Jul 01, 2021 04:52 PM IST
Vittal, who was a partner with McKinsey for a period of 16 years, first became an independent director of Wipro in October 2013.
- Mar 01, 2021 08:50 PM IST
The current process gives a company's promoters, or main backers, "significant influence" on the appointment and removal of independent directors and undermines independent directors' ability to take differing views from promoters, SEBI said in its proposal.
- Mar 27, 2020 11:10 AM IST
"The lead independent director is an important role for us and we've been looking for a leader who can bring significant oversight and governance experience," Facebook Chief Executive Officer Mark Zuckerberg said in a statement.
- Aug 27, 2019 10:27 AM IST
Gangwal is away in the US where he is based and is not attending the AGM
- Apr 04, 2019 10:12 AM IST
When the selection and fee payment of auditors, credit rating firms and independent directors is decided by the management/promoter shareholders, it is obvious that their loyalty will be towards the latter.
- Dec 01, 2018 03:24 PM IST
While the resignations have raised eyebrows, the company said there is no problem with current standards of governance
- Nov 26, 2018 06:21 PM IST
Due to the fear of losing potential directorships and other opportunities, most independent directors have so far voluntarily muzzled their own voice. Until now.
- Nov 21, 2018 03:55 PM IST
The government has been looking for ways to cap salaries of independent directors to ensure impartiality, as it is widely believed that higher remuneration tends to dilute the effectiveness of independent directors
- Dec 16, 2016 06:32 PM IST
For common shareholders, Independent Directors and auditors are eyes and ears in the company. Expelling one without adequate reason defeats the purpose of having an independent director.
- Oct 18, 2016 08:56 AM IST
Prahlad, a relative of founder NR Narayana Murthy, was appointed as an independent director on the company board last week.
- Dec 17, 2015 05:00 PM IST
Milk Mantra, with its vision of creating truly pure functional dairy products has brought Mr Suresh C Senapaty on board as an Independent Director. ...
- Sep 24, 2015 08:18 PM IST
This is the second investment by Sarin, after taxi aggregator app Ola, in the Indian startup ecosystem in the last three months
- Aug 19, 2015 09:11 PM IST
At a time when A R Sankaranarayanan was a Director of MFL, his wife Sarada Sankaranarayanan had sold 13,63,165 shares of the company for Rs 7.04 crore, but did not take prior approval for these transactions as required by the regulations. Sankaranarayanan had quit as an independent director in March 2013.
- Jun 09, 2015 05:31 PM IST
MK Sharma is an independent director of several leading companies and has been a member of government committees relating to corporate law and corporate governance. He was an independent director on the Board of ICICI Bank for eight years from 2003 to 2011.
- May 28, 2015 03:55 PM IST
The company had posted a net profit of Rs 39.40 crore in the same period previous fiscal, the company said in a statement.
- Apr 01, 2015 07:28 PM IST
Murali will be responsible for developing, monitoring and evaluating overall corporate strategy of HCL Infosystems' diverse business units with emphasis on bottom line performance and enhancing shareholder value, it said in a statement.
- Apr 01, 2015 07:14 PM IST
Both Ronen Sen and Farida Khambata will be Non-Executive Independent Directors of Tata Sons Limited, the company said in a statement. Sen was India's Ambassador to the US from 2004 to 2009.
- Feb 13, 2014 06:28 PM IST
In a major overhaul of corporate governance norms, market regulator Securities and Exchange Board of India issued several new norms relating to the way listed companies operate in India. In addition, the regulator also brought in several changes to the way mutual funds operate in the country.
- Nov 17, 2013 01:16 PM IST
The government is likely to soon appoint three more independent directors on the board of the world's largest coal producer, Coal India Ltd (CIL).