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Airline major IndiGo seems to be gearing up for the challenge of greater competition in India's skies by appointing its co-founder and promoter -- Rahul Bhatia -- as the Managing Director to focus on expanding the airlines presence in India and ...
‘For some companies, compliance is an unavoidable nuisance’ Former SEBI chief M Damodaran× Former SEBI chief M Damodaran on how only a few companies view compliance as an investment Be it the unearthing of the NSDL IPO scam, banning of hot money instruments linked to P-notes in derivatives, passing of first order in a front-running matter or returning money to investors under disgorgement concept, market regulator SEBI was a trend-setter during the tenure of Meleveetil Damodaran between 2005 and 2007. Damodaran is currently an observer of corporate governance practices. A recent report by Excellence Enablers, a think-tank founded by Damodaran, has highlighted how some of the top corporations are not complying with corporate governance norms. In an interview with Palak Shah, he shares his views on SEBI’s functioning and evolving corporate governance practices.