"We are delighted to have Anjali Raina take on this important leadership role at our India Research Center," said Krishna Palepu, Ross Graham Walker Professor of Business Administration and Senior Associate Dean for International Development at Harvard Business School. "She will focus on building and maintaining relationships with senior business leaders in the region to facilitate the expanding work of the Center in research, educational programs, and alumni endeavors."
Going by the provisions of the new company law, the responsibility and accountability equation for independent directors has seen a major change.
Often these IDs sit on the audit committee of the board or even chair it.
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.
Satyam Case has not ended after court verdict, there's lot to unfold say insiders.