The RIL board had last month approved 1:1 issuance of bonus shares after a 12-year hiatus. The last time RIL announced a bonus issue was in October 1997.
'We don't want to take away any right of the media.'
The BCCI's adjourned Annual General Meeting concluded in Kolkata on Thursday with the office-bearers taking charge.
Treasurer N Srinivasan is all set to take over as the Board of Control for Cricket in India's new secretary after incumbent Niranjan Shah steps down from the post at the September 27-28 Annual General Meeting of the Board in Mumbai following the expiry of his tenure. The present secretary Niranjan Shah would continue to work with the Board in a position yet to be decided.
Reliance Capital, a part of the Anil Dhirubhai Ambani Group, is looking to invest Rs 2,000 crore in insurance businesses in the next three years, which would take the company's cumulative investment in the sector to Rs 4,000 crore.
Kalmadi was unanimously re-elected president of the Indian Olympic Association for a record third consecutive term.
President-elect Ranbir Singh Mahendra said the AGM had to be adjourned as it could not complete its business because of a stay order passed by a Chennai court.
Neyveli Lignite Corporation Ltd is planning to invest Rs 10,000-12,000 crore in setting up power projects. It is also planning to foray into renewable energy, by setting up wind energy farms and solar units.
No one is saying the steel industry is out of trouble. The financial crunch continues, and coupled with high cost of input, severely affected the first-quarter profits of steel companies. But most agree with Tata that the signals are encouraging.
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".
Tata Steel has a technical tie-up with Nippon Corporation for automotive steel production. Nippon is also helping plan the layout of its proposed steel plant at Kalinga Nagar.
This is the Mukesh Ambani-led company's second entry into the dairy segment and it will directly compete with Amul and Mother Dairy.
Industry sources said Tata Daewoo Commercial Vehicle and Telco Construction Equipment Company might be the first off the block.
Inderjit Singh Bindra, a veteran cricket administrator, was on Sunday unanimously re-elected president of the Punjab Cricket Association (PCA) at the Annual General Meeting of the cricket body held in Mohali. M P Pandove, who is PCA's honorary secretary, was also re-elected unanimously.
BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
It was a replay of the annual general meetings of the cable companies of the M P Birla group last month even as the Birla side raised "illegalities" in the latest poll results.
With huge liquidity in the money market, partly contributed by capital flows, the interest rates are expected to soften in the short term, according to Industrial Development Bank of India chairman V P Shetty.
Out in the wilderness for 18 months, former International Cricket Council chief Jagmohan Dalmiya, elected as the president of the Cricket Association of Bengal (CAB), has scripted a dream comeback that is only similar to state icon Sourav Ganguly. Dalmiya, lying low ever since he was ousted from the post of CAB president in December 2006, planned his comeback and ensured that his entire panel of office-bearers was elected comfortably.
Ratan Tata, chairman of Tata Motors said that rising costs of fuel and raw materials are the biggest worry for the automobile industry. Tata also warned of tough times for the company as its market share slid in the last financial year.
Days after acquiring control of Air Deccan, Kingfisher Airlines Chairman Vijay Mallya now looks at rationalising the fleet of the two carriers and considering changes in the total fleet order of 90 aircraft.
Ambani said Reliance ended last year with a net debt of Rs 154,478 crore.
However, the names which are doing rounds are Jet Airways and Kingfisher Airlines. The latter is yet to start its international operations, which is a major requirement for joining an alliance. The merged Air India has already been invited to join its competing Star Alliance. OneWorld brings together some of the biggest names in the airline business, including American Airlines, British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines, Qantas and Royal Jordanian.
The observer for Tuesday's BCCI elections also gave voting right to the Jharkhand State Cricket Association.
The Madras High Court restrained the BCCI from conducting the elections in Kolkata till 1230 pm on Thursday.
Shaw Wallace & Company Ltd, acquired by UB Group, would be merged operationally with the spirits business of United Spirits, chairman of the company Vijay Mallya said.
The finance minister said while contribution of primary and fuel items to inflation has declined of late, certain manufacturing items are leading to its rise.
The last date for filing the nominations for the ICC top job is October 20. The ICC Board will meet from November 11-13 in Melbourne.
Mahindra United defender Surkumar Singh was named 'Player of the Year' by the All India Football Federation.
The Union government is considering a proposal to empower the states to frame separate labour laws in certain specific locations to attract investments, Union Commerce and Industries Minister Kamal Nath said on Friday.
Mukesh Ambani-controlled Reliance Industries Ltd will hold its annual general meeting on August 3, in which the company's plans following the settlement of ownership of Reliance empire may come up for discussion.
Unilever president (Asia & Africa) Harish Manwani is to succeed M S Banga as the non-executive chairman of Hindustan Lever Ltd.
The former wicketkeeper replaces Brajesh Patel, who is undergoing treatment following a heart surgery.
The interim order was passed by a bench headed by Justice B N Agarwal.
After three cheetahs died in just over a month last year in Madhya Pradesh's Kuno National Park, the National Tiger Conservation Authority in May 2023 called in experts from Reliance's wildlife facility in Gujarat to review health monitoring protocols, official records show.
CVC International, part of Citigroup, has evinced interest to pick up about five per cent stake in Jindal Iron and Steel Company Ltd.
