The Hub February, 2023, monthly e-newsletter from Independent Directors’ Databank gives you a broad view of developments happening around Regulatory framework, Corporate world among other updates.

The featured stories in various sections cover regulatory updates, governance practices and experience sharing by Independent Directors.

In today’s business environment, companies cannot settle for incremental improvement; they must periodically undergo performance transformations to get, and stay, on top. In this process, the exact nature of the CEO’s role will be influenced by the magnitude, urgency, and nature of the transformation; the capabilities and failings of the organization; and the personal style of the leader. To harness the transformative power of the top team, CEOs must make tough decisions about who has the ability and motivation to make the journey. There is no substitute for CEOs rolling up their sleeves and getting personally involved when significant financial and symbolic value is at stake.

Setting in the Hub – February, 2023 issue highlights “26^th Annual Global CEO Survey: India perspective” a survey report from PwC.

Vignettes showcase an article from Ashok Haldia titled "Companies should avoid greenwashing in BRSR reporting".

Regulatory Worktop shares the key updates about, a) MCA amended various Rules in the Companies Act 2013 and corresponding eForms for regulatory filing in V3, b) SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2023, c) IBC overhaul seeks to give Adjudicating Authority a power boost, d) SEBI allowed certain relaxation in LODR compliances and e) Master Direction – RBI (Acquisition and Holding of Shares or Voting Rights in Banking Companies) Directions, 2023.

Regulators Eye focus on the key updates relating to a) US tech giants say Indian panel’s recommended Competition Amendment Bill ‘absolutist and regressive’, b) Adani Group plans Independent Audit of group companies, c) HUL's Independent Director fined under insider trading regulations, d) Google vs CCI: SC's order a watershed moment for India's digital transformation, and e) Startup Blunder: GoMechanic founders admit financial irregularities.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers The World Sustainable Development Summit 2023 | TERI | February 22-24, 2023 and Residential Workshop on Corporate Governance & CSR | PHDCCI | 26 February-1 March, 2023.

Global Events, suggested are ICGN Governance, Stewardship & Sustainability Course | ICGN |14, 16 & 21 February, 2023 and Board Optimization: Best Practices for Improving Board Performance | NACD | February 23, 2023.