News for 'Executive Board'

Is soccer safe for women? Study reveals disturbing truth

Is soccer safe for women? Study reveals disturbing truth

Rediff.com11 Sep 2024

Close to half of women soccer fans in England and Wales have personally experienced sexist or misogynistic abuse at matches but most have never reported it to authorities, a new study by anti-discrimination charity Kick It Out revealed on Wednesday.

BharatPe, PhonePe amicably settle trademark disputes over 'Pe' suffix

BharatPe, PhonePe amicably settle trademark disputes over 'Pe' suffix

Rediff.com27 May 2024

Financial technology (fintech) firms PhonePe and BharatPe announced on Sunday that they have settled long-standing legal disputes regarding the use of the trademark with the suffix 'Pe' in their brand names. The settlement concludes five-year-long legal disputes across multiple courts. Both companies have decided to withdraw all opposition against each other in the Trade Marks Registry.

Wipro CEO Srinivas Pallia's annual remuneration may be around Rs 50 crore

Wipro CEO Srinivas Pallia's annual remuneration may be around Rs 50 crore

Rediff.com30 Apr 2024

Wipro's new CEO Srinivas Pallia will receive an annual remuneration of up to $6 million (about Rs 50 crore), according to a regulatory filing by the Bengaluru-headquartered IT company. Earlier in April, Wipro announced the appointment of Pallia as its new CEO and MD, following the sudden resignation of Thierry Delaporte. Delaporte's annual salary of over Rs 80 crore at Wipro had made headlines last year.

Who will replace Kohli, Rohit in India's T20 team?

Who will replace Kohli, Rohit in India's T20 team?

Rediff.com15 Jul 2024

Following the retirement of Rohit Sharma and Virat Kohli from T20Is, the selectors will have a problem of plenty when it comes to picking the openers for the Sri Lanka series.

India's First Dengue Vaccine Likely To Be Ready By 2026

India's First Dengue Vaccine Likely To Be Ready By 2026

Rediff.com30 Jul 2024

Dengue has become a major public health concern in India with 289,235 cases reported last year. This year there were 19,447 cases of dengue which resulted in 19 deaths till April 2024.

'BJP Is Losing Ground Rapidly In J&K'

'BJP Is Losing Ground Rapidly In J&K'

Rediff.com13 Sep 2024

'Everyone is unhappy with the lieutenant governor's administration, which is ignorant, high-handed, and inaccessible.'

UpGrad's founder blames Raveendran, investors for current state of Byju's

UpGrad's founder blames Raveendran, investors for current state of Byju's

Rediff.com16 Feb 2024

Byju Raveendran, chief executive officer (CEO) and co-founder of Byju's, along with its nearly 51 investors, are responsible for the beleaguered edtech firm's current predicaments, said Ronnie Screwvala, executive chairman and co-founder of edtech platform UpGrad. Speaking at the second edition of the ASU+GSV & Emeritus Summit in Gurugram, he emphasised that "one rotten apple" should not affect the entire edtech sector.

Paytm can continue UPI transactions through 4 banks

Paytm can continue UPI transactions through 4 banks

Rediff.com14 Mar 2024

The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.

Vedanta demerger gets nod from majority of creditors, including SBI: Official

Vedanta demerger gets nod from majority of creditors, including SBI: Official

Rediff.com6 Jun 2024

Mining conglomerate Vedanta Limited has received approvals from the majority of its creditors for a proposed demerger of businesses, marking an important step in the company's plan to split into six independent listed companies. "I am happy to let all of you know that we have received the 52 per cent plus the additional percentage, which is required for us to reach 75 per cent. "We have crossed that threshold as well. Most of the lenders have approved it," a senior Vedanta executive said in a recent bondholder conference call.

Chirag rejects uncle's election, calls national executive meet

Chirag rejects uncle's election, calls national executive meet

Rediff.com17 Jun 2021

Lok Janshakti Party leader Chirag Paswan on Thursday rejected his uncle Pashupati Kumar Paras's election as the party president, saying the meeting organised in Patna was 'unconstitutional' and lacked even minimum attendance of its national executive members.

Airlines have to compensate if fliers are denied boarding, says DGCA

Airlines have to compensate if fliers are denied boarding, says DGCA

Rediff.com7 May 2022

The regulator has warned airlines and in an email on May 2 asked all Indian carriers to give compensation and facilities to passengers affected by such denial of boarding, failing which it would will impose financial penalties on them.

Pune Porsche crash: Drunken teen driver's father, 4 hotel staffers held

Pune Porsche crash: Drunken teen driver's father, 4 hotel staffers held

Rediff.com22 May 2024

Police have detained the father of a 17-year-old boy allegedly involved in a car accident that killed two persons in Maharashtra's Pune city, an official said on Tuesday.

5 Indian-origin women executives on Barron's 100 Most Influential Women in US Finance list

5 Indian-origin women executives on Barron's 100 Most Influential Women in US Finance list

Rediff.com5 Apr 2023

Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services industry and helping shape its future. Barron's is a sister publication of the Wall Street Journal, published by Dow Jones and Company. "The list honours established and emerging leaders in financial services, the corporate world, nonprofit organisations, and government," the magazine said in a press release.

Elon Musk decides not to join Twitter board: CEO Parag Agarwal

Elon Musk decides not to join Twitter board: CEO Parag Agarwal

Rediff.com11 Apr 2022

In an unexpected turn of events, Elon Musk, the world's richest man and the biggest shareholder of Twitter, has decided not to join the board of the micro-blogging platform. The decision of Musk -- who has made a raft of suggestions in recent days for Twitter, even wondering whether its headquarters should be turned into a homeless shelter -- was made public by the platform's India-origin CEO Parag Agarwal in a tweet on Sunday evening. With a 9.2 per cent stake, Musk is currently the biggest shareholder of Twitter, which had entered into an agreement with the billionaire whereby he will get a seat on the platform's board till the 2024 annual shareholders' meeting. He was to join the board on April 9.

India Needs A National Security Strategy

India Needs A National Security Strategy

Rediff.com4 Oct 2024

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).

Punit Goenka keen to prune Zee workforce by 15%

Punit Goenka keen to prune Zee workforce by 15%

Rediff.com5 Apr 2024

ZEE Entertainment Enterprises Ltd on Friday said its MD & CEO Punit Goenka has initiated a process of rationalisation of workforce by 15 per cent to prune staff strength across the company. In a regulatory filing, ZEE Entertainment Enterprises Ltd (ZEEL) said Goenka has proposed a lean organisation structure to the board with a lateral structure while identifying broadcast, digital, movies and music as core business units. "In line with his overall strategic approach, the MD & CEO has initiated the process of rationalisation of the workforce by 15 per cent, that will prune the staff strength across the company to arrive at a streamlined team that is sharply focused on the set goals for the future," the company said.

Govt defends Great Nicobar project amid criticism, cites national interest

Govt defends Great Nicobar project amid criticism, cites national interest

Rediff.com26 Aug 2024

The central government's Great Nicobar development project, proposed around an unprecedented transhipment port, will be executed to keep environmental impact minimal, and is essential as it is of national importance, the government has said amid calls to abort the controversial project due to ecological concerns, the Centre said in an official statement.

NEET: Cure The Disease Not The Symptoms

NEET: Cure The Disease Not The Symptoms

Rediff.com17 Jul 2024

'The Indian private sector knows how to build and run educational organisations, what is needed is a large dose of removal of restrictions.' 'Government restrictions hold back universities in India from launching medical schools,' argue Ajay Shah and Vijay Kelkar.

PIX: Vinesh Phogat in Olympics women's 50kg wrestling final

PIX: Vinesh Phogat in Olympics women's 50kg wrestling final

Rediff.com6 Aug 2024

Vinesh had failed to win a medal in her two previous Olympics appearances.

'The Audience Can't Be Tricked'

'The Audience Can't Be Tricked'

Rediff.com29 Aug 2024

'In the audience's mind there is no urgency to go see a film in the theatre.' 'If you pay for social media buzz it does not convert into bums on seats.'

Couldn't pump out water from coaching class because...: Probe

Couldn't pump out water from coaching class because...: Probe

Rediff.com30 Jul 2024

The interim magisterial inquiry report and the MCD Karol Bagh zone superintending engineer report were submitted to revenue minister Atishi who alleged that the "bureaucracy" was showing "laxity" in investigating the death of the civil services aspirants.

Batra's former office at IOA raided by CBI

Batra's former office at IOA raided by CBI

Rediff.com18 Jul 2022

Veteran sports administrator Narinder Batra's former office at the Indian Olympic Association headquarters and the Hockey India office in New Delhi were on Monday raided by CBI officials.

India faces Olympic ban

India faces Olympic ban

Rediff.com9 Sep 2022

The IOA elections were due last December but have been held up by a court case seeking to change its constitution in line with rules stipulated by the national sports code.

Infosys executive council member Subrahmanyam Goparaju resigns

Infosys executive council member Subrahmanyam Goparaju resigns

Rediff.com19 Dec 2013

In the seventh top level exit in six months at Infosys, Subrahmanyam Goparaju, Senior Vice President and a member of the Executive Council that frames business strategy, has resigned.

World wrestling chief urgesIOA to co-operate for sake of wrestlers

World wrestling chief urgesIOA to co-operate for sake of wrestlers

Rediff.com5 Jan 2024

UWW boss Nenad Lalovic also said the world body will require a "robust plan" from the stake-holders guaranteeing a "safe environment" where grapplers can report abuse and harassment, and a clear hearing process is in place.

IBA will not be in charge of 2024 Olympics boxing

IBA will not be in charge of 2024 Olympics boxing

Rediff.com25 Jun 2022

The IOC had stripped the IBA in 2019 of its involvement in last year's Tokyo Olympics due to governance, finance, refereeing and ethical issues. The sport was also not included in the initial programme for the 2028 Los Angeles Games.

At 17.3%, India Inc badly lags women board members

At 17.3%, India Inc badly lags women board members

Rediff.com28 Sep 2021

Corporate India lags the rest of its Western and Asian peers by a wide margin when it comes to the presence of women on their boards, with just 17.3 per cent of the large companies having them on their key decision making bodies, an international report said on Tuesday. However, this is a near 6 percentage points improvement between 2015 -- when it was only 11.4 per cent -- and 2021, Swiss brokerage Credit Suisse said in the report, which covered over 33,000 executives from more than 3,000 companies across 46 countries, including over 1,440 firms across 12 Asia-Pacific markets. Female representation on boards of large Indian companies has increased by 5.9 percentage points from 11.4 per cent in 2015 to 17.3 per cent in 2021.

Analysts bearish on Wipro after Delaporte's exit, see up to 15% downside

Analysts bearish on Wipro after Delaporte's exit, see up to 15% downside

Rediff.com17 Apr 2024

Even as Srini Pallia, a Wipro veteran, is set to take charge as the chief executive officer (CEO) of the company, analysts expect the stock's underperformance to continue in the near-future. This, they believe, will be on the back of likely loss of market share, and difficult business environment. "We expect Wipro to underperform peers on growth once again in FY25 as channel checks and media reports suggest Wipro is losing share with select clients across multiple verticals.

Delhi's Bawana under water after midnight breach of major canal

Delhi's Bawana under water after midnight breach of major canal

Rediff.com11 Jul 2024

The pictures and videos of the locals wading through waist deep water in Bawana JJ colony area, waterlogged houses, school and hospital went viral on social media even as teams of engineers from Haryana and Delhi worked on a war footing to plug the breach.

'I have no sympathy for Byju's'

'I have no sympathy for Byju's'

Rediff.com12 Feb 2024

'What has happened at Byju's is no surprise to anyone.'

Voda Idea plans to raise about Rs 45,000 cr via equity, debt

Voda Idea plans to raise about Rs 45,000 cr via equity, debt

Rediff.com27 Feb 2024

Vodafone Idea board on Tuesday approved a fund-raise of up to Rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also participate in the proposed equity raise. Overall, Vodafone Idea plans to raise around Rs 45,000 crore through a mix of equity and debt, the company said. The company has been fighting a desperate battle for survival -- it has a debt of Rs 2.1 lakh crore and is reporting quarterly losses, amid massive subscriber churn.

Banks await RBI approval for appointing second whole-time director

Banks await RBI approval for appointing second whole-time director

Rediff.com5 Mar 2024

More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards.

Ramiz Raja set to become Pakistan Cricket Board chief

Ramiz Raja set to become Pakistan Cricket Board chief

Rediff.com27 Aug 2021

Ramiz Raja was part of the 1992 World Cup-winning Pakistan team captained by Imran Khan.

Who Will Be The Next SBI Chief?

Who Will Be The Next SBI Chief?

Rediff.com14 May 2024

'The FSIB will conduct interviews for the SBI chairman position on May 21-22 as the tenure of the current chairman Dinesh Kumar Khara is scheduled to end by August.'

Kejriwal used 'scam' money to stay at luxury Goa hotel: ED

Kejriwal used 'scam' money to stay at luxury Goa hotel: ED

Rediff.com11 Jul 2024

Delhi Chief Minister Arvind Kejriwal 'directly used' part of the alleged Rs 100 crore generated from the 'kickbacks' of the Delhi excise policy 'scam' by staying in a luxury hotel in Goa, the Enforcement Directorate (ED) has claimed in its charge sheet filed against the Aam Aadmi Party supremo.

Delhi Capitals have to improve with bat and ball: Warner

Delhi Capitals have to improve with bat and ball: Warner

Rediff.com23 Apr 2024

Having lost five out of their eight matches, Delhi Capitals will be desperate for a turnaround.

Wipro's share buyback decision on Oct 13 board meeting

Wipro's share buyback decision on Oct 13 board meeting

Rediff.com9 Oct 2020

The company, which in the previous quarter announced former Capgemini top executive Thierry Delaporte as its new chief executive officer and managing director, is looking at improving its performance in coming quarters.

85% Paytm wallet users not to face disruption: RBI Guv

85% Paytm wallet users not to face disruption: RBI Guv

Rediff.com6 Mar 2024

As many as 80-85 per cent Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts.

Byju's $200 million rights issue fully subscribed

Byju's $200 million rights issue fully subscribed

Rediff.com21 Feb 2024

Edtech major Byju's top official on Wednesday said the company's $200 million rights issue has been fully subscribed and asked all shareholders to participate in the "renewed mission". Think and Learn Private Limited, which operates under Byju's brand name, has floated $200 million rights issue at less than 99 per cent enterprise valuation compared to its peak valuation of $22 billion. "Our rights issue is fully subscribed and my gratitude to my shareholders remains strong.

Pak retaliate over Asia Cup venue change, threaten to skip 2022 WC

Pak retaliate over Asia Cup venue change, threaten to skip 2022 WC

Rediff.com18 Oct 2022

"The PCB is wondering, in what capacity has Jay Shah given the statement that the ACC will look to relocate the Asia Cup to the UAE instead of Pakistan because the hosting rights were awarded by the executive board of the ACC, not the President," the PCB source said.