Many lay folks cannot fathom the arcane language of the corporate governance brouhaha. I found that a mythological story connects very well, says R Gopalakrishnan.
Edtech firm Think and Learn Private Ltd, owner of Byju's, on Thursday said neither the company's founder and CEO Byju Raveendran nor any other board member will attend the extraordinary general meeting called by some select investors. Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged "mismanagement and failures". Byju's has called the EGM "procedurally invalid" and contractually in contravention of the company's article of association and shareholder's agreement.
Narayanan has a long and distinguished career at ISRO, having played a key role in several important missions, including Chandrayaan-2 and 3, and the Gaganyaan programme.
Capital market regulator Sebi on Tuesday rejected the competing open offer made by the US-based entity Danny Gaekwad Developments & Investments for acquisition of Religare Enterprises Ltd (REL) as it did not meet necessary regulations.
'I believe India is very different from Bombay, Delhi and Kolkata.'
'Even in PlayStation games, he was keen to win.'
Blue Origin's 10th human flight, NS-30, will lift off from Launch Site in West Texas on Tuesday, February 25.
Karnataka Chief Minister Siddaramaiah announced reservation for Muslims in supplying goods and services up to a value of Rs 1 crore to various government departments, corporations and institutions in the state budget for 2025-26. The budget also increased the value limit of government contracts in which Muslims can avail reservation to Rs 2 crore. The reservation to Muslims under 2B category is in addition to the Scheduled Caste, Scheduled Tribe, and Castes coming under Category-1, Category-2A. The budget also included various welfare schemes for minorities, including Rs 50,000 to support simple marriages and Rs 1,000 crore under the Chief Minister's Minority Colony Development Programme.
Only Mukesh Ambani and Gautam Adani are ahead of her.
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
In a continued push to spiritual tourism, there will be a focus on destinations related to the life and times of Lord Buddha.
At least four out of the 13 persons killed in the Jalgaon train accident have been identified as hailing from Nepal, authorities said on Thursday.
In a lengthy statement on X late Monday night, a defiant Kamra said those busy leaking his number on social media or calling him incessantly should know that it all goes to his voicemail where they will be subjected to "the very song" that they hate.
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.
The Centre has notified new norms for the appointment of directors of Indian Institutes of Management (IIMs), making it mandatory for applicants to have first class degrees in both Bachelor's and Master's, along with a PhD or equivalent from a reputed institute.
'No woman is stronger than one who acknowledges her vulnerabilities.'
Gyanesh Kumar, a 1988-batch Kerala Cadre IAS officer, has been appointed as the next Chief Election Commissioner (CEC) of India. Kumar, who was previously an Election Commissioner, will serve until January 26, 2029. His appointment comes amidst controversy as the Congress party demanded the government defer its decision until the Supreme Court concludes its hearing on a petition challenging the composition of the selection panel. Kumar's tenure will see him oversee several state assembly elections, including Bihar, Kerala, Puducherry, Tamil Nadu, and West Bengal.
The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
A track curvature is being investigated as a possible factor in the fatal train accident in Jalgaon, Maharashtra, where 12 passengers were killed after jumping off a train due to a fire rumour. The Karnataka Express train, which ran over the passengers, had its visibility and braking distance affected by the curvature, according to railway officials. The incident occurred when passengers on the Lucknow-CSMT Pushpak Express jumped onto the tracks after fearing a fire, only to be hit by the oncoming Karnataka Express.
Jos Buttler joins greats Sachin Tendulkar and Brian Lara as players who failed to translate their many individual triumphs into success as captains.
'When I bought my first car after Secret Superstar, Junaid said, what a waste of money, autos are so convenient. Khushi is 10 minutes early for every meeting.'
The share of Ahmedabad in the total value of trades on both the BSE and NSE is set to touch double digits for the third year in a row.
'Films like Roja and Bombay, at that point of time, were not something about which I would be too worried.' 'I thought if I'm honest and if I'm reflecting what a normal person like me is feeling, then that honesty will come through.'
At least 12 passengers were killed on Wednesday evening when they jumped from their train in panic due to a 'fire incident', only to be run over by another train on the adjacent tracks in North Maharashtra's Jalgaon district, officials said.
Customised restaurant recreations, cafe setups, pop-ups by Michelin-star chefs, bespoke table linens with monograms and couple-themed hashtags.
Canada's Indian-origin MP Chandra Arya has announced that he is running to be the next prime minister, hours before his Liberal Party announced that their next leader will be chosen on March 9.
'The country that does most of the visual effects, more than any other country, is India.' 'There are more Indians working on VFX in any major Hollywood film than there are in Indian films.'
Palak and Anuja endear us to their bittersweet world, observes Sukanya Verma.
Finance Minister Nirmala Sitharaman on Saturday said she is likely to introduce the new income tax bill, which will replace the six-decade-old I-T Act, in the Lok Sabha in the coming week.
February has some promising original content streaming on OTT.
Union Minister Shivraj Singh Chouhan on Saturday slammed Tata Group-owned Air India for allotting him a 'broken and sunk' seat, prompting his ministerial colleague K Rammohan Naidu to instruct the airline to take 'necessary action'.
US skating mourns athletes lost in plane crash
'I had no idea I would endure difficult times while making this film.'
Shah, the son of India's Home Minister Amit Shah, will have his task cut out as the ICC looks to find an acceptable solution to implement the 'Hybrid Model' for the Champions Trophy originally scheduled in Pakistan.
With Jay Shah taking over as International Cricket Council's youngest chairman on December 1, the role of secretary in the mighty BCCI lies vacant and as officials wonder who the replacement might be, they have time to figure out the next course of action.
'It's always the men who are going crazy, barbaad. They never show a woman going crazy like that.' 'A woman has to be very proper, sitting on a swing, crying.'
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.
Younger investors with long investment horizons may continue their SIPs.
Bengaluru-based Nestaway's co-founder Amarendra Sahu has filed an First Information Report (FIR) alleging fraud, cheating, forgery of documents and criminal intimidation against Tiger Global, Chiratae Ventures and Goldman Sachs, in a rare instance of a startup founder filing a criminal complaint against its investors. The investors have approached the Orissa High Court, seeking to quash the FIR filed in September last year with the Bhubaneswar Police. The next hearing of the matter is scheduled for January 9.
Specialised investment fund (SIF), a new asset class, will have the same expense structure as that of mutual funds (MFs), according to rules notified by the Securities and Exchange Board of India (Sebi). SIF, which was first proposed by Sebi in July 2024, aims to fill the gap between MFs and portfolio management services (PMS), and it looks at informed investors, who are willing to take riskier bets.
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