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.
Consumers are unlikely to disconnect their mobile connections and will most likely absorb the up to 22 per cent tariff hike imposed last week by Jio, Airtel, and Vodafone Idea (Vi), according to analysts. The last major tariff hike in 2021 was followed by a 4-5 per cent SIM consolidation, with people leaving mobile operators with more expensive plans for their peers offering comparatively affordable options.
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
The quaint little village of Perumapalayam near Erode is excited about Indian American, Dr Celine Gounder making it to the United States President-elect Joe Biden's COVID-19 advisory board since she has her roots in it and for her continuing support to its residents.
'I have always taken pride while donning the Indian jersey during my playing days and it is going to be no different when I take up this new role.'
"If you have played cricket then you have grown up watching these legends. It's a wonderful thing to have happened and they will help us in many ways," Kohli said.
The applicant should have played either 7 Tests or 30 first-class matches. A candidate with experience of 10 ODIs or 20 first-class matches will also be considered.
Dr Dipankar Dutta will answer your questions related to preparing for a career in engineering or technology.
In a statement, Delhi Health Minister Satyendar Jain said the air pollution had reached the severe level and asked people to follow the dos and don'ts as mentioned in the advisory.
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.
The corporate affairs ministry has asked its field officers to expedite the inspection of the books of Byju's and submit the report, a senior official said on Monday as trouble continues to brew at the edtech firm. The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office. In July 2023, the ministry had asked the office of the regional director in Hyderabad to conduct an inspection of the company Think & Learn Pvt Ltd, which is registered in Bengaluru.
'Goodbye dearest Anil. An elegant mind, a stylish writer, and a loyal friend. You will be missed by all those whose lives you touched. RIP.'
Independent directors of Raymond Ltd on Friday said they are monitoring the situation arising out of the matrimonial dispute of company's Chairman and Managing Director Gautam Singhania to ensure it does not affect his capacity to manage the affairs and business of the firm. In a joint communication shared on BSE by the company, the independent directors also said they have decided to retain Berjis Desai, a senior independent legal counsel, who has no links with promoters or the company, for advising them.
The FIH Athletes Committee serves as a consultative body and makes recommendations to the FIH Executive Board, FIH Committees, Advisory Panels and other bodies.
'If we want real democracy, the economy itself will need to be democratised.'
The policy of a state government for grant of remission existent at the time of conviction will be applicable while deciding the petition of a convict sentenced to life imprisonment seeking premature release, the Supreme Court ruled on Tuesday.
The 39-year-old Imphal-based journalist was detained under the NSA on November 26 for allegedly uploading videos criticising the BJP-led governments in Manipur and at the Centre for observing Rani Jhansi's birth anniversary.
In a letter to CM Shinde and chief secretary Manukumar Srivastava on March 9, Gadkari also criticised Joshi, an IAS officer, for allegedly stalling admission to nearly 1,100 seats linked to courses offered by the College of Physicians and Surgeons-affiliated.
People mourned the deaths of 19 children and two teachers in Uvalde, Texas, while anti-gun protestors in Washington, DC demand gun safety legislation, following the mass shootings in Buffalo, New York, and Uvalde.
'If their allocation to certain segments have become high due to strong returns over the past three-four years, they should rebalance their portfolios and bring them in line with their long-term asset allocation.'
The Centre removed 18 of the 21 members and completely reconstituted the Chennai and Hyderabad advisory panels.
The government is contemplating changes to the Insolvency and Bankruptcy Code (IBC) to deal with environmental claims and liabilities of defaulting companies to make the law future-ready and meet climate action goals, sources told Business Standard. Currently, the IBC has various categories of claims and creditors, including those related to environmental liabilities.
Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut
After stepping down from the board with effect from September 30, he will remain as Chairman Emeritus of the FMCG firm, according to a statement issued on Wednesday. The 79-year-old industrialist passed on the baton of GCPL to his younger daughter Nisaba Godrej in 2017 after leading the company for 17 years.
Independent directors were supposed to safeguard the interest of all stakeholders.
Connect with professionals in your field through LinkedIn, industry events and workshops. Attend job fairs, conferences and meetups to expand your network. Apply for internships or short-term projects to gain practical experience, suggests rediffGURU Aasif Ahmed Khan.
'Due to the Israel-Hamas conflict, a faction operating in the Red Sea -- which is a typically safe area - has been firing projectiles arbitrarily.' 'Additionally, there have been two incidents involving Somali pirates, and one vessel has been hijacked.'
Vardhan's elevation to the chairmanship of the 34-member World Health Organisation (WHO) Executive Board comes amid growing calls, including by United States President Donald Trump, to investigate how coronavirus originated in China's Wuhan city and subsequent action by Beijing.
The roads will reduce the distance to the border considerably and make easier the movement of Indo-Tibetan Border Police personnel, who at present have walk up to 25 kms to reach there, officials said.
The Economic Advisory Council to the Prime Minister (EAC-PM) has distanced itself from its member Bibek Debroy's article suggesting embracing a new constitution, and said the article in no way reflects the views of EAC-PM or Government of India.
Rating agency Crisil Ltd has acquired EconoMatters Ltd, a London-based energy and gas advisory firm, and its subsidiary companies for over Rs 15 crore.
The firm has advised United Spirits Ltd's shareholders to vote against the proposal to re-appoint Mallya as director on the board.
The Eternal Gandhi Museum is the only Gandhi-related museum in the United States, dedicated to Gandhi, to preserve and promote his ever-lasting legacy of nonviolent conflict resolution.
Prime Minister Narendra Modi has lauded the people for contributing wholeheartedly to the PM CARES Fund as he chaired its meeting which was also attended by newly-nominated trustees Justice K T Thomas, former deputy Lok Sabha speaker Kariya Munda and Ratan Tata, the PMO said on Wednesday.
The Delhi airport, the country's busiest airport, on Friday early morning witnessed the collapse of a roof at Terminal 1 amid heavy rains that killed one person, prompting the government to order a detailed probe and an inspection of the structural strength of all airports.
PE firm goes in for image makeover, appoints advisory group.
More and more the buck will stop at the board. Look no further than Infosys, says Amit Tendon.
Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.
Defending champions Chennai Super Kings will take on Royal Challengers Bangalore in the 2024 IPL season-opener in Chennai on March 22, the BCCI announced on Thursday while unveiling the schedule for only the first 17 days of the popular T20 league.
