This is the time of the year when boards are called upon to fix pay levels of its members for the coming financial year. This series on CEO pay, compiled by IiAS using data from comPAYre, IiAS’ cloud-based pay-versus-performance tool, is aimed at sensitizing boards on the remuneration trends across the market, as a basis for determining appropriate pay structures. This fifth piece in the series is focused on pay levels in healthcare companies, which includes pharmaceutical co

The legitimacy of Fortis’ board is under question, and therefore, the legitimacy of the process it has adopted to sell the company is equally under question. Investors have called for greater independence at the board level to support an objective decision-making process. Yet, in continuing to rely on known associates, the board is widening the trust deficit with investors. Administering a selling process that limits the full discovery of price, leaves investors worried that

Fortis Healthcare’s investors may be forgiven for wondering why everyone in the room is sitting scared. There are four competing bidders sitting across the table, yet all of them are holding back. Nor is the board pushing them hard. For investors the solution lies in pressurizing the board to be bold and redraw the sale process. The unexpected and unprecedented fourth bid by Fosun International Limited and the revised offer from the Munjal-Burman combine for Fortis Healthcare

This is the time of the year when boards are called upon to fix pay levels of its members for the coming financial year. This series on CEO pay, compiled by IiAS using data from comPAYre, IiAS’ cloud-based pay-versus-performance tool, is aimed at sensitizing boards on the remuneration trends across the market, as a basis for determining appropriate pay structures. This fourth piece in the series is focused on pay levels in automobile companies. The automobile industry is home

Gabbar Singh “Kitne aadmi thay?” Kaliya “Sardar, do aadmi thay” Gabbar Singh “Do aadmi? ….. aur tum teen….phir bhi waapas aagaye. Khali haath” The above dialogue from Sholay still reverberate and if twisted, fit well with the current developments at Fortis Healthcare Limited (Fortis). The company has two long-standing directors (- if you exclude the two additional directors appointed recently) on its board. Three entities have put in a bid for the beleaguered entity. Had the

This is the time of the year when boards are called upon to fix pay levels of its members for the coming financial year. This series on CEO pay, compiled by IiAS using data from comPAYre, IiAS’ cloud-based pay-versus-performance tool, is aimed at sensitizing boards on the remuneration trends across the market, as a basis for determining appropriate pay structures. This third piece in the series is focused on pay levels in private sector banks. Private sector banks and their b

It is no longer business as usual for corporate boards - board members are now increasingly in the line of fire. Recent instances at Infosys, the Tata group and now ICICI Bank and Axis Bank, have created a new imperative for boards – to protect their companies’ reputation. IiAS believes for boards to gain the investors trust, they must be must be clear, proactive and transparent in their communication to stakeholders. Boards are the new custodians of their companies’ brand eq

This is the time of the year when boards are called upon to fix pay levels of its members for the coming financial year. This series on CEO pay, compiled by IiAS using data from comPAYre, IiAS’ cloud-based pay-versus-performance tool, is aimed at sensitizing boards on the remuneration trends across the market, as a basis for determining appropriate pay structures. Becoming the CEO is not just good for the ego, it is financially rewarding. As per IiAS data, CEOs in the top 500