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Risk management must be driven by understanding of what is good for corporate: Ex-chairman Sebi

The Securities and Exchange Board of India (Sebi) mandates that the top 1000 companies listed must have risk management procedures. However, while releasing the Model Code, Damodaran said risk management could be a voluntary exercise for others. "I am not a great believer in something being drafted into law", he said, adding, "if they don't see the value, it might end up as one more tick box," but whether it will add to corporate well-being is suspect. "Don't mandate because mandating comes with a cost".

Senior Twitter executive gets court relief to prevent Musk from firing her

The court order was secured by Sinead McSweeney, who is Twitter's global vice president for public policy, reports The Irish Times. "She claims that by not responding to a generic and vague email sent to all Twitter employees by its owner, multibillionaire Musk, earlier this month, she has been treated as if she is no longer employed by the company," the report said.