News for 'Board of Directors'

RBI to pay record dividend of Rs 2.87 lakh crore to govt for FY26

RBI to pay record dividend of Rs 2.87 lakh crore to govt for FY26

Rediff.com22 May 2026

The Reserve Bank of India (RBI) has declared a record Rs 2.87 lakh crore dividend to the government for the 2025-26 financial year, offering significant financial flexibility amidst global economic uncertainties.

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.

Reliance Infra seeks review of surveillance framework linked to IBC

Reliance Infra seeks review of surveillance framework linked to IBC

Rediff.com8 Jun 2026

Reliance Infrastructure (Reliance Infra) has submitted a representation to Sebi, NSE, and BSE, seeking a review of the Additional Surveillance Measure (ASM) framework and related trading restrictions on its shares, arguing they adversely impact its 700,000+ public shareholders and hinder fair price discovery.

IIT-Kanpur hires 19-year-old ethical hacker who exposed CBSE's OSM flaws

IIT-Kanpur hires 19-year-old ethical hacker who exposed CBSE's OSM flaws

Rediff.com11 Jun 2026

A 19-year-old self-described ethical hacker who exposed the alleged security gaps in CBSE's on-screen marking system (OSM) was recruited by IIT-Kanpur's cybersecurity research hub, an official said on Thursday.

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com6 May 2026

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

Ben Stokes left out of second Test vs New Zealand; Joe Root Named Captain

Ben Stokes left out of second Test vs New Zealand; Joe Root Named Captain

Rediff.com10 Jun 2026

England captain Ben Stokes and bowler Gus Atkinson have both been left out of the second Test against New Zealand starting next week following an investigation into an incident in a London nightclub, the ECB said on Wednesday.

Vaibhav Sooryavanshi becomes IIM Indore research subject

Vaibhav Sooryavanshi becomes IIM Indore research subject

Rediff.com2 Jun 2026

IIM Indore will conduct a study on teenage cricket sensation Vaibhav Sooryavanshi to understand the impact of early fame and pressure on child prodigies.

Afghanistan coach Richard Pybus admits team's DRS rustiness

Afghanistan coach Richard Pybus admits team's DRS rustiness

Rediff.com7 Jun 2026

Afghanistan head coach Richard Pybus admitted his team's "rusty" performance in making correct DRS calls, citing a lack of conviction and poor decision-making during matches against India, which cost them crucial wickets. He also offered insights into the rigorous review process for on-field umpires.

AI 171 Crash: 'Americans Would Prefer It To Be Pilot Error'

AI 171 Crash: 'Americans Would Prefer It To Be Pilot Error'

Rediff.com16 Jun 2026

'...because that protects their aviation industry.' 'The Boeing 787 is one of the most widely-flown wide-body aircraft in the world, and Airbus is running neck-and-neck with Boeing.' 'Airbus is not going to let an opportunity like this pass.' 'If a software problem with the 787 is confirmed, they will use it to increase their own orders.'

Top cop terms AI171 crash as 'most painful' chapter of his career

Top cop terms AI171 crash as 'most painful' chapter of his career

Rediff.com11 Jun 2026

Gujarat's Director General of Police Gyanendra Singh Malik describes the devastating Air India crash in Ahmedabad a year ago, which killed 260 people, as the 'most painful' chapter of his career, highlighting the unprecedented speed of the emergency response and DNA identification process.

Akshay Kumar Wants To Retire, But...

Akshay Kumar Wants To Retire, But...

Rediff.com12 Jun 2026

'Don't worry about retirement. Keep working. If you want a long life, keep working.'

Born with a diamond spoon: Lalit Modi defends luxury life

Born with a diamond spoon: Lalit Modi defends luxury life

Rediff.com4 Jun 2026

Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced by him in India, has said that he was born with "a diamond spoon", has a kingsize lifestyle, travels everywhere and that "Rs 10-12 crore" may not last with him a week.

Gujarat Inmates Pass Exams, Find Hope In Education

Gujarat Inmates Pass Exams, Find Hope In Education

Rediff.com23 May 2026

Inmates in Gujarat prisons have passed Class 10 and 12 exams, showcasing the power of education and rehabilitation in adverse circumstances.

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.com14 May 2026

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.

Smoke detected on IndiGo flight at Bengaluru, 2 injured during evacuation

Smoke detected on IndiGo flight at Bengaluru, 2 injured during evacuation

Rediff.com26 May 2026

DGCA is investigating the incident, and the aircraft has been grounded for inspection.

'When You Empower A Woman, You Empower A Family'

'When You Empower A Woman, You Empower A Family'

Rediff.com7 days ago

'You empower a man, you are not necessarily empowering a family, you are just empowering him.'

How Punjab Schools Plan To Integrate AI Into Education

How Punjab Schools Plan To Integrate AI Into Education

Rediff.com17 Apr 2026

Punjab School Education Board announces integration of Artificial Intelligence as a core component of the school curriculum, with learning outcomes reflected on student certificates.

How RCB Built A Winning Team At The IPL Auction

How RCB Built A Winning Team At The IPL Auction

Rediff.com1 Jun 2026

Royal Challengers Bengaluru's director of cricket, Mo Bobat, discusses the importance of strategic team building at the IPL auction and the team's focus on skill and character in player selection.

Why Modi Wouldn't Bother Targeting CPI(M), Explained

Why Modi Wouldn't Bother Targeting CPI(M), Explained

Rediff.com27 May 2026

BJP leader V Muraleedharan dismisses claims that Prime Minister Narendra Modi would strike a deal with the Congress to target the CPI(M), stating Modi has 'better things to do'. He also questioned Kerala CM Pinarayi Vijayan's concern over ED raids if he has done nothing wrong.

Bangladesh Cricket Board Election Probe: Sports Minister To Consult ICC

Bangladesh Cricket Board Election Probe: Sports Minister To Consult ICC

Rediff.com18 Mar 2026

Bangladesh's Sports Minister Aminul Haque plans to consult with the ICC regarding alleged irregularities in the Bangladesh Cricket Board elections and will appoint a committee to investigate the country's failure to participate in the T20 World Cup.

Jameel Khan: 'I Turned Down Gullak Because...'

Jameel Khan: 'I Turned Down Gullak Because...'

Rediff.com8 Jun 2026

'The role was of a father, which was a bit unflattering. I thought I would get typecast with this show.' 'Today, after doing five seasons, I feel extremely lucky that I did it.'

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.

How Mahesh Bhatt Alerted Kangana Ranaut To 2008 Mumbai Attacks

How Mahesh Bhatt Alerted Kangana Ranaut To 2008 Mumbai Attacks

Rediff.com2 Jun 2026

Actor-politician Kangana Ranaut shared her experience during the 2008 Mumbai terror attacks, revealing that director Mahesh Bhatt was the first to alert her and her Bollywood peers while they were at a party.

Mother Dairy Unveils India's First Degradable Milk Pouch

Mother Dairy Unveils India's First Degradable Milk Pouch

Rediff.com2 Jun 2026

Mother Dairy has launched a naturally degradable milk pouch, a first in India, designed to break down in soil and reduce plastic waste. The new packaging will be used for cow milk across Delhi-NCR starting June 5th.

Kerala Police Arrest Four After ED Officials Attacked

Kerala Police Arrest Four After ED Officials Attacked

Rediff.com27 May 2026

Kerala police have arrested four individuals in connection with the violent attack on vehicles carrying Enforcement Directorate (ED) officials who raided former Kerala CM Pinarayi Vijayan's rented house. The arrests followed a stand-off with CPI(M) party workers and leaders.

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

Rediff.com4 Jun 2026

Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.

13 Terrific Movies That Rocked Cannes

13 Terrific Movies That Rocked Cannes

Rediff.com2 Jun 2026

13 films from the 2026 Cannes film festival, highlighting award-winning international cinema, unexpected gems, and restored classics that truly celebrated the art of filmmaking.

Local clubs hope World Cup fuels soccer growth in the United States

Local clubs hope World Cup fuels soccer growth in the United States

Rediff.com5 Jun 2026

As the 2026 FIFA World Cup comes to the United States, Bay Area soccer clubs and supporters hope the tournament will inspire a new generation of fans and strengthen the region's thriving grassroots football culture.

No lapses will be tolerated: Pradhan reviews CBSE evaluation system

No lapses will be tolerated: Pradhan reviews CBSE evaluation system

Rediff.com28 May 2026

Union Education Minister Dharmendra Pradhan has directed officials to address issues faced by students regarding the CBSE examination system, following allegations of irregularities. The government has committed to transparency and accountability, assuring that all genuine concerns will be addressed effectively.

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.'

Don 3 To Hera Pheri 3: 10 'Cursed' Sequels

Don 3 To Hera Pheri 3: 10 'Cursed' Sequels

Rediff.com28 May 2026

Bollywood has announced plenty of high-profile sequels with fanfare, only for a few of them to vanish into endless delays, casting chaos and development hell.

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Rediff.com18 May 2026

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

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of a money laundering probe linked to the CMRL case involving his daughter, Veena Vijayan.

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.

Why ED Raided Pinarayi Vijayan's Residence

Why ED Raided Pinarayi Vijayan's Residence

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of its money laundering probe linked to the CMRL case involving his daughter.

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Rediff.com27 May 2026

Kerala Home Minister Ramesh Chennithala has condemned the violent attack on Enforcement Directorate (ED) officials' vehicles, alleging a CPI(M) conspiracy to disrupt law and order. He asserted that those involved will face stringent legal action, regardless of their status.

Indian Navy's Submarine Shortfall Dilemma

Indian Navy's Submarine Shortfall Dilemma

Rediff.com2 Jun 2026

Experts' worries intensified after Pakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, last month.

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

Rediff.com28 May 2026

CPI(M) workers clashed with security personnel outside former Chief Minister Pinarayi Vijayan's residence in Kerala during Enforcement Directorate (ED) searches related to the alleged CMRL monthly payment case involving his daughter.

Middle East conflict: ICC's finance committee discussions to be held virtually

Middle East conflict: ICC's finance committee discussions to be held virtually

Rediff.com10 Mar 2026

The International Cricket Council (ICC) has cancelled its Board and committee meetings due to the ongoing military conflict in West Asia, according to a report by ESPNcricinfo on Tuesday.

Mollywood Times Review: Love-Hate Letter To Cinema!

Mollywood Times Review: Love-Hate Letter To Cinema!

Rediff.com6 Jun 2026

If you enjoy dark comedies, have even a passing understanding of the film industry, or simply recognise the absurdities of the world around you, then Mollywood Times emerges as one of the sharpest and most compelling love-hate letters written to Malayalam cinema, applauds Sreeju Sudhakaran.