Satyam fine is a wake-up call for independent directors

Krishna Palepu fined Rs 2.66 crore (Rs 26.6 million) for conflict of interest, others Rs 20K by Hyderabad court; liability is on individuals, not firmThe role of high-profile independent directors......

Maytas Infra to petition CLB

Maytas Infra Ltd will again petition the Company Law Board to allow it to induct the Saudi Binladen Group (SBG) as its strategic partner, according to IL&FS and Maytas' chairman, Ravi......

IL&FS, Maytas set for global play with Binladin

Sheikh Mohammed bin Ladin was on way to attend his 23rd wedding when his plane crashed. The sheikh, who was 59, died in the crash. But the father of Osama bin Laden, world's most wanted terrorist,......

Govt to consider fresh SEZ proposals on Sep 30

The board of approval, the apex body which clears special economic zone projects, will meet next month to approve fresh proposals. "The board of approval chaired by commerce secretary Rahul Khullar......