Page 2 - Board Of Directors

HCL Tech board okays long-term plan to add RSUs as part of compensation

Programme will include 3,000 senior leaders, is expected to help employee retention as tech industry sees high attrition and talent crunch

OYO appoints Paralympian Deepa Malik as independent director

Malik was a silver-medalist at the 2016 Paralympic Games

Birlas fail to nominate directors on the board of MP Birla group companies

The AGM of MP Birla group's flagship, Birla Corporation will be held on September 29

YES Bank gets tough on DISH TV promoters, calls EGM to replace firm's board

The lender owns 25% in DISH TV while its promoters, led by Jawahar Goel, own only 6%

Govt banks continue to have truncated boards, 10 don't even have a chairman

Meeting quorum of board sub-committees becomes difficult sometimes, say bankers

Emcure strengthens board by including 4 new independent directors

Emcure Pharmaceuticals on Tuesday said it has strengthened its board with the inclusion of four new independent directors, including former Foreign Secretary Vijay Keshav Gokhale. The others who have joined the company's board are Shailesh Ayyangar, Hitesh Jain and Vidya Yeravdekar. Earlier this year, Berjis Desai had taken over as the chairman of Emcure Board. The company has had a long-standing tradition of appointing a Chairman from amongst its independent directors since 1997. "We are delighted to have highly accomplished industry stalwarts as part of our board. New members' combined experience and wider perspective from their respective fields, will play an instrumental role in strengthening our strategic operations to grow in domestic and international markets," Emcure Pharmaceuticals Managing Director & CEO Satish Mehta said in a statement. The drug firm aims to further augment its strengths as one of the fastest growing pharmaceutical companies in India with a global reach

NIIT inducts promoters' children Udai Pawar, Leher Thadani to board

The appointments shall be effective from the date of approval by shareholders at the forthcoming AGM

Boards of Nifty 500 companies have grown smaller over time: IiAS report

Shrinkage cuts across MNCs, PSUs, institutionally-controlled firms and widely held ones; Drop in independent directors, largely led by public sector companies, is a key reason

Board rules for fair play

Corporate India may not be too thrilled, but Sebi's proposals on independent directors are good for India's governance credentials

Tata-Mistry case: SC verdict puts spotlight on duties of nominee directors

The Supreme Court's observations in the Tata-Mistry case has raised questions about the fiduciary duties of nominee directors

Mirages in corporate governance

The issue of separation of powers between corporate owners and professional managements has become a hardy perennial in the Indian corporate governance discourse

Best of BS Opinion: Increase vaccine supply, focus on pollution & more

Here's a selection of Business Standard opinion pieces for the day

Searching for IDs

An exclusion list for selecting great independent directors

Loss-making cos can now pay remuneration to non-executive directors

Loss-making companies can now pay remuneration to their non-executive directors, including independent directors

'Paper'ing over the cracks - Part 2

Shareholders who expect value from IDs should ask Boards and managements whether the compensation presently given to IDs is adequate, having regard to their role

'Paper'ing over the cracks

Independent directors - cats on a hot tin roof

Exempt independent directors from any criminal liability, says CII

'Proceedings against independent directors may be initiated only once there is prima facie evidence of their possible involvement in the matter, rather than as a matter of course,' says CII

Best of BS Opinion: Sugarcane pricing, higher tax-GDP, and more

Here's a selection of Business Standard opinion pieces for the day

When CEO and board marriages fail

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

The emerging future role of boards

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