Company Board

Policy decisions see a disconnect as regulators remain headless

"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"

When silver is gold for company boards: Over 300 directors 'octogenarians'

321 company directors are octogenarians, 22 are over 90, largest chunk in 45-60 band

Kirloskar Bros shareholders to vote on forensic audit starting Tuesday

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

India will reach 30% gender diversity on company boards only by 2058

2024 'board refresh' could mark opportunity to accelerate change, says IiAS report

Amagi's valuation crosses $1.4 bn amid funding woes, raises $100 mn

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 announces appointment of Amit Choudhary as chief operating officer

Wipro Limited announced the appointment of Amit Choudhary as Chief Operating Officer (COO) and member of the Wipro Executive Board

Kirloskar Industries' Board seeks forensic audit on Kirloskar Brothers

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

Bajaj Finance Q2 results: Net profit jumps 88% to Rs 2,781 crore

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

Sebi slaps Rs 10 cr penalty on Gautam Thapar for alleged fund diversion

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

Wipro asks employees to report to office at least three days a week

The firm's office will remain open for four days each week

Electronics Mart IPO subscribed 1.7x on Day-1 on retail, QIB interest

The firm is looking to raise Rs 500 crore from the IPO to fuel its store and warehouse expansion plan

Parle Products remains most chosen FMCG brand for 10 years in a row: Report

The number of brands growing in terms of CRP improved in 2021 (70 per cent), over 2020 (56 per cent)

Preparing for the great refresh

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

Eveready set to transform with growth & governance-driven roadmap, says MD

The company has chalked out improvement plans for each of its business categories and separate business unit teams are working on the plans

Bajaj Electricals board approves review of corporate structure

The company said it would explore a full range of options and alternatives, including demerger, subsidiarisation and strategic partnerships

Bosses are clueless that workers miserable and looking to leave: Survey

A total of 46 per cent of respondents said they are planning to move to a new location this year

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

India Inc's succession plan is seeing a gender shift, albeit slowly

Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed

Number of IAS officers on boards of listed companies declines in FY20

The number of civil servants, who are also independent directors, are fewer still at 346, also the lowest since 2013, shows data