Act says remuneration to directors and key managerial personnel should involve a balance between fixed and incentive pay.
Reflecting substantial financial stress, diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore (Rs 44.60 billion).
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
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The Securities and Exchange Board of India (SEBI) unveiled new proposals, broadening the scope of who can be held liable for insider trading violations.
The new ITR forms have shifted the entire onus on the taxpayers to prove their claim for deductions, expenses or exemptions.
Experts say only three per cent individuals pay taxes.
In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.
Former CFO V Balakrishnan seeks exit of Infosys chairman, co-chairman R Seshasayee, co-chairman Ravi Venkatesan, audit committee chairman Roopa Kudva and nomination committee chairman Jeffrey S Lehman.
The sudden exit of Yogesh Agarwal as the chairman of the Pension Fund Regulatory and Development Authority, or PFRDA, has once again brought the relationship between financial sector regulators and the finance ministry into sharp focus.
Sanjay Kumar Singh tells you what to watch out for when buying insurance and investing in MFs online.
If you are making any drastic changes, make sure there is adequate documentation
The Income Tax department has begun the process to examine bank deposits and transactions to check possible black money instances and said once the last opportunity to declare funds in old notes under the PMGKY scheme ends it will be very tough for hoarders.
Increase of 10% to 12% likely in a bid to improve citizens' mood after demonetisation.
NRIs could run into difficulties if they possess discontinued currency notes amounting to a high value.
'Hum karan poochtey rahe avishvas ka, karan nahi bata payey to gale pad gaye'
Modi govt says its economic score on all coutns is very good.
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According to latest data available with the market regulator Securities and Exchange Board of India, Indian firms raked in a total of Rs 35,214 crore (rs 352.14 billion) from the debt on a private placement basis route in June, a slight increase from Rs 33,759 crore (Rs 337.59 billion) garnered in May.
Bank of America Merrill Lynch on Monday trimmed India's economic growth estimates by 30 basis points to 7.1 per cent for the current fiscal, while global financial services giant Morgan Stanley downgraded its GDP growth forecast for the current fiscal to 7.3 per cent from the earlier 7.7 per cent.
Rajiv Bansal's severance payment was Rs 17.38 crore
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
Sebi to fix promoters' side deals with PE investors
A long crisis with a lack of sound short-term, long-term actions can result in sluggish growth in India, similar to that in Japan.
Mallya offered to pay Rs 4,000 crore (Rs 40 billion) as settlement.
The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively
The disclosure comes hours after Cameron admitted that he could have handled the tax row arising out of the Panama Papers leak "better", saying he will imminently publish details of his personal tax affairs.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
The typical modus-operandi of such entities involves setting up of a company, followed by tall claims about their proposed business ventures.
Manish Sabharwal tackles 5 criticisms of demonetisation.
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
Whatever the final outcome of this unhappy episode, one thing is clear: a glass once cracked cannot be fixed. The trust is gone forever and the relationship between two old friends lies in tatters. For now, IndiGo, the airline, will have to learn to soar with two angry and distracted commanders, says Anjuli Bhargava.
The draft regulations in this regard are expected to be approved by the board during the meeting.
Ashish Mehrotra, MD and CEO, Max Bupa Health Insurance, explains the changes we can expect in health insurance this year.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
While regulators are trying to do their bit, the onus is on you to prove it.
The realty major is awaiting orders for the second proceedings.
Under pressure to come clean, David Cameron has finally admitted that he profited from shares in a Panama-based offshore firm set up by his late father but sold his stake months before he became Britain's prime minister in 2010.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
The amendment of around 40 central statutes makes the Finance Bill, 2017 unique
Sahara accuses Mirach Capital of cheating, forging bank letter.
