Nomura appoints Sameer Jain as Chief Information Officer for Wholesale aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Apr 04 2021, 10:10 AM
April 04 2021, 10:10 AM
April 04 2021, 10:10 AM
Should it matter what type of company it is when determining the duties of its directors? What is the fiduciary duty of nominee directors? And, do directors nominated by charitable trusts have a wider responsibility to the public than other directors?While the Supreme Court awarded a resounding win to Tata Sons in the oppression and mismanagement case filed against it by Cyrus MIstry, it left a few important questions on corporate go.
Should it matter what type of company it is when determining the duties of its directors? What is the fiduciary duty of nominee directors? And, do directors nominated by charitable trusts have a wider responsibility to the public than other directors?
Telcos, DoT remain divided over an upfront payment of AGR dues
Vi owes ₹58,254 cr in AGR dues, while its estimates are at ₹21,533 cr
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While telcos said they have already made an upfront payment of 10% of the total dues and need not pay more till 31 March, the government is of the view that the 10% should be paid irrespective of the part-payments made by them before the SC verdict
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India’s telecom operators and the department of telecommunications (DoT) have different interpretations of the Supreme Court’s (SC) judgment on 10% upfront payment of their total adjusted gross revenue (AGR) liabilities, which could prolong the legal battle that started in 2005.
Bionic, a Palo Alto, Calif.- and Tel Aviv, Israel-based application intelligence company, emerged from stealth with $17m in funding.
The Series A round was led by Battery Ventures’ investors Dharmesh Thakker and René Bonvanie. Thakker is a Battery General Partner while Bonvanie is an Executive in Residence and CMO Emeritus of Palo Alto Networks. As part of the investment, Bonvanie joined Bionic’s Board of Directors which currently includes early investors Gili Raanan of Cyberstarts, and Michael Fey, former president of Symantec and Blue Coat. Additional investors in Bionic include Don Duet, former CTO at Goldman Sachs, Sameer Jain, former CIO of Barclays, and Ariel Maislos, founder of Passave and Anobit.