Q: What are the changes that you see in your peer group of independent directors?A: Today, directors are very, very conscious that very serious liabilities could be on their head if things go seriously wrong or if some big fraud was to come about in the organisation that they could not rectify, control or resolve. In terms of being conscious of the role of the director, India has moved a lot in the last 10-12 years.Q: One view is that given the stringent requirements, being an independent director is simply not worth the trouble…A: (laughs) Yes, I agree with you.Q: So is it a deterrent?A: For someone without practice and knowledge, it can be a deterrent. For sure.Q: So there is a need for skills...A: Yes, especially if you are going to be on the audit committee whether as a chair or a member. Audit committee by far is the most complex of Board committees. And in case of non-banking (finance) companies or a banking company it is infinitely more complex.Even today the fees paid by … [Read more...] about What is a good way to run an Audit Committee?
Strategies used to achieve good ux
What are the biggest design and engineering challenges facing PC makers that want to stay in front of the desktop workstation market? We’re facing several major challenges; I’ll talk about two of them. The first is power. The components that we’re putting into our workstations demand increased power to satisfy performance requirements. As component power demands increase, we are finding it increasingly difficult to draw enough power from the wall. So that’s a major hurdle that we have to overcome. Our goal is to design a well-balanced system between energy efficiency, thermal performance and noise emissions. … [Read more...] about Thinking inside the box: How Lenovo is reimagining the desktop workstation
Here the details of the shipping bill are filed against the corresponding GST export invoices and submitted in GST returns. However, integrating the bill of entry filed at the time of clearance of goods from port with the GSTN portal of the registered person such as the return form GSTR 2A in case of domestic buying, will ideally help in eliminating the black market for goods. This is likely to plug another leakage point for GST revenue. The same is in line with the international best practices followed by countries which have implemented the GST/ VAT regime. … [Read more...] about 2020 promises key GST milestones
“Home loan borrowers should always opt for the best loan offer in terms of interest rate, processing fee, etc. They should opt for the EMI waiver home loan scheme only if it works out to be the cheapest option for them,” says Ratan Chaudhary, Head of Home Loans, Paisabazaar.com. Millennial borrowers may, however, may find such schemes beneficial as they can extend their horizon to 15-20 years. But if you see your income rising periodically, a scheme that allows pre-payment is always better.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Home loans with EMI waivers: Should you go for them?
A source close to AB InBev tells me that the thinking with this program is that they know consumers want to help and be a part of giving back and creating change, so by connecting a purchase to impact, they are able to be part of the program with the brand. Michelob has also partnered with the California Certified Organic Farmers (CCOF) Foundation to provide technical assistance to farmers as they navigate the move to growing certified organic crops. “We are eager to help farmers transition to organic production through the visionary Contract for Change program,” said CCOF CEO Kelly Damewood, in a statement. “Michelob Ultra is truly an organic champion and we are inspired by their commitment to helping farmers overcome barriers, while advancing the benefits of organic agriculture throughout the United States.” … [Read more...] about Michelob Ultra’s Super Bowl commercial transforms its do-gooder gesture into an ad stunt