Royalty payment: Establishing its legitimacy
Royalty payments have been a bone of serious contention, enough to bring in regulatory intervention. In most instances, royalty is a...
Political donations: A framework for corporates and boards
Given the influence policy has on the fortunes of a business, it is naïve to expect that businesses will stay away from political...
Corporate Social Responsibility: A lot more than feel-good
The Companies Act 2013 expects businesses to spend 2% of their three-year average profits on social initiatives. Even before the Act was...
Mindtree’s Independent Directors must guide investors
Mindtree has become an acquisition target and L&T the ‘hostile’ acquirer. As Mindtree’s promoters have openly opposed L&T’s acquisition...