News for 'Central Board of Directors'

'72 Hoorain is not a propaganda film'

'72 Hoorain is not a propaganda film'

Rediff.com5 Jul 2023

'People are giving their opinion without watching it which is hurtful. We want people to watch the film first.'

7 of 13 passengers killed in Jalgaon train tragedy hailed from Nepal

7 of 13 passengers killed in Jalgaon train tragedy hailed from Nepal

Rediff.com23 Jan 2025

Seven of the 13 people who died in a train accident in Maharashtra's Jalgaon district were from Nepal. The accident occurred when passengers on the Mumbai-bound Pushpak Express got off the train after an alarm chain-pulling incident and were run over by the Karnataka Express on the adjacent tracks. A fire rumour spread in the train, prompting passengers to jump off. The incident highlighted the dangers of chain-pulling and the need for better safety measures on Indian Railways.

Ex-NIA chief Sharad Kumar to head BCCI's Anti-Corruption Unit

Ex-NIA chief Sharad Kumar to head BCCI's Anti-Corruption Unit

Rediff.com4 Oct 2024

Sharad Kumar, former head of the National Investigation Agency (NIA), was named as the new chief of the BCCI's Anti-Corruption Unit.

Ashoka University founders step down from board after CBI probe

Ashoka University founders step down from board after CBI probe

Rediff.com7 Jan 2022

Ashoka University co-founders Vineet Gupta and Pranav Gupta, who were booked last week by the Central Bureau of Investigation in a Rs 1,600 crore fraud case, on Thursday stepped down from all boards and committees of the varsity.

AQI Spike Triggers Health Crisis

AQI Spike Triggers Health Crisis

Rediff.com20 Nov 2024

'Many of these patients arrive at emergency departments in distress, struggling to breathe and requiring immediate medical intervention.'

SC forms task force to devise safety protocol for medics

SC forms task force to devise safety protocol for medics

Rediff.com20 Aug 2024

Observing that working conditions have made doctors and health professionals susceptible to violence, the Supreme Court on Tuesday constituted a 10-member task force to formulate a national protocol for ensuring safety and facilities for them in the wake of the rape and murder of a medic in Kolkata.

15 customs, central excise officers sacked on corruption charges

15 customs, central excise officers sacked on corruption charges

Rediff.com18 Jun 2019

The government has sacked these officers ranging from the ranks of principal commissioner to assistant commissioner, some of whom were already under suspension.

Vijay Shekhar Sharma steps down as Paytm Payments Bank chairman

Vijay Shekhar Sharma steps down as Paytm Payments Bank chairman

Rediff.com26 Feb 2024

Vijay Shekhar Sharma has stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited (PPBL), and the board of the bank has been reconstituted. The Reserve Bank has barred the PPBL from accepting deposits and credits from any customer post-March 15 for persistent non-compliances and continued material supervisory concerns in the bank. PPBL has reconstituted its Board of Directors with the appointment of Ex-Central Bank of India chairman Srinivasan Sridhar, retired IAS officer Debendranath Sarangi, former executive director of Bank of Baroda Ashok Kumar Garg, and former IAS officer Rajni Sekhri Sibal, Paytm said in a regulatory filing on Monday.

Allahabad HC summons makers of 'Adipurush' on July 27

Allahabad HC summons makers of 'Adipurush' on July 27

Rediff.com1 Jul 2023

A vacation bench comprising Justice Rajesh Singh Chauhan and Justice Shree Prakash Singh was hearing separate petitions of Kuldeep Tiwari and Naveen Dhawan seeking a ban on the movie.

HC stays trial proceedings against Chidambaram in ED case

HC stays trial proceedings against Chidambaram in ED case

Rediff.com20 Nov 2024

The Delhi high court on Wednesday stayed the trial court proceedings against senior Congress leader P Chidambaram in the Aircel-Maxis case lodged by the Enforcement Directorate.

IPO boom: Record Rs 1.6 lakh cr raised in 2024

IPO boom: Record Rs 1.6 lakh cr raised in 2024

Rediff.com22 Dec 2024

Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

Does RBI's board have the skill to handhold the management?

Does RBI's board have the skill to handhold the management?

Rediff.com18 Dec 2018

If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.

Paytm Payments Bank MD and CEO Surinder Chawla quits

Paytm Payments Bank MD and CEO Surinder Chawla quits

Rediff.com9 Apr 2024

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. "Surinder Chawla, managing director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.

'Everyone Hated Me And I Loved It'

'Everyone Hated Me And I Loved It'

Rediff.com6 Mar 2025

'Mrs shows a dark side to the son and the father.' 'I had to do things that I wouldn't dare to do in real life.'

PCB strips captain, coach of authority

PCB strips captain, coach of authority

Rediff.com14 Oct 2024

Pakistan captain Shan Masood and head coach Jason Gillespie will no longer have a say in selection matters after the PCB selectors cut down their powers, according to a source.

After 40 yrs, Bhopal gas waste to be shifted for disposal

After 40 yrs, Bhopal gas waste to be shifted for disposal

Rediff.com30 Dec 2024

The work to remove 377 metric tonnes of hazardous waste from the now-defunct Union Carbide factory in Bhopal has begun. The waste will be transported to an incineration site in Pithampur near Indore, around 250 km from Bhopal. The move comes after the Madhya Pradesh High Court ordered the authorities to clear the site, 40 years after the deadly gas leak that killed thousands and left hundreds of thousands with health problems.

ED gets 4-day custody of AAP MLA Amanatullah Khan in PMLA case

ED gets 4-day custody of AAP MLA Amanatullah Khan in PMLA case

Rediff.com3 Sep 2024

Several Aam Aadmi Party leaders, including Manish Sisodia and Sanjay Singh, hit out at the BJP government at the Centre, saying agencies are targeting those who raised their voice against the ruling party.

Explained: How National Testing Agency functions

Explained: How National Testing Agency functions

Rediff.com27 Jun 2024

Here is an explainer on the functioning of the seven-year-old body.

Why Modi compared RBI ex-governor Urjit Patel to a snake

Why Modi compared RBI ex-governor Urjit Patel to a snake

Rediff.com27 Sep 2023

Under Urjit Patel, the then RBI Governor, the central bank had a habit of making complete about-turns on various issues, including electoral bonds and digital payments, former finance secretary Subash Chandra Garg said in his book titled 'We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.' Citing some instances of about-turns by the then RBI Governor Patel, Garg in his book said, RBI had done so on the electoral bond issue and it had so in case of setting up of Payments Regulatory Board (PRB). RBI also made unilateral decisions like ordering complete data localization for participation in the payment system, Garg wrote in the book which will hit the stands on October 1.

13 candidates in fray for PNB top job

13 candidates in fray for PNB top job

Rediff.com2 Oct 2024

At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.

ED grills AAP MLA Amanatullah Khan for over 13 hours

ED grills AAP MLA Amanatullah Khan for over 13 hours

Rediff.com19 Apr 2024

Aam Aadmi Party MLA Amanatullah Khan was questioned by the Enforcement Directorate on Thursday for more than 13 hours in connection with a money laundering case linked to alleged irregularities in the Delhi Waqf Board under his chairmanship, officials said.

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

The American Awarded A Padma Shri

The American Awarded A Padma Shri

Rediff.com22 Feb 2025

Sally Holkar left America and made India her home nearly 60 years ago. She went on a mission to revive a dying craft and changed the lives of rural weavers.

Tracking air: As Delhi AQI worsens, experts call for long-term solutions

Tracking air: As Delhi AQI worsens, experts call for long-term solutions

Rediff.com25 Oct 2024

Air quality index (AQI) soared past 350 level in parts of Delhi on Thursday and experts cautioned that as weather turns colder it may breach the 400-mark ceiling and enter the 'severe' zone soon, notwithstanding the incidents of stubble burnings which have nosedived from 17,529 in 2020 to 4,262 this year.

Govt setting up high-tech platform under IB to track new age criminals

Govt setting up high-tech platform under IB to track new age criminals

Rediff.com8 Jun 2022

Security and intelligence agencies will soon be provided with a new platform which is technologically advanced, secure and helpful in dealing with new age criminals and anti-social elements, officials said on Wednesday.

CBIC steps up vigil over imports of unbranded gold jewellery

CBIC steps up vigil over imports of unbranded gold jewellery

Rediff.com10 Jun 2024

The Central Board of Indirect Taxes and Customs (CBIC) has stepped up its watch on the import of unbranded gold jewellery amid a spurt in seizures on international borders and from importers. During FY24, the CBIC and Directorate of Revenue Intelligence (DRI) jointly seized about 5 tonnes of gold, 30 per cent more than what they did in FY23. In FY23, 3.5 tonnes of gold was confiscated.

RBI to pay Rs 30,307 crore dividend to govt for FY22

RBI to pay Rs 30,307 crore dividend to govt for FY22

Rediff.com20 May 2022

Reserve Bank of India (RBI) on Friday said its board has approved a dividend payment of Rs 30,307 crore to the government for the financial ended March 2022. The board approved the transfer of Rs 30,307 crore as surplus to the central government for the accounting year 2021-22 while deciding to maintain the Contingency Risk Buffer at 5.50 per cent, RBI said in a statement. The decision on the dividend payment was made in the 596th meeting of the Central Board of Directors of RBI, headed by Governor Shaktikanta Das, held on Friday.

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com27 Mar 2025

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

When A PM Miraculously Escaped Air Crash

When A PM Miraculously Escaped Air Crash

Rediff.com17 Feb 2025

Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.

Why companies are chary of independent directors

Why companies are chary of independent directors

Rediff.com18 Jan 2019

As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.

Beyond IIT-JEE: Important Engineering Entrance Exams

Beyond IIT-JEE: Important Engineering Entrance Exams

Rediff.com9 Jan 2025

Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.

EC sets up special panel to curb cash distribution, with eye on TN

EC sets up special panel to curb cash distribution, with eye on TN

Rediff.com14 Mar 2019

CEC Sunil Arora will meet former heads of Central Board of Direct Taxes and Central Board of Indirect Taxes and Customs on Friday to discuss ways to keep a check on black money disbursements in South India, especially Tamil Nadu.

Delhi court extends Kejriwal's custody till July 12 in excise policy case

Delhi court extends Kejriwal's custody till July 12 in excise policy case

Rediff.com3 Jul 2024

Kejriwal, who is in jail till July 12 in the Central Bureau of Investigation case related to the excise policy, appeared before the court of special judge Kaveri Baweja through video conference.

Reserve Bank supersedes boards of Srei firms

Reserve Bank supersedes boards of Srei firms

Rediff.com4 Oct 2021

The Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over governance and payment defaults, and decided to refer the two NBFCs for resolution under the insolvency law. This is only the second time in as many years that the Reserve Bank of India (RBI) is referring entities for the resolution process under the Insolvency and Bankruptcy Code (IBC) after taking first ever such step in the case of DHFL back in 2019. Superseding the boards of the crisis-hit Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), the RBI has appointed Rajneesh Sharma, former Chief General Manager of Bank of Baroda as the administrator to manage the affairs of the two companies.

CBIC Goes Soft On GST Investigations

CBIC Goes Soft On GST Investigations

Rediff.com23 Apr 2024

The principal commissioner has been made responsible for developing and approving any intelligence, conducting search, and completing investigations and relevant subsequent actions, including at the lower field formations, points out T N C Rajagopalan.

RBI may have to restructure its key committees

RBI may have to restructure its key committees

Rediff.com30 Nov 2018

The government has proposed "drastic changes" in the rules framed to retune the composition of three committees of the RBI: Board for Financial Supervision, the Board for Payment and Settlement Systems and the Committee of the Central Board.

Changes to banking laws have a consumer tilt

Changes to banking laws have a consumer tilt

Rediff.com12 Aug 2024

Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha to amend four pieces of legislation. This amendment is also to improve audit quality in public-sector banks (PSBs), offer consistency in reporting by banks to the Reserve Bank of India (RBI), and provide for an increase in the tenure of directors in cooperative banks.

India's growth momentum likely to be sustained in 2023-24: RBI

India's growth momentum likely to be sustained in 2023-24: RBI

Rediff.com30 May 2023

On the back of sound macroeconomic policies and softer commodity prices, India's growth momentum is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures, said the Reserve Bank's annual report released on Tuesday. It, however, added that slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility following new stress events in the global financial system could pose downside risks to growth. "On the back of sound macroeconomic policies, softer commodity prices, a robust financial sector, a healthy corporate sector, continued fiscal policy thrust on quality of government expenditure, and new growth opportunities stemming from global realignment of supply chains, India's growth momentum is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures," it said.