Source: The Times of India "Name any known lawyer in Delhi and you will find him here," a guest was overheard saying at this party. The hall was packed with not just lawyers, but senior politicians and well-known names from the judiciary as well. Cyril and Vandana Shroff hosted a grand evening to celebrate '100 [...]
Source: Business Standard When IndiGo Airlines took wing in 2006, it redefined Indian aviation in many ways. In its decade of existence, the airline has proved that it is possible to make profits in the aviation business. IndiGo told Indians that there really was something called “on-time performance” and that flying can indeed be made [...]
Source: The Times of India Noted corporate lawyer Cyril Shroff, who was mandated by Infosys board to look into its corporate governance framework, is set to prescribe a new governance code for the IT behemoth aimed at addressing the concerns raised by its founders. The revamped corporate code aims to plug the gap in the [...]
Source: The Economic Times Cyril Amarchand Mangaldas, the law firm hired by Infosys to review its corporate governance practices, may have a conflict of interest in this assignment. Infosys founder NR Narayana Murthy, who alleged lowering of corporate governance standards at the company, is on the strategic advisory board of the law firm. Experts have [...]
Source: Business Standard The board of directors at India’s second largest software exporter, Infosys, asserted its independence and appointed law firm Cyril Amarchand Mangaldas to engage with the company’s founders over concerns raised by the latter on disclosures and transparency. The law firm, along with corporate governance experts, is to recommend to the board the [...]
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