G20, OECD issue new corporate governance code

Last Updated: Saturday, September 5, 2015, 12:51

To safeguard minority shareholders' interests and promote capital market as a key platform to raise funds, G20 and OECD today announced new Corporate Governance Principles for listed companies and regulators in all member countries including India.

Education plays a big role in quality governance: Piyush Goyal

Last Updated: Saturday, August 8, 2015, 19:23

"Education must aim at providing future leadership and pursuit of excellence. It must produce good citizens able to serve the country at all times and in all circumstances," a Power Ministry release quoted Goyal as saying.

Sebi asks clearing corp for detailed monthly reports

Last Updated: Friday, August 7, 2015, 14:28

Markets regulator Sebi has asked clearing corporations to provide elaborate monthly reports with details on settlements, actions taken against trading members as well as information about corporate governance aspects of the corporations themselves.

Avoid pursuit of endless profit, Adi Godrej tells corporates

Last Updated: Wednesday, July 22, 2015, 23:55

Underscoring the need for robustness in corporate governance, industrialist Adi Godrej Wednesday said organisations need to be based on principles rather than rules.

Sebi to overhaul disclosure norms for better monitoring

Last Updated: Sunday, July 12, 2015, 14:11

The new system would use technology for automatic gathering and integration of information from all available sources, a senior official said.

Sebi approves new norms for re-classification of promoters

Last Updated: Tuesday, June 23, 2015, 20:32

To bolster corporate governance at listed companies, Sebi on Tuesday cleared a new set of norms for re-classification of promoters, whereby an outgoing promoter would have to forego control and all special rights and dilute stake to 10 percent to become a public investor.

Right disclosures must for listed companies: Sebi chief

Last Updated: Sunday, June 7, 2015, 16:13

"But there is one element in the minds of many people that whatever we hear from the company, including the results they announce. The question that comes in the mind of the investor is are these announcements by the companies reliable? Can investors trust them?

Sebi mulls system-driven disclosure regime for listed firms

Last Updated: Sunday, May 24, 2015, 15:27

System-driven disclosures can significantly help in monitoring compliance on a real-time basis while reducing the burden of compliance on individuals.

BSE, NSE to suspend share trading of non-compliant companies

Last Updated: Friday, April 24, 2015, 13:03

Stock exchanges BSE and NSE have ordered share trading suspension for companies found to be non-compliant to listing agreement clauses relating to corporate governance norms and shareholding disclosures.

Govt makes a pitch for open source software in IT tenders

Last Updated: Sunday, April 5, 2015, 12:23

With an aim to reduce project costs, the government has decided to give preference to open source software (OSS) over proprietary in e-governance procurements.

"Give it up", PM Modi asks better-offs to forgo LPG subsidy

Last Updated: Friday, April 3, 2015, 21:33

Prime Minister Narendra Modi on Friday coined a new slogan - "give it up" - to exhort the better off sections of society to forego their LPG subsidy that can be utilised in providing subsidised LPG connections to the poor.

Australia considers joining Asian Infra Investment Bank

Last Updated: Friday, March 13, 2015, 13:58

Australia will consider joining the Asian Infrastructure Investment Bank (AIIB), Treasurer of Australia Joe Hockey said on Friday, a day after Britain applied to join the China-proposed bank as a founding member.