Sebi has also relaxed time-gap required between two board meetings & companies have been given time till 15 May for filing quarterly governance reports.
Bank’s lending growth was substantially over the average credit growth of the banking industry, with experts saying the board should have been more proactive in flagging it.
Now that SEBI has started the clean-up, it must take its broom to the dark crevices. Even the conduct of bigger intermediaries needs closer supervision.
Under fire in the wake of whistleblower complaints on alleged accounting lapses at Infosys, Nandan Nilekani had said company processes were so strong that even God couldn't change the numbers.
In 2024-25, India exported $387.54 bn worth of services, against imports of $198.14 bn, earning all-time high surplus of $189.40 bn. This offset 2/3rd of goods trade deficit.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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