Earlier this month, Sobha Kapoor and Ekta Kapoor, part of the promoter group of Balaji Telefilms, faced shareholder ire when they failed to obtain the requisite votes on resolutions proposing pay increases for them. In recent months, several promoter-directors, including Siddharth Lal of Eicher Motors and Pawan Munjal of Hero MotoCorp, have faced similar situations. Clearly, large institutional shareholders - and public shareholders - are not taking kindly to promoter-directors upping their remuneration takeaways at a time when the prospects of business recovery are clouded by the anticipated third wave of the Covid-19 pandemic.
But there are challenges, observes Tamal Bandyopadhyay.
The nuclear-tipped Agni-III has all cities in both Pakistan and China, including Beijing, within its striking range and will be India's second strike deterrent.
On Friday, the nameplate of the erstwhile commission on the railings of the Yojana Bhawan was pulled down and replaced with NITI Aayog.
An appraisal of performance of the board and practice of values and their synergy with the organisational strategy are all crucial for an organisation to evolve into an institution, say Ramachandran Kavil & Sougata Ray.
Of the three major Budget announcements related to the banking sector, privatisation of PSBs is the most audacious, says Tamal Bandyopadhyay.
While Rs 37,461.01 crore has been allocated for higher education, Rs 56,386.63 crore has been earmarked for school education.
Manmohan Singh, who also heads the government's Plan think-tank, complimented the internal Planning Commission for starting the process of mid-term appraisal in 'right earnest.'
'No other leader in our history, or that of our neighbours, has been able to produce anything of the quality that Nehru did,' says Aakar Patel.
The danger to India's democracy is coming from recourse to mobocracy encouraged by the anti-Modi gang, argues Vivek Gumaste.
Moreover, Ravi Narain and Chitra Ramkrishna -- who had served as MD and CEO of the exchange -- have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.
Prof B Ravishankar from Mylapore, Chennai shares his inspiring story.
Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds
'No commercial bank will be allowed to fail. There is nothing to worry about.'
Asking these matter for your career. Do not sign on the dotted line without getting satisfactory answers to these questions.
The new body may be headed by the Prime Minister as the chairman position would be ex-officio.
December 3, 2021 marks 50 years since the beginning of the 1971 War which ended in a decisive military victory for India and the liberation of Bangladesh. Most analysts of the 1971 War agree that the IV Corps dash across the mighty Meghna river led by the brilliant General Sagat Singh was the turning point in the war, recalls military historian Colonel Anil A Athale (retd).
It's time the regulator did some introspection.
United Spirits had a tough time in recent past due to management related issues. Going ahead, corporate governance is a big challenge, say experts.
Bhargava is a pioneer in the field of biotechnology in the country.
The firing and mortar shelling continued night long in several sectors of Poonch and Rajouri districts.
The Reserve Bank of India has submitted a list of big loan defaulters in a sealed cover to the Supreme Court with a submission that disclosing their names may have "adverse impact" for business and may "accentuate failure of business".
Lamenting the "unfortunate tendency" to take umbrage at the expression of any view considered hostile, President Pranab Mukherjee on Thursday said the "freedom to doubt, disagree and dispute" must be protected.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
An HR person's job is all about talent management.
When BJP leaders, including Mr Modi's number two, Amit Shah, use the pandemic to launch an assault on state governments run by opposition parties, or to topple them, they are exploiting a grave crisis in cynical political self-interest, notes Shekhar Gupta.
Virender Kapoor is the former director of Symbiosis Institute of Management and has a thing or two to tell you about making a positive impact at the workplace.
Niti Aayog has come out with an initiative to improve governance in states.
AI, cloud computing, data analytics are a few areas companies are looking for proficiency in
'India's reputation is not and cannot be dependent on the whimsical opinions of some obscure foreign advisory committee packed with Hindu-phobic acolytes,' declares Vivek Gumaste.
Appraising Rediff.com about the meeting, a source close to Dr Singh said Modi sought Dr Singh's advice on the economy and foreign policy. Dr Singh told Modi that he concurs with the Reserve Bank of India's concerns about the Indian economy.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
If you are constantly distracted and not motivated to come to work, it's a warning sign.
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
To facilitate such restrictions on entities found to have 'wilfully' defaulted on bank loans, the Reserve Bank is exploring ways to share details of these defaulters with Sebi on a real time basis.
Govt reconstitutes body, says will not interfere in senior PSB appointments
Follow these 6 Cs of building good credit and your lender will never disappoint you!
Conversion of outstandings into equity even partially should be a strict no-no says Chatered Accountant S Murlidharan
'The verdict must be seen as something more; as a historical balm, a moral restitution and the deliverance of justice to a people wronged,' argues Vivek Gumaste.
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