News for 'Board of Approval'

Mehli Mistry to step down as Tata Trusts Trustee

Mehli Mistry to step down as Tata Trusts Trustee

Rediff.com4 Nov 2025

Bringing an end to the speculation around Mehli Mistry's trusteeship in the Tata Trusts, the former trustee has officially parted ways with the Tata group, ANI has learned from sources close to Mistry.

Ahmedabad formally awarded hosting rights of 2030 CWG

Ahmedabad formally awarded hosting rights of 2030 CWG

Rediff.com26 Nov 2025

It was a mere formality for the general assembly of 74 members to put a seal of approval on India's bid after Ahmedabad was recommended as the proposed host of the centenary edition by the Commonwealth Sport's Executive Board last month. India last hosted the CWG in 2010 in Delhi.

Bajaj Auto board approves company's split

Bajaj Auto board approves company's split

Rediff.com17 May 2007

The board of directors of Bajaj Auto, which met on Thursday, approved a proposal for the demerger of the company.

Tentative Truce In Tata Trusts: BusinessLine Report

Tentative Truce In Tata Trusts: BusinessLine Report

Rediff.com23 Oct 2025

After months of discord, the Tata Trusts appear to be moving towards reconciliation, with recent reappointments and open exchanges signalling a return to cooperative governance.

CBSE Class 10 boards exams twice a year from 2026; first attempt mandatory

CBSE Class 10 boards exams twice a year from 2026; first attempt mandatory

Rediff.com25 Jun 2025

The Central Board of Secondary Education has approved the norms for conducting board exams twice a year for Class-10, a move recommended in the new National Education Policy.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

SC to examine surrogacy bar for second child

SC to examine surrogacy bar for second child

Rediff.com5 Nov 2025

The Supreme Court has agreed to examine whether a law banning married couples facing secondary infertility from using surrogacy to have a second child amounts to a restriction by the State on the reproductive choices of citizens.

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Rediff.com25 Oct 2025

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.

Now you can make final PF pension withdrawal after 3 years

Now you can make final PF pension withdrawal after 3 years

Rediff.com14 Oct 2025

The Employees' Provident Fund Organisation (EPFO) board has approved liberalised part withdrawals for subscribers, allowing up to 100 per cent EPF withdrawal, and rolled out the 'Vishwas Scheme' to reduce litigation through rationalised penal damages.

FIDE allows players to wear jeans at Doha Rapid & Blitz

FIDE allows players to wear jeans at Doha Rapid & Blitz

Rediff.com22 Nov 2025

The International Chess Federation (FIDE) has announced a significantly relaxed dress code for next month's World Rapid and Blitz Championships in Doha, "allowing classic non-distressed jeans for both men and women", a year after the 'jeansgate' storm involving Magnus Carlsen at the same event.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.

Noel Tata, two others block Mehli Mistry's reappointment as trustee

Noel Tata, two others block Mehli Mistry's reappointment as trustee

Rediff.com28 Oct 2025

Tata Trusts chairman Noel Tata and two other powerful trustees considered close to him blocked the reappointment of late Ratan Tata's close associate and businessman Mehli Mistry as trustee, deepening the rift at the philanthropic arm that controls the holding company of Tata Group, people familiar with the matter said.

ONGC board approves stock-split, bonus issue

ONGC board approves stock-split, bonus issue

Rediff.com28 Jan 2011

The company has fixed February 9, 2011 as the record date for ascertaining the eligibility of the shareholders, who would be entitled to receive sub-divided shares and bonus shares, it said in a separate filing to the BSE.

Registration Isn't Ownership

Registration Isn't Ownership

Rediff.com26 Nov 2025

Lawful possession means having both actual control over a property and a valid legal right to keep it, usually based on a registered sale deed, lease agreement, or lawful allotment.

All conditions met: IMF defends $1 billion loan to Pakistan

All conditions met: IMF defends $1 billion loan to Pakistan

Rediff.com23 May 2025

The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.

Time To Elect, Not Select Governors

Time To Elect, Not Select Governors

Rediff.com1 Dec 2025

In a federal democracy, the people must have a say (indirect or direct) in an office as important as that of governor. Especially in a governor who can now effectively veto a bill by simply refusing to sign it, argues Harishchandra.

Are You Insured Against Terrorism?

Are You Insured Against Terrorism?

Rediff.com1 Dec 2025

'Reviewing terms such as war, invasion, acts of foreign enemies or hostilities, which often appear in industry exclusion lists, can help avoid surprises at the time of claim.'

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

Rediff.com23 Aug 2025

The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.

As algo trading rises, Sebi chief urges stronger risk controls

As algo trading rises, Sebi chief urges stronger risk controls

Rediff.com12 Nov 2025

The rise of algorithmic and high-frequency trading brings efficiency but also demands robust risk controls, real-time monitoring and compliance safeguards, Securities and Exchange Board of India Chairman Tuhin Kanta Pandey told the Morningstar Investment Conference India 2025.

Centre Moves To Bar Drugmakers Over Fake Information

Centre Moves To Bar Drugmakers Over Fake Information

Rediff.com3 Nov 2025

At present, there is no provision under Drugs Rules, 1945 to address issues of wrong information to obtain regulatory approvals.

'A proud moment for Gujarat and India'

'A proud moment for Gujarat and India'

Rediff.com15 Oct 2025

The recommendation of Ahmedabad as the host city for the 2030 Commonwealth Games (CWG) was a proud moment for Gujarat as well as India, said Chief Minister Bhupendra Patel on Wednesday.

Dow board approves Murdoch's $5-billion deal

Dow board approves Murdoch's $5-billion deal

Rediff.com18 Jul 2007

The backing of the 16-member board on Tuesday sends the offer to the Bancroft family, which controls the majority voting shares of the company, for a final vote.

GST Made Easy From Nov 1

GST Made Easy From Nov 1

Rediff.com25 Oct 2025

Nearly 96 per cent of new applicants will benefit from this simplified approval route.

Brookfield India REIT to buy office campus in Bengaluru for Rs 13,125 cr

Brookfield India REIT to buy office campus in Bengaluru for Rs 13,125 cr

Rediff.com5 Nov 2025

Brookfield India Real Estate Trust (BIRET) plans to acquire a large office campus, covering 7.7 million sq ft, in Bengaluru for Rs 13,125 crore to expand its portfolio.

Cipla board approves retirement of M K Hamied

Cipla board approves retirement of M K Hamied

Rediff.com13 Mar 2014

Hamied however, will continue to be the Vice- Chairman of the company in a non-executive role effective April 1

MCX board approves appointment of 5 new directors

MCX board approves appointment of 5 new directors

Rediff.com23 Oct 2013

The board of directors at its meeting held on October 22, approved the said appointments, the exchange said in a regulatory filing on Wednesday.

'Emirates NBD Is In RBL For 15-20 Years'

'Emirates NBD Is In RBL For 15-20 Years'

Rediff.com29 Oct 2025

'It is not looking at valuation, but investment, growth and ultimately better profit for stakeholders.'

Sebi eases IPO norms for very large companies

Sebi eases IPO norms for very large companies

Rediff.com12 Sep 2025

Stock market regulator Sebi's board on Friday cleared significant reforms, focusing on IPO regulations, simplified entry for foreign investors, and a new framework for anchor investors in public issues.

TCS board approves Rs 16,000 cr share buyback

TCS board approves Rs 16,000 cr share buyback

Rediff.com20 Feb 2017

The buyback is proposed to be made from the shareholders of the company on a proportionate basis under the tender offer route using the stock exchange mechanism.

Tata Trusts reappoints Venu Srinivasan for life; focus shifts to Mehli Mistry

Tata Trusts reappoints Venu Srinivasan for life; focus shifts to Mehli Mistry

Rediff.com21 Oct 2025

Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry's renewal, amid reported internal divisions within the organisation. The reappointment of Srinivasan this week, ahead of his term expiring on October 23, comes amid reports of a vertical split within Tata Trusts - with one faction said to align with Noel Tata, who took over as chairman following Ratan Tata's death, and the other comprising those seen as loyalists of the former doyen.

Chemplast Sanmar Board approves demerger of shippi

Chemplast Sanmar Board approves demerger of shippi

Rediff.com25 Jan 2003

The shipping undertaking consists of one ship, investment and advances to Sanmar Shipping Ltd through Polygon Holdings Ltd.

Al Falah University chancellor's brother arrested in fraud Case

Al Falah University chancellor's brother arrested in fraud Case

Rediff.com17 Nov 2025

The brother of the chancellor of Al Falah University, linked to the Delhi blast probe, has been arrested by Madhya Pradesh police from Hyderabad in connection with nearly 25-year-old fraud cases.

Axon board approves HCL offer

Axon board approves HCL offer

Rediff.com2 Oct 2008

British consultancy major Axon Group on Thursday decided to go ahead with a pound 441-million acquisition offer from HCL Technologies, while withdrawing its support to a smaller bid from Infosys.

HUL Sep quarter profit rises 3.8% to Rs 2,694 cr

HUL Sep quarter profit rises 3.8% to Rs 2,694 cr

Rediff.com23 Oct 2025

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported an increase of 3.8 per cent in consolidated net profit at Rs 2,694 crore for the second quarter ending September 2025. The company had logged a net profit of Rs 2,595 crore in the July-September quarter a year ago, the company said in a regulatory filing.

Sebi board okays new asset class, MF Lite rules

Sebi board okays new asset class, MF Lite rules

Rediff.com1 Oct 2024

The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, designed to offer greater flexibility to fund managers and target investors with a higher risk appetite. The markets regulator also cleared the liberalised Mutual Funds Lite (MF Lite) framework, aimed at fund houses that solely launch passively managed schemes. In another significant move, the board reduced the timeframe for rights issues from the current 317 working days to just 23.

'Some IPOs Underperformed Due To...'

'Some IPOs Underperformed Due To...'

Rediff.com6 Nov 2025

'...aggressive pricing amid volatility, but these are exceptions.'

With Rs 2k cr war chest, Force Motors gears up to expand global play

With Rs 2k cr war chest, Force Motors gears up to expand global play

Rediff.com16 Nov 2025

Force Motors, known for its shared mobility solutions, is gearing up to expand its presence in global markets and defence segment having consolidated its position in India by narrowing down on focus areas for profitable growth, according to managing director Prasan Firodia.

Privatisation of banks unlikely to hurt national interest: FM

Privatisation of banks unlikely to hurt national interest: FM

Rediff.com4 Nov 2025

Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.

Mirabai Chanu faces weight class shift at LA Olympics

Mirabai Chanu faces weight class shift at LA Olympics

Rediff.com4 Nov 2025

Mirabai Chanu's weight class axed from 2028 Olympics, to bulk up to 53kg for LA Games