News for 'Executive Board'

'There Was Something Beautiful About The Two People'

'There Was Something Beautiful About The Two People'

Rediff.com21 May 2025

'In a world which is full of categories, hatred and ideologies, there was this basic decency.'

Mood on the ground in Kashmir is against perpetrators

Mood on the ground in Kashmir is against perpetrators

Rediff.com26 Apr 2025

The dastardly dimensions of the attack are gradually sinking in even as the Government of India announced its immediate diplomatic and other retaliatory measures. It is generally expected to be followed up with punitive military action across the LoC, sooner than later, observes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

MI's Hundred move: 49% stake in Oval Invincibles

MI's Hundred move: 49% stake in Oval Invincibles

Rediff.com30 Jan 2025

Mumbai Indians won a fiercely contested e-auction, fending off competition from a Silicon Valley tech consortium, comprising the chief executives of Google, Microsoft, and Adobe as well Gujarat Titans owners CVC.

How rich did India's cricketers get after Champions Trophy win?

How rich did India's cricketers get after Champions Trophy win?

Rediff.com20 Mar 2025

The Board of Control for Cricket in India (BCCI) has announced a cash reward of Rs 58 crore for the Indian cricket team that won the ICC Champions Trophy earlier this month in Dubai.

Flexible office space growth set to trigger IPO wave

Flexible office space growth set to trigger IPO wave

Rediff.com9 Apr 2025

India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.

TCS gets a woman executive on board

TCS gets a woman executive on board

Rediff.com13 Mar 2015

With this, the total strength of TCS's board has increased to 11.

Afghan women cricketers find hope after Taliban ban

Afghan women cricketers find hope after Taliban ban

Rediff.com31 Jan 2025

Afghanistan's exiled women cricketers will be the first beneficiaries of a new refugee fund started by the Marylebone Cricket Club, the MCC said on Friday.

Religare board rallies behind chairperson Saluja, defends her share sale

Religare board rallies behind chairperson Saluja, defends her share sale

Rediff.com21 Nov 2023

The board of Religare Enterprises Ltd (REL) has rallied behind its embattled chairperson Rashmi Saluja, saying she had turned around the financial services company whose market cap has increased to about a billion dollars from under $100 million in March 2018. The board -- which is fending off an Rs 2,200 crore open offer by the Burman family -- said accusations had not only targeted Saluja but the entire Religare management that has made Religare debt free. "Our story has been one of resurgence under the guidance of the Board of Directors led by Saluja, executive chairman.

Tech firms line up for Rs 23K crore PLI jackpot

Tech firms line up for Rs 23K crore PLI jackpot

Rediff.com7 Apr 2025

Leading home-grown companies - Dixon Technologies (India), Amber Enterprises India, Tata Electronics, Chennai-based Munoth Industries, and Murugappa Group - along with global majors such as Japan's TDK Corporation, Taiwan's Hon Hai Technology Group (Foxconn), Austria's AT&S Austria Technologie & Systemtechnik AG (AT&S AG), and Japan's Murata Manufacturing Co, among others, have expressed initial interest in participating in the Rs 22,919 crore production-linked incentive (PLI) scheme cleared by the Union Cabinet, according to those privy to stakeholder discussions with the government.

Gautam Adani drew Rs 9.26 cr salary in FY24 - lower than his executives, industry peers

Gautam Adani drew Rs 9.26 cr salary in FY24 - lower than his executives, industry peers

Rediff.com23 Jun 2024

India's second richest person Gautam Adani received a total remuneration of Rs 9.26 crore in the fiscal year ended March 31, 2024, lower than most industry peers as well as his own key executives.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Rediff.com22 Feb 2024

Edtech firm Think and Learn Private Ltd, owner of Byju's, on Thursday said neither the company's founder and CEO Byju Raveendran nor any other board member will attend the extraordinary general meeting called by some select investors. Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged "mismanagement and failures". Byju's has called the EGM "procedurally invalid" and contractually in contravention of the company's article of association and shareholder's agreement.

Govt headhunter fails to find right candidate for BPCL top job

Govt headhunter fails to find right candidate for BPCL top job

Rediff.com2 Mar 2025

After HPCL, the government headhunter struggled to find a suitable candidate for the top job at Bharat Petroleum, as most applicants were narrow specialists lacking multidisciplinary experience needed to run a large organisation. The Public Enterprise Selection Board (PESB) last month interviewed a dozen candidates including BPCL director (finance) Vetsa Ramakrishna Gupta and its director (refineries) S Khanna but found none suitable for the job of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), according to a PESB order.

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Rediff.com2 Apr 2025

Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.

FIFA suspends Pakistan Football Federation

FIFA suspends Pakistan Football Federation

Rediff.com7 Feb 2025

Pakistan football has been run by a FIFA appointed Normalisation Committee since June 2019 which was tasked with holding elections and cleaning up parallel groupings in the football set-up but it has failed to execute these plans properly.

Wagh Bakri group executive director Parag Desai passes away

Wagh Bakri group executive director Parag Desai passes away

Rediff.com23 Oct 2023

Wagh Bakri Tea Group executive director Parag Desai died at a hospital in Ahmedabad while being treated for severe brain injuries suffered after a fall, a senior company official said on Monday. Desai, 50, suffered severe brain haemorrhage after falling on a hard surface while going for a walk outside his residence on the evening of October 15, the official said. "Desai fell and suffered a brain haemorrhage, and fainted.

Confusion over two Prayagraj trains triggered Delhi station stampede

Confusion over two Prayagraj trains triggered Delhi station stampede

Rediff.com16 Feb 2025

A deadly stampede at New Delhi Railway Station occurred on Saturday evening as passengers confused two trains with similar names, "Prayagraj Express" and "Prayagraj Special," and rushed to change platforms after an announcement. The confusion led to a surge of people on the stairs, resulting in the tragic deaths of 18 people. The Railway Ministry stated that the arrival of the "Prayagraj Special" at platform 12 caused panic among those waiting for the "Prayagraj Express" at platform 14, leading to the stampede. An unprecedented rush of passengers due to the Maha Kumbh and the delay of multiple trains heading to Prayagraj contributed to the chaos. The incident highlighted the dangers of inadequate crowd management during peak travel periods.

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Rediff.com17 Jan 2025

IT services company Wipro on Friday reported a 24.4 per cent year-on-year rise in its consolidated net profit for the just-ended December quarter at about Rs 3,354 crore. The Bengaluru-based tech major saw its revenue from operations inch up by 0.5 per cent to about Rs 22,319 crore.

SC To Hear Plea Against CEC's Appointment Today

SC To Hear Plea Against CEC's Appointment Today

Rediff.com19 Feb 2025

The Supreme Court will hear on February 19 pleas challenging the appointments of the Chief Election Commissioner and Election Commissioners under the 2023 law. The court will take up the matter on a priority basis, after some urgent listed matters. The government has appointed a new CEC and ECs under the new law, which excludes the Chief Justice of India from the selection panel, despite a 2023 Supreme Court verdict directing the inclusion of the CJI in the panel. The petitioners argue that the exclusion of the CJI undermines the independence of the election commission.

Day after Trump's order, NCAA bans transgender women from sports

Day after Trump's order, NCAA bans transgender women from sports

Rediff.com7 Feb 2025

The NCAA previously allowed transgender women to compete as long as they met testosterone limits on a sport-by-sport basis.

Rlys asks X to remove disturbing photos, videos of Delhi stampede

Rlys asks X to remove disturbing photos, videos of Delhi stampede

Rediff.com21 Feb 2025

The Indian Railway Ministry has requested Twitter (X) to remove disturbing images and videos related to the February 15 stampede at New Delhi Railway Station, citing concerns about the dignity of the deceased and the trauma experienced by survivors and their families. The request followed complaints from relatives of those affected by the stampede, which claimed 18 lives and injured several others.

Roshni Nadar Malhotra, 3rd Richest Indian

Roshni Nadar Malhotra, 3rd Richest Indian

Rediff.com10 Mar 2025

Only Mukesh Ambani and Gautam Adani are ahead of her.

Maruti Suzuki Q3 net up 16% at Rs 3,727 cr

Maruti Suzuki Q3 net up 16% at Rs 3,727 cr

Rediff.com29 Jan 2025

Maruti Suzuki India on Wednesday said its consolidated net profit increased by 16 per cent to Rs 3,727 crore for the third quarter ended December 31, 2024. The auto major had reported a net profit of Rs 3,207 crore in the October-December period of last fiscal.

Iyer backs India to take momentum into Champions Trophy

Iyer backs India to take momentum into Champions Trophy

Rediff.com12 Feb 2025

England skipper Jos Buttler said his side was "outplayed" by India throughout the three-match series.

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

Rediff.com27 Feb 2025

'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'

Remembering Cricket Legend Abid Ali

Remembering Cricket Legend Abid Ali

Rediff.com13 Mar 2025

'I could not believe that such a great player could be so friendly. He was like a father figure to all of us.'

Two boxers pass gender test, cleared for Olympics

Two boxers pass gender test, cleared for Olympics

Rediff.com30 Jul 2024

The two boxers had failed gender tests at World Championships in New Delhi last year

GCCs reach new heights in India with neo and mid-sized banks

GCCs reach new heights in India with neo and mid-sized banks

Rediff.com24 Mar 2025

Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.

Three firms seek CCI nod to acquire stakes in Akasa Air

Three firms seek CCI nod to acquire stakes in Akasa Air

Rediff.com20 Feb 2025

Tech tycoon Azim Premji's global investment arm, Manipal Group Chief Ranjan Pai's family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air's parent company SNV Aviation. "The proposed transaction involves the acquisition of certain shareholding by each of PIOF, Claypond and 360 Fund (through its various schemes and affiliates) in Akasa Air," said a notice filed with the Competition Commission of India (CCI) on Wednesday.

Pak train hijack: 13 Baloch rebels killed, 80 passengers rescued

Pak train hijack: 13 Baloch rebels killed, 80 passengers rescued

Rediff.com12 Mar 2025

Insurgents opened fire on a passenger train in Pakistan's Balochistan province, injuring the driver and prompting security guards aboard the train to fire back. The attack occurred in the Bolan district on the Jaffar Express from Quetta to Peshawar. The train was stopped by armed men in Tunnel No 8, and efforts are being made to contact the passengers and staff. The Balochistan government has ordered emergency measures and all institutions remain active.

'No other cricket league poses a threat to the IPL'

'No other cricket league poses a threat to the IPL'

Rediff.com22 Mar 2025

Brand IPL has become stronger than ever and doesn't see any threat from the growing number of T20 leagues globally, its chairman Arun Dhumal said on Saturday as he steered clear of the speculation swirling around a tournament backed by Saudi Arabia.

'As Tunnels Increase We See More Incidents'

'As Tunnels Increase We See More Incidents'

Rediff.com7 Mar 2025

'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'

Keki Mistry and Renu Karnad to join HDFC Bank board

Keki Mistry and Renu Karnad to join HDFC Bank board

Rediff.com3 Jul 2023

The board of HDFC Bank has approved the appointment of Keki Mistry and Renu Karnad as the additional non-executive directors of the bank, and V Srinivasa Ranjan as its executive director. Mistry was the chief executive officer and vice chairman of HDFC, which merged with the bank today (1 July 2023). Karnad has been the managing director of HDFC since 2010. Ranjan was the executive director and chief financial officer of HDFC.

Sunrisers Hyderabad acquire Northern Superchargers in Hundred

Sunrisers Hyderabad acquire Northern Superchargers in Hundred

Rediff.com6 Feb 2025

This is SRH's second overseas investment after owning the Sunrisers Eastern Cape in the SA20.

Randhir Singh first Indian to be elected as OCA president

Randhir Singh first Indian to be elected as OCA president

Rediff.com8 Sep 2024

A five-time Olympic shooter, Randhir Singh was the lone eligible candidate for the OCA president's post.

FIH names Sreejesh as co-chair of Athletes Committee

FIH names Sreejesh as co-chair of Athletes Committee

Rediff.com28 Mar 2024

The FIH Athletes Committee serves as a consultative body and makes recommendations to the FIH Executive Board, FIH Committees, Advisory Panels and other bodies.

Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Rediff.com10 Mar 2025

Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US indictment. Fitch affirmed AESL long-term foreign and local-currency issuer default ratings (IDRs) at 'BBB-'.

Finance Secretary TK Pandey is new Sebi chairman

Finance Secretary TK Pandey is new Sebi chairman

Rediff.com28 Feb 2025

The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.

Nepalese boy, women among 13 killed in Jalgaon train mishap

Nepalese boy, women among 13 killed in Jalgaon train mishap

Rediff.com23 Jan 2025

At least four out of the 13 persons killed in the Jalgaon train accident have been identified as hailing from Nepal, authorities said on Thursday.

Former skipper Belinda Clark among favourites to head CA

Former skipper Belinda Clark among favourites to head CA

Rediff.com20 Oct 2024

CA boss Nick Hockley to step down