Reprieve will benefit more than 150 companies, including Reliance Industries, Hindustan Unilever, Bajaj Finserv and Adani Ports
The move, which comes against the backdrop of a boom in James Hardie's biz in recent years following strong demand for its fibre cement products in the United States, sent its shares nearly 11% lower.
With a regulatory requirement for top-500 listed firms to split the position of chairperson and managing director being less than four months away, pressure is mounting on several PSUs
India Inc's corporate governance mettle will soon be put to the test with a stricter framework. More on top headlines this morning
Sources said NSE's initiative will involve signing a contractual arrangement between the exchange and the company to give the scheme more sanctity
Here is the best of Business Standard's opinion pieces for Thursday
It seems that the RBI had very little choice as the promoters did not infuse fresh capital, make adequate provisioning and improve corporate governance
The public battle between the broadcasting giant and a key institutional shareholder has precipitated a high-decibel debate on corporate governance practices
Board sidesteps questions on corporate governance lapses
This was after proxy advisory IIAS had raised serious corporate governance concerns in the company by asking shareholders not to vote for re-appointing the duo on the company's board
Kurien, Chokhani quit Zee Entertainment board a day before AGM
Ten out of 11 nationalised banks don't have a chairman. Most bank boards don't have adequate number of non-official directors
When leaders linger long, warning signals of reduced effectiveness begin, often increasing in intensity
Top-notch lawyers, diplomats and corporate honchos roped in
The case dates back to January 2018, when Biocon had announced an exclusive global collaboration with Sandoz on next-generation biosimilars
Scientists say the world needs to cut greenhouse gas emissions by at least 45% by 2030 to have any hope of meeting Paris Agreement targets for the middle of century and averting catastrophic warming
Around 2.07 p.m., its shares on the BSE were trading at Rs 542.50, lower by Rs 2.55 or 0.47 per cent from its previous close.
Book review of The CEO Test: Master the Challenges that Make or Break All Leaders
Asian regulators should tell companies how to reform their boards to better address environmental, social and governance (ESG) challenges, according to recommendations published on Thursday
Humanise leadership, people need care not battle cry: HUL's Sanjiv Mehta