News for 'Central Board of Directors'

Will New Sports Bill Be A Game Changer?

Will New Sports Bill Be A Game Changer?

Rediff.com12 Aug 2025

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.

Sovereign wealth funds, pension players leave other FPIs blinking

Sovereign wealth funds, pension players leave other FPIs blinking

Rediff.com30 Sep 2025

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.

'Don't Want Shah Rukh To Say No To Me'

'Don't Want Shah Rukh To Say No To Me'

Rediff.com7 Nov 2025

'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!".'

Govt To Target Coaching Centres

Govt To Target Coaching Centres

Rediff.com23 Jun 2025

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.

ED conducts 1st-ever raids in Andaman and Nicobar Islands

ED conducts 1st-ever raids in Andaman and Nicobar Islands

Rediff.com31 Jul 2025

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).

Pycroft received handshake order just four minutes pre-toss

Pycroft received handshake order just four minutes pre-toss

Rediff.com19 Sep 2025

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.

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

Rediff.com23 Aug 2025

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.

BCCI To Stay Outside The Ambit Of RTI ACT!

BCCI To Stay Outside The Ambit Of RTI ACT!

Rediff.com6 Aug 2025

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.

Can This Man Improve India-US Relations?

Can This Man Improve India-US Relations?

Rediff.com2 Sep 2025

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 Sword Of Vigilance Hangs Over Bankers

The Sword Of Vigilance Hangs Over Bankers

Rediff.com1 Aug 2025

'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.

Dev Anand: 'I Wanted To Marry Suraiya'

Dev Anand: 'I Wanted To Marry Suraiya'

Rediff.com26 Sep 2025

'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.'

Challenges Before The New Data Law

Challenges Before The New Data Law

Rediff.com28 Jul 2025

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.

RBI turned down request to appoint ex-CBI official on board: Religare

RBI turned down request to appoint ex-CBI official on board: Religare

Rediff.com25 Oct 2024

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.

'Next 48 hours crucial': 10 dead, hundreds displaced as rain lash Maha

'Next 48 hours crucial': 10 dead, hundreds displaced as rain lash Maha

Rediff.com19 Aug 2025

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.

'India Is Critical Hub For GlobalLogic's Operations'

'India Is Critical Hub For GlobalLogic's Operations'

Rediff.com30 Aug 2025

'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'

Anil Ambani appears before ED in bank loan 'fraud' case

Anil Ambani appears before ED in bank loan 'fraud' case

Rediff.com5 Aug 2025

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.

Are The Rich Paying Less Tax?

Are The Rich Paying Less Tax?

Rediff.com3 May 2025

They are not just underreporting income; they are reshaping what the income tax system perceives, says study.

Film Body Wants Diljit Dosanjh Banned; He Reacts

Film Body Wants Diljit Dosanjh Banned; He Reacts

Rediff.com24 Jun 2025

Amid a storm surrounding his collaboration with Pakistani actress Hania Aamir, singer-actor Diljit Dosanjh has taken to social media with a cryptic message.

All conditions met: IMF defends $1 billion loan to Pakistan

All conditions met: IMF defends $1 billion loan to Pakistan

Rediff.com23 May 2025

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.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

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.

No casualty reported so far in TN train collision: Railway board

No casualty reported so far in TN train collision: Railway board

Rediff.com12 Oct 2024

According to Kumar, medical and railway assistance teams are at the site to provide help to passengers.

'Future Generali always wanted to outgrow the industry'

'Future Generali always wanted to outgrow the industry'

Rediff.com12 Jul 2025

'This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.'

Additional secretary to replace fin secy in RBI board

Additional secretary to replace fin secy in RBI board

Rediff.com31 Jul 2015

RBI had a board meeting recently.

CBI books ED officer for extorting Shimla institutes; recovers Rs 1 cr

CBI books ED officer for extorting Shimla institutes; recovers Rs 1 cr

Rediff.com31 Dec 2024

The Central Bureau of Investigation (CBI) has registered an FIR against an Enforcement Directorate (ED) assistant director who escaped during a trap operation last week. The ED officer, posted in Shimla, is accused of demanding bribes from promoters of educational institutes in Himachal Pradesh. The CBI has already arrested the officer's brother and a middleman in connection with the case. The ED officer and his supervisory officers have been transferred to Delhi.

After CEO exit, RBI okays IndusIndexecutives' panel to run the show

After CEO exit, RBI okays IndusIndexecutives' panel to run the show

Rediff.com1 May 2025

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.

No More ITR-2 for LTCG Up To 1.25 Lakh

No More ITR-2 for LTCG Up To 1.25 Lakh

Rediff.com2 May 2025

Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.

Air India flight fell on ground right after take-off

Air India flight fell on ground right after take-off

Rediff.com12 Jun 2025

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.

AI plane crash death toll hits 270 as families wait for bodies

AI plane crash death toll hits 270 as families wait for bodies

Rediff.com14 Jun 2025

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.

Wrong ITR Form Can Delay Tax Returns

Wrong ITR Form Can Delay Tax Returns

Rediff.com27 May 2025

The return filed could be treated as defective, invalid, or even be considered as not filed at all.

Paytm Payments Bank fiasco: Independent directors raised concerns

Paytm Payments Bank fiasco: Independent directors raised concerns

Rediff.com18 Feb 2024

At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.

If Your Mutual Fund Shuts, Is Your Money Safe?

If Your Mutual Fund Shuts, Is Your Money Safe?

Rediff.com16 Jul 2025

Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.

4 killed after falling off overcrowded local trains in Thane

4 killed after falling off overcrowded local trains in Thane

Rediff.com9 Jun 2025

The incident occurred between Diva and Kopar railway stations when the overcrowded train was going towards Kasara, an official said.

ED conducts multi-state raids in Bihar constable recruitment 'scam'

ED conducts multi-state raids in Bihar constable recruitment 'scam'

Rediff.com19 Jun 2025

The agency seized documents like answer sheets, OMR codes, hand-written notes related to IDs and names of candidates apart from their education certificates, the sources said.

AIIMS to constitute medical board for examining Kejriwal over insulin row

AIIMS to constitute medical board for examining Kejriwal over insulin row

Rediff.com22 Apr 2024

Kejriwal had alleged he was not being administered insulin in jail leading to "alarming" rise in his blood sugar levels.

Gyanesh Kumar appointed as next CEC

Gyanesh Kumar appointed as next CEC

Rediff.com18 Feb 2025

Gyanesh Kumar, a 1988-batch Kerala Cadre IAS officer, has been appointed as the next Chief Election Commissioner (CEC) of India. Kumar, who was previously an Election Commissioner, will serve until January 26, 2029. His appointment comes amidst controversy as the Congress party demanded the government defer its decision until the Supreme Court concludes its hearing on a petition challenging the composition of the selection panel. Kumar's tenure will see him oversee several state assembly elections, including Bihar, Kerala, Puducherry, Tamil Nadu, and West Bengal.

New I-T bill may be introduced in LS next week: Sitharaman

New I-T bill may be introduced in LS next week: Sitharaman

Rediff.com8 Feb 2025

Finance Minister Nirmala Sitharaman on Saturday said she is likely to introduce the new income tax bill, which will replace the six-decade-old I-T Act, in the Lok Sabha in the coming week.

Kangana: 'Bahut Sangharsh Raha'

Kangana: 'Bahut Sangharsh Raha'

Rediff.com8 Jan 2025

'I had no idea I would endure difficult times while making this film.'

Beware High-Fee, Low-Return Funds

Beware High-Fee, Low-Return Funds

Rediff.com30 May 2025

A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.

IL&FS dispenses Rs 45,281 cr debt to lenders

IL&FS dispenses Rs 45,281 cr debt to lenders

Rediff.com7 Apr 2025

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024.

Infosys under probe for alleged GST evasion of Rs 32,403 cr

Infosys under probe for alleged GST evasion of Rs 32,403 cr

Rediff.com1 Aug 2024

India's second largest IT services company Infosys has been slapped with a 'pre-show cause' notice for alleged GST evasion to the tune of about Rs 32,403 crore. In a BSE filing, the Bengaluru headquartered IT firm said Karnataka State GST authorities have issued a pre-show cause notice for payment of GST of Rs 32,403 crores for the period July 2017 to March 2022, towards the expenses incurred by overseas branch offices of Infosys Ltd, and added that the company has responded to the pre-show cause notice.