News for 'Board of Approval'

IndiGo crew sought to enter Pak airspace, confirms DGCA

IndiGo crew sought to enter Pak airspace, confirms DGCA

Rediff.com23 May 2025

An IndiGo flight from Delhi to Srinagar encountered severe turbulence near Pathankot on Wednesday, prompting the crew to request permission to enter Pakistani airspace to avoid the weather. However, their request was denied. The aircraft, an A321 neo operating flight 6E 2142, experienced hailstorm and turbulence, triggering various warnings and forcing the autopilot to trip. The crew managed to safely land the aircraft in Srinagar after a harrowing experience. The incident is under investigation by the Directorate General of Civil Aviation (DGCA), which confirmed there were no injuries to passengers but noted damage to the aircraft's nose radome.

'I won't be intimidated': Boxing champ slams Trump

'I won't be intimidated': Boxing champ slams Trump

Rediff.com19 Mar 2025

Imane Khelif, who won Paris Olympics boxing gold amid a gender-eligibility row, is determined to defend her title at the 2028 Los Angeles Games

'Biggest Problem Industrialists Face Is From Politicians'

'Biggest Problem Industrialists Face Is From Politicians'

Rediff.com7 Jul 2025

'If you don't fulfil whatever they ask, you are in trouble.'

Will BJP Be The New Congress?

Will BJP Be The New Congress?

Rediff.com4 Jul 2025

Only in the event of the RSS managing to force Modi into accepting a consensual candidate, will the party not continue to 'being' the 'next Congress', observes Nilanjan Mukhopadhyay.

BCCI to players: Obey new rules or face IPL ban, fee cuts

BCCI to players: Obey new rules or face IPL ban, fee cuts

Rediff.com17 Jan 2025

BCCI unveils 10-point diktat: Domestic cricket must, restriction on personal staff, family stay on tours

Cricket back in Asian Games: 2026 edition to feature T20s

Cricket back in Asian Games: 2026 edition to feature T20s

Rediff.com30 Apr 2025

The Olympic Council of Asia (OCA) has confirmed that cricket will be included in the 2026 Asian Games in Aichi-Nagoya, Japan.

Pak gets $1 bn as second tranche from IMF; budget under scanner

Pak gets $1 bn as second tranche from IMF; budget under scanner

Rediff.com14 May 2025

The disbursement of the second tranche comes on a day when the International Monetary Fund is holding virtual discussions on Pakistan's upcoming budget, as the visit of its mission to Islamabad was delayed due to security concerns in the region.

Why Disney-Reliance merger faces hurdle

Why Disney-Reliance merger faces hurdle

Rediff.com21 Aug 2024

The CCI has asked the companies to explain within 30 days why an investigation should not be ordered.

SL's parliament tells 'corrupt' cricket board to resign

SL's parliament tells 'corrupt' cricket board to resign

Rediff.com9 Nov 2023

Sri Lanka's parliament unanimously passed a resolution on Thursday, calling for the sacking of the country's cricket governing body, with both the ruling and opposition parties supporting it.

'They Don't Want To Hear The Word Waqf'

'They Don't Want To Hear The Word Waqf'

Rediff.com15 May 2025

'So, they have taken away the word Waqf from the Bill.' 'It will now be known as the UMEED Act.'

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Rediff.com17 Jan 2025

IT services company Wipro on Friday reported a 24.4 per cent year-on-year rise in its consolidated net profit for the just-ended December quarter at about Rs 3,354 crore. The Bengaluru-based tech major saw its revenue from operations inch up by 0.5 per cent to about Rs 22,319 crore.

ONGC approves stock split, bonus issue

ONGC approves stock split, bonus issue

Rediff.com16 Dec 2010

ONGC will split equity shares of Rs 10 face value into two shares of Rs 5 face value. Furthermore, the board approved a 1:1 bonus share issue - one new share being issued for every existing equity held by shareholders - as a precursor to the company's planned follow-on public offer (FPO) in March, 2011.

Why India's medical device makers are moving to Vietnam, Malaysia

Why India's medical device makers are moving to Vietnam, Malaysia

Rediff.com14 Mar 2025

A large number of medical device-manufacturing units have been forced to move to Vietnam and Malaysia due to delays, inconsistent timelines, and a lack of transparency in licensing processes, according to the Parliamentary Standing Committee on Health and Family Welfare.

RIL seeks postal ballot for Ambani third-gen's board appointment

RIL seeks postal ballot for Ambani third-gen's board appointment

Rediff.com26 Sep 2023

Oil to telecom conglomerate Reliance Industries (RIL) has initiated the process to seek shareholders' approval for the appointment of the third generation of the Ambani family on the company's board. The remote voting through postal ballot will start from September 27 onwards. In a separate note, CreditSights said a trust and hold-co model could be a possibility for the anticipated succession at RIL.

Third term: Why Modi's position remains solid despite 2024 jolt

Third term: Why Modi's position remains solid despite 2024 jolt

Rediff.com8 Jun 2025

While the BJP went back to the drawing board to recraft its political and governance outreach and regained momentum by notching up surprisingly big wins in a string of assembly polls, the burst of fresh optimism in the main opposition Congress and other INDIA bloc parties fizzled out.

Asset quality risk, a worry for IndusInd

Asset quality risk, a worry for IndusInd

Rediff.com6 Nov 2024

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.

Parliament passes Waqf bill after RS nod by 128-95 votes

Parliament passes Waqf bill after RS nod by 128-95 votes

Rediff.com4 Apr 2025

The Waqf (Amendment) Bill, 2025 was passed in the Lok Sabha early Thursday, with 288 members supporting it and 232 against it.

IndusInd Bank appoints firm to probe accounting discrepancies

IndusInd Bank appoints firm to probe accounting discrepancies

Rediff.com21 Mar 2025

IndusInd Bank has appointed a professional firm to conduct investigation for identifying the root cause of accounting discrepancies relating to its derivatives portfolio. As per an estimate, Rs 2,100 crore discrepancy in accounting may impact 2.35 per cent of the Bank's net worth.

Punit Goenka resigns as managing director of Zee; appointed CEO

Punit Goenka resigns as managing director of Zee; appointed CEO

Rediff.com19 Nov 2024

Punit Goenka has resigned as the managing director of Zee Entertainment and has been appointed as CEO to have his focus entirely on operational responsibilities assigned to him by the board of the company. The board has "accepted the resignation of Punit Goenka as managing director of the company and appointed him as CEO," said Zee Entertainment in a regulatory update.

Virat Kohli forced to miss Ranji match

Virat Kohli forced to miss Ranji match

Rediff.com18 Jan 2025

Virat Kohli will miss Delhi's upcoming Ranji Trophy match against Saurashtra due to persistent neck stiffness.

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

Kohli Revolts Against BCCI Family Rule

Kohli Revolts Against BCCI Family Rule

Rediff.com19 Mar 2025

'Players can apply for permission if they want their families to stay longer on tours.' 'The BCCI will make a decision as it sees fit.'

Allianz to explore new avenues in India after exit from Bajaj JVs

Allianz to explore new avenues in India after exit from Bajaj JVs

Rediff.com26 Mar 2025

Munich-based Allianz will explore new opportunities in the Indian insurance market not only as an investor but also as an operator, the company told Business Standard on Tuesday. "India will continue to be one of Allianz's main growth markets, and Allianz will explore new opportunities to further grow its participation in the Indian insurance market in the future, not only as an investor but also as an operator," the company said.

When an airport opened for longer hours for Pahalgam victims

When an airport opened for longer hours for Pahalgam victims

Rediff.com24 Apr 2025

On Wednesday, Surat airport remained operational for an extra one hour waiting for the landing of an Air India Express flight that took off more than an hour late from the national capital.

Is this why govt sacked Subramanian as IMF exec director?

Is this why govt sacked Subramanian as IMF exec director?

Rediff.com6 May 2025

The Congress party in India has accused the government of "impropriety" in the sudden termination of KV Subramanian's position as India's executive director at the IMF, alleging it was linked to the Union Bank of India's purchase of two lakh copies of his book. The party also questioned the government's stance on Pakistan's request for a loan from the IMF.

Working Post Maternity Like Deepika? Know Your Rights

Working Post Maternity Like Deepika? Know Your Rights

Rediff.com10 Jun 2025

Shruti Swaroop, founder of Embrace Consulting, tells you why Deepika Padukone's quiet protest should inspire you to understand your maternity benefits and plan your return to work with confidence, not compromise.

Religare: Sebi rejects open offer by US-based entity

Religare: Sebi rejects open offer by US-based entity

Rediff.com28 Jan 2025

Capital market regulator Sebi on Tuesday rejected the competing open offer made by the US-based entity Danny Gaekwad Developments & Investments for acquisition of Religare Enterprises Ltd (REL) as it did not meet necessary regulations.

Queue for MF licences thins amid quick Sebi approval, withdrawals

Queue for MF licences thins amid quick Sebi approval, withdrawals

Rediff.com15 Nov 2023

The queue for mutual fund (MF) licences has thinned down due to quick clearances by the Securities and Exchange Board of India (Sebi) alongside applications being withdrawn amid regulatory changes. There were, at the end of September, only two pending MF applications: By AngelOne and Unifi Capital. By comparison, there were 11 applications lying before the market regulator at the start of calendar year 2023.

Australia's Khawaja flies to India after visa approved

Australia's Khawaja flies to India after visa approved

Rediff.com2 Feb 2023

Australia opener Usman Khawaja will join his Test team mates in India later on Thursday following a delayed approval of his visa.

NSE defers switching to Monday expiry after Sebi's consultation paper

NSE defers switching to Monday expiry after Sebi's consultation paper

Rediff.com28 Mar 2025

The National Stock Exchange (NSE) has deferred its plan to change the expiry day of all index and stock derivatives to Monday from Thursday until further notice following markets regulator Sebi's consultation paper. The shift, which was scheduled to take effect on April 4, 2025, would have seen all index and stock derivative contracts move from Thursday to Monday.

No need to worry: Bandhan Bank's outgoing chief writes to employees

No need to worry: Bandhan Bank's outgoing chief writes to employees

Rediff.com11 Apr 2024

Bandhan Bank's managing director (MD) and chief executive officer (CEO) Chandra Shekhar Ghosh (pictured), who has decided to step down, on Wednesday said the bank will need at least three months to identify his successor. He has also written to his employees, asking them "not to worry" over his surprise decision. "Whatever, our experience in the earlier selections, when we selected two executive directors on the basis of that experience we need a minimum three months of time for selection of candidates and then it will go to RBI and then whatever is the time taken by RBI for approval," Ghosh said.

Keep religious minorities out of UCC, Muslim law board urges law panel

Keep religious minorities out of UCC, Muslim law board urges law panel

Rediff.com5 Jul 2023

The AIMPLB is of the view that not only tribals but every religious minority should also be kept out of the purview of UCC, he said.

Unique move: Uttarakhand backs soldiers' right on waqf property

Unique move: Uttarakhand backs soldiers' right on waqf property

Rediff.com28 Oct 2024

They stated that when a soldier fights for the nation, he does so not as a Hindu, Muslim, or any other religion, but as a patriot.

Why This Banker Didn't Get Promoted!

Why This Banker Didn't Get Promoted!

Rediff.com2 May 2025

The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?

Isha, Akash, Anant Ambani appointed to Reliance board

Isha, Akash, Anant Ambani appointed to Reliance board

Rediff.com28 Aug 2023

Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.

TOPS approves Bajrang, Vinesh's request

TOPS approves Bajrang, Vinesh's request

Rediff.com21 Mar 2023

Star wrestlers Bajrang Punia and Vinesh Phogat's request to train in Kyrgyzstan and Poland respectively was approved by TOPS.

The Harsh Reality For Wayanad Survivors

The Harsh Reality For Wayanad Survivors

Rediff.com27 Mar 2025

In Kerala's society, known for its high material standard of living, plunging into a state of having nothing overnight can be terrible for one's social standing and sense of self-esteem. Rehabilitation entails piecing a community back together after a disturbance and while its aim is noble, the act of reassembling will bring alive disparities and inequalities, explains Shyam G Menon.

Banks set to make treasury gains in Q4 FY25 as bond yields soften

Banks set to make treasury gains in Q4 FY25 as bond yields soften

Rediff.com31 Mar 2025

Banks are set to make treasury gains in the fourth quarter of the current financial year (2024-25) as the yield on government bonds has softened so far this quarter, driven by strong inflows into the debt segment, market participants said. The yield on the 10-year benchmark government bond fell 8 basis points (bps) in the previous week - the steepest weekly decline in four months, since November 30, 2024 - to settle at 6.62 per cent.

RBI seeks details of select NBFCs' loan book growth

RBI seeks details of select NBFCs' loan book growth

Rediff.com25 Sep 2024

The Reserve Bank of India (RBI) has sought granular data from select non-banking financial companies (NBFCs) on their loan book growth. The details sought are on the outstanding product-wise portfolio and the annualised interest charged on them. The annualised interest slabs mentioned are as follows: less than 10 per cent, 10-20 per cent, 20-30 per cent, 30-40 per cent, 40-50 per cent, and above 50 per cent.

Practice of permanent board seats at listed companies likely to end

Practice of permanent board seats at listed companies likely to end

Rediff.com22 Feb 2023

The Securities and Exchange Board of India (Sebi) has proposed to put a stop to the practice of certain directors occupying permanent board seats at listed companies. The regulator has suggested that the directorship of any individual serving on the board should be subject to periodic approval from shareholders, at least once in five years. In a discussion paper issued on Tuesday, Sebi said a few promoters enjoyed permanency on the board, giving them an undue advantage, prejudicial to the interests of public shareholders.