Keyword : Companies Act

The curious case of missing independent directors

The concept of independent directors (IDs) was first introduced in India by the Securities Exchange Board of India (Sebi) in February 2000, as part of its standards on corporate governance for list

180 companies including 32 PSUs still do not have women directors

A week past the deadline to have at least one woman director, 180 listed companies including 32 public sector undertakings (PSUs) and public sector banks (PSBs) are still non-compliant. These inclu

Maharashtra plans to urge companies to up spending

For better management and to make a difference in the society, the Maharashtra government plans to meet 100 private companies’ representatives in October to encourage them to invest more in c

CSR activities: No takers for arts, army welfare

Six of the 11 areas identified under the Companies Act, 2013, for corporate social responsibility (CSR) expenditure have attracted little interest in 2014-15, the first year since the new CSR rules

What ails investment

The growth rate of GDP in the country was 7% during the second quarter of 2015, lower than the 7.5% growth recorded in the preceding quarter. It was also lower than government estimation of 7.4% in

Government finds it difficult to appoint women directors: Nirmala Sitharaman

 The government is finding it extremely difficult to appoint women on boards of companies, said minister of state for commerce and industry Nirmala Sitharaman. Addressing a gathering

Tata-Mistry fallout: Independence of independent directors

The Tata-Mistry melee prompts a reassessment of the institution of independent directors and the role they play in ensuring effective corporate governance in India. Though independent directors are

No criminality in business default: PSB consolidation from April

Genuine and bona fide default in business will no longer lead to the tag of criminality and punishment, as the government has decided to amend the company law. The union cabinet, chaired by prime m



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