To bring down promoter stake to comply with minimum public shareholding rules.
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
Sri Lanka Cricket (SLC) made it clear during the ACC council meeting in Bali last week that it was not willing to take the financial burden as it did not earn extra and was also not the official host of the tournament.
The Bangladesh Cricket Board (BCB) said it has appointed batter Najmul Hossain Shanto as captain in all three formats for the next year amid ongoing uncertainty over the availability of former skipper Shakib Al Hasan.
'Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. '
Satyam's expanded board will meet on Saturday with the focus on raising funds to keep the business alive and may also have to deal with complaints on its choice of auditor to restate the company's financials.
The International Cricket Council (ICC) executive board will hold a teleconference in Dubai on Sunday to decide the fate of the Champions Trophy, amid concerns by players about travelling to Pakistan for the event. An ICC task force set up to allay the safety concerns of the Australia, New Zealand, England and South Africa boards will hold its own teleconference first, on Friday, an ICC press release said on Wednesday.
'API prices are dragging down margins and impacting our competitive ability.'
India's newest batting star Sarfaraz Khan and wicket-keeper Dhruv Jurel were inducted into Group C of BCCI's central contract with an annual retainership fee of Rs 1 crore, having fulfilled the criteria of playing three Tests in a current season.
Pakistan Cricket Management Committee chairman Zaka Ashraf has landed in India to attend the ICC Executive Board meeting to be held in Ahmedabad on Saturday.
West Bengal Chief Minister Mamata Banerjee will visit Chennai on November 2 and is likely to hold a meeting with her Tamil Nadu counterpart M K Stalin to discuss their strategies for the 2024 Lok Sabha poll, a senior government official said on Tuesday.
In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.
WFI President Sanjay Singh on Friday assured that the protesting wrestlers' trio of Bajrang Punia, Vinesh Phogat and Sakshi Malik would not face any discrimination and he would personally approach them for appearance in the Olympic Qualifiers trials, which will be held in Maharashtra.
Here are some of the big names who could be interested in applying for the post.
Bihar Chief Minister Nitish Kumar and Janata Dal-United national president Lalan Singh arrived together at the party's office in New Delhi on Thursday to attend its office-bearers meeting amid intense buzz about changes within the organisation.
Two days after the termination of the merger agreement by Sony Group, Zee Entertainment on Wednesday hit back by filing a petition before the National Company Law Tribunal (NCLT), seeking a direction to implement the merger scheme. Besides, it has also initiated appropriate legal actions to contest the claims of $90 million (Rs 748.5 crore) filed by Sony Group before the Singapore International Arbitration Centre (SIAC), according to a regulatory update by Zee Entertainment Enterprise Ltd (ZEEL).
The Aam Aadmi Party on Monday alleged that graffiti threatening Chief Minister Arvind Kejriwal were scribbled inside the metro trains in Delhi, as it accused the Bharatiya Janata Party of being behind this incident.
Hardik Pandya's indifferent batting form in IPL 2024 is a big worry.
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
The report said that the expansion to 10 teams would happen in the next five years and "the likeliest locations are the south-west, in Bristol and Taunton, and the north-east, at Durham".
Assam Chief Minister Sarbananda Sonowal and Health Minister Himanta Biswa Sarma were on Friday called to New Delhi by the Bharatiya Janata Party central leadership, apparently to discuss about the leadership issue of the next government, five days after the saffron party-led alliance emerged victorious in the assembly elections, sources said.
Real estate investment trusts (Reits) are in talks with regulatory bodies - the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) - to seek changes in regulations that will allow easier access to capital. The Indian Reits Association (IRA) said it has approached the market regulator seeking to get classified as an 'equity' asset, which will open the path for their inclusion in equity indices and also make investment by mutual funds (MFs) easier. The association is also in active discussions with the RBI to allow banks to lend to a Reit.
There are seven items on the agenda and right at the top of the list is domestic cricket, which also includes junior and women's categories.
Picture this: A cozy, candlelit evening where it is just your sweetheart and you, with no annoying notifications crashing the party or stealing your attention.
Top seven teams at ODI World Cup 2023 will qualify for 2025 ICC Champions Trophy, as per ICC's new rules
The executive board, which is expected to meet later this month, will discuss holding the session "remotely through a secure electronic system" on July 17, with a possible "electronic voting system" in place.
The woes have become a serious issue of concern for Bengalureans, especially in Whitefield, KR Puram, Electronic City, RR Nagar, Kengeri and CV Raman Nagar.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
In the international market, Pfizer completed its acquisition of Wyeth in 2009.
New Zealand secured a one-day international series win over Bangladesh this week with a match to spare and the dead rubber will be played on Saturday.
The meeting has been called to discuss letters received from the IOC which had threatened to act on its own if the national sports apex body does not furnish what action it is going to take against Suresh Kalmadi.
Edtech major Byju's is in process to raise Rs 600-700 crore to fund the company's operations till March by when it expects to realise money through the sale of Epic and partial stake sale in other subsidiaries, according to sources aware of the development. Byju's founder Byju Raveendran has recently raised money by mortgaging home and real estate assets owned by family members for paying salaries, sources said. "There is about Rs 50 crore gap per month in operational expenses where a large component is salary.
Anushree Mehta will direct the remake of Hrishikesh Mukherjee's classic film Bawarchi.
Automotive (auto) major Mahindra & Mahindra (M&M), which is readying to launch nine sport utility vehicles (internal combustion engine/ICE), seven Born Electric Vehicles (BEVs), and seven light commercial vehicles by 2030, has outlined an investment of Rs 27,000 crore in its auto business between 2024-25 (FY25) and 2026-27 (FY27). Over the next three years, the company will deploy Rs 37,000 crore, including its auto business, farm business (Rs 5,000 crore), and service business (Rs 5,000 crore).
Dhumal said the interest to stage IPL matches was indicative of its popularity abroad.
The Bharatiya Janata Party's first list of 20 candidates for Lok Sabha elections in Karnataka has caused dissidence among leaders in the state with few claiming that they would switch over to Congress.
A concerned Sri Lanka skipper Kusal Mendis on Sunday hoped the ICC's suspension of the nation's cricket body will not affect the upcoming fixtures of the national team and the preparations for the men's U19 World Cup in Colombo early next year.
The SBI board has given the largest lender an "in-principle" approval to invest in the capital-starved Yes Bank. The central board of SBI discussed the matter at a meeting on Thursday, it informed the exchanges.
Alternative investment funds (AIFs) are yet to fully demat the outstanding units even as the deadline ended on October 31. Industry players say they are working on the transition from physical to electronic with the depositories Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NDSL). Some said they are hoping for some relaxation from the market regulator Securities and Exchange Board of India (Sebi), given the teething problems they are facing.
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