News for 'Annual General Meeting'

Campaigning not a fundamental right: ED opposes Kejri's bail in SC

Campaigning not a fundamental right: ED opposes Kejri's bail in SC

Rediff.com9 May 2024

In a fresh affidavit filed in the top court, the ED said no political leader has ever been granted interim bail for campaigning even if he is not contesting polls.

Navi Mumbai airport likely to be inaugurated on April 17

Navi Mumbai airport likely to be inaugurated on April 17

Rediff.com29 Dec 2024

Earlier in the day, an IndiGo A320 passenger aircraft landed successfully at 1.32 pm at runway 08/26 of the under-construction Navi Mumbai International Airport, paving the way for the Navi Mumbai International Airport Ltd (NMIAL) to seek an aerodrome licence from the aviation safety regulator Directorate General of Civil Aviation (DGCA) to start commercial flight services.

Afghanistan pledges participation in Champions Trophy in Pakistan

Afghanistan pledges participation in Champions Trophy in Pakistan

Rediff.com23 Jul 2024

The Champions Trophy is the first major ICC event scheduled in Pakistan, since jointly hosting the 1996 World Cup with India and Sri Lanka.

COA asks states not to nominate Srinivasan as BCCI's ICC nominee

COA asks states not to nominate Srinivasan as BCCI's ICC nominee

Rediff.com6 Apr 2017

The Board of Control for Cricket in India's Committee of Administrators (COA) on Thursday informed all state units that they will seek the Supreme Court's directive on BCCI's representative at the International Cricket Council meetings and asked the members to keep that in mind before taking any decision at the Special General Meeting on April 9.

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Rediff.com27 Dec 2024

Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.

Indian football is in a mess, there is politics in the sport: Bhutia

Indian football is in a mess, there is politics in the sport: Bhutia

Rediff.com30 Jan 2024

Former captain Bhaichung Bhutia demanded the resignation of All India Football Federation president Kalyan Chaubey.

Reliance to hold its first-ever virtual AGM on July 15

Reliance to hold its first-ever virtual AGM on July 15

Rediff.com22 Jun 2020

In a regulatory filing, Reliance -- the country's most valuable company - said, 'The 43rd AGM will be held on Wednesday, July 15, 2020 at 2 pm though video conferencing / other audio-visual means.'

CAIT seeks action against quick commerce firms

CAIT seeks action against quick commerce firms

Rediff.com30 Dec 2024

The Confederation of All India Traders (CAIT) representing 70 million traders has written to Union Commerce Minister Piyush Goyal, drawing his attention to the alleged violations of laws and regulations by quick commerce (qcom) companies.

India Shining Under Modi In International Arena

India Shining Under Modi In International Arena

Rediff.com1 Oct 2024

PM Modi went to New York this time not to engage in polemics, but to find solutions to global problems. He made some progress on several matters, even on reform of the UN Security Council, when the US made a major concession for the first time that six permanent members without veto, including India, could be considered

Mahindra Satyam's AGM on July 31 cancelled

Mahindra Satyam's AGM on July 31 cancelled

Rediff.com25 Jun 2013

In a BSE filing, the company said it has filed certified copies of the Andhra Pradesh High Court order paving way for the merger with Registrar of Companies, Andhra Pradesh, Hyderabad.

Sebi slaps Rs 26-cr penalty on Coffee Day

Sebi slaps Rs 26-cr penalty on Coffee Day

Rediff.com25 Jan 2023

The Securities and Exchange Board of India (Sebi) on Tuesday imposed a penalty of Rs 26 crore on Coffee Day Enterprises (CDEL) for alleged violation of securities laws. The regulator also directed the company to initiate steps to recover dues of Rs 3,535 crore-the amount diverted from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates (MACEL). Affirming the violations of the Sebi (Prevention of Fraudulent and Unfair Trade Practices) Regulations and Sebi (Listing Obligations and Disclosure Requirements) Regulations, whole-time member Ashwani Bhatia said the listed company was being run like a personal fiefdom with no checks and balances in place.

Binny & Co Take Charge At BCCI

Binny & Co Take Charge At BCCI

Rediff.com19 Oct 2022

Roger Binny was elected unopposed at the BCCI's AGM in Mumbai alongside Jay Amit Shah, who was re-elected secretary for a second successive term.

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Rediff.com3 Sep 2024

Road Transport and Highways Minister Nitin Gadkari on Tuesday favoured giving a majority 51 per cent stake to foreign partners in joint ventures for building tunnels and detailed project reports to improve work quality. Gadkari said providing a majority stake to a foreign partner in the joint venture is necessary to ensure that only serious and technically qualified players bid for tunnel projects.

Ratan Tata, Dreamer And Ideas Executor

Ratan Tata, Dreamer And Ideas Executor

Rediff.com26 Oct 2024

There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.

India set to bid for 2029 World Athletics Championships

India set to bid for 2029 World Athletics Championships

Rediff.com3 Dec 2023

'India has expressed interest to host the 2036 Olympics and 2030 Youth Olympics'

Terrorism in J-K in decisive phase, reduced to mere proxy war: Amit Shah

Terrorism in J-K in decisive phase, reduced to mere proxy war: Amit Shah

Rediff.com16 Jun 2024

The home minister also reviewed the preparations for the annual Amarnath pilgrimage scheduled to begin on June 29.

Globally, airlines' losses will be down to $9.7 bn this year

Globally, airlines' losses will be down to $9.7 bn this year

Rediff.com20 Jun 2022

The airlines' losses globally are expected to be down from $52 billion in 2021 to $9.7 billion this year and industry-wide profit should be on the horizon in 2023, Director General of IATA Willie Walsh said in Doha on Monday. International Air Transport Association (IATA) represents some 290 airlines comprising 83 per cent of global air traffic. Walsh, in his inaugural speech at the 78th annual general meeting of IATA here, said that while the outlook for airlines globally is positive, the business environment remains challenging.

Air India plans to buy over 200 new planes

Air India plans to buy over 200 new planes

Rediff.com20 Jun 2022

Tata Group-owned Air India is considering buying more than 200 new planes with 70 per cent of them being narrow-bodied aircraft, aviation industry sources said on Sunday. While Air India has zeroed in on Airbus's A350 wide-bodied aircraft for the procurement, the talks with Airbus and Boeing for narrow-bodied aircraft is still on, they said. A wide-bodied plane like Airbus A350 has a bigger fuel tank that allows it to travel longer distances such as the India-US routes.

SII stopped Covishield production in Dec 2021: Poonawalla

SII stopped Covishield production in Dec 2021: Poonawalla

Rediff.com20 Oct 2022

Poonawalla said booster vaccines have no demand as there is general lethargy among people and also because they are fed up with the pandemic.

Wadiyar succeeds Kumble as KSCA president

Wadiyar succeeds Kumble as KSCA president

Rediff.com2 Dec 2013

Srikantadatta Narasimharaaja Wadiyar has been elected President, while Brijesh Patel was voted back as Secretary in the Karnataka State Cricket Association in the polls held during its Annual General Meeting in Bangalore on Sunday.

Yunus introduces student activist as 'brains' behind Hasina's ouster

Yunus introduces student activist as 'brains' behind Hasina's ouster

Rediff.com27 Sep 2024

Bangladesh's chief advisor Muhammad Yunus introduced to an American audience in New York the "brains" behind the "meticulously designed" protests that led to the ouster of Sheikh Hasina from power.

Paytm appears poised for rebound

Paytm appears poised for rebound

Rediff.com18 Oct 2024

While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license. UPI consumer data indicates stable market share, and expansion in partner networks in financial distribution. All this implies Paytm could be set to meet guidance of turning Adjusted Ebitda breakeven by Q4FY25 (ex of UPI-incentives).

World entering a highly disruptive green energy era, says Mukesh Ambani

World entering a highly disruptive green energy era, says Mukesh Ambani

Rediff.com7 Aug 2023

Reliance Industries (RIL's) annual report released on Sunday highlighted the company's focus on new energy solutions, with chairman and managing director (MD) Mukesh Ambani stating that the age of fossil fuels will not continue much longer. RIL has sought shareholders' approval to give Ambani another five-year term as MD till 2029 at nil salary. The recently demerged Jio Financial Services, which "will leverage the prowess of digital and retail businesses", was expected to be listed soon.

Tata Sons shareholders want separate chairpersons for company, Tata Trusts

Tata Sons shareholders want separate chairpersons for company, Tata Trusts

Rediff.com31 Aug 2022

Tata Sons shareholders have approved a resolution to have separate chairpersons for the company and its largest shareholder -- Tata Trusts. An amendment to the articles of association (AoA) of Tata Sons, which sought to prevent a single person heading Tata Sons as well as Tata Trusts simultaneously, was passed at the company's annual general meeting (AGM) held on Tuesday. With the special resolution being passed with requisite majority of 75 per cent at the AGM, it will now be legally binding for Tata Sons and Tata Trusts to have separate chairpersons.

A Tale Of Two Modi Decisions

A Tale Of Two Modi Decisions

Rediff.com11 Sep 2024

Why did the political system in the country react to these two decisions of the Modi government in a diametrically opposite manner? asks A K Bhattacharya.

Know How To Plan Your Taxes

Know How To Plan Your Taxes

Rediff.com5 Dec 2024

'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'

Dissent in K'taka: Cong top brass calls for 2 meetings

Dissent in K'taka: Cong top brass calls for 2 meetings

Rediff.com29 Jul 2023

The meetings are taking place in the wake of the Congress Legislative Party (CLP) meeting on Thursday remaining inconclusive to address the grievances of the party MLAs.

India saw simultaneous elections 4 times: A timeline

India saw simultaneous elections 4 times: A timeline

Rediff.com18 Sep 2024

In 2019, an all-party meeting was held in Delhi and it was attended by 19 political parties to discuss critical reforms in governance. One of the subjects of the discussions was simultaneous elections

HDFC gets board's nod to raise Rs 57K crore through NCDs

HDFC gets board's nod to raise Rs 57K crore through NCDs

Rediff.com27 Mar 2023

Mortgage lender HDFC Ltd on Monday said its board has approved raising funds through non-convertible debentures (NCDs) in tranches aggregating to Rs 57,000 crore. The board has cleared issuance of unsecured, redeemable, non-convertible debentures under a Shelf Placement Memorandum, aggregating Rs 57,000 crore, in various tranches, on a private placement basis, HDFC said in a regulatory filing. This is in accordance with the approval granted by the shareholders of the HDFC at the 45th annual general meeting held on June 30, 2022, it said.

Srinivasan insists he will chair AGM in Chennai; rules out scrapping SA series

Srinivasan insists he will chair AGM in Chennai; rules out scrapping SA series

Rediff.com1 Sep 2013

A defiant BCCI President N Srinivasan today declared that he will chair the Board's Annual General Meeting scheduled to be held in Chennai on September 29.

MCA meet on Lodha recommendations put off after Pawar hospitalised

MCA meet on Lodha recommendations put off after Pawar hospitalised

Rediff.com25 Jan 2016

The Mumbai Cricket Association's scheduled meeting to discuss implications of the Justice Rajendra Mal Lodha committee report was postponed on Monday due to the indisposition of MCA president Sharad Pawar.

The Illusion Of LAC Disengagement

The Illusion Of LAC Disengagement

Rediff.com9 Jul 2024

Disengagement from the LAC will remain a chimera because China has given enough indications that the PLA will not move back any more. China has even deployed drones to monitor and deny any patrolling by Indian troops even in the buffer zones which are all in Indian Territory, explains Lieutenant General Prakash Katoch (retd).

General Atlantic to invest Rs 3,675 cr in Reliance Retail

General Atlantic to invest Rs 3,675 cr in Reliance Retail

Rediff.com30 Sep 2020

This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.

Shareholder bonhomie at Naik's last AGM as an era draws to a close

Shareholder bonhomie at Naik's last AGM as an era draws to a close

Rediff.com10 Aug 2023

At the annual general meeting (AGM) of Larsen & Toubro (L&T) on Wednesday, shareholders made the usual request to the top management for bonus shares. But this time, the setting was different. The man at the helm, outgoing group chairman AM Naik, 82, was heard assuring shareholders that he would join the chorus soon. There were laughs and chuckles at Naik's playful remark as he addressed the last AGM, nearly six decades after he joined L&T as a junior engineer and some 25 years at the top.

Modi-Biden hold hour-long talks ahead of Quad summit

Modi-Biden hold hour-long talks ahead of Quad summit

Rediff.com22 Sep 2024

The war and Modi's recent visit to Ukraine is expected to figure prominently in the bilateral meeting, according to US National Security Adviser Jake Sullivan.

Ather Energy looks to raise Rs 3,100 cr

Ather Energy looks to raise Rs 3,100 cr

Rediff.com10 Sep 2024

Electric two-wheeler (e2W) maker Ather Energy has submitted preliminary papers to the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the IPO will comprise a fresh issue of equity shares valued at Rs 3,100 crore, alongside an offer for sale of 22 million equity shares by its promoters and investor shareholders.

Indian Parents Risk Savings For Child's Education

Indian Parents Risk Savings For Child's Education

Rediff.com12 Sep 2024

For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.

Amit Shah to review J-K situation after terror attacks

Amit Shah to review J-K situation after terror attacks

Rediff.com15 Jun 2024

The home minister will also review the preparation for the annual Amarnath pilgrimage set to start on June 29.

How Jay Shah plans to aid cricket's growth in Africa

How Jay Shah plans to aid cricket's growth in Africa

Rediff.com31 Mar 2022

The Asian Cricket Council is set to play a role in helping grow the game in Africa through a plan prepared by ACC chief Jay Shah.