News for 'Board of Directors of the Company'

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.

Brookfield India REIT to buy office campus in Bengaluru for Rs 13,125 cr

Brookfield India REIT to buy office campus in Bengaluru for Rs 13,125 cr

Rediff.com5 Nov 2025

Brookfield India Real Estate Trust (BIRET) plans to acquire a large office campus, covering 7.7 million sq ft, in Bengaluru for Rs 13,125 crore to expand its portfolio.

Noel vs Mehli: Power struggle breaks out in Tata Trusts

Noel vs Mehli: Power struggle breaks out in Tata Trusts

Rediff.com7 Oct 2025

Tata Trusts, which exerts decisive influence over India's most valuable conglomerate through its about 66 per cent stake of Tata Sons, finds itself in the midst of infighting among its trustees over board appointment and governance issues.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

Ashok Leyland logs record profit

Ashok Leyland logs record profit

Rediff.com13 Nov 2025

Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of ~820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from ~767 crore during the same quarter last year.

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

Rediff.com17 Nov 2025

India's leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial derivatives exchange being set up in Sri Lanka, subject to regulatory and governmental approvals. The move aims to deepen NCDEX's footprint in the financial ecosystem of its neighbouring country.

Rupee Slide Makes Overseas Trips Costlier

Rupee Slide Makes Overseas Trips Costlier

Rediff.com5 Dec 2025

Travel firms expect package prices to rise by 5 to 10 per cent, depending on destination and inclusions.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

HUL Sep quarter profit rises 3.8% to Rs 2,694 cr

HUL Sep quarter profit rises 3.8% to Rs 2,694 cr

Rediff.com23 Oct 2025

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported an increase of 3.8 per cent in consolidated net profit at Rs 2,694 crore for the second quarter ending September 2025. The company had logged a net profit of Rs 2,595 crore in the July-September quarter a year ago, the company said in a regulatory filing.

Al Falah University chancellor's brother arrested in fraud Case

Al Falah University chancellor's brother arrested in fraud Case

Rediff.com17 Nov 2025

The brother of the chancellor of Al Falah University, linked to the Delhi blast probe, has been arrested by Madhya Pradesh police from Hyderabad in connection with nearly 25-year-old fraud cases.

Anil Ambani aide and Reliance Power executive arrested by ED

Anil Ambani aide and Reliance Power executive arrested by ED

Rediff.com11 Oct 2025

The case pertains to a bank guarantee of Rs 68.2 crore submitted to the Solar Energy Corporation of India Limited (SECI) on behalf of Reliance NU BESS Limited, a subsidiary of Reliance Power, a listed company, which was found to be "fake".

With Rs 2k cr war chest, Force Motors gears up to expand global play

With Rs 2k cr war chest, Force Motors gears up to expand global play

Rediff.com16 Nov 2025

Force Motors, known for its shared mobility solutions, is gearing up to expand its presence in global markets and defence segment having consolidated its position in India by narrowing down on focus areas for profitable growth, according to managing director Prasan Firodia.

Will Tata Sons Get RBI Relief?

Will Tata Sons Get RBI Relief?

Rediff.com24 Oct 2025

Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.

Public-promoter confusion deepens with switches across companies

Public-promoter confusion deepens with switches across companies

Rediff.com24 May 2025

There have been multiple instances of the same entity appearing as both a public shareholder as well as under the promoter classification in some listed companies. And this dual-classification happened in the same quarter, according to data compiled by primedatabase.com.

Inside The Tata Trusts Showdown: A House Divided

Inside The Tata Trusts Showdown: A House Divided

Rediff.com9 Oct 2025

A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.

Maha scraps controversial land deal involving Ajit Pawar's son

Maha scraps controversial land deal involving Ajit Pawar's son

Rediff.com7 Nov 2025

Maharashtra Deputy Chief Minister Ajit Pawar says his son Parth was unaware that the land his company purchased in Pune belonged to the government. The controversial transaction has been cancelled, and a probe has been ordered.

Why Is Mehli Mistry Against Noel Tata?

Why Is Mehli Mistry Against Noel Tata?

Rediff.com8 Oct 2025

Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.

IDFC First Bank shareholders reject resolution to allow board seat to Warburg Pincus arm

IDFC First Bank shareholders reject resolution to allow board seat to Warburg Pincus arm

Rediff.com19 May 2025

IDFC First Bank on Monday said its shareholders have rejected the proposal to allow global private equity firm Warburg Pincus' arm to nominate a non-executive director on the bank board.

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Rediff.com29 Oct 2025

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.

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.

Bigg Boss Kannada studio sealed over pollution concerns

Bigg Boss Kannada studio sealed over pollution concerns

Rediff.com8 Oct 2025

Authorities in Bengaluru have sealed the studio premises hosting the Kannada reality show 'Bigg Boss' due to serious violations of environmental regulations cited by the Karnataka State Pollution Control Board (KSPCB).

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

Tata Trusts reappoints Venu Srinivasan for life; focus shifts to Mehli Mistry

Tata Trusts reappoints Venu Srinivasan for life; focus shifts to Mehli Mistry

Rediff.com21 Oct 2025

Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry's renewal, amid reported internal divisions within the organisation. The reappointment of Srinivasan this week, ahead of his term expiring on October 23, comes amid reports of a vertical split within Tata Trusts - with one faction said to align with Noel Tata, who took over as chairman following Ratan Tata's death, and the other comprising those seen as loyalists of the former doyen.

IPO Boom Faces Reality Check Amid Market Volatility

IPO Boom Faces Reality Check Amid Market Volatility

Rediff.com28 Oct 2025

More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.

Private Talent At PSU Banks Is Welcome, But...

Private Talent At PSU Banks Is Welcome, But...

Rediff.com22 Oct 2025

Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.

Sebi's Move Could Erode Mutual Fund, Broker Earnings

Sebi's Move Could Erode Mutual Fund, Broker Earnings

Rediff.com3 Nov 2025

'Sebi's move to cap brokerage charges will help investors by lowering the overall cost of investments.'

'If You Can Make a Difference, Just Do It'

'If You Can Make a Difference, Just Do It'

Rediff.com11 Dec 2025

'There'll be extended periods where things aren't working in your favour. But if you believe in the cause profoundly, then you simply persevere.'

'IPOs Get Launched When Market Is Bullish'

'IPOs Get Launched When Market Is Bullish'

Rediff.com26 Sep 2025

'If not bullish, volatility should be minimal.'

Clean Chit for Air India, Says CEO Wilson

Clean Chit for Air India, Says CEO Wilson

Rediff.com30 Oct 2025

'We're always looking at how we can keep improving, keep getting better, and keep learning.'

IPO Wave Hits 3 Decade Peak With 200 Filings

IPO Wave Hits 3 Decade Peak With 200 Filings

Rediff.com13 Oct 2025

This marks the strongest DRHP filing tally since 1996, when 428 firms sought to enter India's equity markets.

HC allows release of film 'Haq' based on Shah Bano case

HC allows release of film 'Haq' based on Shah Bano case

Rediff.com6 Nov 2025

The Madhya Pradesh High Court dismissed a petition seeking a stay on the release of the Hindi film 'Haq', which is inspired by the life and legal struggle of Shah Bano Begum. The court found the petition devoid of merit, clearing the way for the film's release.

'Some IPOs Underperformed Due To...'

'Some IPOs Underperformed Due To...'

Rediff.com6 Nov 2025

'...aggressive pricing amid volatility, but these are exceptions.'

Mutual funds leave insurers in the shade on anchor allotments

Mutual funds leave insurers in the shade on anchor allotments

Rediff.com27 Sep 2025

Issuers have allotted nearly four times as much to mutual funds (MFs) as they have to insurance companies in recent quarters. MFs invested Rs 21,976 crore as anchor investors in initial public offerings (IPOs) on a trailing four-quarter basis, according to data from Prime Database.

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

OYO to file DRHP in Nov, eyes $7-8 bn IPO valuation

OYO to file DRHP in Nov, eyes $7-8 bn IPO valuation

Rediff.com25 Aug 2025

Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a $7-8 billion valuation for its IPO, sources said. The company is expected to approach its board with the proposal next week, people familiar with the matter told PTI.

Madhya Pradesh High Court Allows Haq Release

Madhya Pradesh High Court Allows Haq Release

Rediff.com7 Nov 2025

The Madhya Pradesh high court has dismissed a petition filed by Shah Bano Begum's daughter seeking to stop the release of the Hindi film Haq, inspired by her mother's famous legal battle, holding that a person's right to reputation or privacy is not heritable.

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Rediff.com16 Oct 2025

While UIDAI has given a nod for face authentication, banks need to join the process.

Reality show to apps, Mathrubootham spreads funding wings

Reality show to apps, Mathrubootham spreads funding wings

Rediff.com25 Sep 2025

Within weeks of announcing his exit as executive chairman of the global software-as-a-service (SaaS) company Freshworks, its founder Girish Mathrubootham appears to be on an investment spree.

Why The Americans Were Opposed To Agni

Why The Americans Were Opposed To Agni

Rediff.com6 Nov 2025

'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'

How much salary does Mukesh Ambani draw?

How much salary does Mukesh Ambani draw?

Rediff.com7 Aug 2025

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fifth year in a row and dividends remain his main source of earnings. Ambani, 68, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.