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Enforcement is Key to Better Corporate Governance, eE-SEBI Chief Damodaran Says

Enforcement is Key to Better Corporate Governance, eE-SEBI Chief Damodaran Says

Subscribe Monthly Magazine ‘CSR & Competitiveness’ KOLKATA : It has reported that Former SEBI Chairman M. Damodaran said on Friday that improvement in enforcement, and not additions to regulations, could put the country’s corporate governance on a better footing. Speaking at the 14th National Conference of the Institute of Company Secretaries of India (ICSI) here [...]

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YES Bank: Selective Use of Regulations?

By Asish K Bhattacharyya Madhu Kapur, widow of Ashok Kapur, a co-promoter of YES Bank, had sought a representation in the board of the company and nominated her daughter Shagun Gogia for representing her. At present Madhu Kapur has 12 per cent stake in the bank and Rana Kapoor, CEO and MD, who is also [...]

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INDIACSR Group Launches Monthly Magazine ‘CSR & Competitiveness’

INDIACSR Group Launches Monthly Magazine ‘CSR & Competitiveness’

INDIACSR News Network NEW DELHI : INDIACSR Group (India’s largest news website on Corporate Sustainability & Responsibility-CSR) proudly announces the launch of its magazine “CSR & Competitiveness”; to provide a knowledge interface between business and society. The launching ceremony was organized on 11 July 2013 at Asia Pacific Institute of Management, New Delhi. The function [...]

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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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SEBI Urges IRDA to Instruct Insurers to Help Improve Corporate Governance Standard

SEBI Urges IRDA to Instruct Insurers to Help Improve Corporate Governance Standard

MUMBAI:  It has reported that capital markets regulator, SEBI, is urging its counterpart in the insurance sector to encourage insurers to become more vocal on issues of corporate governance. Insurance companies hold significant stakes in listed Indian entities, with LIC, the largest, alone managing assets over Rs 13 lakh crore. “The Securities and Exchange Board [...]

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INDIACSR Group Initiative, Launching Monthly Magazine “ CSR & Competitiveness”

INDIACSR Group Initiative, Launching Monthly Magazine “ CSR & Competitiveness”

Dear Leaders, You would be happy to know that INDIACSR group is going to launch a monthly magazine titled “CSR & Competitiveness.”  The first issue will be available in second week of July 2013. Magazine is registered under Registrar Newspaper of India (RNI). Authors, researchers and practitioners are cordially invited to submit their Original research [...]

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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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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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