The just transition will need to rely on the finance sector to ensure the global transition to a resilient, net-zero and nature-positive economy is done in a socially inclusive and fair way, a new report has found.
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Recommendations were published this week by SEBI panel chaired by Uday Kotak which are designed to radically improve corporate governance practices in India. The committee on corporate governance was set up in June by the Securities and Exchange Board of India (SEBI) and asked to submit their proposals within four months. Key issues SEBI wanted to […]
Read MoreThe Indian financial regulator, the Securities and Exchange Board of India (SEBI) has set up a committee to advise on issues relating to the corporate governance of listed companies. SEBI wants the committee to recommend improvements within the next four months. Specifically SEBI is asking the committee to make recommendations on: 1.Ensuring independence in spirit of […]
Read MoreFollowing revelations that shareholders in Indian companies were being disadvantaged by private equity promoters SEBI, India’s Securities and Exchange Board is looking to cut down on unfair practices. In a consultation to change to its Listing Rules SEBI said that it had been found that certain private equity firms had entered into side agreements with top personnel and key […]
Read MoreThe International Finance Corporation (IFC), part of the World Bank, and BSE (formerly the Bombay Stock Exchange) are working together to develop a corporate governance scorecard which will help Indian companies assess their corporate governance performances against national or international-benchmarked practices. The aim is that companies can use the scorecard to identify areas of corporate governance that require improvement and […]
Read MoreIndia’s review of corporate governance prompted by the Satyam scandal is now expected to result in the issue of corporate governance guidelines by the end of December, according to India’s Corporate Affairs Minister, Salman Khurshid. The guidelines are expected to be voluntary for the first year and are expected to cover issues such as directors’ […]
Read MoreShareholder activism in Indian companies is a relative rarity in comparison to what is now considered the norm in developed countries. The Securities and Exchange Board of India (SEBI), the capital market regulator in India, believes its domestic mutual funds have a bigger role in public shareholder activism and with the introduction of new regulations wants to see […]
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