Companies clearly continue to hold cash stockpiles and must consider paying higher dividends. IiAS’ study, based on FY16 financials identifies 88 companies that can pay, conservatively, Rs.276 bn in dividends. This is higher than the amount of Rs.213 bn IiAS identified in its 2016 study (based on FY15 financials). We believe SEBI’s requirement of an articulated dividend policy will force companies to think more deeply about dividend payouts. Evidence shows that Indian compani

Infosys continues to maintain high corporate governance standards – but it is no longer a cut above the rest of corporate India. This diminution in its stature began well before Vishal Sikka’s appointment. Infosys signified corporate governance in India for the longest time. Its founder has been instrumental in developing and strengthening the corporate governance framework in India1. And while India was still trying to figure out what imbibing good corporate governance pract

Vikram Limaye’s appointment by the Supreme Court as a BCCI administrator raises concerns on his ability to focus on his primary role – that of being Managing Director and CEO of IDFC Limited. Investors should be concerned about the amount of time he spends on his additional responsibilities. Key management personnel (KMP) are required to devote all their time to the business: that is essential to their role and responsibilities. But, corporate India has been witness to a hand