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19 Results Found
  • Wipro appoints Ireena Vittal as lead independent director Jul 01, 2021 04:52 PM IST

    Wipro appoints Ireena Vittal as lead independent director

    Vittal, who was a partner with McKinsey for a period of 16 years, first became an independent director of Wipro in October 2013.

  • Indian regulator proposes stricter rules on independent directors Mar 01, 2021 08:50 PM IST

    Indian regulator proposes stricter rules on independent directors

    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.

  • Facebook appoints Robert Kimmitt as lead independent director Mar 27, 2020 11:10 AM IST

    Facebook appoints Robert Kimmitt as lead independent director

    "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.

  • Today's IndiGo AGM may be a 'non-event' but still a milestone Aug 27, 2019 10:27 AM IST

    Today's IndiGo AGM may be a 'non-event' but still a milestone

    Gangwal is away in the US where he is based and is not attending the AGM

  • Opinion | Company boards should not decide payments to independent directors and auditors Apr 04, 2019 10:12 AM IST

    Opinion | Company boards should not decide payments to independent directors and auditors

    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.

  • JM Financial ARC's Independent Director quits over governance differences: Report Dec 01, 2018 03:24 PM IST

    JM Financial ARC's Independent Director quits over governance differences: Report

    While the resignations have raised eyebrows, the company said there is no problem with current standards of governance

  • Opinion | Chandrashekhar's resignation at Yes Bank offers hope that independent directors have come of age Nov 26, 2018 06:21 PM IST

    Opinion | Chandrashekhar's resignation at Yes Bank offers hope that independent directors have come of age

    Due to the fear of losing potential directorships and other opportunities, most independent directors have so far voluntarily muzzled their own voice. Until now.

  • Independent directors earning over Rs 1 crore a year on the rise: Report Nov 21, 2018 03:55 PM IST

    Independent directors earning over Rs 1 crore a year on the rise: Report

    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

  • COMMENT: Move to expel Wadia from Tata boards raises governance questions Dec 16, 2016 06:32 PM IST

    COMMENT: Move to expel Wadia from Tata boards raises governance questions

    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.

  • Some investors unhappy over NRN kin's appointment to Infy board Oct 18, 2016 08:56 AM IST

    Some investors unhappy over NRN kin's appointment to Infy board

    Prahlad, a relative of founder NR Narayana Murthy, was appointed as an independent director on the company board last week.

  • Milk Mantra gets Mr. Suresh C Senapaty on Board as an Independent Director Dec 17, 2015 05:00 PM IST

    Milk Mantra gets Mr. Suresh C Senapaty on Board as an Independent Director

    Milk Mantra, with its vision of creating truly pure functional dairy products has brought Mr Suresh C Senapaty on board as an Independent Director. ...

  • Former Vodafone CEO Arun Sarin picks up stake in Saavn Sep 24, 2015 08:18 PM IST

    Former Vodafone CEO Arun Sarin picks up stake in Saavn

    This is the second investment by Sarin, after taxi aggregator app Ola, in the Indian startup ecosystem in the last three months

  • Sebi fines Manappuram Fin ex-director for insider trading Aug 19, 2015 09:11 PM IST

    Sebi fines Manappuram Fin ex-director for insider trading

    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.

  • ICICI Bank appoints MK Sharma as new non-executive Chairman Jun 09, 2015 05:31 PM IST

    ICICI Bank appoints MK Sharma as new non-executive Chairman

    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.

  • Bata India Jan-Mar quarter net up 48% at Rs 58.43 cr May 28, 2015 03:55 PM IST

    Bata India Jan-Mar quarter net up 48% at Rs 58.43 cr

    The company had posted a net profit of Rs 39.40 crore in the same period previous fiscal, the company said in a statement.

  • HCL Infosystems appoints S G Murali as Group CFO Apr 01, 2015 07:28 PM IST

    HCL Infosystems appoints S G Murali as Group CFO

    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.

  • Tata Sons appoints Ronen Sen, Farida Khambata as directors Apr 01, 2015 07:14 PM IST

    Tata Sons appoints Ronen Sen, Farida Khambata as directors

    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.

  • Sebi okays new corp governance rules, changes for MFs Feb 13, 2014 06:28 PM IST

    Sebi okays new corp governance rules, changes for MFs

    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.

  • CIL board to soon have 3 more independent directors Nov 17, 2013 01:16 PM IST

    CIL board to soon have 3 more independent directors

    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).

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