While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
August is going to be a special month for Bollywood, thanks to the Independence Day weekend, which will see a couple of big releases.
The Allahabad High Court has ordered a judicial inquiry, to be conducted by retired judge Arun Tandon, into the death of lawyer Jagriti Shukla, who allegedly died due to medical negligence. The court also directed lawyers not to stage road blockades and doctors not to go on strike, following public interest litigations alleging an unfair probe and attempts to shield medical personnel.
The Allahabad High Court has ordered a judicial inquiry, to be conducted by retired judge Arun Tandon, into the death of lawyer Jagriti Shukla, who allegedly died due to medical negligence. The court also directed lawyers not to stage road blockades and doctors not to go on strike, following public interest litigations alleging an unfair probe and attempts to shield medical personnel.
Less than 12 per cent of the exits were from companies with Rs 10,000 crore in market capitalisation or above.
With Saif Ali Khan and Randeep Hooda donning the cop uniform on OTT this week, we take a look at 10 memorable police portrayals in Hindi OTT series over the years.
'If you're so sick, so ill, how will you show that power?'
Stock exchanges' levy of penalties, ranging from Rs 3 lakh to Rs 12 lakh, on public-sector undertakings (PSUs) for lapses in board composition for the 2024-25 October-December quarter has brought forth issues of governance. Last month, 16 PSUs requested bourses to waive these penalties, arguing that these lapses were neither due to negligence nor within their control, as the appointment of directors is managed by the government.
The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.
While the final list isn't out yet, Namrata Thakker brings you some names that have reportedly been doing the rounds and may perhaps enter the BB house.
Enjoying the snow away from the Mumbai summer!
Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose? asks Amit Tandon.
Kriti becomes a mermaid... Vaani seeks out a Mandala... Arjun misses his ma...
Bollywood celebrates it's favourite festival Raksha Bandhan with cute pictures and messages on social media.
Amit Trivedi's score gives Azaad the feel of a sprawling epic that will hopefully be worth the wait, notes Mayur Sanap.
Tandon, son former Chhattisgarh governor late Balramji Das Tandon, assured everyone that he will live up to the expectations and the trust which the BJP has reposed in him.
'Innocent lives lost. Tourists, families, people who were just... living. Seeking beauty. Seeking peace. And now there's only grief.'
Here's what your favourite celebrities have been upto.
Check out the star arrivals.
The Adani group will have understood the fragility of investor trust in the group. The group needs to improve transparency including in areas like share-ownership (which they have long and mistakenly believed can be side-stepped) and related-party transactions, among others, Amit Tandon and Hetal Dalal point out.
The move was not good for companies which have capital expenditure plans laid out.
Corporate India is busy restructuring - through mergers, demergers and splits. That seems to be the new normal as CXOs and boards brainstorm on how to create assets and value. The pitch rose significantly during the third quarter of this financial year (FY24), translating into $32.9-billion worth of such deals - the highest quarterly total since the HDFC Bank-HDFC merger announced in FY22 Q2.
Hemant V Shivsaran/Rediff.com does a deep dive and lists the winners with the highest and lowest margins in the recent Lok Sabha elections.
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.
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.
Chasing a third successive Asian Games medal, Indian boxer Vikas Krishan (75kg) made a strong start, out-punching Pakistan's Tanveer Ahmed in his pre-quarterfinal bout in Jakarta, on Monday.
Bollywood stars attended the NBT Utsav event, where personalities from cinema, arts, health education and business were felicitated.
'Institutional ownership, by December 2018, had increased 37.5% from approximately 22% in early 2009,' points out Amit Tandon.
A major revamp of Uttar Pradesh unit of BJP is likely in the coming month. And nobody in the party hierarchy has an idea about what's going on in party president Amit Shah's mind.
Bharatiya Janata Party leader Amit Shah on Wednesday moved the Allahabad high court challenging the FIRs lodged against him by the Uttar Pradesh government for alleged hate speeches made by him at election meetings in Bijnore and Shamli districts.
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
The Allahabad high court on Thursday dismissed as withdrawn Bharatiya Janata Party leader Amit Shah's petition challenging the first information reports lodged against him in Uttar Pradesh for alleged hate speeches after he stated that he wanted to reply to the Election Commission notice in the matter.
Shobha Kapoor and Ekta Kapoor, managing director (MD) and joint MD of media firm Balaji Telefilms have failed to obtain requisite votes on resolutions pertaining to their remuneration. According to stock exchange disclosure made by the company, the two separate special resolutions on setting their salaries for the next years got 56.77 per cent and 55.45 per cent 'against' vote.
'Confidentiality needs to be maintained.'
With the strain and anxiety of the longest Lok Sabha polls now behind the leaders, governance, with consensus, is the next step.
After a blockbuster 2023, all eyes are now on what 2024 looks like.
Raveena Tandon and MM Keeravani recieved the Padma Shri from President Draupadi Murmu.
