Removal of Independent Directors: A Sword of Damocles
The ongoing tussle between Tata Sons and Cyrus Mistry is spilling over to the boardrooms of the listed companies in the group. Soon after...
Tata Group: Structural Fixes Necessary
IiAS believes the current back-and-forth between Tata Sons and Cyrus Mistry, with Independent Directors of listed companies in the fray,...
Tata Group: Game of Thrones
Cyrus Mistry’s position as Chairperson of listed companies of the Tata group is now being questioned. Whatever be Tata Sons’ opinion in...
Turbulence at Tata Sons: What stakeholders are asking
Tata Sons, while not listed, sits at the apex of the largest business group in India. It enjoys a stellar reputation and is considered...
Nurturing corporate culture
How often does the board discuss company culture? The Wells Fargo and the Volkswagen incidents highlight the importance of – or rather,...
Arundhati Bhattacharya’s unfinished agenda at SBI
The State Bank of India (SBI) is modernizing itself. It is leveraging technology, improving the quality of disclosures in its annual...
Listing of L&T’s subsidiaries: Management creates its own ‘options’
L&T’s executive directors have been opportunistic – they have generously issued themselves stock options at face value from subsidiaries...
Cummins India Limited: The Maruti Gujarat plant by stealth
A very egregious practice catches-on and the hollowing out of MNC’s listed in Indian begins. Even as the Maruti management was completing...
Prepare to unfriend promoters
Last month, Facebook announced that its board of directors had "approved a proposal to amend and restate our existing certificate of...
IiAS’ recommendation to vote against Prof Jeffrey Lehman’s reappointment as an independent director
Infosys Limited (Infosys) today filed its response with stock exchanges on voting recommendations made by proxy advisory services firms...