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Private Sector Capex Fy27: Private sector capex to shrink 17% in FY27: NSO Survey

NEW DELHI: Indicating a slowdown in expansion plans of India Inc, the private sector capex by large firms is expected to fall nearly 17% next year, after a strong showing in 2025-26, reflecting a more cautious stance amid global uncertainty, a survey by statistics ministry released Monday showed. The second edition of the forward-looking survey…

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Companies Act seeks to allow new exec compensation tools

NEW DELHI: Finance and corporate affairs minister Nirmala Sitharaman on Monday introduced fresh amendments to the Companies Act, which seeks to decriminalise several procedural defaults, provide flexibility in buyback of shares and recognise new instruments for executive compensation.The bill, which has been referred to a joint Parliamentary committee for examination, provides for allowing restricted stock…

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Independent directors must act responsibly: Sebi chief

MUMBAI: Tuhin Kanta Pandey, chairman, Sebi on Monday said that independent directors are expected to act responsibly, not make insinuations and keep things vague. The chief markets regulator’s comments came in the context of the recent resignation of Atanu Chakraborty as non-executive chairman of HDFC Bank, the largest private sector lender in the country.The markets…

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