News for 'Board of Directors'

'Listing Does Not Alter Our Investment Philosophy'

'Listing Does Not Alter Our Investment Philosophy'

Rediff.com23 Dec 2025

'We operate in an economy that is structurally positioned for long-term growth. As market levels rise over time, our AUM grows in line.'

New twist in Karnataka State Cricket Association polls

New twist in Karnataka State Cricket Association polls

Rediff.com29 Nov 2025

K N Shanth Kumar on Saturday expressed relief after the High Court declared his nomination papers for the post of Karnataka State Cricket Association (KSCA) valid.

Debt repayment, capex key to IPO proceeds utilisation

Debt repayment, capex key to IPO proceeds utilisation

Rediff.com3 Dec 2025

Companies are primarily using funds raised through fresh equity issuance to repay existing debt, followed by allocation for capital expenditure, according to a study by Bank of Baroda of over 200 filings with the market regulator between April and October 2025. The report stated that of these filings with the Securities and Exchange Board of India (Sebi) - covering both funds already raised in FY26 and future intent - 189 companies provided clear data on the purpose of the fund-raising.

IndiGo cancels over 550 flights, ops to stabilise by Feb 10

IndiGo cancels over 550 flights, ops to stabilise by Feb 10

Rediff.com4 Dec 2025

Domestic carrier IndiGo has cancelled over 180 flights from three major airports on Thursday, as the Gurugram-based airline struggles to secure the required crew to operate its flights in the wake of new flight-duty and rest-period norms for pilots.

Plane with 49 on board crashes in Russia, no signs of survivors

Plane with 49 on board crashes in Russia, no signs of survivors

Rediff.com24 Jul 2025

There was 'no sign' of survivors after an aerial search of the crash site of a plane carrying 49 people in Russia's Far East, according to media reports.

Rs 1-2 Crore Buys That May Decide IPL 2026

Rs 1-2 Crore Buys That May Decide IPL 2026

Rediff.com17 Dec 2025

While big buys grabbed attention, several franchises quietly walked away with proven performers at throwaway prices -- the kind of signings that often make the difference between mid-table finishes and title runs.

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.

DGCA issues show-cause notice to IndiGo CEO over flight disruptions

DGCA issues show-cause notice to IndiGo CEO over flight disruptions

Rediff.com7 Dec 2025

The aviation regulator stated that the "primary cause" of the disruptions was IndiGo's failure to make "adequate arrangements" to meet the revised staffing, duty-time and rostering requirements under the newly implemented Flight Duty Time Limitations scheme.

Anil Ambani skips ED summons in FEMA case

Anil Ambani skips ED summons in FEMA case

Rediff.com14 Nov 2025

The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear before it on November 17 in a FEMA case after he skipped his scheduled date on Friday.

Emami Q2 PAT down 29.7% at Rs 148.35 cr

Emami Q2 PAT down 29.7% at Rs 148.35 cr

Rediff.com10 Nov 2025

Homegrown FMCG player Emami Ltd on Monday reported a 29.7 per cent decline in consolidated profit after tax at Rs 148.35 crore in the second quarter ended September 30, 2025, impacted by temporary trade disruption in expectation of GST rate cut and excessive rains affecting certain product categories.

Govt to push nuclear reforms as Oppn targets SIR in winter session

Govt to push nuclear reforms as Oppn targets SIR in winter session

Rediff.com30 Nov 2025

The winter session of Parliament is set to begin with the government prioritizing its reforms agenda, including a bill to open the civil nuclear sector to private players. The opposition is expected to raise concerns about electoral roll revisions and air pollution.

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Rediff.com2 Sep 2025

BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.

West Indies recall veteran pacer for New Zealand tour

West Indies recall veteran pacer for New Zealand tour

Rediff.com21 Nov 2025

Middle-order batter Kavem Hodge returns to the Test squad but there was no room for Khary Pierre with spin bowling expected to play a limited role in the series.

India, Pakistan Make Peace Over Asia Cup Trophy

India, Pakistan Make Peace Over Asia Cup Trophy

Rediff.com8 Nov 2025

India and Pakistan have managed to "break the ice" on the Asia Cup trophy dispute and will work towards finding a plausible solution in the coming days, BCCI secretary Devajit Saikia said.

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.

IPO Secondary Sales Soar Toward Rs 1 Trn

IPO Secondary Sales Soar Toward Rs 1 Trn

Rediff.com20 Nov 2025

Market experts say India's IPO ecosystem has matured to support both primary and secondary issuance, rendering the mix less consequential.

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.

'Pollution Has Been Reduced To A Blame Game'

'Pollution Has Been Reduced To A Blame Game'

Rediff.com1 Dec 2025

'Most pollution boards across the country have unused funds. There is practically no reason why pollution should not be a political priority.'

Banks can now declare ex-IL&FS directors 'wilful defaulters'

Banks can now declare ex-IL&FS directors 'wilful defaulters'

Rediff.com8 Apr 2025

The National Company Law Appellate Tribunal (NCLAT) has allowed state-owned Canara Bank and Indian Bank to pursue proceedings against former IL&FS directors, who are not part of the new board, to declare them as wilful defaulter. However, the appellate tribunal said those directors who are part of the new board of Infrastructure Leasing & Financial Services (IL&FS) and its various subsidiaries after October 1, 2018, would remain protected.

EaseMyTrip founder repeats claim on MakeMyTrip board's Chinese ties

EaseMyTrip founder repeats claim on MakeMyTrip board's Chinese ties

Rediff.com16 May 2025

Responding to the accusations, MakeMyTrip had firmly denied allegations questioning its ownership and data practices, emphasising that it is a proudly Indian company, founded and headquartered in India, and trusted by millions of Indian travellers for over 25 years.

Volcanic ash clouds to clear India by 7.30 pm; thick haze in Delhi

Volcanic ash clouds to clear India by 7.30 pm; thick haze in Delhi

Rediff.com25 Nov 2025

The India Meteorological Department (IMD) reports that ash clouds from volcanic activity in Ethiopia, which impacted flight operations in India, are drifting towards China and will move away from India by 7.30 pm on Tuesday.

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

83 dead in massive Hong Kong inferno, over 280 missing

83 dead in massive Hong Kong inferno, over 280 missing

Rediff.com27 Nov 2025

Firefighters battled for a second day on Thursday to contain a massive inferno that ripped through seven high-rise residential towers in Hong Kong, as the death toll climbed to 65 and over 280 people remained missing in what officials described as the city's worst disaster in 70 years.

Ex-Afghan player slams Cricket Australia, hails BCCI

Ex-Afghan player slams Cricket Australia, hails BCCI

Rediff.com9 Nov 2025

Australia linking cricket with politics against spirit of game: Afghan chief selector Asadullah

Cyclone Ditwah wreaks havoc in Sri Lanka, 80 killed; India provides relief

Cyclone Ditwah wreaks havoc in Sri Lanka, 80 killed; India provides relief

Rediff.com28 Nov 2025

Sri Lanka is facing a severe crisis after Cyclone Ditwah caused widespread flooding and landslides, resulting in numerous deaths and displacement. India has launched 'Operation Sagar Bandhu' to provide relief. The situation is expected to remain critical with rising river levels and continued rainfall.

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.

'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.'

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.

EC directs crackdown on illicit cash, liquor, drugs in Bihar polls

EC directs crackdown on illicit cash, liquor, drugs in Bihar polls

Rediff.com17 Oct 2025

The Election Commission has directed enforcement agencies and security forces to take proactive measures during the Bihar elections to prevent the use of drugs, liquor, and cash to influence voters.

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.

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.

At Rs 506 trillion, derivatives turnover hit 12-month high in October

At Rs 506 trillion, derivatives turnover hit 12-month high in October

Rediff.com13 Nov 2025

The average daily turnover (ADTV) in the derivatives market rose to a 12-month high in October, touching 506 trillion - up nearly 46 per cent since June - as volatility picked up and concerns over further regulatory tightening eased. Derivatives activity had slumped earlier this year after the Securities and Exchange Board of India (Sebi) capped weekly expiries to two days and discontinued weekly contracts on non-benchmark indices.

'Ministry Slept, DGCA Slept, IndiGo...'

'Ministry Slept, DGCA Slept, IndiGo...'

Rediff.com11 Dec 2025

'IndiGo will receive a sharp rap on the knuckles -- a punishment, a huge penalty. 'I look towards them creating a compensation fund.' 'I would like to think they would do that for all the passengers who are affected on every single day since cancellations began.'

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.

Shah Bano's daughter seeks stay on Emraan Hashmi's Haq

Shah Bano's daughter seeks stay on Emraan Hashmi's Haq

Rediff.com3 Nov 2025

Siddiqa Begum, daughter and legal heir of Shah Bano, has served a legal notice on the makers "for immediate restraint on the publication, screening, promotion, or release of the upcoming film."

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.'

Agra Review: Uncomfortable Watch

Agra Review: Uncomfortable Watch

Rediff.com14 Nov 2025

Agra is weird, even ambitiously so, as the film moves between being disturbing and just plain odd, it doesn't fully land on either side, observes Mayur Sanap.

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.