With RIL entering a new growth phase in telecom and retail, gen-next, say RIL executives, could soon be seen holding the reins of the firm, assisting their father, Chairman Mukesh Ambani.
Australia's winter sports community has been forced back into mourning with the sudden death of 20-year-old Olympic figure skater Ekaterina Alexandrovskaya in Moscow.
This is Sourav Ganguly's second term in office after he became CAB president in 2015 following the death of Jagmohan Dalmiya.
The Board of Control for Cricket in India, on Tuesday, decided to hold its much-delayed Annual General Meeting on December 17 even as it stood firmly behind embattled president-in-exile N Srinivasan after he was cleared of IPL fixing charges by the Supreme Court-appointed probe committee.
Earlier, at the AGM of 2016, shareholders had approved his appointment for a period of three years with effect from February 5, 2017
The junior Ambanis - Anmol and Anshul - were inducted on the board to respect the wishes of the shareholders who during the recent AGM asked the management to get fresh blood into the company by bringing them on board.
Former India captain Anil Kumble and speedster Javagal Srinath on Sunday staged a walk-out from the Annual General Body meeting of the Karnataka State Cricket Association (KSCA) alleging misuse of funds by the current set-up.
The 76kg category had eight wrestlers while the 68kg class featured nine wrestlers, where minnows like Bangladesh, Mauritius, Cameroon, Tonga and New Zealand were part of the field.
It was more more entertaining that Comedy Nights with Kapil
The RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai bench of the National Company Law Tribunal. The Reserve Bank had on November 29 superseded the board of Anil Ambani-promoted Reliance Capital Ltd (RCL) in view of payment defaults and serious governance issues. The central bank had also appointed Nageswar Rao Y (former executive director, Bank of Maharashtra) as the administrator of the company.
The RBI said the board has been superseded "in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively". It has also appointed Nageswar Rao Y (ex-executive director, Bank of Maharashtra) as the administrator of the NBFC.
The current operating environment remains highly volatile and persistent inflation will likely impact demand across categories, Tata Consumer Products Ltd chairman N Chandrasekaran said on Monday. To navigate through these "short-term bumps" in this uncertain environment, the company will focus on strong execution, maintaining agility and nimbleness," he said while addressing shareholders at the annual general meeting (AGM). "Geo-Political tensions, supply chain challenges, and demand-supply mismatches in crude and several other commodities are driving persistent inflation, which will likely impact demand across categories.
As per ICC norm, the host nation is required to get tax exemption from the government for hosting tournaments organised by the global body. Since India's tax rules don't allow such exemptions, the BCCI has already lost close to Rs 193 crore as the government didn't exempt tax surcharge for hosting the 2016 ICC T20 World Cup. The ICC is expecting US$ 533.29 million (Rs 4400 crores approx) from the broadcasting revenue of the 2023 event in India.
Ganguly said the details will be worked out in the upcoming Annual General Meeting
The Indian Olympic Association on Monday said it will bid for either the 2026 or 2030 Commonwealth Games while also agreeing to withdraw its boycott call for the 2022 Birmingham edition over shooting's exclusion. The country hosted the 2010 edition in New Delhi.
Board of Control for Cricket in India secretary Anurag Thakur says former president Narayanswami Srinivasan will continue as ICC chairman till September after which the Board will chalk out a way forward at its Annual General Meeting.
Fearing legal repercussions, N Srinivasan refrained from staging a comeback as Board of Control for Cricket in India president but attended the Board's working committee meeting which decided to have its crucial Annual General Meeting on September 29 in Chennai.
The fate of India's upcoming tour of South Africa amid the trepidation triggered by new COVID-19 variant Omicron will be addressed when the Board of Control for Cricket in India holds its 90th Annual General Meeting in Kolkata on Saturday.
'We don't know when the BJP tried to induct Sourav Ganguly into the party. Sourav Ganguly is a cricketing legend. Some people are now shedding crocodile tears about the changes in BCCI. Did they have any role when he took over as BCCI president? The TMC should stop politicising every issue.'
At the 45th Annual General Meeting of Reliance Industries (RIL) in August, chairman and managing director (CMD) Mukesh Ambani described the company as an "unputdownable book" with never-ending chapters of success. "Reliance grew from strength to strength because we internalised the founder's mindset of purpose, philosophy and passion," he said. Wednesday marked the 90th birth anniversary of RIL founder Dhirubhai Ambani.
Ganguly addressed a press conference after the Board's 88th Annual General Meeting (AGM).
Sourav Ganguly is set to be replaced as BCCI president by 1983 World Cup winning-team member Roger Binny.
MotoGP, the pinnacle of two-wheel racing, could come to India in the winter of 2023 if all goes ahead as planned, providing a massive boost to the stagnant motorsport scene in the country.
The bickering within the Delhi and District Cricket Association over the Ferozeshah Kotla pitch fiasco took an ugly turn on Tuesday with board member Kirti Azad storming out of the body's annual general meeting, claiming he was insulted for raising the issue.
However, the cricket Board's ruling combine threatened to move court against the decision of the observers.
Shah in his letter spoke about how difficult it was to plan out the domestic calendar for the season in the post COVID world.
NTPC was the top gainer in the Sensex pack, rallying around 4 per cent, followed by Titan, SBI, HUL, IndusInd Bank and UltraTech Cement. NSE Nifty advanced 63.15 points to 15,746.50.
Connor's nomination was announced by her predecessor, Sri Lankan legend Kumar Sangakkara, at the Annual General Meeting last year but she had to wait for a year to take charge due to COVID-19.
The unfinished AGM will be held in Kolkata to enable newly-elected office-bearers take over.
Reliance's big-bang entry across the solar ecosystem will cut dependence on Chinese imports drastically. And Ambani's repeated emphasis that RIL's new energy foray will be 'a truly global business' points that his group is playing not just for a share of the Indian pie but to be the OEM in the larger 5,000 GW global market by 2030, points out Shailesh Dobhal.
HR Guru Mayank Rautela offers practical advice.
In the 38-page report, across 10 chapters, RIL explained how it entered the exploration and production business; the history of the New Exploration and Licensing Policy and the introduction of production-sharing contracts.
Pakistan women cricket team's head coach New Zealander Mark Coles has resigned on Thursday, months before the ICC World T20 in Australia.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Anil dared the oil ministry to cancel the production sharing contract with RIL if it was really aggrieved and not challenge third party agreements.
The latest Supreme Court directive is a shot in the arm for Tamil Nadu as Narayanswami Srinivasan, despite being disqualified as per Lodha norms, will remain relevant in the BCCI power game.
The Madhya Pradesh Cricket Association on Monday held its Annual General Meeting as per schedule but did not conduct its election as per instructions from the Supreme Court appointed Justice Rajendra-Mal Lodha panel.
