News for 'board of director'

Swraj Paul Passes Into The Ages

Swraj Paul Passes Into The Ages

Rediff.com22 Aug 2025

Lord Paul, founder of the UK-based Caparo Group of industries, had been taken ill and hospitalised recently, where he passed away surrounded by members of his family.

New H-1B visa fee not for existing holders, clarifies US

New H-1B visa fee not for existing holders, clarifies US

Rediff.com21 Sep 2025

The Donald Trump administration has clarified that the new $100,000 fee for H-1B visas does not apply to current visa holders and is a one-time payment only for new petitions.

AC, TV makers upbeat about sales amid signs of GST cuts

AC, TV makers upbeat about sales amid signs of GST cuts

Rediff.com18 Aug 2025

Consumer durables makers are hopeful that the government's proposal to reduce goods and services tax (GST) on air conditioners and television panels above 32 inches to 18 per cent would help revive the sector.

Kolkata police stop 'The Bengal Files' trailer launch

Kolkata police stop 'The Bengal Files' trailer launch

Rediff.com16 Aug 2025

Kolkata Police stopped the trailer launch of 'The Bengal Files', a film based on the 1946 Calcutta Riots, its director Vivek Agnihotri claimed, sparking controversy and allegations of censorship.

India Sweat In The Nets; Pakistan Continue To Protest

India Sweat In The Nets; Pakistan Continue To Protest

Rediff.com17 Sep 2025

Almost all the Indian batters ended their batting sessions with lofted shots. Every few minutes, screams of 'Watch out!' filled the air -- not from the players, but from scribes trying to protect their laptops, cameras, and skulls.

SC cancels bail granted to Dheeraj Wadhawan in loan scam case, directs him to surrender in 2 weeks

SC cancels bail granted to Dheeraj Wadhawan in loan scam case, directs him to surrender in 2 weeks

Rediff.com5 Aug 2025

The Supreme Court on Tuesday cancelled bail granted to former DHFL promoter Dheeraj Wadhawan in the multi-crore bank loan scam case. A bench of Justices Sanjay Kumar and Satish Chandra Sharma passed the order after perusing the report filed by a medical board and directed Wadhawan to surrender within two weeks.

And Smriti is Miss Uttarakhand!

And Smriti is Miss Uttarakhand!

Rediff.com25 Jul 2025

The glittering event saw Smriti take home the coveted crown, while Vaishnavi Lohni and Aanchal Pharswan were declared first and second runners-up respectively.

Banks urge RBI for boards' workload mgmt

Banks urge RBI for boards' workload mgmt

Rediff.com19 Nov 2024

Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times. The views were conveyed to the regulator on Monday in a conference of directors of private sector bank boards on the theme "Transformative Governance Through Sound Boards". RBI governor Shaktikanta Das, deputy governors Swaminathan J and M Rajeshwar Rao, and other senior officials of the central bank participated in the conference.

Adani Power seeks shareholders' nod for stock split

Adani Power seeks shareholders' nod for stock split

Rediff.com4 Aug 2025

Adani Power will seek shareholders' approval for stock split in the ratio of 1:5 through postal ballot notice issued on August 1, 2025. According to the notice, the equity shares of the company of Rs 10 each will be sub-divided into five fully paid-up ordinary (equity) shares of the face value of Rs 2 each each, fully paid-up, ranking pari passu with each other in all respects, as per the document.

Will New Sports Bill Be A Game Changer?

Will New Sports Bill Be A Game Changer?

Rediff.com12 Aug 2025

Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

Rediff.com23 Aug 2025

The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.

Rakesh Gangwal's family trust sells 1.3% stake in IndiGo

Rakesh Gangwal's family trust sells 1.3% stake in IndiGo

Rediff.com28 Aug 2025

IndiGo promoter Rakesh Gangwal's family trust on Thursday sold a 1.3 per cent stake in the country's largest airline for Rs 2,933 crore through open market transactions, cumulatively offloading shares worth Rs 14,497 crore so far this year. With the latest sale, the cumulative divestment by Rakesh Gangwal, along with his wife Shobha Gangwal and their family trust -- the Chinkerpoo Family Trust -- stood at Rs 39,532.79 crore, translating to around $4.51 billion.

'Yes Bank's Commercial Banking Segment Would Grow'

'Yes Bank's Commercial Banking Segment Would Grow'

Rediff.com12 Aug 2025

'MIB which is a part of retail, will grow in the range of 20 per cent.'

Jay Shah joins elite board shaping cricket's future

Jay Shah joins elite board shaping cricket's future

Rediff.com23 Jan 2025

ICC chairperson Jay Shah has been inducted into the newly formed World Cricket Connects Advisory Board, an independent group that will discuss the future of cricket at the Lord's on June 7 and 8.

'Working With Rajini Sir Is Fantastic'

'Working With Rajini Sir Is Fantastic'

Rediff.com12 Aug 2025

'That man's charisma and aura on set are just outstanding.'

Indore teacher writes to President seeking euthanasia

Indore teacher writes to President seeking euthanasia

Rediff.com28 Jul 2025

A 52-year-old government school teacher from Indore, who is suffering from an excruciating bone disorder that has confined her to a wheelchair, has sought President Droupadi Murmu's permission to undergo euthanasia.

Will Archer's Test comeback boost England for second India Test?

Will Archer's Test comeback boost England for second India Test?

Rediff.com28 Jun 2025

Jofra Archer has not featured in a Test since 2021 and was recently included in the England squad for the second Test after playing a four-day Country game for Sussex.

Irdai proposes internal ombudsman to address claims up to Rs 50 lakh

Irdai proposes internal ombudsman to address claims up to Rs 50 lakh

Rediff.com24 Jul 2025

The Insurance Regulatory & Development Authority of India (Irdai) on Wednesday proposed setting up an internal insurance ombudsman for insurance companies -- except reinsurers-- with over three years of operation, to address unresolved complaints. The ombudsman will have power to hear complaints for claims up to Rs 50 lakhs.

BCCI To Stay Outside The Ambit Of RTI ACT!

BCCI To Stay Outside The Ambit Of RTI ACT!

Rediff.com6 Aug 2025

In what can be construed as a relief to the BCCI, the Sports Ministry has amended the RTI-related provision of the National Sports Governance Bill, placing only those bodies under its ambit which rely on government grants and assistance.

Sebi bans Wadhawan brothers for five years in DHFL fund diversion case

Sebi bans Wadhawan brothers for five years in DHFL fund diversion case

Rediff.com14 Aug 2025

The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd's (DHFL) former promoters Kapil and Dheeraj Wadhawan for five years from the securities market for alleged diversion of funds. They have also been barred from holding any key position in a listed company.

ED conducts 1st-ever raids in Andaman and Nicobar Islands

ED conducts 1st-ever raids in Andaman and Nicobar Islands

Rediff.com31 Jul 2025

The case pertains to the Andaman Nicobar State Cooperative Bank (ANSCB) and its former vice chairman Kuldeep Rai Sharma. Sharma, a 57-year-old Congress leader, is a former MP of the UT (2019-24).

Infosys co-founder, former IISc director booked under SC/ST Act

Infosys co-founder, former IISc director booked under SC/ST Act

Rediff.com28 Jan 2025

A case was registered against Infosys co-founder Senapathy Kris Gopalakrishnan, former IISc Director Balaram and 16 others under the Prevention of SC/ST Atrocities Act. The case was filed based on the directions of the 71st city civil and session court (CCH). The complainant, Durgappa, who belongs to the tribal Bovi community, alleged that he was falsely implicated in a honey trap case and dismissed from service in 2014. He further claimed he was subjected to casteist abuse and threats.

'Ample Room For New Entrants In Equity Exchange'

'Ample Room For New Entrants In Equity Exchange'

Rediff.com31 Aug 2025

'Market momentum and investor interest are at unprecedented levels, making this the opportune moment.'

'Inputs ignored': Dhanlaxmi Bank independent director resigns from board

'Inputs ignored': Dhanlaxmi Bank independent director resigns from board

Rediff.com18 Sep 2023

Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. In his resignation letter, Kalyanasundaram has raised issues like factionalism in the board, his differences regarding rights issue and the alleged 'lack of in depth banking knowledge' in other members. This comes after Ravindran Pillai, head of RP Group, who holds 9.99 per cent stake in the bank (largest shareholder), came out with a special notice for removal of Kalyanasundaram.

'UK steel ops to break even by FY26'

'UK steel ops to break even by FY26'

Rediff.com26 Aug 2025

'Due to tariff uncertainty, automotive customers reduced their steel uplift by almost 15 per cent.'

'India Is Critical Hub For GlobalLogic's Operations'

'India Is Critical Hub For GlobalLogic's Operations'

Rediff.com30 Aug 2025

'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'

Meet the team probing the Air India crash

Meet the team probing the Air India crash

Rediff.com13 Jul 2025

A five-member team, headed by Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. The Aircraft Accident Investigation Bureau (AAIB) has released its preliminary report and appointed the team.

Noel Tata To Debut At Tata Sons Board Meeting Today

Noel Tata To Debut At Tata Sons Board Meeting Today

Rediff.com21 Nov 2024

Indications are that the Tata Sons stand on listing of the company may come up for a discussion even if it's not part of the agenda

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

Putin will face severe economic consequences if...: Trump warns again

Putin will face severe economic consequences if...: Trump warns again

Rediff.com15 Aug 2025

Trump stated that Russia will face "severe economic consequences" if Putin doesn't show interest in de-escalating the Ukraine conflict.

Maha Guv CP Radhakrishnan named NDA's Vice-Presidential candidate

Maha Guv CP Radhakrishnan named NDA's Vice-Presidential candidate

Rediff.com17 Aug 2025

The National Democratic Alliance (NDA) has nominated Maharashta Governor Chandrapuram Ponnusamy Radhakrishnan as their candidate for Vice-President of India. The announcement was made by BJP President J P Nadda, highlighting Radhakrishnan's extensive public service and cross-party respect.

Consumer goods companies bank on festivals for urban demand revival

Consumer goods companies bank on festivals for urban demand revival

Rediff.com2 Aug 2025

Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.

Priya Nair, 1st woman to become CEO-MD of HUL

Priya Nair, 1st woman to become CEO-MD of HUL

Rediff.com11 Jul 2025

Priya Nair will become the first woman CEO and MD of Hindustan Unilever Ltd (HUL) effective August 1, 2025, with India's largest FMCG firm announcing her appointment on Thursday. Nair, currently president, Beauty & Wellbeing, Unilever, has been appointed for a period of five years.

Procter & Gamble names Shailesh Jejurikar as CEO

Procter & Gamble names Shailesh Jejurikar as CEO

Rediff.com29 Jul 2025

Procter & Gamble has announced Shailesh Jejurikar as its next CEO, effective January 1, 2026. Jejurikar, an India-born executive, will succeed Jon Moeller in the role.

Punit Goenka resigns as managing director of Zee; appointed CEO

Punit Goenka resigns as managing director of Zee; appointed CEO

Rediff.com19 Nov 2024

Punit Goenka has resigned as the managing director of Zee Entertainment and has been appointed as CEO to have his focus entirely on operational responsibilities assigned to him by the board of the company. The board has "accepted the resignation of Punit Goenka as managing director of the company and appointed him as CEO," said Zee Entertainment in a regulatory update.

Why swimming legend Phelps won't let his kids compete

Why swimming legend Phelps won't let his kids compete

Rediff.com14 Aug 2025

Michael Phelps has launched a scathing attack on USA Swimming's leadership, with the 23-times Olympic gold medallist branding the body weak and demanding sweeping reforms

'Dhadak 2 Is Not A Routine Love Story'

'Dhadak 2 Is Not A Routine Love Story'

Rediff.com12 Jul 2025

Siddhant Chaturvedi and Triptii Dimri put forward their never-seen-before intense side in Dhadak 2, which is deemed as the spiritual sequel to the Ishaan Khatter and Janhvi Kapoor-starrer 2018 film, Dhadak.

Passengers, crew on Air India's London-Mumbai flight fall sick

Passengers, crew on Air India's London-Mumbai flight fall sick

Rediff.com23 Jun 2025

As many as five passengers and two crew members onboard an Air India flight from London fell sick on Monday when the aircraft was on its way to Mumbai, the Tata Group-owned airline said.

Kannada actress Renya Rao gets 1 year in jail for gold smuggling

Kannada actress Renya Rao gets 1 year in jail for gold smuggling

Rediff.com17 Jul 2025

Kannada film actress Ranya Rao has been sentenced to one year of imprisonment under COFEPOSA in connection with a gold smuggling case. She was caught with 14.2 kilograms of gold, valued at approximately Rs 12.56 crore, at Kempegowda International Airport.

'I'm Really Proud To Be A Brahmin'

'I'm Really Proud To Be A Brahmin'

Rediff.com19 Aug 2025

'So my question was, 'What is it that you are proud of? What have you achieved? What is your contribution?' 'He had no answer.'