AIDI Round Up: Corporate Governance Newsletter

WeWork India looks to rationalize expansion, focus on profitability.

WeWork India, the local affiliate of New York-based co-working startup, The We Company, is working on improving profitability, rationalizing the rate of expansion and product prices, and catering to large enterprises, said a top company executive. Read More
HDFC in ''leadership'' category governance scorecard in 2019. 

Leading housing finance company HDFC Ltd on Wednesday said it has been felicitated under the "leadership" category in corporate governance scorecard in 2019. The corporate governance scorecard is a joint initiative of the BSE Limited, International Finance Corporation (IFC) and Institutional Investor Advisory Services (IiAS) with the financial support of government of Japan. Read More
India: Related Party Transactions- Need For Reform?

From serious incidents of fraud and mismanagement to underperformance and conflicts of interest- corporate governance in India is at crossroads. With the number of major irregularities that have come to surface in large corporations in the last year, it is time to break the illusions of 'good' corporate and compliance governance practices of Indian companies. Read More
Twenty-first century corporate governance moves into adulthood. 

Twenty-first century corporate governance is about to enter its 20s – or, phrased differently, its teenage years are about to end. Like most teenagers, it has been unpredictable and unruly, with a tendency toward melodrama. Also like most teenagers, however, it has matured almost in spite of itself and, hopefully, will enter its 20s as a more reasonable and responsible creature. Read More
New Nissan CEO vows to improve corporate culture after Ghosn's rule.

“I will be committed (to my job) with the focus on regaining trust and recovering business performance,” Uchida said in a group interview after assuming the post on Dec. 1 as part of a leadership revamp aimed at restoring the company’s battered earnings and improving governance. Read More
Tata Power amongst top 10 companies with highest governance score.

Tata Power made it into the top 10 list for the first time. It is also the first time that the company has entered in leadership category which features six companies with the highest scores. The scorecard presents an assessment of 150 companies which comprises S and P BSE 100 index constituents and 50 companies that were listed between April 2015 and March 2017 (IPO companies). Read More
The Association of Independent Directors of India (AIDI) is formed with the primary objective of advancing exemplary board governance and establishing leading boardroom practices in India. As a non-profit, we are committed to facilitating healthy interface with the government to promote effectiveness of the Board as per the Companies Act, 2013.
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