Pai sought to look at the issue of founders raising questions as shareholder activism.
Reports had suggested that the construction major had asked Ravanan to step down as the new owners were preparing the grounds for a top management overhaul at the Bengaluru-based company.
A lot of my decisions are based on idealism, says N R Narayana Murthy
The price movement and trading volumes for few days prior to Mistry's ouster will also be looked into
Senior BCCI members feel that the "decision to buckle under government pressure" may lead to the Board losing its autonomy despite being financially independent.
The move comes close on the heels of a written complaint by president of Brahman Ekta Seva Santha.
He was grounded by the airline on Sunday after he tested positive for alcohol in two breath analyser (BA) tests before he was to operate Air India's New Delhi-London flight.
Pillai had over 20 years' experience in the consumer goods and retail sector, the last 15 with RPG Retail, the Future Group and Reliance Retail, where he was board member and chief executive.
The former board member of Aeromatrix, which was allegedly used to route bribe amount, denied the payments were part of kick backs to clinch the deal.
Ganguly also said that he would like to speak to Dhoni and know what he wants.
The rival promoter group and the entire block of public institutions voted against Basant Jhawar.
Karan Johar's much-awaited film will hit the screens on October 28!
The new BCCI regime could soon be engaged in a bitter turf battle with the ICC since the world governing body's proposed Futures Tours Programme (FTP) could significantly hit Indian Cricket Board's revenue stream.
Comment by SoftBank board member sets off talk of Ola-Uber merger.
Jet's operating fleet reduced from 103 planes in October 2018 to 35 now, leading to massive cancellations and a surge in airfares
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
Does India's most valued company give hope to its investors that they, too, might drive a Jaguar some day?
What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
A high-level panel led by former RBI governor Bimal Jalan, set up to decide the appropriate capital reserves that the central bank should maintain, on Wednesday finalised its report.
''He was extremely gentle, humble, soft-spoken, down to earth, giving respect to senior musicians as well as to budding ones.'
The meeting is seen as part of efforts by the RSS and the BJP to reach out to the Muslim community and send out a message of peace and harmony.
Ramkrishna's exit comes at a time when NSE has been in focus over a new regulatory framework for high frequency trades and co-location facilities, which some believe give undue advantage to some brokers and traders
Southgate hopes Black Lives Matter protests could signal change in society
India's second largest software services firm, Infosys on Thursday saw the exit of its global head of strategic sales, marketing and alliances Prasad Thrikutam.
'Those who come from outside are surprised at the relatively small strength of the RBI supervisory cadre, relative to the needs of the country and the needs of the financial sector.'
The airline is sitting on a debt pile of over Rs 8,200 crore and has defaulted thrice since January, including on some forex debt.
The company's market valuation stood at Rs 10,972 crore in morning trade.
Reaches out to Kris Gopalakrishnan to mentor the company's science and technology initiatives.
Grandchildren and books will take up most of NR Narayana Murthy's time after he retires for the second time from the company he co-founded with six friends over three decades ago.
As her parting shot, Vasundhara Raje, who quit as leader of the opposition in Rajasthan, on Friday shot off a controversial letter to all Bharatiya Janata Party Parliamentary Board members accusing the party central leadership of mishandling her resignation issue.
United are 16th in the standings with a game in hand heading into the international break.
Experts believe the merits of Infosys' insiders lie in their youth.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
801 cases have been registered in connection with violent protests which were witnessed during the dawn-to-dusk hartal called by pro-Hindu outfits on Thursday, police said, adding that 717 people are now in preventive custody.
The Tata Sons controversy has raised governance concerns. Arun Duggal and Mohandas Pai on the role of independent directors in such conflict situations.
Many boards insist on "proven", "experienced" directors when it comes to appointing women.
'To be an immigrant, a South Asian immigrant of colour, a woman to be included in the Portrait Gallery... it really says that we are the country where people look for the people who make a positive impact and celebrate them,' Nooyi, 64, told reporters during the portrait gallery induction ceremony on Sunday.
Strongly condemning the killing of writer MM Kalburgi, Sahitya Akademi today passed a unanimous resolution appealing to state and central governments to take steps to prevent such incidents and asked authors to take back the awards they had returned to protest against "rising intolerance".
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