Voluntary Guidelines for Companies for providing general information on their websites about the company to promote good corporate governance and to enhance investors’ awareness
The Ministry of Corporate Affairs (MCA) has been continuously taking various steps towards promoting good corporate governance, investor education and protection & advocacy for adoption of Corporate Social Responsibility (CSR) by companies for inclusive growth of the Corporate Sector. The Ministry received a number of suggestions from the corporate…read more
From the editor’s desk:
In India, as in the rest of the world, increasing indispensability of transparency and accountability in the matters of business and other practices of the company, increasing importance of efficiency and responsibility of its Board of Directors, and increasing emphasis on the rights and interests of…read more
Corporate governance, as the name suggests, provides the guidelines for how a corporation or company should be governed. The company creates rules, principles, systems and processes following these guidelines which form the basic framework for the efficient functioning of the company. Simply put, corporate governance provides the hows and…read more
Companies Bill, 2012, takes giant strides in privileging corporate governance. Directors face severe restrictions, auditors will be rotated, independent directors (IDs) have been strengthened, more powers are vested in shareholders, private companies lose many exemptions and transparency gets a boost. Extensive controls on loans and investments are another limb…read more
Finance Minister P Chidambaram today said listed companies must comply with Sebi’s minimum public shareholding requirement as enough time has been given to them by the market regulator.
“Companies have been given enough time…(they) should make every effort to comply with Sebi’s requirement”, he told reporters after a meeting of…read more