Kneeling to ‘Royalty’?
SEBI’s decision to delay the implementation of shareholder approval for royalty payments is yet another tug-of-war between the market...
FY 20 : Expect a single-point board agenda
As companies enter the new financial year, there are a few lessons that the just completed year has had to offer. This year governance...
75 companies can distribute almost Rs.1.1 trillion more
Based on FY18 financial statements of the BSE 500 constituents, IiAS’ study this year identifies 75 that can return cash of up to Rs. 1.1...
How cross-border listing can truly benefit Indian investors
The expert committee for cross listing submitted its report to SEBI in December. Cross-listing is when equity shares of companies...
SEBI’s denial of L&T’s buyback rekindles an old debate
SEBI’s rejection of Larsen & Toubro Limited’s (L&T) buyback raises questions on whether financial metrics should be considered at a...
SEBI on the Kotak Committee Recommendations
SEBI, in its board meeting held on 28 March 2018, reviewed the recommendations made by the Kotak Committee on Corporate Governance. Last...
Dividends: 92 companies can pay Rs.340 bn more
Despite a muted earnings growth in FY17, Indian companies can pay higher dividends from their existing cash piles. IiAS’ research has...
The aftermath of Satyam
Nine years after the shenanigans in Satyam Computer Services Ltd (Satyam) came to light, SEBI has found Price Waterhouse (PwC) and its...
SEBI Corporate Governance Committee: Taking the next step
The SEBI Committee on Corporate Governance, chaired by Uday Kotak, submitted its final report today. The recommendations are aimed at...
Defaulting on debt - and disclosures
The Securities and Exchange Boards (SEBI) circular of August 4 asking companies to disclosure delays/defaults addresses a number of...