News for 'Board of Approval'

COVAX urges equal recognition of WHO approved vaccines

COVAX urges equal recognition of WHO approved vaccines

Rediff.com2 Jul 2021

Calling for 'equal recognition of vaccines', COVAX on Thursday urged all governments to recognise as 'fully vaccinated' those people who have received COVID-19 vaccines deemed safe by World Health Organisation, saying any move that restricts travel of people based on the vaccines they have received is 'counter-effective, both in spirit and outcome'.

Markets Calm, MF Launches Accelerate

Markets Calm, MF Launches Accelerate

Rediff.com15 Jun 2024

'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'

Would love to play Test against Pakistan, says Rohit

Would love to play Test against Pakistan, says Rohit

Rediff.com18 Apr 2024

India captain Rohit Sharma says he wouldn't mind playing Tests against Pakistan at a neutral venue as it would be a "great contest" against the "superb bowling line-up" of the arch-rivals.

FIH names Sreejesh as co-chair of Athletes Committee

FIH names Sreejesh as co-chair of Athletes Committee

Rediff.com28 Mar 2024

The FIH Athletes Committee serves as a consultative body and makes recommendations to the FIH Executive Board, FIH Committees, Advisory Panels and other bodies.

Govt approves 8.5% interest rate on EPF for FY'21

Govt approves 8.5% interest rate on EPF for FY'21

Rediff.com29 Oct 2021

The government has approved 8.5 per cent rate of interest on employees' provident fund for the 2020-21 fiscal, a source said. Just ahead of Diwali, this is a good news for over five crore subscribers of the Employees Provident Fund Organisation (EPFO). The 8.5 per cent rate of interest on provident fund deposits for the last financial year was decided by the EPFO's apex decision making body Central Board of Trustees (CBT) headed by Labour Minister in March this year.

SpiceJet interested in buying bankrupt Go First

SpiceJet interested in buying bankrupt Go First

Rediff.com19 Dec 2023

SpiceJet on Tuesday said it has expressed interest to acquire Go First and plans to submit its offer after carrying out due diligence of the bankrupt carrier. Go First, which stopped flying since May 3 amid financial woes mainly triggered by Pratt & Whitney engine issues, is undergoing an insolvency resolution process.

Centre may not approve SilverLine project because of protests: Pinarayi

Centre may not approve SilverLine project because of protests: Pinarayi

Rediff.com14 Jun 2022

The SilverLine project, which is expected to considerably reduce travel time from Kasaragod to Thiruvananthapuram, cannot be implemented without approval from the Centre which appears to be giving it a second thought in view of the United Democratic Front and Bharatiya Janata Party's opposition to it, Kerala Chief Minister Pinarayi Vijayan said on Tuesday.

Paytm can continue UPI transactions through 4 banks

Paytm can continue UPI transactions through 4 banks

Rediff.com14 Mar 2024

The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.

Barcelona announce board changes after resignations

Barcelona announce board changes after resignations

Rediff.com14 Apr 2020

The departing directors had criticised the club's handling of a social media scandal and expressed doubts about the board's ability to handle the implications of the COVID-19 pandemic, which has led to a 70% players' pay cut.

Crypto Investments: Brace For Volatility, Regulation Threat

Crypto Investments: Brace For Volatility, Regulation Threat

Rediff.com24 Jan 2024

Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.

Aircel-Maxis case: Chidambaram, son Karti summoned on Dec 20

Aircel-Maxis case: Chidambaram, son Karti summoned on Dec 20

Rediff.com27 Nov 2021

A Delhi court on Saturday took cognisance of the chargesheets filed by the Central Bureau of Investigation and the Enforcement Directorate against former Union minister P Chidambaram and his son Karti in the Aircel-Maxis case and summoned them on December 20.

'Demand will come back after the elections'

'Demand will come back after the elections'

Rediff.com16 Jun 2024

'The Budget will be positive, continuing on the path of growth taken so far.'

ICC approves concussion substitutes in cricket

ICC approves concussion substitutes in cricket

Rediff.com19 Jul 2019

The incoming player, who will be allowed to bat and bowl, must be deemed a "like for like" replacement approved by the match referee.

LG recommends NIA probe against Kejriwal for funding from banned SFJ

LG recommends NIA probe against Kejriwal for funding from banned SFJ

Rediff.com6 May 2024

Delhi Lt Governor V K Saxena has recommended an NIA probe against Chief Minister Arvind Kejriwal for allegedly receiving political funding from the banned terrorist organisation 'Sikhs for Justice', Raj Niwas sources said on Monday.

'Pakistan stars prioritise T20 leagues over country'

'Pakistan stars prioritise T20 leagues over country'

Rediff.com26 Jan 2024

Pakistan's on-field performances not affected by frequent changes in PCB, says acting chairman

Swiatek outlasts Sabalenka in Madrid Open final

Swiatek outlasts Sabalenka in Madrid Open final

Rediff.com5 May 2024

World number one Iga Swiatek edged Aryna Sabalenka 7-5, 4-6 7,-6(7) in a gripping and gruelling Madrid Open final to win the title for the first time on Saturday in what was a repeat of last year's summit clash at the WTA 1000 claycourt tournament.

ICC approves biomechanics lab in Lahore

ICC approves biomechanics lab in Lahore

Rediff.com25 Jul 2019

The lab is run at the Lahore University of Management Sciences and becomes the fifth biomechanics lab to be approved by ICC.

Covid curbs: Not allowed to board, Delhiites vandalise buses

Covid curbs: Not allowed to board, Delhiites vandalise buses

Rediff.com30 Dec 2021

Police used mild force to disperse the crowd and five people have been detained, officials said.

Siemens' strong July-September quarter results fail to cheer markets

Siemens' strong July-September quarter results fail to cheer markets

Rediff.com7 Dec 2023

Siemens reported solid results in the July-September quarter (fourth quarter, or Q4) of 2022-23 (FY23), with the top line growing 25 per cent year-on-year (Y-o-Y) to Rs 5,808 crore. The operating profit margin stood at 12.1 per cent, led by lower employee costs and other operating expenses. The company follows the October-September financial year.

India urges Iran to release 40 sailors detained from 4 ships

India urges Iran to release 40 sailors detained from 4 ships

Rediff.com15 May 2024

Ports, Shipping and Waterways Minister Sarbananda Sonowal made the request during a meeting with Iranian Foreign Minister Hossein Amir-Abdollahian in Tehran on Monday.

Board gives 'in-principle' nod for SBI to invest in Yes Bank

Board gives 'in-principle' nod for SBI to invest in Yes Bank

Rediff.com6 Mar 2020

The SBI board has given the largest lender an "in-principle" approval to invest in the capital-starved Yes Bank. The central board of SBI discussed the matter at a meeting on Thursday, it informed the exchanges.

Explained: How National Testing Agency functions

Explained: How National Testing Agency functions

Rediff.com27 Jun 2024

Here is an explainer on the functioning of the seven-year-old body.

AIFF likely to implement Additional Video Review System

AIFF likely to implement Additional Video Review System

Rediff.com6 Jan 2024

Several countries across the globe use VAR in their domestic club competitions after it was first introduced in Australia and the United States.

Ramleela play: Prof, 5 students get bail; Pune varsity to probe incident

Ramleela play: Prof, 5 students get bail; Pune varsity to probe incident

Rediff.com4 Feb 2024

The play by the Lalit Kala Kendra, officially called the Centre for Performing Arts, was based on the backstage banter of actors who perform various roles in 'Ramleela'.

Bajaj Auto's m-cap surpasses Rs 2 trillion-mark on Rs 4,000-crore buyback

Bajaj Auto's m-cap surpasses Rs 2 trillion-mark on Rs 4,000-crore buyback

Rediff.com17 Jan 2024

Bajaj Auto's market capitalisation (market cap) hit Rs 2 trillion mark for the first time. The stock of the two and three-wheeler major rallied 6 per cent to hit a new high of Rs 7,420 on the BSE in Tuesday's (January 9) intraday trade after its board approved Rs 4,000 crore share buyback at Rs 10,000 per share. The stock ended the day at Rs 7,093.75, up 1.55 per cent and its market cap a shade above Rs 2 trillion.

Adani hikes stake in flagship firm

Adani hikes stake in flagship firm

Rediff.com21 Aug 2023

Billionaire Gautam Adani-led promoter group has increased its stake in the group's flagship firm as the ports-to-energy conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research. Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing. Promoter group firm Kempas Trade and Investment Ltd, which had a minimal stake in the firm, acquired 2.22 per cent in the open market between August 7 and August 18, it said.

BCCI has got government approval for IPL in UAE: Patel

BCCI has got government approval for IPL in UAE: Patel

Rediff.com10 Aug 2020

The Board of Control for Cricket in India has received the central government's formal approval to conduct this year's Indian Premier League in the UAE, IPL chairman Brijesh Patel said on Monday. The IPL will be held in the UAE from September 19 to November 10 in three cities -- Sharjah, Abu Dhabi and Dubai.

Sebi tightens IPO rules; mandates stricter norms for issuer

Sebi tightens IPO rules; mandates stricter norms for issuer

Rediff.com30 Sep 2022

Tightening Initial Public Offering (IPO) norms, capital markets regulator Sebi on Friday cleared the proposal mandating the issuers to disclose the offer price based on past transactions and fund raising activities. In addition, the board of Sebi approved a proposal introducing an alternative mechanism by permitting "pre-filing" of offer documents for companies contemplating IPOs. Under this, an issuer should make "pre-filing" of offer documents with Sebi and stock exchanges without making it available to the public for an initial scrutiny period only.

ICC moves U-19 World Cup from Sri Lanka to South Africa

ICC moves U-19 World Cup from Sri Lanka to South Africa

Rediff.com21 Nov 2023

The ICC on Tuesday moved next year's men's U-19 World Cup from Sri Lanka to South Africa, 11 days after the world governing body provisionally suspended the island nation's cricket board due to government interference.

Getting future-ready: Govt may tweak IBC to factor in climate change

Getting future-ready: Govt may tweak IBC to factor in climate change

Rediff.com7 May 2024

The government is contemplating changes to the Insolvency and Bankruptcy Code (IBC) to deal with environmental claims and liabilities of defaulting companies to make the law future-ready and meet climate action goals, sources told Business Standard. Currently, the IBC has various categories of claims and creditors, including those related to environmental liabilities.

Iran Prez dies in helicopter crash; Mohammad Mokhber to takeover

Iran Prez dies in helicopter crash; Mohammad Mokhber to takeover

Rediff.com20 May 2024

Nine people were on the helicopter that crashed in northwest Iran on Sunday, including three officials, an imam, and flight and security team members, as reported by Tasnim news.

Vi mulls rolling out 5G on large scale in 6 months

Vi mulls rolling out 5G on large scale in 6 months

Rediff.com17 May 2024

Debt-ridden Vodafone Idea is planning to begin 5G rollout in six months in select cities and places where 5G device concentration is high, a senior company official said on Friday. Vodafone Idea CEO Akshaya Moondra said the company expects capital expenditure of the company to be in the range of Rs 50,000-Rs 55,000 crore over the next three years with focus on expanding and strengthening 4G coverage.

Wipro's share buyback decision on Oct 13 board meeting

Wipro's share buyback decision on Oct 13 board meeting

Rediff.com9 Oct 2020

The company, which in the previous quarter announced former Capgemini top executive Thierry Delaporte as its new chief executive officer and managing director, is looking at improving its performance in coming quarters.

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

Rediff.com16 May 2024

The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. During the meeting, ARCs will also seek clarity from the regulator on bank borrowing. While there is no regulatory ban in place, ARC sources said banks often refuse funding.

The Machine That Saved Tanishq

The Machine That Saved Tanishq

Rediff.com29 Aug 2024

Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.

SC approves Navlakha's house arrest, with strict conditions

SC approves Navlakha's house arrest, with strict conditions

Rediff.com10 Nov 2022

The Supreme Court on Thursday allowed jailed activist Gautam Navlakha's request for house arrest, saying prima facie there is no reason to reject his medical report.

IL&FS board faces challenges as resolution takes a Covid-19 knock

IL&FS board faces challenges as resolution takes a Covid-19 knock

Rediff.com14 Sep 2020

With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.

Adani hikes stake in two group companies

Adani hikes stake in two group companies

Rediff.com10 Sep 2023

Billionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies, as the ports-to-energy conglomerate continues to work on a claw back strategy after being hit by damaging reports. The promoter group has increased stake in flagship Adani Enterprises to 71.93 per cent from 69.87 per cent, according to stock exchange filings. This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses.

RBI directs pvt banks to have at least two wholetime directors

RBI directs pvt banks to have at least two wholetime directors

Rediff.com26 Oct 2023

In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI's approval within four months. Banks need prior approval from the banking regulator for the appointment of wholetime directors.

NSE indefinitely defers the internal limit for trading hour extension

NSE indefinitely defers the internal limit for trading hour extension

Rediff.com13 Dec 2023

The National Stock Exchange (NSE) of India is going to indefinitely defer the internal deadline set for extending trading hours, according to sources in the know. The exchange aimed to introduce a three-hour evening session exclusively for index derivatives by March 2024, contingent upon regulatory clearance from the Securities and Exchange Board of India (Sebi). Sources indicate that the market regulator has not provided a favourable indication, dimming optimism surrounding the proposal.