Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.
When it comes to key hands-on management positions, India Inc is still largely run by men.
Firms with low promoter holding may get to buy shares from secondary market.
Sebi has pushed for better corporate governance of listed companies through measures such as the need for a succession policy
Sensex in green in afternoon trade.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
Vijay Mallya has lost control of his companies.
Non-uniform definition of control makes foreign investors wary, raise corporate governance issues.
Act says remuneration to directors and key managerial personnel should involve a balance between fixed and incentive pay.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders