BUSINESS
Independent directors must step up to their onerous roles or step back
With the advent of shareholder and media activism, the Companies Act allowing class action suits, increasing oversight by regulators and action by enforcement agencies, the position of independent directors has become highly vulnerable to civil and criminal liability
BUSINESS
Global Biofuel Alliance: Path-breaking move, but many challenges ahead of the goal
Biofuels have been subject to criticism for their socio-economic effects. Their effect on food production and prices, reduction in poverty level and in carbon emissions, deforestation, soil erosion and loss of biodiversity has remained in focus
BUSINESS
Box ticking will not work with SEBI’s new ESG framework
The key performance indicators, as sought in the BRSR Core, are quantifiable and do incorporate matrices that reflect sustainability outcomes
BUSINESS
Sustainable Finance: No longer an option but imperative for lenders & borrowers
Sustainable finance is a process of taking due account of ESG considerations when making investment decisions in the financial sector, leading to increased investments into sustainable economic activities and projects
BUSINESS
RBI framework on wilful default settlement requires prudent & careful implementation by banks
BUSINESS
Failure of Banks and Financial Institutions: Regulators can only have a roadside view of risks
BUSINESS
PMLA changes will make the role of CAs and other professionals highly onerous
BUSINESS
SEBI’s new requirement for independent assurance and regulated rating will enhance the credibility of ESG disclosure
BUSINESS
SVB Collapse: Should auditors be responsible to assess the business model of a company?
POLITICS
Financing for climate change needs non-conventional approach
BUSINESS
Strong internal audit can prevent corporate fraud and failures
