A rough day at Tata Sons
The NCLAT judgement is a trigger for Tata Sons and Cyrus Mistry to find a new equilibrium to their relationship. The National Company Law...
Who owns the worlds listed companies?
How many listed companies are there across the world? Approximately 41,000 at the end of 2017. What is their market cap? About US$ 84...
The elephant in the boardroom
India Inc needs to fight the real elephant in the boardroom: the requirement that the chairman and managing director not being related....
Independent Directors need training, not eligibility criteria
The proficiency self-assessment test instituted by the MCA is unlikely to provide any meaningful solution to board strengthening. There...
Roll over Friedman, corporates will now start to care
Twenty-two years after first committing itself to Milton Friedman’s mantra that the principal objective of a business enterprise is to...
If the ‘market knows’, why doesn’t the auditor?
Auditors are considered market fiduciaries, because they validate the fairness of financial statements. Resignation of auditors and...
Infosys: Is this all overdone?
Given the damage that the Infosys episode has caused, one can argue that the company should have been more forthcoming. There were...
Selling less while raising more
If the government wants to continue to mobilise resources from divestments, it needs to ask itself three questions. First, is there...
Rescuing CG Power: Lessons from Fortis’ playbook
It is in the interest of all stakeholders to ensure CG Power and Industrial Solutions Limited (CG Power) remains operational. For the...
Additional disclosures to be made under SEBI’s revised Corporate Governance Report
The recommendations made by the Committee on Corporate Governance under the Chairmanship of Uday Kotak were incorporated by SEBI as...