Iias

Several companies have maintained or even improved their performance on the scorecard. While the bar has been raised, the median score remained GOOD at 61. The highest score stood at 82, said the proxy advisory when releasing the report

62% of Nifty50 Companies have set carbon neutrality or net zero targets: IiAS Sustain

The proxy advisory prepared the report using information made by the companies upto 30 September 2024

PSUs continue to underperform on compliance, 7 out of 13 did not meet board independence standard: IiAS

Overall, India Inc's corporate governance scores improved over the past five years despite the more stringent benchmarks, noted the advisory, in its latest report.

Dish TV EGM: Corporate governance experts say shareholders' rejection of 4 directors "long overdue"

Large shareholders in the company have been asking for a change of board for a while now, pointed out the experts

Promoters vote on their salaries despite investor reluctance: IiAS

According to a study done by the proxy advisory, 34 percent of the remuneration resolutions would have been defeated without the promoters’ vote

The missing ‘s’ in CEO compen_ation

CEO pay growth has outpaced revenue and profit growth in corporate India for several years. During the COVID-19 crisis, CEOs were expected to have some forbearance and put employees before themselves. But not all CEOs heard the clarion call

IiAS Exclusive | Why Zee needs CEO Punit Goenka’s removal & how new management can create value

Zee's shares surged a stellar 40% as company's shareholders are seeking removal of CEO Punit Goenka. Two directors Ashok Kurien and Manish Chokhani resigned from the board as proxy advisory firm IiAS raised serious corporate governance issues. In an exclusive interaction with the Founder of IiAS, Anil Singhvi, Moneycontrol’s Karunya Rao examined the key reasons that prompted the advisory firm to warn Zee’s shareholders and what Singhvi thinks will be the way forward for the company.

Zee’s independent directors did not take independent views: IiAS founder Anil Singhvi

According to Singhvi, both Kurien and Chokhani miserably failed as fiduciaries of shareholders. Every shareholder, including the promoters, should look at wealth-creation. If someone else can create better value, then take a back seat and allow them to drive the company, he advocated

Loss-making companies still holding AGMs at the last minute: IiAS report

In the seventh edition of its study on the association between the timing of AGMs of Nifty 500 companies and their financial performance, the advisory firm continues to contend that the rationale offered by many companies for delaying their AGMs due to their ‘large size and complex business’ is untenable.

Corporate governance: SBI weighed down by its own laws, says IiAS

The immediate reaction from Institutional Investor Advisory Services (IiAS) is the invite that SBI has sent out to shareholders for an EGM on June 17 amidst COVID-19 pandemic, as the State Bank of India Act of 1955, which created it, does not envisage or allow it to hold the extra-ordinary general meeting digitally/electronically or even an e-voting.

Raymond's property sale: Investor body IiAS raises red flag

Raymond is in focus as the company has presented a resolution at its annual general meeting (AGM) to make an offer to sell premium real estate to its promoters at throw-away prices. The Institutional Investor Advisory Services (IiAS) has recommended that the shareholders should vote against this resolution.

Decision to appoint Ravi Venkatesan as co-chair to Infosys board unnecessary: IiAS

While promoters of Infosys, most notably Narayana Murthy, have voiced concerns over the above-normal payout given to its top executives, Infosys’ performance in Q4 of last fiscal year was uninspiring.

Idea merger deal 'short-changed' Vodafone Plc shareholders: IiAS

"In allowing an equal relationship with Idea, Vodafone should have commanded a premium and better quality of control. But, the deal contours favour Idea Cellular," the report said.

Infosys corporate governance began slipping pre-Sikka: IiAS

Corporate governance standards at Infosys had begun slipping prior to the appointment of CEO Vishal Sikka, said a report by proxy advisory firm Institutional Investors Advisory Services.

Voting pattern of TCS reflects conversation on Street: IIAS

peaking to CNBC-Tv18 Amit Tandon of IIAS said that the voting pattern at TCS which removed Cyrus Mistry reflects the conversation on the Street.

Max Life shareholders approve non-compete fee to promoters: Srcs

The minority shareholders including KKR, Goldman Sach and Kotak, which has over 25 percent stake in the company, has given a green signal to pay the non-compete fee.

IiAS not in favour of non-competent fee to Max Group promoters

Rationale behind the non-competent fees is unclear, says Amit Tandon, Founder and Managing Director of IiAS. The minority shareholders will also have to bear part of the expense.

USL Breaks Away From Mallya…

USL Breaks Away From Mallya…

32 listed cos paid Rs 6,300 crore royalty in FY15

Proxy advisory firm IiAS today said the payout amount translates to around 21 percent of the 32 companies' pre-royalty pre-tax profits.

Dil Maange Rs 200 bn More Dividends?

Dil Maange Rs 200 bn More Dividends?

An Open Letter To Maruti‘s Shareholders

An Open Letter To Maruti‘s Shareholders

IiAS urges Maruti shareholders to vote against Guj plant

IiAS's open letter to shareholders says that if the resolution is passed, then the shareholders of Maruti would be subservient to Suzuki‘s shareholders.

Suzuki trying to assert its control over Maruti, says IiAS

In an interview with CNBC-TV18, Amit Tandon, MD at IiAS says that Suzuki‘s proposal of opening a manufacturing plant at Gujarat will hamper with Maruti‘s operations.

Maruti's royalty payouts to Suzuki extortive: Report

Over the past 15 years, royalty paid to Suzuki, has grown 6.6x to Rs 21,415 per car sold, while average sales realisation per car has increased only 1.6x.

Royalty Flows In Suzuki‘s Blood

Royalty Flows In Suzuki‘s Blood