News for 'Rights Issue Committee of the Board of Directors'

'Cyber attackers are 10 steps ahead'

'Cyber attackers are 10 steps ahead'

Rediff.com4 Apr 2023

'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'

Missing Nepal plane found crashed, 21 bodies recovered

Missing Nepal plane found crashed, 21 bodies recovered

Rediff.com30 May 2022

Rescuers on Monday recovered 20 bodies from the wreckage site of the Tara Air plane that crashed in Nepal's mountainous Mustang district on Sunday with 22 people on board, including four Indians, minutes after taking off from the tourist city of Pokhara, officials said.

Focus on Thakur's affidavit ahead of BCCI SGM

Focus on Thakur's affidavit ahead of BCCI SGM

Rediff.com14 Oct 2016

Board of Control for Cricket in India president Anurag Thakur's affidavit, to be submitted in the Supreme Court, will be the focal point of discussions when the BCCI's affiliated units meet for a Special General Meeting (SGM) in New Delhi on Saturday to deliberate upon implementation of the Lodha Committee reforms.

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

Rediff.com8 Oct 2020

It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.

Coach Kumble wants Team India to 'win on all surfaces, in all conditions'

Coach Kumble wants Team India to 'win on all surfaces, in all conditions'

Rediff.com28 Jun 2016

Newly-appointed India coach Anil Kumble dismissed reports of conflict of interest between his new job and his involvement in a sports firm as well as heading the International Cricket Council's Cricket Committee.

'Superstar chairmen across corporate India don't want to give up power'

'Superstar chairmen across corporate India don't want to give up power'

Rediff.com3 Nov 2016

The Tata Sons controversy has raised governance concerns. Arun Duggal and Mohandas Pai on the role of independent directors in such conflict situations.

IOC lifts restrictions imposed on India with regards to hosting international events

IOC lifts restrictions imposed on India with regards to hosting international events

Rediff.com21 Jun 2019

In a letter addressed to Indian Olympic Association President Narinder Batra, IOC's Director (Olympic Solidarity and NOC Relations) James Macleod expressed the world body's satisfaction with the written guarantee from the Indian government on the issue.

CSR non-compliance: Breather for Corporate India

CSR non-compliance: Breather for Corporate India

Rediff.com14 Aug 2019

A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.

Don't try to take advantage of BCCI's current mess, warns Shastri

Don't try to take advantage of BCCI's current mess, warns Shastri

Rediff.com16 Feb 2017

A few nations are making a big mistake by trying to take advantage of the current mess that Indian Cricket Board is in.

Kapil says won't depose before BCCI ethics officer

Kapil says won't depose before BCCI ethics officer

Rediff.com17 Dec 2019

A livid Kapil Dev said he will not go to Mumbai and called the conflict of interest allegations against him and the CAC 'a publicity stunt'. In the complaint filed by Madhya Pradesh Cricket Association (MPCA) life member Sanjeev Gupta, it has been claimed that Kapil and Anshuman Gaekwad don multiple cricketing roles.

Govt's 'snooping' order headed to SC

Govt's 'snooping' order headed to SC

Rediff.com22 Dec 2018

'With the top court's judgment declaring the Right to Privacy a Fundamental Right, the powers under the provision need to be looked afresh.' 'To utilise such sweeping powers in the right manner will also be a challenge.'

DIPP likely to expand definition of 'control'

DIPP likely to expand definition of 'control'

Rediff.com19 Jun 2013

May include 'influencing a company's major policy decisions' in the current meaning.

Why more changes are likely in bankruptcy law

Why more changes are likely in bankruptcy law

Rediff.com28 Jan 2018

Corporate Affairs Secretary Injeti Srinivas said the issue is how the interests of stakeholders are to be balanced

Should Sebi be given such 'draconian' powers?

Should Sebi be given such 'draconian' powers?

Rediff.com10 Aug 2018

Interception of electronic communication should also be covered in the powers being sought, the report said.

Will India Inc separate chairman and CEO roles?

Will India Inc separate chairman and CEO roles?

Rediff.com10 Jan 2020

If India Inc sincerely feels the separation of posts is not a good governance measure, it must spell out its doubts clearly to Sebi and give cogent arguments rather than mundane ones like India is different, argues J N Gupta, member, Kotak committee on corporate governance reforms.

'All that happened about a year ago': Mazumdar-Shaw on Infy 'rift'

'All that happened about a year ago': Mazumdar-Shaw on Infy 'rift'

Rediff.com9 Feb 2017

Refutes claims of differences between board, founders and Sikka; board needs to do better scrutiny, says Mohandas Pai.

Legal quirks: When control overtakes ownership

Legal quirks: When control overtakes ownership

Rediff.com25 Jun 2013

Non-uniform definition of control makes foreign investors wary, raise corporate governance issues.

Govt says RBI did not consult it over important decisions

Govt says RBI did not consult it over important decisions

Rediff.com30 Oct 2018

'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.

New Sebi norms a step ahead of Companies Act

New Sebi norms a step ahead of Companies Act

Rediff.com15 Feb 2014

Sebi has pushed for better corporate governance of listed companies through measures such as the need for a succession policy

Facebook employees abusing PM: IT minister To Zuckerberg

Facebook employees abusing PM: IT minister To Zuckerberg

Rediff.com1 Sep 2020

In a three-page letter to Facebook Chief Executive Zuckerberg, Prasad alleged "bias and inaction" by individuals in Facebook India team on complaints by people supportive of right-of-centre ideology.

National Medical Commission Bill: Busting misconceptions

National Medical Commission Bill: Busting misconceptions

Rediff.com3 May 2018

Dr Arun Jamkar, former vice chancellor, Maharashtra University of Health Sciences, makes a strong case for reforming Indian medical education and believes that the National Medical Commission Bill is historic.

Srinivasan, CSK face bleak future after Supreme Court rap

Srinivasan, CSK face bleak future after Supreme Court rap

Rediff.com27 Nov 2014

Uncertainty over the possibility of Board of Control for Cricket in India's president-in-exile Narayanaswami Srinivasan making a comeback and the survival of the Chennai Super Kings in the Indian Premier League deepened on Thursday as Supreme Court threw suggestions whether those named in the Mudgal Committee could be kept out of the BCCI elections and whether the CSK franchise could be scrapped.

Why privatising PSBs is not feasible

Why privatising PSBs is not feasible

Rediff.com28 Apr 2018

India has a long way to go before it develops a culture of professional boards accountable to institutional investors. There is, therefore, no realistic alternative to reforming and strengthening PSBs under government ownership, says T T Ram Mohan.

'Golden period' ahead for Indian cricket: BCCI prez

'Golden period' ahead for Indian cricket: BCCI prez

Rediff.com12 Jul 2017

Besides Shastri, Rahul Dravid has been appointed as the team's overseas batting consultant and Zaheer Khan as the bowling coach by the three-man CAC team.

Kamra ban: 'Minister created pressure on airlines'

Kamra ban: 'Minister created pressure on airlines'

Rediff.com30 Jan 2020

The move by four airlines -- IndiGo, Air India, SpiceJet and GoAir -- to suspend the stand-up comedian raises fears that the government can use the no-fly list to settle political scores, undermine the freedom of citizens.

Will Chanda Kochhar take ICICI Bank to court?

Will Chanda Kochhar take ICICI Bank to court?

Rediff.com4 Feb 2019

Most legal experts indicate the former ICICI Bank CEO will take the matter to court. Her contention will be she can't be fired and called guilty without proof.

Is Shastri among the contenders for new India coach's job?

Is Shastri among the contenders for new India coach's job?

Rediff.com19 Aug 2015

Board of Control for Cricket in India's secretary Anurag Thakur on Wednesday left for Colombo where he will be meeting Indian cricket team's director Ravi Shastri on the sidelines of the second Test against Sri Lanka, starting on Thursday.

Infy CEO Vishal Sikka gets thumbs-up from investors

Infy CEO Vishal Sikka gets thumbs-up from investors

Rediff.com11 Feb 2017

Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.

Onus on disproving conflict of interest on Srinivasan, says SC

Onus on disproving conflict of interest on Srinivasan, says SC

Rediff.com2 Dec 2014

The Supreme Court on Monday put the onus on Board of Control for Cricket in India president-in-exile Narayanaswami Srinivasan to prove that there was no conflict of interest involving him that came in the way of a probe into the IPL-6 scam and took strong exception to his counsel "repeatedly" naming Finance Minister Arun Jaitley in the proceedings.

Why splitting banks' CMD post is a half-baked move

Why splitting banks' CMD post is a half-baked move

Rediff.com2 Jan 2015

Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.

Why were the BK 16 Arrested?

Why were the BK 16 Arrested?

Rediff.com17 Jul 2021

None of them had anything to do with the violence at Bhima Koregaon, where they were not even present, points out Aakar Patel.

ICC overhaul: Cricket South Africa opposes 'flawed' power structure plan

ICC overhaul: Cricket South Africa opposes 'flawed' power structure plan

Rediff.com21 Jan 2014

Cricket South Africa has opposed the structural overhaul of the ICC which will cede executive decision-making to India, Australia and England, calling for an immediate withdrawal of the "fundamentally flawed" proposal.

Verdict on the RBI: Not guilty

Verdict on the RBI: Not guilty

Rediff.com9 Feb 2017

'The critics are getting carried away.' 'The challenge for the RBI is not any erosion of autonomy caused by demonetisation.' 'It's the whole attempt to reduce the RBI's stature and role that has been under way,' says T T Ram Mohan.

E-sports, breakdancing win 2022 Asian Games spots

E-sports, breakdancing win 2022 Asian Games spots

Rediff.com18 Dec 2020

Breakdancing, considered one of the pillars of hip-hop culture, will also make its Asian Games bow in 2022, two years before it features in the Olympics for the first time in Paris.

IITs being used for 'anti-India, anti-Hindu' activities: RSS mouthpiece

IITs being used for 'anti-India, anti-Hindu' activities: RSS mouthpiece

Rediff.com19 Jul 2015

Organiser, the Rashtriya Swayamsevak Sangh's organ, has alleged that prestigious institutes like Indian Institute of Technology were being turned into places for "anti-India and anti-Hindu" activities.

IndiGo: A saga of mistrust, broken friendship and a bruised airline

IndiGo: A saga of mistrust, broken friendship and a bruised airline

Rediff.com25 Jul 2019

Whatever the final outcome of this unhappy episode, one thing is clear: a glass once cracked cannot be fixed. The trust is gone forever and the relationship between two old friends lies in tatters. For now, IndiGo, the airline, will have to learn to soar with two angry and distracted commanders, says Anjuli Bhargava.

IPL GC meet: The day Ajay Shirke stood up alone

IPL GC meet: The day Ajay Shirke stood up alone

Rediff.com19 Jul 2015

Ajay Shirke raised termination issue, doesn't find support during the IPL Governing Council meeting in Mumbai.

Can Shaktikanta Das be a peacemaker between RBI, govt?

Can Shaktikanta Das be a peacemaker between RBI, govt?

Rediff.com27 Dec 2018

If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.

'India has adequate forex to manage challenges'

'India has adequate forex to manage challenges'

Rediff.com15 Jul 2015

India's forex reserves recently declined by $704 million to $354.517 billion.

What Pakistan plans to do with a new political map

What Pakistan plans to do with a new political map

Rediff.com8 Aug 2020

India cannot afford to be complacent about a possible Pakistan resort to military options across the LoC, warns Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.