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.
Uday Kotak questions SpaceX valuation, says only time will tell if we’re in ‘mega bubble’
Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks