Government launches independent directors’ databank

NEW DELHI: In a significant move, the government on Monday launched a databank of independent directors which will be a “comprehensive repository” of existing as well as those eligible to be independent directors. Set up under the Companies Act, 2013, independent directors are required to register themselves with the databank within three months from December … Read more Government launches independent directors’ databank

40 Tata firms to seek nod for enlisting specialist directors

MUMBAI: In the annual general meeting season starting in July, about 40 listed companies of the Tata Group, India’s largest conglomerate, will approach its shareholders for approval to enlist specialist independent directors. While the move to recruit new independent members is seen as a step to conform with corporate norms that mandate only two five-year … Read more 40 Tata firms to seek nod for enlisting specialist directors

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