Independent directors of Raymond Ltd on Friday said they are monitoring the situation arising out of the matrimonial dispute of company's Chairman and Managing Director Gautam Singhania to ensure it does not affect his capacity to manage the affairs and business of the firm. In a joint communication shared on BSE by the company, the independent directors also said they have decided to retain Berjis Desai, a senior independent legal counsel, who has no links with promoters or the company, for advising them.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
A smart city strives to minimise waste of resources.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
How do you avoid being laid off? If you have been let go, what should you do next? Ask rediff Career Gurus to find out.
'I don't think we have ever seen such alignment of everything that we need in the banking sector.'
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.
Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.
The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.
'Companies are coming to the campuses, and we have companies booking their slots for the placement season, but the overall number of companies signing is low, and the hiring numbers are also lower.'
The World Bank has appointed Indermit Gill, an Indian national, chief economist and senior vice-president for development economics at the multilateral development bank. "Indermit Gill brings to this role a combination of leadership, invaluable expertise and practical experience working with country governments on macroeconomic imbalances, growth, poverty, institutions, conflict, and climate change," World Bank President David Malpass said in a statement. His appointment will be effective September 1, 2022.
News of all that's transpired on and off the football field
"The current border situation is overall stable," the Chinese diplomat said.
Hotels Malari Inn and Mount View, which have developed more cracks, will be demolished on Tuesday.
Whenever there is an evaluation scheme, it is human tendency to score as high as possible. None would like to highlight their shortcomings, and everyone likes to highlight their positives. This is what is happening in this context of rankings as well, points out Profesor N Ravichandran.
'You have to have commitment to both, but it has to be done at the individual level.'
While managing their finances, individuals can make it a rule to seek advice from an expert or feedback from a trusted colleague or friend.
"There are democratically elected institutions to look into it. Everything important should not come to us. We will list it on January 16," the CJI said.
Other reputed firms like McKinsey, Boston Consultancy Group, PwC, Ernst & Young and KPMG had also applied for getting the mandate from Bandhan.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
"As I was working on agriculture, my family wanted me to take over the management of our plantations. But my aim was to master the art of developing new varieties, that is genetics and breeding. As the proverb has it, we reap what we sow. Consequently, sowing the right things is very important," M S Swaminathan had once said.
HDFC Bank has reshuffled the portfolios of its senior management team. This is the first major rejig after the amalgamation of HDFC Ltd on July 1. "The runway for our growth is large. This change is being done to bring in a very sharp focus on leveraging what we have built and for enhanced execution," said Sashidhar Jagdishan, managing director and chief executive of HDFC Bank, explaining the reason for this overhaul.
An influential professor of eminence and one who has been credited for having hauled up the fortunes of IIM Lucknow, and the MDI, Dr Pritam Singh talks about what ails Indian education and the possible solutions.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
This year's theme is 'Yoga at Home and Yoga with Family' and people will be able to join the celebrations virtually at 7 am on June 21.
Mumbai-based author Ranjit Hoskote has quit the Finding Committee for the upcoming Documenta art festival in Germany, following criticism for signing a letter that compared Zionism and Hindu nationalism.
'The Weather Channel argues that India faces the gravest challenge: Climate change-induced health vulnerability.' 'This is an issue often neglected, alerts Claude Arpi: "Prolonged summers, unpredictable rains, floods, droughts, and rising sea levels are the harsh realities of climate change in the country. These factors increase the frequency and severity of illnesses, pushing people into poverty, and forcing migration".'
On January 10, the top court had refused urgent hearing of the plea, saying there are 'democratically elected institutions' to deal with the situation and all important matters should not come to it.
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
The Indian Institute of Management Ahmedabad (IIM-Ahmedabad) on Friday said that the Sanskrit motto has not been dropped from its proposed new logo.
The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.
The government on Tuesday said it will allow setting up of world-class foreign universities in Gandhinagar's GIFT City, free from domestic regulations, to facilitate availability of skilled manpower in the financial services space. In addition, an international arbitration centre will be set up in the GIFT City for timely settlement of disputes under international jurisprudence, Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2022-23. The centre could be on the lines of the Singapore International Arbitration Centre, or the London Commercial Arbitration Centre.
'... are losing faith in the institutions of government, where people do not believe that the institutions of government operate according to the Constitution, within the confines of the law, where these institutions are seen to be representing a small faction of a particular community against all other (minority) communities.'
Dr Shreekant Sambrani pays tribute to M S Swaminathan, renowned agricultural scientist and a lifelong crusader against hunger who passed away in Chennai recently.
'When there was no crime committed, everything had to be fabricated. They see it as a war, and everything is fair in love and war.'
Till date eight cases of the disease have been detected in India, out of which five have foreign travel history, the minister of health and family welfare said.
The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.