Family feud dogs Finolex Cables
Mumbai: Eight resolutions pertaining to the appointment of directors at Finolex Cables (FCL) were defeated at the Pune-based company’s annual general meeting (AGM) last week by majority shareholder Prakash Chhabria, the son of Finolex Group’s late founder Pralhad Chhabria, bringing back to centre stage an ongoing feud in the Chhabria family.The resolutions were moved by Prakash Chhabria’s