News for 'Board of Directors'

What Junaid And Khushi Are *Really* Like

What Junaid And Khushi Are *Really* Like

Rediff.com6 Feb 2025

'When I bought my first car after Secret Superstar, Junaid said, what a waste of money, autos are so convenient. Khushi is 10 minutes early for every meeting.'

'Shreyas Was Competitive In Anything He Played'

'Shreyas Was Competitive In Anything He Played'

Rediff.com8 Mar 2025

'Even in PlayStation games, he was keen to win.'

K'taka budget: Sidda announces Muslim quota for govt supplies

K'taka budget: Sidda announces Muslim quota for govt supplies

Rediff.com8 Mar 2025

Karnataka Chief Minister Siddaramaiah announced reservation for Muslims in supplying goods and services up to a value of Rs 1 crore to various government departments, corporations and institutions in the state budget for 2025-26. The budget also increased the value limit of government contracts in which Muslims can avail reservation to Rs 2 crore. The reservation to Muslims under 2B category is in addition to the Scheduled Caste, Scheduled Tribe, and Castes coming under Category-1, Category-2A. The budget also included various welfare schemes for minorities, including Rs 50,000 to support simple marriages and Rs 1,000 crore under the Chief Minister's Minority Colony Development Programme.

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.

Gyanesh Kumar appointed as next CEC

Gyanesh Kumar appointed as next CEC

Rediff.com18 Feb 2025

Gyanesh Kumar, a 1988-batch Kerala Cadre IAS officer, has been appointed as the next Chief Election Commissioner (CEC) of India. Kumar, who was previously an Election Commissioner, will serve until January 26, 2029. His appointment comes amidst controversy as the Congress party demanded the government defer its decision until the Supreme Court concludes its hearing on a petition challenging the composition of the selection panel. Kumar's tenure will see him oversee several state assembly elections, including Bihar, Kerala, Puducherry, Tamil Nadu, and West Bengal.

Roshni Nadar Malhotra, 3rd Richest Indian

Roshni Nadar Malhotra, 3rd Richest Indian

Rediff.com10 Mar 2025

Only Mukesh Ambani and Gautam Adani are ahead of her.

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.

'Women In Paatal Lok Rarely Cry'

'Women In Paatal Lok Rarely Cry'

Rediff.com26 Feb 2025

'No woman is stronger than one who acknowledges her vulnerabilities.'

Anuja Review: Oscar Hopeful Aims For The Heart

Anuja Review: Oscar Hopeful Aims For The Heart

Rediff.com6 Feb 2025

Palak and Anuja endear us to their bittersweet world, observes Sukanya Verma.

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.

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

COMING UP On OTT This February

COMING UP On OTT This February

Rediff.com30 Jan 2025

February has some promising original content streaming on OTT.

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.

Tendulkar, Lara, Buttler: Greats who struggled as captains!

Tendulkar, Lara, Buttler: Greats who struggled as captains!

Rediff.com1 Mar 2025

Jos Buttler joins greats Sachin Tendulkar and Brian Lara as players who failed to translate their many individual triumphs into success as captains.

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.

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.'

'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

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Rediff.com28 Feb 2025

The share of Ahmedabad in the total value of trades on both the BSE and NSE is set to touch double digits for the third year in a row.

ICICI nominee directors still on board: Subhiksha

ICICI nominee directors still on board: Subhiksha

Rediff.com24 Feb 2009

Subhiksha's founder and Managing Director R Subramanian, while refuting the allegations of ICICI Venture, said his company hasn't received any resignations from the nominees of ICICI even though the private equity firm claimed it had withdrawn its nominees.

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.

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".

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.

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.

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.

Will Trump-Putin Reach A Deal On Ukraine?

Will Trump-Putin Reach A Deal On Ukraine?

Rediff.com2 Apr 2025

Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.

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.

Oberoi-led EIH board appoints Nita Ambani director

Oberoi-led EIH board appoints Nita Ambani director

Rediff.com1 Nov 2011

In a statement to the Bombay Stock Exchange, the company said it had appointed Nita Ambani and three others as additional directors.

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'.

'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.'

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.

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.

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.

Govt readies plan to bolster PSU bank boards

Govt readies plan to bolster PSU bank boards

Rediff.com25 Jul 2022

The central government is looking to strengthen the boards of public sector banks (PSBs) by specifying terms of office and conditions of service for whole-time directors, and also seeking disclosures from all directors about interests in other companies. Through the Banking Laws Amendment Bill, the government is likely to introduce conditions for disqualification of whole-time and independent directors which are not specified in the current legislation. The Centre is seeking to introduce fresh changes that are aimed at strengthening the boards of PSBs, and holding their directors accountable, an official said.

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.

'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.'

Can Waqar Younis revive Pakistan cricket's fortunes?

Can Waqar Younis revive Pakistan cricket's fortunes?

Rediff.com30 Jul 2024

PCB chairman Mohsin Naqvi is contemplating appointing former captain Waqar Younis as the director of cricket affairs.

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.

Senior directors in India Inc hold more board seats than allowed

Senior directors in India Inc hold more board seats than allowed

Rediff.com5 Aug 2015

Ten months after new Sebi norms set in, some senior directors still hold more board seats than allowed.

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.

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.