Following the end of the grandfathering period given to India Inc to replace their independent directors who had already served for 10 years, certain companies have come up with unique ways to replace the old guard.
Buoyed by the record medal haul at the Hangzhou Asian Games, Indian Olympic Association (IOA) president PT Usha on Sunday supported the government's plan to place a proposal to host the 2036 Olympics.
urged the International Cricket Council (ICC) to sign the Champions Trophy 2025 hosting rights agreements with it, stressing that the PCB should be compensated if India refuse to travel.
Public-sector lenders Indian Overseas Bank (IOB) and Uco Bank are likely to raise funds through qualified institutional placement (QIP) next month. Punjab & Sind Bank is likely to follow suit later this financial year to meet the public shareholding norm of 25 per cent. When a public-sector unit raises funds through QIP, the money goes to the company because it involves issuing new shares whereas in the case of offer for sale (OFS), the money raised goes to the government because its shares are sold.
15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.
When there are two wills produced before the court, which one will be executed?
Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.
In a surprise move, struggling multinational coffee chain Starbucks on Tuesday announced the appointment of Brian Niccol as chairman and chief executive officer replacing Indian-origin CEO Laxman Narasimhan who is stepping down.
The ICC on Tuesday said the Women's T20 World Cup will be moved to the United Arab Emirates due to the prevailing unrest in Bangladesh
Russians, Belarusians to participate at Paris Olympics as neutrals
User protection and a proposal for a licensing framework for companies seeking to operate in the cryptocurrency area will be part of an upcoming consultation paper on the sector, said a senior industry executive. Even as specific regulations around crypto are yet to take shape, companies are setting up baseline user protection processes, including a redressal mechanism, fraud detection, regular filing of suspicious transaction reports (STRs), among others.
In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.
'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'
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.
'We insisted multiple times but Jadeja refused to take any money from the Afghanistan Cricket Board for his services during the 2023 ODI World Cup.'
India is among the fastest-growing markets for Google in the cloud services segment, a senior executive has said, adding that the tech giant is looking to partner companies in their business transformation through its offerings. Google Cloud India is seeing an "increased adoption" of its offerings across segments from the public sector to small and medium businesses and from startups and digital-native companies, Google Cloud India vice president and country managing director Bikram Singh Bedi told PTI.
United Arab Emirates is the favourite to host the ODI tournament in March.
But the artiste, who often attends Ipswich's home matches, will have an executive box at the Portman Road Stadium, the club added.
Naidu claimed that the previous YSRCP government did not even spare Sri Venkateswara temple and used substandard ingredients and animal fat for making laddus.
Thursday's ruling does not affect any decision on Russian and Belarusian athletes' participation at the Paris 2024 Olympics which the IOC will take at a later date.
The new asset class (NAC) proposed by the market regulator could see diverse product offerings with high-risk strategies across equity and debt if the mutual fund (MF) industry's recommendations are incorporated into the final regulations. While the Securities and Exchange Board of India (Sebi) has suggested relaxations in investment norms for NAC compared to traditional MFs, some fund houses are advocating for further relaxations in concentration norms, greater flexibility in leverage, and the ability to invest in securities currently outside the MF domain, such as unlisted debt papers and debentures, sources reveal.
In yet another decision to please the priest community after withdrawing the Chardham Devasthanam Board Act, the Uttarakhand government has reconstituted the Badrinath-Kedarnath Temple Committee under a new head to manage the affairs of the two Himalayan shrines.
Jasprit Bumrah dismantled Australia's batting in both innings with eight wickets in the match to bowl India to a huge 295-run victory in the first Test in Perth.
The International Olympic Committee executive board on Wednesday recommended withdrawing recognition of the International Boxing Association (IBA).
Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.
Did Jeff Bezos decide against endorsing Harris because it would hurt his business interests? Only God and Bezos know, and neither of them are talking, notes Prem Panicker.
The RBI said the board has been superseded "in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively". It has also appointed Nageswar Rao Y (ex-executive director, Bank of Maharashtra) as the administrator of the NBFC.
The SC observes that the arrest of Kejriwal by the CBI was unjustified.
A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.
Boxing is part of the Paris 2024 Olympics but the qualification bouts and the competition are being run by the IOC and not the IBA, as was the case in Tokyo.
At its meeting held on Friday, the company's board rejected the minority shareholders' demand and termed the requisition as "invalid and illegal". "In its meeting held on 1st October 2021, the board has arrived at a conclusion that the requisition is invalid and illegal; and has accordingly conveyed its inability to convene the Extraordinary General Meeting to Invesco Developing Markets Funds and OFI Global China Fund, LLC," ZEEL said in a statement.
One97 Communications (OCL), the company that operates brand Paytm, received a nod from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on OCL to add new customers.
A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.
Hike through Meghalaya's newest tourist magnet.
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.
The members who were present at the 93rd BCCI Annual General Meeting (AGM) in Bengaluru on Sunday requested incumbent secretary Jay Shah to speed up the process of finding his successor to keep the transition of power as smooth as possible.
'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a bit of liquidity pressure in the market.'
The International Cricket Council (ICC) on Monday formed a three-member committee to "review the delivery" of the T20 World Cup which was co-hosted by the USA and the West Indies last month.
The Tirupati Laddu row intensified on Friday with the Tirumala Tirupati Devasthanams (TTD), which is managing the super-rich temple, backing Chief Minister N Chandra Babu Naidu's claim that the famous 'prasadam' had animal fat and Yuvajana Sramika Rythu Congress Party president Y S Jagan Mohan Reddy dubbing the accusations as 'atrocious'.
The Bangladesh senior cricket team will arrive in Pakistan on August 13 following the political unrest at home.
