A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.
Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.
Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.
'We are not all Abduls, you know. Our community has any number of retired civil and defence officers, doctors, engineers, lawyers.'
The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.
The Income Tax department is working on simplified I-T forms and aims to notify new rules by December-end to give effect to the new I-T Act, which will come into force from April 1 next year, a senior tax official said on Monday.
The National Company Law Appellate Tribunal (NCLAT) has allowed state-owned Canara Bank and Indian Bank to pursue proceedings against former IL&FS directors, who are not part of the new board, to declare them as wilful defaulter. However, the appellate tribunal said those directors who are part of the new board of Infrastructure Leasing & Financial Services (IL&FS) and its various subsidiaries after October 1, 2018, would remain protected.
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
The Central Drugs Standard Control Organisation (CDSCO) will conduct testing, inspection and auditing of cough syrup manufacturers.
Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
'Only because of the absence of a dedication record in writing, how can such properties be treated as located on misappropriated government land?'
'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'
Just over a three-hour flight from Delhi, Kazakhstan, Uzbekistan, Azerbaijan and Georgia have seen a big jump in visitors.
'Today, Shah Rukh is sitting so high up that it will have to be something really spectacular for him to jump up and say, "Hey, yes, let's make this film!".'
Entities controlled by governments - sovereign wealth funds, and pension funds - have recorded higher growth in equity assets under custody compared to other foreign portfolio investors (FPIs) over the past five years.
Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.
Pycroft's decision has not been seen by ICC as a breach of any code of conduct, but as an action he was authorised to take in his remit as a match official deputed to manage the game.
The case pertains to the Andaman Nicobar State Cooperative Bank (ANSCB) and its former vice chairman Kuldeep Rai Sharma. Sharma, a 57-year-old Congress leader, is a former MP of the UT (2019-24).
The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India -- he represents both a challenge and an opportunity, points out Aditi Phadnis.
The panel will examine the reasons behind the emergence of dummy schools and their role in encouraging full-time coaching at the cost of formal schooling, and will suggest ways to mitigate the issue.
The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.
'I fell in love with Suraiya and that was my first real gafla. The more I couldn't get her, the more I wanted her. When I couldn't marry her because the world didn't want it, I cried for the first time.'
In what can be construed as a relief to the BCCI, the Sports Ministry has amended the RTI-related provision of the National Sports Governance Bill, placing only those bodies under its ambit which rely on government grants and assistance.
'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.
Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times. The views were conveyed to the regulator on Monday in a conference of directors of private sector bank boards on the theme "Transformative Governance Through Sound Boards". RBI governor Shaktikanta Das, deputy governors Swaminathan J and M Rajeshwar Rao, and other senior officials of the central bank participated in the conference.
'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'
Heavy rains in Maharashtra have caused floods, road blockages, and widespread damage, resulting in casualties and displacement. The state government is monitoring the situation and coordinating rescue efforts.
DPDP Act (2023) gives individuals the right to decide how their personal data is collected and used. For many businesses, this means reworking longstanding data practices, notes Ravi Duvvuru.
Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.
Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.
Amid a storm surrounding his collaboration with Pakistani actress Hania Aamir, singer-actor Diljit Dosanjh has taken to social media with a cryptic message.
The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.
They are not just underreporting income; they are reshaping what the income tax system perceives, says study.
'This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.'
Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.
The Air India plane AI-171 from Ahmedabad to London crashed immediately after take-off from the Sardar Vallabhbhai Patel Ahmedabad airport on Thursday, as per the Gujarat State Police Control Room.
The Reserve Bank of India (RBI) has approved IndusInd Bank's request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier.
Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
The process of identification of victims by matching the DNA samples is currently underway, and the bodies will be handed over to their relatives once the process is complete.
Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.
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