Search results for 'Board Approves'

ICC approves concussion substitutes in cricket

ICC approves concussion substitutes in cricket

Rediff.com19 Jul 2019

The incoming player, who will be allowed to bat and bowl, must be deemed a "like for like" replacement approved by the match referee.

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new chief

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new chief

Rediff.com6 Apr 2024

Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.

AIIMS to examine NewsClick founder's health after SC direction

AIIMS to examine NewsClick founder's health after SC direction

Rediff.com27 Feb 2024

A bench of Justices B R Gavai and Sandeep Mehta asked the AIIMS director to constitute the board and submit a report to it in two weeks.

ICC approves biomechanics lab in Lahore

ICC approves biomechanics lab in Lahore

Rediff.com25 Jul 2019

The lab is run at the Lahore University of Management Sciences and becomes the fifth biomechanics lab to be approved by ICC.

Growth Question Looms Large Over Chandigarh

Growth Question Looms Large Over Chandigarh

Rediff.com28 May 2024

As Chandigarh braces for a fierce contest between Congress candidate Manish Tewari and the BJP's Sanjay Tandon, its industry leaders harbour a fervent wish: Replicate the success of the National Capital Region model in this Union Territory.

Arthur, Bradburn and Puttick resign from PCB

Arthur, Bradburn and Puttick resign from PCB

Rediff.com19 Jan 2024

Meanwhile, the sports ministry has asked the PCB not to offer a long-term contract to its incumbent director of cricket Mohammad Hafeez yet, who came into the role after the 50-overs World Cup last year.

What Are Quant Funds?

What Are Quant Funds?

Rediff.com16 Jul 2024

Quant funds are a unique offering in the MF space as the investment decisions are driven by a blend of active and passive strategies.

'NPA recoveries has helped to reduce credit cost'

'NPA recoveries has helped to reduce credit cost'

Rediff.com11 Feb 2024

'For the first time ever it has come below 1 per cent, at 0.97 per cent.'

Centre may not approve SilverLine project because of protests: Pinarayi

Centre may not approve SilverLine project because of protests: Pinarayi

Rediff.com14 Jun 2022

The SilverLine project, which is expected to considerably reduce travel time from Kasaragod to Thiruvananthapuram, cannot be implemented without approval from the Centre which appears to be giving it a second thought in view of the United Democratic Front and Bharatiya Janata Party's opposition to it, Kerala Chief Minister Pinarayi Vijayan said on Tuesday.

Aircel-Maxis case: Chidambaram, son Karti summoned on Dec 20

Aircel-Maxis case: Chidambaram, son Karti summoned on Dec 20

Rediff.com27 Nov 2021

A Delhi court on Saturday took cognisance of the chargesheets filed by the Central Bureau of Investigation and the Enforcement Directorate against former Union minister P Chidambaram and his son Karti in the Aircel-Maxis case and summoned them on December 20.

Union cabinet gives go ahead to 'one nation, one poll'

Union cabinet gives go ahead to 'one nation, one poll'

Rediff.com18 Sep 2024

The Union Cabinet on Wednesday approved the proposal for 'one nation, one Election' as recommended by the Kovind panel, Union minister Ashwini Vaishnaw said on Wednesday.

Former AAP official Vijay Nair gets bail in excise policy case

Former AAP official Vijay Nair gets bail in excise policy case

Rediff.com2 Sep 2024

In a relief to former Aam Aadmi Party communication in-charge Vijay Nair, the Supreme Court on Monday granted him bail after nearly 23 months of incarceration in a money laundering case stemming from the alleged Delhi excise policy scam, observing that liberty is 'sacrosanct' and needs to be respected in cases involving even stringent laws.

Board gives 'in-principle' nod for SBI to invest in Yes Bank

Board gives 'in-principle' nod for SBI to invest in Yes Bank

Rediff.com6 Mar 2020

The SBI board has given the largest lender an "in-principle" approval to invest in the capital-starved Yes Bank. The central board of SBI discussed the matter at a meeting on Thursday, it informed the exchanges.

Champions Trophy surprise: WI, Ireland to miss out

Champions Trophy surprise: WI, Ireland to miss out

Rediff.com29 Oct 2023

Top seven teams at ODI World Cup 2023 will qualify for 2025 ICC Champions Trophy, as per ICC's new rules

How To Curb Speculation In F&Os

How To Curb Speculation In F&Os

Rediff.com13 Jul 2024

'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.

'Have you taken any action on tanker mafia?': SC raps Delhi govt over water crisis

'Have you taken any action on tanker mafia?': SC raps Delhi govt over water crisis

Rediff.com12 Jun 2024

'People are suffering, we are seeing visuals on every news channel. What measures have you taken to control water wastage if water scarcity is a recurring problem in summers'

Sebi signals change with tougher futures and options stock rules

Sebi signals change with tougher futures and options stock rules

Rediff.com17 Jun 2024

The Securities and Exchange Board of India (Sebi) has proposed stricter eligibility criteria for adding and retaining stocks in the futures and options (F&O) segment, which accounts for the bulk of the trading volumes. The proposal-which comes six years after the securities regulator last revised the stock selection framework---is much awaited by the market players as the derivatives stock list has largely remained stagnant for the last two years.

BCCI has got government approval for IPL in UAE: Patel

BCCI has got government approval for IPL in UAE: Patel

Rediff.com10 Aug 2020

The Board of Control for Cricket in India has received the central government's formal approval to conduct this year's Indian Premier League in the UAE, IPL chairman Brijesh Patel said on Monday. The IPL will be held in the UAE from September 19 to November 10 in three cities -- Sharjah, Abu Dhabi and Dubai.

Covid curbs: Not allowed to board, Delhiites vandalise buses

Covid curbs: Not allowed to board, Delhiites vandalise buses

Rediff.com30 Dec 2021

Police used mild force to disperse the crowd and five people have been detained, officials said.

Swiggy gets one step closer to $1.25 bn IPO

Swiggy gets one step closer to $1.25 bn IPO

Rediff.com26 Apr 2024

Food delivery major Swiggy has received approval from its shareholders for a $1.25 billion initial public offering (IPO), according to filings made with the Registrar of Companies sourced by Tofler. The Bengaluru-based firm plans to raise as much as Rs 3,750 crore (around $450 million) via a fresh issue and up to Rs 6,664 crore (around $800 million) through an offer-for-sale (OFS) component, the filings stated.

Infosys' Q3 net profit down 7.3% to Rs 6,106 crore

Infosys' Q3 net profit down 7.3% to Rs 6,106 crore

Rediff.com11 Jan 2024

IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106 crore in the third quarter of the current financial year. The company had posted a net profit (attributable to shareholders) of Rs 6,586 crore during the same period a year ago, Infosys said in a regulatory filing. Consolidated revenue from operations of the company increased marginally by 1.3 per cent to Rs 38,821 crore during the quarter under review from Rs 38,318 crore in the year-ago period.

Wipro's share buyback decision on Oct 13 board meeting

Wipro's share buyback decision on Oct 13 board meeting

Rediff.com9 Oct 2020

The company, which in the previous quarter announced former Capgemini top executive Thierry Delaporte as its new chief executive officer and managing director, is looking at improving its performance in coming quarters.

Sebi rejects NSE's proposal to extend trading hours

Sebi rejects NSE's proposal to extend trading hours

Rediff.com7 May 2024

Capital markets regulator Sebi has rejected a proposal by the National Stock Exchange (NSE) to extend the trading hours in the equity derivatives segment citing a lack of feedback from the stock brokers community. "Currently, there is no plan to extend the timings as Sebi has returned our application as the stock brokers have not given the feedback that Sebi wanted. "So, as of now, the extended time frame (plan) is shelved," NSE MD and CEO Ashishkumar Chauhan said in a post-earnings analysts call.

Sebi tightens IPO rules; mandates stricter norms for issuer

Sebi tightens IPO rules; mandates stricter norms for issuer

Rediff.com30 Sep 2022

Tightening Initial Public Offering (IPO) norms, capital markets regulator Sebi on Friday cleared the proposal mandating the issuers to disclose the offer price based on past transactions and fund raising activities. In addition, the board of Sebi approved a proposal introducing an alternative mechanism by permitting "pre-filing" of offer documents for companies contemplating IPOs. Under this, an issuer should make "pre-filing" of offer documents with Sebi and stock exchanges without making it available to the public for an initial scrutiny period only.

SpiceJet interested in buying bankrupt Go First

SpiceJet interested in buying bankrupt Go First

Rediff.com19 Dec 2023

SpiceJet on Tuesday said it has expressed interest to acquire Go First and plans to submit its offer after carrying out due diligence of the bankrupt carrier. Go First, which stopped flying since May 3 amid financial woes mainly triggered by Pratt & Whitney engine issues, is undergoing an insolvency resolution process.

IL&FS board faces challenges as resolution takes a Covid-19 knock

IL&FS board faces challenges as resolution takes a Covid-19 knock

Rediff.com14 Sep 2020

With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.

Performance is my only currency: Virat Kohli

Performance is my only currency: Virat Kohli

Rediff.com18 May 2024

Virat Kohli says he doesn't need either approval or assurance from anyone on his capability.

AirAsia gets formal FIPB approval

AirAsia gets formal FIPB approval

Rediff.com5 Apr 2013

AirAsia, the largest low-cost airline in Asia, announced the JV with Tatas late February. Last month FIPB had approved the proposal.

BCCI approves graded payments

BCCI approves graded payments

Rediff.com27 Sep 2003

Board president Jagmohan Dalmiya said an agreement with the players has been reached on major terms and conditions, but some fine-tuning is required.

FIH names Sreejesh as co-chair of Athletes Committee

FIH names Sreejesh as co-chair of Athletes Committee

Rediff.com28 Mar 2024

The FIH Athletes Committee serves as a consultative body and makes recommendations to the FIH Executive Board, FIH Committees, Advisory Panels and other bodies.

Would love to play Test against Pakistan, says Rohit

Would love to play Test against Pakistan, says Rohit

Rediff.com18 Apr 2024

India captain Rohit Sharma says he wouldn't mind playing Tests against Pakistan at a neutral venue as it would be a "great contest" against the "superb bowling line-up" of the arch-rivals.

Sebi Has Strong Case Against Hindenburg

Sebi Has Strong Case Against Hindenburg

Rediff.com4 Jul 2024

If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts.

Crypto Investments: Brace For Volatility, Regulation Threat

Crypto Investments: Brace For Volatility, Regulation Threat

Rediff.com24 Jan 2024

Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.

Paytm can continue UPI transactions through 4 banks

Paytm can continue UPI transactions through 4 banks

Rediff.com14 Mar 2024

The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.

Govt defends Great Nicobar project amid criticism, cites national interest

Govt defends Great Nicobar project amid criticism, cites national interest

Rediff.com26 Aug 2024

The central government's Great Nicobar development project, proposed around an unprecedented transhipment port, will be executed to keep environmental impact minimal, and is essential as it is of national importance, the government has said amid calls to abort the controversial project due to ecological concerns, the Centre said in an official statement.

Byju's may move NCLAT against insolvency order

Byju's may move NCLAT against insolvency order

Rediff.com18 Jul 2024

Edtech company Byju's parent Think & Learn will challenge the National Company Law Tribunal's (NCLT's) order on insolvency proceedings and may approach the National Company Law Appellate Tribunal (NCLAT) in the next few days, a source claimed. With the NCLT appointing Pankaj Srivastava as the interim resolution professional (IRP), time is running out for Byju's as the committee of creditors (CoC) begins to be formed.

Adani hikes stake in flagship firm

Adani hikes stake in flagship firm

Rediff.com21 Aug 2023

Billionaire Gautam Adani-led promoter group has increased its stake in the group's flagship firm as the ports-to-energy conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research. Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing. Promoter group firm Kempas Trade and Investment Ltd, which had a minimal stake in the firm, acquired 2.22 per cent in the open market between August 7 and August 18, it said.

UltraTech Cement to acquire 23% in India Cements

UltraTech Cement to acquire 23% in India Cements

Rediff.com27 Jun 2024

The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore. As part of the transaction, UltraTech Cement will acquire 7.06 crores equity shares of India Cements at a price of up to Rs 267 per share, according to a regulatory filing from the Aditya Birla Group flagship firm.

Markets Calm, MF Launches Accelerate

Markets Calm, MF Launches Accelerate

Rediff.com15 Jun 2024

'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'

'Pakistan stars prioritise T20 leagues over country'

'Pakistan stars prioritise T20 leagues over country'

Rediff.com26 Jan 2024

Pakistan's on-field performances not affected by frequent changes in PCB, says acting chairman