Lord Jo Johnson, younger brother of former British prime minister Boris Johnson, has resigned his non-executive directorship of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer (FPO). 'The Financial Times' newspaper referenced UK Companies House records to reveal that 51-year-old Lord Johnson had been appointed as a director of London-based Elara Capital Plc in June last year and resigned on Wednesday, the day when the Adani Group announced withdrawal of the FPO. Elara, which described itself as a capital markets business raising funds for Indian corporates, was among the bookrunners on the FPO.
New Zealand will firmly bank on their potent batting line-up to ward off Bangladesh's capable spin attack on a slow Chepauk pitch on Friday.
Besides PESB selected chairman designate B Ashok (currently Executive Director retail sales in IOC) having no board experience, the case for extending Butola's service is more compelling because all the other six directors on board of the nation's largest oil firm are retiring in next one year.
Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?
Nidhi Dubey and Swati Mahadik will join the Indian Army as officers just as their deceased soldier husbands did before them.
The stock of auto component major Bosch was up 2.5 per cent on Wednesday and in the process hit its 52-week high. Expectations of higher volumes of medium and heavy commercial vehicles' (M&HCV), rise in content supplies on account of BS VI stage 2 implementation from April, and improved profitability are some of the positives for the stock. In addition to this, the company appointed a new managing director and joint managing director last week, which will come into effect from July 1.
We need to make sensible choices that are in the long-term interest of Indian cricket -- and the game itself, suggests Indrajit Gupta.
'My adrenalin kicked in and the happiness returned! It was time to go in for the kill again.' IAF Veterans Group Captain Dilip Kumar Dass tells Air Commodore Nitin Sathe about how the IAF decimated tanks in the famous Battle of Longewala.
Investors indulged in profit booking at attractive and higher valuations
The Armed Forces Tribunal has pulled up Gen V K Singh for "showing favour" and "without jurisdiction" reviewing a central government order to promote a Brigadier belonging to his unit to the rank of Major General in October 2011 when he was the Army chief.
P2P platforms do not have the safety net. Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe for disaster, warns Tamal Bandyopadhyay.
'How was it possible for Singh to have got a government job, and that too one involving the handling of guns, had he been insane?'
In an election where every seat will matter, micro-strategising is going to be the order of the day. And in such a situation, party infighting - in all parties --could lead to unpredictable results.
An early choice will also allow Mr Rajan to do some hand-holding.
Larger firms feel that the smaller players have muddied the waters for the IBC process, leading to excessive regulation of resolution Professionals.
'I am grateful that this film has happened, it makes me so proud of the country and of the Indian Army.' Brandy Batliwala, Field Marshal Sam Manekshaw's eldest grandchild, on the man behind the hero.
'Professors can teach even when they are 90 because they don't lose their skill with words. Go deeper and there's spirituality in it.'
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.
In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.
Ravi Shankar Prasad in a review meeting of MTNL earlier this month had pulled up officials for poor network quality and slow pace of network roll-out.
Ahead of two crucial audits, the Ministry of Civil Aviation (MoCA) has proposed to allow deputy director generals (DGs) and officers of Indian Air Force (IAF) to apply for the post of chief of India's aviation regulator. The current head of the Directorate General of Civil Aviation (DGCA), Arun Kumar, has been promoted as secretary and is expected to move out some time soon. DGCA has four Deputy DGs with experience in different fields of aviation.
The suburban network, called Mumbai's lifeline, use to ferry over 70 lakh commuters daily before the coronavirus outbreak.
Buy from an established agent rather than a novice who may not be around when you need his assistance.
Tata Sons on Thursday announced the appointment of Campbell Wilson as chief executive officer and managing director of Air India. Wilson is the founding CEO of low-cost airline Scoot.
Glenn Phillips was rewarded for a brilliant season for New Zealand in the shortest format of the game and was named the ANZ Men's T20I Player of the Year award, having thrilled New Zealand supporters with 740 runs at 38.94, scored a strike rate of 148.89.
Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.
'One state-one vote may not be a good idea in this country. There are Railways, Services, universities, Maharashtra, Baroda. Their arguments have impressed upon us to some extent. We may consider the issue in future debates'
Bharti Group-backed OneWeb on Monday said it has entered an arrangement with the commercial arm of ISRO, NewSpace India Limited (NSIL), to launch its satellite in India from 2022.
'Yet, in J&K even if you are not involved in active combat, you can come under enemy fire.' 'However young a soldier is, he is not immune to action.' 'He may face challenges during the course of discharging his military duties.'
Rajasthan Chief Minister Vasundhara Raje on Wednesday announced a slew of sops, especially for the tribals, while replying to the governor's address in the state assembly.
Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.
Vrinda Rathi, Janani Narayan and Gayathri Venugopalan are set to break new ground and officiate in the Ranji Trophy.
The apex court said the Annual Confidential Report evaluation criteria for grant of permanent commission to women officers ignored the achievement and laurels brought by them to the Indian Army.
Aiming to secure berths in the world championship squad, close to 400 boxers, including the likes of five-time Asian medallist Shiva Thapa and former world bronze-winner Gaurav Bidhuri, will be competing in the National Men's Championships starting in Bellary on Wednesday.
Colonel Santosh Mahadik died during an operation in Kupwara last year. His wife Swati Mahadik says joining the Indian Army allows her to keep his memory alive.
The court also directed that the salary amount returned by Anita, who was a teacher at Indira High School in Cooch Behar district, be handed over to petitioner Babita Sarkar.
After five months of a rigorous training, the Agniveervayus passed out of the Airmen Training School, impressing the audience with the skills they had acquired in just 22 weeks of training at the IAF base.
In the face of tax blow, brokerages remain sanguine about the prospects of asset management companies (AMCs). A sharp correction in the shares of AMCs over the past three months factors in most of the negatives and turned valuations attractive, observe analysts. In its latest report, Kotak Institutional Equities (KIE) has upgraded HDFC AMC to 'add' (from 'reduce') and reprised 'add' and 'buy' ratings on the rest of the listed AMCs - Nippon, UTI, and Aditya Birla Sun Life.
A delegation from Israel's foreign ministry will be allowed to provide consular assistance from Doha for its citizens coming for the World Cup matches.
The judge also asked why the official got suspended on his latest assignment and the deponent said he was caught by the vigilance department.
