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In India as of 2017, a majority of the minimum three directors of public companies having share capital in excess of Rs. 100 million (Rs 100,000,000) should be independent. Clause 49 of the listing agreements defines independent directors as follows:
Prime Minister Narendra Modi chairing a video conference with the state Chief Ministers on May 11, 2020. The Indian state governments have responded to the COVID-19 pandemic in India with various declarations of emergency, closure of institutions and public meeting places, and other restrictions intended to contain the spread of the virus.
ii) those by a Managing Director, whole-time director or manager subject to the control and guidance of the Board of Directors i.e., he is liable to the Board of Directors and the function of the corporate. As per Clause 49, for a company with an Executive Chairman, at least 50 per cent of the board should comprise independent directors. In the ...
India reported its first case of COVID-19 in January 2020, and by March 2020, the government implemented a nationwide lockdown to contain the spread of the virus. However, this lockdown resulted in significant economic disruption and social challenges, particularly for the millions of informal workers who lost their livelihoods.
The Institute of Directors (India) was established in India on 12 July 1990, as a not-for-profit, apex association of Directors under the India's 'Societies Registration Act XXI of 1860' to improve their professional competence. It has since grown to associate with more than 30,000 leaders from Govt, PSU and Private organisations.
Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 – March 2020; Families First Coronavirus Response Act – March 2020; Coronavirus Aid, Relief, and Economic Security Act (CARES Act) – Includes $1200 stimulus checks, March 2020; Paycheck Protection Program and Health Care Enhancement Act – April 2020
The Government of India confirmed India's first case of COVID-19 on 30 January 2020 in the state of Kerala, when a university student from Wuhan travelled back to the state. [24] As the number of confirmed COVID-19 -positive cases approached 500, Modi on 19 March, asked all citizens to observe the 'Janata Curfew' (people's curfew) on Sunday, 22 ...
On 30 April 2021, it became the first country to report over 400,000 new cases in a 24-hour period. [15] [6] Experts stated that the virus may reach an endemic stage in India rather than completely disappear; [16] in late August 2021, Soumya Swaminathan said India may be in some stage of endemicity where the country learns to live with the ...