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
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
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
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
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
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
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
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
