NSE managing director and CEO Vikram Limaye on Wednesday said that he will not seek a second term at the stock exchange when his five-year term ends in July. This comes amid the National Stock Exchange (NSE) facing the regulatory probe in a case related to governance lapses at the bourse as well as in the co-location matter. "I have informed the board that I am not interested in pursuing a second term and will therefore not be applying and participating in the process that is underway. My tenure ends on July 16, 2022," Limaye said in a statement.
The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.
The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
Indian American Raj Subramaniam would be the new chief executive officer of FedEx, according to an announcement made Monday by the US multinational courier delivery giant.
The Supreme Court on Wednesday adjourned hearing on the plea of the Board of Control for Cricket in India seeking to amend its constitution with regard to the tenure of its office bearers including president Sourav Ganguly and secretary Jay Shah.
Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.
Swamy now wants Arvind Subramanian, one of the front runners for the post of the new RBI governor to be sacked.
ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.
The Places of Worship Act is 'An Act to prohibit conversion of any place of worship and to provide for the maintenance of the religious character of any place of worship as it existed on the 15th day of August 1947, and for matters connected therewith or incidental thereto'.
Earlier this month, Sobha Kapoor and Ekta Kapoor, part of the promoter group of Balaji Telefilms, faced shareholder ire when they failed to obtain the requisite votes on resolutions proposing pay increases for them. In recent months, several promoter-directors, including Siddharth Lal of Eicher Motors and Pawan Munjal of Hero MotoCorp, have faced similar situations. Clearly, large institutional shareholders - and public shareholders - are not taking kindly to promoter-directors upping their remuneration takeaways at a time when the prospects of business recovery are clouded by the anticipated third wave of the Covid-19 pandemic.
A new Congress leader may make an electoral impact by his very presence. Congress voters who had moved away from the party, after being influenced by the BJP's 'family rule' campaign, can now return with a certain moral satisfaction, observes N Sathiya Moorthy.
A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.
Olympic bronze-winning Indian men's hockey team captain Manpreet Singh was on Tuesday added to the list of Major Dhyan Chand Khel Ratna awardees, taking the total number of this year's winners to an unparalleled 12.
The penalty collected from Mazumdar-Shaw will be donated to a charitable organisation of her choice.
Varun, by remaining silent on the BJP action against him but at the same time remaining unperturbed and active, has shown that he is no pushover, observe Sunil Gatade and Venkatesh Kesari.
North Block and Mint Road seem likely to now stick to the earlier convention of the RBI governor coming to Delhi and being the only MPC member meeting the finance minister and senior bureaucrats on pre-policy meetings
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
Following the killing of an SDPI state secretary late Saturday night, a BJP leader was hacked to death less than 12 hours later on Sunday morning and later, prohibitory order under Code of Criminal Procedure (CrPC) Section 144 was imposed in the entire Alappuzha district, additional police force was deployed there and senior officers camped there to monitor the law and order situation.
In an editorial in party mouthpiece 'Saamana', the party claimed the foundation stone ceremony in Ayodhya is "personality centric and political party centric".
Independent directors
The pilot and co-pilot of an Air India plane involved in Wednesday night's freak accident at the Mumbai airport where a technician died after getting sucked into the engine have been grounded even as the Aircraft Accident Investigation Bureau launched a probe.
Prime Minister Manmohan Singh on Wednesday said that the government will be prompt in pursuing the recommendations of the J S Verma Committee to amend the law to deal effectively with cases of sexual assault against women.
A junior member of the Indian cricket team's support staff was accused of "inappropriate behaviour" by a female hotel employee in Antigua, an incident dismissed as a "case of mistaken identity" by the BCCI.
Debroy is expected to have a role and responsibility similar to the erstwhile chairman of the Prime Minister's Economic Advisory Council
The State is trying to curb the students movements, therefore, there are suspicions against some of the Subramanian report on education's recommendations, says Mohammad Sajjad.
A committee headed by Patel recommended retail inflation targeting and a monetary policy committee.
Hailing the decision of the Supreme Court to appoint a two-member committee to oversee reforms in the Cricket Board after the removal of two top BCCI officials, some Olympians and Arjuna Awardees from other disciplines backed ex-cricketers Bishen Bedi and Kirti Azad to undertake the task. "The Hon. Supreme Court has given the onerous responsibility of suggesting names of eminent people who shall comprise a committee to oversee reforms in BCCI and state bodies which have been bedevilled by controversies and malfeasance," they said in a media statement following the apex court's ejection of Anurag Thakur and Ajay Shirke as President and Secretary of the BCCI.
Dravida Munnetra Kazhagam President M K Stalin will try his luck once again from Kolathur constituency in Chennai in the April 6 Tamil Nadu assembly elections while his son Udhayanidhi will make his electoral debut by contesting from the Chepauk-Triplicane segment in the metropolis.
Paralympic gold-winners Avani Lekhara, Sumit Antil, Pramod Bhagat, Krishna Nagar, Manish Narwal were also given the Khel Ratna at a dazzling awards ceremony on Saturday.
Ravi Shastri was appointed India chief coach in 2017 after Anil Kumble's tenure ended prematurely in controversial circumstances.
One more ruling Congress legislator A John Kumar, a close confidant of Puducherry Chief Minister V Narayanasamy, resigned his MLA post on Tuesday, in yet another jolt to the ruling Congress dispensation ahead of the assembly polls due in few months.
Rahul Gandhi dared BJP leader Subramanian Swamy to make public his British passport number and other relevant documents.
Janata Party Chief Subramanian Swamy on Friday moved the Supreme Court seeking scrapping of the controversial Sethusamudram project claiming that a government expert body has doubted its feasibility.
For India, struggling for competitiveness, the current rupee overvaluation in terms of real effective exchange rate is a genuine constraint.
Yoga guru Baba Ramdev on Saturday said the United Progressive Alliance has lost its "moral authority" to continue in power after the Supreme Court cancelled 122 spectrum licences given to telecom operators and alleged that the Congress was after him since he started his campaign on black money issue.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
The Tamil Nadu assembly on Tuesday once again adopted the anti-NEET Bill, returned days ago to the government by Governor RN Ravi, with the ruling Dravida Munentra Kazhagam and principal opposition All India Anna DK reaffirming their opposition to the test.
Janata Party President Subramanian Swamy on Monday met Central Bureau of Investigation director and demanded registration of cases against Indians who have allegedly stashed away money in foreign banks.
Janata Party president Subramanian Swamy on Friday announced forming of an Action Committee Against Corruption in India with special focus on illegal money flow in and out of the country.
Congress workers in Union Home Minister P Chidambaram's native district in Sivaganga in Tamil Nadu on Saturday celebrated the Delhi court order rejecting a plea to make him an accused in the 2G case by bursting crackers.
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