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Corporate governance News

09 Apr 2018

Fitch questions strength of corp governance at ICICI Bank

Late last month, the bank admitted that Kochhar did not recuse herself from a credit committee meeting which decided to give a Rs 3,250 crore loan to diversified Videocon Group in 2012.

09 Dec 2017

Former Infy CFO demands discontinuance of certain board members

Earlier, Murthy had accused Infosys and its board of failing in disclosure and corporate governance norms.

05 Oct 2017

Promoters as 'kings' detrimental to biz confidence: Sebi panel

Submitting its report to the regulator for overhaul of corporate governance norms for listed companies, the panel headed by eminent banker Uday Kotak instead favoured a 'custodian or trusteeship' model for running a company that works on 'Gandhian principles'.

19 Sep 2017

Split of Chairman, MD posts at listed firms: PSUs may be first

Sebi had set up the 21-member panel in June this year to advise it on issues relating to corporate governance.

corporate governance

02 Jun 2017

Sebi forms committee on corporate governance

Aiming to improve standards of corporate governance of listed companies, markets regulator Sebi on Friday set up a committee under the chairmanship of Uday Kotak, chief of Kotak Mahindra Bank.

23 Jul 2016

'Corporate governance reforms to promote sustainability'

The core idea behind corporate governance reforms in India is the promotion of long term sustainability of business enterprises, a top Sebi official said on Saturday.

markets regulator

07 Aug 2015

Sebi asks clearing corp for detailed monthly reports

Markets regulator Sebi has asked clearing corporations to provide elaborate monthly reports with details on settlements, actions taken against trading members as well as information about corporate governance aspects of the corporations themselves.

12 Jul 2015

Sebi to overhaul disclosure norms for better monitoring

The new system would use technology for automatic gathering and integration of information from all available sources, a senior official said.

23 Jun 2015

Sebi approves new norms for re-classification of promoters

To bolster corporate governance at listed companies, Sebi on Tuesday cleared a new set of norms for re-classification of promoters, whereby an outgoing promoter would have to forego control and all special rights and dilute stake to 10 percent to become a public investor.

15 Sep 2014

SEBI eases governance norms, extends woman director deadline

To ease process of implementing stronger corporate governance norms by listed firms, regulator SEBI Monday relaxed various provisions of the new law, especially for smaller companies, and extended the deadline for appointing at least one woman director to April 1, 2015.

24 Aug 2014

Jaitley sees immense opportunity for corporates

There would be huge opportunities for the corporate sector to invest once the country reached the take-off stage of economic advancement, Union Finance Minister Arun Jaitley said on Sunday.

24 Aug 2014

India needs high quality governance: Jaitley

Observing that India needs to learn from international best practices in governance, Finance Minister Arun Jaitley on Sunday called the corporate sector to utilise opportunities that beckon India`s economy.

24 Aug 2014

Listed companies gear up for mandatory whistle-blower policy

As listed companies gear up to put in place a whistle-blower policy with effect from October 1, similar systems may be put in place soon for all market intermediaries as also for the regulator Sebi.

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