Pratip Kar

The responsibility to be informed of Tata Trusts' assets and to protect them vests with the trustees

Tata Group has a culture predicated on loyalty, dignity, societal responsibilities and public service

Implementation will be weakened if we fail to define terms used in the Act clearly and precisely

The new Companies Act provisions on the performance evaluation of boards need to be unambiguous and their implementation realistic if compliance is to be expected

The governance structure and boards of PSBs, including State Bank of India and its subsidiaries, are antiquated and no longer conducive to good governance. These must be changed

A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance

The sum total of the various amendments approved by Sebi would certainly raise board oversight and increase the responsibilities as well as liabilities of directors

Overstretched and overcommitted directors may compromise responsibilities and cease to be effective

The three major concerns about proxy advisors are: conflict of interest; giving voting recommendations without adequate accountability; and the misalignment of voting power and economic interest

The Bill lays strong emphasis on internal governance, the boards need to be alive to these needs

The Sebi has acquired sweeping new powers under an Ordinance. Much depends on the speed, efficiency and decisiveness with which it can enforce them

Having acquitted itself creditably in its first 25 years, India's first independent statutory regulator for the financial sector needs to ready itself for the intricacies of globally integrated market

Erroneously labelling it a chit fund, as some state functionaries have, may unwittingly give this questionable company legal wings to fly

Mere patchwork may not be enough to fix all that ails the Indian primary market

When important people are involved in insider trading, only quick and firm action against them sends a powerful message

Incentivising fund managers will help but may not be sufficient to encourage investors to part with their nest eggs

We need to build the household sector¿s confidence in the stock market