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HARIBHAKTI ASSOCIATES
SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
Buybacks to be taxed as capital gains; retail investors benefitThe budget introduces a significant change in how share buybacks are taxed. Individual shareholders will now pay a lower 12.5% tax on buyba...
India Inc boards make more room for young gunsYoung directors under 40 are rising in Bengaluru’s India Inc boardrooms, with a 456% increase in independent directors. As of March 31, 202...
Swiggy appoints Suparna Mitra as new independent directorSuparna Mitra joins three other independent directors on Swiggy’s board. Mitra is also the CEO of the watches and wearables division of Tit...
TVS Motor inducts two new independent directorsThe two new board members are Chennai-based Sanmar Group’s chairman Vijay Sankar, and Shailesh Haribhakti of Shailesh Haribhakti & Associat...
TVS Motor to issue preferential bonus shares in 4:1 ratioAssuming the existing number of equity shares of the company, around Rs 1,900 crore will be utilised from general reserves or earnings of t...
Mallika Srinivasan steps down as Swiggy's independent directorSwiggy said Srinivasan was stepping down due to “increasing business commitments”, without explaining further. The firm did not name a repl...
Embedded Finance startup Fixerra raises Rs 14 crore in funding from investors, family officeFixerra fundraise saw participation from investors such as Jaideep Hansraj, MD of Kotak securities, Shailesh Haribhakti, chairman of Shaile...
Corporate chiefs in demand in new-age sectors; survey shows 40% CEOs from 220 cos jumped ship in past three yearsSince 2019, chief executives of 90 cos — about 40% out of 220 surveyed — have jumped ship, according to a study commissioned by ET. The ban...
Blue Star appoints Anita Ramachandran as independent directorShe will also be a member of the Nomination and Remuneration Committee and the Corporate Social Responsibility Committee, the company said ...
Moonshots for an equitable and prosperous tomorrowESG compliance has to be effected across 6 capitals to ensure an effective rollout – Natural, Human, Finance, Manufactured, Social & Relati...
Good ESG actions key to a successful business today: Experts“ESG is becoming the fulcrum around which investments start happening,” said Shailesh Haribhakti, chairman, Shailesh Haribhakti Associates ...
Covid forces companies to relook at board mixThe current pandemic, which has challenged businesses like never before, has also got them thinking about the quality of their board of dir...
Covid forces cos to relook at board mix, assess independent directors’ value additionExecutive search company Odgers Berndtson India MD Prasad Medury said, “The pandemic has taken boards of organisations by surprise. Our int...
A few million dollars more for InvITsAs per data, a total of around $5.6 bn has been invested in India’s InvITs by global investors.
Independent directors in a fix after SC order on asset transfer in Jaiprakash Associates caseSeveral independent directors on boards of cos are now seeking legal advice to find out to what extent they can be held liable for any oper...
BDO International sells 10% JV stake to Indian partner HaribhaktiThe split is the second for the Belgium firm after it broke off in 2008 with Kolkatta-based Lodha and Co owned by late RS Lodha.
- Rel Infra told not to appoint Price Waterhouse for 3 yrs
Sebi directed Reliance Infrastructure not to appoint Price Waterhouse as its statutory auditor for three years.
- Firms line up NCDs worth Rs 6,000 crore
About a dozen cos and financial institutions hope to cash in on investor interest amid rising interest rates. Strategies to adopt for RIL s...