News for 'The Board of Directors'

BCB seeks army's assurance for Women's T20 WC in Bangladesh

BCB seeks army's assurance for Women's T20 WC in Bangladesh

Rediff.com10 Aug 2024

The Bangladesh Cricket Board has written to Bangladesh's army chief of staff General Waker-Uz-Zaman seeking security assurance for organising the women's T20 World Cup.

Delhi stampede: Railways orders high-level probe, announces ex gratia

Delhi stampede: Railways orders high-level probe, announces ex gratia

Rediff.com16 Feb 2025

Indian Railways has announced a compensation of Rs 10 lakh each for the next of kin of those killed in the stampede at New Delhi Railway Station. Those seriously injured will receive Rs 2.5 lakh, and those with minor injuries will receive Rs 1 lakh. The stampede occurred late Saturday night, resulting in at least 18 fatalities and more than a dozen injuries. The incident was triggered by a surge in passengers waiting to board trains for Prayagraj, where the Maha Kumbh is taking place, on platforms 14 and 15 of the station.

New Pamban bridge built to withstand stronger cyclones than 1964

New Pamban bridge built to withstand stronger cyclones than 1964

Rediff.com6 Apr 2025

The newly inaugurated Pamban Bridge in Rameshwaram, Tamil Nadu, is designed to withstand cyclones of greater intensity than the 1964 disaster that significantly damaged the old bridge. The new bridge features a vertical lift spanner and is built to withstand wind speeds of 230 kmph and considerable seismic loading, according to a senior official from the Rail Vikas Nigam Limited (RVNL). The bridge's construction incorporated several safety protocols, including a seated lift spanner and girders positioned well above sea level, ensuring minimal risk from high tides and cyclones.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com6 Apr 2025

In an eventful week ahead, stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said. Investors fear that a full-blown trade war will impact global trade and economic growth, according to market experts.

Hosting CT is proof of Pakistan cricket's resilience: Bari

Hosting CT is proof of Pakistan cricket's resilience: Bari

Rediff.com18 Feb 2025

Bari said he is delighted to see the ICC Champions Trophy being held in Pakistan now and multiple teams landing in the country.

Revealed! The Drama Behind Andaz Apna Apna's Comedy

Revealed! The Drama Behind Andaz Apna Apna's Comedy

Rediff.com25 Apr 2025

'Aamir Khan and Salman Khan were already very busy. Then, Raveena Tandon and Karisma Kapoor started signing more films, Paresh Rawalji also got busy... 'Rajkumar Santoshiji got offered Damini he was very excited about it. He told dad that since her dates were available, let me do this film quickly. But aisa hota toh nahin. That film also took time. 'So sabke dates ka problem ho gaya, including the director's.'

SpiceJet posts Rs 26 crore profit in Q3

SpiceJet posts Rs 26 crore profit in Q3

Rediff.com26 Feb 2025

However, the meeting of the company's board of directors, through video conferencing, started at 1.30 pm and ended only at 11.50 pm on Tuesday, according to a filing made to BSE at 12.51 am on Wednesday. In the 2024 December quarter, the airline, which had been facing multiple headwinds, raised Rs 3,000 crore from qualified institutional investors.

'My Boys Have Never Given Me Any Trouble'

'My Boys Have Never Given Me Any Trouble'

Rediff.com9 May 2025

'Both Shahid and Ishaan are over-thinkers and I'm constantly telling them to lighten up, chill.'

Why Manoj Kumar Stopped Making Movies

Why Manoj Kumar Stopped Making Movies

Rediff.com4 Apr 2025

'I am not a greedy film person, even as an actor.' 'While my contemporaries Dharmendra and Shashi Kapoor acted in nearly 300 films each, I've done hardly 35 films in my entire career.'

Delhi stampede: HC seeks Railways' response on limiting passengers

Delhi stampede: HC seeks Railways' response on limiting passengers

Rediff.com19 Feb 2025

The Delhi high court on Wednesday asked the Railways to examine the fixing of maximum passengers and sale of platform tickets -- issues raised in a public interest litigation (PIL) over the recent stampede at the New Delhi Railway Station.

How To Create Wealth And Retire Early? Ask rediffGURUS

How To Create Wealth And Retire Early? Ask rediffGURUS

Rediff.com4 Apr 2025

Start your journey to financial freedom today. Ask your questions and let our experts show you the way to a secure and prosperous future.

Golden Opportunity For Modi To Reverse Brain Drain

Golden Opportunity For Modi To Reverse Brain Drain

Rediff.com17 Apr 2025

President Trump with his MAWA has unwittingly provided us this opportunity. Will PM Modi grasp this and leave a legacy of an ushered in scientific and technological revolution in India, asks Colonel Anil A Athale (retd).

'Randeep Hasn't Had It Easy But...'

'Randeep Hasn't Had It Easy But...'

Rediff.com11 May 2025

'He surprised us by telling us he wanted to make a career in acting.' 'We were scared since we knew nothing of this profession but then, he landed a role in Mira Nair's Monsoon Wedding.' 'After seeing him holding his own on screen, we decided to let the boy pursue his passion.'

Honda 2W share rises after on-board norms compliance

Honda 2W share rises after on-board norms compliance

Rediff.com17 Jul 2024

The battle for the top spot in the two-wheeler market is intensifying. The gap between Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI) in retail sales narrowed to just 45,607 units in June. This improvement comes as HMSI has clawed back market share after dipping to a historic low of 18 per cent in May 2023. Now, the retail market shares of the two companies are 28.86 per cent and 25.54 per cent, respectively, compared to 35.54 per cent and 18.05 per cent in May 2023.

'When An Influencer Promotes Everything...'

'When An Influencer Promotes Everything...'

Rediff.com18 Feb 2025

'All credibility is lost.'

Wagh Bakri group executive director Parag Desai passes away

Wagh Bakri group executive director Parag Desai passes away

Rediff.com23 Oct 2023

Wagh Bakri Tea Group executive director Parag Desai died at a hospital in Ahmedabad while being treated for severe brain injuries suffered after a fall, a senior company official said on Monday. Desai, 50, suffered severe brain haemorrhage after falling on a hard surface while going for a walk outside his residence on the evening of October 15, the official said. "Desai fell and suffered a brain haemorrhage, and fainted.

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

Equity markets likely to trade in positive territory on Friday

Equity markets likely to trade in positive territory on Friday

Rediff.com10 Apr 2025

Domestic benchmark equity indices may see a positive trading sentiment on Friday thanks to a spectacular rally in world markets after the US President Donald Trump announced to put tariff hikes on hold for 90 days, excluding China from the reprieve. Indian stock markets were closed on Thursday for Shri Mahavir Jayanti. Trump has declared a three-month pause on reciprocal tariffs on non-retaliating countries marking a rather unexpected U-turn after record high levies he imposed led to global stock market meltdown.

Russian energy giant Rosneft appoints first Indian on its board

Russian energy giant Rosneft appoints first Indian on its board

Rediff.com7 Jul 2023

Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India. G K Satish, who retired as director for business development at IOC in 2021, is one of the three new faces appointed to the 11-strong board of directors of Rosneft, according to a statement issued by the Russian firm. Satish, 62, is the first Indian to be appointed to the board of Rosneft.

Flexible office space growth set to trigger IPO wave

Flexible office space growth set to trigger IPO wave

Rediff.com9 Apr 2025

India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.

Experts say regular health check-ups must amid rising heart attacks

Experts say regular health check-ups must amid rising heart attacks

Rediff.com13 Apr 2025

Recent reports of heart attacks occurring while dancing, driving, or even walking have raised concerns about the condition's unpredictability. Experts emphasize the importance of regular health check-ups to detect underlying heart diseases and prevent sudden cardiac events. Factors contributing to the rise include unhealthy lifestyles, genetic predisposition, and inadequate sleep. The article highlights the need for increased public awareness and stricter implementation of government programs to address the growing trend of heart attacks, particularly among younger individuals.

Has US Averted India-Pakistan War?

Has US Averted India-Pakistan War?

Rediff.com2 May 2025

The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

Rediff.com26 Sep 2023

While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

Women RPF personnel to carry chilli spray cans to deter threats

Women RPF personnel to carry chilli spray cans to deter threats

Rediff.com8 Mar 2025

According to the railway ministry, this non-lethal yet effective tool will help women RPF personnel tackle challenging situations swiftly, particularly while safeguarding female passengers travelling alone or with children to ensure their safer train journeys.

RBI tightens fit-and-proper criteria for directors on PSB boards

RBI tightens fit-and-proper criteria for directors on PSB boards

Rediff.com5 Aug 2019

Members of Parliament, state legislatures, and local governments not eligible to be members of PSB boards

Finance Secretary TK Pandey is new Sebi chairman

Finance Secretary TK Pandey is new Sebi chairman

Rediff.com28 Feb 2025

The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.

CBI arrests 4 in Tirupati laddu adulteration case

CBI arrests 4 in Tirupati laddu adulteration case

Rediff.com10 Feb 2025

Those arrested have been identified as Vipin Jain and Pomil Jain, former directors of Bhole Baba Dairy, Apoorva Chawda from Vaishnavi Dairy and Raju Rajasekharan from AR Dairy, they said.

RBI directs pvt banks to have at least two wholetime directors

RBI directs pvt banks to have at least two wholetime directors

Rediff.com26 Oct 2023

In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI's approval within four months. Banks need prior approval from the banking regulator for the appointment of wholetime directors.

Equity boom spurs shareholder activism

Equity boom spurs shareholder activism

Rediff.com9 Dec 2024

Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.

Why Sebi warned Ola Electric

Why Sebi warned Ola Electric

Rediff.com8 Jan 2025

Market regulator Sebi has warned Ola Electric Mobility for violating listing norms by sharing store expansion plans on social media before informing stock exchanges, according to a regulatory filing by the company. In a letter to the company by Sebi, shared on BSE by Ola Electric Mobility, the market regulator took exception to the dissemination of information regarding plans for a four-fold expansion of the company-owned store network by December 20, 2024.

'More Than Mr Perfectionist, Aamir Is Mr Passionate'

'More Than Mr Perfectionist, Aamir Is Mr Passionate'

Rediff.com12 Mar 2025

'Aamir is really competitive. I feel that also keeps him young.'

Wipro Q4 PAT up 26%; sees up to 3.5% drop in revenue for Q1FY26

Wipro Q4 PAT up 26%; sees up to 3.5% drop in revenue for Q1FY26

Rediff.com16 Apr 2025

Wipro on Wednesday reported a 25.9 per cent year-on-year rise in consolidated net profit for the March quarter to Rs 3,569.6 crore, but warned of a weak quarter ahead with up to 3.5 per cent expected drop in IT services revenue for Q1FY26, amid global uncertainties. CEO and Managing Director Srini Pallia said clients remain cautious in the face of macroeconomic uncertainty.

Confusion over two Prayagraj trains triggered Delhi station stampede

Confusion over two Prayagraj trains triggered Delhi station stampede

Rediff.com16 Feb 2025

A deadly stampede at New Delhi Railway Station occurred on Saturday evening as passengers confused two trains with similar names, "Prayagraj Express" and "Prayagraj Special," and rushed to change platforms after an announcement. The confusion led to a surge of people on the stairs, resulting in the tragic deaths of 18 people. The Railway Ministry stated that the arrival of the "Prayagraj Special" at platform 12 caused panic among those waiting for the "Prayagraj Express" at platform 14, leading to the stampede. An unprecedented rush of passengers due to the Maha Kumbh and the delay of multiple trains heading to Prayagraj contributed to the chaos. The incident highlighted the dangers of inadequate crowd management during peak travel periods.

CBI books ED officer for extorting Shimla institutes; recovers Rs 1 cr

CBI books ED officer for extorting Shimla institutes; recovers Rs 1 cr

Rediff.com31 Dec 2024

The Central Bureau of Investigation (CBI) has registered an FIR against an Enforcement Directorate (ED) assistant director who escaped during a trap operation last week. The ED officer, posted in Shimla, is accused of demanding bribes from promoters of educational institutes in Himachal Pradesh. The CBI has already arrested the officer's brother and a middleman in connection with the case. The ED officer and his supervisory officers have been transferred to Delhi.

IL&FS board charges former directors of money laundering

IL&FS board charges former directors of money laundering

Rediff.com5 Mar 2019

They have also been accused of extending loans for criminal intent of falsification of repayment by a number of borrowers, including some entities associated with large corporate groups.

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Rediff.com17 Jan 2025

IT services company Wipro on Friday reported a 24.4 per cent year-on-year rise in its consolidated net profit for the just-ended December quarter at about Rs 3,354 crore. The Bengaluru-based tech major saw its revenue from operations inch up by 0.5 per cent to about Rs 22,319 crore.

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

Rediff.com27 Feb 2025

'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'

Religare board rallies behind chairperson Saluja, defends her share sale

Religare board rallies behind chairperson Saluja, defends her share sale

Rediff.com21 Nov 2023

The board of Religare Enterprises Ltd (REL) has rallied behind its embattled chairperson Rashmi Saluja, saying she had turned around the financial services company whose market cap has increased to about a billion dollars from under $100 million in March 2018. The board -- which is fending off an Rs 2,200 crore open offer by the Burman family -- said accusations had not only targeted Saluja but the entire Religare management that has made Religare debt free. "Our story has been one of resurgence under the guidance of the Board of Directors led by Saluja, executive chairman.

Rlys asks X to remove disturbing photos, videos of Delhi stampede

Rlys asks X to remove disturbing photos, videos of Delhi stampede

Rediff.com21 Feb 2025

The Indian Railway Ministry has requested Twitter (X) to remove disturbing images and videos related to the February 15 stampede at New Delhi Railway Station, citing concerns about the dignity of the deceased and the trauma experienced by survivors and their families. The request followed complaints from relatives of those affected by the stampede, which claimed 18 lives and injured several others.