At an aggregate level, the late ace investor's portfolio that was valued at Rs 32,445 crore as on March 31, 2023 is now worth Rs 35,979 crore.
Universities and higher education institutions (HEIs) have been asked to ensure that the admission process for undergraduate courses begins only after the declaration of results by the Central Board of Secondary Education (CBSE), Indian Certificate of Secondary Education (ICSE) and all state boards.
A revealing excerpt from Mani Shankar Aiyar's fascinating new book, The Rajiv I Knew.
Talks gain ground of strategic stake sale to foreign investor.
The two leaders discussed the safe evacuation of Indian nationals from the conflict areas.
The country's largest bourse National Stock Exchange (NSE) has put the NSE Prime initiative in cold storage following lukewarm response from India Inc, said people aware of the development. Inspired by Brazil's Novo Mercado, NSE had announced a separate platform which any listed company could be part of by voluntarily adopting a stricter corporate governance code. Launched in December 2021, NSE Prime was to formally take off within a year after empanelling companies.
Until now, these platforms were either working through an investment advisory (IA) or stockbroking licence.
Foreign portfolio investors (FPIs) are likely to seek from the finance ministry a six-month extension of the date for complying with the amendments to the Prevention of Money-Laundering Act (PMLA), citing implementation challenges. Sources said FPIs, through their custodians, were planning to approach the ministry, highlighting key concerns and seeking more clarification. The ministry, through a notification on March 7, lowered the threshold for reporting ultimate beneficial ownership (UBO) for non-profit organisations and politically exposed persons to 10 per cent from 25 per cent.
Investors are pushing back more often against companies' resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm Institutional Investor Advisory Services India (IiAS). Two of these have been at multiplex chain PVR and direct-to-home company Dish TV India.
A mass fan following or a large number of views on a YouTube channel can't possibly constitute 'credentials'.
Thakur, who is expected to meet Board president, Jagmohan Dalmiya at his residence later in the afternoon, said that an announcement on support staff is on the cards.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
The board meeting is scheduled to be held on Tuesday to discuss the PwC report findings on Grover's conduct. There have been allegations of financial irregularities against him. According to sources, Grover in his resignation letter said that he is being forced to bid adieu to a company of which he is a founder. Grover alleged in the letter that he and his family have been embroiled in baseless and targeted attacks by a few individuals, who are ready to not only harm his reputation, but also the reputation of the company. Queries sent to Grover did not elicit any immediate reply.
Murthy, who currently is the top Indian-American advisor to President-elect Joe Biden on COVID-19, is a potential pick for the post of Secretary of Health and Human Services and Stanford University Professor Arun Majumdar for the post of Secretary of Energy, The Washington Post and Politico said in their reports on Tuesday that mentions a list of potential picks for various Cabinet-level positions in the Biden administration.
'India will want a lot of help from the US, but it's not going to want US troops.'
A helicopter carrying pilgrims from Guptkashi to Kedarnath crashed on Tuesday amid poor visibility and seven people on board are feared dead.
The guidelines come in the wake of back-to-back two urination incidents on Air India flights last year.
Released by the Trump campaign in form of a 35-page booklet, none of these allegations are new and have been known in the public domain for past several years.
Maybe, the need for secrecy may have tied the government's hand from sharing details in Parliament. Still, it should consider the need of sharing the utmost within any consultative committee, so that relative secrecy is still maintained. But such a course should involve the prime minister or home minister, as it is much more serious than is being made out to be, argues N Sathiya Moorthy.
In recent times, there have been various incidents of unruly passengers onboard domestic and international flights.
The change in labelling, which is seen as a part of government's effort to push generic drugs, will come into effect from September 13.
Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in equites to up to 20 per cent of the investible deposits from the current limit of 15 per cent. The proposal is expected to be considered and approved during the EPFO trustees' meeting scheduled to be held on July 29 and 30, according to a source. At present, EPFO can investment 5 to 15 per cent of the investible deposits in equity or equity-related schemes.
'This setback is only transient, and this too shall pass.'
Chinese government was expected to start sales from its cotton reserves on March 6.
The appointment will be effective from February 1 to 20.
Jnanpith awardee and renowned Kannada writer UR Ananthamurthy died at a hospital in Bangalore, where he was undergoing treatment for kidney failure. The 81-year-old was said to be in critical condition and was on multi-monitor support. He was hospitalised for infection and fever 10 days ago.
The Delhi high court had earlier allowed Indian pharma major Wockhardt to sell its Ace Proxyvon tablets, which is a mixture of three salts -- aceclofenac, paracetamol and rabeprazol -- a combination that is banned.
The country's largest airline IndiGo and Air India have asked passengers to reach Delhi airport at least 3.5 hours prior to domestic departures.
External affairs ministry spokesperson Arindam Bagchi said at a media briefing that 1,396 Indians were brought back home in six flights in the last few days as part of the evacuation mission.
Passengers coming from 'at-risk' countries to six major Indian airports have to compulsorily pre-book for the on-arrival RT-PCR test from December 20 onwards, the civil aviation ministry said on Tuesday.
The high-level panel, chaired by former Chief Justice of Karnataka and Kerala High Courts, K Sodhi, had focused on reviewing the Sebi (Prohibition of Insider Trading) Regulations, 1992.
Experts believe the move will have little impact given limited production of generic drugs and authority of doctors in prescribing medicines.
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A lot depends on how Srei shapes up under the new administrator and his team, which is critical for investors' interest.
The 22-year-old Afridi will join the national team in Australia on Saturday after completing his rehabilitation programme for a knee injury under the supervision of the PCB Medical Advisory Committee.
Mumbai Indians star all-rounders Krunal Pandya and Hardik Pandya have joined the team's camp in Abu Dhabi ahead of the resumption of the 14th edition of the Indian Premier League (IPL).
Indians being evacuated from Ukraine have been exempted from pre-boarding RT-PCR test, providing Covid vaccination certificates and uploading those on the Air Suvidha portal, the health ministry said.
Journalist, social science researcher, human rights activist and Rediff.com contributor, Praful Bidwai has passed away. He was 66.
Jnanpith awardee and renowned Kannada writer U R Ananthamurthy, hospitalised for infection and fever, is in a critical condition and undergoing treatment on multi-support system, a senior doctor said on Friday.
Most of the students, PTI spoke to soon after their arrival, said they had followed the advisory issued by the Indian embassy in the Ukrainian capital Kyiv.
