Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
The Board of Control for Cricket in India, following a request from Sunil Gavaskar, interim president BCCI-IPL, has appointed Deepak Parekh as his special advisor for the 2014 season of the Pepsi Indian Premier League.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.