In efforts to bolster corporate governance among listed companies, Sebi on Tuesday approved various amendments to rules governing the appointment, re-appointment and removal of independent directors, including the requirement to disclose resignation letters of such individuals. There will be a one-year cooling period for an independent director transitioning to a whole-time director in the same company/ holding/ subsidiary/ associate company or any company belonging to the promoter group. As part of the review of regulatory provisions related to independent directors, the Sebi board has cleared amendments to Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Manchester United midfielder Marouane Fellaini and Leicester City defender Robert Huth have been banned for three matches by the Football Association (FA) for their violent conduct during Sunday's 1-1 Premier League draw.
West Ham United midfielder Cheikhou Kouyate is free to face Arsenal on Saturday after the Football Association rescinded the red card he received against CrystalPalace in last weekend's 2-2 Premier League draw.
Leicester City striker Jamie Vardy will serve a three-match suspension after the club's appeal against his dismissal during Saturday's 2-2 Premier League draw with Stoke City was rejected, the Football Association (FA) said on Tuesday.
West Bromwich Albion forward Nicolas Anelka has been banned for five matches and fined 80,000 for making an alleged anti-Semitic gesture in a match in December, the Football Association said on Thursday.
Air quality index (AQI) soared past 350 level in parts of Delhi on Thursday and experts cautioned that as weather turns colder it may breach the 400-mark ceiling and enter the 'severe' zone soon, notwithstanding the incidents of stubble burnings which have nosedived from 17,529 in 2020 to 4,262 this year.
Alli was caught on video deliberately swinging his arm into the stomach of West Bromwich Albion's Claudio Yacob during Monday's 1-1 draw at White Hart Lane
Hitting back at the Election Commission after it dismissed allegations about slowing down the updating of Haryana election results, the Congress on Tuesday said the poll watchdog's reply degrades the conversational level to an 'unacceptable low' and 'misrepresents crucial facts' in a vein similar to that done by the Bharatiya Janata Party.
Bournemouth defender Tyrone Mings will serve a five-match ban for violent conduct against Manchester United last weekend, the FA said on Wednesday.
Manchester City striker Sergio Aguero has been banned for three matches after being found guilty of violent conduct, the Football Association said on Friday.
R-Power had produced the test certificate claiming March 30, 2013, as the date of commissioning.
Singapore's competition regulator CCCS on Tuesday said it has given conditional approval for the proposed merger of Air India and Vistara, more than a year after the announcement of the deal. This was one of the key approvals required for the transaction. The merger of Vistara with Air India under a deal, wherein Singapore Airlines will acquire a 25.1 per cent stake in Air India, was announced in November 2022. Vistara is a joint venture between Singapore Airlines and Tata Group.
Chelsea manager Jose Mourinho has lost an appeal against the suspended one-match stadium ban and 50,000 pounds ($76,115) fine he received last month, the Football Association said on Thursday.
Newcastle United forward Papiss Cisse has been banned for seven matches and Manchester United defender Jonny Evans for six after they spat at each other during a Premier League match, the Football Association (FA) said on Saturday.
Arsenal manager Arsene Wenger has been given a four-match touchline ban after admitting a Football Association (FA) misconduct charge for appearing to push the fourth official during their Premier League win over Burnley on Sunday.
Queens Park Rangers defender Rio Ferdinand has been suspended for three matches and fined 25,000 pounds ($40,030) after he was found guilty of misconduct by the Football Association (FA) for an 'abusive' comment he made on Twitter.
Cavani suspended by FA for three games over use of racial term
Former Chief Justice of Bombay High Court, Kshitij Vyas, will pronounce his verdict next week over FSDL and FC Goa's appeal against sanctions imposed on them by Indian Super League's Regulatory Commission for boycotting the prize distribution ceremony following last edition's Indian Super League final.
The rules are being framed to maintain absolute transparency and fair play in investigations.
The process has been suspended for the time being as Agriculture, Food & Consumer Affairs Minister Sharad Pawar, a political heavyweight, is opposed to any intrusion into his turf.
Alli apologised for the offence caused by his behaviour after the FA's decision.
The five-member Regulatory Commission of the Indian Super League met in Mumbai over the three days, in continuation of its earlier sittings since February 2016, to hear the submissions of the respective parties in the matter of Football Sports Development Limited vs FC Goa; FC Goa vs Chennaiyin FC; FC Goa vs Elano Blumer and Chennaiyin FC vs FC Goa.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
Pai is the fourth Indian-American to become part of Trump's administration.
Except for the Devendra Fadnavis- led government during 2014-19, Anil Deshmukh has managed to find a berth in the state ministry irrespective of which party came to power in the last over two decades.
There is no reason for keeping an entire ministry with a total staff strength of 2,300, just for the oversight of a few aviation sector laws and regulatory bodies, notes A K Bhattacharya.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
To curb rising food prices, the Union government is contemplating using large-scale nuclear irradiation technologyfor increasing the shelf life of fruit and vegetables, particularly that of onions and potatoes.
The ship will now arrive on August 16 and remain at the Hambantota port till August 22, they said.
Pointing at regulation of environment sector as a case in point, Goyal said the sector suffered due to "over regulation as regulators are not able to justify many decisions"
The FMC had warned MCX that it would not renew contracts, allow new contracts and eventually take away the licence to run the bourse if the commodity exchange does not comply with regulatory norms.
News of all that's transpired on and off the football field
'All regulatory agencies must be made Constitutional bodies like the Election Commission, the Supreme Court, and the CAG.' 'That way they will become independent of the minister,' recommends T C A Srinivasa-Raghavan.
Talks of a merger between HDFC Bank and parent HDFC Ltd had gained steam nearly eight years ago, when the Reserve Bank of India allowed banks to issue long-term bonds to fund infrastructure and affordable housing. At that time, key executives at both entities denied any such proposal. And today, the merger has been officially announced by the two players.
A bench comprising Chief Justice D Y Chandrachud and Justice Hima Kohli said that as a division bench headed by the Gujarat high court Chief Justice has already taken a suo motu note of the incident and has passed several orders, it will not hear the petitions as of now.
Future Retail's (FRL's) independent directors have written a second letter to the Competition Commission of India (CCI), stating American e-commerce major Amazon never intended to invest in Future Coupons (FCPL) and the representations made by the US e-commerce player were completely opposite and contradictory to their own internal correspondences as submitted before courts. The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations. By actively misleading the CCI and the regulator, it has to revoke the approval granted for Amazon's investment in FCPL.
Reliance Infra-backed BSES discoms on Tuesday criticised the Delhi government for recommending to power regulator Delhi Electricity Regulatory Commission to revoke their licenses, saying the proposal was "arbitrary" and "illegal" and will be a huge setback to power sector reforms.
Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.
News of all that's transpired on and off the football field
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