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Subex wins multi-year deal from a leading North African Telecom operator
The Operator, who is part of the largest multi-country telecom group selected Subex for its flexible, governance-first EAM approach, which integrates seamlessly with Enterprise Resource Planning (ERP), Geographic Information System (GIS), and Network Management System / Element Management System (NMS/EMS) systems. Powered by Subex HyperSense, the solution enables centralized 360 asset visibility, Fixed Asset Registry (FAR) reconciliation and workflow automation.
India gains favour with global investors on returns, ESG momentum
India is maturing as a market in which foreign investors who take into account environmental, social and governance (ESG) factors are confident in dedicating more of their portfolio to, according to fund managers at the Indian Venture and Alternate Capital Association conclave in Mumbai, who cite the economy's scale, improving return outlook and advancing ESG standards as key differentiators.
Linde India should consider merger with Praxair after shareholders reject deal: Governance experts
Shailesh Haribhakti, Chairman of Shailesh Haribhakti Associates, and Amit Tandon, MD of Institutional Investor Advisory Services (IIAS), say minority shareholders rejecting Linde India’s related-party deal with Praxair signals a strong pushback on governance and shareholder rights. Tandon says the vote reflects concerns over value protection, while Haribhakti argues the best solution is merging the two entities in India, as done globally, to resolve conflicts.
Motilal Oswal Home Finance raises USD 100 million from Asian Development Bank
Motilal Oswal Home Finance (MOHFL) has entered into an agreement to raise USD 100 million in INR-equivalent from the Asian Development Bank (ADB) in the form of debt through Non-Convertible Debenture (NCD). The financing represents an important milestone for MOHFL and reflects strong confidence from a leading global development finance institution in the Company's business model, governance framework, and long-term growth prospects.
Sebi sets rules for custodians offering services outside its oversight
Sebi has allowed custodians, excluding bank-backed ones, to offer financial services outside its purview through separate business units, with rules on disclosure, governance, and risk controls
Fewer women on board, less clarity on succession planning: What a survey of Indian PSUs found
Many PSUs lag in having a sufficient number of independent directors and women directors on their board, even as details disclosing succession planning publicly remain patchy, showed Excellence Enablers' fifth survey on corporate governance in Maharatna and Navratna companies.
Boardroom gaps widen across state-run corporate giants
Public sector enterprises are experiencing a concerning omission in governance, with an insufficient number of independent directors being appointed. In FY25 alone, 36 companies failed to fulfill the basic requirement, and some lacked any independent oversight whatsoever. This pervasive issue demands immediate attention to prevent further deterioration of governance standards.
Sebi imposes Rs 38 lakh penalty on Coffee Day Enterprises, executives over financial disclosure lapses
Securities and Exchange Board of India fined Coffee Day Enterprises and nine officials ₹38 lakh for misstating financials between FY20 and FY25. The regulator cited unreported interest expenses, governance lapses, and violations of disclosure norms, while rejecting settlement pleas after adjudication proceedings.
Fino Payment Bank CEO's Arrest: FM Nirmala Sitharaman Responds After Mohandas Pai Flags GST Overreach
CFO Ketan Merchant said that the bank has a strong corporate governance, compliance framework and robust processes in place.
Payments Council writes to FM Sitharaman over Fino Bank CEO’s arrest
India's digital payments body, PCI, has voiced concerns to the Finance Minister following Fino Payments Bank CEO's arrest. While respecting law enforcement, PCI highlighted risks to governance continuity and trust in complex financial ecosystems. They emphasized the need for proportionality in accountability, especially for supervised institutions and their leadership.
NFRA inspection reports of 10 audit firms by March-end
India's financial watchdog, NFRA, has inspected ten major audit firms. These include EY, KPMG, Deloitte, PwC, Grant Thornton, and BDO. Findings will be released by March end. Inspections focus on audit quality and governance. Some firms show improvement in processes. However, areas like audit independence still need attention.
OYO parent appoints ex-SEBI chief Ajay Tyagi to board ahead of IPO push
CNBC-TV18 had earlier reported that OYO’s parent had confidentially filed draft IPO papers with SEBI, signalling a fresh attempt at tapping public markets after deferring earlier listing plans. The move reflects a broader reset within the company as it sharpens its focus on profitability, governance, and long-term capital market readiness.