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COMPENSATION OF INDEPENDENT DIRECTORS
HDFC Bank shares fall 5% in two sessions; lender responds to recent Rs 45 crore differential payment reportHDFC Bank shares dropped for a second day following a report of an internal investigation into Rs 45 crore in payments disguised as marketi...
Ambani bets on Jio, AI and green energy to power RIL's next chapterReliance Industries is placing Jio Platforms at the core of its future growth. Chairman Mukesh Ambani envisions Jio as a global technology ...
HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest paymentsHDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Cor...
'Our fight is for survival': Delhi Gymkhana Club management assures staff jobs are safeDelhi Gymkhana Club employees received assurances their jobs are secure. The club management stated it will not close immediately. This com...
- JPMorgan exec Lorna Hajdini fights back, sues ex-banker Chirayu Rana for defamation
Lorna Hajdini defamation lawsuit explained: JPMorgan executive Lorna Hajdini has sued former banker Chirayu Rana for defamation, vehemently...
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
Supreme Court bats for rationalisation of airfares, asks Centre to provide relief to peopleThe Supreme Court has taken a stand on air travel pricing, urging the government to implement fairer airfare practices. Observing substanti...
SpaceX IPO gives Elon Musk sweeping power, curbs shareholder rightsSpaceX's IPO will grant Elon Musk unprecedented executive authority through supervoting shares, mandatory arbitration, and stricter shareho...
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
Ex-military officers defend Great Nicobar push, reject Rahul Gandhi’s concernsRetired military officials are backing the Great Nicobar Project. They counter allegations of land grabbing and corruption, highlighting it...
Bombay HC quashes Rs 1,524 crore proposed GST demand on Tata Sons in Docomo arbitration payout caseThe Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration awar...
Independent director pay jumps at top firms in FY25Independent directors at India's top companies saw significant pay increases last fiscal year. Larger corporations led this trend, offering...
Amid rising legal risks, recruiting independent directors is getting tougher for India IncIndia Inc faces a big challenge in hiring independent directors due to a limited talent pool, significant pay disparities, and increasing l...
India's top independent directors see a surge in compensation, with 151 in the crore-plus club in FY23In the financial year 2023, India witnessed a notable increase in the compensation of independent directors, with 151 individuals joining t...
Independent directors' pay more than doubles in 5 yearsThe median compensation for independent directors at at India's top blue-chip companies has more than doubled to ₹72 lakh in FY23, from ₹35...
In short supply, more Independent Directors earn Rs 1 crore a yearThis comes as the government looks to cap the remuneration of independent directors to ensure their impartiality.
While independent directors with significant stock positions may add value, others do notSeveral studies show that there is no solid evidence suggesting that independent directors improve corporate performance.