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.
US lenders represented by Glas Trust have countered Byju's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered edtech firm will have to pay the entire $1.2 billion Term Loan B along with interest. The founder of Think and Learn (TLPL) and owner of Byju's brand, Byju Raveendran, had about a week ago said that verified debt on the company is only Rs 20 crore as per insolvency proceedings and he may not have to pay any money to the US lenders represented by Glas Trust.
Speaking to reporters before leaving for Bengaluru, Bommai said he held a meeting with Nadda on Wednesday on the matter.
His decision followed questioning by the Criminal Investigation Department with regard to an alleged refusal to relinquish documents to sports ministry officials.
Convert the Haryana result into a blessing in disguise; make the calamity into an opportunity. Maharashtra was always the big ticket game in town; MVA must win it. The Congress should shift headquarters to Mumbai for the entire month. Show urgency and a hunger to win, asserts Sanjay Jha.
Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday met ministers from the state at his residence in Lucknow to discuss the upcoming assembly bypolls in 10 constituencies.
WFI elections now to be held on August 7
Addressing the valedictory session of the BJP's national executive, Modi stressed that the BJP runs on the values of 'Sewa, Sanklap aur Samparan (service, resolution and commitment)' and 'does not revolve around a family', urging its members to work for people, Union Minister Bhupender Yadav said quoting the prime minister.
The dates for the much-awaited WFI elections have been confirmed, with the results also set to be announced on the same day.
The Rashtriya Swayamsevak Sangh is likely to discuss and pass a resolution on the recent attacks on Hindus in Bangladesh during its three-day all India executive committee meeting in Dharwad, Karnataka from October 28, an RSS functionary said on Tuesday.
The Insurance Regulatory and Development Authority of India (IRDAI) has asked life insurance companies not to advertise unit-linked plans as investment products in a recent circular.
'One nation, one election' is not possible under the present Constitution. It requires at least five constitutional amendments'
'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'
Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.
The e-mail, detailing the points which were discussed and agreed upon between the two sides and also those which weren't, was sent as per the state's requirement based on which the government is expected to issue directives, the doctors said.
The Indian Space Research Organisation said it successfully carried out an "extremely challenging" controlled re-entry experiment of the decommissioned orbiting Megha-Tropiques-1 (MT-1) satellite.
The second round of talks between junior doctors and officials of the West Bengal government failed to break the medics' strike over the RG Kar issue, following the state's refusal to give written minutes of the meeting, the doctors alleged.
As Cyclone Dana barrels toward the coasts of Odisha, threatening to impact nearly half of the state's population, the government is racing against time to execute a massive evacuation plan aimed at relocating about 10 lakh people in several coastal districts to safety. In West Bengal, the cyclone is set to bring heavy rainfall in several southern West Bengal districts, including Kolkata, the India Meteorological Department (IMD) has said.
The 49-year-old entrepreneur oversees the media and real estate arm of Dempo Industries as its executive director.
The central government's Great Nicobar development project, proposed around an unprecedented transhipment port, will be executed to keep environmental impact minimal, and is essential as it is of national importance, the government has said amid calls to abort the controversial project due to ecological concerns, the Centre said in an official statement.
Sreejesh was re-elected as a member of the FIH Athletes' Committee during the virtual meeting of Executive Board.
In an affidavit filed in the apex court, the Union law ministry rejected the petitioner's claim that the two election commissioners were hastily appointed on March 14 to "pre-empt" the orders of the top court the next day, when the matters challenging the 2023 law were listed for hearing on interim relief.
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.
Investors are pushing back more often against companies' resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm Institutional Investor Advisory Services India (IiAS). Two of these have been at multiplex chain PVR and direct-to-home company Dish TV India.
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.
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.
The National Investigation Agency (NIA) on Monday arrested a top Maoist leader as it carried out raids at 62 locations across Andhra Pradesh and Telangana in the Communist Party of India-Maoist conspiracy case, an official said.
A bench of Justices Sanjiv Khanna and Dipankar Datta issued notice to the Centre on a plea filed by an NGO, Association for Democratic Reforms, and listed the matter along with other pending petitions on the issue for hearing in April.
Citing violation of party discipline, the state BJP has issued a showcause notice to Munirathna and asked him to clarify the allegations before a disciplinary committee within five days.
The 13 arrested in connection with the death of the Jadavpur University fresher allegedly due to ragging and sexual molestation at the hostel will not be allowed to either enter its premises or the campus, according to a decision by the varsity's executive council.
'Corporates who donated to political parties were guaranteed by the electoral bond scheme that their names and to who they were donating funds will be not disclosed.'
Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.
Moody has left his role as Sri Lanka's director of cricket after his contract was terminated by mutual agreement
Birj Bhushan loyalist Sanjay Singh becomes new WFI president
'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 matter come to light when Divyanshu Singh, a former student of the university, sought information under the Right to Information Act after coming to know about some students of first and second semester of the D Pharma course were passed in a test despite writing wrong answers.
Cricketers -- current and former -- shared New Zealand's pain on losing the World Cup title to hosts England on boundary count back rule following an epic final at the Lord's on July 14.
The term 'love jihad' is used by right-wing groups to allege a ploy by Muslim men to lure Hindu women into religious conversion through marriage.
Mauritius-based Hinduja group firm IndusInd International Holdings (IIHL) has informed the administrator of Reliance Capital that it is ready with its equity contribution of Rs 2,750 crore in cash to acquire the bankrupt firm, but it wants certain conditions to be met in accordance with the resolution plan before transferring the amount. IIHL has also filed an application with the Mumbai Bench of the National Company Law Tribunal (NCLT), seeking directions for the administrator and the committee of creditors (CoC) to complete all pending activities to close the transaction and not let the lenders invoke the bank guarantees provided by the firm earlier.
We have 107 days until Election Day. Together, we will fight. And together, we will win, Harris said.
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