CalPERS Votes for Nelson Peltz, Jay Rasulo in Disney Boardroom Battle

The California Public Employees Retirement System (CalPERS) said the US pension fund has voted to elect activist investors Nelson Peltz and Jay Rasulo to the board of the Walt Disney Company, Reuters reported Friday. “CalPERS believes Walt Disney Co will benefit from fresh eyes on its board of directors and…

LIC gets GST demand notice of Rs 178 crore | BusinessNews

Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years. The company has received a communication/demand order for interest and penalty from the Additional…