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DIRECTOR REAPPOINTMENT FAILURE
Deferral of Chandrasekaran's reappointment raises questions on Tata Trusts resolution on his tenureTata Sons has deferred a decision on Natarajan Chandrasekaran’s third term as chairman, despite a prior unanimous Tata Trusts resolution ba...
Zee Entertainment shareholders reject proposal to reappoint Punit Goenka as directorShareholders of Zee Entertainment rejected the reappointment of Punit Goenka as director with 50.4% votes against. Goenka, currently CEO, r...
MSKA quits as Byju's auditor, a year after Deloitte exitAudit firm MSKA & Associates has resigned as Byju's statutory auditor, citing uncooperative management and suspicious transactions involvin...
Investors will take final call on Zee leadership: Punit GoenkaGoenka, who is part of the promoter family that holds a 4% stake, is the longest-serving CEO of Zee. In 2019, Goenka was reappointed as the...
Pallavi Shroff not to seek renewal of term as director on Asian Paints boardIn a stock exchange disclosure, Asian Paints Saturday said Shroff has informed the board of directors she will not be able to continue for ...
IiAS’ objection to appoint Sanjay Kirloskar’s daughter to KBL Board triggers spatWhile IiAS opposed Rama’s reappointment to the board and also her appointment as joint managing director citing lack of experience, Sanjay ...
Institutions oppose Vedanta’s resolutionsMore than half of mining conglomerate Vedanta’s institutional shareholders voted against the passage of the company's audited financial sta...
Sebi amends rules to empower independent directorsUnder the new rules, appointment, re-appointment and removal of independent directors in a listed company will be done through a special re...
Independent directors: Sebi lesson for proxy advisersHow the SEBI consultation paper on appointment of independent directors is likely to impact recommendations by proxy advisers, as India Inc...
Investors want public sector units to enforce board composition norms: IiASThe report said that in many PSE some of the norms that are required to be followed as per the government guidelines haven’t been followed ...
RBI proposes upper age limit of 70 years for CEOs, whole-time directors of banksThe discussion paper released by the Reserve Bank of India (RBI) on Thursday said that chief executive officers (CEOs) and whole time direc...
RBI plans to overhaul corporate governance structure of banksThe RBI proposes to place more responsibility on the board of directors for a bank’s culture and compensation.
DLF plunges 20% as SC issues notice on non-disclosureSC has issued a notice to the developer and Sebi, which too is party to the case.
IL&FS mess: How gatekeeper rating agencies, auditors, analysts let you downCredit rating agencies ignored the rising debt levels at IL&FS group.
RBI's appointments division okayed Rana Kapoor's extension for 3 yearsThis view was later rejected by toplevel RBI officials, including the deputy governor and the governor, and Kapoor got only a short extensi...
'Minority shareholders oppressed in SV Global'HC finds fault with promoter group, cites poor corporate governance by board.
Government to nominate three independent members to MPC soonThe process to constitute MPC will be initiated after passage of Finance Bill, 2016 and its notification as an Act, he added. The Bill is l...
Interest rate setting MPC to start operations around SeptemberMPC will meet at least four times in a year and the government may, if it considers necessary, convey its views in writing to the MPC from ...
Refer dispute with Vikram Bakshi for arbitration: McDonald's to CLBThe CLB was hearing a petition filed by Vikram Bakshi challenging his removal as the Managing Director of the joint venture, Connaught Plaz...
Infosys: Investors welcome N R Narayana Murthy's come back; concern over performanceInfosys shareholders today welcomed the re-appointment of company's co-founder N R Narayana Murthy as Executive Chairman