Page 21 - Indian Companies

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An exclusion list for selecting great independent directors

Malabar Gold & Diamonds to invest Rs 1,600 crore in FY22 on 56 stores

This is in line with the company's expansion plan to triple its retail network from over 250 showrooms this year to 750 outlets by 2023

Prestige Estates to take over $1.4-billion project from bankrupt firm

The court-appointed insolvency resolution professional Jayesh Sanghrajka declined to comment when reached by phone

One year of lockdown: A roller coaster ride continues for India Inc

While the lockdown shaved off revenues in most sectors, with the exception of financial services and IT, the decline in profits was even sharper

IBC activity likely to see gradual rise after resumption, say experts

The CIRP, which was suspended in light of the Covid-related stress, covers a one-year period ending March 24, 2021

Centre likely to float request-for-proposal for Air India privatisation

The treatment of liability of Rs 207 crore for wage arrears of employees working on narrow body fleet of the airline, will also be clarified

Hinduja Group launches new Berryllus Capital wealth advisory JV

The UK-headquartered Hinduja Group on Monday announced the launch of Berryllus Capital, a new joint venture (JV) focussed on investment management, investment banking and real estate advisory for ultra-high net worth families around the world. The new JV with NASDAQ-listed Focus Financial Partners Inc, a leading partnership of independent, fiduciary wealth management firms, is dubbed a multi-family office that will cater to some of the most prominent families in the world through offices in London, Geneva and Singapore. The firm will provide advice and integrated strategies for managing client investments, philanthropic endeavours and legacies. We are partnering with great optimism on Beryllus Capital with Focus Financial Partners, said G.P. Hinduja, Co-Chairman of the Hinduja Group. "This is an important strategic alliance. Beryllus Capital will address the bespoke needs of ultra-high net worth families on a global scale, with outstanding professional and governance standards, he .

Need legal provisions to have superintendence, control over NCLT: NCLAT

According to RP, a resolution plan is pending approval before the Delhi bench of NCLT since 2019 and the matter has been adjourned as many as 18 times.

From hi-tech telescope to Covid-19 study: ThoughtWorks does it all

According to the firm, with TMT, one will be able to study the universe like never before

Family offices continue to gain momentum in India after Covid-19 disruption

Conditions have become even more favourable for such institutions to grow in India after the Covid-19 disruption

Cash-rich companies may step up payouts to shareholders: Analysts

Bajaj Auto will distribute up to 90 per cent of its annual profit as dividend

Profit or loss, independent directors of companies must get paid: MCA

Till now, there was no provision in the Companies Act that allowed a remuneration for the non-executive director if the company was in loss or had inadequate profits

Sebi bars 3 companies, 10 individuals for illegal fund raising activities

Regulator Sebi on Friday barred three companies and ten individuals from the securities market for illegally raising money from investors in the name of investments for teak trees.

Why our brain resists diversity

Although the brain resists variation, in contrast, variation is at the core of evolution and life forms

Second wave of Covid? From Tanishq to Panasonic, India Inc says we're ready

Firms say lessons have been learnt, ops reconfigured and supply chains adapted

Stick to spirit of law instead of finding loopholes: Goyal to investors

Goyal said that some investors have been trying to circumvent and misuse the provisions of the law, which leads to the government trying to plug the loophole

Govt invites EoIs by April 30 to set up display fabrication units in India

According to experts, the technology is held by a select few companies in China, South Korea, Taiwan, and Japan

SC right to protect IBC

Back door for promoters to retain control closed

'Paper'ing over the cracks

Independent directors - cats on a hot tin roof

Workplace visits close to pre-pandemic levels; Uttar Pradesh leads the pack

Workplace visits are between 80% and 95% of pre-pandemic levels, shows an analysis of Google mobility data.