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COMMON DIRECTORSHIPS
Govt defers restrictions on common directorships across insurers, banksMost large life and general insurers in India are promoted by banks and have nominee directors drawn from their promoter banks' boards or s...- Provision in new Insurance Bill sparks fears of board shake-upsA new insurance law provision raises concerns for directors. It may force many to step down from insurance boards. This impacts bank-promot...
- India Inc faces boardroom gap: Talent for independent directors exists but access remains a hurdleIndia Inc. faces a significant imbalance in independent director appointments, with many qualified professionals overlooked due to reliance...
- Family feud deepens with Baba Kalyani’s son Amit battling for Hikal board seat: ReportA family feud between Baba Kalyani and his sister Sugandha Hiremath intensified as Amit Kalyani faces a crucial reappointment vote at Hikal...
- Sebi bars entities, individuals for unauthorised advisory servicesThe direction came after complaints against 15 entities, who were allegedly involved in the activities of rendering investment advisory for...
- CCI keeping tabs on PEs taking up board seats in rival companiesWhile the Competition Commission of India (CCI) has no issues with PEs owning minority stakes in rival companies, in terms of board represe...
- Illicit affair, fund diversion, the Max Group family feud veers towards a messy unravelingIn a petition filed before the NCLT, Neelu Analjit Singh also sought an investigation into the affairs of Max Ventures Investment Holdings ...
- JK Cement’s minority shareholders block changes to company’s AoA“The Board took note of the result of the voting in respect of an alteration of articles of association and decided not to go ahead,” the c...
- Taxman chases funds missing from HSBC accounts in GenevaThe scrutiny notices to HSBC account holders were served by the I-T department in 2011-12, soon after France handed over the list that was ...
- Dhyana Finstock case: Sebi slaps Rs 6.55 crore fine on 81 entitiesThe regulator examined KYC (Know Your Customer) documents, common directorship, fund transfers and off-market transfers of shares and found...
- Ujjivan Small Finance Bank's Director resignUjjivan Small Finance Bank (SFB) on Monday said its independent director Luis Miranda has resigned from its board to abide by conflict of i...
- Sebi's New Year's gift to India Inc on scheme of arrangementA listed co would now need to file draft scheme with stock exchanges for disclosure purposes.
- Government can take charge of Financial Technologies on proof of scam: Ministry of Corporate AffairsThe Rs 5,600-cr NSEL payment crisis erupted last July when the exchange was unable to settle contracts, MCA ordered an inspection in Septem...
- Sebi slaps Rs 1.25 cr penalty on 11 entities in REI Agro caseSebi has imposed a total penalty of Rs 1.25 crore on 11 entities including three promoters of REI Agro for alleged fraudulent trading.
- James Murdoch quits as director of UK titlesJames Murdoch resigned today as director of the UK-based companies that run prestigious titles like The Sunday Times.
- Women hold just 5 pc board positions in BSE-100 firms: SurveyPortraying the stark gender imbalance in top corporate rungs, a study has found that women hold barely 5 per cent of board positions in the...
- RBI may have to find a way out to sponsor banksRBI may have to find a way out to allow business houses sponsor banks. It can be through graded ownerships, higher capital, financial inclu...
- Insurers must take cover off TPA holdings: PanelThe IRDA Committee to Evaluate Performance of TPAs has also recommended enhancing paid-up capital of TPAs to at least Rs 2 crore.
- Women yet to break that ‘concrete’ ceilingThe number of women in senior positions has declined in a range of categories including the House of Commons, the Cabinet and the judiciary...
- UK report notes fewer women in top jobsThe number of women in senior positions has declined in a range of categories including the House of Commons, the Cabinet and the judiciary...
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