Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
Sasha Mirchandani's tryst with investing began when his own venture failed to seek funding in early 2000s.
The 20 richest people on the planet are worth a staggering USD 1.2 trillion, a sum roughly equivalent to the annual economic output of Mexico.
Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.
With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.
The board will first need to unpack IL&FS - it has 169 group companies with 24 direct subsidiaries, 135 indirect subsidiaries, six joint ventures and four associate companies, says Amit Tondon.
Sebi splits CMD post and has directed listed companies to have at least six directors and at least one of them needs to be a woman.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
While auditors have come in for a lot of praise for their proactive stand against what they perceive to be dodgy practices followed by companies, there is still a long way to go, says Shyamal Majumdar.
The Confederation of Indian Industry will organise a round table on investment.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
Describing India as an "emerging democratic superpower", Australian Prime Minister Tony Abbott on Thursday kicked off his two-day India visit during which the two countries are likely to clinch an elusive civil nuclear deal.
Modi is the first Indian Prime Minister to attend Davos meeting in about 20 years since H D Deve Gowda in 1997.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
India is Asia's other bad debt headache.
In the Forbes rich list Mukesh Ambani is ranked 39th.
Dr Rekha Shetty, who consults several corporations on long-term innovation initiatives, draws up a list.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
How has the note ban affected newspapers and the rest of the media?
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
Eager to make a comeback to the Indian Test team, Punjab skipper Harbhajan Singh claimed a sensational six-wicket haul to skittle out Odisha for 205 in their first innings on the opening day of a Group A Ranji Trophy match in Mohali.
A look at the top tweets from your favourite Bollywood celebrities.
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
A glance back at some of the important ups and down Indian Inc faced in 2018.
As the dust finally settles on the outcome of the Lok Sabha elections 2019 and Bharatiya Janata Party along with its NDA allies emerges as the clear winner, here is a list of who won in each of the 7 phases of elections.
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