Chairman of the Economic Advisory Council to the Prime Minister (PMEAC) Chakravarthi Rangarajan has resigned following the defeat of the Congress-led UPA in the general elections.
Naresh Chandra -- distinguished civil servant and diplomat -- passed into the ages on Sunday, July 9. Ambassador T P Sreenivasan salutes a patriot like none other.<
Experts said the tensions have added to a sense of apprehension in the United States, Europe and parts of Asia that China will engage in more aggressive behaviour in pursuit of its territorial interests, which in turn has raised the possibility of a serious and coordinated pushback by leading global players.
Indian economist Kalpana Kochhar, who heads the Human Resources Department of the International Monetary Fund, is leaving the organisation to join the Bill and Melinda Gates Foundation, the IMF announced on Wednesday. Kochhar, who served in various senior positions during her three decades at the IMF, will retire on July 30, it said.
The Committee of Administrators is likely to recommend the same "full disclosure" in Sachin Tendulkar and VVS Laxman's alleged conflict of interest case to BCCI Ombudsman D K Jain, just like they had done in former skipper Sourav Ganguly's case.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
'We can go somewhere between 35 per cent and 40 per cent.'
The country would see more economic progress if the private sector was left to run business without government interference, Infosys founder N R Narayana Murthy has said at the Jaipur Literature Festival.
As daily testing of samples of blood and throat and nose swabs crossed two lakh for the first time since the outbreak of the pandemic, over 14,000 new coronavirus cases were registered in the country for the fifth day in a row to take the total count to 4,56,183, according to the Union Health Ministry data.
'The list of things to be done or added or removed will keep growing and it will be a while before the emerging models settle down into lasting structures,' predicts Umesh Shrikhande, CEO, Taproot Dentsu.
As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
L&T is pursuing a controlling stake of 66 per cent in the mid-tier IT firm, for Rs 10,700 crore.
The eight areas that recorded 'severe' air quality Saturday are Anand Vihar, Dwarka Sector 8, Narela, Punjabi Bagh, Bawana, Mundaka, Vivek Vihar and Rohini.
A livid Kapil Dev said he will not go to Mumbai and called the conflict of interest allegations against him and the CAC 'a publicity stunt'. In the complaint filed by Madhya Pradesh Cricket Association (MPCA) life member Sanjeev Gupta, it has been claimed that Kapil and Anshuman Gaekwad don multiple cricketing roles.
19 per cent of the directors don't attend three in four board meetings.
Kumble stepped down at the end of the Champions Trophy earlier this month after acknowledging a rift with skipper Kohli, who has refused to divulge just what led to the fallout.
Justice D K Jain has now reserved his orders after the BCCI and complainant Sanjeev Gupta also stated that no further arguments are required.
Kapilc Dev, Anshuman Gaekwad and Shantha Rangaswamy have been questioned for conflict of interest.
HR Guru Mayank Rautela offers practical advice.
Venkatesh Prasad and Sunil Joshi were on Tuesday shortlisted along with three others for the national selectors' job. Agarkar not being shortlisted also is an indicator that the Board is likely to stick to the existing zonal policy for the national selectors.
The money-spinning Indian Premier League has mulled a closed-door edition in a desperate bid to avoid cancellation as the deadly COVID-19 sent Indian sports into quarantine after a government directive for fans to be kept away from all action to prevent the pandemic from spreading.
The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
It is important to approach the belief of people in ancient India's achievements with a sense of proportion, balance and empathy, argues B S Raghavan, the distinguished civil servant.
EPFO's advisory body FIC on Thursday shortlisted five entities --ICICI Securities, Reliance Capital, HSBC Asset Management Company, SBI and ICICI Prudential -- for managing its corpus of Rs 3.5 lakh crore (Rs 3.5 trillion).
Ahead of the crucial CBT meet, the Employees' Provident Fund Organisation's advisory body Finance and Investment Committee will firm up its view on the matter.
The COA, comprising chairman Vinod Rai, Diana Edulji and Lt Gen (Retd) Ravi Thodge, will be taking stock of the situation with regard to elections of the state associations and the subsequent BCCI polls.
Asked if Ganguly would be cornered at the meeting, he laughed and cited an example.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
A couple of days after India's Test captain Virat Kohli sent positive signals about the use of the Decision Review System, the Board of Control for Cricket in India's president, Jagmohan Dalmiya, clarified that board's "stand remains same" but the Cricket Advisory Committee could take a call in future.
The much-awaited Mahatma Gandhi's bronze statue at Britain's historic Parliament Square will be unveiled on March 14
The Board of Control for Cricket in India's cricket advisory committee comprising Sourav Ganguly, V V S Laxman and Sachin Tendulkar will conduct the interview of the shortlisted 21 candidates.
If India takes care of the economic investments, then it will open up the space to dampen or circumvent some of the political burdens
The Reserve Bank did not issue the final merger scheme for Lakshmi Vilas Bank (LVB) with DBS India on Friday as stated earlier and is likely to do so only next week, according to a central bank official. While placing LVB under a moratorium and then issuing a draft amalgamation scheme on November 17, the RBI had said it would issue the final merger scheme on November 20 (Friday) so as to help complete the resolution for the 94-year-old lender by December 16. However, as of 2200 hrs on Friday, the central bank did not issue the final merger scheme. When contacted, a senior RBI official told PTI that the same would now be issued early next week.
The interviews for the rest of the support staff will be held on August 19.
Tharoor questioned the alleged arrest of leaders and said, "if we alienate them, who's left?"
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
Once implemented, Rishad Premji will be one of the youngest business leaders to don the role of non-executive chairman at a large cap Indian company.
