News for 'Board of Directors'

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

ICC may tweak two-ball rule in ODIs

ICC may tweak two-ball rule in ODIs

Rediff.com14 Apr 2025

Format-change for U19 men's World Cup

'I'm The Only Acknowledged Dalit In All Of Hindi Cinema History'

'I'm The Only Acknowledged Dalit In All Of Hindi Cinema History'

Rediff.com11 Jun 2025

'If you look around the world at people of colour, religion, caste, sexuality or any of the marginalised communities, we are always talking in numbers.' 'We are always assigning them a statistic.' 'That is an easy way to assuage your urban guilt. Because you hide your apathy with hollow sympathy.' 'We are, in a way, making them invisible.'

4 killed after falling off overcrowded local trains in Thane

4 killed after falling off overcrowded local trains in Thane

Rediff.com9 Jun 2025

The incident occurred between Diva and Kopar railway stations when the overcrowded train was going towards Kasara, an official said.

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.

IL&FS dispenses Rs 45,281 cr debt to lenders

IL&FS dispenses Rs 45,281 cr debt to lenders

Rediff.com7 Apr 2025

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024.

IndiGo crew sought to enter Pak airspace, confirms DGCA

IndiGo crew sought to enter Pak airspace, confirms DGCA

Rediff.com23 May 2025

An IndiGo flight from Delhi to Srinagar encountered severe turbulence near Pathankot on Wednesday, prompting the crew to request permission to enter Pakistani airspace to avoid the weather. However, their request was denied. The aircraft, an A321 neo operating flight 6E 2142, experienced hailstorm and turbulence, triggering various warnings and forcing the autopilot to trip. The crew managed to safely land the aircraft in Srinagar after a harrowing experience. The incident is under investigation by the Directorate General of Civil Aviation (DGCA), which confirmed there were no injuries to passengers but noted damage to the aircraft's nose radome.

Are The Rich Paying Less Tax?

Are The Rich Paying Less Tax?

Rediff.com3 May 2025

They are not just underreporting income; they are reshaping what the income tax system perceives, says study.

Russian energy giant Rosneft appoints first Indian on its board

Russian energy giant Rosneft appoints first Indian on its board

Rediff.com7 Jul 2023

Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India. G K Satish, who retired as director for business development at IOC in 2021, is one of the three new faces appointed to the 11-strong board of directors of Rosneft, according to a statement issued by the Russian firm. Satish, 62, is the first Indian to be appointed to the board of Rosneft.

'Nowhere In Empuraan Did They Mention Godhra'

'Nowhere In Empuraan Did They Mention Godhra'

Rediff.com9 Apr 2025

'They just showed riots created by some political party. They never mentioned the name of the place or the political party.' 'I don't know why these people are agitated.'

'Today, We Are Too Sensitive'

'Today, We Are Too Sensitive'

Rediff.com16 Apr 2025

'We have had several films on the caste system but they are all in different decades, when sensibilities were mature enough to comprehend.' 'Today, we are in a different zone of thought.'

MCX board approves appointment of 5 new directors

MCX board approves appointment of 5 new directors

Rediff.com23 Oct 2013

The board of directors at its meeting held on October 22, approved the said appointments, the exchange said in a regulatory filing on Wednesday.

Wagh Bakri group executive director Parag Desai passes away

Wagh Bakri group executive director Parag Desai passes away

Rediff.com23 Oct 2023

Wagh Bakri Tea Group executive director Parag Desai died at a hospital in Ahmedabad while being treated for severe brain injuries suffered after a fall, a senior company official said on Monday. Desai, 50, suffered severe brain haemorrhage after falling on a hard surface while going for a walk outside his residence on the evening of October 15, the official said. "Desai fell and suffered a brain haemorrhage, and fainted.

A proposal to have India's IPL stars in The Hundred!

A proposal to have India's IPL stars in The Hundred!

Rediff.com23 Apr 2025

ECB should offer BCCI minority ownership in Hundred to attract Indian players: Lancashire CEO

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

Rediff.com26 Sep 2023

While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.

Why Are Banks Striking On March 24-25?

Why Are Banks Striking On March 24-25?

Rediff.com7 Feb 2025

Bank employees want a five day work week.

Cricket back in Asian Games: 2026 edition to feature T20s

Cricket back in Asian Games: 2026 edition to feature T20s

Rediff.com30 Apr 2025

The Olympic Council of Asia (OCA) has confirmed that cricket will be included in the 2026 Asian Games in Aichi-Nagoya, Japan.

'After The Scene, He Broke Down And Wept'

'After The Scene, He Broke Down And Wept'

Rediff.com6 Jun 2025

'The entire shoot paused after that.' 'There was a heaviness on set -- a shared recognition of the horror we were portraying.'

Where Have All The Share Buybacks Gone?

Where Have All The Share Buybacks Gone?

Rediff.com15 May 2025

Without changes to the taxation rules, buybacks are expected to remain scarce.

Independent directors on board likely: Subhiksha

Independent directors on board likely: Subhiksha

Rediff.com5 Mar 2009

Crisis-ridden retail chain Subhiksha on Thursday said it will explore options to induct more independent directors into the company's board.

Rs 45 Bn Scam: ED Launches Searches

Rs 45 Bn Scam: ED Launches Searches

Rediff.com4 Mar 2025

The Enforcement Directorate said on Monday that it had conducted search operations at four locations in Mumbai and Delhi as part of its money laundering investigation into an alleged Rs 4,500 crore (Rs 45 billion) fraud by Pancard Clubs Limited and others, in which more than 5 million investors have been duped.

Beware High-Fee, Low-Return Funds

Beware High-Fee, Low-Return Funds

Rediff.com30 May 2025

A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.

YES Bank's Rana and Madhu Kapoor to name one director each

YES Bank's Rana and Madhu Kapoor to name one director each

Rediff.com30 Jan 2019

Sources close to the bank said non-executive and non-independent director Ajai kumar had been recommended for the interim CEO role.

Tech Mahindra directors join Satyam board

Tech Mahindra directors join Satyam board

Rediff.com27 May 2009

Four nominee directors of Tech Mahindra, including its chief executive officer Vineet Nayyar, on Wednesday joined the board of the embattled IT firm Satyam Computer.

RBI directs pvt banks to have at least two wholetime directors

RBI directs pvt banks to have at least two wholetime directors

Rediff.com26 Oct 2023

In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI's approval within four months. Banks need prior approval from the banking regulator for the appointment of wholetime directors.

BCB seeks army's assurance for Women's T20 WC in Bangladesh

BCB seeks army's assurance for Women's T20 WC in Bangladesh

Rediff.com10 Aug 2024

The Bangladesh Cricket Board has written to Bangladesh's army chief of staff General Waker-Uz-Zaman seeking security assurance for organising the women's T20 World Cup.

Meet new BCCI secretary Devajit Saikia

Meet new BCCI secretary Devajit Saikia

Rediff.com12 Jan 2025

A former cricketer, Devajit Saikia represented Assam in four first-class matches during the 1990s before transitioning to cricket administration.

'Hrithik Will Take Krrish 4 Forward'

'Hrithik Will Take Krrish 4 Forward'

Rediff.com28 Mar 2025

'The franchise can grow only if it evolves. And for it to evolve, it has to pass on to a younger hand.'

'Found ball tampering and security issues challenging'

'Found ball tampering and security issues challenging'

Rediff.com1 May 2025

Just-retired ICC match referee David Boon says ball tampering and security issues were the biggest challenges that he found "confronting" during his 14-year tenure in the position.

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Rediff.com28 May 2025

Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.

Maytas board to get 4 independent directors

Maytas board to get 4 independent directors

Rediff.com27 Feb 2009

The CLB principal bench, headed by chairman S Balasubramanian, has suggested the Maytas' board should retain its current board and also have government-nominated independent directors. The bench also hinted giving board representation to its lenders, IDBI Bank and ICICI Bank. However, it was against giving a board seat to IL&FS, as the financial institution had given loans to the promoters against pledging of shares.

Wrong ITR Form Can Delay Tax Returns

Wrong ITR Form Can Delay Tax Returns

Rediff.com27 May 2025

The return filed could be treated as defective, invalid, or even be considered as not filed at all.

Pakistan miffed with ICC over trophy ceremony snub

Pakistan miffed with ICC over trophy ceremony snub

Rediff.com10 Mar 2025

The Pakistan Cricket Board is set to register its protest with the ICC for ignoring its CEO during the trophy ceremony in Dubai on Sunday.

Religare board rallies behind chairperson Saluja, defends her share sale

Religare board rallies behind chairperson Saluja, defends her share sale

Rediff.com21 Nov 2023

The board of Religare Enterprises Ltd (REL) has rallied behind its embattled chairperson Rashmi Saluja, saying she had turned around the financial services company whose market cap has increased to about a billion dollars from under $100 million in March 2018. The board -- which is fending off an Rs 2,200 crore open offer by the Burman family -- said accusations had not only targeted Saluja but the entire Religare management that has made Religare debt free. "Our story has been one of resurgence under the guidance of the Board of Directors led by Saluja, executive chairman.

Honda 2W share rises after on-board norms compliance

Honda 2W share rises after on-board norms compliance

Rediff.com17 Jul 2024

The battle for the top spot in the two-wheeler market is intensifying. The gap between Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI) in retail sales narrowed to just 45,607 units in June. This improvement comes as HMSI has clawed back market share after dipping to a historic low of 18 per cent in May 2023. Now, the retail market shares of the two companies are 28.86 per cent and 25.54 per cent, respectively, compared to 35.54 per cent and 18.05 per cent in May 2023.

Should You Invest In Defence Funds?

Should You Invest In Defence Funds?

Rediff.com21 May 2025

Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.

Pak bans Indian ships after New Delhi's fresh punitive measures

Pak bans Indian ships after New Delhi's fresh punitive measures

Rediff.com4 May 2025

Pakistan has banned Indian-flagged ships from entering its ports with immediate effect after India imposed fresh punitive measures, including a ban on the import of goods and entry of Pakistani vessels into its ports, against Islamabad amid heightened tensions following the Pahalgam terror attack. The move comes after India announced a raft of punitive measures against Pakistan, including the suspension of the Indus Waters Treaty, shutting down of the only operational land border crossing at Attari, and downgrading of diplomatic ties following the terror attack. The Pakistan Army has also conducted a successful training launch of the Abdali Weapon System, a surface-to-surface missile with a range of 450 km, saying it was aimed at ensuring the operational readiness of troops and validating key technical parameters. India considers the test launch of the ballistic missile a "blatant" act of "provocation."

Maruti Suzuki Q4 net profit dips 1% on higher expenses

Maruti Suzuki Q4 net profit dips 1% on higher expenses

Rediff.com26 Apr 2025

Auto major Maruti Suzuki India on Friday said its consolidated net profit declined by 1 per cent year-on-year to Rs 3,911 crore in the fourth quarter ended March 31, 2025, on account of higher expenses. The country's largest carmaker reported a net profit of Rs 3,952 crore in the January-March quarter of FY24.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

No More ITR-2 for LTCG Up To 1.25 Lakh

No More ITR-2 for LTCG Up To 1.25 Lakh

Rediff.com2 May 2025

Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.