Former India skipper Sourav Ganguly was retained as member of the Board of Control for Cricket in India's Technical Committee, headed by Sunil Gavaskar, at the Board's 80th Annual General Meeting in Mumbai on Thursday. The panel includes former Test umpire V K Ramaswamy and ex-India opener Krishnamachari Srikkanth, who was retained as the head of the senior selection committee for the 2009-10 season.
Investments of Rs 47,000 crore under implementation.
Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore to buy a 1.4 per cent stake in Reliance Industries Ltd's retail arm -- the billionaire Mukesh Ambani-led firm's third such deal in less than two days.
The company would decide on increasing the capacity and investment needed for the same in presence of its parent Suzuki Motor's chairman Osamu Suzuki
Surajeet Das Gupta explains why Mukesh Ambani's target is by no means impossible.
In a startling revelation, West Indies Cricket Board (WICB) chief Julian Hunte accused the Board of Control for Cricket in India (BCCI) of rejecting ICC's proposal of organising Test cricket with a four-year championship structure in place. Hunte made the statement in his report at the annual general meeting of the West Indies Cricket Board (WICB) this month.
After two postponements, Hockey India has finally set the ball rolling for its much-awaited elections by issuing notices to affiliated state units to nominate two members by Thursday for its February 7 Annual General Meeting.
Tata Motors is developing higher capacity engines for its Nano car, to target domestic as well as foreign markets.
This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.
The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The LVB management is in the process of implementing all of these, said sources.
This is Sourav Ganguly's second term in office after he became CAB president in 2015 following the death of Jagmohan Dalmiya.
Jagmohan Dalmiya was re-elected unopposed at the Cricket Association of Bengal's 78th annual general meeting in Kolkata. He also retained his panel of two joint-secretaries and treasurer.
The company had raised a similar amount of debt in FY 09 as well. Reliance Power has bagged three of four contracts for developing UMPPs in the country.
The partners have, thus, solved the tricky issue of pricing, which has been widely speculated as the reason for the delay in the project announced in 2008.
The unions are planning a major protest in Birmingham on July 27, at National Grid's annual general meeting. National Grid is a leading supplier of gas and electricity in Britain and the northeast region of the US. In an e-mail response to queries from Business Standard, a NG spokesperson said the company already outsources some information services support from India, from companies including Tata Consultancy Services, Wipro and Zensar Technologies.
Taro, which has been warding off a takeover bid by the Indian firm ever since their proposed $454 million merger deal was called off in 2008, warned the shareholders that if Sun was successful in its bid, then the Israeli firm may be facing the same fate as that of Caraco Pharmaceutical Labs.
India was a very important strategic partner of the US, she said.
The annual shareholders' meet resembled a rock concert in an indoor stadium with associates cheering like crazy fans.
Sebi splits CMD post and has directed listed companies to have at least six directors and at least one of them needs to be a woman.
Ginger Hotels are the Tata Group's chain of budget hotels.
The bitter feud in the Rajasthan Cricket Association has prompted the Board of Control for Cricket in India to shift the opening One-Day International in the best-of-seven series between India and Australia, on October 25, from Jaipur to Vadodara.
The government has set a target of bringing the fiscal deficit down to 5 per cent of the GDP by 2011, and 4 per cent of the GDP by 2012.
While JioMart is doing 250,000 orders per day, BigBasket and Amazon pantry are doing 220,000 and 150,000 orders, respectively.
State-run utility NTPC plans to more than double its power generation capacity by 2017 from the current 30,000 MW, diversifying further into renewable and nuclear energy.
Board of Control Cricket in India president Shashank Manohar was on Wednesday authorised to resolve the IMG issue and report back to the board at its Annual General Meeting on September 24.
In what turned out to be a formality, the Indian Olympic Association elections returned the same office-bearers, with Suresh Kalmadi as president for a fourth consecutive term.
Dilip Vengsarkar's future as a member of the National Cricket Academy (NCA) committee will only be decided when the Board of Control for Cricket in India holds it's next Annual General Meeting, even as the Board is set to appoint a full-time Special Projects director.
After a successful career as a player, Matthew Hayden is now gearing up to become an administrator and could replace Allan Border in Cricket Australia's Board.
When Indian Hotels Chairman Ratan Tata told shareholders at the annual general meeting earlier this week that the hotel chain, which operates the Taj group, continues to be impacted by the slowdown, he was merely echoing what P R S Oberoi, his counterpart at the East India Hotels (EIH), had said recently.
Former India captain Krishnamachari Srikkanth on Saturday became the new Chairman of the National Senior Cricket Selection Committee, replacing Dilip Vengsarkar at the helm of affiars.
Hardik and 50 members of his Patidar Anamat Andolan Samiti got their heads shaved as a mark of protest.
Saudi Aramco had right from the beginning resisted the price tag Reliance had put for the 20 per cent stake in O2C business, which comprises the company's twin refineries at Jamnagar in Gujarat, petrochemical plants and 51 per cent in fuel retailing venture.
L K Advani, Bharatiya Janata Party stalwart and leader of the Opposition in Lok Sabha, addressed the 81st annual general meeting of the Federation of the Indian Chambers of Commerce and Industry (FICCI) on Thursday. In his speech, Advani makes a strong case for Swadeshi, creatively redefined, as a model of development to benefit Bharat, and not just India.
No reason was given for his resignation.
Former Board of Control for Cricket in India chief Jagmohan Dalmiya on Saturday skipped the Working Committee meeting of the Board before next month's Annual General Meeting, preferring to depute another representative of the Cricket Association of Bengal (CAB) which he is currently heading. CAB is being represented by Biswarup Dey at the one-day sitting of the BCCI at its headquarters in Mumbai.
The RIL board had last month approved 1:1 issuance of bonus shares after a 12-year hiatus. The last time RIL announced a bonus issue was in October 1997.
Giovanni Bisignani, CEO of International Air Transport Association, said Delhi and Mumbai airports were one of the worst contributors to the crisis, for their 207 per cent hike in charges. "There is no room for this nonsense in our future. When demand drops, suppliers cannot divide the same costs among fewer customers. The shape of everything must change," he declared.
Indian conglomerate Tata Group Chairman Ratan Tata has said that Tata Motors will have an electric car in the market by September this year.
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
Kingfisher Airlines' plans to raise $400 million are on track and private equity players have showed keen interest in investing in the airline, its chairman Vijay Mallya said on Friday after the annual general meeting in Bangalore.
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