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Companies had raised around 285.5 billion rupees ($3.43 billion) until Oct. 29, the lowest since September 2018, and well below the 729.5 billion rupees in the previous month, data from Prime Database showed.
Then there are trends and technologies galloping ahead at an unprecedented pace, as well as heightened shareholder activism demanding board accountability. To keep pace, companies with purpose are making genuine efforts to ensure their boards have the right composition.
As many as 120,966 companies and LLPs were incorporated between April and September, up 11.4% from 108,583 a year before, according to the latest data compiled by the ministry of corporate affairs (MCA).
Remunerations paid to top bosses in corporate India are increasingly coming under scrutiny, just as the gap between salaries of workers and top bosses widens.