Diving brief: The chairman of the California Public Utilities Commission on Thursday announced a broad investigation into the “corporate governance, structure and operation” of Pacific Gas and Electric as part of a safety audit of its equipment, which was linked to several deadly forest fires. The statement from CPUC ChairmanRead More →
By Tina Bellon Reuters ST. LOUIS • Bayer’s chief executive reaffirmed his support for a corporate structure made up of healthcare, plant science and animal health businesses, after analysts called for a break to shore up his falling share price . Shares of drugmaker Bayer, which bought Creve Coeur-based MonsantoRead More →
The new IL&FS board led by Uday Kotak may first attempt to unravel the complex web of corporate structure woven by the previous management that resulted in the creation of 347 different entities with operations across the globe with little or no supervision at the group level. This would beRead More →