SME Times News Bureau | 23 Mar, 2018
Vice
President M. Venkaiah Naidu Friday
said that Indian corporates need to reform, perform and transform so
that they can open up new vistas of global opportunities which would
in turn benefit our country and its people.
He
said this while
addressing the gathering after giving away the Mint’s Corporate
Strategy Awards, in Mumbai today.
The
Vice President said that it is good to know that corporate and media
are converging with the larger aim of furthering the cause of the
drivers of the economy.
He
further said that Corporate Governance is one key element in
improving economic efficiency and growth as well as enhancing
investor’s confidence.
From
the Kautilya of the ancient Mauryan Kingdom to the modern corporate
empires, the issues of governance have always engaged the attention
of the rulers and other stakeholders, he added.
The
Vice President said that in recent times, corporate governance in
India has been in the news for reasons more negative than the
positive ones.
He
further said that these episodes in his view are a kind of churning
from which all the stakeholders of corporate governance need to draw
right lessons for transforming our corporate governance norms at par
with the best in the world.
This
is the need of the hour when we as a nation are keen to draw out the
best of our economic might given its acknowledged potential, he said.