Corporate Governance

Infosys ADR dips 14% on whistleblower’s window dressing allegations

IT major Infosys saw its American Depositary Receipts (ADRs) on the NYSE sink by 14 per cent on Monday (as of 9 pm), after the revelation that a group describing itself as ‘whistle-blower staffers’ had accused the management of hiding the true financial picture. Indian stock exchanges were closed on Monday, due to state elections. Brokerages firms say they expect Tuesday to see similar selling pressure on the company’s shares. Infosys had faced allegations from whistle-blowers in 2016-17. The developments…

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Criticism Over Proposed Media Bill

By A Correspondent- The proposed Zimbabwe Media Commission (ZMC) Bill has received huge criticism for certain clauses which seem to impinge upon the rights of journalists when it is supposed to be promoting such. Speaking during a public hearing at the Parliament of Zimbabwe on the ZMC Bill conducted by the Prince Dubeko Sibanda-led Parliamentary Portfolio Committee on Information and Media on this Friday, media practitioners called for the amendment of “repressive” clauses of the bill. Media lawyer, Chris Mhike…

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Economic reform is not a panacea for all companies: Saurabh Mukherjea

We cannot take people’s money and punt it on companies which have crashed by 67%. It does not work like that. Be rational about it, rather than getting lost in false labels of largecaps, micro caps, mega caps, says Saurabh Mukherjea, Founder & CEO, Marcellus Investment. Excerpts from an interview with ETMarkets.com. In any country, how do economic reforms lead to wealth generation? Economic reforms typically come with a short-term cost. If there was not some sort of economic pain…

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Malaysia committed to corporate governance

Tan Sri Tommy Thomas KUCHING: The government urged both the public and private sectors in Malaysia to collaborate to rebuild and strengthen the trust in Corporate Malaysia. Lim Guan Eng This was highlighted during the International Directors Summit 2019 (the Summit), whereby Minister of Finance Lim Guan Eng and Attorney-General of Malaysia Tan Sri Tommy Thomas, Attorney-General of Malaysia delivered their keynotes on day two of the summit, rounding up the two days of robust discussions and debate around corporate…

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Kazakhstan ranks 55th in Global Competitiveness Index, moves up four spots

NUR-SULTAN – Kazakhstan moved up four spots to 55th out of 141 countries in the Global Competitiveness Index published Oct. 9 by the World Economic Forum. The report assesses drivers of productivity and long-term economic growth.  Kazakhstan’s indicators. Kazakhstan, with a score of 63 points, is positioned between Uruguay and Brunei Darussalam.  The report, in its 40th year, organises 103 indicators, such as digital skills, inflation and social capital, into 12 pillars – institutions, infrastructure, information and communication technology (ICT)…

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Free Hickman’s Family Farms Eggs with Keto Friendly Temptee Specialty Foods Meat or Pre-cooked Egg Purchase – Corporate Governance News Today

Free Hickman’s Family Farms Eggs with Keto Friendly Temptee Specialty Foods Meat or Pre-cooked Egg Purchase – Corporate Governance News Today – EIN News Trusted News Since 1995 A service for global professionals · Sunday, October 13, 2019 · 499,151,854 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

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Dennis Muilenburg out as Boeing chairman but keeps CEO position

With pressure mounting on the Boeing board and increased public concern about a need to revamp the company’s safety culture, the board on Friday took away Dennis Muilenburg’s role as company chairman, separating that position from his chief executive role. Muilenburg will remain CEO and president, and will stay on the board of directors, while lead director David Calhoun was elected to replace him as chairman. The move falls short of what some analysts have called for: Muilenburg’s ouster, along…

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SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigations of Acquisitions – Corporate Governance News Today

SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigations of Acquisitions – Corporate Governance News Today – EIN News Trusted News Since 1995 A service for global professionals · Tuesday, October 8, 2019 · 498,680,538 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

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dynaCERT Inc. CEO Interview with Global News Radio 640 Toronto, Paris Accord Obligations Could Can be Met Immediately – Corporate Governance News Today

dynaCERT Inc. CEO Interview with Global News Radio 640 Toronto, Paris Accord Obligations Could Can be Met Immediately – Corporate Governance News Today – EIN News Trusted News Since 1995 A service for global professionals · Monday, October 7, 2019 · 498,507,169 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

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