The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering.
In September, Sebi had given a six-month extension to companies.
More than 1,000 independent directors have quit since January 2017; more could be on their way out
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
Experts said many firms had unbilled assets on their books.
Starting April 1, a non-executive director of 75 years or more can be appointed or re-appointed only by way of a special resolution, which requires 75 per cent 'for' votes.
Experts view this as a case of "failed experiment" in succession
When you start taking feedback seriously that's when you become a better human being, says Ravi Subramanian.
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).
After every corporate announcement, check your demat and bank accounts for necessary credits.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
'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.
Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.
Insurer likely to support Ratan Tata; reduction in stake might have been profit booking.
The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years
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.
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.
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
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.
Sebi has pushed for better corporate governance of listed companies through measures such as the need for a succession policy
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.
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.
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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.
Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting
More punitive action was needed against the company and the management, say experts
I have no hesitation to say that the cultural milieu is different, said chairman R Seshasayee in a rare media interaction.
Tata Steel and Tata Chemicals under investor watch
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.
Close to a million small shareholders have stake in nine NCLT-bound companies
Act says remuneration to directors and key managerial personnel should involve a balance between fixed and incentive pay.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
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Firms with low promoter holding may get to buy shares from secondary market.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
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.
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.
Vijay Mallya has lost control of his companies.
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