India may allow small shareholders choose director

To pave the way for small groups of shareholders to nominate a director on the board of listed companies, the Ministry of Corporate Affairs is set to bring in more clarity to a provision in the......

New rules exempt M&As before June 1

Companies fearing a more difficult merger and acquisitionregime heaved a sigh of relief with the Competition Commission of Indiaon Wednesday notifying rules that are less harsh than the draft......

Foreign firms call the shots in many insurance JVs

Several international insurance firms that operate in India through joint ventures exercise control over them, despite having only a 26 per cent stake. This is the maximum permissible foreign......

India's inflation will remain high, warns OECD

The Organisation for Economic Cooperation and Developmenthas argued that the Reserve Bank of India'sprocess of raising policy interest rates is 'still very low by historical standards' In a global......