. ESG shareholder resolutions up 22% to record level for 2022, study finds

by AIP Online Bureau | Mar 20, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy

Many seek details on carbon emissions or workforce diversity. Successes activists scored last year such as changing directors at Exxon Mobil Corp could make directors look at proposed changes more favorably, said sponsors of the review U.S. corporations face an...

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