Various corporate houses and banks including TVS Motors, India Cements, Hyundai Motor India Limited and State Bank of India on Tuesday contributed a total of Rs 22 crore.
The BCCI's working committee which met on Tuesday failed to arrive at a decision.
N Srinivasan will contest the election for presidentship of the Board of Control for Cricket in India in Chennai on September 29.
In what would come as a shot in the arm for N Srinivasan, Cricket Association of Bengal (CAB) President Jagmohan Dalmiya has extended East Zone's support to the embattled BCCI President, who is seeking a third term as the Board chief, by signing the nomination papers for the December 17 elections.
The Andhra Pradesh police on Wednesday issued a legal notice to two Sathya Sai Baba trustees in Puttaparthi over Rs 35.5 lakh seized from a car belonging to the Sathya Sai Central Trust, which manages affairs of the late spiritual guru.
B Muthuraman, vice chairman, Tata Steel, has been elected as the vice president of CII.
The Palaniswami government is expected to utilise the Rangarajan Committee's recommendations before the 2021 assembly election.
Srinivasan had moved the court yesterday seeking anticipatory bail in connection with an idol theft case.
The newly appointed BCCI vice-president Rajeev Shukla said that N Srinivasan "wouldn't assume charge as per Supreme Court directive" and the Tamil Nadu strongman has made it clear to the members of the board.
Indian businessmen and executives may not yet be the most meticulous executioners of management principles in the world. But when it comes to keeping the Gods and lady luck happy, they leave no stone unturned.
Industry bodies Confederation of Indian Industry and Federation of Indian Chambers of Commerce and Industry have asked for cut in interest rates to spur the sagging economy while presenting 100-day action plans to the government on Friday. Faced with high borrowing rates and demand slowdown,industry chambers have presented separate 100-day action plans to the government asking for steps to restore the economy back on high growth trajectory.
"If the government is going to borrow from the market to fill the fiscal deficit, then they are going to suck up all the money available in the banks and we will be crowded out," the new CII president Venu Srinivasan told reporters in New Delhi. Pitching for monetisation of the budget deficit, he said, "It means printing notes. Which means you have the risk of increasing inflation but at the same time you will keep the economy afloat".
Even as a court case rages over the alleged intellectual property infringement, Chennai-based TVS Motor on Thursday launched its new 125-cc motorcycle, Flame, which rival Bajaj Auto says is based on its patented twin spark plug technology.
The fight between TVS and Bajaj might remain out of court, but TVS Motor's stand spoke of the company's resolve infused by its chairman Venu Srinivasan.
The Board of Control for Cricket in India treasurer Ravi Savant on Wednesday said that Board president N Srinivasan is likely to attend the Working Committee meeting in Kolkata on September 1.
The stand-off between Bajaj Auto and TVS Motor Co over the alleged patent infringement continues with both the companies sticking to their positions.
Targeting the 'popular' segment, India's leading two wheeler major TVS Motor Company on Monday launched a 100 cc four-stroke motor cycle, with variable timing intelligent (VTi) engines, claiming to give more mileage to consumers.
TVS Motor Company on Thursday said it would hit the Indonesian market by October 2006 with its step-thru vehicle.
The India-Pakistan One-dayer to be played in Kolkata on Thursday might be seen as Prabir Mukherjee's last as Eden Gardens curator, but the 83-year-old said he would remain associated with the historical venue as long as he's alive.
Two-wheeler maker TVS Motor Company Ltd will enter the three-wheeler segment in an year's time, its chairman Venu Srinivasan said on Friday.
Formally launching the 150 CC, five-speed motorcycle, chairman and managing director Venu Srinivasan said, "Apache is spirit of youth and has been designed and engineered to woo youngsters in the age group of 18 to 25 years."
Two-wheeler major TVS Motor Company Ltd on Wednesday announced the launch of two new 150 cc bikes before the end of this financial year and more investments into the R&D for development of new products.
The company is also planning to set up a manufacturing subsidiary in one of the south Asian countries.
TVS Motor Company on Tuesday said it would set up a Rs 500 crore plant at Nanjungud in Karnataka to make a foray into the fast growing three-wheeler market.
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
International Cricket Council chairman Narayanswami Srinivasan said the event's success has proved that the One-Day International format is in good health.
Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.
An update on anti-corruption measures and the progress report of Bangladesh's preparedness for next year's World Twenty20 will be top of the agenda when the International Cricket Council's Board gathers in London for a two-day meet starting Saturday.
The company said the new model would be available for sale in sugarcane-producing Maharashtra, Uttar Pradesh and Karnataka, to begin with.
The BCCI is exploring the possibility of playing a cricket series against traditional rivals Pakistan at a neutral venue like Dubai or Sharjah in the near future.
The TVS family has been engaged, for more than a century, in a diverse range of businesses through various entities in which the branches of the TVS family have invested in or through T V Sundaram Iyengar & Sons, Sundaram Industries, and Southern Roadways - collectively referred to as the TVS Holding Companies.
Desperate to host a bulk of the matches in the seventh edition of the IPL in the country, the Board of Control for Cricket in India said it will wait till the announcement of dates for the general elections before finalising the venues for the Twenty20 tournament.
In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India's largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government's intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.
Shapoorji and Pallonji Group to contest Cyrus Mistry's ouster from Tata Sons
The restructuring, which will involve nine listed companies, including TVS Motor, Sundaram Clayton, Sundram Fasteners, TVS Electronics and TVS Srichakra, among others, will give each family group complete ownership of businesses they manage while scrapping the holding company.
This year, both rural and urban markets have reported around 18 per cent fall in the first quarter. However, most auto majors expect that by January, there would be a pick up.
With India all set to host the ICC World Twenty20 for the first time in 2016, we take a look at the 8 grounds that will host the 58 matches over 27 days from March 8 to April 3.
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