Whistle Blower

Sebi mandates that companies disclose any whistleblower complaints related to promoters in their IPO documents, aiming for increased transparency after recent interventions in IPOs

Many companies across the Asia Pacific region have stepped up their efforts to keep their whistleblower programmes and policies up to date, and there is more that can be done, according to a senior lawyer of a global law firm. Companies are recognising that they must adopt best practices in the environmental, social and governance (ESG) space, said Mini vandePol, Head of Baker McKenzie's Asia Pacific Investigations, Compliance & Ethics Group. On ESG adoption in India, she said that at the moment, it is a little bit of a "mixed bag". "This is partly because it is being talked about mainly by the regulators like Sebi... I think there is a good understanding of the environmental part... It's the S and the G that are less understood," she said. Meanwhile, the capital market regulator Securities and Exchange Board of India (Sebi) has mandated the top 1,000 listed companies by market capitalisation to make filings as per the Business Responsibility and Sustainability Reporting (BRSR) ...

If we continue to misuse this policy with frivolous and mischievous complaints, then we are blunting it," she said

The payment was mentioned in passing at a Sept. 6 hearing in the lawsuit between Twitter and Musk over his attempts to cancel a $44 billion purchase of the company

The current chart pattern signals a weak trend and market participants are likely to stay on the sidelines to see whether the stock honours the respective support levels

The stock closed at Rs 438 a share, down 10.94 per cent, with a market capitalisation of Rs 33,499 crore

An executive director in the board, Rao, in an interaction with Bibhu Ranjan Mishra and Debasis Mohapatra, says the IT services firm is in a much better position today

The book is unlikely to change anyone's mind about Mr Snowden, but when it comes to privacy and speech and the Constitution, his story clarifies the stakes

The proposed move assumes significance in the wake of several auditors in the recent past decided to exit from their audit mandate

Unlike the array of agencies that monitor corporate performance within expected paradigms, the whistle-blower is an unpredictable entity