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IndiGo promoter spat: Airline's board members likely to question co-promoter Rakesh Gangwal on 19 July
Fp Staff •The IndiGo board may also seek answers from Gangawal for taking the issues to public forums instead of trying to settle the disputes at the board level itself.
IndiGo promoters' feud out in open: Rakesh Gangwal seeks Sebi's intervention; says even 'paan ki dukaan' would have managed better
•Alleging that the company has "started veering off" from the core principles and values of governance, Gangwal has said that even a paan ki dukaan (betel shop) would have managed matters with more grace.
IndiGo owner InterGlobe appoints aviation veteran Ronojoy Dutta as CEO; M Damodaran named chairman of board
Fp Staff •M Damodaran, former Chairman of Securities Exchange Board of India (SEBI), has been appointed as chairman of the Indigo's board of directors
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
•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.
ICICI case: Chanda Kochhar can step down for 3-4 months, says former Sebi chief M Damodaran
•There are allegations of conflict of interest and nepotism involving the bank and Kochhar in extending a loan to the Videocon Group.
Ajay Tyagi assumes office as Sebi Chairman
•A 1984 batch IAS officer of Himachal Pradesh cadre, he has handled capital markets division in the Finance Ministry
Ajay Tyagi takes charge as Sebi chairman for three years as incumbent U K Sinha bids adieu
•A 1984 batch IAS officer of Himachal Pradesh cadre, Tyagi has handled capital markets division in the Finance Ministry