Sthalekar was a member of four Australian World Cup-winning teams across the ODI and T20 formats and captained Australia in three ODIs against New Zealand in 2006.
Media major Zee Entertainment Enterprises Ltd (ZEEL) has cancelled its board meeting, scheduled to be held on Wednesday for considering the results for the July-September quarter, due to lack of quorum. In a regulatory filing on Tuesday, ZEEL said, "A meeting of the Board of Directors of the Company, which was scheduled to be held on Wednesday, October 27, 2021, inter alia, to consider and approve the unaudited financial results of the Company both on a standalone and consolidated basis for the 2nd quarter and half year ended September 30, 2021, has been cancelled due to lack of quorum." The development comes at a time when the company is battling it out the single-largest shareholders Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC that together hold 17.88 per cent and have been pressing for an extraordinary general meeting of shareholders for removing managing director Punit Goenka, besides opposing ZEEL's proposed merger deal with Pictures Network India (SPNI).
'We will take tough calls where needed in the interest of doing what is right.'
Host cities were allowed to propose additional sports as part of he IOC's "Agenda 2020" reforms with an aim to help host countries' most played sports gain exposure via the Olympics.
It is the biggest issue we have ever faced in the securities market, where a sensitive and systemically important institution and first-line regulator was not only exploited by unscrupulous elements but functioned like a private fief, points out Debashis Basu.
'Messi's departure is a move that helps Florentino. Imagine that (Kylian) Mbappe now signs for Real Madrid.'
In yet another move to close the regulatory gap between banks and shadow banks, the Reserve Bank of India (RBI) has mandated exposure limits to the non-banking finance companies, in line with commercial banks. In the large exposure framework released on Tuesday, the regulator capped aggregrate exposure of NBFCs which are in the upper layer toward one entity at 20 per cent of capital base. The limit can only be extended by another 5% with board's approval. For a particular borrower group, the cap is at 25 per cent, with additional 10 per cent if exposure is towards infrastructure.
The International Cricket Council is expected to finalise the nomination process to elect outgoing chairman Shashank Manohar's replacement next week as it was still trying to reach a consensus on some key issues. The ICC Board met via video-conference on Thursday with key point in the agenda was whether to adopt a process that selects or elects the new Chairman.
Former India captain Kapil Dev has asked whether Hardik Pandya can be called an all-rounder given that he is not bowling as much as the role demands.
"Yeh sab doglapan hai." With these words, Ashneer Grover not only called out an entrepreneur being hypocritical, but also shot to fame as a reality television star. It happened in the first few days of January, when the funded part of the start-up world needed some warm-up to get back to work, and inevitably Grover's antics on the show became a talking point. The Twitterati also debated whether it was unbecoming of a founder to diss a peer's business model with such abrasion. And hundreds of memes, with the dialogue set in various circumstances, flooded social media.
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
Afghanistan's participation in next month's T20 World Cup is becoming a matter of intrigue after Taliban's takeover of the strife-torn country.
The Reserve Bank of India (RBI) announced new rules for credit cards, applicable from July 1. "These directions cover the general and conduct regulations relating to credit, debit and co-branded cards which shall be read along with prudential, payment and technology & cyber security related directions applicable to credit, debit and co-branded cards, as issued by the Reserve Bank," the circular by RBI said. Business Standard culled out key rules from the list, and asked financial experts for advice on them, along with the thumb rules one needs to follow while using credit cards.
Tokyo 2020 organising committee is not considering postponing or cancelling the 2020 Games despite the spread of coronavirus.
Punjab Chief Minister Charanjit Singh Channi, along with his ministers, will be part of the first 'jatha' (group), which will visit the Kartarpur Sahib on Thursday, officials said.
Major cricket event will return to Pakistan after more than two decades with the country set to host the 2025 Champions Trophy, an ICC flagship tournament.
BharatPe co-founder Shashvat Nakrani has accused Ashneer Grover, with whom he had co-founded the payment startup, of creating a false narrative about the company, and said the board acted quickly and decisively in unseating him after receiving finds of a PwC report. BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions, including clawing back of some of his shareholding. In a letter to employees, Nakrani said the Grover episode was an aberration and not the norm at BharatPe, and went on to defend the board who he said were celebrated names in the banking and financial services industry.
It is expected that BCCI president Sourav Ganguly and secretary Jay Shah along with CA's Earl Eddings and Nick Hockley will reach a consensus on the hosting of 2021 and 2022 editions.
Secretary XI beats President XI in friendly on eve of AGM meeting.
'I am still the girl who grew up in a close family in Madras, in the South of India, and I am deeply connected to the lessons and culture of my youth. I am also the woman who arrived in the US at age twenty-three to study and work and, somehow, rose to lead an iconic company, a journey that I believe is possible only in America. I belong in both worlds,' says the ex-Pepsico chief in her memoir
ECB chairman Colin Graves, who is supposed to step down from his country's board in November 2020, has emerged as the favourite for the ICC top job. It is learnt that Shashank Manohar has decided against seeking an extension for a third two-year-term.
The International Cricket Council will be hoping to end the impasse surrounding the future of this year's T20 World Cup in Australia and sort the nomination process for its next chairman when the board members meet virtually on Wednesday.
On February 19, India's largest private low-fare airline IndiGo announced the resignation of one of the two founders, Rakesh Gangwal, from the airline's board and his intentions of offloading his stake in the airline over the next five years. The announcement came on a Friday, giving the stock markets the weekend to absorb the news but the markets registered a tepid response on Monday's opening. In contrast, in July 2019, when the fight between the two founders and erstwhile friends first became public, the markets reacted savagely. The IndiGo scrip at the time fell 19 per cent, wiping out millions of rupees of shareholder wealth before bouncing back. For readers who may be hazy on the details of the dispute, here is the context.
Azeem Rafiq claimed 'institutional racism' at the club, which has not offered a response so far.
While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.
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.
Gulbadin Naib, who had captained the Afghanistan team at the 2019 ICC Cricket World Cup, posted a strongly worded tweet against the national cricket board and teammates.
Former pace ace Kapil Dev says there are enough fast bowlers to win India a match if the top guys are unavailable.
Nandan Nilekani said the co-founders have served the company "selflessly" and remain committed to the long-term success of Infosys.
Abramovich handed Chelsea director control of firm on day of Ukraine invasion - filings
The other board members will be Sunil Mehta, former non-executive chairman of Punjab National Bank, as the non executive chairman of Yes Bank, Mahesh Krishnamurthy and Atul Bheda as non-executive directors.
A top Japanese virologist and government adviser has warned of the risks of spreading COVID-19 infections during the Tokyo Olympics.
"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.
The International Cricket Council on Thursday deferred a decision on all agenda items, including the fate of the T20 World Cup in Australia, till June 10. The World Cup is scheduled from October 18 to November 15 but there is intense speculation about the event being postponed due to the coronavirus pandemic and the window being used by the currently suspended IPL.
US-based Schall Law Firm has said it will file a class action lawsuit against Infosys Ltd to recover losses suffered by investors in the wake of allegations of "unethical practices" at the Indian IT major. In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.
The Japanese and Tokyo metropolitan governments, local organisers and the International Olympic Committee (IOC) have all sought to quash persistent speculation that the Games could be cancelled or postponed.
The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
A majority of the ICC board members believe that India is trying to bide time
Greg Barclay has been elected as the International Cricket Council's new independent chairman
'Let them put their house in order first.' 'Let the RBI first rectify themselves.'
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