India s complex regulations on disclosing related-party transactions have been in place for eight years, but the spirit of the law may still not be filtering into corporate behaviour. Experts believe Adani Group, India s top infrastructure player embroiled in governance issues, should have been more forthcoming about doing business with a legal firm where the chairman s daughter-in-law is a partner.
India s regulations around disclosing related-party transactions have been frequently tweaked over the past eight years. However, there are concerns that the spirit of the law is not filtering into corporate behaviour.
Why doesn t Adani disclose potential conflicts? - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Bloomberg Opinion: Why doesn t Adani disclose potential conflicts? hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.