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The risks of poor governance to investors in IndiaFor instance, inheritance within the family to the male members may allow the business to pass from one generation to the next but also cre...- Former MD of Tata Communications, Vinod Kumar, joins Vodafone GroupThe UK-based telecom major said in a statement that Kumar will take his new post with effect from September 2.
- Investors should focus on becoming more informed and aware of risksFinancial markets are risky places even without scams. Indian investors should focus on becoming more informed and aware of those risks
- Four famous mergers that went southThe biggest pharma union ever, Pfizer and Allergan in a $160 billion deal, was scuttled by the US government this month. Here are a few oth...
- India needs positive environment for whistleblowers: Experts"Organisations which stays ethical in all its products and services would have corporate advantages that translates to higher revenues, mar...
- With the increase in scams like Oylmpus, life is becoming tough for auditorsIf you work as an auditor for a big accounting firm, it just got that much harder to make the case that society should value your services.
- Five of ten biggest ever bankruptices in current crisisWith General Motors's fall into bankruptcy on Monday, the current economic crisis has accounted for five out of the ten biggest ever bankru...
- Citi's Pandit among 20 worst ever CEOs; Lehman's Fuld on topCiti's Vikram Pandit is among 20 worst ever CEOs in US history, but the top honours has gone to Lehman Brothers' Dick Fuld. Oracle's Elliso...
- Reforming corporate governanceIn order to raise the bar for corporate governance standards, factors like total transparency, integrity and accountability must be taken i...
- Satyam scam to be included in B-schoolsThe Satyam scam is now going to be a part of most B-school curriculum, including Hyd's Indian School of Business.
- We will prosecute Raju if US laws violated: VianaleUS based law firm, Vianale, filed class action lawsuit against Satyam on behalf of purchasers of ADS of the co. Satyam Fraud: Big questions...
- The world has seen much bigger fraudsWhile Satyam remains the biggest accounting fraud in the history of Corporate India, it has had more than one international precedent.
- Light but firm touchThe rating agency model is flawed and needs to be fixed.
- New guidelines may help future Enrons escape punishmentUS businesses, with the help of civil libertarians, are on the verge of outmanoeuvring federal prosecutors and persuading Congress to limit...
- Verizon to kick off ILD services hereUS telecom major Verizon proposes to set up international long distance (ILD) operations in the country.
- Sarbanes-Oxley brings US firms record IPO earningsFor all the hand-wringing over the Sarbanes-Oxley Act, the accounting and governance law driving companies away from US stock exchanges.
- WorldCom's ex-chief Ebbers faces 25-year prison termA federal appeals court upheld the securities fraud conviction of former WorldCom chief executive officer Bernard Ebbers, who’s now likely ...
- Deal logjam may trigger claim under D&O policyThe legal tussle between Sahara and Jet may trigger a claim under Jet Airways’ directors and officers (D&O) policy.Jet had gone in for a Rs...
- India, China, Cuba look for new rules for foreign investorsIndia, China and Cuba are calling for a new set of rules to make foreign investors more accountable to governments. Pakistan, Kenya and Zim...
- Call for strict penalties for corporate offencesIn the wake of corporate malpractices indulged in by giants such as Enron, WorldCom, Xerox, and Merck, the department of company affairs (D...
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