Adani Power will seek shareholders' approval for stock split in the ratio of 1:5 through postal ballot notice issued on August 1, 2025. According to the notice, the equity shares of the company of Rs 10 each will be sub-divided into five fully paid-up ordinary (equity) shares of the face value of Rs 2 each each, fully paid-up, ranking pari passu with each other in all respects, as per the document.
The shareholders of Zomato have approved a special resolution to rename the firm 'Eternal', the company informed in a stock exchange filing. The brand name of the company's food delivery business Zomato will remain the same, along with the app. Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure.
The Indian government has announced new rules for non-governmental organizations (NGOs) receiving foreign contributions under the Foreign Contribution (Regulation) Act (FCRA). These rules include requiring NGOs to obtain a "Not a Newspaper" certificate from the Registrar of Newspapers for India if they engage in publication-related activities, as well as submitting financial statements and audit reports for the past three years. Additionally, NGOs must submit a commitment letter from the donor, a project report detailing proposed expenses, and a declaration that administrative expenses will not exceed 20% of the foreign contribution.
IDFC First Bank on Monday said its shareholders have rejected the proposal to allow global private equity firm Warburg Pincus' arm to nominate a non-executive director on the bank board.
'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.'
The activities of the Board of Control for Cricket in India (BCCI) are commercial in nature and can be termed as a 'shop' for the purposes of attracting the provisions of the Employees State Insurance Act, the Supreme Court has said.
Lenders are likely to convert part of the airline's debt into 11.4 crore shares at a consideration of Re 1 apiece as per RBI norms.
The Income Tax Appellate Tribunal has accepted BCCI's submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective, reports Indivjal Dhasmana.
The fate of Indian Premier League teams -- Chennai Super Kings and Rajasthan Royals -- will be known on Tuesday when the Supreme Court-appointed high-level Committee headed by former Chief Justice of India R M Lodha will pronounce the quantum of punishment against their franchisees and their team officials Gurunath Meiyappan and Raj Kundra for betting during the sixth edition of the T20 tournament in 2013.
In an apparent softening of his stand, Union Human Resource Development Minister Arjun Singh on Wednesday said the prestigious Indian Institutes of Management
The Supreme Court appointed Justice Rajendra Mal Lodha-panel on Tuesday categorically instructed the Board of Control for Cricket in India to implement a 15-step reform by October 15 ranging from constitutional reforms to principles of awarding various contracts, including the lucrative television rights.
Khoday India Ltd plans to increase authorised capital and alter main objects of the companys memorandum of association.
Real estate firm Parsvnath Developers' quest for a mobile licence seems to have hit a roadblock at the Department of Telecom (DoT). Parsvnath, which is one of the seven realty firms in the fray for mobile licences, hasn't mentioned the business of "telecommunications" in its memorandum of association (MoA).
The decision to seek the amendment was taken after the Union human resources development ministry recently disallowed the business school from going ahead with its overseas expansion plan.
The Indian Institute of Management - Bangalore's Memorandum of Association - which has been undergoing modifications to allow the institute to set up a campus in Singapore
The airline has proposed to raise authorised share capital to Rs 2,200 crore. This would comprise Rs 680 crore of equity capital and Rs 1,520 crore of preference share capital.
The board of directors of Mahindra & Mahindra on Tuesday approved the transfer of the transport solutions group and light commercial vehicles businesses to a separate company.
The Board of Governors of the Indian Institute of Management, Bangalore, on Friday gave its approval to start the process of amendment of its Memorandum of Association to facilitate expansion of its activities outside India.
Human Resource Development Minister Arjun Singh has convened the meeting of directors of all IIMs to discuss issues relating to, among other things, autonomy and measures to further strengthen the institutions.
West Bengal Industrial Development Corporation and Indian Institute of Technology-Kharagpur on Thursday signed a memorandum of association to develop the state's first biotechnology park at Kharagpur.
The government has not given permission to open a branch of Indian Institute of Technology at Singapore, the Lok Sabha was informed on Tuesday.
The Industrial Development Bank of India is all set to foray into insurance business as a corporate agent.
'The US President is joining the Prime Minister in addressing a huge Indian diaspora event in Houston and they will also meet on the margins of the UNGA in New York'
The Ministry of Corporate Affairs had taken various steps to protect small investors.
This is reportedly the first time that the names recommended by a search committee have been shot down by the HRD ministry
"This is the third year in a row that India makes to top 10 in Doing Business, which is a success which very few countries have done over the 20 years of the project, Without exception, the other countries that have done this are very small, population-wise, and homogeneous," Simeon Djankov, Director of Development Economics at the World bank told PTI in an interview.
With the signing of the pact, the Quad grouping of India, Japan, Australia and the US is set to gain more heft now, notes Dr Rajaram Panda.
The Supreme Court on Tuesday allowed the Board of Control for Cricket in India (BCCI) to disburse Rs.56 lakhs for the opening Test of the five-match series against England, starting from Wednesday in Rajkot. Earlier on Tuesday, the BCCI had moved to the apex court to seek the disbursal of funds to Saurashtra Cricket Association for conducting the Rajkot Test, which will also see the application of Decision Review System (DRS) by the country for the first time.
The Working Committee of the Board of Control for Cricket in India will meet in New Delhi on Monday to discuss the 'First Compliance Report' on the implementation of the various recommendations made by the Supreme Court-appointed Lodha Committee.
A Special General Meeting of the Board of Control for Cricket in India will be held in New Delhi on Wednesday amid indication that a majority of its state association are in favour of partial adoption of Lodha Committee reforms in a bid to end the impasse.
BCCI president Anurag Thakur and secretary Ajay Shirke, on Saturday, filed their respective affidavits to the Justice RM Lodha Committee as per the directive of the Supreme Court issued on October 21.
The under-fire Board of Control for Cricket in India on Friday adjourned its crucial Special General Meeting, called to consider the sweeping reforms suggested by the Supreme Court-appointed Lodha Committee, on technical grounds.
Leaders from the seven-nation Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation on Tuesday vowed to jointly combat the growing threat of terrorism, transnational crimes and drug trafficking and agreed to intensify efforts to enhance connectivity and cooperation in areas like trade, energy and environment.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
Indian cricket's one-time power centre Mumbai has lost its permanent voting status as per the new constitution of the Indian Cricket Board finalised by the Committee of Administrators (COA) appointed by the Supreme Court of India.
Far from public glare, company is investing in tech firms and providing consultancy.
The Supreme Court is likely to pass direction, on Monday, over Justice Lodha committee plea alleging that the Board of Control for Cricket in India (BCCI) is violating the apex court order and committee directions regarding the BCCI reforms.
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