The IOC had also stated that its Executive Board reserves the right to take any further action at any stage of the process depending on how the situation develops.
UCO Bank, Bank of Maharashtra, Bank of India, Indian Overseas Bank, Indian Bank, and Central Bank of India don't have a non-executive chairman.
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).
At its executive board meeting last year, the International Olympic Committee had made provisions for flag-bearers from both genders at the opening ceremony.
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.
PCB chairman Ramiz Raja told the ICC that Pakistan has not made any decision not to send its team to India for the 50-over World Cup.
Rashtriya Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale on Tuesday said the organisation believes that there is no need to turn India into a 'Hindu Rashtra' or Hindu nation because the country has always been one.
'I try to solve the problem that is there in front of me. I know it's a cliched answer...but I was trying to focus on what is the best option over here on a wicket like this.'
'The meanness of the board statement apart, it nowhere answers the most fundamental and damaging aspects of the deteriorating work culture among top company executives to which Narayana Murthy had been repeatedly drawing attention,' says B S Raghavan, the distinguished civil servant.
Ashwin suggested that the Asia Cup 2023 should be shifted to Sri Lanka instead of being held in Pakistan.
'T20 is a hard format. We are excited for what is to come.'
Isha Ambani means business. Not only when she is doing business - she leads Reliance Retail - but also when she is not. The latter was unmistakable on Wednesday, during her eight-minute 49-second video address on the occasion of "Girls in Information and Communications Technology (ICT) Day India 2024".
The Securities Appellate Tribunal (SAT) on Monday set aside the penalty imposed by Sebi on Reliance Industries Ltd's chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. The ruling has come after all the entities appealed before the tribunal against the order passed by the Securities and Exchange Board of India (Sebi) in January 2021. In January 2021, Sebi imposed a Rs 25 crore fine on Reliance Industries Ltd(RIL), Rs 15 crore on Ambani, who is the company's chairman and managing director, Rs 20 crore on Navi Mumbai SEZ Pvt Ltd and Rs 10 crore on Mumbai SEZ Ltd in RPL case.
Real estate investment trusts (Reits) are in talks with regulatory bodies - the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) - to seek changes in regulations that will allow easier access to capital. The Indian Reits Association (IRA) said it has approached the market regulator seeking to get classified as an 'equity' asset, which will open the path for their inclusion in equity indices and also make investment by mutual funds (MFs) easier. The association is also in active discussions with the RBI to allow banks to lend to a Reit.
The Securities and Exchange Board of India (Sebi) has asked fund houses operating smallcap funds with a large corpus to share data on their holdings in the total free float of smallcap stocks, according to sources. This is part of the stress tests that the regulator wants fund houses to undertake amid a surge in inflows into smallcap schemes and growing concerns about valuations. Free float refers to the quantum of freely available shares for trading on the stock market.
'API prices are dragging down margins and impacting our competitive ability.'
'There is one way to defeat the intention behind this directive: To patronise Muslim establishments that have been forced to identify themselves.' 'This is one opportunity for the Congress to show that the 'mohabbat ki dukaan' its leader talks about does exist.' 'Can Akhilesh Yadav, who has asked the court to take note of this directive, order his party members to do this?' asks Jyoti Punwani.
Up to three billion people are expected to tune in for the opening ceremony in Paris.
IT service company Wipro on Friday reported 7.8 per cent year-on-year decline in its consolidated net profit for the March quarter to about Rs 2834.6 crore, and cautioned that the macroeconomic environment remains "uncertain". The Bengaluru-headquartered company, which recently saw a change of guard with Srinivas Pallia taking over at the helm as the new chief executive officer, has given an IT Services revenue growth guidance in the (-)1.5 per cent to +0.5 per cent band for June quarter on a constant currency basis.
The small finance bank model may still be testing the water some 10 years since its launch. According to banking experts, the regulator has taken a cautious approach in granting approvals. Unity Small Finance Bank was the last one to get a licence in the category in November 2021.
Max Life Insurance plans to hire 30,000 agents and open 50 to 100 new offices in the financial year 2024-25 (FY25) to drive premium growth, said Prashant Tripathy, managing director and chief executive officer of the company. The private insurer's total agent count will rise to 1,30,000 in FY25. It added 47,957 agents in FY24, 54 per cent more than the year before.
'The reports circulating in certain media sections are completely incorrect.'
The agreement is subject to approval by the IMF management and consideration by its executive board, which is expected in early April.
Party's chief spokesperson K C Tyagi said Kumar has agreed to take over the mantle from Lalan Singh.
The Hangzhou Asian Games, which could not be hosted this year because of COVID-19, will be held from September 23 to October 8 2023.
The CEOs have been discussing a collaboration for some time, according to two people with knowledge of the situation.
The IOA elections were due in December last year but could not be held due to amendments in the poll process.
The stock exchange BSE has called off the merger of its unit at the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), India International Exchange (India INX), with NSE International Exchange (NSE IX), a similar unit floated by rival National Stock Exchange (NSE), according to sources familiar with the development. BSE and NSE had been in discussions for the merger for over a year, but it has yielded no results, they said.
Ashwin has urged bowlers to start working on their batting skills in order to meet the demands of the game.
There is a possibility that the Asia Cup might be scrapped entirely this year and India, Sri Lanka, Bangladesh and Afghanistan could end up playing a multi-team event in 50-overs format before the World Cup.
Maharashtra Chief Minister Eknath Shinde and Home Minister Devendra Fadnavis have directed stringent action in the case of a car accident involving a 17-year-old boy, in which two persons were killed, the Pune police chief said on Tuesday.
Of the top four companies, which collectively hold more than half of India's market share, two have pitted Shah Rukh Khan and Sunny Deol against each other.
BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
Pakistan Cricket Board chairman Najam Sethi is exploring all options as far as this year's Asia Cup in Pakistan and ODI World Cup in India are concerned, saying it's time to "take a clear position".
Former Australia captain Michael Clarke said Rohit Sharma needs to take a break to freshen up ahead of the T20 World Cup next month.
Nine people were on the helicopter that crashed in northwest Iran on Sunday, including three officials, an imam, and flight and security team members, as reported by Tasnim news.
'Election funding needs a little more transparency.'
The International Olympic Committee said on Monday its executive board had recommended that international sports federations ban Russian and Belarusian athletes and officials from competing in events.
Gujarat Titans pace bowler Mohit Sharma conceded it was hard to replace a bowler of the calibre of Mohammed Shami as his team succumbed to a massive 63-run defeat at the hands of reigning IPL champions Chennai Super Kings in Chennai.
Sreejesh was re-elected as a member of the FIH Athletes' Committee during the virtual meeting of Executive Board.
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