While on Infosys and good governance, how about the company ending the tradition of having the CEO’s wife head Infosys Foundation? Vishal Sikka’s wife headed Infosys Foundation implementing the company’s corporate social responsibility (CSR) initiatives and resigned soon after he did. How does this practice go with a public limited company? Since Infosys was the benchmark for good governance, this dubious practice has been quickly adopted by many listed companies and wives/daughters of many promoters/founders now control 2% of the profits earmarked as CSR spend and have lavish offices and expenses to do so. It’s time to scrap the hypocrisy of mandatory CSR.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
