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75% of the survey respondents believe that integrated reporting will help improve corporate reporting in their organisations.
Zomato Feeding India partnered with Grant Thornton Bharat LLP to independently review the process and system controls followed during the initiative
Corporate governance has taken centre stage in India due to the extent and propensity of risks in the present business environment and the case for enhanced governance mechanisms being echoed from regulators and stakeholders alike. In this scenario, it is imperative for businesses to reconsider their governance mechanisms and not treat the subject as merely a check-in-the-box exercise. The agenda of ethics, compliance and crisis management requires boards to act swiftly, and independent directors play an integral part in the process.
Success stories of home grown unicorns have found a sweet spot in management lessons and entrepreneurial aspirations alike. A 2017 CB Insights report suggests that outside the U.S, India has the second highest number of unicorn start-ups in the world.
On the back of a stable government and strong economic fundamentals, the Indian economy is on a rebound. Having clocked a growth of 7.3% in 2014-15, India is back on the radar of foreign investors looking to tap into a market of 1.2 billion people.
In light of growing international interest and scrutiny of corporate practices we set out to explore how three major aspects of governance – the role of culture, board composition and strategic planning – are affecting businesses around the world.
The Grant Thornton India Tracker, developed in collaboration with the Confederation of Indian Industry, monitors UK businesses with ultimate Indian parent companies to identify the fastest-growing companies by turnover, as well as the top Indian employers.
Tax shaming’ really is as bad as it sounds. Just ask Starbucks, Amazon, Google and HSBC. All four multinationals have faced public outcry in recent months after being ‘named and shamed’ by the media for tax avoidance practices.