A large number of individuals and entities, including independent directors, top management personnel, rating agencies and auditors formerly associated with crisis-hit IL&FS may soon face action by capital market regulator Sebi for their role in the alleged fraud at the group.

IL&FS case: Independent directors, rating agencies, auditors under Sebi lens

Corporate leaders taking a public stand on partisan socio-political debates is becoming increasingly common in western democracies, especially in the US. From Starbuck’s Howard Schultz to Kenneth Frazier of Merck, many CEOs and corporate leaders have started publicly taking a strong political position on contemporary issues.

Corporate activism has no takers in India

The bill intends to strengthen corporate governance standards, initiate strict action against defaulting companies and help improve ease of doing business

Parliament passes Companies (Amendment) Bill, 2017

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