Independent directors at India’s Nifty-50 companies saw their median compensation more than double over the last five years, with a significant jump to Rs 87.4 lakh in FY24. The rise has been driven by increased responsibilities and complexities in their roles, requiring substantial time commitment and effort. Companies have raised commissions to reflect these demands.
Investors not inclined to ‘sell India buy China’ but to ‘sell India buy USA’: Samir Arora
Samir Arora cautioned investors not to get overly excited by CLSA’s increased allocation to India. He believes that investors were shifting to the US, not