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INDEPENDENT DIRECTORS MISCONDUCT
AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...- JPMorgan exec Lorna Hajdini fights back, sues ex-banker Chirayu Rana for defamationLorna Hajdini defamation lawsuit explained: JPMorgan executive Lorna Hajdini has sued former banker Chirayu Rana for defamation, vehemently...
- No formal complaints found in Nashik preliminary review, says TCSTata Consultancy Service said on Friday that it has not received through its official reporting systems any formal complaints of the nature...
- TCS Nashik case: IT giant denies Nida Khan held HR role, appoints Deloitte, law firm to assist internal probeTata Consultancy Services is investigating serious allegations of sexual abuse and coercion at its Nashik facility. The IT major has appoin...
- DGCA proposes 30-day ban for unruly flyersAviation watchdog DGCA is proposing stricter rules for unruly passengers. Airlines may soon impose direct flying bans of up to 30 days for ...
- Independent directors depart as companies run into rough weatherMounting regulatory pressure and promoter misconduct are prompting independent directors to resign from corporate boards, particularly in t...
- Two more independent directors resign from Gensol EngineeringGensol Engineering faces a corporate governance crisis as independent directors Harsh Singh and Kuljit Singh Popli resigned following promo...
- Why has 'Sound of Freedom's' addition to Amazon's Prime Video service sparked controversyIn the wake of "Sound of Freedom" landing on Amazon's Prime Video, the film's unexpected success in tackling child sex trafficking sparks h...
- NFRA bans two auditors for up to 10 years for lapses in DHFL’s FY18 auditsIn two separate orders, made public on Wednesday, the regulator has banned Jignesh Mehta for taking up audits for 10 years and Amit Vinay C...
- NCLAT upholds NFRA penalty on DHFL auditorsThe National Company Law Appellate Tribunal has upheld the penalty imposed by the National Financial Reporting Authority (NFRA) on auditors...
- NFRA imposes fine, bans auditors for 1 yr for misconduct in audit of DHFL branchesAs per the order, NFRA's investigation revealed that the appointment of none of the 33 branch auditors was approved at the Annual General M...
- R Chandrashekhar resigns: Third resignation from YES Bank board in a weekThe NRC last Tuesday had discussed how the role and responsibility of the board be improved, sources said, indicating that the resignations...
- Shocked by allegations; pressing moments for me and family: Binny BansalThe Flipkart co-founder and group CEO said the allegations have left him stunned and he strongly denies them.
- Amendments to Prevention of Corruption Act may provide shield to beleaguered bankersBankers take many decisions to sanction loans for business entities under stress that can be construed as obtaining, pecuniary advantage fo...
- Sambit Patra's appointment to ONGC Board challenged in High CourtPIL filed by NGO Energy Watchdog could not be taken up for hearing as the bench headed by Acting Chief Justice Gita Mittal did not assemble...
- HSBC set to nominate AIA's Mark Tucker as next chairman: SourcesA spokeswoman for the bank, Heidi Ashley, said HSBC will nominate a chairman this year, as announced at its annual meeting.
- Tata Group rift sees independent directors, board members taking sidesSome directors said those who expressed confidence in Mistry were sitting on the fence to protect their individual image outside by not bei...
- Ex Satyam CFO, Price Waterhouse auditors guilty: ICAIICAI has found 2 top officials of Satyam and 4 auditors of Price Waterhouse prima facie guilty in Rs 7,800-cr fraud case.
- Books of companies whose directors quit under lensSome 181 directors have resigned from company boards in last 3 months, according to Directors Database of Prime Database. Top Accounting sc...
- Mystery of disappearing directorsICAI after the role of such directors came under intense scrutiny in the wake of the major financial fraud at Satyam Computer Services.
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