Companies ensure payback if execs flout normsClawback clauses are in the spotlight after Chanda Kochhar was asked to repay bonuses after her sacking.
Where have all the US public companies gone?Since the creation of the Dutch East India Company in 1602, the public company has been a central fixture of the global economy.
Early-stage investment scene good in US and India too: Promod Haque, Norwest Venture Partnerss a managing partner at the global risk capital firm Norwest Venture Partners that manages a corpus of $3.2 billion.
- Metals trader Ushdev to get Rs 150-crore private equity fund by March-end
"Capital infusion of around Rs 150 crore from the Singapore-based private equity firm Oxley Group will happen by the end of the financial y...
- Set-up to recover ill-gotten wealth on anvil
The ministry of corporate affairs plans to constitute a body to recover wrongly-made money by corporates and distribute it among investors ...
- No client should exceed 10% biz of audit firm: Panel
No single corporate client or group should account for more than a tenth of the total revenues of any audit firm and its associates, a comm...
- Global economy woes cast shadow on climate talks
Painstakingly tough negotiations on how to fight climate change are getting even harder as concerns mount that the global economy is headin...
- ICAI fair puts CAs on career fast track
Get ready to pamper your chartered accountant. For, he might just leave for greener pastures.
- Foreign cos opposed to SOX can deregister their shares
The US Securities and Exchange Commission voted to allow foreign companies that object to Sarbanes-Oxley regulations to withdraw from US ov...
- Government is 'here to help' subprime borrowers
The Congress is making noises about doing something to help homeowners who can’t meet their mortgage payments hold on to their slice of the...
- NY, London battle it out over AIM
London's Alternative Investment Market (AIM), which is attracting smaller Indian companies in droves, has become a bone of contention betwe...
- NY and London is row over AIM
London's Alternative Investment Market attrcts Indian cos due to low disclosure & regulatory requirements.
- ‘Sarbanes-Oxley forcing cos to skip US, needs rejig'
A group of prominent executives and academics called for changes to the Sarbanes-Oxley Act that they say is driving companies away from the...
- Britannia to share data with ABIH
The Nusli Wadia-led Britannia Industries (BIL) has decided to consolidate its quarterly figures with Associated Biscuits International Hold...
- America Inc on back foot after Democrats' win
Democratic wins in the US Congress put business interests on the defensive on Wednesday while consumer and investor advocates hailed a new ...
- Sarbanes-Oxley brings US firms record IPO earnings
For all the hand-wringing over the Sarbanes-Oxley Act, the accounting and governance law driving companies away from US stock exchanges.
- America Inc finds an ally in Paulson in fight against Sarbanes-Oxley
Wall Street and corporate America have found a potent champion in Washington to back their demands for reduced corporate regulation: Treasu...