News for 'Executive Board'

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.

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.

'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.

Who is the next BCCI secretary?

Who is the next BCCI secretary?

Rediff.com4 Dec 2024

With Jay Shah taking over as International Cricket Council's youngest chairman on December 1, the role of secretary in the mighty BCCI lies vacant and as officials wonder who the replacement might be, they have time to figure out the next course of action.

Punit Goenka resigns as managing director of Zee; appointed CEO

Punit Goenka resigns as managing director of Zee; appointed CEO

Rediff.com19 Nov 2024

Punit Goenka has resigned as the managing director of Zee Entertainment and has been appointed as CEO to have his focus entirely on operational responsibilities assigned to him by the board of the company. The board has "accepted the resignation of Punit Goenka as managing director of the company and appointed him as CEO," said Zee Entertainment in a regulatory update.

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-'.

If India can't play in Pakistan, then..: PCB warns ICC

If India can't play in Pakistan, then..: PCB warns ICC

Rediff.com28 Nov 2024

The Pakistan Cricket Board informed the International Cricket Council on Thursday that it will not accept the Hybrid model for next year's ICC Champions Trophy.

Who's Who In Tata Trusts

Who's Who In Tata Trusts

Rediff.com11 Oct 2024

The Tata Trusts, led by the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, hold a 66 per cent stake in Tata Sons, the Tata group's holding company.

Economist Surjit S Bhalla appointed as executive director for India at IMF

Economist Surjit S Bhalla appointed as executive director for India at IMF

Rediff.com1 Oct 2019

Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness.

'We Could Win A TT Medal At LA Olympics'

'We Could Win A TT Medal At LA Olympics'

Rediff.com30 Jan 2025

'Paris 2024 was the first time that both the men's and women's team qualified for the team championships.' 'The women's team made it to the quarter-finals, just one short of the medal round, and the men's team also did well.' 'The mixed doubles is another event where India is doing very well.' 'So these three events are events where there is a possibility of us winning medals at the Olympics.'

Jalgaon: Train crushes 12 as fire rumour scrambles passengers

Jalgaon: Train crushes 12 as fire rumour scrambles passengers

Rediff.com23 Jan 2025

At least 12 passengers were killed on Wednesday evening when they jumped from their train in panic due to a 'fire incident', only to be run over by another train on the adjacent tracks in North Maharashtra's Jalgaon district, officials said.

RIL seeks postal ballot for Ambani third-gen's board appointment

RIL seeks postal ballot for Ambani third-gen's board appointment

Rediff.com26 Sep 2023

Oil to telecom conglomerate Reliance Industries (RIL) has initiated the process to seek shareholders' approval for the appointment of the third generation of the Ambani family on the company's board. The remote voting through postal ballot will start from September 27 onwards. In a separate note, CreditSights said a trust and hold-co model could be a possibility for the anticipated succession at RIL.

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

Rediff.com11 Nov 2024

The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.

After 3 years, a bureaucrat to head Sebi

After 3 years, a bureaucrat to head Sebi

Rediff.com28 Feb 2025

Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.

Keep religious minorities out of UCC, Muslim law board urges law panel

Keep religious minorities out of UCC, Muslim law board urges law panel

Rediff.com5 Jul 2023

The AIMPLB is of the view that not only tribals but every religious minority should also be kept out of the purview of UCC, he said.

Pakistan cricket chief Zaka Ashraf to attend ICC meeting, watch WC final

Pakistan cricket chief Zaka Ashraf to attend ICC meeting, watch WC final

Rediff.com16 Nov 2023

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.

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

Air India-Vistara Merger: What You Must Know

Air India-Vistara Merger: What You Must Know

Rediff.com26 Oct 2024

From November 12, Vistara aircraft will be operated under Air India's banner, identifiable by a special four-digit flight code beginning with '2'. For example, flight UK 955 will become AI 2955, making it easier for customers to recognise when booking on airindia.com after this date.

The Harsh Reality For Wayanad Survivors

The Harsh Reality For Wayanad Survivors

Rediff.com27 Mar 2025

In Kerala's society, known for its high material standard of living, plunging into a state of having nothing overnight can be terrible for one's social standing and sense of self-esteem. Rehabilitation entails piecing a community back together after a disturbance and while its aim is noble, the act of reassembling will bring alive disparities and inequalities, explains Shyam G Menon.

'Truly no words to capture the depth of our sorrow'

'Truly no words to capture the depth of our sorrow'

Rediff.com31 Jan 2025

US skating mourns athletes lost in plane crash

TCS Q3 net profit rises 12% to Rs 12,380 cr

TCS Q3 net profit rises 12% to Rs 12,380 cr

Rediff.com9 Jan 2025

India's largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees. The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period, and Rs 11,909 crore in the preceding September quarter. The company's revenue grew 5.6 per cent to Rs 63,973 crore as against Rs 60,583 crore a year earlier.

2 more top executives, picked by Mistry, resign from boards of Tata cos

2 more top executives, picked by Mistry, resign from boards of Tata cos

Rediff.com1 Nov 2016

Days after the disbanding of Group Executive Council set up by Tata Sons ousted chairman Cyrus Mistry, N S Rajan and Nirmalya Kumar have resigned from their respective board positions at Indian Hotels Company and Tata Chemicals.

'Strongly told US...': India on treatment of deportees

'Strongly told US...': India on treatment of deportees

Rediff.com22 Mar 2025

India has expressed concern to the US authorities over the treatment of deportees on a flight that landed on February 5, particularly with respect to the use of shackles, especially on women. The Ministry of External Affairs (MEA) has also registered its concerns regarding the need to accommodate the religious sensitivities and food preferences of the deportees. The US side has confirmed that no women or children were restrained on the deportation flights that landed in India on 15th and 16th February, 2025.

Flying out of Delhi could soon get very expensive!

Flying out of Delhi could soon get very expensive!

Rediff.com27 Feb 2025

GMR Group-led DIAL, which manages and operates India's largest airport, recently requested the AERA to double the user development fee (UDF) for international business and first-class travellers compared to economy and premium economy over the next four years. It has also sought higher UDF for all domestic passengers flying during peak hours -- 5 am-8:55 am and 5 pm-8:55 pm.

When Hindus Greeted Muslims On Eid

When Hindus Greeted Muslims On Eid

Rediff.com7 Apr 2025

'I am determined now to celebrate all festivals together.' 'People don't respond much when you try to convince them by talking about principles of secularism etc. But if we revive our shared cultural practices, specially food, we may get a better response.'

'Trump Has Been Threatening India'

'Trump Has Been Threatening India'

Rediff.com25 Mar 2025

'Many of these issues will be resolved within 6 months because the US economy has started unravelling.'

PKL: Haryana become first team to book playoffs berth

PKL: Haryana become first team to book playoffs berth

Rediff.com12 Dec 2024

It was a complete team effort for Haryana Steelers, with Vinay and Shivam Patare combining for 15 points, while Jaideep and Rahul got four tackle points each and Mohammadreza Shadloui scored six points to wrap up a comprehensive display.

Court orders FIR against former SEBI chief Madhabi Buch

Court orders FIR against former SEBI chief Madhabi Buch

Rediff.com2 Mar 2025

A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.

ICC Board recommends split presidency role

ICC Board recommends split presidency role

Rediff.com1 Feb 2012

The ICC Board has recommended to split the role of president with a chairman from 2014, a decision which could affect the nomination of Bangladesh's Mustafa Kamal as ICC vice-president from 2012-14.

Practice of permanent board seats at listed companies likely to end

Practice of permanent board seats at listed companies likely to end

Rediff.com22 Feb 2023

The Securities and Exchange Board of India (Sebi) has proposed to put a stop to the practice of certain directors occupying permanent board seats at listed companies. The regulator has suggested that the directorship of any individual serving on the board should be subject to periodic approval from shareholders, at least once in five years. In a discussion paper issued on Tuesday, Sebi said a few promoters enjoyed permanency on the board, giving them an undue advantage, prejudicial to the interests of public shareholders.

Auditor Deloitte, 3 board members sever ties with Byju's

Auditor Deloitte, 3 board members sever ties with Byju's

Rediff.com22 Jun 2023

Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn. Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed. In a letter sent to the board of Think & Learn Pvt Ltd (known as Byju's), Deloitte said it has not been able to start an audit due to the delays and that will have a "significant impact" on its ability to "plan, design perform and complete" the audit as per standards.

Equity boom spurs shareholder activism

Equity boom spurs shareholder activism

Rediff.com9 Dec 2024

Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.

What Is A Front-Running Scam?

What Is A Front-Running Scam?

Rediff.com4 Jan 2025

Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit.

Insider trading norms for MFs to be applicable from Nov 1

Insider trading norms for MFs to be applicable from Nov 1

Rediff.com22 Oct 2024

All transactions in the units of an asset management company's mutual funds exceeding Rs 15 lakh executed by designated persons, trustees, or their immediate relatives must be reported to the compliance officer within two business days from such transactions, Sebi said on Tuesday. The threshold of Rs 15 lakh could be either in a single transaction or multiple transactions within a quarter, per PAN, across all schemes except exempted ones. The new rules will be applicable from November 1, the Securities and Exchange Board of India (Sebi) said in a circular.

Draft sports bill could pose problems for IOA

Draft sports bill could pose problems for IOA

Rediff.com21 Jan 2025

Ministry mulls graded funding for sports federations

Vande Bharat All Set For The Mountains

Vande Bharat All Set For The Mountains

Rediff.com9 Jan 2025

The new Vande Bharat Express train is specially designed to operate seamlessly in Jammu & Kashmir's challenging winter conditions for the upcoming Katra-Srinagar rail route.

'We Have Been Validated Yet Again'

'We Have Been Validated Yet Again'

Rediff.com4 Mar 2025

'The country that does most of the visual effects, more than any other country, is India.' 'There are more Indians working on VFX in any major Hollywood film than there are in Indian films.'

Eng players urged to boycott Champions Trophy match

Eng players urged to boycott Champions Trophy match

Rediff.com7 Jan 2025

England previously faced Afghanistan at the 50-overs Cricket World Cup in 2023, as well as at the Twenty20 World Cup in 2022.

'Plan Rapido's 500-city presence in next two quarters'

'Plan Rapido's 500-city presence in next two quarters'

Rediff.com11 Feb 2025

'We handle close to 3 million rides daily, making us one of the largest players in this segment'

HEX20 Elevates India With Nila Launch

HEX20 Elevates India With Nila Launch

Rediff.com7 Apr 2025

'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'