News for 'Board of Directors'

New I-T bill may be introduced in LS next week: Sitharaman

New I-T bill may be introduced in LS next week: Sitharaman

Rediff.com8 Feb 2025

Finance Minister Nirmala Sitharaman on Saturday said she is likely to introduce the new income tax bill, which will replace the six-decade-old I-T Act, in the Lok Sabha in the coming week.

Said what 1st dy CM said about 2nd dy CM: Kamra on Shinde row

Said what 1st dy CM said about 2nd dy CM: Kamra on Shinde row

Rediff.com25 Mar 2025

In a lengthy statement on X late Monday night, a defiant Kamra said those busy leaking his number on social media or calling him incessantly should know that it all goes to his voicemail where they will be subjected to "the very song" that they hate.

'Truly no words to capture the depth of our sorrow'

'Truly no words to capture the depth of our sorrow'

Rediff.com31 Jan 2025

US skating mourns athletes lost in plane crash

Follow KYC norms or face regulatory action: RBI to banks

Follow KYC norms or face regulatory action: RBI to banks

Rediff.com19 Nov 2024

RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both "precision and empathy", failing which regulatory actions will be taken against them by the central bank. Addressing a Conference of Directors of Private Sector Banks here on Monday, the Deputy Governor also expressed concern that in many cases, customer grievance mechanisms, including the Internal Ombudsman structure, are treated more as a formality than as a robust, effective resource.

Kangana: 'Bahut Sangharsh Raha'

Kangana: 'Bahut Sangharsh Raha'

Rediff.com8 Jan 2025

'I had no idea I would endure difficult times while making this film.'

Market regulator Sebi extends MF expense structure to new asset class

Market regulator Sebi extends MF expense structure to new asset class

Rediff.com18 Dec 2024

Specialised investment fund (SIF), a new asset class, will have the same expense structure as that of mutual funds (MFs), according to rules notified by the Securities and Exchange Board of India (Sebi). SIF, which was first proposed by Sebi in July 2024, aims to fill the gap between MFs and portfolio management services (PMS), and it looks at informed investors, who are willing to take riskier bets.

'We Have Been Validated Yet Again'

'We Have Been Validated Yet Again'

Rediff.com4 Mar 2025

'The country that does most of the visual effects, more than any other country, is India.' 'There are more Indians working on VFX in any major Hollywood film than there are in Indian films.'

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.

Shivraj given 'broken seat' on Air India flight, probe ordered

Shivraj given 'broken seat' on Air India flight, probe ordered

Rediff.com22 Feb 2025

Union Minister Shivraj Singh Chouhan on Saturday slammed Tata Group-owned Air India for allotting him a 'broken and sunk' seat, prompting his ministerial colleague K Rammohan Naidu to instruct the airline to take 'necessary action'.

What Does RBI Want To Discuss With Private Banks?

What Does RBI Want To Discuss With Private Banks?

Rediff.com4 Nov 2024

Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.

Food Trends At Weddings Reach New Heights

Food Trends At Weddings Reach New Heights

Rediff.com13 Mar 2025

Customised restaurant recreations, cafe setups, pop-ups by Michelin-star chefs, bespoke table linens with monograms and couple-themed hashtags.

Nestaway co-founder accuses Tiger Global, Goldman of fraud

Nestaway co-founder accuses Tiger Global, Goldman of fraud

Rediff.com3 Jan 2025

Bengaluru-based Nestaway's co-founder Amarendra Sahu has filed an First Information Report (FIR) alleging fraud, cheating, forgery of documents and criminal intimidation against Tiger Global, Chiratae Ventures and Goldman Sachs, in a rare instance of a startup founder filing a criminal complaint against its investors. The investors have approached the Orissa High Court, seeking to quash the FIR filed in September last year with the Bhubaneswar Police. The next hearing of the matter is scheduled for January 9.

Former skipper Belinda Clark among favourites to head CA

Former skipper Belinda Clark among favourites to head CA

Rediff.com20 Oct 2024

CA boss Nick Hockley to step down

Fundraising via equity, debt hit all-time high in 2024

Fundraising via equity, debt hit all-time high in 2024

Rediff.com10 Jan 2025

Fundraising by Indian corporates through equity and debt reached all-time high in the calendar year 2024, according to primedatabase.com. The overall public equity fundraising stood at Rs 3.7 trillion in 2024, a rise of 159 per cent from Rs 1.4 trillion in 2023. If Rights Issues of Rs 25,973 crore were to be added, the overall equity fundraising would touch nearly Rs 4 trillion in 2024.

Vande Bharat All Set For The Mountains

Vande Bharat All Set For The Mountains

Rediff.com9 Jan 2025

The new Vande Bharat Express train is specially designed to operate seamlessly in Jammu & Kashmir's challenging winter conditions for the upcoming Katra-Srinagar rail route.

Why Binny Bansal will continue to remain a director of Flipkart board

Why Binny Bansal will continue to remain a director of Flipkart board

Rediff.com16 Nov 2018

A board position requires one to hold at least 3 per cent of the outstanding shares. Binny holds around 5 per cent stake in Flipkart

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.

'Shah Rukh Is Ready To Direct A Film'

'Shah Rukh Is Ready To Direct A Film'

Rediff.com12 Feb 2025

'His understanding of human nature and emotions can never be matched by me.'

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.

Mid & Smallcap SIPs: Hold Or Exit?

Mid & Smallcap SIPs: Hold Or Exit?

Rediff.com27 Feb 2025

Younger investors with long investment horizons may continue their SIPs.

Jay Shah takes over as ICC chairman

Jay Shah takes over as ICC chairman

Rediff.com1 Dec 2024

Jay Shah expressed his vision to grow the global reach of the sport with a particular focus on the opportunity of the Olympic Games in Los Angeles in 2028.

Historic milestone: India women to play Test at Lord's

Historic milestone: India women to play Test at Lord's

Rediff.com22 Aug 2024

Lord's, the 'home of cricket', will host its first-ever Women's Test between India and England in 2026, the ECB announced on Thursday.

'Why Can't Women Be Crazy In Love?'

'Why Can't Women Be Crazy In Love?'

Rediff.com18 Mar 2025

'It's always the men who are going crazy, barbaad. They never show a woman going crazy like that.' 'A woman has to be very proper, sitting on a swing, crying.'

'7,000 More MBBS Seats, 3,000 For PG'

'7,000 More MBBS Seats, 3,000 For PG'

Rediff.com17 Feb 2025

India is trying to add 75,000 medical seats in five years as it also eyes to touch the WHO standard of one doctor for every 1,000 persons.

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.

For a slightly higher government capex outlay

For a slightly higher government capex outlay

Rediff.com11 Feb 2025

While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.

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.

7 of 13 passengers killed in Jalgaon train tragedy hailed from Nepal

7 of 13 passengers killed in Jalgaon train tragedy hailed from Nepal

Rediff.com23 Jan 2025

Seven of the 13 people who died in a train accident in Maharashtra's Jalgaon district were from Nepal. The accident occurred when passengers on the Mumbai-bound Pushpak Express got off the train after an alarm chain-pulling incident and were run over by the Karnataka Express on the adjacent tracks. A fire rumour spread in the train, prompting passengers to jump off. The incident highlighted the dangers of chain-pulling and the need for better safety measures on Indian Railways.

Derivatives volumes crash 37% in Dec as Sebi tightens trading norms

Derivatives volumes crash 37% in Dec as Sebi tightens trading norms

Rediff.com27 Dec 2024

The derivatives trading volume has seen a 37 per cent month-on-month decline in December following a slew of measures undertaken by the market regulator Securities Exchange Board of India (Sebi) to curb the frenzy in the derivatives segment. The average daily turnover (ADTV) for the derivatives segment (notional turnover for options segment) so far this month is at Rs 280 trillion - the lowest since June 2023-compared to Rs 442 trillion in November.

ICC confirms CT 2025 Hybrid Model, India vs Pakistan in UAE

ICC confirms CT 2025 Hybrid Model, India vs Pakistan in UAE

Rediff.com6 Dec 2024

According to a top ICC source, the decision was more or less finalised during an informal meeting between the body's new president Jay Shah and the Board of Directors, including Pakistan, at its headquarters in Dubai on Thursday.

'Everything Is Give-And-Take With Trump'

'Everything Is Give-And-Take With Trump'

Rediff.com12 Feb 2025

'Transactionalism is in his DNA.'

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

Rediff.com6 Nov 2024

IL&FS group has discharged debt of Rs 38,082 crore to its creditors as of September 30, 2024, according to the latest status report affidavit filed by the debt-ridden firm before insolvency appellate tribunal NCLAT. "As on September 30, 2024, the total debt discharged to creditors of the Respondent No 1 (IL&FS) Group aggregates to Rs 38,082 crore," the status report said. This includes Rs 20,289 crore from monetisation of assets, Rs 8,140 crore from auto-debits, green entity principal servicing, NFB release and Rs 9,653 crore from interim distribution.

Akasa Air faces DGCA heat for lapses

Akasa Air faces DGCA heat for lapses

Rediff.com15 Jan 2025

Aviation watchdog DGCA has issued a warning letter to Akasa Air's accountable manager Vinay Dube, who is also its founder and CEO, for regulatory lapses, days after the airline was warned for violating norms related to handling dangerous goods.

Will Hathiram Be Killed In Paatal Lok?

Will Hathiram Be Killed In Paatal Lok?

Rediff.com4 Mar 2025

'I insisted only Jaideep could play Inspector Haathiram Chaudhary.' 'Yes, Jaideep is a really good actor but this was not just about the performance.' 'Even that tired walk of him reflects the mood and theme of the show.'

Jay Shah to head ICC for three years

Jay Shah to head ICC for three years

Rediff.com21 Oct 2024

During the ICC board meeting, the global body also approved a series of women's Associate Member T20 competitions to boost the competitiveness of smaller cricket-playing nations as it prepares for the expansion of women's events in the 2028-2031 cycle.

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

Rediff.com11 Nov 2024

The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.

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.

Varun Dhawan's Body Double Becomes A Star

Varun Dhawan's Body Double Becomes A Star

Rediff.com5 Feb 2025

'I've had a 10-and-a-half year journey behind the camera and people don't know who I am.'

Everest climbing fees hiked to tackle trash crisis

Everest climbing fees hiked to tackle trash crisis

Rediff.com23 Jan 2025

Nepal has sharply increased permit fees for climbing Mount Everest by 36 per cent and also introduced a slew of measures aimed at controlling garbage pollution on the world's tallest peak, officials said.

HUL Q3 net profit up 19% at Rs 2,989 cr

HUL Q3 net profit up 19% at Rs 2,989 cr

Rediff.com22 Jan 2025

FMCG major Hindustan Unilever Ltd on Wednesday reported a 19.18 per cent rise in consolidated net profit at Rs 2,989 crore in the December quarter.