You are browsing entries tagged with “Corporate Governance”
Amendment in the Role and Functions of Non-Official Directors of Central Public Sector Enterprises

Amendment in the Role and Functions of Non-Official Directors of Central Public Sector Enterprises

INDIACSR News Network NEW DELHI: The Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises, has amended the provisions regarding the role and functions of non-official Directors appointed to the Boards of Central Public Sector Enterprises (CPSEs). Through a recent Office Memorandum, the Department has amended the para 8 of the Model Role […]

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Corporate Governance in Central Public Sector Enterprises

Keeping in view the importance of Corporate Governance principles in ensuring transparency and enhancing the trust of stakeholders, the Government had, in 2007, approved the Guidelines on Corporate Governance for Central Public Sector Enterprises (CPSEs). These guidelines were formulated by the Department of Public Enterprises (DPE) keeping in view relevant laws, instructions and procedures. Since […]

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Infosys Chairman Narayana Murthy to Draw a Token Compensation of One Rupee a Year

Infosys Chairman Narayana Murthy to Draw a Token Compensation of One Rupee a Year

Narayana Murthy is expected to re-work the strategy and look into aspects that need to be strengthened as well as abandoned. In a dramatic development, Narayana Murthy, returned to the executive leadership of the $7.4-billion Infosys, two years after retiring from the iconic company he had founded. He was forced to rejoin because Infosys, once […]

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NTPC Releases Sustainability Report

NTPC Releases Sustainability Report

INDIACSR News Network NEW DELHI: NTPC Limited, India’s largest power utility released its Sustainability Report “Powering with care …” today highlighting company’s step towards sustaining greener environment, conserving natural resources such as energy, water etc. The Report also mentions companys’ commitment towards Corporate Governance and Social Responsibility. The report for the year 2011-12 which was […]

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Good HR Leads to Good Corporate Governance: Dr. Bhaskar Chatterjee, Director General & CEO, ICA

Good HR Leads to Good Corporate Governance: Dr. Bhaskar Chatterjee, Director General & CEO, ICA

7 lakh total 8.5 lakh registered companies in India are family owned and are run for more money and more profits: Dr. Chatterjee Banks are ill equipped to handle succession plan: Indira Padmini, GM, Indian Overseas Bank HR is now considered as a watchdog of corporate governance.   INDIACSR News Network PANJI/GOA: A two day […]

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Three Independent Directors Quit Sahara Group, Reports Economic Times

Three Independent Directors Quit Sahara Group, Reports Economic Times

New episode in SEBI-Sahara Group battle. Recent developments are affecting Sahara’s other companies. Economic Times today reported that, a fortnight before the battle between Sahara Group and capital market regulator Sebi enters what could well be its final lap, three independent directors of other Sahara Group companies have resigned. Former Reserve Bank of India deputy […]

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Companies Need to Look Beyond Shareholder Value & Make Sustainability a Core Driver of Their Strategy, Says Sachin Pilot

Companies Need to Look Beyond Shareholder Value & Make Sustainability a Core Driver of Their Strategy, Says Sachin Pilot

Corporate Affairs Minister Inaugurates ‘CSIA International Corporate Governance Conference’ INDIACSR News Network NEW DELHI: Shri Sachin Pilot, Minister of Corporate Affairs, inaugurated the two-day 2nd CSIA (Corporate Secretaries International Association) International Corporate Governance Conference on the theme ‘Corporate Governance for Sustaining Prosperity and Posterity.’ Addressing the delegates from across the world, Shri Pilot said that […]

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‘Take Corporate Governance Seriously’

‘Take Corporate Governance Seriously’

It is important for companies to focus on the details of ways to improve corporate governance, stresses Mazars India in a survey on the subject. Mazars is an international organisation, specialising in audit, accounting, tax and advisory services. Its report says companies vigilantly monitoring their strengths and weaknesses would go far in improving their processes. […]

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CSR, a Great Leap Forward By Prakash Bhandari

By Prakash Bhandari After the passing of the Companies Bill 2012, it has become mandatory for corporates to adopt Corporate Social Responsibility (CSR). What was once voluntary has become law. A company with a net worth of Rs 500 crore or more, a turnover of Rs 1,000 crore or more or a net profit of […]

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ICSI Plans Corporate Governance Rating

CHENNAI: The Institute of Company Secretaries of India (ICSI) is all set to launch its corporate governance rating model soon. Announcing this at a press conference here, S. N. Ananthasubramanian, President, ICSI, said the institute has set up a 6-member committee to strategise and develop the model. The committee has also come out two rankings […]

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