News for 'Board of Approvals'

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

Punjab Minister: 'Very Wrong To Ban Satluj'

Punjab Minister: 'Very Wrong To Ban Satluj'

Rediff.com7 Jul 2026

'Propaganda films that the BJP makes, whether it's The Kerala Story or others, are shown wherever elections occur as part of their propaganda. But real-time human rights violations... If such things don't come on a public platform, how will correction occur?'

Tamannaah Bhatia, Alaya F's Stunning Eye Makeup Tips

Tamannaah Bhatia, Alaya F's Stunning Eye Makeup Tips

Rediff.com19 Jun 2026

A swipe of liner, a wash of shimmer or a smudged kohl can completely change your face. If you're looking to switch up your beauty routine, these celebrity-approved eye looks deserve a spot on your mood board.

Goodbye, Shastri Bhawan

Goodbye, Shastri Bhawan

Rediff.com13 Jun 2026

As Shastri Bhawan nears demolition, one of Delhi's most iconic government buildings leaves behind six decades of stories, power, journalism and public life.

DHFL board approves conversion of debt into equity

DHFL board approves conversion of debt into equity

Rediff.com30 Aug 2019

To cut its debt, promoter Kapil Wadhawan and promoter group Wadhawan Global Capitalhave resorted to measures such as sale of assets of group companies as well as securitisation of retail assets of DHFL to bring in liquidity.

ICC suspends Cricket Canada's membership over governance breaches

ICC suspends Cricket Canada's membership over governance breaches

Rediff.com1 Jun 2026

The International Cricket Council has suspended Canada over breaches of the national board's membership obligations, weeks after the global governing body's anti-corruption unit launched an investigation into Cricket Canada.

NBFCs show strong Q4, but near-term outlook remains cautious

NBFCs show strong Q4, but near-term outlook remains cautious

Rediff.com4 Jul 2026

Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

Rediff.com24 May 2026

The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.

Razorpay Confidentially Files Draft IPO Documents With SEBI

Razorpay Confidentially Files Draft IPO Documents With SEBI

Rediff.com15 Jun 2026

Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Rediff.com28 Mar 2026

Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.

ODI World Cup 2027 likely to be played from October 4 to November 21

ODI World Cup 2027 likely to be played from October 4 to November 21

Rediff.com12 Jun 2026

The 2027 ICC Men's ODI World Cup is provisionally scheduled to be held from October 4 to November 21 across South Africa, Zimbabwe and Namibia, according to a report by ESPNcricinfo.

When Janhvi Kapoor Wears White, She Just Doesn't...

When Janhvi Kapoor Wears White, She Just Doesn't...

Rediff.com2 Jun 2026

White may be fashion's most classic colour, but in Janhvi Kapoor's wardrobe, it's anything but predictable.The Peddi actress has mastered the art of making every shade of safed feel fresh, modern, and completely her own.

Board nod must for bank entities to do same biz: RBI

Board nod must for bank entities to do same biz: RBI

Rediff.com6 Dec 2025

The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

Jiya, Radhika's Baby Doll Mood

Jiya, Radhika's Baby Doll Mood

Rediff.com4 Jun 2026

Babydoll dresses are fashion's answer to playing dress up, no matter your age. With their flirty hemlines, floaty silhouettes and undeniable charm, they instantly bring a touch of whimsy to any wardrobe.

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Rediff.com28 May 2026

Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.

Shreyas Iyer set to replace Suryakumar as T20 captain; Tilak Varma to be his deputy

Shreyas Iyer set to replace Suryakumar as T20 captain; Tilak Varma to be his deputy

Rediff.com5 Jun 2026

India are set to make a leadership change in T20 internationals, with Shreyas Iyer likely to replace Suryakumar Yadav as captain and Tilak Varma expected to become vice-captain, according to BCCI sources.

ICC To Assess Impact Of Franchise Cricket On International Calendar

ICC To Assess Impact Of Franchise Cricket On International Calendar

Rediff.com1 Jun 2026

The ICC board has formed a committee to assess the impact of the growing franchise cricket leagues on the international cricket calendar, aiming to strike a balance and prevent disruption.

Pakistan boosts defence spending by 17.6% in new Budget

Pakistan boosts defence spending by 17.6% in new Budget

Rediff.com13 Jun 2026

Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.

Namo Cities: Delhi's decongestion dream faces the test of execution

Namo Cities: Delhi's decongestion dream faces the test of execution

Rediff.com19 Jun 2026

The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.

MTNL board approves VRS

MTNL board approves VRS

Rediff.com25 Jul 2003

MTNL's board has given the go-ahead to a voluntary retirement scheme for group C and D employees. It also announced its foray into 'Mobile Commerce', which will help customers to transact business with the help of mobile.

BCCI May Switch Under-23 Tournament To T20 Format

BCCI May Switch Under-23 Tournament To T20 Format

Rediff.com17 May 2026

The Board of Control for Cricket in India (BCCI) is considering changing the national Under-23 men's 50-over tournament to a T20 format from the upcoming domestic season.

Ahmedabad plane crash: One year later, grief and fear persist

Ahmedabad plane crash: One year later, grief and fear persist

Rediff.com9 Jun 2026

One year after the devastating AI 171 plane crash in Ahmedabad, the profound grief and lasting trauma continue to haunt the victims' families and eyewitnesses, many of whom still struggle with a deep-seated fear of flying and the indelible scars of their loss.

RIL board approves demerger

RIL board approves demerger

Rediff.com18 Jun 2005

RIL board, headed by Mukesh Ambani, on Saturday approved a demerger plan as part of separation of group companies Reliance Energy and Reliance Capital to create a separate entity for younger sibling Anil Ambani.

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.

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Rediff.com21 May 2026

Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.

Sun Pharma's $11.75 Billion Organon Acquisition: A Strategic Leap

Sun Pharma's $11.75 Billion Organon Acquisition: A Strategic Leap

Rediff.com27 Apr 2026

Sun Pharmaceutical Industries Ltd has announced its acquisition of US-based Organon & Co in an all-cash deal valued at an enterprise valuation of USD 11.75 billion, aiming to become a top 25 global pharmaceutical company.

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.

LIC reports robust 23% jump in Q4 net profit to Rs 23,420 crore

LIC reports robust 23% jump in Q4 net profit to Rs 23,420 crore

Rediff.com21 May 2026

Life Insurance Corporation of India (LIC) announced a significant 23 per cent increase in its net profit for the March quarter, reaching Rs 23,420 crore, alongside a rise in total income and premium collections.

Sebi Introduces Abridged Prospectus for Easier IPO Investing

Sebi Introduces Abridged Prospectus for Easier IPO Investing

Rediff.com23 Mar 2026

The Securities and Exchange Board of India (Sebi) has introduced an abridged prospectus to simplify IPO disclosures, making them more accessible for investors. This concise summary will accompany detailed offer documents, providing key information in an easy-to-understand format.

TVS Motor Inducts Ravindran Shanmugam As Independent Director

TVS Motor Inducts Ravindran Shanmugam As Independent Director

Rediff.com14 May 2026

TVS Motor Company has appointed Ravindran Shanmugam, a technology entrepreneur and business leader, as an independent director for a five-year term, effective May 13, subject to shareholder approval.

SC orders eviction plan for 118 govt servants encroaching on TN's Agasthyamalai

SC orders eviction plan for 118 govt servants encroaching on TN's Agasthyamalai

Rediff.com2 Jun 2026

The Supreme Court has directed the preparation and implementation of a time-bound eviction plan to address encroachments within the protected areas of the Agasthyamalai ecological landscape in Tamil Nadu, also ordering action against government servants involved.

Twisha's husband sent to custody, AIIMS team reaches Bhopal for 2nd autopsy

Twisha's husband sent to custody, AIIMS team reaches Bhopal for 2nd autopsy

Rediff.com23 May 2026

A local court has remanded Samarth Singh, husband of former actor-model Twisha Sharma, in police custody for seven days in connection with her alleged dowry death. A team from AIIMS Delhi will conduct a second autopsy following a court order.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

Hockey India Considers Life Bans Amid Sexual Harassment Allegations

Hockey India Considers Life Bans Amid Sexual Harassment Allegations

Rediff.com19 May 2026

Hockey India has called an urgent executive board meeting to address a series of sexual harassment, misconduct, and indiscipline cases, considering stringent actions including life bans.

Why West Bengal Is Ending Religious Leader Payments

Why West Bengal Is Ending Religious Leader Payments

Rediff.com18 May 2026

The West Bengal cabinet has decided to discontinue assistance-oriented schemes based on religious categorisation for Imams, muezzins and purohits from June. The cabinet also approved the 'Annapurna' scheme of Rs 3,000 monthly support to women from June 1, and granted in-principle consent for their free travel in state-run buses.

Karnataka cabinet approves bills on hate speech, cattle slaughter

Karnataka cabinet approves bills on hate speech, cattle slaughter

Rediff.com4 Dec 2025

The Karnataka cabinet has approved eight draft bills, including those addressing hate speech, cattle slaughter, and social boycott, to be tabled in the upcoming legislative session.

IPL: Lakshmi Mittal, Adar Poonawalla acquire majority stake in Rajasthan Royals

IPL: Lakshmi Mittal, Adar Poonawalla acquire majority stake in Rajasthan Royals

Rediff.com3 May 2026

Lakshmi N. Mittal and his son Aditya Mittal, along with Adar Poonawalla, have acquired a majority stake in Rajasthan Royals with a bid of $1.65 billion after another consortium pulled out.

RBI poised for record dividend payout, boosting government's fiscal strength

RBI poised for record dividend payout, boosting government's fiscal strength

Rediff.com13 May 2026

The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.