Markets regulator Sebi on Tuesday proposed to rationalise the definition of 'promoter group' and move to the concept of 'person in control' as well as reduce the minimum lock-in periods for promoters' and other shareholders post an IPO. In a consultation paper, the watchdog has also suggested streamlining the disclosures requirement of group companies. The Securities and Exchange Board of India (Sebi) has sough comments from public on the proposals till June 10.
Ramoji Rao lived as the interface between business and politics and was an active participant in both for most of his remarkable life.
It took note of the fact that India is due to host the FIFA Under-17 Women's World Cup from October 11.
Are you ready to take control of your financial future? Ramalingam Kalirajan offers a step-by-step guide to calculate exactly how much money you will need when you enter your golden years.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
HDFC Bank's January-March quarter result, which came in-line with expectations, failed to enthuse investors. The reason? The management's decision to abstain from providing any specific growth guidance, and analysts' expectations of an arduous road to recovery. Analysts believe the path to normalisation of several growth metrics is unlikely to be a straightforward one, and the road to balance sheet realignment may be long.
Virat Kohli's string of low scores would be a concern for India when they play against Canada in their final group match of the T20 World Cup.
Ramalingam Kalirajan explains the pros and cons of both investment types.
Walt Disney Co and Reliance Industries on Wednesday announced signing of binding pacts to merge their media operations in India to create a Rs 70,000 crore behemoth. Reliance and its affiliates will hold 63.16 per cent in the combined entity while Disney will hold the remaining 36.84 per cent, the companies said in a statement.
Do you have questions about CAT, XAT, CMAT or CET? rediffGURU Patrick Dsouza will answer them.
After a month and half of topsy-turvy ride, eight teams have managed to steer themselves clear of other 24 contenders to enter the Ranji Trophy quarterfinals.
HR Guru Mayank Rautela offers practical advice.
Dr Bala Krishnamoorthy, I/C Dean, School of Business Management, SVKM's Narsee Monjee Institute of Management Studies, tells you how to make the right choice.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
The dealers operating in the space have jumped nearly three times over the past two years.
...Even if it means less democracy, so that their everyday problems get solved? argues R Jagannathan.
More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
In a massive setback to Delhi Chief Minister Arvind Kejriwal, the Delhi high court on Tuesday dismissed his petition challenging his arrest in a money laundering case stemming from the alleged excise scam, saying there was no contravention of legal provisions.
Mikel Arteta's team are third with 61 points after 27 games, a point behind Manchester City
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Ranneeti: Balakot And Beyond veers between intriguing and boring, observes Deepa Gahlot.
How much do you know about the Vibrant Gujarat Global Summit 2024?
Now that the economy is growing at a higher-than-expected rate, it is time to accelerate the pace of fiscal consolidation, and the Budget could be a good starting point, argues Rajesh Kumar.
Cash-strapped edtech firm Byju's' parent company said on Monday it will raise $200 million by way of a rights issue to all its equity shareholders, aiming to support growth and achieve operational sustainability. The proposed rights issuance by Think and Learn Private Limited (TLPL) will fund capital expenditure and support general corporate purposes. As the largest shareholders, the founders of Byju's have personally invested more than $1.1 billion in the company in the last 18 months.
Airfares have nearly doubled in a matter of days on routes hit by the cancellation of 200 weekly flights linking Mumbai airport to 12 cities. The fares have soared as high as 193 per cent following a recent government order to cancel flights to ease "persistent congestion" that was causing delays. Aside from the reduction in flights on 12 routes, two destinations - Hubli and Jabalpur - have lost connectivity with Mumbai since last week, according to aviation analytics firm Cirium's data reviewed
England didn't get execution right under pressure at World Cup, says fielding coach Hopkinson
Starc was bought by KKR ahead of IPL 2018 but an injury had ruled him out of that season.
While selecting a smallcap scheme, go with one that has a good track record and a stable fund manager.
'Rahman was a guiding star. He was a co-film-maker rather than just a music director.'
Facing opposition fire for exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters.
India finished at the bottom of Group G, having earlier lost to China 1-2.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
'We are cautious only on sub-sectors that have seen massive melt-up during the past six months.'
Stake sales by promoters and private equity/venture capital (PE/VC) investors this year are already exceeding twice those of last year. So far this calendar year, the selling stands at over Rs 87,400 crore, 2.2 times the Rs 39,700 crore worth of shares sold by promoters and PE/VCs in 2022. This year's tally has received a boost from stake sales by Adani group promoters.
Bayern expect a top performance against Manchester United, says Tuchel
Rahul Dravid said he enjoyed every bit of his coaching tenure.
Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.
Parag credited Sangakkara for making things easier for him as he was easy to approach.
The EC said polling percentage in the Anantnag-Rajouri seat in Jammu and Kashmir is the highest in 40 years.
An approximate voter turnout of 59.06 per cent was recorded in the sixth phase of the Lok Sabha elections on Saturday in 58 constituencies across six states and two Union territories with the polling percentage in the Jangal Mahal region of West Bengal touching 78.19.