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Across several plenary sessions, the deliberations moved fluently from capital markets and ESG to AI governance, gender diversity, and regulatory intensification punctuated by two MoU signings, A Handbook release, and a joint research report inauguration. The theme of the Conclave, 'Making Boards More Effective for Investor Confidence & Sustainable Value Creation' was discussed in details.
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A lotus shows us that greatness can emerge from any beginning. That single image and the anecdote used in the first chapter of the book could serve as a metaphor for the entire argument of 'The Inspired Leader'. The book does something quieter than barging; it asks you to stop climbing and look inwards.
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The appointment of the Council's members and the operationalisation of several provisions of the Mediation Act remain critical next steps. A Parliamentary Standing Committee has also called for faster operationalisation of the MCI, clear timelines for regulations and notification of the remaining provisions of the Act.
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On September 15th the Ministry of Finance announced that, “UPI continues to remain free for Peer-to-Peer Transactions and 96% of Merchant Transactions”. Payments to merchants up to Rs. 2,000, along with transactions covered under the zero-MDR framework for small merchants, will also remain free. Consequently, approximately 96% of all P2M transactions will remain unaffected.
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At its core, the MoU seeks to enhance the professional capabilities of both institutions by bringing together their distinct strengths and expertise. IOD, known for its work in strengthening boardroom practice and corporate governance, and NISM, a leading institution in securities market education and capacity building, will draw on their complementary mandates to create value for the boardroom community.
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The MoU formalises and builds on a partnership that has grown steadily over the past five years. During this period, IOD has conducted over 10 batches of its popular Masterclass for Directors programme, designed especially for women leaders and entrepreneurs associated with FICCI FLO
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Addressing the gathering, Hon'ble Prime Minister Narendra Modi spoke of the UPSC's enduring role in upholding merit, transparency and the values of public service. In a particularly warm acknowledgement, he referred to a photograph from the Commission's 75th anniversary celebrations, displayed at the venue, in which Lt. Gen. Surinder Nath was featured.
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By- Institute of Directors | Authored by- Lt. Gen. Surinder Nath, PVSM AVSM (Retd.)
Oct 15, 2026
The October 2026 issue of Director Today, themed “What Truly Gets You the Board Seat: Equipping IDs for the Future Boardrooms,” addresses a question that every aspiring and serving Independent Director (ID) must answer squarely, “What does it take to earn a seat in an Indian boardroom, and what does it take to keep it?”
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