G20 Sherpa Amitabh Kant emphasizes the significance of Indian financing for the nation's startup ecosystem, advocating for a fund of funds to support deep tech startups and promoting corporate governance for sustainable growth....
Co-founder of IndiGo, Rakesh Gangwal, has sold a 5.83% stake in the airline through open market transactions, amounting to ₹6,785 crore. This move is part of Gangwal's decision to reduce his shareholding after a public dispute with co-founder Rahul Bhatia over corporate governance issues....
The Reserve Bank of India (RBI) has increased the maximum compensation for non-executive directors (NEDs) in private banks from Rs 20 lakh to Rs 30 lakh per annum, aiming to attract qualified individuals and enhance the efficiency of bank boards....
The Securities and Exchange Board of India (Sebi) has extended the deadline for the top 100 listed companies to implement rules related to mandatory confirmation or denial of market rumours. The new deadline is June 1, 2024, instead of February 1, 2024....
The Securities and Exchange Board of India (SEBI) has unveiled plans to relax certain provisions of the insider trading law. The proposed changes, outlined in a discussion paper on the regulator's website, aim to simplify the process for company management to ...
In a significant ruling on Thursday, the Bombay High Court has directed the Income Tax Department to refund a whopping Rs 1,128 crore to telecom giant Vodafone Idea Ltd. The court's decision comes after it deemed the assessment order passed by ...
Vice President Jagdeep Dhankhar said that company secretaries should detach themselves from management objectives and focus on statutory compliance....
President Droupadi Murmu urges company secretaries at the 55th Foundation Day of ICSI, to help make India a model for good corporate governance and ensure law compliance....
Introduction The Adani Group, a multinational conglomerate based in India and one of the country's largest business entities, has been under intense scrutiny since January this year. The group, with its diverse portfolio spanning across various sectors like energy, resources, logistics, ...
In a poll carried out amongst investor community and analysts, a top global financial magazine FinanceAsia has voted in favour of HDFC Bank being the best managed Company in India. Also, the other accolades granted to the bank include of best ...
Shares of Interglobe Aviation, the company operating Indigo airline, plunged a massive 18% in the morning trade to hit a low of Rs. 1,291 per share on the BSE on Wednesday after the company's promoters Rakesh Gangwal and Rahul Bhatia made ...