News for 'Group Management Board'

'Yes Bank's Commercial Banking Segment Would Grow'

'Yes Bank's Commercial Banking Segment Would Grow'

Rediff.com12 Aug 2025

'MIB which is a part of retail, will grow in the range of 20 per cent.'

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

The Sword Of Vigilance Hangs Over Bankers

The Sword Of Vigilance Hangs Over Bankers

Rediff.com1 Aug 2025

'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.

Olympic medallist hockey legend Dr Vece Paes passes away

Olympic medallist hockey legend Dr Vece Paes passes away

Rediff.com14 Aug 2025

Dr Vece Paes, a member of the 1972 Munich Olympic Games bronze-winning Indian men's hockey team and father of legendary tennis player Leander Paes, died in Kolkata on Thursday morning.

Tears and joy: Shubhanshu's family celebrates his homecoming

Tears and joy: Shubhanshu's family celebrates his homecoming

Rediff.com15 Jul 2025

Lucknow celebrated the successful return of astronaut Group Captain Shubhanshu Shukla from the International Space Station (ISS). Family, friends, and the community rejoiced as Shukla, the first Indian astronaut to visit the ISS, made a successful splashdown in the Pacific Ocean.

India Inc promoters holding slumps to 8-yr low in Q1

India Inc promoters holding slumps to 8-yr low in Q1

Rediff.com4 Aug 2025

Promoters' ownership in private listed companies declined to an eight-year low of 40.58 per cent as of June 30, 2025, following a net share sale worth Rs 54,732 crore during the quarter, according to data from primeinfobase.com, an initiative of PRIME Database Group.

Why this deafening silence over crash, Praful Patel asks Singapore Airlines

Why this deafening silence over crash, Praful Patel asks Singapore Airlines

Rediff.com18 Jun 2025

Former Civil Aviation Minister and senior NCP leader Praful Patel on Wednesday questioned the "silence" of Singapore Airlines over the horrific crash of an Air India Boeing 787-8 Dreamliner in Ahmedabad last week.

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Rediff.com19 Jun 2025

The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.

Tata Steel Q1 profit more than doubles to Rs 2,007 crore

Tata Steel Q1 profit more than doubles to Rs 2,007 crore

Rediff.com30 Jul 2025

Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.

7-year jail, no bail, property seizure: Inside Maha's harsh new security law

7-year jail, no bail, property seizure: Inside Maha's harsh new security law

Rediff.com12 Jul 2025

The Maharashtra legislature has passed a special bill, the Maharashtra Special Public Security Bill, 2024, to curb activities of Left-wing extremist organizations, introducing strict measures and penalties for individuals and organizations involved in unlawful activities.

How To Tackle Credit Card Debt

How To Tackle Credit Card Debt

Rediff.com12 Aug 2025

'Revolving credit without full repayment causes interest to outpace repayment capacity, and leads to financial distress.'

Are Reels Guiding Your Financial Decisions? Beware!

Are Reels Guiding Your Financial Decisions? Beware!

Rediff.com25 Aug 2025

Reels often induce the FOMO-'Act now!' mentality. But sound investing is about consistency, diversification and a long-term horizon.

Amid crisis, Air India asked to remove 3 officials

Amid crisis, Air India asked to remove 3 officials

Rediff.com21 Jun 2025

The three officials include a divisional vice president of the airline, as per the DGCA order.

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

Rediff.com17 Jul 2025

State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Rediff.com4 Jun 2025

The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings

Should You Invest In Corporate Bonds?

Should You Invest In Corporate Bonds?

Rediff.com10 Jul 2025

Only a limited set of investors should invest directly in corporate bonds.

Limit Crypto Bets: 2%-5% Is Safe Zone

Limit Crypto Bets: 2%-5% Is Safe Zone

Rediff.com5 Aug 2025

Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.

The Hundred keen to feed off IPL's 'phenomenal growth'

The Hundred keen to feed off IPL's 'phenomenal growth'

Rediff.com31 Jul 2025

The Hundred looking to feed off IPL's "phenomenal growth" after drawing Indian investment

RBI turned down request to appoint ex-CBI official on board: Religare

RBI turned down request to appoint ex-CBI official on board: Religare

Rediff.com25 Oct 2024

Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.

India joins Quad allies in first-ever maritime mission

India joins Quad allies in first-ever maritime mission

Rediff.com1 Jul 2025

The coast guards of India, Japan, the US and Australia have launched the first-ever "Quad-at-sea" mission to boost operational coordination and interoperability in the Indo-Pacific.

England recall star spinner for India T20 series

England recall star spinner for India T20 series

Rediff.com13 Jun 2025

Sophie Ecclestone returns as England announce squad for T20Is against India

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Rediff.com7 Jul 2025

The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.

42 Years On... Where Are Kapil's Devils Now?

42 Years On... Where Are Kapil's Devils Now?

Rediff.com25 Jun 2025

42 years of World Cup triumph: A Day that made Indian cricket what it is

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

Want 2 Cr In 5 Yrs? Your SIPs Should Be...

Want 2 Cr In 5 Yrs? Your SIPs Should Be...

Rediff.com18 Aug 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

'Nothing As Heartbreaking As This'

'Nothing As Heartbreaking As This'

Rediff.com17 Jun 2025

'We consider everyone who lost someone in this tragedy as part of our family -- now and forever.'

Crash Puts Spotlight On DGCA Warnings To Air India

Crash Puts Spotlight On DGCA Warnings To Air India

Rediff.com20 Jun 2025

The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.

Public-promoter confusion deepens with switches across companies

Public-promoter confusion deepens with switches across companies

Rediff.com24 May 2025

There have been multiple instances of the same entity appearing as both a public shareholder as well as under the promoter classification in some listed companies. And this dual-classification happened in the same quarter, according to data compiled by primedatabase.com.

'Indian Cricket Changed My Life'

'Indian Cricket Changed My Life'

Rediff.com16 Jul 2025

'I have a deep affection for Indian cricket. If someone asked me to come back, I wouldn't say no.'

Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 cr dues

Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 cr dues

Rediff.com6 Jun 2025

Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems.

'We Were There At Every Crew Funeral': AI CEO

'We Were There At Every Crew Funeral': AI CEO

Rediff.com21 Jun 2025

'We will continue supporting those affected long after the work in Ahmedabad is done.'

If Your Mutual Fund Shuts, Is Your Money Safe?

If Your Mutual Fund Shuts, Is Your Money Safe?

Rediff.com16 Jul 2025

Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.

NSE's Rs 1,388 cr Sebi plea could pave way for IPO

NSE's Rs 1,388 cr Sebi plea could pave way for IPO

Rediff.com26 Jun 2025

The National Stock Exchange (NSE) has offered to pay Rs 1,388 crore to the Securities and Exchange Board of India (Sebi) to settle the colocation and dark fibre cases, potentially clearing the way for its much-awaited initial public offering (IPO). This is the biggest-ever settlement plea made with the markets regulator.

Tears of joy as Shubhanshu's parents watch him create history

Tears of joy as Shubhanshu's parents watch him create history

Rediff.com25 Jun 2025

The celebrations are set to continue through the day. CMS also arranged a live AXIOM mission broadcast, a replica of the ISS Cupola module, a "Defy Gravity" photo booth, telescope viewings, and a simulated Mission Control Centre.

LIC Q4 profit jumps 38% to Rs 19,013 cr

LIC Q4 profit jumps 38% to Rs 19,013 cr

Rediff.com27 May 2025

State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. The country's biggest insurer had earned a profit of Rs 13,763 crore in the corresponding quarter a year earlier.

Smart Fixes for Low Savings Problem

Smart Fixes for Low Savings Problem

Rediff.com20 Jun 2025

Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

Rediff.com9 Jun 2025

HDFC Bank on Sunday said that it will "pursue all lawful remedies" to recover public funds and address the retaliatory actions taken by the Mehta family of the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has filed a complaint against the bank's managing director (MD) & chief executive officer (CEO) Sashidhar Jagdishan alleging financial fraud.