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FIDUCIARY RESPONSIBILITY
Kerala HC orders independent re-evaluation of Sabarimala ghee saleThe Kerala High Court has ordered a fresh probe into alleged fund misappropriation by Travancore Devaswom Board employees. The court expres...- Physicswallah shares rally 18%, snap 5-day losing streak. What's behind the surge?PhysicsWallah shares rose sharply on Thursday, adding nearly Rs 5,000 crore in market value after the company reversed its lending strategy...
- GameStop shares tank 10% as CEO skips fundraising question on $55 billion eBay dealGameStop shares fell over 10% after CEO Ryan Cohen sidestepped questions on funding its $55.5 billion bid for eBay. The proposed half-cash,...
- IT companies fast aligning compliance architecture with DPDP enrouteAs India's May 2027 Digital Personal Data Protection Act deadline looms, IT majors like Infosys, Wipro, SAP, and TCS are actively strengthe...
- Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
- Tata Trusts may not recast trustee tenure amid ordinanceTata Trusts, citing legal advice, may not revise existing trustees’ tenures despite a Maharashtra ordinance capping perpetual trustees. Exp...
- HDFC Bank exit spotlights board failures; from Satyam Computers to Tata Trusts, governance gaps hit corporates and nonprofits alikeCorporate and social sector boards face governance challenges. Recent events highlight the need for competent, diverse, and cohesive boards...
- Tata Trust row deepens as Mehli Mistry seeks administrator for SDTTMehli Mistry, removed from Tata Trusts, has filed a complaint with the Maharashtra Charity Commissioner. He seeks an administrator for the ...
- Central government yet to notify selection panels for data protection boardFive months after establishing the Data Protection Board of India (DPBI), the government has yet to set up search-cum-selection committees ...
- US Stocks | Iran war may push US inflation, interest rates higher than expectations, warns JPMorgan CEO Jamie DimonJPMorgan CEO Jamie Dimon warns that the US-Iran war and rising oil prices could push inflation and interest rates higher than expected, des...
- US Stock Markets | US moves to open retirement funds to private equity, crypto in major policy shiftThe Trump administration proposed allowing alternative assets like private equity and crypto in U.S. retirement plans, aiming to broaden in...
- HDFC Bank: After Atanu Chakraborty’s shock exit, Sebi chief sends strong message to independent directorsCapital markets regulator Sebi chairman Tuhin Kanta Pandey has spoken out after a top banker resigned. Pandey stressed that independent dir...
- Data law spurs hotel contract resets on guest privacyHotel owners are actively revising contracts with international operators and booking platforms. This proactive step aims to clarify data p...
- Word of the day: FiduciaryToday's word of the day 'fiduciary' describes relationships built on legal and ethical trust, where one party must act in another’s best in...
- ET Graphics: Decoding India’s new data protection rulesET decodes what the regime will mean for diverse groups, explains the staggered implementation of provisions and traces the twists and turn...
- Digital Personal Data Protection Act: Social media users under 18 to require parental consentThe draft rules of the Digital Personal Data Protection Act 2023 mandate parental consent for children under 18 to access social media in I...
- High-risk data fiduciaries to be regulated more granularly under Data Bill: MoS IT Rajeev ChandrasekharThe minister said it is the responsibility of the platforms (social media intermediaries) to do their due diligence, and that he is genuine...
- Mutual funds' penetration remains extremely low in India: Navneet Munot of HDFC AMCMutual funds' penetration remains extremely low in the country despite strong growth in the past decade, HDFC Asset Management Company chie...
- Sebi seeks comments on fresh norms for fiduciariesThe move assumes significance as the role of auditors has come under scanner in a number of high-profile cases.
- US court holds Indian guilty of breach of fiduciary responsibilityA US court has held that the former director of the Indian operations of Thomas Weisel Partners has breached the fiduciary responsibility h...
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