News for 'Board of Management'

Jayant Narlikar: A Voice That Lit The Cosmos

Jayant Narlikar: A Voice That Lit The Cosmos

Rediff.com22 May 2025

'When Dr Murli Manohar Joshi wanted to start a course on astrology, Jayant was the first one to have the courage to stand up and say astrology is not science.' 'That's a very rare quality -- to stand up to authority.'

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

Rediff.com10 Apr 2025

India's largest IT services firm Tata Consultancy Services on Thursday reported a 1.68 per cent dip in its consolidated net profit to Rs 12,224 crore for the March 2025 quarter. Tata Consultancy Services (TCS) - whose earnings marked the official start of IT results season - reported a total revenue of Rs 64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period.

Controversial Pakistan pacer Amir calls it quits

Controversial Pakistan pacer Amir calls it quits

Rediff.com14 Dec 2024

Amir's final outing in Pakistan colours came in June this year during the T20 World Cup against Ireland in Lauderhill, USA.

Parl panel on Waqf bill submits report to LS speaker

Parl panel on Waqf bill submits report to LS speaker

Rediff.com30 Jan 2025

The joint committee of Parliament examining the Waqf (Amendment) Bill submitted its report to Lok Sabha Speaker Om Birla on Thursday. The panel adopted the report by a majority vote, with changes suggested by members of the ruling BJP. Opposition members, who submitted dissent notes, called the exercise an attempt to destroy Waqf boards and termed the bill an attack on the constitutional rights of the Muslim community.

Rs 23K crore electronics PLI scheme set to be rolled out in 3 weeks

Rs 23K crore electronics PLI scheme set to be rolled out in 3 weeks

Rediff.com9 Apr 2025

The government on Tuesday notified the Rs 22,919 crore scheme to promote domestic manufacturing of electronics components, display and camera modules, non-surface mount devices, multi-layer printed circuit boards and lithium-ion cells for digital applications, among others. The scheme is likely to be operationalised in the next 2-3 weeks.

Won't give single drop of water to Haryana: Punjab passes resolution

Won't give single drop of water to Haryana: Punjab passes resolution

Rediff.com6 May 2025

The Punjab Assembly on Monday unanimously passed a resolution to not release any water from its share to Haryana, citing the state's water scarcity. The resolution also demanded the reorganization of the Bhakra Beas Management Board (BBMB) and the repeal of the Dam Safety Act of 2021. The decision comes amid a stand-off between the two states over the distribution of water from the Bhakra dam. The resolution was moved by Punjab's Water Resources Minister Barinder Kumar Goyal, who accused the BJP of trying to take away Punjab's water rights. The resolution was supported by all parties, including the opposition, which termed the Dam Safety Act of 2021 as an "attack" on the rights of Punjab. The resolution also criticized the BBMB, calling it a "puppet" of the BJP-led central government. The Punjab government maintains that the state does not have surplus water to spare and needs it for the upcoming paddy sowing season. The resolution has triggered strong reactions from the BJP, which has accused the Punjab government of politicising the issue.

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.

GCCs reach new heights in India with neo and mid-sized banks

GCCs reach new heights in India with neo and mid-sized banks

Rediff.com24 Mar 2025

Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.

Will empower Muslim women: Govt tables Waqf Bill in Rajya Sabha

Will empower Muslim women: Govt tables Waqf Bill in Rajya Sabha

Rediff.com3 Apr 2025

The bill aims to include all the Muslims sects in the Waqf board, Rijiju said.

'Imran Khan responsible for Pakistan's cricket downfall'

'Imran Khan responsible for Pakistan's cricket downfall'

Rediff.com25 Feb 2025

Former Pakistan Cricket Boardchairman Najam Sethi has blamed former Prime Minister Imran Khan for the decline of Pakistan cricket.

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Rediff.com2 Apr 2025

Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.

Railways gears up for crowd control in Kumbh's last week

Railways gears up for crowd control in Kumbh's last week

Rediff.com21 Feb 2025

The Indian Railways has established holding areas at various stations across northern India in anticipation of a surge in pilgrims during the final week of the Maha Kumbh festival in Prayagraj, Uttar Pradesh. This comes after a stampede at New Delhi Railway station claimed 18 lives due to confusion over train names. The holding areas are located outside the platforms to control passenger flow and prevent overcrowding, ensuring safe and smooth travel operations.

Ashwani Kumar's 'quicker than you think'

Ashwani Kumar's 'quicker than you think'

Rediff.com1 Apr 2025

Mumbai Indians' fast bowler Ashwani Kumar, who took four wickets on his IPL debut, has been praised by teammate Ryan Rickelton for his pace and ability to swing the new ball.

Is Your Savings Account Losing You Money?

Is Your Savings Account Losing You Money?

Rediff.com23 Apr 2025

One should avoid keeping excessive funds in one's savings account.

Despite market volatility, corporate fundraising at record high in FY25

Despite market volatility, corporate fundraising at record high in FY25

Rediff.com28 Mar 2025

Fundraising by Indian companies through equity and debt reached an all-time high in the financial year 2024-25 (FY25), according to data collated by primedatabase.com. Fundraising through debt stood at Rs 11.1 trillion in FY25, including contributions from InvITs (infrastructure investment trusts) and REITs (real estate investment trusts).

Why IndusInd Bank shares tanked over 27% on the bourses

Why IndusInd Bank shares tanked over 27% on the bourses

Rediff.com11 Mar 2025

IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses. IndusInd Bank CEO and managing director Sumant Kathpalia said that the accounting lapse was noted around September-October last year and the bank gave a preliminary update to the RBI about this last week.

IndusInd Bank stock tanks 27 pc after Rs 2,100 cr accounting lapse

IndusInd Bank stock tanks 27 pc after Rs 2,100 cr accounting lapse

Rediff.com11 Mar 2025

IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.

Big-money battle! Pant vs Shreyas in blockbuster IPL clash

Big-money battle! Pant vs Shreyas in blockbuster IPL clash

Rediff.com31 Mar 2025

Lucknow Super Giants skipper Rishabh Pant is looking to make his mark and secure a win in his team's first home game of the season.

Torrent Group acquires 67% stake in Gujarat Titans

Torrent Group acquires 67% stake in Gujarat Titans

Rediff.com17 Mar 2025

Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com6 Apr 2025

In an eventful week ahead, stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said. Investors fear that a full-blown trade war will impact global trade and economic growth, according to market experts.

Intense Training Session For Team India

Intense Training Session For Team India

Rediff.com19 Feb 2025

With an aggressive mindset and intense training sessions, India looks set to make a powerful statement when they step onto the field, observes K R Nayar, the veteran cricket writer, from Dubai.

LS passes Waqf bill by 288-232 votes; Oppn's amendments rejected

LS passes Waqf bill by 288-232 votes; Oppn's amendments rejected

Rediff.com3 Apr 2025

The Lok Sabha passed the Waqf (Amendment) Bill, 2025, with the ruling NDA defending it as beneficial for minorities while the opposition called it "anti-Muslim". All amendments moved by the opposition were rejected and the bill was passed with 288 votes in favor and 232 against. Union Minorities Affairs Minister Kiren Rijiju asserted that India is the safest place in the world for minorities, refuting claims of their insecurity.

PIL filed in SC to prevent railway stampedes

PIL filed in SC to prevent railway stampedes

Rediff.com17 Feb 2025

A Public Interest Litigation (PIL) has been filed in the Supreme Court seeking immediate action to prevent future stampedes at railway stations. The PIL, filed by advocate Vishal Tiwari, calls for the implementation of a 2014 report by the National Disaster Management Authority (NDMA) on crowd management. The plea also criticizes the disparity in safety efforts, questioning why high-end technology and intelligence are deployed for VIPs while common citizens remain vulnerable to such incidents. The PIL seeks directions to the Indian Railways to take measures for passenger safety, including widening corridors, constructing broader over-bridges and platforms, and ensuring easy access to platforms through ramps and escalators.

Beleaguered Gensol's independent director quits

Beleaguered Gensol's independent director quits

Rediff.com17 Apr 2025

Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.

Sitharaman on how India will remain an engine of growth despite Trump's tariff

Sitharaman on how India will remain an engine of growth despite Trump's tariff

Rediff.com8 Apr 2025

The resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs, Finance Minister Nirmala Sitharaman said in London on Tuesday.

Khaleel & Lockie: Bowlers That Shone

Khaleel & Lockie: Bowlers That Shone

Rediff.com9 Apr 2025

Punjab Kings produced a disciplined bowling performance to outsmart Chennai Super Kings and return to winning ways at Mullanpur, Chandigarh, on Tuesday, April 8 2025.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

Champions Trophy: Karachi's National Stadium inaugurated!

Champions Trophy: Karachi's National Stadium inaugurated!

Rediff.com11 Feb 2025

The Pakistan Cricket Board on Tuesday inaugurated the renovated National Stadium in Karachi, one of the three venues in the country that will host the Champions Trophy.

Big development coming in from ICC ahead of Champions Trophy...

Big development coming in from ICC ahead of Champions Trophy...

Rediff.com28 Jan 2025

The ICC Board will now begin the process to identify Allardice's successor.

Sebi brings in stricter disclosure norms for IPO-bound companies

Sebi brings in stricter disclosure norms for IPO-bound companies

Rediff.com4 Mar 2025

The Securities and Exchange Board of India (Sebi) has introduced stricter Key Performance Indicator (KPI) disclosures for initial public offers (IPOs). These new standards, developed in collaboration with industry associations, aim to enhance transparency and provide investors with a clearer understanding of a company's valuation and business performance.

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

Rediff.com23 Apr 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

'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.'

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

Will cricket FINALLY return to Pakistan?

Will cricket FINALLY return to Pakistan?

Rediff.com13 Feb 2025

"The ICC (International Cricket Council) Champions Trophy 2025 is a culmination of those efforts," PCB chairman Mohsin Naqvi told Reuters.

Sensex jumps 899 pts, Nifty reclaims 23K

Sensex jumps 899 pts, Nifty reclaims 23K

Rediff.com20 Mar 2025

From the Sensex pack, Bharti Airtel, Titan, Tata Consultancy Services, Hindustan Unilever, Infosys, Nestle, Reliance Industries, Mahindra & Mahindra, HDFC Bank and Tata Motors were the biggest gainers. However, IndusInd Bank, Bajaj Finance and UltraTech Cement were the laggards.

BCCI Snubs Kohli!

BCCI Snubs Kohli!

Rediff.com20 Mar 2025

'The current policy will remain intact, as it is of paramount importance to both the nation and our institution, the BCCI.'

Meet India's first private reinsurer

Meet India's first private reinsurer

Rediff.com15 Mar 2025

In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.

Abhinav Bindra gets mention from 'friend' Bach at IOC session

Abhinav Bindra gets mention from 'friend' Bach at IOC session

Rediff.com20 Mar 2025

The IOC launched the first Olympic Values Education Programme (OVEP) in India in May 2022, with the Olympism-themed curriculum being integrated into the school education system in Odisha.

Delhi stampede: Railways orders high-level probe, announces ex gratia

Delhi stampede: Railways orders high-level probe, announces ex gratia

Rediff.com16 Feb 2025

Indian Railways has announced a compensation of Rs 10 lakh each for the next of kin of those killed in the stampede at New Delhi Railway Station. Those seriously injured will receive Rs 2.5 lakh, and those with minor injuries will receive Rs 1 lakh. The stampede occurred late Saturday night, resulting in at least 18 fatalities and more than a dozen injuries. The incident was triggered by a surge in passengers waiting to board trains for Prayagraj, where the Maha Kumbh is taking place, on platforms 14 and 15 of the station.

Finance Secretary TK Pandey is new Sebi chairman

Finance Secretary TK Pandey is new Sebi chairman

Rediff.com28 Feb 2025

The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.