News for 'Board of Approvals'

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Rediff.com16 Apr 2026

IT services giant Wipro's board has given the green light to a massive Rs 15,000 crore share repurchase programme, aiming to buy back over 5 per cent of its equity, or up to 60 crore shares, from shareholders at Rs 250 per share, reflecting an 18 per cent premium.

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Rediff.com3 May 2026

Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.

ICC approves pink ball trials and coach access in Test matches

ICC approves pink ball trials and coach access in Test matches

Rediff.com1 Jun 2026

The ICC has approved trialling the use of pink balls in Test matches to maximise play in bad light, along with allowing coaches on the field during drinks breaks. Cricket Canada has been suspended due to breaches of membership obligations.

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Rediff.com24 Apr 2026

Infosys' board has approved annual performance-based stock grants worth Rs 51.75 crore for Chief Executive Officer and Managing Director Salil Parekh, aligning with his tenure ending in March 2027.

Kerala: CPI(M) Man Booked For Provocative Flex Board

Kerala: CPI(M) Man Booked For Provocative Flex Board

Rediff.com11 May 2026

A CPI(M) worker in Kerala has been booked for allegedly installing a flex board expressing support for Congress leader KC Venugopal in the Kerala Chief Minister race, sparking a political row.

RBI may rationalise board norms, shift focus to strategy, policy

RBI may rationalise board norms, shift focus to strategy, policy

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Rediff.com1 May 2026

The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.

RBI approves Emirates NBD's 74% stake acquisition in RBL Bank

RBI approves Emirates NBD's 74% stake acquisition in RBL Bank

Rediff.com3 Apr 2026

The Reserve Bank of India (RBI) has granted approval for UAE-based Emirates NBD (ENBD) PJSC to acquire up to a 74 per cent stake in RBL Bank for $3 billion, marking the largest foreign investment ever in a domestic Indian bank.

RBI Targets Mule Accounts With AI

RBI Targets Mule Accounts With AI

Rediff.com6 days ago

While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.

Reliance board approves 1:1 bonus issue

Reliance board approves 1:1 bonus issue

Rediff.com5 Sep 2024

The board of Reliance Industries Ltd on Thursday approved issuing 1:1 bonus shares -- the first bonus issue in seven years. Reliance, the nation's most valuable company, had last issued bonus shares in September 2017.

India to run 35 hydrogen-powered trains in first phase

India to run 35 hydrogen-powered trains in first phase

Rediff.com29 May 2026

Hydrogen fuel cell technology generates electricity through a chemical reaction using hydrogen, with water vapour as the only emission, making it a cleaner alternative to conventional fossil fuel-based traction systems.

ICC suspends Cricket Canada's membership over governance breaches

ICC suspends Cricket Canada's membership over governance breaches

Rediff.com1 Jun 2026

The International Cricket Council has suspended Canada over breaches of the national board's membership obligations, weeks after the global governing body's anti-corruption unit launched an investigation into Cricket Canada.

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

Education Board Official Nabbed in Bribery Case: How ACB Set the Trap

Education Board Official Nabbed in Bribery Case: How ACB Set the Trap

Rediff.com7 Apr 2026

A senior official of the Maharashtra education board was arrested by the Anti-Corruption Bureau (ACB) for accepting a bribe from a contractor in Navi Mumbai.

ODI World Cup 2027 likely to be played from October 4 to November 21

ODI World Cup 2027 likely to be played from October 4 to November 21

Rediff.com2 hours ago

The 2027 ICC Men's ODI World Cup is provisionally scheduled to be held from October 4 to November 21 across South Africa, Zimbabwe and Namibia, according to a report by ESPNcricinfo.

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

Rediff.com24 May 2026

The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.

When Janhvi Kapoor Wears White, She Just Doesn't...

When Janhvi Kapoor Wears White, She Just Doesn't...

Rediff.com2 Jun 2026

White may be fashion's most classic colour, but in Janhvi Kapoor's wardrobe, it's anything but predictable.The Peddi actress has mastered the art of making every shade of safed feel fresh, modern, and completely her own.

Jiya, Radhika's Baby Doll Mood

Jiya, Radhika's Baby Doll Mood

Rediff.com7 days ago

Babydoll dresses are fashion's answer to playing dress up, no matter your age. With their flirty hemlines, floaty silhouettes and undeniable charm, they instantly bring a touch of whimsy to any wardrobe.

Shreyas Iyer set to replace Suryakumar as T20 captain; Tilak Varma to be his deputy

Shreyas Iyer set to replace Suryakumar as T20 captain; Tilak Varma to be his deputy

Rediff.com7 days ago

India are set to make a leadership change in T20 internationals, with Shreyas Iyer likely to replace Suryakumar Yadav as captain and Tilak Varma expected to become vice-captain, according to BCCI sources.

ICC To Assess Impact Of Franchise Cricket On International Calendar

ICC To Assess Impact Of Franchise Cricket On International Calendar

Rediff.com1 Jun 2026

The ICC board has formed a committee to assess the impact of the growing franchise cricket leagues on the international cricket calendar, aiming to strike a balance and prevent disruption.

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Rediff.com28 May 2026

Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.

Ahmedabad plane crash: One year later, grief and fear persist

Ahmedabad plane crash: One year later, grief and fear persist

Rediff.com2 days ago

One year after the devastating AI 171 plane crash in Ahmedabad, the profound grief and lasting trauma continue to haunt the victims' families and eyewitnesses, many of whom still struggle with a deep-seated fear of flying and the indelible scars of their loss.

Jharkhand Government Approves Release of 23 Life-Term Convicts

Jharkhand Government Approves Release of 23 Life-Term Convicts

Rediff.com2 Mar 2026

The Jharkhand government has decided to release 23 convicts serving life sentences in prisons across the state, focusing on their rehabilitation and reintegration into society.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

BCCI May Switch Under-23 Tournament To T20 Format

BCCI May Switch Under-23 Tournament To T20 Format

Rediff.com17 May 2026

The Board of Control for Cricket in India (BCCI) is considering changing the national Under-23 men's 50-over tournament to a T20 format from the upcoming domestic season.

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Rediff.com21 May 2026

Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.

SC orders eviction plan for 118 govt servants encroaching on TN's Agasthyamalai

SC orders eviction plan for 118 govt servants encroaching on TN's Agasthyamalai

Rediff.com2 Jun 2026

The Supreme Court has directed the preparation and implementation of a time-bound eviction plan to address encroachments within the protected areas of the Agasthyamalai ecological landscape in Tamil Nadu, also ordering action against government servants involved.

LIC reports robust 23% jump in Q4 net profit to Rs 23,420 crore

LIC reports robust 23% jump in Q4 net profit to Rs 23,420 crore

Rediff.com21 May 2026

Life Insurance Corporation of India (LIC) announced a significant 23 per cent increase in its net profit for the March quarter, reaching Rs 23,420 crore, alongside a rise in total income and premium collections.

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Rediff.com28 Mar 2026

Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.

Twisha's husband sent to custody, AIIMS team reaches Bhopal for 2nd autopsy

Twisha's husband sent to custody, AIIMS team reaches Bhopal for 2nd autopsy

Rediff.com23 May 2026

A local court has remanded Samarth Singh, husband of former actor-model Twisha Sharma, in police custody for seven days in connection with her alleged dowry death. A team from AIIMS Delhi will conduct a second autopsy following a court order.

TVS Motor Inducts Ravindran Shanmugam As Independent Director

TVS Motor Inducts Ravindran Shanmugam As Independent Director

Rediff.com14 May 2026

TVS Motor Company has appointed Ravindran Shanmugam, a technology entrepreneur and business leader, as an independent director for a five-year term, effective May 13, subject to shareholder approval.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

'An Earthquake Is Coming In Maharashtra Politics'

'An Earthquake Is Coming In Maharashtra Politics'

Rediff.com5 days ago

'Delimitation is scheduled for 2028. No matter how much the BJP currently depends on the Shinde Sena or NCP factions, it may not need them after delimitation.'

Indian Navy's Submarine Shortfall Dilemma

Indian Navy's Submarine Shortfall Dilemma

Rediff.com2 Jun 2026

Experts' worries intensified after Pakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, last month.

Sun Pharma's $11.75 Billion Organon Acquisition: A Strategic Leap

Sun Pharma's $11.75 Billion Organon Acquisition: A Strategic Leap

Rediff.com27 Apr 2026

Sun Pharmaceutical Industries Ltd has announced its acquisition of US-based Organon & Co in an all-cash deal valued at an enterprise valuation of USD 11.75 billion, aiming to become a top 25 global pharmaceutical company.

Hockey India Considers Life Bans Amid Sexual Harassment Allegations

Hockey India Considers Life Bans Amid Sexual Harassment Allegations

Rediff.com19 May 2026

Hockey India has called an urgent executive board meeting to address a series of sexual harassment, misconduct, and indiscipline cases, considering stringent actions including life bans.

Why West Bengal Is Ending Religious Leader Payments

Why West Bengal Is Ending Religious Leader Payments

Rediff.com18 May 2026

The West Bengal cabinet has decided to discontinue assistance-oriented schemes based on religious categorisation for Imams, muezzins and purohits from June. The cabinet also approved the 'Annapurna' scheme of Rs 3,000 monthly support to women from June 1, and granted in-principle consent for their free travel in state-run buses.

High Court Seeks Solution For Juvenile Homes' Funding Delay

High Court Seeks Solution For Juvenile Homes' Funding Delay

Rediff.com27 May 2026

The Allahabad High Court has expressed strong displeasure over the delay in the release of funds to NGO-run juvenile homes operating under the Mission Vatsalya scheme, warning of action if a solution is not presented by May 29.

West Bengal govt mandates Vande Mataram in madrassas

West Bengal govt mandates Vande Mataram in madrassas

Rediff.com22 May 2026

The West Bengal government has mandated the singing of 'Vande Mataram' at assembly prayers in all madrassas with immediate effect. This decision follows a similar directive for all schools in the state and aims to bring uniformity in assembly practices across institutions.

RBI poised for record dividend payout, boosting government's fiscal strength

RBI poised for record dividend payout, boosting government's fiscal strength

Rediff.com13 May 2026

The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.