News for 'Board of Approvals'

ICC approves Tremlett as Broad's replacement

ICC approves Tremlett as Broad's replacement

Rediff.com10 Mar 2011

The International Cricket Council's Event Technical Committee has approved pacer Chris Tremlett as a replacement for the injured Stuart Broad in England's World Cup squad.

India to send second string men's team for Asian Games

India to send second string men's team for Asian Games

Rediff.com7 Jul 2023

Cricket has been played only thrice in Asian Games history and India did not take part in the event when it was last held in Incheon in 2014.

Tendulkar replacement approved

Tendulkar replacement approved

Rediff.com10 Sep 2004

The Event Technical Committee for the ICC Champions Trophy allowed the Indians to replace the injured batting ace with Rohan Gavaskar.

Andhra releases Nagarjunasagar water to Telangana amid rift among officials

Andhra releases Nagarjunasagar water to Telangana amid rift among officials

Rediff.com1 Dec 2023

According to the EIC, Telangana officials are allegedly not allowing Andhra Pradesh officials to even enter the dam to conduct inspections.

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Rediff.com25 Dec 2019

The new board will have a leaner structure on functional lines headed by the chairman and four members - covering infrastructure, operations and business development, rolling stock, and finance.

CLB approves Tech M bid

CLB approves Tech M bid

Rediff.com17 Apr 2009

The Company Law Board on Thursday completed the formality of approving the induction of Venturbay, a subsidiary of Tech Mahindra, as the strategic investor to acquire a 31 per cent stake in Satyam Computer Services and asked it to deposit Rs 1,756 crore for the deal by April 21 in a designated account.

Sweeping changes soon on boards of listed companies

Sweeping changes soon on boards of listed companies

Rediff.com10 May 2018

Sebi splits CMD post and has directed listed companies to have at least six directors and at least one of them needs to be a woman.

ITC hotel biz demerger allays capital allocation concerns, say analysts

ITC hotel biz demerger allays capital allocation concerns, say analysts

Rediff.com2 Aug 2023

ITC's move to demerge the hotel business into a new entity, ITC Hotels Ltd, is a step in the right direction and will allay investor's concerns on the company's capital allocation strategy in the medium-to-long term, said analysts at Morgan Stanley in a note. According to the company, the board of directors has approved in principle the demerger of the hotels business, wherein ITC will hold a 40 per cent stake in the new entity, and the remaining 60 per cent will be held directly by shareholders. The scheme of arrangement shall be placed for approval of the Board at its next meeting to be convened on 14th August 2023.

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Rediff.com29 Jun 2016

Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.

ICC approves rule change to DRS

ICC approves rule change to DRS

Rediff.com3 Jul 2016

The International Cricket Council has approved change in rules in the LBW decisions of the umpires concerning the controversial Decision Review System, which is expected to benefit the bowlers, while deferring plans for a radical shake-up of international cricket, including on the proposed creation of two divisions in Test and a new one-day league.

Flight delays: Scindia warns passengers against unruly behaviour

Flight delays: Scindia warns passengers against unruly behaviour

Rediff.com16 Jan 2024

With low-visibility conditions significantly disrupting flight operations at the Delhi airport, Civil Aviation Minister Jyotiraditya Scindia on Monday said all stakeholders are working round-the-clock to minimise fog-related impact as well as passenger inconvenience, and asserted that unruly passenger behaviour is unacceptable.

BCCI AGM approves 10 teams for 2022 IPL

BCCI AGM approves 10 teams for 2022 IPL

Rediff.com24 Dec 2020

BCCI has approved 10-team IPL from 2022 edition and are backing ICC's bid for cricket's inclusion in 2028 Olympics after some clarifications from IOC.

Adani-Hindenburg row: Sebi requests SC for more time to conclude probe

Adani-Hindenburg row: Sebi requests SC for more time to conclude probe

Rediff.com14 Aug 2023

Market regulator Sebi on Monday moved the Supreme Court seeking 15 more days to conclude the ongoing probe into the allegations of stock price manipulation by the Adani group. The Securities and Exchange Board of India (Sebi), in its fresh application, said that it has examined and investigated 24 matters pertaining to the case. "Out of the said 24 investigations/examinations, 17 are final and complete and approved by the Competent Authority in accordance with Sebi's extant practice and procedures," the regulator said.

Cabinet approves Companies Bill

Cabinet approves Companies Bill

Rediff.com29 Aug 2008

The government on Friday approved the draft of a new Companies Bill to incorporate far-reaching changes, including scrapping the minimum paid-up capital requirement and setting up special courts to try offences.

Lok Ranjan, govt's nominee on ICICI board, transferred

Lok Ranjan, govt's nominee on ICICI board, transferred

Rediff.com11 May 2018

Ranjan was nominated to the board of ICICI Bank on April 7

Investment board clears 21 FDI projects

Investment board clears 21 FDI projects

Rediff.com16 Sep 2014

The FIPB, headed by Finance Secretary Arvind Mayaram, at its meeting on Tuesday considered 35 proposals.

Oil regulator approves Reliance's pipeline tariff

Oil regulator approves Reliance's pipeline tariff

Rediff.com19 Apr 2010

Oil regulator PNGRB on Monday approved the tariff that Mukesh Ambani-owned East-West pipeline will charge for transporting gas from Reliance Industries' eastern offshore KG-D6 fields to users.

BCCI bigwigs land in Pakistan for Asia Cup

BCCI bigwigs land in Pakistan for Asia Cup

Rediff.com4 Sep 2023

This is purely cricketing invitation and shouldn't be mixed with politics: BCCI VP Shukla on Pakistan visit

Ram Vilas Paswan's Final Throw Of Dice

Ram Vilas Paswan's Final Throw Of Dice

Rediff.com29 Mar 2024

Ram Vilas Paswan was no fool. He knew very well about the ownership tussle going on beneath this veneer of congeniality. At all costs, he wanted to keep the lid on the family drama. He did not want it to come in the way of his son's coronation.

PCB includes Imran but shoddy WC tribute video panned by fans

PCB includes Imran but shoddy WC tribute video panned by fans

Rediff.com17 Aug 2023

Pakistan's former captain Rashid Latif said the PCB explanation was hard to digest because the tribute video was modified after nearly 48 hours.

RBI okays transfer of Rs 99,122 cr surplus to govt

RBI okays transfer of Rs 99,122 cr surplus to govt

Rediff.com21 May 2021

The Reserve Bank on Friday approved the transfer of Rs 99,122 crore as surplus to the central government for the accounting period of nine months ended March 31.

Don't encroach on OBC quota, says Bhujbal at rally; targets Jarange

Don't encroach on OBC quota, says Bhujbal at rally; targets Jarange

Rediff.com17 Nov 2023

The NCP leader asked how suddenly a number of records showing Marathas as belonging to the Kunbi caste were being found.

Zerodha's Kamath brothers to invest Rs 100 crore in Nazara Technologies

Zerodha's Kamath brothers to invest Rs 100 crore in Nazara Technologies

Rediff.com5 Sep 2023

The board of Nazara Technologies, a listed online gaming company, has approved the issue of shares worth Rs 100 crore to firms managed by Zerodha founders Nikhil and Nithin Kamath, the company said in a regulatory filing on Monday. The company is proposing to issue 1,400,560 equity shares at a face value of Rs 4 each, for Rs 714 per equity share. This will amount to Rs 99,99,99,840 and will be proportionately allotted to M/s Kamath Associates and M/s NKSquared.

'You are ruining an entire generation'

'You are ruining an entire generation'

Rediff.com13 Mar 2024

'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'

Govt approves RIL, Wipro SEZs

Govt approves RIL, Wipro SEZs

Rediff.com5 Sep 2005

The government on Monday approved the proposals of Reliance Industries, Wipro, Hewlett Packard and Biocon to set up Special Economic Zones -- a move that is expected to generate at least 67,000 jobs by March 2006.

Is Bajaj Fin preparing to fight Jio Fin with fund raise? Analysts weigh in

Is Bajaj Fin preparing to fight Jio Fin with fund raise? Analysts weigh in

Rediff.com3 Oct 2023

India's biggest non-bank finance company, Bajaj Finance (BAF), is set to raise capital after a gap of four years. On October 5, the board of directors will meet to approve the fund raise by way of preferential issue and/or qualified institutional placement (QIP) subject to regulatory and shareholder approvals. The move, analysts said, comes ahead of expectations, and could be in the wake of simmering competition in the consumer lending space, especially with the launch of Jio Financial Services (Jio Fin). "While we still do not have finer details on the game-plan of Jio Financial, it has plans to initially foray into consumer and merchant lending.

Five IPOs get Sebi nod to raise up to Rs 3,000 cr collectively

Five IPOs get Sebi nod to raise up to Rs 3,000 cr collectively

Rediff.com7 Apr 2023

Zaggle Prepaid, Cyient DLM, Healthvista India, Rashi Peripherals and Vishwaraj Sugar Industries have obtained the green signal to launch their initial public offerings (IPOs). The approvals come at a time when capital raising by way of IPOs has slowed to a crawl, with only four issues hitting the market so far this calendar year. Recently, the Securities and Exchange Board of India (Sebi) issued final observation letters on their draft red herring prospectuses (DRHPs), which is akin to getting approval to hit the markets.

BCCI welcomes ICC's approval to revamped structural plan

BCCI welcomes ICC's approval to revamped structural plan

Rediff.com8 Feb 2014

The BCCI has welcomed ICC's decision to approve its revamped proposal, which is aimed at bringing improved governance, financial and competition structures, during the Executive Board meeting in Singapore on Saturday.

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Rediff.com9 Aug 2023

Maruti Suzuki India (MSIL) will issue equity shares on a preferential basis to parent Suzuki Motor Corporation (SMC) to acquire 100 per cent stake in the latter's Gujarat plant. This deal is expected to increase the share base of MSIL by about 4 per cent. And consequently, it will raise SMC's shareholding in Maruti by around 1.8 percentage point. "Whether it is in terms of PAT (profit after tax) or earnings per share (EPS) or dividend per share (DPS) of MSIL, the share-swap option will give shareholders a better deal than any other option such as cash payment," MSIL chairman RC Bhargava told reporters during a press conference.

LIC gets board's nod to buy majority stake in IDBI Bank

LIC gets board's nod to buy majority stake in IDBI Bank

Rediff.com16 Jul 2018

The next step for the Life Insurance Corporation of India is to approach market regulator Sebi, as the bank, which is also state-owned, is a listed entity.

'Aim to be among top three biosimilar players in world'

'Aim to be among top three biosimilar players in world'

Rediff.com30 Nov 2023

'We've got a huge track record and success in bringing several biosimilars to the market.'

Nirmalaji And Why I Quit The Government

Nirmalaji And Why I Quit The Government

Rediff.com15 Jan 2024

She said I treated her like a bachchi. At another moment, she said I had gone to various people and 'bitched' about her. She also threatened to bring the entire matter to the PM's notice. A revealing excerpt from Subhash Chandra Garg's We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.

Cannot say stop heartbeat of foetus: SC bench divided on abortion plea

Cannot say stop heartbeat of foetus: SC bench divided on abortion plea

Rediff.com11 Oct 2023

A two-judge bench of the Supreme Court on Wednesday pronounced a split verdict on the Centre's plea for recall of its October 9 order granting permission to a married woman, a mother of two, to terminate her 26-week pregnancy, with one judge voicing her disinclination to allow abortion and the other asserting that the woman's decision "must be respected".

Lakshmi-Ganesh On Rupee: Who Decides?

Lakshmi-Ganesh On Rupee: Who Decides?

Rediff.com16 Nov 2022

Any currency design change must be approved by the RBI central board and the central government.

Air India board clears union rationalisation drive

Air India board clears union rationalisation drive

Rediff.com4 Aug 2014

Board has cleared a proposal to rationalise the number of unions in the airline late last month

ODI WC: PCB seeks clearance to travel to India, writes to Pak PM

ODI WC: PCB seeks clearance to travel to India, writes to Pak PM

Rediff.com3 Jul 2023

The PCB has written to Prime Minister Shehbaz Sharif, seeking official clearance to travel to India for the ODI World Cup.

Lenders set to clear Rs 400 crore to give wings to Go First

Lenders set to clear Rs 400 crore to give wings to Go First

Rediff.com26 Jun 2023

Go First's lenders have agreed in principle to support the airline's request for Rs 400 crore interim funding to restart its operations. The airline temporarily halted operations on May 2, and its insolvency plea was admitted by the National Company Law Tribunal (NCLT) on May 10. On Wednesday, the airline's resolution professional Shailendra Ajmera submitted a business plan and a request for over Rs 400 crore funding to airline's committee of creditors (CoC).

Govt approves Daiichi's takeover of Ranbaxy

Govt approves Daiichi's takeover of Ranbaxy

Rediff.com6 Aug 2008

The government on Wednesday announced the approval of Japan-based Daiichi Sankyo's proposed acquisition of shares in domestic pharma major Ranbaxy, along with 23 other proposals for a total FDI investment of Rs 753.14 crore

Despite India's objection, Pak's climate change project gets approval at GCF

Despite India's objection, Pak's climate change project gets approval at GCF

Rediff.com15 Oct 2016

India tried to block the project at the fund's board meeting in South Korea, but later agreed to approve it with new condition, reports Nitin Sethi.

Windies World Cup venues approved

Windies World Cup venues approved

Rediff.com11 Oct 2004

All eight venues selected to host matches for the ICC Cricket World Cup 2007 received the\n\nstamp of approval for their detailed stadium designs and operational plans.