Mendu Rammohan Rao, dean of the Indian School of Business (ISB) and an independent director on the board of Satyam Computer Services till recently, has quit the prestigious B-school, according to reports.
Aviation watchdog DGCA stations personnel at IndiGo's headquarters to monitor flight cancellations, crew deployment, and operational disruptions after thousands of flights were cancelled, causing passenger inconvenience.
'They are saying that there is a pilot shortage which is not correct, but if it was true, did they suddenly come to know this on December 5?' 'If they didn't have crew, why did they seek approval for a winter schedule? To get the approval, the operator has to show crew strength and also a buffer of crew available.' 'If they had a crew crunch, why did they ask for extra flights? Or was it something else that made them so sure that they would get away with this exemption and bans?'
In a major administrative reshuffle in the state, the Uttar Pradesh government on Friday transferred as many as 70 Indian Administrative Service officers, including 32 district magistrates and five divisional commissioners.
The government is likely to appoint a deputy governor of the RBI by this month end despite disruption in the selection process following the resignation of former Satyam Computer independent director M Rammohan Rao from the selection committee. The government has appointed a Search Committee headed by RBI Governor D Subbarao to shortlist candidates for the post of deputy governor following superannuation of V Leeladhar last month.
Satyam Computer Services did not consult Mendu Rammohan Rao, dean of the Indian School of Business and an independent director on the board of India's fourth largest IT services provider, when it called off the deal to acquire Maytas Infra and Maytas Properties following shareholder protests. Rao had chaired the board meeting that endorsed the company's proposal to buy the two firms linked to the family of Satyam's founder and chairman B Ramalinga Raju.
Dean of ISB, M Rammohan Rao on ISB's new programmes, their unique selling proposition, placement programme, their recently launched pre-doctoral programme and dearth of quality faculty crunch faced by Indian management schools.
The executive board of the Indian School of Business (ISB) has appointed Ajit Rangnekar as the new Dean of the ISB for a term of five years.
The research will be held by the centre for Global Logistics and Manufacturing Strategies at the ISB and the Indian research laboratory at IBM India. IBM is working with Carnegie Mellon University and University of California, Berkeley for research in developed economics.
The Sebi board, which met in Chennai, approved introduction of these new derivative products based on the interim recommendations made by a committee on derivatives headed by M Rammohan Rao. The new products will relate to mini-contracts on equity indices, options with longer life/tenures, volatility index and F&O (futures & options) contracts, options on futures, bond indices and F&O contracts.
The Indian School of Business plans to get accreditation from the American Association of Collegiate Schools of Business as it hopes to increase the number of foreign students, besides focusing on undertaking quality research.
Sebi has come up with long duration options, which will enable investors to hold their position in the market for three years.
The Indian School of Business, in Hyderabad, is launching a two-year pre-doctoral programme free of charge for young Indian researchers who want to study for a doctoral degree at a top US or European business school.
SEBI's intention of introducing a volatility index (V-I) and derivatives based on it for Indian markets is a welcome move.
Shiv Sena-Uddhav Balasaheb Thackeray leader Priyanka Chaturvedi on Wednesday took potshots at the rival Shiv Sena over its minister not finding a place in the reconstituted NITI Aayog.
Those joining Prime Minister Narendra Modi's council of ministers for the first time include three former chief ministers -- Shivraj Singh Chouhan (Madhya Pradesh), Manohar Lal Khattar (Haryana) and H D Kumaraswamy (Karnataka).
Here is the complete list of ministers in Modi 3.0 and their portfolios:
Going by the provisions of the new company law, the responsibility and accountability equation for independent directors has seen a major change.
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Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.
There are fathers, sons, nephews, daughters and brothers contesting the elections in Telangana this time, which makes it an interesting battle, says Vicky Nanjappa
State home minister said violation of rules has been noticed in the construction of the building.
Barely a few hours after Telugu Desam Party chief Chandrababu Naidu said at a rally that his party would fight alone in Seema-Andhra, the TDP has gone into damage control mode and says the statement was misinterpreted.
Heavy rains on Wednesday morning caused water-logging in many areas and massive traffic jams in Hyderabad, leading to people stuck on the roads.
