The representation of women on the boards of the top 100 companies in India has improved in the last five years, said a survey released on Monday. The findings were based on the annual reports and website disclosures of Nifty 100 companies and revealed in the 4th Annual Corporate Governance Survey by Excellence Enablers Private Limited. In the year ending March 31, 2023, the percentage of women among the total directors in the top 100 companies was the highest since 2018-2019 - rising to 19 per cent from 15 per cent earlier.
Here's a formula that helps you understand how much money you will need to retire early in India and simple steps to achieve it.
The Bombay High Court expressed its dismay over the Maharashtra government's failure to register an FIR against five policemen involved in the custodial death of Akshay Shinde, despite an explicit court order. The court, alleging a deliberate attempt to disregard its directives, threatened contempt proceedings against senior CID officers for non-compliance. The case pertains to Shinde's death while in police custody, accused of sexually assaulting two kindergarten girls in Badlapur. An inquiry report by a magistrate indicted the five policemen, suggesting a possible fake encounter. The court emphasized the importance of following the rule of law and stated that the government's inaction would send a detrimental message to society.
After getting Indian Oil Corporation, the nation's largest oil firm, to drop four independent directors and Engineers India Ltd to boot out two, it is now seeking to sack former Power Secretary P Uma Shankar, chartered accountant S Ravi and former BPCL Chairman R K Singh from the board of ONGC.
Market regulator Sebi had imposed a penalty of Rs 50 lakh (Rs 5 million) on V K Kaul -- who was a non-executive independent director of Ranbaxy Laboratories between January 2007 and December 2008 -- and a fine of Rs 10 lakh (Rs 1 million) on his wife Bala Kaul.
The unspoken subject of Mithya is violence, and the big zinger here is our recognition that the movie is showing us the makings of a juvenile delinquent -- perhaps the finest since Truffaut unleashed his Antoine Doinel, applauds Sreehari Nair.
Hours after, however, firing from the Pakistani side was reported in Akhnoor sector in Jammu and Kashmir. Drones were also seen in the Pir Panjal area.
Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. "Surinder Chawla, managing director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.
According to the railway ministry, this non-lethal yet effective tool will help women RPF personnel tackle challenging situations swiftly, particularly while safeguarding female passengers travelling alone or with children to ensure their safer train journeys.
'The flutters of excitement of a high-school romance, and then how life changes.'
Sources close to the bank said non-executive and non-independent director Ajai kumar had been recommended for the interim CEO role.
Infosys Technologies has announced the appointment of Deepak Satwalekar, managing director & CEO of HDFC- Standard Life Insurance, as the lead independent director in line with the company's commitment to good corporate governance practices.
The decision comes in the backdrop of the Rs 7,800 crore fraud at Satyam. Independent directors in other firms have also resigned from their board positions in recent months. "It is possible they may have left due to some other reasons, but if any director has left intentionally and was aware of any wrongdoing, then the matter would be reported to the regulator concerned," says ICAI President Uttam Agarwal.
Dan Scavino, Assistant to the President and White House Deputy Chief of Staff on Thursday said that United States President Donald Trump has officially signed the commission to confirm Kash Patel as the ninth Director of the Federal Bureau of Investigation (FBI).
A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.
While Maruti held the top spot for four decades, the Ambassador was the best-selling car in post-Independence India for three decades.
ICC chairperson Jay Shah has been inducted into the newly formed World Cricket Connects Advisory Board, an independent group that will discuss the future of cricket at the Lord's on June 7 and 8.
In a surprise move, struggling multinational coffee chain Starbucks on Tuesday announced the appointment of Brian Niccol as chairman and chief executive officer replacing Indian-origin CEO Laxman Narasimhan who is stepping down.
The veteran actor passed into the ages in the early hours of Friday, April 4, 2025. Sukanya Verma looks back at his most memorable performances.
Even erstwhile independent directors were being paid substantial remuneration including commission. The median annual salary of IL&FS employees was Rs 13.1 lakh.
The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.
Kesari 2 has more style than substance on its mind, feels Sukanya Verma.
Raveena Tandon's daughter making her debut, Kangana Ranaut's controversial Indira Gandhi movie, Millie Bobby Brown's brand new sci-fi offering and more on Sukanya Verma's Holi weekend watch.
Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan
'If we stay silent now, we betray the very foundation of justice in this country.'
IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses. IndusInd Bank CEO and managing director Sumant Kathpalia said that the accounting lapse was noted around September-October last year and the bank gave a preliminary update to the RBI about this last week.
IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.
The airline's current board has only one independent director -- N Vaghul, ex-chairman of ICICI, while the remaining nine are either from the civil aviation ministry or the airline itself. On the requirement of funds for reviving the national carrier, Patel said that a revival plan on the financial side is expected from SBI Caps soon.
US President-elect Donald J Trump has nominated Kash Patel to be the next director of the Federal Bureau of Investigation, America's version of the CBI -- or rather the CBI is India's version of the FBI, which one must add is no caged parrot and operates independent of political intereference.
Aseem Chhabra picks his top 10 Indian films of 2024, which includes films that have had theatrical releases or are streaming on OTT.
With this rejig, Mindtree's board will now have 12 board members from eight.
'They want to keep the pot boiling all the time.' 'The BJP wants to set a political narrative that the Gandhis are doing wrong things.'
Firodia talked about his plans for the EV-components business, and the components business at large for the group
Hindustan Unilever Ltd on Thursday reported a 6.9 per cent rise in consolidated profit after tax at Rs 2,556 crore in the first quarter ended June 30, 2023, riding on a gradual recovery in the FMCG industry despite operating in challenging environment. The company had posted a consolidated net profit of Rs 2,391 crore in the same quarter last fiscal, Hindustan Unilever Ltd said in a regulatory filing. Consolidated total income in the first quarter stood at Rs 15,679 crore as against Rs 14,757 crore in the corresponding period last fiscal.
Brian Tempest is among the four directors of cash-strapped healthcare chain whose removals were sought by two institutional investors. Three directors -- Harpal Singh, Sabina Vaisoha and Tejinder Singh Shergill -- had already resigned before the EGM.
Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.
'Being financially independent is crucial.' 'This spares women a lot of grief if the marriage, especially in large business families, breaks down.'
Sean Baker broke a record by winning four Oscars just himself for Anora: Best Picture, Best Director, Best Editing and Best Original Screenplay.
Reconstruction of the terminal is expected to be completed by September 2028.
