News for 'Board of Approval'

IRDAI removes age limits on health insurance, huge relief for seniors

IRDAI removes age limits on health insurance, huge relief for seniors

Rediff.com20 Apr 2024

The move by the insurance regulatory body aims to create a more inclusive healthcare ecosystem in India and to encourage insurance provider companies to diversify their product offerings.

Sebi removed 15,000 sites with unauthorised advice in three months

Sebi removed 15,000 sites with unauthorised advice in three months

Rediff.com2 Sep 2024

Kamlesh Chandra Varshney, a whole-time member of the Securities and Exchange Board of India (Sebi), said on Friday that the market regulator in the last three months had removed around 15,000 content sites linked to unregistered finfluencers or providing unauthorised investment advice. Speaking at the Global Fintech Fest, he said there was successful engagement with the technology providers who are complying with the regulator's request.

'The Girls Said I Want To Play Football'

'The Girls Said I Want To Play Football'

Rediff.com15 Feb 2025

'When the girls said they want to play football, the mothers were encouraging.' 'It was the fathers who were against the idea.'

Delhi LG removes AAP govt nominees from discom boards

Delhi LG removes AAP govt nominees from discom boards

Rediff.com11 Feb 2023

The ruling Aam Aadmi Party termed the LG's orders removing Shah and Gupta from the boards of discoms "illegal and unconstitutional". The LG does not have the power to issue such orders, it claimed.

Cricket's expansion: Africa aims for IPL-like league

Cricket's expansion: Africa aims for IPL-like league

Rediff.com5 Nov 2024

The Africa Cricket Association (ACA) has started dialogue with the Asian Cricket Council (ACC) and other stakeholders to revive the once popular Afro-Asia Cup

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Rediff.com17 Jul 2024

The possible instances of front running at Quant Mutual Fund have likely pushed the Securities and Exchange Board of India (Sebi) to expedite the implementation of an institutional mechanism framework designed to curb such market abuses. This framework, approved by the Sebi board in April, was slated to take effect six months after its notification. But, recent developments have set the wheels of regulation turning faster.

Public sector banks may take QIP route to meet shareholding norm

Public sector banks may take QIP route to meet shareholding norm

Rediff.com26 Jul 2024

Public-sector lenders Indian Overseas Bank (IOB) and Uco Bank are likely to raise funds through qualified institutional placement (QIP) next month. Punjab & Sind Bank is likely to follow suit later this financial year to meet the public shareholding norm of 25 per cent. When a public-sector unit raises funds through QIP, the money goes to the company because it involves issuing new shares whereas in the case of offer for sale (OFS), the money raised goes to the government because its shares are sold.

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com27 Mar 2025

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

Celebrate 'Cow Hug Day' on Feb 14: Animal Welfare Board

Celebrate 'Cow Hug Day' on Feb 14: Animal Welfare Board

Rediff.com8 Feb 2023

The notice further said hugging cows will bring "emotional richness" and increase "individual and collective happiness".

Former Yorkshire chairman Graves apologises for racism

Former Yorkshire chairman Graves apologises for racism

Rediff.com11 Jan 2024

Former Yorkshire County Cricket Club chairman Colin Graves apologised to anyone who suffered racism at the club.

RCom board endorses 26% stake sale idea

RCom board endorses 26% stake sale idea

Rediff.com7 Jun 2010

Also mandates pursuing other consolidation options.

Indrani Mukerjea turns approver in INX media case

Indrani Mukerjea turns approver in INX media case

Rediff.com4 Jul 2019

The CBI had registered an FIR in the case on May 15, 2017 alleging irregularities in the FIPB clearance granted to the media group for receiving overseas funds to the tune of Rs 305 crore in 2007 during Chidambaram's tenure as finance minister.

SC sets aside NCLAT order against Byju's

SC sets aside NCLAT order against Byju's

Rediff.com23 Oct 2024

In a significant verdict, the Supreme Court on Wednesday set aside the National Company Law Appellate Tribunal's (NCLAT) verdict that had stopped insolvency proceedings against embattled ed-tech firm Byju's. A bench of Chief Justice D Y Chandrachud, and Justices J B Pardiwala and Manoj Misra also reversed the order of the NCLAT approving Byju's Rs 158.9 crore dues settlement with the Board of Control for Cricket in India (BCCI) and directed the cricket board to deposit the settlement amount of Rs 158.9 crore with a committee of creditors.

IPOs Soar on Bullish Market

IPOs Soar on Bullish Market

Rediff.com8 Sep 2024

The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy.

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

Rediff.com26 Sep 2023

While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.

Vande Bharat completes trial run in JK, reaches Srinagar

Vande Bharat completes trial run in JK, reaches Srinagar

Rediff.com25 Jan 2025

The train, on its maiden trial run, arrived at Srinagar station in the Nowgam area on Srinagar's outskirts from Katra in Jammu.

Lack of charging infra a shock for booming EV market

Lack of charging infra a shock for booming EV market

Rediff.com11 Feb 2025

Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.

Capello approved as England manager

Capello approved as England manager

Rediff.com14 Dec 2007

The Italian is set to succeed Steve McLaren as the next England football manager.

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

England's Pakistan tour hanging in balance

England's Pakistan tour hanging in balance

Rediff.com13 Sep 2024

'The Chairman has made it clear that relocating the series would damage the image of the PCB, and Rawalpindi and Multan should be used as the venues for the three-match series.'

Maruti Suzuki Q2 net profit dips 18%; revenue at Rs 37,449 cr

Maruti Suzuki Q2 net profit dips 18%; revenue at Rs 37,449 cr

Rediff.com29 Oct 2024

Maruti Suzuki India on Tuesday reported an 18 per cent year-on-year dip in consolidated net profit at Rs 3,102 crore for the second quarter ended September hit by the withdrawal of indexation benefit and change in the tax rate on long term capital gains on debt mutual funds. The country's largest carmaker had posted a net profit of Rs 3,786 crore in the July-September quarter of last fiscal.

New ICC chief Jay Shah to stay as BCCI secretary till December

New ICC chief Jay Shah to stay as BCCI secretary till December

Rediff.com24 Sep 2024

Jay Shah will not step down from his current role as BCCI Secretary during the upcoming AGM, as he is scheduled to assume his new position only from December 1.

Raveendran on why Byju's auditor BDO resigned

Raveendran on why Byju's auditor BDO resigned

Rediff.com7 Sep 2024

Byju's audit firm BDO had suggested backdating of reports, which the company refused, and their resignation is more of optics, a top official of the edtech firm alleged on Saturday. Speaking on the resignation of BDO as its audit firm, Byju's CEO Byju Raveendran told PTI that the auditors are the first to know about insolvency proceedings but they did not inform about it to the court-appointed insolvency resolution professional (IRP). "They have asked us to do multiple backdating of reports.

SC agrees to list plea related to Byju's insolvency proceedings

SC agrees to list plea related to Byju's insolvency proceedings

Rediff.com6 Sep 2024

The Supreme Court on Friday agreed to list for an early hearing the appeal of US-based creditor Glas Trust Company LLC against a judgment of the NCLAT, which had stayed insolvency proceedings against ed-tech firm Byju's and approving its Rs 158.9 crore dues settlement with the BCCI. A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra was urged by senior advocate NK Kaul, appearing for the ed-tech major, that the case needed to be heard at the earliest.

New ICC boss Jay Shah to continue as BCCI secretary till...

New ICC boss Jay Shah to continue as BCCI secretary till...

Rediff.com5 Sep 2024

No election for BCCI secretary's post at BCCI's Annual General Body Meeting later this month.

Team India's fate in Govt's hands

Team India's fate in Govt's hands

Rediff.com30 Sep 2024

It's up to the government to decide whether our team should go to any country or our team should not go to any country, BCCI vice-president Rajeev Shukla on India's travel to Pakistan for Champions Trophy in 2025.

E-portal for business approvals off to a brisk start

E-portal for business approvals off to a brisk start

Rediff.com17 Feb 2022

Nearly five months after its soft launch, the government's e-portal, the National Single Window System (NSWS), is seeing a significant increase in the number of investors using it to get a bunch of approvals for their ventures. The first clearance was granted on 18 January. Since then, the progress has been good. Out of the 1,258 registered users on the portal, 378 were registered in the last one week.

Infy board may consider share buyback, special dividend

Infy board may consider share buyback, special dividend

Rediff.com9 Jan 2019

According to the capital allocation policy approved by the shareholders in April last year, Infosys plans to give back around Rs 10,400 crore to shareholders by the end of this financial year.

Pakistan gets $70 million for hosting Champions Trophy

Pakistan gets $70 million for hosting Champions Trophy

Rediff.com1 Aug 2024

The ICC has approved a budget of approximately USD 70 million for holding the Champions Trophy in Pakistan early next year.

New era for yoga: Historic Asian Games debut looms

New era for yoga: Historic Asian Games debut looms

Rediff.com5 Sep 2024

If approved, yoga could debut as a demonstration sport in the 2026 Games in Nagoya, Japan, marking a significant milestone in its journey from a spiritual practice to a recognised competitive discipline.

HC directs MP to act on Union Carbide waste disposal in 6 weeks

HC directs MP to act on Union Carbide waste disposal in 6 weeks

Rediff.com7 Jan 2025

The Madhya Pradesh high court in Jabalpur on Monday directed the state government to take steps within six weeks for disposal of Bhopal-based Union Carbide's 337 tonnes of hazardous waste as per safety protocols, while restraining the media from publishing any fake news on the same.

Ready to pay entire money to lenders, if...: Byju

Ready to pay entire money to lenders, if...: Byju

Rediff.com17 Oct 2024

Troubled edtech firm Byju's founder Byju Raveendran on Thursday said that he is willing to pay back the entire money to lenders if they are willing to work with him. During a two-and-a-half-hour call with the media, Raveendran said that lenders will not get any money if the process of insolvency against the company continues. "If they are willing to work with me, I am willing to give them money back before I take a single rupee out.

Sensex jumps 349 points; Nifty scales fresh lifetime high

Sensex jumps 349 points; Nifty scales fresh lifetime high

Rediff.com20 Feb 2024

Among Sensex gainers, Power Grid jumped the most by 4.16 per cent after its board approved an investment of Rs 656 crore in transmission projects. Private lenders HDFC Bank, Axis Bank, Kotak Bank, IndusInd Bank and ICICI Bank were also among lead gainers. NTPC, Nestle and Hindustan Unilever also ended the session with gains.

Payout to top NBFC execs on RBI radar

Payout to top NBFC execs on RBI radar

Rediff.com5 Jul 2024

Payouts to key management personnel in non-banking financial companies (NBFCs) are under the banking regulator's scrutiny. Top industry officials said this is a follow-through on the Reserve Bank of India's (RBI's) circular of April 29, 2022, which asked NBFCs in the "middle" and "upper" layer of its four-tiered scale-based regulatory (SBR) framework to put in place a board-approved compensation policy.

IOC penalises IOA over ongoing internal row

IOC penalises IOA over ongoing internal row

Rediff.com11 Oct 2024

Withholds Olympic Solidarity fund

Munambam: The Politics Of Waqf Land

Munambam: The Politics Of Waqf Land

Rediff.com27 Nov 2024

The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.

SBI's Q1 net profit almost flat at Rs 17,035 crore

SBI's Q1 net profit almost flat at Rs 17,035 crore

Rediff.com3 Aug 2024

State Bank of India (SBI) on Saturday reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year. The country's biggest lender had posted a net profit of Rs 16,884 crore in the April-June quarter of 2023-24. The bank's total income increased to Rs 122,688 crore in the first quarter against Rs 108,039 crore a year ago, SBI said in a regulatory filing.

Why RBI Flagged Small Loans As Risky

Why RBI Flagged Small Loans As Risky

Rediff.com6 Aug 2024

In FY24, loans given out by such firms had topped a whopping Rs 146,517 crore, up by 49 per cent year-on-year and spread over 10.19 million accounts (up 35 per cent).

The two contenders to replace Jay Shah as BCCI secretary

The two contenders to replace Jay Shah as BCCI secretary

Rediff.com28 Sep 2024

Anil Patel, the secretary of Gujarat Cricket Association and Rohan Jaitley, son of late Arun Jaitley and the president of the Delhi and District Cricket Association are the two names in running to take over as BCCI secretary.

Jolt for transgender cricketers in England

Jolt for transgender cricketers in England

Rediff.com18 Oct 2024

In March, the United Kingdom's then sports minister Lucy Frazer called on sporting bodies in the country to reassess their rules on transgender athletes competing in women's sports to ensure fairness.