At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.
Chastising the State Bank of India, the Supreme Court on Monday ordered it to disclose the details of the electoral bonds encashed by political parties to the Election Commission by the close of the business hours on March 12 and warned the country's largest public sector lender that the court may proceed against it for 'wilful disobedience' if it failed to comply with its directions and deadlines.
Bumrah, Shami to be rotated during home Tests vs England
It is also understood that the board is quite happy with the way Dravid has managed the team along with captain Rohit over the last two years despite not landing any global trophies.
Holding that the electoral bonds scheme was not fool-proof, the Supreme Court said on Thursday that information about funds received by a political party is essential for voters to exercise their freedom to vote effectively.
rediffGURU Kirtan A Shah answers your personal finance queries.
Engineers at the National Institute of Ocean Technology in Chennai have already designed the steel sphere that will house the aquanauts for their journey, he said.
If Indira Gandhi hadn't targeted the RSS, Narendra Modi wouldn't be sitting pretty with his second majority and looking at a third, asserts Shekhar Gupta.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
A five-judge constitution bench headed by Chief Justice D Y Chandrachud held that the 2018 scheme was 'violative' of the constitutional right to freedom of speech and expression and right to information.
It is learnt that BCCI president Sourav Ganguly, secretary Jay Shah and CEO Hemang Amin have all got in touch with their Cricket Australia counterparts after complaints reached them. They have been assured that the Indian contingent will be made to feel comfortable from here on. The series is tied 1-1 currently.
rediffGURU Chandu Nair advises entrepreneurs and enterprises about how to create and build their business.
The allegations by an unnamed person, who claimed to be an ex-colleague of Johri at the Discovery Channel, were posted on Twitter by an author, Harnidh Kaur, who later stated that she did not want the charges published nor her name used in the context.
Shubman Gill to reach Ahmedabad on Wednesday but remains doubtful for Pakistan game
The Interim Budget for 2024-25 (FY25) to be presented on February 1 is likely to assume 10-10.5 per cent nominal gross domestic product (GDP) growth against 8.9 per cent estimated for FY24 by the National Statistical Office (NSO). "We were waiting for the First Advance Estimates GDP numbers for FY24. "We will finalise the nominal GDP growth assumption for FY25 Interim Budget in a couple of days.
'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'
rediffGURU Sunil Lala answers your MF-related queries.
The "opaque" electoral bonds scheme for funding political parties will "destroy democracy" as it promotes corruption and does not allow a level playing field between the ruling and opposition parties, the petitioners challenging the validity of the scheme told the Supreme Court, which on Tuesday observed election funding was a "complicated issue".
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
According to officials, the Indian Navy has opened an investigation into whether the drone used to attack the vessel was launched from long range or from a nearby vessel.
Gill, who tested positive for dengue upon his arrival in Chennai last week has been down for the past week and will also miss India's second game against Afghanistan on Wednesday.
Ask rediffGURU Ulhas Joshi your mutual fund queries.
'Most of the bot attacks have originated from outside India.' 'Our firewalls are resilient and withstood the attacks.'
Leaders of several opposition parties on Thursday hailed the Supreme Court verdict striking down the electoral bonds scheme and termed it an important step in ensuring transparency in electoral funding.
rediffGURU Geeta Ratra offers expert advice on international courses, student visas and immigration processes.
Star pacer Mohammed Shami has developed an ankle condition, which currently requires medical attention, as the Indian team management will hope that he regains fitness in time for the first Test against South Africa starting from December 26 at Centurion.
The ministry of finance is likely to assume crude oil price to remain within $85 per barrel while estimating subsidies for the Interim Budget 2024-25 (FY25), to be presented on February 1. Brent crude prices moved up on Thursday, ending at $78.9 per barrel. Crude oil and cooking gas prices, which move in tandem, impact fertiliser and cooking gas subsidies, constituting 53 per cent of the government's total subsidies.
The Centre told the Supreme Court on Wednesday that almost every country, including India, was grappling with the problem of use of black money in elections and the electoral bonds scheme was a "conscious attempt" to eradicate the menace of "unclean money" in the poll process.
Between 2016-17 and 2021-22, the last year for which the data is available, seven national parties and 24 regional parties received a total donation of Rs 9,188.35 crore through electoral bonds.
rediffGURU Ulhas Joshi answers your mutual fund queries.
BCCI president Roger Binny and vice-president Rajeev Shukla have accepted the invitation of the Pakistan Cricket Board and will be in Lahore from September 4-7 during which they will watch a couple of Asia Cup games.
Abhay Gadru and Yash Ramugade, both 25, from Mumbai, were in the small twin-engine light aircraft -- a piper PA-34 Seneca -- which crashed on Friday near the local airport in Chilliwack city, about 100 km east of Vancouver.
Will Rahul Dravid like to end current term on high or seek extension?
For the consumer, there would be practically no impact on prices of essential medicines this year.
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, offers expert advice on career programmes in India.
The statement comes a day after claims by locals that one of the bombs dropped in Mizoram's Champai district during the attack.
Factionalism is nothing new to Bihar cricket and the ugly infighting that has been running well over two decades has robbed the state of some notable talents, besides attracting the ire of the BCCI.
The squad arrived at the stadium on Thursday with six police vans part of the cavalcade. The team buses of Pakistan and New Zealand exited the stadium together.
Man held for sending email threatening attack on Narendra Modi Stadium in Ahmedabad
Deriving from Narendra Modi's continuing charisma, the proposed scheme, if and when implemented, can cut both ways. That is to say, if Modi can win, he can lose. Or, someone else in his place, later on, could lose as much as he could win in his time, points out N Sathiya Moorthy.
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