Following the decline, LIC, which holds 20,23,69,591 shares in the bank, saw the value of its investment fall by about Rs 338 crore in a single session. The Government of India, which owns 66,65,70,000 shares, suffered a larger notional erosion of around Rs 1,114 crore.Together, the two public institutional shareholders lost roughly Rs 1,452 crore in market value as investors reacted to the disclosure. The broader sell-off wiped out nearly Rs 14,000 crore in market capitalisation, marking the stock’s steep ...

Core Insights - Michael Burry has once again targeted Palantir Technologies Inc. due to CEO Alex Karp's significant private jet expenses, which have raised concerns about corporate governance and executive perks [1] Financial Overview - Palantir's Form 10-K reveals that the company reimbursed CEO Karp $17.2 million for the use of his "Executive Aircraft" in 2025, marking a 123% increase from the $7.7 million reported for 2024 [2] - Financial analysts have found it challenging to reconcile the $17.2 million expenditure with standard aviation costs, with Jefferies' analyst Brent Thill noting that this spending is elevated compared to peers like Meta's Mark Zuckerberg and Palo Alto Networks' Nikesh Arora, who spent approximately $1.8 million and $2.4 million respectively on similar travel [3] Governance Concerns - The disclosure of Karp's travel expenses has reignited scrutiny regarding Palantir's internal controls, with critics arguing that the CEO's travel budget indicates a lack of the same financial discipline that the company promotes through its own software solutions [5]

The board of Goldman Sachs recently updated its governance policy, removing formal DEI criteria from director selection. Other major banks, including JPMorgan Chase, Wells Fargo, and Morgan Stanley, have made similar adjustments. The headlines frame this as a retreat from diversity. A more important question is whether it creates space for a broader and more practical conversation about what kind of diversity boards actually need. The original premise of diversity initiatives grew out of mid-20th centu ...

Vancouver, British Columbia--(Newsfile Corp. - February 19, 2026) - Skychain Technologies Inc. (TSXV: SCT.H) (the "Company" or "Skychain") provides the following update regarding the transition to the newly constituted board of directors appointed pursuant to the order of the Supreme Court of British Columbia dated January 15, 2026.The Company has discovered and received certain physical corporate records and materials that are stored in a public storage room. These materials consist primarily of paper rec ...

Core Viewpoint - Hormel Foods is a global branded food company focused on protein and consumer understanding, emphasizing strong corporate governance and disciplined capital allocation [1][2] Group 1 - Hormel has raised its dividend for 60 consecutive years, showcasing its commitment to returning value to shareholders [2] - The company is currently navigating a dynamic food environment with a strong portfolio of market-leading brands and a well-positioned foodservice segment [2] - Hormel has an expansive global presence, which supports its competitive positioning in the food industry [2]

[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) ............. Nestlé proposes Ma. Fatima D. Francisco and Thomas Jordan for election to its Board of Directors; updates its governance practices Nestlé announced today that it proposes Ma. Fatima D. (Fama) Francisco, Chief Executive Officer of Procter & Gamble’s (P&G) Global Baby, Feminine and Family Care sector, and Thomas Jordan, former Chairman of the Governing Board of the Swiss Nat ...

MIAMI, FL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Earth Science Tech, Inc. (OTC: ETST) (“ETST” or the “Company”), a strategic holding company focused on a diversified, vertically integrated health and wellness portfolio, today announced the engagement of Semple, Marchal & Cooper, LLP (“Semple”) as its new independent Public Company Accounting Oversight Board (PCAOB) auditor. This transition represents a strategic upgrade in the Company’s financial governance infrastructure. As ETST continues its rapid expansion ...

Corporate Governance Roadshow 2026 Richard Ridinger, Chairman of the Supervisory Board February 2026 INTAG Governance Update Supervisory Board Elections & Remuneration System The Supervisory Board is a highly qualified and experienced team with diverse backgrounds Richard Ridinger – Chair of the Supervisory Board Wijnand P. Donkers Not standing for re-election Suja Chandrasekaran ■ Int. experience: Positions in USA and Brazil Ulrich M. Harnacke Standing for re-election Susanne Wiegand Dominik de Daniel ■ In ...

The surge in SK Hynix’s stock has been a major propellant behind South Korea’s KOSPI index. - jung yeon-je/Agence France-Presse/Getty Images Amid all the frantic churning — with many tech stocks battered but some cyclicals and defensive plays rallying — the U.S. equity market has gone pretty much nowhere in 2026. But while the S&P 500 is down 0.14% this year, some Asian markets have been “bangers,” according to Tony Pasquariello, global head of hedge-fund coverage at Goldman Sachs. Most Read from Marke ...

By Fabian Cambero SANTIAGO, Feb 13 (Reuters) - Chilean state copper miner Codelco on Friday removed three senior executives linked to its El Teniente division, the site of a ‌deadly collapse last year, after an internal audit found inconsistencies tied to a prior ‌accident in the same mine. Codelco said that an internal audit stemming from the July accident at El Teniente uncovered "serious breaches ​of duty" by executives after a rock explosion within the mine in 2023, including in the company's reports ...