This year's IPL is scheduled to be performed from September 19 - November 10 within the UAE. The choice concerning the event was made within the IPL's Governing Council (GC) assembly on Sunday.
Finance Minister Arun Jaitley said it has been decided to fix the minimum wages at Rs 350 per day for unskilled non-agricultural workers for 'C' category areas keeping in view the modalities of fixing minimum wages.
Insider trading -- dealing in securities with prior access to unpublished price-sensitive information -- has been attracting regulatory attention worldwide.
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
The BJP member also sought to put the LVB-DBS merger on hold in order to facilitate a forensic audit of the takeover of the assets of both banks.
In India, 29 positive cases have been reported so far, including 16 Italian tourists. New Zealand Cricket said that the cricket board is in constant touch with the country's health, foreign affairs and sports ministry to get regular updates which will ensure health safety for its players.
Franklin Templeton Asset Management (India) on Monday said the Securities Appellate Tribunal (SAT) has stayed Sebi's order, whereby the regulator had barred the asset management firm from launching any new debt scheme for two years. In addition, the regulator had asked Franklin Templeton to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to its six debt schemes which are now shut. "With reference to the order issued by Whole Time Member(WTM) of Sebi on June 7, 2021, Franklin Templeton Asset Management (India) Pvt Ltd filed an appeal and an application for stay before the Hon'ble SAT. "After hearing the parties, the Hon'ble SAT has stayed the operation of the order passed by the WTM," a Franklin Templeton spokesperson said in a statement. The matter has been listed on August 30, 2021 for further directions, he added.
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
All you need to know about the case and the man behind the drama that has ensued.
The three new selectors will be part of the panel led by Sunil Joshi.
Harvard, age and experience have changed Ekta Kapoor in ways that will stand her in good stead as she attempts the biggest transformation Balaji Telefilms has seen.
Ganguly took charge as BCCI president on October 23 and duly resigned from his CAB position, clearing him of any conflict.
No woman has competed in Formula One since 1976 but organisers of the 'W Series' hope to provide a platform for them to develop skills before taking on the men further up the motorsport ladder. The idea of an all-female series is not new but has been controversial in the past, with top women racers adamant they want to compete against the men rather than be separated.
It is learnt that the complainant Sanjeev Gupta of Madhya Pradesh Cricket Association (MPCA) and BCCI CEO Rahul Johri have also been summoned for deposition by Justice Jain.
'Poor home work, and a subsequent loss of nerve.' 'This sums up the Modi government's current travails, the stall in key sectors, fading momentum, irritability,' points out Shekhar Gupta.
On Oscar and Grammy-winning composer A R Rahman's 50th birthday we take you inside his dream music school -- the K M Music Conservatory.
The travel ban will come into effect from 11.59 pm on Saturday, April 24, and is subject to review after 10 days.
Sebi decided to incorporate a provision in this regard in its new Corporate Governance Code
The first flight to land at the Delhi airport from London on Friday was Air India's AI112 that had 256 passengers in it, said Gauri Agarwal, founder of the Genestrings Diagnostic Center.
Going by the provisions of the new company law, the responsibility and accountability equation for independent directors has seen a major change.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
Risk is difficult to evaluate, warns Harsh Roongta.
On Thursday, Sri Lanka Cricket announced that India's limited overs tour in June-July was postponed indefinitely.
'That would once and for all teach all the film-makers of this country a fitting lesson!'
'Trust your new governor,' Omkar Goswami advises RBI Deputy Governor Viral Acharya. 'Just because he is from the IAS and doesn't carry a PhD from a US university does not make him unsuitable for the task.' 'If anything, Das will pour oil on troubled waters, and save the RBI's reputation.'
In a move to plug gaps in the Insolvency and Bankruptcy Code (IBC), the ministry of corporate affairs (MCA) has proposed robust norms against avoidance transactions, wrongful trading, and inordinate delays via changes to look-back period and fixed timelines for the tribunals to reject or approve plans, among other measures. The MCA has proposed that the IBC should provide the adjudicating authority with 30 days for approving or rejecting a resolution plan under Section 31. If a decision is not made on the resolution plan within that period, the adjudicating authority will record reasons in writing for the same, the ministry has proposed.
Chushul and Depsang are not vital in this game of Chinese checkers, the Indian Ocean Region is. Keeping our maritime prowess restricted has to be a key Chinese strategic interest and it would appear that the LAC affair has helped China achieve its aim, points out Vice Admiral Premvir Das (retd).
This year's T20 World Cup is set to be moved from India to the UAE with the BCCI acknowledging that none of the participating teams would be 'comfortable' coming here because a third wave of COVID-19 cases is expected at the time of the event.
Dravid is allegedly conflicted as he is the NCA Director and also employed as vice-president of India Cements group, which owns IPL franchise Chennai Super Kings.
Pai said more and more people -- whether they are employees, or investors or others -- are coming to the conclusion that this Board has to go and a new one has to come.
In the age of robots and automation, skills such as people management, coordination and negotiations will be relevant, says Babita Shekhar.
BCCI president Sourav Ganguly said the "first priority is safety" after the Board suspended the start of this year's IPL from March 29 to April 15 in wake of the coronavirus pandemic. The BCCI also called off the ongoing three-match ODI series against South Africa.
Rahul Bajaj, one of the most successful business leaders in the country, has finally decided to hang his boots at Bajaj Auto, the company he nurtured and steered to one of the leading firms in two and three-wheeler space. The non-executive chairman of the Pune-based two and three-wheeler maker has tendered his resignation which would come into effect from close of business hours on April 30, 2021, Bajaj Auto said in a regulatory filing. In place of Rahul Bajaj, the company has appointed Niraj Bajaj as chairman with effect from May 1, 2021, it added.
Recently, the finance ministry waived off basic customs duty and health cess on imported oxygen and related equipment for three years.
This was the companies' highest loss in two years.
Mahindra will serve as a mentor and sounding board for the managing director on issues to be presented to the board, especially in the areas of strategic planning, risk mitigation and external interface. In addition, he will be available to provide feedback and counsel to the managing director on key issues facing the enterprise.
Channels across the board from news to general entertainment, music and movies telecast half-hour to one-hour advertorials promoting these products, mainly during non-prime time hours
The Reserve Bank has revoked the deposit-taking status of Dewan Housing Finance (DHFL), the first financial services firm to go for bankruptcy proceedings, and has reclassified it as a non-deposit taking housing finance company, before approving the Piramal group's bid to take over it towards the end of the resolution process. The revelation comes in the June 7 NCLT Mumbai order that has approved the Rs 35,250-crore bid for the once second largest mortage lender by Piramal Capital & Housing Finance, forcing over 65 per cent haircut on the creditors and just Re 1 to its NCD holders to whom it owes more than Rs 45,000-crore. On the 14th page of the 86-page NCLT order by HP Chaturvedi and Ravikumar Duraisamy, it says DHFL no longer is a deposit taking NBFC but a non-deposit taking one.
Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group
While seeking response from former Union minister and senior advocate Kapil Sibal, representing AIMPLB, the bench said, "Don't infer anything from our side."
