News for 'Executive Board'

What Jay Shah told IOC boss Bach...

What Jay Shah told IOC boss Bach...

Rediff.com21 Jan 2025

The duo met at the IOC's headquarters in Lausanne, Switzerland and discussed about cricket's future in the Olympic programme.

For a slightly higher government capex outlay

For a slightly higher government capex outlay

Rediff.com11 Feb 2025

While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.

Akasa Air faces DGCA heat for lapses

Akasa Air faces DGCA heat for lapses

Rediff.com15 Jan 2025

Aviation watchdog DGCA has issued a warning letter to Akasa Air's accountable manager Vinay Dube, who is also its founder and CEO, for regulatory lapses, days after the airline was warned for violating norms related to handling dangerous goods.

If Bumrah is not fit then 200 also might not be enough: Gavaskar

If Bumrah is not fit then 200 also might not be enough: Gavaskar

Rediff.com4 Jan 2025

Sunil Gavaskar believes India will struggle to defend even 200 if Jasprit Bumrah is unable to bowl at full throttle on Day 3 of the fifth and final Test against Australia

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.

Are Trump and Musk Dismantling American Democracy?

Are Trump and Musk Dismantling American Democracy?

Rediff.com22 Feb 2025

We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.

Equity NFO pipeline remains strong despite mkt weakness

Equity NFO pipeline remains strong despite mkt weakness

Rediff.com6 Nov 2024

The equity market's recent downturn appears unlikely to slow the brisk pace of mutual fund (MF) scheme launches, at least in the coming weeks. Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November. The number of filing with markets regulator, Securities and Exchange Board of India (Sebi), suggests this momentum will continue with asset management companies (AMCs) seeking approval for 21 more equity schemes in October.

MTR owner eyes IPO in 2025

MTR owner eyes IPO in 2025

Rediff.com23 Sep 2024

The Indian arm of the Norwegian investment company Orkla ASA, which owns spice brands like MTR and Eastern, is exploring the possibility of launching an initial public offering (IPO) in 2025, said a top company executive. "The ASA board just cleared the proposal. "We had done a pre-IPO study last year to understand what we need to do and based on that the board said, 'okay, let's go ahead and explore capital markets'," Sanjay Sharma, CEO, Orkla India, told Business Standard.

Champions Trophy: SA urged to boycott Afghanistan match

Champions Trophy: SA urged to boycott Afghanistan match

Rediff.com9 Jan 2025

South Africa Sports Minister Gayton McKenzie said he supported calls for a boycott of Afghanistan in the Champions Trophy in Pakistan next month.

Isro executes controlled re-entry of decommissioned satellite

Isro executes controlled re-entry of decommissioned satellite

Rediff.com8 Mar 2023

The Indian Space Research Organisation said it successfully carried out an "extremely challenging" controlled re-entry experiment of the decommissioned orbiting Megha-Tropiques-1 (MT-1) satellite.

Ketan Parekh among 3 banned from securities markets

Ketan Parekh among 3 banned from securities markets

Rediff.com3 Jan 2025

The Securities and Exchange Board of India (Sebi) on Thursday debarred Ketan Parekh, the stock market operator involved in the stock market scam of 2000, Singapore-based trader Rohit Salgaocar, and one other individual from the securities market for alleged front-running of trades of a United States (US)-based foreign portfolio investor (FPI). The FPI manages around $2.5 trillion worth of funds globally.

10 Stocks That Soared While Market Sank

10 Stocks That Soared While Market Sank

Rediff.com24 Mar 2025

The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.

Could Adani Settle With US Accusers?

Could Adani Settle With US Accusers?

Rediff.com23 Nov 2024

Though a settlement will provide respite from a long legal battle, legal experts say it may create a perception of guilt.

Sebi bars Pacheli, 6 others in Rs 850 crore preferential allotment case

Sebi bars Pacheli, 6 others in Rs 850 crore preferential allotment case

Rediff.com17 Jan 2025

The Securities and Exchange Board of India (Sebi) on Thursday debarred Pacheli Industrial Finance and six others entities from the markets in its bid to crack down on a "pump and dump" case, substantiated by a probe into Rs 850 crore preferential allotment and examination of alerts around price movement of the firm's stock.

Noel Tata to succeed Ratan Tata; named chairman of Tata Trusts

Noel Tata to succeed Ratan Tata; named chairman of Tata Trusts

Rediff.com11 Oct 2024

Noel Tata -- the half-brother of late Rata Tata -- who takes over as chairman of Tata Trusts, has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate. Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts -- broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts -- that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies.

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new chief

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new chief

Rediff.com6 Apr 2024

Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Rediff.com12 Mar 2025

Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.

'He Was Not An 'I' Man At All'

'He Was Not An 'I' Man At All'

Rediff.com23 Oct 2024

'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com27 Mar 2025

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

'Tariffs will hurt insurance, patients and everyone'

'Tariffs will hurt insurance, patients and everyone'

Rediff.com10 Feb 2025

After registering a net profit of Rs 25.1 crore in Q3FY25 and consolidated revenues growing by 7 per cent on a like-for-like basis, Siddharth Mittal, chief executive officer (CEO) and managing director, Biocon, told Sohini Das/Business Standard in a virtual interaction that local manufacturing in the US is a trade off between cost and qualifying to do business there.

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Rediff.com30 Aug 2023

Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.

PCB chairman Naqvi wants BCCI's 'assurance' for next year's Champions Trophy in Pakistan

PCB chairman Naqvi wants BCCI's 'assurance' for next year's Champions Trophy in Pakistan

Rediff.com10 Mar 2024

Newly appointed PCB chairman Mohsin Naqvi would be eyeing an assurance from BCCI secretary Jay Shah on India's participation in next year's Champions Trophy in Pakistan during next week's ICC Meeting in Dubai but is unlikely to make headway as of now.

Sanctity of Tirupati laddu now restored: TTD

Sanctity of Tirupati laddu now restored: TTD

Rediff.com21 Sep 2024

Amid concerns among devotees on the quality of ghee used in the famous Tirupati 'laddu prasadam', the Tirumala Tirupati Devasthanams (TTD) has said sanctity of the sacred sweetmeat has been restored.

Adi Godrej to step down from GCPL board in Sep; to remain as Chairman Emeritus

Adi Godrej to step down from GCPL board in Sep; to remain as Chairman Emeritus

Rediff.com4 Aug 2021

After stepping down from the board with effect from September 30, he will remain as Chairman Emeritus of the FMCG firm, according to a statement issued on Wednesday. The 79-year-old industrialist passed on the baton of GCPL to his younger daughter Nisaba Godrej in 2017 after leading the company for 17 years.

Life jackets made mandatory after Mumbai ferry mishap

Life jackets made mandatory after Mumbai ferry mishap

Rediff.com19 Dec 2024

Following a fatal collision between a ferry and a Navy craft off the Mumbai coast, authorities have made life jackets mandatory for all passengers taking boat rides from the Gateway of India. The decision comes after survivors of the Wednesday tragedy claimed the ferry did not have enough life jackets. Some tourists, however, raised concerns about the effectiveness of life jackets if people don't know how to use them properly.

Derivatives volumes crash 37% in Dec as Sebi tightens trading norms

Derivatives volumes crash 37% in Dec as Sebi tightens trading norms

Rediff.com27 Dec 2024

The derivatives trading volume has seen a 37 per cent month-on-month decline in December following a slew of measures undertaken by the market regulator Securities Exchange Board of India (Sebi) to curb the frenzy in the derivatives segment. The average daily turnover (ADTV) for the derivatives segment (notional turnover for options segment) so far this month is at Rs 280 trillion - the lowest since June 2023-compared to Rs 442 trillion in November.

'Algo Trading Is Not Risk-Free'

'Algo Trading Is Not Risk-Free'

Rediff.com23 Dec 2024

Many enter this arena without a detailed understanding of how their algo works.' 'Diligently review information on the strategy, risk profile, potential losses, and expected gains before investing.'

Wipro Q2 net profit climbs 21.2%; announces 1:1 bonus share

Wipro Q2 net profit climbs 21.2%; announces 1:1 bonus share

Rediff.com17 Oct 2024

IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the second quarter of FY25. It had reported a profit of Rs 2,646.3 crore in the year-ago period. The revenue from operations for the reporting quarter was Rs 22,301.6 crore, a 0.95 per cent decline from Rs 22,515.9 crore in Q2 FY24.

Role model constitution for member boards soon: ICC

Role model constitution for member boards soon: ICC

Rediff.com1 Jan 2012

In a bid to speed up the process of revising the constitutions of its member boards to prevent any government interference, the ICC will soon issue role model constitutions.

Champions Trophy: Will ICC force India to play in Pakistan?

Champions Trophy: Will ICC force India to play in Pakistan?

Rediff.com15 Mar 2024

A 'hybrid model' to host next year's Champions Trophy in Pakistan remains an option as India's participation cannot be decided by the ICC if there is a government policy against it, a source in the governing body's all-powerful executive board told PTI on Friday.

The American Awarded A Padma Shri

The American Awarded A Padma Shri

Rediff.com22 Feb 2025

Sally Holkar left America and made India her home nearly 60 years ago. She went on a mission to revive a dying craft and changed the lives of rural weavers.

Swiggy: From a forgotten idea to Rs 1 trn mcap on listing

Swiggy: From a forgotten idea to Rs 1 trn mcap on listing

Rediff.com14 Nov 2024

Framing the next chapter in Swiggy's journey as a responsible corporate citizen, co-founder and chief executive officer (CEO) Sriharsha Majety unveiled the company's eagerly awaited public listing. Majety, who has largely shunned the spotlight, shared reflections on his entrepreneurial path and the strategic pivots he and his co-founders navigated in building Swiggy. "We started with code aggregation, then pivoted to logistics, and that became Swiggy.

Laapataa Ladies Out Of Oscars Race

Laapataa Ladies Out Of Oscars Race

Rediff.com20 Dec 2024

Shahana Goswami's Santosh has been shortlisted for the best foreign film Oscars.

Shubhanshu Shukla Is All Set For Space

Shubhanshu Shukla Is All Set For Space

Rediff.com11 Feb 2025

Group Captain Shubhanshu Shukla Shukla says Wing Commander Rakesh Sharma -- the first Indian to travel to space --has been advising him about the space flight.

CAS rejects Russia's plea, Olympic ban remains firm

CAS rejects Russia's plea, Olympic ban remains firm

Rediff.com23 Feb 2024

Russia loses appeal against IOC ban

Credit Card Payments Will Be Blocked On Apps

Credit Card Payments Will Be Blocked On Apps

Rediff.com1 Jul 2024

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.

Your salary, last year, was more than Mukesh Ambani's!

Your salary, last year, was more than Mukesh Ambani's!

Rediff.com7 Aug 2024

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.

New era for yoga: Historic Asian Games debut looms

New era for yoga: Historic Asian Games debut looms

Rediff.com5 Sep 2024

If approved, yoga could debut as a demonstration sport in the 2026 Games in Nagoya, Japan, marking a significant milestone in its journey from a spiritual practice to a recognised competitive discipline.

Prannoy Roy, Radhika continue on NDTV board, resign from promoter firm

Prannoy Roy, Radhika continue on NDTV board, resign from promoter firm

Rediff.com30 Nov 2022

NDTV founders Prannoy Roy and his wife Radhika Roy have resigned as the directors of promoter group vehicle RRPR Holding Private Limited as the Adani Group neared takeover of the television channel.

Women's T20 World Cup: Free entry for U.18s, ticket prices start from 5 Dirhams

Women's T20 World Cup: Free entry for U.18s, ticket prices start from 5 Dirhams

Rediff.com11 Sep 2024

The 20 league matches will be split between Dubai and Sharjah with the semi-finals slated for Dubai and Sharjah on October 17 and 18 respectively. The final will be played in Dubai.