At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.
The Modi government wants to have a smooth relationship with the DMK government.
Micro-cap stocks are in the line of fire as market regulator Securities and Exchange Board of India (Sebi) is tightening its noose around investment in small-cap stocks. Given this, analysts suggest investors exit the segment, at least, for the time being. Independent market analyst, Ambareesh Baliga, for instance, said that regulators have gotten worried on the valuation front, though belated, which could prove to be the last straw on the camel's back.
"Storm of lies becomes so big at times that even day appears to be night but the Sun does not lose its light. People should not be swayed by this storm. Truth is that I did not tolerate insult to Udham Singh yesterday," the Bhopal MP tweeted.
An anonymous letter threatening to kill Rahul Gandhi at an election meeting in Puducherry has been received by a senior Congress leader V Narayanasamy.
Prime Minister Narendra Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions as the Bharatiya Janata Party on Sunday released its manifesto, prioritising development and welfare while shunning populist measures and contentious issues like the National Register of Citizens (NRC).
In a significant win for the Adani group, the Supreme Court on Wednesday refused to transfer the probe into allegations of stock price manipulation by the Indian corporate giant to a special investigation team or the CBI, saying market regulator SEBI was conducting a "comprehensive investigation" and its conduct "inspires confidence".
The Supreme Court adjourned to Tuesday the hearing on a plea of the Securities and Exchange Board of India (SEBI) seeking extension of six months to complete a probe into allegations of stock price manipulation by the Adani group. The hearing on the market regulator's plea and PILs could not take place on Monday due to paucity of time and on account of scheduled hearing of certain matters before a special bench at 3 pm. A bench comprising Chief Justice D Y Chandrachud and justices P S Narasimha and J B Pardiwala on May 12 had said it would consider granting three more months to Sebi for concluding its probe into the allegations of stock price manipulation and lapses in regulatory disclosure.
The state government last week announced the schedule for holding elections to local bodies and panchayats in the state.
Justifying his arrest, the ED said Kejriwal had been arrested bona fide and not for any mala fide or extraneous reasons.
24 hours before campaigning ends in Thiruvanathapuram, Archana Masih/Rediff.com discovers Shashi Tharoor and his BJP rival Rajeev Chandrasekhar are busy getting their message across to voters.
'The prime minister is talking to his Chachaji and he is crying in the PM's lap, it was such an emotional scene.'
Senior Indian Police Service officer Archana Ramasundram was today appointed Director General of Sashastra Seema Bal, the first woman to head a paramilitary force.
India voted in favour of a resolution that condemns Israeli settlement activities in the Occupied Palestinian Territory.
Obama made no reference to any country in his speech but said that his administration works to promote religious freedom around the globe.
Rahul is scheduled to address a rally of the Congress-Dravida Munnetra Kazhagam alliance on Tuesday at Karaikal in Puducherry.
Pilot, who has returned to the Congress fold after a month-long rebellion against Chief Minister Ashok Gehlot, made the remarks during the debate on a motion of confidence moved by the ruling party in the Rajasthan Assembly.
Several Bharatiya Janata Party-ruled states in the country, including Gujarat and Assam, have expressed their keenness to follow the Uttarakhand UCC as a model.
A poster war has erupted between ruling Janata Dal-United and opposition Bharatiya Janata Party in Gaya ahead of Prime Minister Narendra Modi's visit to the holy city to address a party rally scheduled for Sunday.
Prime Minister Narendra Modi, who reached Ahmedabad over an hour before Trump did, was present at the airport to welcome the US president at the airport.
The redevelopment project of the Central Vista -- the power corridor of the country -- envisages a new triangular Parliament building, a Common Central Secretariat and the revamping of the three-km-long Rajpath from the Rashtrapati Bhavan to India Gate and new residences for the prime minister and the vice president.
'A false promise of marriage cannot be called rape.' 'The police register it as rape. But you are acquitted finally.' 'In the meantime the man's name is spoilt.'
Rediff.com rewinds the clock as it struck Noon to unravel how things went awfully wrong in Parliament on Thursday
The infighting between the two promoters of Hikal-Baba Kalyani and sister Sugandha Hiremath-has put the company's growth at stake, InGovern has said in a note. The corporate governance firm has called for a change in the management and an overhaul of its board to protect the interest of minority shareholders, who own almost a third of the specialty chemicals company. The Kalyani and Hiremath families are mired in a legal dispute, with the latter seeking transfer of ownership of shares held by the Kalyani group, citing nearly three-decade old family arrangement.
A Supreme Court-appointed committee to probe the security breach during Prime Minister Narendra Modi's visit to Punjab in January has found that the Ferozepur Senior Superintendent of Police failed to discharge his duty though sufficient force was available.
United States Secretary of State Antony Blinken reiterated his country's stance against an immediate ceasefire in Gaza during his meetings with key Middle Eastern leaders on Saturday, CNN reported.
If you are pregnant or obese you are at higher risk of swine flu.
The Central Bureau of Investigation on Friday questioned West Bengal Governor M K Narayanan as a "witness" in connection with its probe into allegations of bribery in the Rs 3600-crore VVIP chopper deal with Anglo-Italian firm AgustaWestland.
The Delhi police on Tuesday arrested two persons including NewsClick founder Prabir Purkayastha in connection with a probe in the portal's foreign funding, officials said.
After releasing cheetahs in special enclosures at the Kuno National Park (KNP) in Madhya Pradesh on Saturday, Prime Minister Narendra Modi told 'cheetah mitras' (friends) to protect the carnivores and ensure that human-animal conflict is avoided.
The Central Bureau of Investigation on Wednesday recorded the statement of former Intelligence Bureau Director and Andhra Pradesh Governor E S L Narasimhan as witness in connection with allegations of bribery in purchase of 12 VVIP helicopters from Ango-Italian firm AgustaWestland.
The Central Bureau of Investigation will soon record the statement of former Director, Intelligence Bureau and Governor of Andhra Pradesh E S L Narasimhan as witness in connection with allegations of bribery in purchase of 12 VVIP helicopters from Ango-Italian firm AgustaWestland.
The resolution, sponsored among others by Algeria, Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates and Palestine, demanded an immediate humanitarian ceasefire in Gaza and reiterated its demand that all parties comply with their obligations under international law, "notably with regard to the protection of civilians."
"I condemn in the strongest terms the ordinance passed by the Seattle City Council. Caste discrimination simply doesn't exist now," Niraj Antani, the first Hindu and Indian-American state senator in Ohio's history, said.
Mumbai's Church of St John the Evangelist or Afghan Church looks today as good as it did 158 years ago.
A court in Varanasi on Friday directed the Archaeological Survey of India to conduct a "detailed scientific survey" -- including excavations, wherever necessary -- to determine if the Gyanvapi mosque located next to the Kashi Vishwanath temple is built upon a temple.
A voter turnout of over 40 per cent was recorded till 1 pm on Monday in the fourth phase of Lok Sabha elections in 96 constituencies spread over 10 states and Union Territories amid incidents of violence in Andhra Pradesh and reports of poll boycott in some villages of Uttar Pradesh.
Anil Kumar Sinha, a 1979-batch Indian Police Service officer, on Wednesday took over the reins of the Central Bureau of Investigation at a time when the agency is facing criticism from courts over its handling of probe in coal allocation and 2G scams.
New Delhi has always maintained that its IPR regime is fully compliant with all international laws.
Modi broke away from the Special Protection Group security cover to meet a group of school children.
