News for 'Executive Board'

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.

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.

Champions Trophy: Will India accept Pakistan's proposal?

Champions Trophy: Will India accept Pakistan's proposal?

Rediff.com10 Jun 2024

The Pakistan Cricket Board has suggested Lahore as India's home base during next year's ICC Champions Trophy.

Strauss-Kahn arrest: IMF board holds meeting

Strauss-Kahn arrest: IMF board holds meeting

Rediff.com17 May 2011

The executive board of the International Monetary Fund held an informal meeting at its headquarters in Washington on Sunday to discuss the fallout of the arrest of its managing director, Dominique Strauss-Kahn, on rape charges in New York.

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.

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.

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.

Isha, Akash, Anant Ambani appointed to Reliance board

Isha, Akash, Anant Ambani appointed to Reliance board

Rediff.com28 Aug 2023

Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.

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.

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.

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.

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.

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.

IOC board mulls moving upcoming session online

IOC board mulls moving upcoming session online

Rediff.com7 May 2020

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.

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.

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.

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.

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

'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.'

'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.'

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.

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.

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.'

RBI meet: Focus turns to public sector bank boards' strategic role

RBI meet: Focus turns to public sector bank boards' strategic role

Rediff.com23 May 2023

A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.

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.

Bindra elected to key IOC's Athletes' Commission post

Bindra elected to key IOC's Athletes' Commission post

Rediff.com10 Aug 2024

India's Olympic gold-medallist shooter Abhinav Bindra added another glittering feather to his illustrious career when he was elected as the second Vice Chair of the International Olympic Committee's (IOC) Athletes' Commission

ICC board proposes Richardson for post of Chief Executive

ICC board proposes Richardson for post of Chief Executive

Rediff.com10 May 2012

The International Cricket Council board on Thursday recommended former South Africa wicketkeeper David Richardson's name as Haroon Lorgat's successor for the post of Chief Executive Officer.

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.

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.

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.

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.

Jay Shah to head ICC for three years

Jay Shah to head ICC for three years

Rediff.com21 Oct 2024

During the ICC board meeting, the global body also approved a series of women's Associate Member T20 competitions to boost the competitiveness of smaller cricket-playing nations as it prepares for the expansion of women's events in the 2028-2031 cycle.

Indian American CEO appointed to New York's racial justice board

Indian American CEO appointed to New York's racial justice board

Rediff.com24 Apr 2023

Udai Tambar, an Indian-origin CEO involved in youth development services in the US, is among 15 experts appointed as members of the newly-formed racial justice advisory board in New York City.

'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.'

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.

Russian energy giant Rosneft appoints first Indian on its board

Russian energy giant Rosneft appoints first Indian on its board

Rediff.com7 Jul 2023

Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India. G K Satish, who retired as director for business development at IOC in 2021, is one of the three new faces appointed to the 11-strong board of directors of Rosneft, according to a statement issued by the Russian firm. Satish, 62, is the first Indian to be appointed to the board of Rosneft.

Fiat to name top executives for new Chrysler board

Fiat to name top executives for new Chrysler board

Rediff.com28 May 2009

The Financial Times report citing Altavilla's court testimony stated that, "Fiat will name chief executive Sergio Marchionne, Alfredo Altavilla, its head of business development, and Lucio Noto, former vice-chairman of ExxonMobil, to the board of new Chrysler." Altavilla also said Marchionne should be named chief executive and "spend a substantial amount of time in Detroit."

MFs seek relaxation in rules framed to prevent mkt abuse

MFs seek relaxation in rules framed to prevent mkt abuse

Rediff.com29 Nov 2024

The mutual fund (MF) industry is set to approach the Securities and Exchange Board of India (Sebi) for relaxation in the recently implemented rules designed to prevent market abuse. According to MF executives, the new rules that came into effect in November for large schemes have created operational challenges for fund managers, particularly when executing large transactions or participating in block deals.

Track curvature foiled driver's attempt to prevent Jalgaon mishap

Track curvature foiled driver's attempt to prevent Jalgaon mishap

Rediff.com23 Jan 2025

A track curvature is being investigated as a possible factor in the fatal train accident in Jalgaon, Maharashtra, where 12 passengers were killed after jumping off a train due to a fire rumour. The Karnataka Express train, which ran over the passengers, had its visibility and braking distance affected by the curvature, according to railway officials. The incident occurred when passengers on the Lucknow-CSMT Pushpak Express jumped onto the tracks after fearing a fire, only to be hit by the oncoming Karnataka Express.

TTD bans political, hate speeches near Tirupati temple

TTD bans political, hate speeches near Tirupati temple

Rediff.com1 Dec 2024

The Tirumala Tirupati Devasthanams (TTD), custodian of Lord Venkateswara Swamy temple, has banned political and hate speeches at Tirumala. The decision comes in response to recent incidents where individuals, including political leaders, made political or inflammatory statements before the media near the temple premises after Darshan, disrupting the spiritual peace. The TTD warned of legal action against violators.