News for 'Executive Board'

Hero MotoCorp Q4 profit up 24% at Rs 1,169 cr

Hero MotoCorp Q4 profit up 24% at Rs 1,169 cr

Rediff.com13 May 2025

Hero MotoCorp on Tuesday posted 24 per cent increase in consolidated profit after tax at Rs 1,169 crore for the fourth quarter ended March 31, 2025 riding on higher margins backed by better product mix, parts revenue and cost effectiveness. The company had reported a consolidated profit after tax (PAT) of Rs 943 crore in January-March FY24.

Jio Financial gets Sebi nod for mutual fund business

Jio Financial gets Sebi nod for mutual fund business

Rediff.com27 May 2025

Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing.

AI 171 Crash: No Closure In Sight As Questions Linger

AI 171 Crash: No Closure In Sight As Questions Linger

Rediff.com10 Jul 2025

The truth about what triggered the fatal crash of the Dreamliner should not only help bring the guilty to book, but also outline the future course of action in aviation safety, notes Nivedita Mookerji.

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.

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

Rediff.com29 Apr 2025

IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

Op Sindoor: Diplomatic missions push for decisive anti-terror action

Op Sindoor: Diplomatic missions push for decisive anti-terror action

Rediff.com30 May 2025

All-party parliamentary delegations on Friday met leaders and diplomats from several countries to galvanise international action against terrorists and decisively counter the tactics of those who perpetrate, support and sponsor cross-border terror activities against India.

Smart Fixes for Low Savings Problem

Smart Fixes for Low Savings Problem

Rediff.com20 Jun 2025

Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.

Presumption of constitutionality in favour of Waqf law, says SC

Presumption of constitutionality in favour of Waqf law, says SC

Rediff.com20 May 2025

Underscoring the 'presumption of constitutionality in favour of law', the Supreme Court on Tuesday said petitioners challenging the waqf law needed a 'strong and glaring' case for interim relief.

No major issues in Air India's Boeing 787 fleet post-crash: DGCA

No major issues in Air India's Boeing 787 fleet post-crash: DGCA

Rediff.com18 Jun 2025

Amid mounting safety concerns and the cancellation of at least 66 flights that were to be operated with Boeing 787 Dreamliner aircraft, DGCA officials held a detailed review meeting with top Air India and Air India Express executives.

Wouldn't want to bowl to them: Cummins terrified of his own team

Wouldn't want to bowl to them: Cummins terrified of his own team

Rediff.com23 Mar 2025

Sunrisers Hyderabad skipper Pat Cummins has expressed his amazement at the team's batting prowess, calling it "scary" to watch them clobber the bowlers.

'We Were There At Every Crew Funeral': AI CEO

'We Were There At Every Crew Funeral': AI CEO

Rediff.com21 Jun 2025

'We will continue supporting those affected long after the work in Ahmedabad is done.'

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Rediff.com27 May 2025

Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

TCS calls Gen AI a 'civilisational shift'

TCS calls Gen AI a 'civilisational shift'

Rediff.com28 May 2025

India's largest IT services company TCS believes that generative artificial intelligence (AI) is not just another tech cycle but a "civilisational shift" which will positively benefit every industry.

Jubilant Suyash ready to celebrate on June 3rd

Jubilant Suyash ready to celebrate on June 3rd

Rediff.com29 May 2025

We have lost battle but not war: Punjab Kings skipper Shreyas Iyer

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.

'UCO Bank's strategy is to raise capital in tranches'

'UCO Bank's strategy is to raise capital in tranches'

Rediff.com27 Jun 2025

'Raising the entire amount in one go may not be prudent, given the market dynamics.'

'Guru Dutt Was Very Down To Earth'

'Guru Dutt Was Very Down To Earth'

Rediff.com9 Jul 2025

'I always considered him as a director, never an actor. Do you know he always considered other actors for his films first?' 'For Pyaasa, he wanted to cast Dilip saab; only when Dilip saab refused did Guru Duttji decide to do the role himself.'

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.

Homebound Makes A Splash At Cannes

Homebound Makes A Splash At Cannes

Rediff.com21 May 2025

Janhvi Kapoor, Ishaan Khatter, along with others, turned heads at Cannes 2025 as they walked the red carpet in absolute style ahead of the much-awaited premiere of their film 'Homebound' at the prestigious film festival.

Why Bhaichung Bhutia is opposed to AIFF's MRA move

Why Bhaichung Bhutia is opposed to AIFF's MRA move

Rediff.com7 Apr 2025

The All India Football Federation decided to form an eight-member task force to look into the Master Rights Agreement (MRA) negotiations with its commercial partner Football Sports Development Ltd

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Rediff.com28 May 2025

Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.

'Abhishek Has Gone Through A Lot'

'Abhishek Has Gone Through A Lot'

Rediff.com17 Jul 2025

'It's a tremendous accomplishment to have a father like Amitabh Bachchan and still be so sorted, to not taste the kind of success that he should have and yet be so balanced.'

'The demand for health insurance is fine'

'The demand for health insurance is fine'

Rediff.com22 Jun 2025

'The retail industry is still growing in double digits.'

Execution key for further gains in Tata Power after Q2

Execution key for further gains in Tata Power after Q2

Rediff.com9 Nov 2024

Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).

What DGCA Wants AI To Check Before B787 Flights

What DGCA Wants AI To Check Before B787 Flights

Rediff.com14 Jun 2025

The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

Scotland, ECB in talks for Team GB at LA 2028 Olympics

Scotland, ECB in talks for Team GB at LA 2028 Olympics

Rediff.com19 Apr 2025

Cricket, one of the five new sports in Los Angeles, will return to the Olympics after 128 years, featuring six teams each in the men's and women's competitions in the 20-overs format.

Abhinav Bindra gets mention from 'friend' Bach at IOC session

Abhinav Bindra gets mention from 'friend' Bach at IOC session

Rediff.com20 Mar 2025

The IOC launched the first Olympic Values Education Programme (OVEP) in India in May 2022, with the Olympism-themed curriculum being integrated into the school education system in Odisha.

Lord's to host 2026 Women's T20 World Cup final

Lord's to host 2026 Women's T20 World Cup final

Rediff.com1 May 2025

Lord's to host Women's T20 World Cup final in 2026

Is this why govt sacked Subramanian as IMF exec director?

Is this why govt sacked Subramanian as IMF exec director?

Rediff.com6 May 2025

The Congress party in India has accused the government of "impropriety" in the sudden termination of KV Subramanian's position as India's executive director at the IMF, alleging it was linked to the Union Bank of India's purchase of two lakh copies of his book. The party also questioned the government's stance on Pakistan's request for a loan from the IMF.

'Bharti AXA's First Goal Is To Achieve 3x Revenue'

'Bharti AXA's First Goal Is To Achieve 3x Revenue'

Rediff.com11 Jun 2025

'Our new business premium is around Rs 700 crore, which we want to take to Rs 2,000 crore.'

Whistling via the Himalayas: Kashmir's train ride redefines scenic travel

Whistling via the Himalayas: Kashmir's train ride redefines scenic travel

Rediff.com6 Jun 2025

Prime Minister Narendra Modi on Friday flagged off two specially designed Vande Bharat trains between Katra town and Srinagar city, reducing travel time between the two places by two to three hours and ensuring all-weather surface connectivity with the Kashmir valley.

'Missing' Sonam visited Indore after Raja's murder

'Missing' Sonam visited Indore after Raja's murder

Rediff.com11 Jun 2025

Sonam Raghuvanshi, the prime accused in the Raja Raghuvanshi murder case who was initially reported missing in Meghalaya, apparently visited Indore after her husband was murdered and stayed in a rented flat for three days, a police official said on Tuesday.

Govt reshuffles IL&FS board; C S Rajan is non-executive chairman

Govt reshuffles IL&FS board; C S Rajan is non-executive chairman

Rediff.com27 Sep 2022

The government has reshuffled the board of IL&FS Ltd, which is undergoing debt resolution process, with existing board member C S Rajan being redesignated as the non-executive chairman. Nand Kishore, who was serving as an executive director, has been made the managing director, according to the company. In the wake of financial misdoings coming to light, the corporate affairs ministry had superseded the board of IL&FS in October 2018.

Shreyas reveals what went wrong in painful loss

Shreyas reveals what went wrong in painful loss

Rediff.com6 Apr 2025

Punjab Kings suffered their first defeat of the IPL season, losing to Rajasthan Royals.

Religare Enterprises begins governance review of firm, subsidiaries

Religare Enterprises begins governance review of firm, subsidiaries

Rediff.com18 Mar 2025

Religare Enterprises Ltd (REL) on Monday notified the exchanges that its Board has commissioned a governance review of REL and its subsidiaries - Religare Finvest and Religare Housing Development Finance. Additionally, the Board has decided to approach the new promoters, the Burman Group, for immediate funding support to sustain operations of the company.

M&M Q4 net profit rises 13.34% to Rs 3,541.85 cr

M&M Q4 net profit rises 13.34% to Rs 3,541.85 cr

Rediff.com5 May 2025

Mahindra & Mahindra Ltd on Monday reported a 13.34 per cent rise in consolidated profit after tax at Rs 3,541.85 crore in the fourth quarter ended March 31, 2025 led by good performance from auto and farm equipment sectors. The company had posted a consolidated net profit of Rs 3,124.94 crore in the same quarter of the previous fiscal, Mahindra & Mahindra (M&M) said in a regulatory filing.

Op Sindoor: PBKS-MI clash moved out from Dharamsala

Op Sindoor: PBKS-MI clash moved out from Dharamsala

Rediff.com7 May 2025

PBKS-DC game also uncertain, say BCCI Sources