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Why do we blame Independent Directors for every corporate fubar?

Ranjeev C Dubey
Why do we blame Independent Directors for every corporate fubar?

Given how much money went down in the IL&FS fubar, public outrage against everyone connected with the company was to be expected. That said, the sheer volume of venom that targeted Independent Directors seemed unfair.

 
 

China's BBK Electronics no. 2 smartphone maker in India after Samsung

With brands Oppo and Vivo, China's BBK Electronics is India's number 2 smartphone maker by revenue.

SK Birla's Digjam shuts woollens factory amid liquidity crunch

Tata Sons wrote off Rs 28,651 crore on telecom business in FY18; took 76% dent on net profit

RBI ends nominee director's tenure in Dhanlaxmi Bank board 5 months before term

Madhavan's exit before the set tenure appears to be in line of the RBI's increased scrutiny of CEOs in the private banks and board members.

Brace for chaotic day as petrol, CNG pumps to remain closed in Delhi today

Quarterly results to drive stock markets; oil, rupee also to be watched: Experts

Finance Ministry extends deadline for filing September GST returns to October 25

GST Council Secretariat asks Delhi, Punjab, 5 others to set up appellate authorities promptly

Petrol, diesel prices cut for fourth consecutive day

Petrol price was cut by 25 paise a litre and diesel by 17 paise, according to the price notification of state-owned oil firms.
 
 

Govt to investigate illegal foreign assets of 'thousands of Indians'

Direct tax collection grows 15.7% to Rs 4.89 lakh crore, says CBDT

As per the latest data, the number of taxpayers getting refunds is up by 62 per cent from 1.22 crore refunds in the corresponding period of the last fiscal

Tata Group Chairman N Chandrasekaran got Rs 55.11 crore as annual remuneration in FY18

Petrol, diesel prices slashed for 5th day as crude oil trades below $80 a barrel

Fuel prices started decreasing on October 17, and since then petrol has been slashed by Rs 1.09 in Delhi alone, while diesel has been cut by 50 paise.

Why India needs to rethink its relationship with OPEC

Centre notifies special courts for benami transaction cases

Swiss bank moves court to evict Vijay Mallya from mortgaged London mansion

Swiss Bank UBS AG has moved the UK High Court to evict ex-Kingfisher Airlines boss Vijay Mallya, his mother and son from their multi-million-pound mansion in London.

Air purifier makers expect sales to rise as air quality worsens in Delhi, tier II cities

FPIs pull out over $4 billion from capital markets in three weeks

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