Ricoh India: Why Indian corporates should listen up
The developments at Ricoh India hold out two lessons for Corporate India. One the parent has, in all but name has owned up to sleeping at...
Governance norms: Direction or diktat?
Highlights from the IGCN Annual Conference, held in San Francisco this year. The discussion about US experience with gender diversity on...
Corporate Governance: The upgrade to 4G
A snap-shot of how corporate governance regulations have evolved over the last three decades. First generation Our journey began in 1997...
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...
Directors as change agents
Owning shares entitles you to dividends and voting rights. Secured lending in the extreme, entitles you to seize the assets of the...
Public Sector Banks: A Capital Question
The Government of India’s (GoI) plan to help public sector banks (PSB) make a fresh start is well intentioned. Replenishing lost capital...
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...
Listed PSU's: Explaining the governance gap
The uproar in parliament and the media frenzy regarding the Vijay Mallya case is clear proof that government banks are answerable not...
United Spirits breaks away from Mallya and Diageo picks up the tab
The terms of exit suggest that Diageo and United Spirits Limited (USL) want a clean break from Dr. Vijay Mallya. While USL’s shareholders...