News for 'Board of Management'

Learn from Kohli: Ponting slams PBKS batters

Learn from Kohli: Ponting slams PBKS batters

Rediff.com20 Apr 2025

Punjab Kings head coach Ricky Ponting expressed disappointment with his team's batting performance in their seven-wicket defeat to Royal Challengers Bangalore in an IPL match.

Parliament passes Waqf bill after RS nod by 128-95 votes

Parliament passes Waqf bill after RS nod by 128-95 votes

Rediff.com4 Apr 2025

The Waqf (Amendment) Bill, 2025 was passed in the Lok Sabha early Thursday, with 288 members supporting it and 232 against it.

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.

Banks to be on 2-day strike in March

Banks to be on 2-day strike in March

Rediff.com14 Mar 2025

The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with the Indian Banks' Association (IBA) over key demands failed to yield any positive outcome. In a meeting with the IBA, all UFBU constituents raised issues, including recruitment in all cadres and a five-day workweek.

SL's parliament tells 'corrupt' cricket board to resign

SL's parliament tells 'corrupt' cricket board to resign

Rediff.com9 Nov 2023

Sri Lanka's parliament unanimously passed a resolution on Thursday, calling for the sacking of the country's cricket governing body, with both the ruling and opposition parties supporting it.

What Was Rohit Doing At Gold Souk?

What Was Rohit Doing At Gold Souk?

Rediff.com28 Feb 2025

Unaware that the area was filled with cricket fans, he had a tough time managing the crowd.

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.

Startups face I-T department heat over funding through Singapore

Startups face I-T department heat over funding through Singapore

Rediff.com24 Apr 2025

The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.

'India is a land of opportunities'

'India is a land of opportunities'

Rediff.com13 May 2025

'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'

Omar's 'chance meet' with Rijiju sparks political storm

Omar's 'chance meet' with Rijiju sparks political storm

Rediff.com7 Apr 2025

A chance meeting between Jammu and Kashmir Chief Minister Omar Abdullah and Union minister Kiren Rijiju at the Tulip Garden in Srinagar has sparked a political storm, with opposition parties accusing the National Conference of laying out a red carpet for the BJP leader in the aftermath of the Waqf Amendment Act. While NC sources termed the interaction as a purely coincidental encounter, opposition parties like the PDP and Peoples' Conference condemned the meeting, accusing the NC of surrendering to the BJP. The Waqf (Amendment) Bill, passed by Parliament last week, aims to streamline the management of Waqf properties with provisions to safeguard heritage sites and promote social welfare.

'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.

Viewers will leave the IPL to watch PSL, claims Hasan Ali

Viewers will leave the IPL to watch PSL, claims Hasan Ali

Rediff.com9 Apr 2025

Even though IPL is widely regarded as the top T20 tournament worldwide, Hasan is optimistic that despite the scheduling clash, viewers will prefer to watch PSL if the players up the ante and perform better.

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Rediff.com22 Feb 2024

Edtech firm Think and Learn Private Ltd, owner of Byju's, on Thursday said neither the company's founder and CEO Byju Raveendran nor any other board member will attend the extraordinary general meeting called by some select investors. Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged "mismanagement and failures". Byju's has called the EGM "procedurally invalid" and contractually in contravention of the company's article of association and shareholder's agreement.

MX Player Is The Horse To Bet On In OTT Biz

MX Player Is The Horse To Bet On In OTT Biz

Rediff.com12 May 2025

At 250 million unique visitors a month, MX Player has for long been in the same bracket as YouTube (454 million) and Meta (324 million) in reach.

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.

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.

Xavi to stay on as Barcelona manager

Xavi to stay on as Barcelona manager

Rediff.com25 Apr 2024

Xavi played for Barcelona for 17 years, making 767 appearances and winning 25 trophies, including four Champions League titles and eight LaLiga crowns.

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.

Number of women on boards of top 100 firms rose in 5 years: Report

Number of women on boards of top 100 firms rose in 5 years: Report

Rediff.com12 Mar 2024

The representation of women on the boards of the top 100 companies in India has improved in the last five years, said a survey released on Monday. The findings were based on the annual reports and website disclosures of Nifty 100 companies and revealed in the 4th Annual Corporate Governance Survey by Excellence Enablers Private Limited. In the year ending March 31, 2023, the percentage of women among the total directors in the top 100 companies was the highest since 2018-2019 - rising to 19 per cent from 15 per cent earlier.

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.

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.

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.

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.

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.

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.

IiAS against Anant on Reliance board

IiAS against Anant on Reliance board

Rediff.com11 Oct 2023

Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries Ltd's (RIL's) board, citing his age as the reason. The firm has, however, given its green light to the appointment of Anant's elder siblings - Akash and Isha. In its recommendation note, IiAS said, "At 28 years of age, his appointment as a non-executive, non-independent director does not align with our voting guidelines."

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.

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.

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.

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).

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.

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.

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.

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.

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.

Committed to restructuring board: Raveendran tells Byju's shareholders

Committed to restructuring board: Raveendran tells Byju's shareholders

Rediff.com22 Feb 2024

Ahead of Friday's extraordinary general meeting (EGM), Byju Raveendran, chief executive officer (CEO) of Byju's, told shareholders that he is committed to restructuring the board of the embattled educational technology (edtech) firm. He also committed to appointing two non-executive directors to the board by the mutual consent of the founder and shareholders. The development comes at a time when a consortium of key shareholders, holding over 30 per cent stake in Byju's, issued a notice to the embattled edtech firm this month, calling for an EGM to address "persistent issues", including a proposed change of management at the firm.

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.'

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.

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