News for 'Executive Board'

'They outplayed us and they deserved to win that game'

'They outplayed us and they deserved to win that game'

Rediff.com23 Jun 2024

'When the scores are low, we had an off-one in the field. But yeah, got to give credit where credit is due and Afghanistan were pretty good.'

RBI Flags Concern Over Illegal Accounts

RBI Flags Concern Over Illegal Accounts

Rediff.com10 Jul 2024

'We found certain banks having lakhs of such accounts with apparently no valid reason.'

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.

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.

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.

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.

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.

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.

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.

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.

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.

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

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.

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.

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.

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.

'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.'

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.

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.

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.

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.

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.

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).

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.

Meet ICC's new chief executive

Meet ICC's new chief executive

Rediff.com15 Jan 2019

The International Cricket Council, on Tuesday, appointed media professional Manu Sawhney as its new chief executive officer, replacing incumbent David Richardson, who will step down after the World Cup.

'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.

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.

'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.'

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.

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.

Don't isolate us, Afghan cricket board pleads

Don't isolate us, Afghan cricket board pleads

Rediff.com10 Sep 2021

Afghanistan Cricket Board (ACB) chief executive Hamid Shinwari issued a statement on Friday expressing the board's "shock and immense disappointment" at the Australian stance, which he called a "knee-jerk reaction".

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.

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.'

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.

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.

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.

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.