Nov 26, 2019 10:47 AM IST
The proficiency self-assessment test instituted by the MCA is unlikely to provide any meaningful solution to board strengthening. There is no denying that boards in India need training but understanding technical subjects will not help directors in taking the right decision.
- Nov 01, 2019 09:10 AM IST
The cardinal reality is that independent directors in India are not truly independent. More than a test of the job knowledge, boards should have independent directors who are socially responsible.
- Aug 21, 2014 04:02 PM IST
The proposal comes against the backdrop of the new companies law mandating certain class of profitable businesses to shell out at least two per cent of their three-year annual average net profit towards CSR activities.
- Dec 03, 2012 06:00 PM IST
The Indian Institute of Corporate Affairs (IICA) today expressed the hope that the new Companies Bill, which is expected to help in bringing more transparency in activities of companies, will be passed by Parliament soon.
- Jun 06, 2012 10:50 AM IST
Corporate Affairs Minister M Veerappa Moily today underlined the importance of good corporate governance, particularly in the context of inclusive growth.