News for 'Board of Directors'

Emergency: What Priyanka Gandhi Told Kangana

Emergency: What Priyanka Gandhi Told Kangana

Rediff.com8 Jan 2025

'Indira Gandhi was a very weak person,' Kangana claimed. 'She had many crutches around and was constantly seeking validation.'

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

Rediff appoints Infibeam's Vishal Mehta as CMD

Rediff appoints Infibeam's Vishal Mehta as CMD

Rediff.com3 Oct 2024

Rediff.com, one of India's pioneering internet companies, on Tuesday announced the appointment of Mr Vishal Mehta as its new Chairman and Managing Director. This key leadership change follows Infibeam Avenues Ltd's acquisition of a majority stake in Rediff.com.

'I Don't Know How 2025 Will Turn Out'

'I Don't Know How 2025 Will Turn Out'

Rediff.com19 Dec 2024

When I go to act in a film, I don't think of the journey.'

HC stays trial proceedings against Chidambaram in ED case

HC stays trial proceedings against Chidambaram in ED case

Rediff.com20 Nov 2024

The Delhi high court on Wednesday stayed the trial court proceedings against senior Congress leader P Chidambaram in the Aircel-Maxis case lodged by the Enforcement Directorate.

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Rediff.com16 Oct 2024

Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.

IPO boom: Record Rs 1.6 lakh cr raised in 2024

IPO boom: Record Rs 1.6 lakh cr raised in 2024

Rediff.com22 Dec 2024

Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures

Spicejet founder director Ajay Singh exits board

Spicejet founder director Ajay Singh exits board

Rediff.com27 Aug 2010

Ajay Singh, one of the founder directors of Spicejet, has left the board of the low-cost airline, paving the way for restructuring of the company by its new owner Kalanithi Maran, the promoter of Sun TV.

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Rediff.com31 Dec 2024

Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal since the US bribery indictment. In a statement, Adani Enterprises Ltd -- which held 43.94 per cent stake in Fortune brand cooking oil, wheat flour and other food product maker Adani Wilmar Ltd -- said it will sell 31.06 per cent stake to Wilmar International. About 13 per cent will be sold in the open market to meet minimum public shareholding requirements.

'Don't Jump In Because It's Fashionable To Be An Entrepreneur'

'Don't Jump In Because It's Fashionable To Be An Entrepreneur'

Rediff.com12 Nov 2024

'I tell young entrepreneurs if you don't have a great idea, if you don't have a good business model, don't think of a start-up.'

Two new directors to join ONGC board

Two new directors to join ONGC board

Rediff.com11 Feb 2011

After weeks of delay, Oil Minister S Jaipal Reddy has agreed to clear appointment of two independent directors on board of Oil and Natural Gas Corp (ONGC), a requirement that was must for the state-owned firm's public offering next month.

Your salary, last year, was more than Mukesh Ambani's!

Your salary, last year, was more than Mukesh Ambani's!

Rediff.com7 Aug 2024

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, 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.

RIL seeks postal ballot for Ambani third-gen's board appointment

RIL seeks postal ballot for Ambani third-gen's board appointment

Rediff.com26 Sep 2023

Oil to telecom conglomerate Reliance Industries (RIL) has initiated the process to seek shareholders' approval for the appointment of the third generation of the Ambani family on the company's board. The remote voting through postal ballot will start from September 27 onwards. In a separate note, CreditSights said a trust and hold-co model could be a possibility for the anticipated succession at RIL.

Delhi Capitals' Ganguly gets new role at JSW Sports

Delhi Capitals' Ganguly gets new role at JSW Sports

Rediff.com17 Oct 2024

Ganguly joined Delhi Capitals in 2019 as an advisor, where he worked alongside coach Ricky Ponting, and later returned to the franchise as Director of Cricket after his stint as BCCI president.

Practice of permanent board seats at listed companies likely to end

Practice of permanent board seats at listed companies likely to end

Rediff.com22 Feb 2023

The Securities and Exchange Board of India (Sebi) has proposed to put a stop to the practice of certain directors occupying permanent board seats at listed companies. The regulator has suggested that the directorship of any individual serving on the board should be subject to periodic approval from shareholders, at least once in five years. In a discussion paper issued on Tuesday, Sebi said a few promoters enjoyed permanency on the board, giving them an undue advantage, prejudicial to the interests of public shareholders.

The two contenders to replace Jay Shah as BCCI secretary

The two contenders to replace Jay Shah as BCCI secretary

Rediff.com28 Sep 2024

Anil Patel, the secretary of Gujarat Cricket Association and Rohan Jaitley, son of late Arun Jaitley and the president of the Delhi and District Cricket Association are the two names in running to take over as BCCI secretary.

Equity NFO pipeline remains strong despite mkt weakness

Equity NFO pipeline remains strong despite mkt weakness

Rediff.com6 Nov 2024

The equity market's recent downturn appears unlikely to slow the brisk pace of mutual fund (MF) scheme launches, at least in the coming weeks. Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November. The number of filing with markets regulator, Securities and Exchange Board of India (Sebi), suggests this momentum will continue with asset management companies (AMCs) seeking approval for 21 more equity schemes in October.

Beyond IIT-JEE: Important Engineering Entrance Exams

Beyond IIT-JEE: Important Engineering Entrance Exams

Rediff.com9 Jan 2025

Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.

Three directors resign from defunct Kingfisher Airline's board

Three directors resign from defunct Kingfisher Airline's board

Rediff.com8 Apr 2014

Kingfisher Airlines's has hit a rough patch again with three of its directors resigning for better prospects.

Indian American CEO appointed to New York's racial justice board

Indian American CEO appointed to New York's racial justice board

Rediff.com24 Apr 2023

Udai Tambar, an Indian-origin CEO involved in youth development services in the US, is among 15 experts appointed as members of the newly-formed racial justice advisory board in New York City.

More directors to join Satyam board soon

More directors to join Satyam board soon

Rediff.com14 Jan 2009

The government is likely to appoint more directors on the board of the crisis-ridden Satyam Computer Services soon. "More directors will be appointed within two days," a senior official of the Ministry of Corporate Affairs said.

Yousuf resigns as PCB selector amidst media backlash

Yousuf resigns as PCB selector amidst media backlash

Rediff.com29 Sep 2024

Yousuf, who had been attached with the Pakistan Cricket Board in different roles since last year, was part of a broad-based national selection committee that includes two former Test players, head coaches, captains and an analyst, among others.

BharatPe settles dispute with Ashneer Grover; severs all ties

BharatPe settles dispute with Ashneer Grover; severs all ties

Rediff.com30 Sep 2024

Fintech company BharatPe on Monday said that its former co-founder Ashneer Grover will neither be associated with the company in any capacity nor be a part of its shareholding as part of a settlement agreement signed between them. Grover was removed from the position of managing director of BharatPe by the company's board in March 2022.

Badani named Delhi Capitals Head Coach

Badani named Delhi Capitals Head Coach

Rediff.com17 Oct 2024

'It's my absolute honour to be joining Delhi Capitals, and I'm deeply grateful to our owners for trusting me with the job.'

'Noel Tata Should Be Inducted Into Tata Sons Soon'

'Noel Tata Should Be Inducted Into Tata Sons Soon'

Rediff.com12 Oct 2024

'The quality of a leader should be such that even if the leader is not there, the institution carries on.'

Will Poonawalla Let Karan Johar Thrive?

Will Poonawalla Let Karan Johar Thrive?

Rediff.com27 Nov 2024

A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.

Why Tailor Your Travel Insurance

Why Tailor Your Travel Insurance

Rediff.com20 Dec 2024

Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.

RBI supersedes Abhyudaya Co-op Bank board for poor governance

RBI supersedes Abhyudaya Co-op Bank board for poor governance

Rediff.com25 Nov 2023

The Reserve Bank on Friday superseded the board of the city-based Abhyudaya Cooperative Bank on concerns emanating from "poor governance" and appointed an administrator to manage the affairs of the lender. In what can be seen as a step that should allay depositors' concerns, the central bank did not put any restrictions or moratorium on deposit withdrawals because of the comfort it gets on the bank's finances, according to people in the know. "(The) action is necessitated due to certain material concerns emanating from poor governance standards observed in the bank.

Why Brands Are Chasing Gukesh

Why Brands Are Chasing Gukesh

Rediff.com14 Dec 2024

'With an achievement like this, Gukesh could even be endorsing global brands.'

PCB strips captain, coach of authority

PCB strips captain, coach of authority

Rediff.com14 Oct 2024

Pakistan captain Shan Masood and head coach Jason Gillespie will no longer have a say in selection matters after the PCB selectors cut down their powers, according to a source.

'I'm Quite Disappointed In Our Country'

'I'm Quite Disappointed In Our Country'

Rediff.com2 Sep 2024

'An emergency has been imposed on my film too. It's a very hopeless state.'

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

Madhavan Nair removed from BEL board of directors

Madhavan Nair removed from BEL board of directors

Rediff.com21 Jun 2012

In a belated action, defence public sector undertakings Bharat Electronics Limited has removed former Indian Space Research Organisation Chairman G Madhavan Nair from its Board of Directors as he was barred from holding any government post for his role in the controversial Antrix-Devas deal.

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

Anil Ambani resigns as director of RPower, RInfra

Anil Ambani resigns as director of RPower, RInfra

Rediff.com25 Mar 2022

Reliance Group chairman Anil Ambani on Friday resigned as director of Reliance Power and Reliance Infrastructure, following markets regulator Sebi order restraining him from associating with any listed company. "Anil D Ambani, non-executive director, steps down from the board of Reliance Power in compliance of SEBI (Securities and Exchange Board of India) interim order," Reliance Power said in a BSE filing. In a separate filing to the stock exchange, Reliance Infrastructure said that Anil Ambani has stepped down from its board "in compliance of SEBI interim order".

'Don't Be Disrespectful To Pakistan's Captain'

'Don't Be Disrespectful To Pakistan's Captain'

Rediff.com1 Oct 2024

'We've faced some tough times, but we've learned from our mistakes and are ready to give it our all against England.'

Political unrest shakes BCB: What it means for Shakib's future

Political unrest shakes BCB: What it means for Shakib's future

Rediff.com22 Aug 2024

Shakib Al Hasan, who was a lawmaker in the Awami League, was cleared by Bangladesh's new interim government last week to face Pakistan in a two-match Test series.

Ten Hag not stressed even as United off to worst EPL start

Ten Hag not stressed even as United off to worst EPL start

Rediff.com7 Oct 2024

'We created loads of chances in our seven (Premier League) games but we have to step up.'

Rosneft inks record oil supply deal with RIL

Rosneft inks record oil supply deal with RIL

Rediff.com13 Dec 2024

Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.

'Human Attention Span Is Now Less Than Goldfish's'

'Human Attention Span Is Now Less Than Goldfish's'

Rediff.com21 Dec 2024

'What scares me is the fact that there is so much content that people have content indigestion.' 'How do you entice people who have indigestion of content?'