Deal with the Loopholes

While acting swiftly on policy changes, SEBI must also ensure strict enforcement

The many layers of lies, intrigue, falsification of accounts and political machinations behind the Satyam scandal are unravelling everyday like the peeling of an onion. Yet, it is also evident that the government is in no hurry to get at the truth behind what is billed as India’s biggest corporate scandal ever....

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Dependent Directors

Is the concept of independent directors unworkable in India?

When it comes to debating the nuances of good governance, all the news seems to be emanating from Hyderabad and none bodes well for corporate India. After the cover story in our previous issue, two independent directors on Satyam’s star-studded board – Vinod Dham and Dr Krishna Palepu – decided to call a meeting which would also...

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The Power of One

Vijay Trimbak Gokhaleis a one-man armywho fights for justiceon behalf of investors

You need experience and knowledge of the other side to understand retail investor issues and conceive a strategy to cut through bureaucracy to find justice. Meet Vijay Trimbak Gokhale: his emails only tell you that he is an investor living in Mumbai’s distant suburb of Dombivli. But this activist-lawyer’s...

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