News for 'Executive Board'

Kohli's Brain Fade: How India Lost The Plot

Kohli's Brain Fade: How India Lost The Plot

Rediff.com27 Dec 2024

Those three wickets for six runs, in a manic final 15 minutes of the day's play, undid all the good work that had gone before, asserts Prem Panicker.

IPO Market Set For Record-Breaking Diwali

IPO Market Set For Record-Breaking Diwali

Rediff.com3 Oct 2024

IPOs worth Rs 50,000 crore including Hyundai, NTPC Green Energy and Swiggy are set to hit the market in late October or early November.

Should You Invest In SM Reits?

Should You Invest In SM Reits?

Rediff.com22 Oct 2024

'Investors with a long-term investment horizon and the risk appetite for fluctuations in property values may find SM Reits a viable option.'

How To Lose Money In F&O Trading

How To Lose Money In F&O Trading

Rediff.com15 Oct 2024

F&O trading is a zero-sum game where one person's loss is another's gain. Only one per cent of traders gained the money lost by 93 per cent, warns Harsh Roongta.

Dabur plans first plant in South India, to invest Rs 400 crore in Tamil Nadu

Dabur plans first plant in South India, to invest Rs 400 crore in Tamil Nadu

Rediff.com22 Aug 2024

Home-grown FMCG major Dabur India on Thursday said it will set up a Rs 400-crore manufacturing plant in Tamil Nadu's Villupuram district, marking the company's maiden foray into the South. State Industries Minister TRB Rajaa said, Dabur has signed a Memorandum of Understanding (MoU) with the state government to this effect on Thursday. The MoU outlines an approved Phase 1 investment of Rs 135 crore, scaling up to Rs 400 crore over five years, Dabur India said in a statement.

With Paytm deal, Zomato spices up growth menu

With Paytm deal, Zomato spices up growth menu

Rediff.com31 Aug 2024

Food delivery platform Zomato has laid the foundation for its third vertical of growth by agreeing to acquire Paytm's entertainment and ticketing business, said analysts on Thursday (August 22). Zomato, which also runs a quick commerce business called Blinkit, will strengthen its 'going out' offering but the acquisition may take time to yield results, they said. "Paytm's entertainment and ticketing arm will be part of Zomato's District app, which is due to be launched in the coming weeks.

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.

Asia Cup 2023: India vs Pakistan matches to be held in...

Asia Cup 2023: India vs Pakistan matches to be held in...

Rediff.com11 Jun 2023

The Asian Cricket Council could accept PCB chairman Najam Sethi's proposed Hybrid Model for conducting four non-India Asia Cup games in Pakistan.

Mumbai traffic back on track after heavy rains, woman drowns

Mumbai traffic back on track after heavy rains, woman drowns

Rediff.com26 Sep 2024

The Mumbai civic body and police have advised all people in the city and surrounding areas to stay indoors as much as possible.

'America Is In For A Period Of Extended Domestic Turmoil'

'America Is In For A Period Of Extended Domestic Turmoil'

Rediff.com15 Nov 2024

'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'

HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25

HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25

Rediff.com21 Oct 2024

The country's largest private sector lender HDFC Bank on Saturday said it will grow its loan book slower than the industry in the current financial year (FY25). The move comes as the lender looks to bring down its elevated credit - deposit (CD) ratio to pre-merger levels. "We will bring down the CD ratio faster than what we had anticipated.

Women Outnumbered In Bank Accounts!

Women Outnumbered In Bank Accounts!

Rediff.com17 Aug 2024

As of March 2023, the share of accounts belonging to women stood at 36.4 per cent (917.7 million) of the total 2.52 billion individual accounts.

MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

Rediff.com19 Jul 2024

Airports across the country witnessed chaotic scenes on Friday after dozens of flights were either delayed or cancelled after a widespread global computer outage that also hit operations like cash withdrawal at some banks, and impacted functioning of some brokerages. Globally, the Microsoft cloud outage led to US airlines cancelling flights, but the tech giant later reportedly said its cloud services outage in the Central US region has been resolved.

'Kamala Has A Very Strong Connect With India'

'Kamala Has A Very Strong Connect With India'

Rediff.com6 Nov 2024

'This victory would mean a huge inspiration for the next generation who can say that coming from India I can be anybody I want to be if I work hard and acquire the right skills.' 'They could be the next President, members of the Senate, or another Sundar Pichai.'

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.

COVID-19 Kills 1,700 People Globally A Week

COVID-19 Kills 1,700 People Globally A Week

Rediff.com28 Aug 2024

WHO has urged people at risk to keep up with their vaccinations with boosters.

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.

How Front-Running Hurts MFs, Investors

How Front-Running Hurts MFs, Investors

Rediff.com26 Jun 2024

Cases of front-running mostly happen when large asset managers and intermediaries are involved in bulk trades as their transaction size is generally big enough to impact the stock price.

CII asks startups to keep their valuations 'as realistic as possible'

CII asks startups to keep their valuations 'as realistic as possible'

Rediff.com29 Apr 2024

The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.

Why There Is A Surge In Demat Accounts

Why There Is A Surge In Demat Accounts

Rediff.com6 Sep 2024

The total number of demat accounts in the country stood at 171.1 million as of August 31.

Result preview: Cost of deposits to weigh on banks' margins in Q1

Result preview: Cost of deposits to weigh on banks' margins in Q1

Rediff.com12 Jul 2024

Despite steady loan growth, the banking sector is expected to report subdued margins in the quarter ending June 2024 (Q1FY25), driven by high demand for deposits amidst tight liquidity conditions. However, according to Bloomberg analysts, listed banks are forecasted to see a 14.5 per cent year-on-year (Y-o-Y) increase in net profit. Estimates showed that banks' net interest income (NII), and revenues from interest minus interest expenses might grow 11.9 per cent Y-o-Y.

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.

Why Ratan Tata Really Fell Out With Cyrus Mistry

Why Ratan Tata Really Fell Out With Cyrus Mistry

Rediff.com26 Oct 2024

Ratan Tata: A Life, the much awaited biography, reveals that after a year of 'parallel running', Tata began having second thoughts about Cyrus Mistry's 'suitability'. 'Mistry targeted Ratan, the man who had elevated him from virtual oblivion into the mainstream of the Tatas...'

Fintechs Push For Easier KYC

Fintechs Push For Easier KYC

Rediff.com3 May 2024

'For smaller merchants, there should be a process that is digital and a minimum KYC journey should be allowed.'

Oscar winner Michelle Yeoh up for Olympic membership

Oscar winner Michelle Yeoh up for Olympic membership

Rediff.com9 Sep 2023

Yeoh, former Malaysian junior squash champion, made her Hollywood breakthrough when she was cast as the first ethnic Chinese Bond girl in 1997's Tomorrow Never Dies opposite Pierce Brosnan.

Payments banks bat for new model, pin hopes on lending licence amid stress

Payments banks bat for new model, pin hopes on lending licence amid stress

Rediff.com29 Apr 2024

Payments banks are expecting to get the rights to offer small-ticket loans sometime soon, according to an industry source familiar with the matter. The industry has been in talks with the Reserve Bank of India (RBI) for some time in seeking lending rights.

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.

Indians Dominate TIME 100 AI Titans List

Indians Dominate TIME 100 AI Titans List

Rediff.com23 Sep 2024

The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.

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.

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.

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.

'Ratan and I Were Good Chums'

'Ratan and I Were Good Chums'

Rediff.com14 Oct 2024

Arun Maira who worked for 25 years with the Tata Group, remembers his early years with Ratan Tata.

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.

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.

Will Japan Instability Derail India Ties?

Will Japan Instability Derail India Ties?

Rediff.com8 Nov 2024

There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

Rediff.com10 May 2024

The mutual fund (MF) gross inflows through the systematic investment plan (SIP) route topped the Rs 20,000 crore mark for the first time in a calendar month as investors opened a record 6.4 million SIP accounts despite a spike in market volatility. The number of accounts opened last month was almost 50 per cent higher than the registrations seen in March. "India's MF industry has reached yet another milestone with the SIP book crossing above Rs 20,000 crore in April 2024.

'It's Not Sexualised Nudity'

'It's Not Sexualised Nudity'

Rediff.com16 Oct 2024

'I made it very clear even at the casting process that there was going to be a lot of nudity.' 'And I wanted to be sure that it would be done with ease.'

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.

Skilling plan laudable, but needs clarity: Biz leaders

Skilling plan laudable, but needs clarity: Biz leaders

Rediff.com2 Aug 2024

While praising the internship scheme announced in the Budget, India Inc wants clarity on how it will be implemented. The scheme is expected to help companies address the skill gap in employment. Dheeraj Hinduja, chairman, auto major Ashok Leyland, said: "We had started an internship programme at our plant in Pantnagar, which we established in 2010 with colleges there.

Fintechs boost hiring, strengthen leadership

Fintechs boost hiring, strengthen leadership

Rediff.com8 Feb 2024

In the backdrop of the crisis brewing at Paytm Payments Bank, major fintech companies are ramping up their workforce and inducting new faces in their leadership teams, industry sources said on Wednesday. Users will not be able to add funds to their Paytm Payments Bank Wallet after February 29, though they will still be able to use the services and the existing balance in the wallets, according to the Reserve Bank of India (RBI) diktat. Industry sources said that competitors to Paytm are investing heavily in offline payments while doubling their salesforce.