Evolution of boards: How boardrooms have changed in more than a decade— in size, gender diversity, compensationWomen representation on corporate boards has gone up from 4.6% in 2006-07 to 14% in 2019. But this is largely driven by compliance. Even th...
Tech firm studying board evaluations says Nifty50 cos complied more with norms since 2015The report added that eleven companies or 27.5 per cent of the companies have identified and reported improvement areas in their business a...
ICAI factors in new accounting challenges as auditors prepare for life after CovidThe biggest issue relates to the going concern concept. Section 134(5) of the Companies Act requires directors to state that the annual acc...
11 Nifty-50 companies deviate from Sebi rulesOf the 26 deviations, stock exchanges took penal action against five companies for six lapses.
Tough for directors to give up ID numbersA recent news item that the government has decided to deactivate the DINs of as many as 21 lakh directors was followed by a frenzy of messa...
In light of PNB scam, top executives quit Firestar International boardThey include Sanjay Rishi of American Express, former PepsiCo executive Gautham Mukkavilli and former Wipro CFO Suresh Senapaty.
Stepping down of Sikka has created an inflexion point in India for corporate governance: ExpertsVishal Sikka, now the ex- MD and CEO of the country’s IT giant Infosys resigned on Friday alleging frequent instances of interference by th...
How boardroom battles like Tata-Mistry tussle bring governance to the foreFrom a perfunctory practice to one that fosters good corporate governance, board evaluation gets serious.
Independent directors must safeguard minority shareholders' interest, resolve conflictLast week, all six independent directors of Indian Hotels Company (the Taj Group) backed Mistry's leadership.
For India Inc, board evaluation still at nascent stage: StudyUnder the Companies Act, 2013, listed and public firms with paid-up share capital of Rs 25 crore or more are required to conduct board eval...
32 Nifty companies fail to meet CSR limitsCimplyFive said that as many as 32 Nifty companies (64 per cent) did not spend their prescribed amount for CSR.
Former Wipro CFO Suresh Senapaty joins Cimplyfive boardCimplyFive has appointed former Wipro CFO Suresh Senapaty as the non-executive chairman to its board