He was speaking at the International Corporate Governance Day organised by the Institute of Company Secretaries of India (ICSI) here.
To enumerate the possible methods and procedures for the adoption of Best corporate governance practices by the entire world, it becomes all the more important to create an environment of maximum transparency, Navarang Saini, Director (Investigation & Inspection) at the Ministry, said.
"The G20/OECD principles of corporate governance will promote trust and improve functioning of the economy, build efficiency, financial stability and sound financial systems that will promote good governance.
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Bike taxi-hailing app Baxi launches services in Delhi
Bike-taxi hailing app Baxi today launched its ride-sharing service in the national capital as the second phase of odd-even rule commences in Delhi.
The company was till now offering services in Gurgaon and Faridabad, a company spokesperson adding 30 bikes have registered on the app and the number will grow further.
By adding ride-sharing service across Delhi, it will not only be able to cater to a much larger consumer base, but also provide an extra source of income.
Alstom India appoints Ashok Ganesan as it Managing Director
Alstom India Ltd has decided to appoint Ashok Ganesan as its Managing Director for a three year term from May 1, 2016.
"Board of Directors of the company at its meeting held on April 15, 2016 has appointed Ashok Ganesan as MD of the company wef May 1, 2016 for a period of 3 years, subject to necessary approvals," Alstom India Ltd has informed BSE.
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Hartek Power connects 50 MW solar project in AP
Hartek Power Ltd has successfully connected a 50-MW solar project to the grid in Anantapur district of Andhra Pradesh.
OnePlus launches OnePlus 3 for Rs 27,999
* Handset maker OnePlus today launched a new smartphone 'OnePlus 3' priced at Rs 27,999.
This is the first device from the OnePlus stable to be available for purchase without an invite from Day 1.
"India has always been a special market for us and we are thrilled to launch the OnePlus 3 for our Indian users simultaneously with the rest of the world. We are confident the phone will bode well with the expectations of the Indian fans," OnePlus India General Manager Vikas Agarwal said.
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Zensar bags multi-mn dollar deal from John Lewis * IT firm Zensar Technologies today said it has bagged a multi-million dollar managed services deal from John Lewis, UK's largest department store retailer.
Zensar already works with John Lewis for next generation applications management solutions.
As part of this five-year agreement, Zensar will be responsible for application management and technical analysis services for buying, selling, supply chain, financial management, management information systems, digital and online order management, customer delivery and mobile applications, it said in a statement.
Wipro launches data discovery platform
* IT firm Wipro today launched its analytics solution, Data Discovery Platform that will provide business insights across the value chain of an industry through pre-defined 'apps'.
Businesses grapple with the inability of traditional systems to provide the contextual insights needed to differentiate and drive the business in a hyper-competitive and digitally driven world, it said in a statement.
Delhi, Mumbai airports bag Skytrax awards
* Indira Gandhi International Airport (IGIA) in the national capital has bagged the award for the "Best Airport in India and Central Asia" from Skytrax.
Mumbai's Chhatrapati Shivaji International Airport secured the top award for the "Best Airport Staff Service" in India and Central Asia.
It covered 550 airports worldwide and evaluated traveller experiences across different airport services.
The award ceremony was held at Amsterdam, Netherlands on Tuesday.
Recently, the Delhi airport was ranked second in the world in terms of the highest category of over 40 million passengers per annum (MPPA) as per Airport Council International's Airport Service Quality Awards 2016.
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