News for 'Board of Management'

Sebi board okays new asset class, MF Lite rules

Sebi board okays new asset class, MF Lite rules

Rediff.com1 Oct 2024

The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, designed to offer greater flexibility to fund managers and target investors with a higher risk appetite. The markets regulator also cleared the liberalised Mutual Funds Lite (MF Lite) framework, aimed at fund houses that solely launch passively managed schemes. In another significant move, the board reduced the timeframe for rights issues from the current 317 working days to just 23.

No infra bond issuances in FY26

No infra bond issuances in FY26

Rediff.com26 Jul 2025

Infrastructure bonds, which were relied upon the most in 2024-25 (FY25) by commercial banks to raise funds through the domestic debt capital market amid lagging deposit growth, seem to have lost their sheen in FY26. So far in FY26, no bank has tapped the domestic debt capital market to raise funds via infra bonds, and the expectation is that the amount raised through this route will be significantly lower than that last year, unless credit demand picks up.

Hussain, Atherton lambast 'ridiculous' England top-order

Hussain, Atherton lambast 'ridiculous' England top-order

Rediff.com4 Jul 2025

'Hussain was baffled by England's top three approach on Edgbaston's flat surface when the ball was slightly swinging.

Notices to farmers over individual petition, not by us: Maha Waqf Board

Notices to farmers over individual petition, not by us: Maha Waqf Board

Rediff.com8 Dec 2024

The Maharashtra State Waqf Board has denied issuing notices to farmers in Latur over land ownership. The notices were issued by the Waqf Tribunal following a claim filed by an individual. The Waqf Board says it has not made any claim on land in any village in Latur district.

'Ask a Pakistani...': Army chief mocks Asim Munir's promotion

'Ask a Pakistani...': Army chief mocks Asim Munir's promotion

Rediff.com10 Aug 2025

Army Chief General Upendra Dwivedi asserted that Operation Sindoor was unlike any conventional mission and that it was akin to playing a game of chess as 'we did not know' what would be the enemy's next move.

Amid crisis, Air India asked to remove 3 officials

Amid crisis, Air India asked to remove 3 officials

Rediff.com21 Jun 2025

The three officials include a divisional vice president of the airline, as per the DGCA order.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

The Hundred keen to feed off IPL's 'phenomenal growth'

The Hundred keen to feed off IPL's 'phenomenal growth'

Rediff.com31 Jul 2025

The Hundred looking to feed off IPL's "phenomenal growth" after drawing Indian investment

Cargo shipwreck: Thin oil spill detected, no calcium carbide ashore yet

Cargo shipwreck: Thin oil spill detected, no calcium carbide ashore yet

Rediff.com27 May 2025

The Kerala State Pollution Control Board (KPCB) is on high alert after a Liberian vessel carrying hazardous cargo sank off the Kerala coast. While no calcium carbide containers have washed ashore yet, a thin layer of oil spill has been detected. The KPCB is working to contain the spill and prevent it from reaching the shore, but rough conditions at sea have hampered efforts to spray dispersants. The board is also taking steps to prevent the oil from reaching the Ashtamudi and Vembanad lakes.

Why this deafening silence over crash, Praful Patel asks Singapore Airlines

Why this deafening silence over crash, Praful Patel asks Singapore Airlines

Rediff.com18 Jun 2025

Former Civil Aviation Minister and senior NCP leader Praful Patel on Wednesday questioned the "silence" of Singapore Airlines over the horrific crash of an Air India Boeing 787-8 Dreamliner in Ahmedabad last week.

'Sholay Is 'Dadagiri' Cinematography'

'Sholay Is 'Dadagiri' Cinematography'

Rediff.com11 Aug 2025

'The way the anticipation is built up for Gabbar Singh's introduction scene with sound, image and details of his personality, like the combat boots he wears.' 'The camera comes so close -- not a tele lens shot, but a wide-angle close-up -- that you can almost smell Gabbar's breath.'

'Justice got killed': 7/11 Mumbai train blasts survivors on verdict

'Justice got killed': 7/11 Mumbai train blasts survivors on verdict

Rediff.com21 Jul 2025

'No one got punished for the irreparable damage and pain suffered by thousands of families'

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

'After Quit India, There Could Be No Retreat'

'After Quit India, There Could Be No Retreat'

Rediff.com9 Aug 2025

On the 83rd anniversary of the Quit India movement, Utkarsh Mishra recalls the conditions under which the Congress, led by Mahatma Gandhi, launched the final struggle for independence.

List of companies with high MF ownership swells, midcaps lead the large

List of companies with high MF ownership swells, midcaps lead the large

Rediff.com9 Jul 2025

Mutual funds (MFs) have significantly increased their ownership across market segments, but the midcap space stands out with comparatively higher growth. Data reveals that the number of midcap companies with over a fifth of MF ownership has doubled from nine in March 2022 to 18 by March 2025. In contrast, largecap stocks saw only a marginal rise, from three to four such companies during the same period.

Will Jurel, Kuldeep Play 4th Test?

Will Jurel, Kuldeep Play 4th Test?

Rediff.com19 Jul 2025

Will Sai Sudarshan or Abhimanyu Easwaran bat at No. 3?

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

Bumrah's Back at Lord's. Who's Out?

Bumrah's Back at Lord's. Who's Out?

Rediff.com9 Jul 2025

From Jasprit Bumrah's much-anticipated return to the all-rounder conundrum, the playing XI could very well hold the key to seizing control of this historic series.

Will Kuldeep Play Oval Test?

Will Kuldeep Play Oval Test?

Rediff.com30 Jul 2025

Who do you think should be part of the Indian team for the fifth Test against England?

Not finding direct flight proved fatal for Mumbai family

Not finding direct flight proved fatal for Mumbai family

Rediff.com14 Jun 2025

After the plane crash incident, Imtiyaz and his uncle rushed to Ahmedabad to help the authorities in the identification of victims by providing their DNA samples.

Govt holds safety review after Air India crash, flight disruptions

Govt holds safety review after Air India crash, flight disruptions

Rediff.com20 Jun 2025

The ministry also said it remains committed to full transparency relating to the ongoing investigation and will follow all mandated protocols and norms in the larger interest of the highest standards of passenger Safety and convenience.

Jio Financial gets Sebi nod for mutual fund business

Jio Financial gets Sebi nod for mutual fund business

Rediff.com27 May 2025

Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing.

Archer returns to England team for Lord's Test

Archer returns to England team for Lord's Test

Rediff.com9 Jul 2025

Jofra Archer will play his first Test in more than four years as he replaces fellow seamer Josh Tongue for the third Test at Lord's.

Ratan Tata's Biggest Contribution To Management Theory

Ratan Tata's Biggest Contribution To Management Theory

Rediff.com15 Oct 2024

'It is notable how humble he was and didn't want anything different just because he was a Tata.'

If Your Mutual Fund Shuts, Is Your Money Safe?

If Your Mutual Fund Shuts, Is Your Money Safe?

Rediff.com16 Jul 2025

Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.

The Teen Who Built A Tax Education Game

The Teen Who Built A Tax Education Game

Rediff.com5 Aug 2025

Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.

Day 5 of Assam gas leak: ONGC ropes in expert team, 1,500 people affected

Day 5 of Assam gas leak: ONGC ropes in expert team, 1,500 people affected

Rediff.com16 Jun 2025

The district administration said that air pollution is still within the acceptable limit and the local office of Pollution Control Board, Assam is closely monitoring the situation.

India joins Quad allies in first-ever maritime mission

India joins Quad allies in first-ever maritime mission

Rediff.com1 Jul 2025

The coast guards of India, Japan, the US and Australia have launched the first-ever "Quad-at-sea" mission to boost operational coordination and interoperability in the Indo-Pacific.

Fuel Cutoff, Pilot Confusion Before AI Plane Crash: AAIB Report

Fuel Cutoff, Pilot Confusion Before AI Plane Crash: AAIB Report

Rediff.com12 Jul 2025

A preliminary investigation into the Air India Flight 171 crash in Ahmedabad reveals that both fuel switches were cut off before the crash, followed by pilot confusion. The report also indicates that fuel samples were satisfactory and no immediate action is recommended for Boeing 787-8 operators.

All conditions met: IMF defends $1 billion loan to Pakistan

All conditions met: IMF defends $1 billion loan to Pakistan

Rediff.com23 May 2025

The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

Meet the team probing the Air India crash

Meet the team probing the Air India crash

Rediff.com13 Jul 2025

A five-member team, headed by Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. The Aircraft Accident Investigation Bureau (AAIB) has released its preliminary report and appointed the team.

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Rediff.com7 Jul 2025

The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.

US extradites fugitive Monika Kapoor after 26 years

US extradites fugitive Monika Kapoor after 26 years

Rediff.com9 Jul 2025

The CBI successfully managed to get Monika Kapoor extradited from the United States, ending her 25-year flight from justice. She is accused of economic offenses including forgery and fraud.

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Rediff.com4 Jun 2025

The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings

AI 171 Crash: Fear Lingers Among Pilots

AI 171 Crash: Fear Lingers Among Pilots

Rediff.com1 Jul 2025

'This (crash) is one of those times where there is no concrete explanation yet for what happened. I think that adds to my parents' worry.'

Tata Group announces Rs 1 cr compensation for families of crash victims

Tata Group announces Rs 1 cr compensation for families of crash victims

Rediff.com12 Jun 2025

In the message posted by Tata Group on X, he also said the group will cover the medical expenses of those injured and ensure that they receive all necessary care and support.

Why Shinde flew a stranger on his chartered flight

Why Shinde flew a stranger on his chartered flight

Rediff.com7 Jun 2025

Maharashtra Deputy Chief Minister Eknath Shinde came to the rescue of a woman patient in need of a kidney transplant by taking her on board his chartered plane from Jalgaon to Mumbai after she missed her flight from the North Maharashtra city to the state capital.

After row, Maha govt withdraws order to allocate Rs 10cr to Waqf board

After row, Maha govt withdraws order to allocate Rs 10cr to Waqf board

Rediff.com29 Nov 2024

The development comes a day after a government resolution (GR) was issued, in which the state administration ordered disbursal of Rs 10 crore funds for strengthening the state Waqf Board.