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JPMorgan Hikes Kospi Bull Case Target to 10,000 on Memory Boom
JPMorgan Chase & Co. raised its targets for South Korean stocks for the second time in less than a month, citing improvement in the semiconductor cycle, corporate governance reforms and industrial-sector growth.
Tata Trusts Board Meeting: Bombay High Court Declines Urgent Hearing In Plea To Halt Meetings
The legal challenge comes amid wider governance questions across the Tata Trusts network relating to trustee appointments, board procedures and compliance with trust deeds.
United Breweries says employee mistakenly shared draft financial results, reports disclosure
United Breweries has disclosed an unintentional leak of draft financial results. An employee shared unpublished price-sensitive information with an external party. The company quickly released the final results on the same day. This prompt disclosure means no further regulatory action is expected. United Breweries is taking steps to address the lapse as part of good corporate governance.
Who is Manoj Kohli, former Bharti Airtel executive onboarded to fintech Alt DRX’s Advisory Board?
Former Bharti Airtel MD and CEO Manoj Kohli has joined Alt DRX’s Advisory Board as a non-director advisor. This comes as the tokenised digital real estate marketplace seeks to assemble “one of the most formidable self-governance walls in Indian fintech”.
Sebi approves Sanjay Shorey, Viral Mody as NSE executive directors
Sebi has approved the appointment of Sanjay Shorey and Viral Mody as executive directors at NSE under new governance norms for market infrastructure institutions
SEBI Sets Rs 20,000 Crore AUM Threshold To Classify 'Significant Indices'
SEBI tightened rules for index providers, aiming to improve transparency and accountability in benchmark governance.
Review of HDFC Bank finds no major governance concerns after chairman exit, says report
HDFC Bank governance review finds no major lapses, clearing the way for CEO Sashidhar Jagdishan reappointment and easing investor concerns.
HDFC Bank shares jump over 3% as report finds no governance concerns post chairman exit
HDFC Bank shares surged over 3% following a Reuters report indicating independent legal reviews found no major governance lapses. This eases investor concerns and clears the path for CEO Sashidhar Jagdishan's reappointment, following the chairman's earlier resignation. The findings are expected to be submitted to the board and the RBI, restoring confidence amid the bank's ongoing merger integration.
Sebi classifies 'significant indices' based on Rs 20,000-cr AUM threshold
Sebi has introduced a new framework classifying indices as 'significant' if mutual funds track them with over Rs 20,000 crore in daily average AUM for six consecutive months. This move aims to boost transparency and accountability in index governance. Index providers offering these significant indices must now register with Sebi.
HDFC Bank shares climb 3% on governance review findings By Investing.com - Investing.com India
HDFC Bank shares climb 3% on governance review findings By Investing.comInvesting.com India
HDFC Bank's review finds no major governance concerns after chairman Atuna Chakraborty's exit, sources say
HDFC Bank's governance review is nearing completion. Law firms are expected to report no significant issues. This development paves the way for the reappointment of CEO Sashidhar Jagdishan. The Reserve Bank of India is reportedly comfortable with this decision. The bank's stability is crucial for the Indian economy. This news has positively impacted the bank's stock.
SEBI sets ₹20,000 crore mutual fund AUM rule to classify significant indices
SEBI clarifies criteria for significant indices, sets AUM threshold, registration rules and review norms to boost transparency and governance for index provider.