The Reserve Bank of India (RBI) has granted approval for UAE-based Emirates NBD (ENBD) PJSC to acquire up to a 74 per cent stake in RBL Bank for $3 billion, marking the largest foreign investment ever in a domestic Indian bank.
Rajasthan Royals are seeking an indemnity waiver from the Rajasthan government to host IPL matches in Jaipur due to safety concerns raised about the Sawai Mansingh Stadium.
The Competition Commission of India, following its preliminary inquiry, said the airline appeared to have caused an appreciable adverse effect on competition by restricting its services.
'It interferes in administrative matters of institutions, robbing them of their independence in day-to-day affairs and appointments.'
The artificial intelligence (AI) ecosystem is opaque and needs to be made transparent and accountable, said Competition Commission of India's (CCI) Chairperson Ravneet Kaur at the Business Standard Manthan Summit on Wednesday.
The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of the insurance business, according to industry experts.
'Once the actual scope is understood, it becomes evident that the framework is about internal redress and course correction, and in no way criminalisation.'
After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.
The Bill is likely to pave the way for amending two existing legislations -- the Atomic Energy Act 1962, and the Civil Liability for Nuclear Damage Act 2010.
The board of InterGlobe Aviation, the parent of IndiGo, has already set up a crisis management group in the wake of the significant operational disruptions that started on December 2.
Millwall goalkeeper Liam Roberts has had his suspension for a high-footed challenge on Crystal Palace forward Jean-Philippe Mateta extended to six matches, the FA said on Friday.
Norwich City winger Borja Sainz has been suspended for six matches and fined 12,000 pounds ($14,749) for spitting at an opponent.
Aviation regulator DGCA intensifies scrutiny of IndiGo following widespread flight cancellations. The airline will offer travel vouchers to affected passengers.
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
Mac Allister was shown a red card for a high tackle on Ryan Christie in the 58th minute.
Patel emphasised that one of the most important features of the bill is the establishment of a dedicated tribunal for resolving disputes, reducing the burden on the judiciary and ensuring quicker justice.
Van Dijk was sent off for fouling Alexander Isak during the first half and appeared to remonstrate with referee John Brooks before walking off the pitch.
'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
FA bans Ronaldo for two games for smashing fan's phone in April
Chelsea manager Thomas Tuchel has been banned from the touchline for one-game by the Football Association (FA) following the confrontation with Tottenham Hotspur boss Antonio Conte at the end of Sunday's heated Premier League draw at Stamford Bridge.
The German apologised for his conduct after the game and said that he should have dealt with the situation differently.
The Centre has granted absolute powers to the Delhi lieutenant governor to constitute any authority, board and commission such as the Delhi Commission for Women and the Delhi Electricity Regulatory Commission.
IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.
Eriksen sends message of support to Lockyer following cardiac arrest
Chelsea midfielder John Obi Mikel has been given a three-match ban and a 60,000 pounds fine after admitting a charge of using threatening or abusive language towards referee Mark Clattenburg after a home defeat by Manchester United in October.
Suarez accepted a charge of violent conduct after the incident in the 2-2 Premier League draw at Anfield on Sunday but disputed the FA view that it merited more than a three-game ban.
Chelsea midfielder Frank Lampard has escaped a three-game ban after his red card against Liverpool was overturned. 'At an independent Regulatory Commission hearing today, a claim for wrongful dismissal from Chelsea midfielder Frank Lampard was upheld,' the FA said on its website.
Chelsea captain John Terry will be available for Sunday's Premier League clash against champions Manchester United after winning his appeal against a red card.
West Ham United face sanctions after the FA said the Premier League club had been found guilty on two charges of crowd trouble at a League Cup match against Millwall at Upton Park last August.
CrystalPalace forward Connor Wickham has been handed a three-match ban for elbowing Tottenham Hotspur's Belgium defender Jan Vertonghen in last weekend's Premier League game, the FA said on Friday.
West Ham United have been fined 115,000 pounds by the Football Association following a pitch invasion by their fans in a League Cup tie against Millwall. The FA said on Friday that the Premier League club had been found guilty by an Independent Regulatory Commission of breaking rules on controlling fans.
Chelsea striker Diego Costa must serve an extra one-match ban after being sent off in last month's FA Cup tie at Everton, the Football Association said on Friday. "Following an Independent Regulatory Commission hearing on Thursday, Chelsea's Diego Costa has been given a one-match suspension, fined 20,000 pounds ($28,600 ) and warned as to his future conduct," the ruling body said in a statement. Costa admitted a charge of improper conduct in relation to his behaviour after he was shown a second yellow card in the FA Cup quarter-final at Goodison Park.
Chelsea goalkeeper Thibaut Courtois will miss the champions' visit to Manchester City on Sunday after an appeal against a red card for the Belgian international was rejected by the Football Association.
Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.
Chelsea manager Jose Mourinho has been fined 25,000 pounds ($38,000) by the FA after claiming there was a "campaign" to influence referees' decisions against his team.
Both managers were fined by the FA but only Tuchel will serve a ban as he was found "largely culpable" for the fracas following the managers' post-match handshake.
West Ham United will know later on Friday whether Andy Carroll will have to complete a three-match suspension after the English FA agreed to an arbitration hearing following a failed appeal against his red card in a Premier League match last week.
Liverpool will be without defender Martin Skrtel for three games after he was suspended on Wednesday for a stamp on Manchester United goalkeeper David de Gea during Sunday's Premier League defeat at Anfield.
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