Shastri takes over from Ajay Shirke, who was made acting chairman of the Bangalore-based Academy after Kapil Dev was sacked from the post for signing up with the rebel Indian Cricket League.
Kingfisher Airlines may cut jobs, UB group chairman and CEO Vijay Mallya said on Thursday.
The government on Tuesday announced setting up of hubs to promote exports through e-commerce medium in public-private-partnership (PPP) mode and initially 10-15 hubs will be established. Finance Minister Nirmala Sitharaman said that these hubs, under a seamless regulatory and logistic framework, will facilitate trade and export-related services under one roof. "To enable MSMEs (micro, small and medium enterprises) and traditional artisans to sell their products in international markets, e-commerce export hubs will be set up in PPP mode," she said.
Union Minister Praful Patel was formally elected president of the All India Football Federation on Tuesday, thus bringing down curtains on ailing Priyan Ranjan Dasmunsi's 20-year reign at the helm. Patel, the Civil Aviation minister in the UPA government, was elected unopposed at the Annual General Meeting of the AIFF at its headquarters in Delhi.
Jagmohan Dalmiya said he will attend ICC executive board, development board and annual conference on behalf of the BCCI.
In what turned out to be a formality, the Indian Olympic Association elections returned the same office-bearers, with Suresh Kalmadi as president for a fourth consecutive term.
The Board of Control for Cricket in India's Annual General Meeting (AGM) will be held on September 29 in Mumbai during which it will choose a president-elect who would take over the reins from September 2011.
Jet Airways, India's largest airline in terms of marketshare, is looking at an equity dilution, said Founder and Chairman Naresh Goyal.
Former India captain Krishnamachari Srikkanth on Saturday became the new Chairman of the National Senior Cricket Selection Committee, replacing Dilip Vengsarkar at the helm of affiars.
The market breadth was negative. Out of 2932 stocks traded, 1306 stocks advanced while 1485 stocks declined.
Announcing a bullish stance on the company's financial position, the chairman and managing director said that RIL would become debt-free on a net basis in the current 2011-12 fiscal.
Former India skipper Sourav Ganguly was retained as member of the Board of Control for Cricket in India's Technical Committee, headed by Sunil Gavaskar, at the Board's 80th Annual General Meeting in Mumbai on Thursday. The panel includes former Test umpire V K Ramaswamy and ex-India opener Krishnamachari Srikkanth, who was retained as the head of the senior selection committee for the 2009-10 season.
Investments of Rs 47,000 crore under implementation.
Amid suggestions aplenty, including from a former Tata Group veteran to choose someone from within the Tata family to head the conglomerate, incumbent chairman Ratan Tata on Friday said only the best would succeed him.
Biscuits major Britannia Industries on Monday said it would increase capacity by 20 per cent by expanding existing operations and going to new sites.
Reliance Retail's digital commerce platform JioMart will morph into an e-marketplace offering multiple brands - from electronics, consumer durables, fashion and lifestyle, beauty, home, kitchen, and grocery - as it girds up to take on the likes of Amazon and Flipkart ahead of the festival season sales. India's largest retailer was in the process of onboarding third-party sellers these past few months, further increasing its selection across categories multifold. Its website and application offers general merchandise as well.
The company would decide on increasing the capacity and investment needed for the same in presence of its parent Suzuki Motor's chairman Osamu Suzuki
This is the Mukesh Ambani-led company's second entry into the dairy segment and it will directly compete with Amul and Mother Dairy.
In a startling revelation, West Indies Cricket Board (WICB) chief Julian Hunte accused the Board of Control for Cricket in India (BCCI) of rejecting ICC's proposal of organising Test cricket with a four-year championship structure in place. Hunte made the statement in his report at the annual general meeting of the West Indies Cricket Board (WICB) this month.
Tata Motors is developing higher capacity engines for its Nano car, to target domestic as well as foreign markets.
The country's largest home loan player, Housing Development Finance Corporation, said on Thursday it will not hike interest rates even if the central bank signals an upward movement in the monetary policy on July 27.
India's tour of South Africa will be confirmed only after the BCCI's annual general meeting later this month it was revealed on Tuesday after its secretary, Sanjay Patel, met with Cricket South Africa chief executive Haroon Lorgat in Dubai over the issue.
The Indian information technology industry will need to move up the value chain to tackle competition from countries like China, Philippines and Vietnam, said Ratan Tata.
BCCI's Annual General Meeting will be held in Kolkata for election of its office-bearers.
The prime minister is right when he exhorts the corporate world to rethink its terms of engagement in a society as poor and in as much flux as India.
Jagmohan Dalmiya was re-elected unopposed at the Cricket Association of Bengal's 78th annual general meeting in Kolkata. He also retained his panel of two joint-secretaries and treasurer.
The company had raised a similar amount of debt in FY 09 as well. Reliance Power has bagged three of four contracts for developing UMPPs in the country.
The unions are planning a major protest in Birmingham on July 27, at National Grid's annual general meeting. National Grid is a leading supplier of gas and electricity in Britain and the northeast region of the US. In an e-mail response to queries from Business Standard, a NG spokesperson said the company already outsources some information services support from India, from companies including Tata Consultancy Services, Wipro and Zensar Technologies.
Reliance Industries chairman and managing director Mukesh Ambani confirmed the truce pact with Anil Ambani.
Making his ambitions clear, Ambani said the company is "well equipped to be a national leader".
A coming together of the brothers will combine their separate, complementary and equally formidable strengths: Mukesh can execute mega projects in record time and derive value from scale; Anil is deft with finance and all things related to consumers and brands.
Reliance Industries' annual general meeting on Friday will be unique in many ways. It's the first AGM after the Supreme Court judgment on K-G gas, the first after the truce between Mukesh and Anil Ambani and the first after the company's big-bang return to telecom.
Rishad, who joined the company in July 2007, is currently chief strategy officer of the Bengaluru-based company.
Total income for the quarter ended March 31, 2019, stood at Rs 31,204.5 crore, up by 22.1 per cent from Rs 25,549.7 crore for the quarter ended on March 31, 2018,
Infosys Technologies has announced the appointment of Deepak Satwalekar, managing director & CEO of HDFC- Standard Life Insurance, as the lead independent director in line with the company's commitment to good corporate governance practices.
Taking to Instagram Stories, Anushka shared the screenshot of BCCI secretary Jay Shah's tweet and reacted to the post with three clapping emojis. The actor is set to play former pacer Jhulan Goswami in the upcoming film "Chakda Xpress".
A successful entrepreneur from Karnataka, Rajeev founded Jupiter Capital, a venture development managment and investment company, in 2005 and launched the Kannada channel Suvarna in 2007.
