ICICI Lombard warns exchanges after employee shares report third quarter results on WhatsApp

ICICI Lombard General Insurance disclosed a corporate governance lapse after draft, unaudited financial information for the December quarter was inadvertently shared on a senior employee’s personal WhatsApp status, prompting the insurer to inform the stock exchanges as a precautionary measure.ICICI Lombard said in a filing with the regulator that a ‘designated person’ accidentally posted certain […]

Too much weight on too few shares? Gurmeet Chadha suggests wider statistics for index composition

While the Indian stock markets continue to evolve, some believe that it is time to re -visit the methodology behind the index composition, in particular in how weights are assigned to component shares. The conversation gains in the midst of concern that the current weightings give exaggerated a handful of large-cap names, which may lead […]