A corporate governance expert explores what transparency really means for businesses. An organisation that delivers credible and timely information for all its stakeholders is transparent. Such information provides critical insights regarding the performance of a company and therefore it is imperative that companies have a disclosure mechanism in place. Certain kinds of information are required by regulators and other kinds by investors and other stakeholders. In fact, those working in the area of corporate governance, often use the terms transparency [...]
The average spending on corporate social responsibility (CSR) by companies in India went up 29 basis points to 1.64 per cent last year, edging closer to the government mandate of 2 per cent. The overall expenditure among companies in India on CSR activity registered a significant increase of 22 per cent, latest analysis by ratings agency CRISIL has revealed. The bulk of the CSR money went into education, skills development, healthcare and sanitation initiatives. India’s Companies Act 2013 encourages corporates [...]
GIFT City in the state of Gujarat, located near Ahmedabad airport, has been classified as the country’s model Smart City. ‘India Investment Journal’ caught up with its Managing Director & Group CEO, Ajay Pandey, during a visit to London to explore why it offers the ideal blueprint for India’s Smart City drive. What makes GIFT City a model Smart City for India? GIFT is an acronym for Gujarat International Finance Tec-City. GIFT City is one of the model smart cities [...]
The New Year should mark a period of inward reflection for one of India’s truly global conglomerates – the Tata Group.
What is common between Walmart, Apple, Google, General Electric, Volkswagen, HSBC and the Tata Group? These are all highly successful profitable companies or conglomerates that have branched out from their home countries to almost every corner of the world.