The success of a business is typically backed by astute minds, with a brilliant strategy. Having said that, there is no silver bullet to ensure this success, especially when it comes to developing and implementing a sustainable growth plan. There are times when different departments may end up being in an involuntary competition with each … More Empowering your legal department
Growth and profitability have been at the crux of the corporate agenda and defined the way businesses function. Companies have nevertheless encountered challenges while trying to achieve these goals, which have inevitably required them to sometimes ‘work around the way of the land’. For instance, it is a common concern that in certain regions or … More Profitability or integrity? Why not both?
India has seen a spurt of corporate scams and cases of corporate espionage. This has resulted in an urgent need for a strong corporate compliance function. Bribery and corruption continue to pose significant challenges in India. The 2014 Transparency International Corruption Perceptions and Bribe Payers Indices (2011) rank India 85th (out of 174) and 19th (out … More India catching up on international trends on compliance
The Indian pharmaceutical sector has seen immense flux in recent times in the form of stricter regulations, price control, contract manufacturing, mergers and acquisitions and foreign investments among others. Regulators around the globe, such as United States Food and Drug Administration (US FDA), the United Kingdom Medicines and Healthcare Products Regulatory Agency (UK MHRA), World … More Weathering the trials of quality and data integrity compliance in the Indian pharmaceutical sector
In our last segment of EYPerspecTV with Mr. Vinod Rai, former Chairman of United Nations Panel of External Auditors and 11th Comptroller and Auditor General (CAG) of India, we talked about how private companies in India could improve their corporate governance structures and ensure compliance in more than just substance. In the third and final segment of this series, Mr. … More EYPerspecTV – Interview with Vinod Rai (Part 3)
Sparked by innovative ideas and led by entrepreneurial talent, the Indian start-up ecosystem has seen skyrocketing growth over the last few years. But every burgeoning business is faced with its own set of challenges. The Indian software products space has shown immense promise; but it has also become vulnerable to compliance related issues.
In our last segment of EYPerspecTV with Mr. Vinod Rai, former Chairman of United Nations Panel of External Auditors and 11th Comptroller and Auditor General (CAG) of India, we discussed the new Companies Act 2013 and debated on the role of whistle-blowing in India. In the second segment of this three part series, Mr. Rai gives guidance to private … More EYPerspecTV – Interview with Vinod Rai (Part 2)