The first day of the International Cricket Council's Board meetings concluded in Dubai on Tuesday with unanimous support for a set of principles relating to its future structure, governance and financial models.
Merely bringing down the government stake below 51% may not find any taker for the PSBs. The government must bring down its holding to at least 26%, recommends Tamal Bandyopadhyay.
Ex-South American soccer chief in FIFA scandal under house arrest.
The Allahabad high court will hear Wednesday a plea against the acquittal of all 32 accused, including Bharatiya Janata Party veterans L K Advani and Murli Manohar Joshi, in the Babri mosque demolition case.
'Cyrus was always very different. He would think before acting.'
Urjit Patel panel wanted all members to be appointed by RBI
Zimbabwe and Nepal were suspended in July this year following government interference in the running of the Board.
India is among 120 countries which backed the draft resolution put forward by the European Union and several other countries.
The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.
As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.
RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.
Batting for larger transparency, the Central Information Commission (CIC) has urged the Committee of Administrators running the Board of Control for Cricket in India to look into the issues raised by historian Ramachandra Guha.
The Covid pandemic has left a question mark on how the central government manages its staff.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
The Asian Games-bound Indian athletes should adhere to the 'No Needle Policy' during the mega-event in Indonesia, the Indian Olympic Association instructed on Wednesday.
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
A key cog in India's pace attack, the 27-year-old was left out of the list of contracted players unveiled by the BCCI on Wednesday but the board did not offer any immediate explanation as to why.
Some of the key faces for various posts will be former India skipper and Hyderabad Cricket Association president Mohammad Azharuddin, former India captain and Cricket Association of Bengal president Sourav Ganguly, former Test player and Karnataka nominee Brijesh Patel.
Lack of clarity on data-sharing persists, public health experts sceptic about the pilot that was run in six Union territories as benchmark for national roll-out
The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
The central bank filed an affidavit in response to a petition filed by Kochhar last month, challenging her ouster as the chief executive and managing director of ICICI Bank months after she voluntarily left the private sector lender. The bank, while terminating her employment, also denied her remuneration and rescinded the bonuses and stock options given to her from April 2009 to March 2018. She was accused of playing a role in grant of out-of-turn loans of Rs 3,250 crore to Videocon Group, which allegedly benefited her husband, Deepak Kochhar.
Will RBI chief have the final say, in the form of a veto
Besides PESB selected chairman designate B Ashok (currently Executive Director retail sales in IOC) having no board experience, the case for extending Butola's service is more compelling because all the other six directors on board of the nation's largest oil firm are retiring in next one year.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.
Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
The RBI, according to the source, wants details on the procedure followed for credit appraisal by the bank while giving loans to Videocon.
Bankers said the mammoth task of cleaning up the PSBs and improving their health will be a mammoth task for any chief executive.
With the United Progressive Alliance government likely to announce a separate Telangana state on Tuesday, the call for carving out Vidarbha state out of Maharashtra has started gaining heat.
Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.
For the first time, PSU banks will have a non-executive chairman, giving operational responsibility to managing director and chief executive officer.
The Central Information Commission (CIC) on Friday urged the Supreme Court-appointed Committee of Administrators running the Board of Control for Cricket in India to 'immediately initiate efforts' to look into the issues raised by historian Ramachandra Guha in his resignation letter.
The information and broadcasting ministry's business-like and result-oriented handling of several issues has set a template for other ministries to follow, says A K Bhattacharya.
Rainbow-themed badge adorns US training facility
Rules for market infrastructure institutions such as stock exchanges, clearing corporations, and depositories have come under review by Sebi after five years.
Moreover, all her existing and future entitlements such as any unpaid amounts, unpaid bonuses or increments, unvested and vested and unexercised stock options, and medical benefits will be revoked.
Dr Arun Jamkar, former vice chancellor, Maharashtra University of Health Sciences, makes a strong case for reforming Indian medical education and believes that the National Medical Commission Bill is historic.
FIFA's Task Force for Women's Football has called for a target of 30 percent women's participation in the governing body's leading structures and top jobs, FIFA said on Thursday.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
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