HomeAI · summaries
Storia in 2 fonti
PVR Inox shares crash 8% after alleged Rs 200 crore kickback investigation; company issues clarification
Reports of an internal probe into alleged kickbacks have caused a steep decline in PVR Inox shares. Following the investigation, a senior executive exited the company in April, though PVR Inox clarified this was for personal reasons. Additionally, the company has initiated a tender-offer buyback for shares while emphasizing its unwavering adherence to ethical business practices and strong governance.
Confronto fonti
2 prospettive sulla stessa storiaTimeline cronologica
- ·
economictimes.indiatimes.com
PVR INOX executive shown door in April after probe into alleged developer kickbacks
A senior PVR INOX executive was asked to leave in April after an internal probe. Allegations suggest kickbacks from developers involved in building cinema properties. These…
- ·
thehindubusinessline.com
PVR Inox shares slide 7% as buyback record date
Shares of PVR Inox Ltd fell sharply on Monday morning, dropping as much as 8.2% to an intraday low of ₹1,126.60 on the NSE.
