Woman Director

Earlier this year, the DPIIT had begun a plan to enable the creation of 20 lakh new jobs in the sector by officially registering 50,000 new startups over the next four years.

4,558 listed companies comply with Sebi's woman director norms

All listed firms were required to have at least one woman director on their boards from April 1, 2015, as per a Sebi directive, as also under the Companies Act, 2013. These rules are aimed at ensuring gender diversity in boardrooms.

Corporates carry clout, but Sebi stands firm: Sinha

At the same time, it is always "generous" and open to reasonable suggestions from the corporates, Sebi chief UK Sinha said, but regretted the fact that companies often come out with such "suggestions" after new regulations have already been framed.

Sebi asks govt to appoint women directors on PSU boards

All listed companies, whether PSUs or from private sector, are required to have at least one woman director on their board, deadline for which expired on March 31, 2015.

Indo Rama Q4 net jumps over two-fold to Rs 42.36 crore

Polyester manufacturer Indo Rama Synthetics India Monday reported over 2.5 times jump in its standalone net profit at Rs 42.36 crore for the quarter ended March 31 on increased margins due to falling crude oil prices.

Women directors: Over 2K cos yet to comply with Sebi norm

Of the 1,624 companies listed on the NSE, 1,361 companies have complied, while 263 companies or 16 percent have not complied with Sebi's women director norm, Minister of State for Finance Jayant Sinha said during Question Hour.

No woman board director in 15% of Indian listed cos

Sebi's March 31 deadline for listed companies to induct at least one woman director on their boards has passed by, without full compliance. Research firm Prime Database says that over 15 percent of India‘s listed companies are yet to toe the market regulator's line and most of these are public sector units, reports CNBC-TV18‘s Kritika Saxena.

Get ready to face the music, Sebi tells India Inc

The companies without a woman director may face penal action under the Sebi regulations, as also under the Companies Act, including monetary fines. While Sebi norms provide for penalty of up to Rs 25 crore, the penalty under the Companies Act can be from Rs 5,000 to Rs 5 lakh.

Women directors: Sebi readies for action on errant firms

A large number of listed firms, including some state-run entities, may face regulatory action by Sebi and stock exchanges after failing to appoint at least one woman director on their respective boards.

Companies appoint women directors as SEBI deadline nears

While most of the new women directors are family members of the promoters or top executives, some companies have replaced their independent directors with their female family members, mainly wives, daughters or sisters.

Sebi asks listed cos to appoint lady directors by month-end

The exchanges have been now asked to ensure adherence to the timeline by all listed companies and to initiate action against those failing to appoint at least one woman on their respective boards by the end of this month.