At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.
Godfrey Phillips executive director Samir Modi has lodged an FIR in New Delhi's Sarita Vihar police station, alleging that her mother Bina Modi and Lalit Bhasin, one of the company's board members, orchestrated an assault on him during the board meeting. It further exacerbated the ongoing feud among the late KK Modi's family members over the distribution of the Rs 12,000 crore inheritance. Bina is also the director of Godfrey Phillips.
Indian Olympic Association (IOA) treasurer Sahdev Yadav on Tuesday threatened legal action against the body's president PT Usha for "defaming" his image after she issued a show cause notice to him on the basis of a complaint challenging his eligibility to hold the post.
The All India Tennis Association claimed that Sumit Nagal demanded an annual fee of $50,000 to play Davis Cup ties for India.
WFI elections now to be held on August 7
According to police sources, Darshan's aide Nagaraj was looking after all the dealings of the actor.
This comes amid ongoing probes by lawmakers and an internal government watchdog into how the agency handled Trump's safety and how a gunman nearly killed the Republican presidential candidate for Pennsylvania during a rally this month.
'The SGM shall be a hybrid meeting as per Article 8.3 of the Constitution of the IOA. Those who are unable to join the meeting physically, can join the meeting through Webex for which the online link would be available on the website of the IOA.'
India is acquiring the drones primarily to crank up the surveillance apparatus of the armed forces, especially along the contested frontier with China.
IOA president P T Usha firmly refuted allegations made by treasurer Sahdev Yadav regarding financial loss incurred by the body due to its contract renegotiation with Reliance Industries Limited
Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%.
The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. During the meeting, ARCs will also seek clarity from the regulator on bank borrowing. While there is no regulatory ban in place, ARC sources said banks often refuse funding.
Much drama is likely to continue in the coming year, within the Sangh Parivar as well as involving the Opposition parties and, of course the BJP's allies, predicts Modi biographer Nilanjan Mukhopadhyay.
Punit Goenka has resigned as the managing director of Zee Entertainment and has been appointed as CEO to have his focus entirely on operational responsibilities assigned to him by the board of the company. The board has "accepted the resignation of Punit Goenka as managing director of the company and appointed him as CEO," said Zee Entertainment in a regulatory update.
India Head Coach Gautam Gambhir finds himself caught between a rock and hard place.
The Supreme Court of India will hear a petition challenging a district court's order to survey a Mughal-era mosque in Sambhal, Uttar Pradesh. The petition alleges that the hasty survey has led to communal tensions and violence, resulting in deaths and injuries. The petitioners argue that the survey was ordered without proper notice or hearing, and they seek a stay on the proceedings and a directive to prevent such surveys from being ordered as a matter of course in cases involving disputes over places of worship.
The development comes after Congress cracked down on Sachin Pilot, stripping the dissident leader of the posts of Rajasthan's deputy chief minister and the party's state unit president, and sacking two loyalists from the state Cabinet.
The Telecom Regulatory Authority of India (Trai) may extend the deadline to whitelist URLs (Uniform Resource Locators), APKs (Android Package Kit), or OTT (Over The Top) links - through which it intends to curb their misuse -is likely to be extended by 30 days as only over 3,000 registered senders (businesses) have complied, officials indicated. According to Trai officials, over 3,000 registered senders have whitelisted more than 70,000 links, but many more (thousands of others) are yet to comply with the directive as the mandatory norms are set to come into effect from October 1.
The International Cricket Council, on Tuesday, appointed media professional Manu Sawhney as its new chief executive officer, replacing incumbent David Richardson, who will step down after the World Cup.
The Sports Ministry said the suspended Wrestling Federation of India has no authority to conduct the Senior National Championships.
With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation into the various 'scams' involving his conglomerate.
The benchmark for the Croatian former World Cupper may seem to be a bit high but Prabhakaran said it was "the technical committee's decision and is endorsed by the executive committee."
Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times. The views were conveyed to the regulator on Monday in a conference of directors of private sector bank boards on the theme "Transformative Governance Through Sound Boards". RBI governor Shaktikanta Das, deputy governors Swaminathan J and M Rajeshwar Rao, and other senior officials of the central bank participated in the conference.
The development comes a day after a government resolution (GR) was issued, in which the state administration ordered disbursal of Rs 10 crore funds for strengthening the state Waqf Board.
India face competition from Saudi Arabia, Qatar and Turkey, who are positioning themselves as strong contenders to host the 2036 Olympics.
The Indian National Congress, India's oldest political party, is moving from its longtime headquarters at 24 Akbar Road to a new building called Indira Gandhi Bhawan. The move marks the end of an era for the Congress, which has been headquartered at 24 Akbar Road for nearly 50 years.
The AIFF executive committee also accepted the recommendation to discontinue their development side, Indian Arrows, and instead create an elite youth league using the fund.
The Supreme Court Bar Association has written to Chief Justice of India NV Ramana expressing anguish at the non-consideration of names of its members for elevation as judges in various high courts.
A bench of Justices Hrishikesh Roy and SV N Bhatti sought Tankha's response in four weeks on the plea of Chouhan and BJP state president VD Sharma and former minister Bhupendra Singh who have challenged the October 25 order of the Madhya Pradesh high court refusing to quash the defamation case.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
Facing Kerala in the quarter-finals in Pune from February 8, J&K will be looking to script history as they aim to make it to the Ranji Trophy semi-finals for the first time ever.
'In addition, we have geopolitics and politics and all the other things that will affect commodity prices.'
PML-N supremo Nawaz Sharif is still in the race for the prime ministerial slot despite his party not securing a simple majority in the Feb 8 general elections in Pakistan, some PML-N leaders said on Monday.
The feud between Indian Olympic Association (IOA) president PT Usha and revolting Executive Council members took another ugly turn after a dozen of them shot off a letter to senior IOC official Jerome Poivey accusing the legendary athlete of running the organization in an "autocratic" manner.
A five-time Olympic shooter, Randhir Singh was the lone eligible candidate for the OCA president's post.
It all started to go from bad to worse when controversial former All India Football Federation (AIFF) president Praful Patel, whose third term in office ended in December 2020, stayed in office citing a pending Supreme Court case.
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.
India's Olympic gold-medallist shooter Abhinav Bindra added another glittering feather to his illustrious career when he was elected as the second Vice Chair of the International Olympic Committee's (IOC) Athletes' Commission
On May 7, WB held its first formal meeting with the IOC which signalled the start of a formal collaboration between the two organisations aimed at establishing a pathway for boxing to remain in the Olympic Games.
Freedom At Midnight is a bold attempt to revisit the whole discourse about Partition, its causes, and the predicament under which the Congress leaders accepted it. It perfectly captures the extremely confused and complicated situation to which it seemed the only viable solution, observes Utkarsh Mishra.
