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Corporate governance

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United Spirits fund diversion saga gets murkier: How the case unfolded so far

May 28, 2015

United Spirits fund diversion saga gets murkier: How the case unfolded so far

Unfortunately going by the history of our government investigating agencies, a quick outcome is expecting too much from them #Corporate governance #Vijay Mallya #United Spirits #United Breweries (Holdings) #fund diversion
Vijay Mallya engaged in a losing battle with Diageo; he should just 'bow out gracefully'

Apr 27, 2015

Vijay Mallya engaged in a losing battle with Diageo; he should just 'bow out gracefully'

A battle is brewing in the boardroom of United Spirits Ltd, where majority shareholder Diageo has asked Vijay Mallya to quit over alleged fund diversion. A veteran of many corporate battles, Mallya has, however, struck a defiant note saying only shareholders have the right to oust him. #Corporate governance #Vijay Mallya #Diageo #United Spirits #related-party transactions #Vittal Mallya
Big or small, all culprits same before Sebi: Sinha

Dec 22, 2013

Big or small, all culprits same before Sebi: Sinha

In its crackdown against market manipulations and other violations, Sebi goes by facts of the case and the culprits being a big corporate house or a little-known individual become irrelevant, says its chief UK Sinha. #India #Mukesh Ambani #Reliance #UK Sinha #investments #Companies Act #Corporate Governance Code
Corp governance: New norms for CEO pay, whistleblower policy soon

Sep 23, 2013

Corp governance: New norms for CEO pay, whistleblower policy soon

In a major overhaul of corporate governance norms, Sebi will soon put in place stringent checks against unjustifiable CEO salaries at listed companies and ask them to adopt a whistle-blower policy to protect the employees exposing any wrongdoings by the top management. #McKinsey & Company Inc. #Corporate governance #SEBI #India Inc #Market Regulator #Companies Act #whistleblower policy

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Engineering a retail scam like Reebok? Here's how

May 28, 2012

Engineering a retail scam like Reebok? Here's how

Everyone now knows about the Reebok scam but it's not the only retail chain in India where corporate governance is an issue. Here's why. #Corporate governance #CEO #Gordon Gekko #Reebok India