Of the 700-odd Indians having foreign bank accounts, not all can be deemed to be operating these illegally.
The Sebi order is vindication of Sinha's stand, but it has not brought him much relief as his money is still stuck.
KK Sinha is a director in 2 firms - Gobinda Tea Trading and Kriti Infrastructures.
Allegations of predatory pricing may not hold ground in the high-pitch turf battle for consumers' pocket between e-tail and retail.
Some start-ups, small businesses allowing pets at workplace
Fraud is a big concern among many board members.
India in the last five-seven years did not do as well as it could to push progress.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
The onus is on companies to put in place a vigil mechanism to detect and deter fraud.
According to SFIO, the modus operandi of the Reebok fraud involved filing fictitious invoices to show inflated sales, recording fictitious sales by raising prices of goods sold.
A recent survey done by indianboards.com suggests that around 283 directors will retire by October this year.
Formal announcement of venture into new segment on Thursday; group's entry timely, given the demand, say experts
As rural demand tapers, companies are back at the drawing board, firming up plans to beat the unexpected slowdown in sales.
The market likely to cross $10-bn mark in 2014.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
UTC India is playing up the umbrella brand of Carrier and OTIS to push integrated services.
Days after low-cost carrier AirAsia announced it would launch its India operations by the end of the year, IndiGo Airlines President Aditya Ghosh, 38, tells Sudipto Dey in an interaction why his airline is not one that should be worried.
The investor community says the move by the Securities and Exchange Board of India (Sebi) to bring angel funds under the Alternative Investment Funds Regulations is a mix of good and negatives.
Non-uniform definition of control makes foreign investors wary, raise corporate governance issues.
E-commerce players also realise the value proposition women employees bring to the table.
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