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"It is not good governance practice and sends the wrong signals to the corporate world. The selection process should start three months before the incumbent retires. Bureaucracy needs to push harder"
321 company directors are octogenarians, 22 are over 90, largest chunk in 45-60 band
Kirloskar Industries, a key investor in KBL, had sought the audit over legal fees of Rs 70 crore incurred by the latter. An EGM to consider this issue will be held on Dec 8
2024 'board refresh' could mark opportunity to accelerate change, says IiAS report
The media technology provider has raised over $100 mn in investment, inclusive of $80 million in primary capital, from global growth equity firm General Atlantic
Wipro Limited announced the appointment of Amit Choudhary as Chief Operating Officer (COO) and member of the Wipro Executive Board
KIL raised questions whether the KBL Board, especially the independent directors of KBL, verified the claims made by Sanjay Kirloskar in relation to the Deed of Family Settlement
The company booked 6.76 million loans in Q2FY23, up 7 per cent YoY compared to 6.33 million loans booked in the year-ago period
Passes final order in CG Power fund diversion case; also fines Avantha Holdings Rs 5 cr and deal lenders IndusInd Bank and Aditya Birla Finance Rs 1 cr each
The firm's office will remain open for four days each week
The firm is looking to raise Rs 500 crore from the IPO to fuel its store and warehouse expansion plan
The number of brands growing in terms of CRP improved in 2021 (70 per cent), over 2020 (56 per cent)
The starting point is prospective board candidates must be clear why they are being asked to join the board and whether they are the right fit
The company has chalked out improvement plans for each of its business categories and separate business unit teams are working on the plans
The company said it would explore a full range of options and alternatives, including demerger, subsidiarisation and strategic partnerships
A total of 46 per cent of respondents said they are planning to move to a new location this year
Boards and remuneration committees hesitate to engage with the behavioural and soft aspects of CEO appraisal. This is one important reason for such marriages failing
Management needs new ways of thinking to make companies survive and grow for the long term, and to be sustainable companies in every sense of the word
Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed
The number of civil servants, who are also independent directors, are fewer still at 346, also the lowest since 2013, shows data