A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.
It will be a 'three versus seven' fight at the ICC meeting in Dubai, with the BCCI, Cricket Australia and the England and Wales Cricket Board having prepared a 'Position Paper' that will allow three boards to control the parent body's functioning.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
'We handle close to 3 million rides daily, making us one of the largest players in this segment'
World Cup winner Binny had become the 36th BCCI president in October, replacing former India captain Sourav Ganguly.
The equity market's recent downturn appears unlikely to slow the brisk pace of mutual fund (MF) scheme launches, at least in the coming weeks. Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November. The number of filing with markets regulator, Securities and Exchange Board of India (Sebi), suggests this momentum will continue with asset management companies (AMCs) seeking approval for 21 more equity schemes in October.
'Many of these issues will be resolved within 6 months because the US economy has started unravelling.'
'The country that does most of the visual effects, more than any other country, is India.' 'There are more Indians working on VFX in any major Hollywood film than there are in Indian films.'
'I am determined now to celebrate all festivals together.' 'People don't respond much when you try to convince them by talking about principles of secularism etc. But if we revive our shared cultural practices, specially food, we may get a better response.'
Noel Tata -- the half-brother of late Rata Tata -- who takes over as chairman of Tata Trusts, has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate. Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts -- broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts -- that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies.
Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.
The new proposal comes close on the heels of six measures introduced by Sebi to curb frenzy in index derivatives.
Seven of the 13 people who died in a train accident in Maharashtra's Jalgaon district were from Nepal. The accident occurred when passengers on the Mumbai-bound Pushpak Express got off the train after an alarm chain-pulling incident and were run over by the Karnataka Express on the adjacent tracks. A fire rumour spread in the train, prompting passengers to jump off. The incident highlighted the dangers of chain-pulling and the need for better safety measures on Indian Railways.
Dubai witnessed a historic moment as the inaugural edition of the Global Chess League was held on Thursday.
Sunil Gavaskar believes India will struggle to defend even 200 if Jasprit Bumrah is unable to bowl at full throttle on Day 3 of the fifth and final Test against Australia
'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'
Though a settlement will provide respite from a long legal battle, legal experts say it may create a perception of guilt.
The duo met at the IOC's headquarters in Lausanne, Switzerland and discussed about cricket's future in the Olympic programme.
Aviation watchdog DGCA has issued a warning letter to Akasa Air's accountable manager Vinay Dube, who is also its founder and CEO, for regulatory lapses, days after the airline was warned for violating norms related to handling dangerous goods.
Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.
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.
'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'
Amid concerns among devotees on the quality of ghee used in the famous Tirupati 'laddu prasadam', the Tirumala Tirupati Devasthanams (TTD) has said sanctity of the sacred sweetmeat has been restored.
The Securities and Exchange Board of India (Sebi) on Thursday debarred Ketan Parekh, the stock market operator involved in the stock market scam of 2000, Singapore-based trader Rohit Salgaocar, and one other individual from the securities market for alleged front-running of trades of a United States (US)-based foreign portfolio investor (FPI). The FPI manages around $2.5 trillion worth of funds globally.
South Africa Sports Minister Gayton McKenzie said he supported calls for a boycott of Afghanistan in the Champions Trophy in Pakistan next month.
'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.'
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.
Contradicting reports have emerged about the ACC suggesting postponing the Asia Cup with India unable to travel.
Younger investors with long investment horizons may continue their SIPs.
If approved, yoga could debut as a demonstration sport in the 2026 Games in Nagoya, Japan, marking a significant milestone in its journey from a spiritual practice to a recognised competitive discipline.
IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the second quarter of FY25. It had reported a profit of Rs 2,646.3 crore in the year-ago period. The revenue from operations for the reporting quarter was Rs 22,301.6 crore, a 0.95 per cent decline from Rs 22,515.9 crore in Q2 FY24.
The June quarter is usually considered as a seasonally strong period for the IT sector.
In a setback to the BJP ahead of the November 30 assembly polls in Telangana, former MP G Vivek Venkataswamy resigned from the party and joined the Congress in the presence of AICC former president Rahul Gandhi in Hyderabad.
The 20 league matches will be split between Dubai and Sharjah with the semi-finals slated for Dubai and Sharjah on October 17 and 18 respectively. The final will be played in Dubai.
The Securities and Exchange Board of India (Sebi) on Thursday debarred Pacheli Industrial Finance and six others entities from the markets in its bid to crack down on a "pump and dump" case, substantiated by a probe into Rs 850 crore preferential allotment and examination of alerts around price movement of the firm's stock.
It has been alleged that IOA treasurer Sahdev Yadav and some other officials are continuing in office in violation of the age and tenure cap set by the National Sports Code.
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.
'I am not against technology in the game. But if it brings doubt and confusion, it is not acceptable. Some decisions were not understandable. The ball hitting the stumps is always out. I will never understand why there is an umpire's call.'
We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.
