'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.
More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.
More than 1,000 independent directors have quit since January 2017; more could be on their way out
In the US, the ratio of the CEO to average worker pay ratio was 373:1 in 2014.
Sell it to the company's shares during the next year.
On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace
Insurer likely to support Ratan Tata; reduction in stake might have been profit booking.
Experts view this as a case of "failed experiment" in succession
Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.
Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting
After every corporate announcement, check your demat and bank accounts for necessary credits.
Experts said many firms had unbilled assets on their books.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
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 strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
More punitive action was needed against the company and the management, say experts
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.
I have no hesitation to say that the cultural milieu is different, said chairman R Seshasayee in a rare media interaction.
Close to a million small shareholders have stake in nine NCLT-bound companies
Eight months after India's largest car maker, Maruti Suzuki India, announced plans for a Gujarat unit to be set up as a wholly-owned subsidiary of parent Suzuki, opposition to the move continues to simmer.
Tata Steel and Tata Chemicals under investor watch
The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years
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.
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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.
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.
The clarifications came directly from the board of directors.
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Firms with low promoter holding may get to buy shares from secondary market.
In September, Sebi had given a six-month extension to companies.
Sebi has pushed for better corporate governance of listed companies through measures such as the need for a succession policy
5 things to look at when companies go for mergers and acquisitions.
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.
Vijay Mallya has lost control of his companies.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
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