Topping Corporate Governance Charts
CSB Bank tops the list of banks adding credibility to India’s financial system by adopting best corporate governance practices.
CSB Bank tops the list of banks adding credibility to India’s financial system by adopting best corporate governance practices.
Suzlon Energy says the exercise is being carried out with the intention of identifying any gaps in the existing corporate governance practices.
While these gaps have been mitigated, it is necessary that boards and the managements do not allow such gaps to creep in, says RBI governor
They are conduits for money laundering, hiding money and properties and evading tax, thereby making a mockery of corporate governance.
Most Indian businesses have been built around individuals who are unwilling to relinquish control or develop others who could add strength to their organisations.
Profit cannot be the sole objective of businesses, they need to worry about all stakeholders and communities where they live and work, says Punit Renjen.
The 68-year-old Biocon chairperson retorted that information related to overseas entities were disclosed to regulatory agencies, and Kunal Kashyap's role is devoid of any legal authority.
As information becomes more democratised, the need for companies to strike a balance between profitability and sustainability is growing.
The Budget proposes to raise the 49% cap on foreign direct investment (FDI) in insurance companies to 74%, with governance and management safeguards.
CMDs at India’s top 500 listed companies had time till April 1, 2020, to comply with a SEBI mandate for splitting the role. Now they have got a two-year extension.