Directors that are shareholders will also face more problems.
The YES Bank family tussle puts focus on RBI guidelines on appointment of directors.
'With a strong customer base, we will continue to focus on customer-centric services, offer integrated full services, a global delivery model, tap emerging markets and increase our non-linear capabilities.'
Mallya is the first Indian ever to become the owner of a Formula One Team. The Netherlands-based Mol Family and Mallya have formed a consortium that is now the joint owner of Force India Formula One, which is also India's first-ever Formula One Team and represents India's first, truly global sports foray.
The Supreme Court on Tuesday dismissed journalist Rana Ayyub's plea challenging summons by the Ghaziabad special court in a money laundering case, leaving it open for her to raise the issues before the trial court.
The committee headed by Prof S Sadagopan, director, International Institute Information Technology, Bangalore, will suggest steps for implementing a central database of stock market participants.
Significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India, according to global technology industry body ITI. The ministry of electronics and IT has floated draft Digital Personal Data Protection (DPDP) Bill 2022 and has invited comments on the same till January 2. "The Bill grants significant controls to the executive arm of GOI (Government of India) and delegates much of the detailed rulemaking authority to separate, as yet undefined processes.
Hindustan Zinc (HZL), a subsidiary of Vedanta, announced an interim dividend of Rs 21 per share last week, resulting in an outflow of Rs 8,863 crore. The announcement has turned the spotlight on India Inc's dividend-paying policy - more so for reasons driving the generosity of firms. An analysis of BSE 500 companies by Business Standard Research Bureau shows that some of the top 20 dividend-paying companies in 2021-22 (FY22) include Vedanta, Tata Consultancy Services, HZL, Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IndianOil), Hindustan Unilever (HUL), Reliance Industries (RIL), and Bajaj Auto, among others.
If you're looking for work in any of these fields, you're in luck.
'Why should our government opt for unproven technology that has been rejected by most countries across the globe?' 'Being dependent on any other nation to supply you seed for your good crops is another form of slavery.'
On Friday, Biden announced his intent to appoint 14 people to the advisory committee, which provides overall policy advice to the United States trade representative on matters of development, implementation, and administration of the US trade policy.
The Hyderabad-based company may generate about $12 million revenues during the current financial year from its South African operations against $4 million in 2006.
HDFC Bank has reshuffled the portfolios of its senior management team. This is the first major rejig after the amalgamation of HDFC Ltd on July 1. "The runway for our growth is large. This change is being done to bring in a very sharp focus on leveraging what we have built and for enhanced execution," said Sashidhar Jagdishan, managing director and chief executive of HDFC Bank, explaining the reason for this overhaul.
Home decor and textile brand Maspar Home Fashion plans to target service apartment developers in major information technology hubs like Pune, Bangalore and Gurgaon. The company hence has entered cities like Pune, Gurgaon, Noida and Bangalore in its initial phase of expansion.
The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving widespread use of biofuels in the transportation sector in India. Recently, two Union ministers have emphasised India's biofuel potential, arguing that it has the capacity and potential to lead a transition towards widespread biofuel adoption. Road Transport Minister Nitin Gadkari signalled that this transition is well underway and urged car manufacturers to quickly adapt and introduce new biofuel-run vehicles, lest the government resort to taxing diesel vehicles.
"Religious festivals seem to have become occasions to intimidate and bully others -- a far cry from when they were occasions for joy and celebration. Instead, there is intimidation and discrimination only on account of their religion, food, caste, gender or language," Gandhi said.
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.
Oracle India has announced an in-kind grant of $5.4 million to provide specialised training in information technology to students in 100 polytechnic institutes in Karnataka under its Oracle Academy programme.
Atal Bihari Vajpayee Indian Institute of Information Technology & Management offers admission to PhD Programme for Academic Session 2007-2008.
A former official of the state-run Agricultural Bank of China has been executed for taking bribes and embezzling US$ 1.97 million.
In an interesting move, S Ramadori, chief executive officer and managing director of information technology major Tata Consultancy Services, recently said that TCS may provide IT services to casinos in Macau.
According to official sources, various states are contemplating bans on TikTok, Kwai, LIKE and other such apps over the next few months, on the worry that these platforms encourage child pornography, nudity and the spread of fake news, report Karan Choudhury and Neha Alawadhi.
In the beginning, the institute will function from a temporary campus situated in the heart of Patna. A senior official of the state government told rediff.com that IIM, Patna will be headed by rural marketing guru and Dean of Information Technology and Management Kozikhde V Mukunda Das.
Westbridge Capital Partners is planning to invest $200 million in Indian companies over the next 2-3 months.
'Investors should keep them on their radar and invest over a longer time frame, and expect some of these companies to bite the dust.'
A parliamentary panel on Friday questioned top Twitter officials over a whistle-blower's revelations on its India operations, and gave them a dressing-down as their replies on issue of data security and privacy were "not satisfactory", sources said.
The plan is to offer the ratings of drivers to insurers, which can then customise their premiums -- a higher score meaning a lower premium, for instance, and vice-versa.
The Theory of Evolution, proposed by the English naturalist, explains that all living beings evolved through natural selection, which favours inherited traits that improve an individual's ability to compete, survive, and reproduce.
Dr Shreekant Sambrani pays tribute to M S Swaminathan, renowned agricultural scientist and a lifelong crusader against hunger who passed away in Chennai recently.
It was perhaps for the first time that any parliamentary panel deliberated on a film before it had been approved by the censor board.
Also, a court in Mohali's Kharar sent the three accused, including the woman student, to seven-day police remand.
Revising its earlier projection of 27 lakh units, Manufacturers Association of Information Technology on Thursday said personal computer sales during the current fiscal would cross 30 lakh units.
India's largest information technology firm Tata Consultancy Services on Wednesday said it would increase headcount in the next financial year and explore both the organic and inorganic routes for growth.
