Corporate Governance

Showing of 21 - 40 from 175 results
Corporate Governance - Total results - 175
IndiGo promoter spat: Govt seeks explanation from InterGlobe Aviation on Rakesh Gangwal's complaint
Business

IndiGo promoter spat: Govt seeks explanation from InterGlobe Aviation on Rakesh Gangwal's complaint

The government has sought explanations from InterGlobe Aviation on allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal

IndiGo parent InterGlobe Aviation's shares erase early losses, closes 2% higher at Rs 1,384
Business

IndiGo parent InterGlobe Aviation's shares erase early losses, closes 2% higher at Rs 1,384

The scrip of InterGlobe Aviation on Monday erased its early losses and ended 2 percent higher mainly on value buying at a lower level

IndiGo founders row: Promoters Rahul Bhatia, Rakesh Gangwal co-piloting airline into jeopardy
Business

IndiGo founders row: Promoters Rahul Bhatia, Rakesh Gangwal co-piloting airline into jeopardy

Insiders believe Gangwal showed annoyance over Bhatia using the IndiGo hub to launch several other enterprises in which obviously Gangwal had no say.

IndiGo parent InterGlobe Aviation's shares fall nearly 5% amid slew of negative news surrounding airline
Business

IndiGo parent InterGlobe Aviation's shares fall nearly 5% amid slew of negative news surrounding airline

The scrip of InterGlobe Aviation fell nearly 5 percent on Monday amid a slew of negative news surrounding the airline, including allegations of governance lapses

Hindustan Petroleum Corp relents after 15 months, govt recognises ONGC as company promoter
Business

Hindustan Petroleum Corp relents after 15 months, govt recognises ONGC as company promoter

When the issue first arose in August 2018, Oil Minister Dharmendra Pradhan had clearly stated that ONGC is the new promoter of HPCL.

KIIFB celebrates debut Masala Bond listing on London Stock Exchange; firm terms development as a milestone for Kerala
Business

KIIFB celebrates debut Masala Bond listing on London Stock Exchange; firm terms development as a milestone for Kerala

KIIFB is the first sub-sovereign entity in India to access the international debt capital markets in this manner, said its CEO KM Abraham.

Sun Pharma will form ethics panel to supervise corporate governance-related matters: Dilip Shanghvi
Business

Sun Pharma will form ethics panel to supervise corporate governance-related matters: Dilip Shanghvi

In January this year, Sun Pharma had announced a slew of measures, including replacement of its domestic formulations distributor Aditya Medisales and change of auditors for its arms.

Adding to Carlos Ghosn woes, Nissan set to further slash profit outlook on falling sales in top markets: Report
Business

Adding to Carlos Ghosn woes, Nissan set to further slash profit outlook on falling sales in top markets: Report

Nissan is already anticipating a 22 percent cut in operating profit to 450 billion yen ($4.02 billion) for the year ended March, its lowest since the year ended March 2013.

Mukesh Ambani offers gentle lesson to Anil in brotherly bailout, shows he's worthy inheritor of Dhirubhai legacy
Business

Mukesh Ambani offers gentle lesson to Anil in brotherly bailout, shows he's worthy inheritor of Dhirubhai legacy

Reliance Communications shares zoomed after Mukesh Ambani's brotherly deal, showing that blessings can visibly enhance net worth where family goodwill meets public companies.

Big Bull Rakesh Jhunjhunwala says time to keep some money off the Dalal Street; pooh-poohs startups success stories
Business

Big Bull Rakesh Jhunjhunwala says time to keep some money off the Dalal Street; pooh-poohs startups success stories

Jhunjunwala said he will also leave 5 percent of his fortune in fixed deposits for his two kids, which cannot be touched by them but can ensure easy survival even if they blow the rest of the fortune in gambling in Macau.

Zee, DHFL, IL&FS crises exemplify poor corporate governance; 'big worry' for investors: Franklin Templeton
Business

Zee, DHFL, IL&FS crises exemplify poor corporate governance; 'big worry' for investors: Franklin Templeton

Franklin Templeton Investments India, which is the largest foreign fund house operating in the country, Tuesday said recent corporate events exposing the follies in governance are a "big worry" for investors

Srikrishna panel probe in ICICI-Videocon case: Not just Chanda Kochhar, role of board members in the shoddy deal too warrants a deeper probe
Business

Srikrishna panel probe in ICICI-Videocon case: Not just Chanda Kochhar, role of board members in the shoddy deal too warrants a deeper probe

The Srikrishna panel leaves no room for ambiguity in Kochhar’s role in Videocon-NuPower-ICICI chain of transactions.

Political expediencies can't dictate capital buffer for banks, says senior Reserve Bank of India official
Business

Political expediencies can't dictate capital buffer for banks, says senior Reserve Bank of India official

In the comments that come amid repeated demands from key finance ministry mandarins to lower the core capital requirements and align it to the global levels, the RBI official suggested that the debate over capital buffers itself is irrelevant, and the numbers 8 or 9% does not matter

Auditors one of the weakest links in corporate governance, situation leads to serious issues for listed cos, says Uday Kotak
Business

Auditors one of the weakest links in corporate governance, situation leads to serious issues for listed cos, says Uday Kotak

Kotak said the issue in the profession stems from a potential "conflict of interest" where an association of accountants, ICAI also acts as the sector regulator.

Uday Kotak, Anand Mahindra lash out at proliferation of regulations, say they are forced to follow rules in letter and not in spirit
Business

Uday Kotak, Anand Mahindra lash out at proliferation of regulations, say they are forced to follow rules in letter and not in spirit

The comments come days after auto industry veteran Rahul Bajaj also expressed his displeasure on laws made by Sebi and corporate affairs ministry in the wake of fleeing defaulters.

Yes Bank saga: Why did Rana Kapoor family keep small shareholders in dark over Rs 1,700 crore transaction?
Business

Yes Bank saga: Why did Rana Kapoor family keep small shareholders in dark over Rs 1,700 crore transaction?

Yes bank and Rana Kapoor himself are facing major questions for allegedly flouting the golden rules of good corporate governance

Ease of Doing Business ranking: India needs to exhibit more regulatory, governance and financial reforms to investors
Business

Ease of Doing Business ranking: India needs to exhibit more regulatory, governance and financial reforms to investors

The government will be required to ensure that in lieu of promoting corporate governance, it does not hamper its motive of ease of doing business in India

Aircel-Maxis case: Ashok Chawla steps down as non-executive chairman of Yes Bank
Business

Aircel-Maxis case: Ashok Chawla steps down as non-executive chairman of Yes Bank

Ashok Chawla offered to quit as controversy was being generated on his continuance on the Board of Directors following his name appearing in a Central Bureau of Investigation (CBI) chargesheet in the Aircel-Maxis case.

Govt plans to tighten rule for auditors after instances of misdeeds; to bolster corporate governance framework
Business

Govt plans to tighten rule for auditors after instances of misdeeds; to bolster corporate governance framework

In recent times, some auditing entities as well as auditors have come under the regulatory lens in connection with alleged misdoings at companies as well as for quitting audit work of corporates on various grounds