News for 'Board of Trustees'

Activist Deep Joshi named for Magsaysay Award

Activist Deep Joshi named for Magsaysay Award

Rediff.com3 Aug 2009

Joshi is being recognised for 'his vision and leadership in bringing professionalism to the NGO movement in India, by effectively combining 'head' and 'heart' in the transformative development of rural communities', the Board of Trustees of the Ramon Magsaysay Award Foundation said in a press statement from its headquarters in Manila.

Decision on PF rate on Dec 7

Decision on PF rate on Dec 7

Rediff.com6 Dec 2005

The EPF board will meet on Wednesday to take a firm view on the interest rate for its 4 crore (40 million) subscribers during 2005-06, even as trade unions are demanding Prime Minister's intervention to retain 9.5 per cent.

EPFO defers decision on PF interest rate

EPFO defers decision on PF interest rate

Rediff.com9 Apr 2010

The EPFO on Friday deferred a decision on interest rate on provident fund deposits for 2010-11 following pressure from trade unions that want rates to be raised to 9.5-10.5 per cent from 8.5 per cent.

Rasquinha raises Rs 22 lakh for hockey community affected by lockdown

Rasquinha raises Rs 22 lakh for hockey community affected by lockdown

Rediff.com25 Jun 2020

Saddened by the financial hardship being faced by the hockey community amid the COVID-19 pandemic, former India captain Viren Rasquinha has raised Rs 22 lakh to be distributed as one-time benefit among players, coaches and groundsmen working at the grassroots level. The fund has been raised in just one week through a joint initiative of non-profit organisations Olympic Gold Quest, of which Rasquinha is a Director and CEO, and Go Sports Foundation. They named the initiative #LetsStickTogether.

Ryan child murder: SIT teams search school campus

Ryan child murder: SIT teams search school campus

Rediff.com13 Sep 2017

The SIT clicked photos and shot videos of the suspected places to examine the nature of the crime again.

ED slaps money laundering case on Franklin MF

ED slaps money laundering case on Franklin MF

Rediff.com4 Mar 2021

The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.

EPF rate retained at 9.5%

EPF rate retained at 9.5%

Rediff.com28 May 2005

The Employees Provident Fund Board on Saturday recommended a 9.5 per cent interest rate for its around four crore (40 million) subscribers for 2004-05.

Tata Motors in EPFO's best employers' list

Tata Motors in EPFO's best employers' list

Rediff.com3 Dec 2003

Six establishments -- including Tata Motors -- have been selected as the best employers by the Central Board of Trustees of Employees Provident Fund Organisation.

EPF rate slashed to 8.5%

EPF rate slashed to 8.5%

Rediff.com7 Dec 2005

This was decided at a four-hour meeting of the Central Board of Trustees of EPF chaired by Labour Minister K Chandrashekhar Rao.

Why was Cyrus Mistry shown the door?

Why was Cyrus Mistry shown the door?

Rediff.com25 Oct 2016

Experts view this as a case of "failed experiment" in succession

Indian American to head college in California

Indian American to head college in California

Rediff.com29 May 2008

Come January 2009, Sunder Ramaswamy, Middlebury College dean for faculty development and research and Frederick C Dirks Professor of International Economics, will be the new president of the Monterey Institute of International Studies, California, USA

EPFO seeks approval for higher equity exposure

EPFO seeks approval for higher equity exposure

Rediff.com29 Oct 2009

The Employees Provident Fund Organisation will be seeking approval from its apex decision-making body, the Central Board of Trustees, to implement a finance ministry order to invest up to 15 percent of the fund in equity. The new pattern that was notified last year comes into force from April 2010.

UTI arm to help issue social security number

UTI arm to help issue social security number

Rediff.com4 Jul 2003

Following the footsteps of the Central Board of Direct Taxes, the Employees Provident Fund Organisation has entrusted the UTI Investor Services with the job of creating the required infrastructure for issuing its much-bragged social security number.

Sebi bars Franklin Templeton from launching new debt schemes for 2 years

Sebi bars Franklin Templeton from launching new debt schemes for 2 years

Rediff.com7 Jun 2021

Sebi on Monday barred Franklin Templeton AMC from launching any new debt scheme for two years and fined it Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to the six debt schemes, Sebi said in its 100-page order. In a separate order, the regulator has barred Vivek Kudva, former head of Asia Pacific (APAC) for Franklin Templeton, and his wife Roopa from the securities market for one year for redeeming units of Franklin Templeton MF schemes while in possession of non-public information.

Unions fume over suspension of Rs 1,000 minimum monthly pension

Unions fume over suspension of Rs 1,000 minimum monthly pension

Rediff.com10 Apr 2015

The decision to suspend this benefit will hit 32 lakh pensioners.

9.5% EPF rate okayed for FY03, 04

9.5% EPF rate okayed for FY03, 04

Rediff.com29 Apr 2005

The finance ministry on Friday ratified the interest rate of 9.5 per cent for about 4 crore subscribers of Employees Provident Fund for 2002-03 and 2003-04.

EPF rate: Labour minister to meet FM

EPF rate: Labour minister to meet FM

Rediff.com3 Jun 2004

Amidst reports of a cut in interest rate on Employees Provident Fund, Labour Minister Sis Ram Ola on Thursday said he will meet Finance Minister P Chidambaram to decide on the returns for the over 32 million subscribers for this year.

UK: Prince Charles, wife visit Swaminarayan Temple

UK: Prince Charles, wife visit Swaminarayan Temple

Rediff.com5 Mar 2009

Prince Charles, accompanied by his wife Camilla, the Duchess of Cornwall, has visited the BAPS Shri Swaminarayan Mandir and a school attached to the temple in London to celebrate Holi.

Sebi clears decks for real estate trusts in India

Sebi clears decks for real estate trusts in India

Rediff.com29 Dec 2007

The much-awaited real estate investment trusts (REITs), which invest directly in real estate projects after collecting funds from investors through stock exchanges, are set to see their entry in Indian markets with the Securities and Exchange Board of India (Sebi) on Friday putting out draft rules for such trusts.

Fortis shareholders vote out director, shadow over sale

Fortis shareholders vote out director, shadow over sale

Rediff.com23 May 2018

Brian Tempest is among the four directors of cash-strapped healthcare chain whose removals were sought by two institutional investors. Three directors -- Harpal Singh, Sabina Vaisoha and Tejinder Singh Shergill -- had already resigned before the EGM.

Provident Fund interest rate to be 8.5%

Provident Fund interest rate to be 8.5%

Rediff.com4 Jul 2009

The Employees' Provident Fund Organisation (EPFO) on Friday decided to give 8.5 per cent interest on provident fund deposits of 4.5 crore (45 million) subscribers.

EPFO may put off decision on rate

EPFO may put off decision on rate

Rediff.com13 Jul 2004

PF rate may stay at 8.5% in FY10

PF rate may stay at 8.5% in FY10

Rediff.com24 Jun 2009

The Employees' Provident Fund Organisation will not be able to pay more than 8.5 per cent interest on PF deposits during 2009-10 as it has no reserves left following a Rs 139 crore (Rs 1.39 billion) deficit incurred last fiscal.

EPFO likely to pay 8.5% interest for 2010-11

EPFO likely to pay 8.5% interest for 2010-11

Rediff.com8 Apr 2010

Over 4.7 crore (47 million) employees are likely to get an interest of 8.5 per cent in 2010-11 on their provident fund deposits of about Rs 2.5 lakh crore (Rs 2.5 trillion), a return authorities have been giving for the past five years.

Yash Gupta is Johns Hopkins B-school dean

Yash Gupta is Johns Hopkins B-school dean

Rediff.com30 Oct 2007

Gupta, a native of Punjab, will begin in his new position January 1, 2008.

Nitin Nohria to step down as Harvard Business School dean

Nitin Nohria to step down as Harvard Business School dean

Rediff.com7 Nov 2019

In a letter to the Business School community on Wednesday, Nohria said he will step down from the position of dean of the Harvard Business School (HBS) on June 30, 2020, after a decade in the role.

Adjudicatory task of unique dimension: SC on Ayodhya

Adjudicatory task of unique dimension: SC on Ayodhya

Rediff.com9 Nov 2019

The apex court, which delivered a historic unanimous judgment putting the curtains down on the vexatious legal battle that has torn the social fabric of the nation, said citizens of all faiths, beliefs and creeds 'seeking divine provenance' are both subject to law and equal before law under the Indian Constitution.

Sebi asks intermediaries to give info in e-form

Sebi asks intermediaries to give info in e-form

Rediff.com7 May 2008

The Securities and Exchange Board of India, in a move to streamline the process of getting information, on Tuesday has made some changes in the format in which periodic information is filed by merchant bankers, bankers to issues, debenture trustees, registrars to issues and share transfer.

The Power of China's 'Princelings'

The Power of China's 'Princelings'

Rediff.com27 Jul 2021

Two elderly Chinese aerospace experts are hospitalised after a violent attack by a 'Princeling', states Jayadeva Ranade, the distinguished China expert and retired RA&W officer, highlighting the power the 'Princelings' ironically hold in the Communist People's Republic.

Global think tanks want Indian biz leaders

Global think tanks want Indian biz leaders

Rediff.com3 Apr 2009

Indian CEOs are increasingly finding representation on some of the world's most influential policy bodies.

Indiabulls to enter MF biz

Indiabulls to enter MF biz

Rediff.com22 Feb 2008

Indiabulls has received Sebi's approval to enter the mutual fund operations.

Will Padmasree Warrior win the race to be Twitter CEO?

Will Padmasree Warrior win the race to be Twitter CEO?

Rediff.com4 Sep 2015

Twitter has been in talks with India-born Padmasree Warrior among others.

UTI panel on JPC report to suggest action plan

UTI panel on JPC report to suggest action plan

Rediff.com23 Dec 2002

The board of the Unit Trust of India on Monday formed a three-member sub-group to study the Joint Parliamentary Committee's report on UTI and suggest an action plan in about a month's time.

Idol theft case: Police won't arrest TVS Motor chairman for 6 weeks

Idol theft case: Police won't arrest TVS Motor chairman for 6 weeks

Rediff.com10 Aug 2018

Srinivasan had moved the court yesterday seeking anticipatory bail in connection with an idol theft case.

Govt notifies 8.5% EPF interest for FY07

Govt notifies 8.5% EPF interest for FY07

Rediff.com20 Oct 2007

The central government has notified the Employees Provident Fund (EPF) rate of interest at 8.5 per cent for 2006-07. The Central Board of Trustees (CBT) of EPF, in July, had recommended interest at 8.5 per cent. The government has now accorded its approval to notify the specified rate of interest for the year.

Mistry's ouster: How the tables turned at Bombay House

Mistry's ouster: How the tables turned at Bombay House

Rediff.com25 Oct 2016

What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets

EPFO may pay 9% interest for 2015-16

EPFO may pay 9% interest for 2015-16

Rediff.com22 Jan 2016

The Finance Audit and Investment committee recommended 8.95% interest.

Pay rising, but Indian BPOs safe: BT India chief

Pay rising, but Indian BPOs safe: BT India chief

Rediff.com7 Aug 2007

Outsourcers will not migrate to China because of the sheer talent and English language proficiency in India, says Arun Seth, chairman, British Telecom India.

EPFO may announce higher interest than 8.5% provided last year

EPFO may announce higher interest than 8.5% provided last year

Rediff.com9 Oct 2013

EPFO had paid 8.5 per cent interest rate to subscribers in 2012-13, which was higher than 8.25 provided in the 2011-12 fiscal.