News for 'Board of Approval'

Biocon launches diabetes & obesity drugs in Netherlands

Biocon launches diabetes & obesity drugs in Netherlands

Rediff.com16 Dec 2025

Biocon Limited has launched its GLP-1 peptide, liraglutide, for the treatment of diabetes and obesity in the Netherlands, as the biopharmaceutical firm positions itself as a global player in the fast-growing diabetes and obesity market currently dominated by the likes of Novo Nordisk and Eli Lilly.

'Bangladesh-Pakistan-China Nexus Is Alarming'

'Bangladesh-Pakistan-China Nexus Is Alarming'

Rediff.com13 Jan 2026

'Should China's interest in the Teesta River projects be approved, it would likely result in heightened Chinese presence near the Siliguri corridor.'

Public NBFCs eye Rs 24K cr via bonds

Public NBFCs eye Rs 24K cr via bonds

Rediff.com22 Nov 2025

Ahead of the Reserve Bank of India's (RBI's) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) - the National Bank for Agriculture and Rural Development (Nabard), Small Industries Development Bank of India (Sidbi), Power Finance Corporation (PFC), and Indian Railway Finance Corporation (IRFC) - plan to raise up to Rs 24,000 crore together through bond issuancesk.

Insurance industry flags concerns over proposed Insurance Amendment Bill

Insurance industry flags concerns over proposed Insurance Amendment Bill

Rediff.com24 Dec 2025

The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of the insurance business, according to industry experts.

AIFF's 20-year blueprint to rescue Indian Super League

AIFF's 20-year blueprint to rescue Indian Super League

Rediff.com26 Dec 2025

If all goes well, the new season of ISL may start in the first week of February.

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.

Corporate Ministry Seeks Cabinet OK For 50 NCLT Courts

Corporate Ministry Seeks Cabinet OK For 50 NCLT Courts

Rediff.com19 Dec 2025

Various stakeholders told the committee that there is a need for expanding judicial capacity or restructuring the adjudicatory process by increasing the number of benches and also enhancing financial allocation for improvement of infrastructure.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 Jan 2026

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

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.

Rs 60,000 per day! Huge pay hike for women cricketers

Rs 60,000 per day! Huge pay hike for women cricketers

Rediff.com22 Dec 2025

The BCCI has more than doubled the match fees of women cricketers and officials in domestic cricket, a move triggered by India's maiden ODI World Cup triumph and aimed at creating a more equitable pay structure across the circuit.

Govt has infused over Rs 3,100 cr in women-led startups in 6 years

Govt has infused over Rs 3,100 cr in women-led startups in 6 years

Rediff.com22 Dec 2025

The government has infused over Rs 3,100 crore into women-led startups over the past six years, through its three schemes including the Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to boost female entrepreneurship across the country, according to an update shared by the Ministry of Commerce and Industry.

Asim Munir becomes more powerful, elevated as Pak's 1st Chief Of Defence Forces

Asim Munir becomes more powerful, elevated as Pak's 1st Chief Of Defence Forces

Rediff.com5 Dec 2025

Asim Munir, who was promoted to the Field Marshal rank this year, will also simultaneously hold the office of the Chief of Army Staff, along with his duties as CDF.

Loan growth, margins set to improve for banks in Q3

Loan growth, margins set to improve for banks in Q3

Rediff.com8 Jan 2026

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.

100% FDI in insurance likely soon

100% FDI in insurance likely soon

Rediff.com13 Dec 2025

The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.

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.

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.

Sebi panel seeks overhaul of conflict-of-interest, disclosure norms

Sebi panel seeks overhaul of conflict-of-interest, disclosure norms

Rediff.com13 Nov 2025

All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple stages - at the time of appointment, annually, upon key events, and at exit. This is part of a series of recommendations by a high-level committee constituted by the markets regulator in a bid to overhaul conflict-of-interest and disclosure rules.

Assam To Honour 818 Young Writers

Assam To Honour 818 Young Writers

Rediff.com25 Dec 2025

Books will be included as part of gifts at government functions, alongside the traditional gamusa, to underline the government's message that books must return to the centre of public life.

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.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Neville Tata Steps Out Of Shadow

Neville Tata Steps Out Of Shadow

Rediff.com24 Nov 2025

As the business head of Trent Hypermarket, Neville ensures that customers receive high-quality products that adhere to Tata standards.

Bombay HC Flags Misuse Of Petitions To Sabotage IPOs

Bombay HC Flags Misuse Of Petitions To Sabotage IPOs

Rediff.com26 Dec 2025

While not all complaints are frivolous, experts say petitions timed close to an IPO or listing often raise concerns about mala fide intent.

Why there's uncertainty around Neeraj Chopra's season opener

Why there's uncertainty around Neeraj Chopra's season opener

Rediff.com3 Jan 2026

Chopra focussing on rehabilitation of his back injury, season opener not known yet: Sumariwalla

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

Indian football shake-up: ISL clubs want full control

Indian football shake-up: ISL clubs want full control

Rediff.com19 Dec 2025

Indian Super League (ISL) clubs on Friday formally proposed a fundamental restructuring of the country's top-tier professional football league, seeking perpetual operational and commercial rights for a club-owned league model while retaining the All India Football Federation (AIFF) as the sport's regulator.

OCL India board approves buyback

OCL India board approves buyback

Rediff.com18 Jan 2003

OCL India Ltd has informed BSE that the board of directors at its meeting held on Saturday has decided that a maximum of 11,83,708 fully paid up equity shares of Rs 10 each be bough back at a price of Rs 80 per share.

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.

ICC board approves rollback of 'Big Three' decision

ICC board approves rollback of 'Big Three' decision

Rediff.com27 Apr 2017

The International Cricket Council's (ICC) board has voted to pass a new financial model to reverse a 2014 decision which effectively put India, England and Australia in control of the game's finances and administration.

Zydus PAT rises 38% on strong India, US growth

Zydus PAT rises 38% on strong India, US growth

Rediff.com7 Nov 2025

Ahmedabad-headquartered Zydus Lifesciences posted a 17 per cent year-on-year (Y-o-Y) rise in revenue from operations to Rs 6,123 crore, while the net profit increased by 38 per cent to Rs 1,258.6 crore aided by consistent performance in the US and India formulations businesses.

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.

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

Rediff.com31 Oct 2025

Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.

PT Usha confident India will win 2030 CWG bid

PT Usha confident India will win 2030 CWG bid

Rediff.com21 Nov 2025

Indian Olympic Association president P T Usha is confident about securing the hosting rights of the 2030 Centenary Commonwealth Games during the Commonwealth Sport General Assembly in Glasgow on November 26.

PSU banks write off loans worth Rs 6.15 lakh cr in last 5.5 years

PSU banks write off loans worth Rs 6.15 lakh cr in last 5.5 years

Rediff.com8 Dec 2025

Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.

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.

Malaysia's IHH plans India expansion after Fortis open offer

Malaysia's IHH plans India expansion after Fortis open offer

Rediff.com16 Dec 2025

After completion of its mandatory tender offer in Fortis Healthcare and Fortis Malar Hospitals, Malaysian health care giant IHH Healthcare is aiming to add 2,000 beds in a bid to double down on value creation in India. IHH, which is Asia's largest multinational private healthcare provider, currently has over 5,000 beds across a combined network of 35 hospitals and 11 states.

Sebi Overhauls MF Framework, Stockbroking Rules

Sebi Overhauls MF Framework, Stockbroking Rules

Rediff.com18 Dec 2025

The Securities and Exchange Board of India (Sebi) on Wednesday overhauled the cost framework for the 80 trillion domestic mutual fund (MF) industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on asset managers.

Prosus says India as one of its most critical growth markets

Prosus says India as one of its most critical growth markets

Rediff.com25 Dec 2025

Prosus, the Amsterdam-based technology investor with net assets valued at over $200 billion spanning payments to e-commerce, has identified India as one of its most critical growth markets, and is increasing its strategic investments here.

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.