BC Jindal Group, a major manufacturer of packaging and labelling products, is likely to be the new partner in Tower Semiconductors proposal, , partnership, jindal group, Tower Semiconductors, Next Orbit Ventures
Hopefully, the Singhania family dispute will soon get resolved and Jindal will be cleared of the charges. But what happens in the interim? Should the two step down till such time as their personal issues are sorted?
This comes at a time when Reliance Retail, owned by Mukesh Ambani, is also in the running to acquire the beleaguered company. Previously, Reliance Retail had requested an extension until 30 October to make a decision on its bid for Future Enterprises
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In his new role as a non-executive director, Jindal will not receive compensation from the company, except for the sitting fee for attending Board and Committee meetings, , jindal steel and power, naveen jindal, jindal group