News for 'Board of Directors of the Company'

TVS Motor Inducts Ravindran Shanmugam As Independent Director

TVS Motor Inducts Ravindran Shanmugam As Independent Director

Rediff.com4 days ago

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.

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Rediff.com16 Apr 2026

IT services giant Wipro's board has given the green light to a massive Rs 15,000 crore share repurchase programme, aiming to buy back over 5 per cent of its equity, or up to 60 crore shares, from shareholders at Rs 250 per share, reflecting an 18 per cent premium.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com9 May 2026

A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.

Crucial Tata Trusts Board Meeting On May 8

Crucial Tata Trusts Board Meeting On May 8

Rediff.com4 May 2026

The top agenda of the meeting includes a review of Tata Trusts representation on the Tata Sons board.

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Rediff.com24 Apr 2026

Infosys' board has approved annual performance-based stock grants worth Rs 51.75 crore for Chief Executive Officer and Managing Director Salil Parekh, aligning with his tenure ending in March 2027.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

Akash Ambani named MD of Jio Platforms for 5 years ahead of anticipated IPO

Akash Ambani named MD of Jio Platforms for 5 years ahead of anticipated IPO

Rediff.com4 days ago

Jio Platforms has announced the appointment of Akash Ambani as its managing director for a five-year term, effective from April 9, 2026, as the digital services company prepares for its highly anticipated Initial Public Offering.

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Rediff.com30 Mar 2026

The Enforcement Directorate (ED) has attached land parcels and other immovable assets worth over 270 crore as part of its money laundering investigation against Rajendra Lodha, former director of Lodha Developers.

Only 17% of boards play active role in shaping company strategy: ISB survey

Only 17% of boards play active role in shaping company strategy: ISB survey

Rediff.com5 Jan 2026

Only 17 per cent of boards play an active role in shaping company strategy, said a survey by the Indian School of Business (ISB). According to the survey, 83 per cent of the boards remain passive, playing no active role in the company's management.

Balrampur Chini's Bio-Plastic Plant To Generate 2,000 Crore Revenue

Balrampur Chini's Bio-Plastic Plant To Generate 2,000 Crore Revenue

Rediff.com1 days ago

Balrampur Chini Mills Ltd anticipates annual revenue of approximately Rs 2,000 crore from its new bio-plastic plant in Uttar Pradesh, scheduled for commissioning in the December quarter. The company is investing over Rs 3,000 crore in the Poly Lactic Acid (PLA) plant with a capacity of 80,000 tonnes per annum.

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Rediff.com10 hours ago

'Leadership is about understanding how a business works, how it is shaped, built, and expanded.'

SEBI Court Convicts Harshad Mehta-Linked Firms For Non-Compliance

SEBI Court Convicts Harshad Mehta-Linked Firms For Non-Compliance

Rediff.com7 May 2026

A special SEBI court convicted two directors and their five firms, linked to late stockbroker Harshad Mehta, for failing to provide information during a 1998 investigation into the manipulation of shares belonging to BPL and Videocon.

Dubai Based Man Masterminded Betting Fraud: ED

Dubai Based Man Masterminded Betting Fraud: ED

Rediff.com1 days ago

The Enforcement Directorate (ED) has identified a Grenadian man based in Dubai as the 'beneficial owner' of a Delhi-based company involved in a large-scale betting, gaming, and cyber fraud-linked money-laundering operation in India.

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.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

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.

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Rediff.com8 May 2026

Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.

SC urges Kapur family to settle RK Family Trust dispute through mediation

SC urges Kapur family to settle RK Family Trust dispute through mediation

Rediff.com4 days ago

The Supreme Court has urged the Kapur family, including Rani Kapur and Priya Kapur, to resolve their dispute over the family trust through mediation, appointing a former Chief Justice to oversee the process.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com3 days ago

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

Rediff.com5 May 2026

The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.

Independent Director Exits Hit Multi-Year High

Independent Director Exits Hit Multi-Year High

Rediff.com2 Jan 2026

Less than 12 per cent of the exits were from companies with Rs 10,000 crore in market capitalisation or above.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

IIT Dhanbad Joins Forces With South African University

IIT Dhanbad Joins Forces With South African University

Rediff.com3 days ago

TEXMiN Foundation, IIT (ISM) Dhanbad has signed an agreement with the University of Pretoria, South Africa, for research collaboration in critical minerals, rare earth element processing, recycling, extraction technologies and advanced mining innovation.

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

Listing Holds Key To Tata Sons Control

Listing Holds Key To Tata Sons Control

Rediff.com10 Apr 2026

While the leadership issues may get sorted in the upcoming board meetings of Tata Trusts and Tata Sons, listing of the holding company of the Group on stock exchange should potentially resolve the bigger question on ownership and control

Is GalaxEye's Mission Drishti Satellite Okay?

Is GalaxEye's Mission Drishti Satellite Okay?

Rediff.com6 days ago

Concerns are rising about the status of GalaxEye Space's Mission Drishti, India's first Made in India OptoSAR satellite, launched on May 3. Reports suggest the satellite is tumbling in space, and experts highlight potential issues with solar panel deployment and stabilisation. The company has remained silent on the matter, fueling further speculation.

Tim Cook to step down as Apple CEO, John Ternus to take over

Tim Cook to step down as Apple CEO, John Ternus to take over

Rediff.com21 Apr 2026

Tim Cook will step down as Chief Executive Officer of Apple Inc. and take over as executive chairman of the company's board, with John Ternus set to become the new CEO from September 1, the company announced on Monday.

Why Tim Cook Is 'Over The Moon Excited' About India

Why Tim Cook Is 'Over The Moon Excited' About India

Rediff.com1 May 2026

Apple CEO Tim Cook expresses strong optimism about the Indian market, citing its potential for growth and the company's recent successes in the region.

Sebi's softer touch cuts IPO rejections to just 2 in FY26

Sebi's softer touch cuts IPO rejections to just 2 in FY26

Rediff.com21 Apr 2026

The Securities and Exchange Board of India (Sebi) has significantly reduced the number of draft offer documents returned or rejected, dropping from 17 in FY25 to just two in FY26, thanks to a more facilitative and engagement-first regulatory approach.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

Rediff.com30 Apr 2026

FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com7 days ago

History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.

TCS rejects conversion, misconduct complaints at Nashik facility

TCS rejects conversion, misconduct complaints at Nashik facility

Rediff.com17 Apr 2026

TCS has denied receiving any complaints of religious conversion or sexual misconduct at its Nashik unit through its internal channels, amid a police probe into the allegations. The company has announced an oversight panel and engaged external entities in its internal investigation.

Sunil Mittal set to step down as Airtel Africa chairman

Sunil Mittal set to step down as Airtel Africa chairman

Rediff.com26 Mar 2026

Sunil Bharti Mittal, 68, will retire as chairman of Airtel Africa in July after the conclusion of this year's annual general meeting (AGM), the board of the African arm of India's second-largest telecom service provider Bharti Airtel said in a statement to the exchanges on Wednesday.

ED Investigates Punjab Realty Groups Over Land Use Violations

ED Investigates Punjab Realty Groups Over Land Use Violations

Rediff.com7 May 2026

The Enforcement Directorate (ED) conducted searches in Punjab and Chandigarh, targeting realty groups and individuals linked to an official in the Chief Minister's Office, as part of a money laundering investigation into fraudulent land use changes and investor fraud.

Janakpuri Pit Death: Police File Chargesheet, Detail Lapses in Construction Project

Janakpuri Pit Death: Police File Chargesheet, Detail Lapses in Construction Project

Rediff.com9 Apr 2026

Delhi Police have filed a chargesheet in the Janakpuri pit death case, naming three accused and detailing alleged lapses in the execution of a construction project that led to the death of a man who fell into a 15-foot-deep pit.

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

Rediff.com17 Apr 2026

HDFC Life Insurance reported a 4 per cent year-on-year increase in net profit to Rs 495.6 crore for Q4FY26, while its parent, HDFC Bank, announced a Rs 1,000 crore preferential share issuance to raise its stake to 50.5 per cent.

The Devil Wears Prada 2 Review: The Devil Is Older And Wiser

The Devil Wears Prada 2 Review: The Devil Is Older And Wiser

Rediff.com1 May 2026

What The Devil Wears Prada 2 does really well is the chemistry between its characters, steered by a very likable cast, observes Mayur Sanap.

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

Rediff.com20 Apr 2026

HDFC Bank, India's largest private-sector lender, has revised its FY27 growth trajectory, stepping back from earlier guidance to align with a more measured 12 per cent year-on-year expansion, citing geopolitical uncertainties.

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com29 Apr 2026

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'