Companies

Tax Exempts - The Paradise Papers

Taxes are flavor of the month. The Tax Cuts and Jobs Act (House Bill) was released last week; the Senate is about a week behind with its own bill. The press and professional advisors are producing article after article to figure out what it all means.

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Towards Better Corporate Governance in India

The Indian Government’s tirade against shell companies and its officers continues in full swing. As per the Ministry of Corporate Affairs (MCA), around 224,000 shell companies (companies remaining inactive for a period of two years or more) have been struck off from the Register of companies. This is about 15% of the total companies registered in India.

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Are Independent Directors Independent?

The separation of control from ownership in publicly listed companies requires effective corporate governance. As investors have limited visibility, it gives rise to the “agency problem”, where managers, as agents, may not run the company in the best interests of the shareholders.

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Meet Sophia, the First Robot to be Granted Citizenship by Saudi Arabia

Her name is Sophia. She looks a bit like Audrey Hepburn and gives facial expressions while talking. She has an answer for every question. And she is the first robot to be granted citizenship of Saudi Arabia.

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