News for 'Board of Approval'

IA board approves IPO

IA board approves IPO

Rediff.com31 Mar 2005

Indian Airlines' board has decided in-principle to tap the capital market through a public offer.

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.

Suzlon Energy board approves Rs 18 bn rights issue

Suzlon Energy board approves Rs 18 bn rights issue

Rediff.com29 Sep 2008

In a filing to the Bombay Stock Exchange, Suzlon Energy said the board has also approved increasing the private investment limit in one of its subsidiary to 17.1 per cent for a consideration of Rs 400 crore (Rs 4 billion). However, the company did not disclose where it would deploy the funds raised.

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.

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.

HDFC Bank board mulls bonus issue, special dividend

HDFC Bank board mulls bonus issue, special dividend

Rediff.com16 Jul 2025

HDFC Bank on Wednesday said its board in its meeting on July 19 will decide on issuing bonus shares and special interim dividend.

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.

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.

Year of the Woman: How India's Sportswomen Owned 2025

Year of the Woman: How India's Sportswomen Owned 2025

Rediff.com30 Dec 2025

They weren't up for a windfall even after the trophy but life was certain to get a lot better as some sponsors and state governments stepped up to lift them financially.

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.

'The Key Is Talent, Technology, Trust'

'The Key Is Talent, Technology, Trust'

Rediff.com30 Dec 2025

'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'

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.

IOC board approves IBP merger

IOC board approves IBP merger

Rediff.com28 Apr 2004

Indian Oil Corporation on Wednesday decided to merge its subsidiary IBP with itself.

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.

Air India grounds engineer as A320 flights operated without valid papers

Air India grounds engineer as A320 flights operated without valid papers

Rediff.com3 Dec 2025

The Directorate General of Civil Aviation (DGCA) is probing the incident reported on November 26. The regulator had asked the airline to carry out an internal probe to fix the responsibility and ensure that such incidents do not occur in the future.

Bharti Airtel board approves merger of subsidiary with itself

Bharti Airtel board approves merger of subsidiary with itself

Rediff.com24 Oct 2013

Bharti Airtel recently acquired a 100 per cent stake in Wireless Business Services, a company founded by US chipmaker Qualcomm. Subsequent to the acquisition, the company was renamed Airtel Broadband Services.

SC dismisses Byju Raveendran's plea against NCLAT order

SC dismisses Byju Raveendran's plea against NCLAT order

Rediff.com28 Nov 2025

The Supreme Court on Friday dismissed a plea of Byju Raveendran, the promoter of Think and Learn Private Limited that operates ed-Tech firm Byju, challenging an NCLAT order which has mandated that the settlement of the BCCI's claim be placed before the Committee of Creditors.

India set to be confirmed as 2030 Commonwealth Games hosts!

India set to be confirmed as 2030 Commonwealth Games hosts!

Rediff.com25 Nov 2025

India's 2030 Commonwealth Games bid is set to be formally approved on Wednesday at the Commonwealth Sport's general assembly in Glasgow.

HC asks CBFC to consider Major Manoj Sharma's parents' objections to Dhurandhar

HC asks CBFC to consider Major Manoj Sharma's parents' objections to Dhurandhar

Rediff.com1 Dec 2025

The Delhi High Court has directed the Central Board of Film Certification (CBFC) to consider the objections of the parents of Major Mohit Sharma, a martyr, before certifying the film 'Dhurandhar'. The film's release is scheduled for December 5.

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

Rediff.com6 Dec 2025

'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'

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.

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.

Maruti Udyog board approves VRS

Maruti Udyog board approves VRS

Rediff.com18 Sep 2003

The Maruti Udyog Ltd board has approved a proposal to introduce a voluntary retirement scheme for employees of the company.

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

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.

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.

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.

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.

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.

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.

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.'

RCom board approves Rel Infratel IPO

RCom board approves Rel Infratel IPO

Rediff.com22 Sep 2009

Reliance Communications, whose board on Tuesday approved the proposal for Reliance Infratel IPO, would also consider fund raising through qualified institutional placement basis at an appropriate time.

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.

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.

Vodafone Idea board approves raising up to Rs 14,500 crore

Vodafone Idea board approves raising up to Rs 14,500 crore

Rediff.com3 Mar 2022

Debt-ridden telecom operator Vodafone Idea on Thursday said its board has approved raising of up to Rs 14,500 crore, including Rs 4,500 crore from promoter entities. An amount of Rs 10,000 crore would be raised by way of sale of equity or through debt instruments such as ADR, GDR and FCCBs. In a regulatory filing, the company said the board has cleared issuance of up to 338.3 crore equity shares of face value of Rs 10 each at an issue price of Rs 13.30 per equity share for an aggregate consideration of up to Rs 4,500 crore.