News for 'board of director'

SC forms task force to devise safety protocol for medics

SC forms task force to devise safety protocol for medics

Rediff.com20 Aug 2024

Observing that working conditions have made doctors and health professionals susceptible to violence, the Supreme Court on Tuesday constituted a 10-member task force to formulate a national protocol for ensuring safety and facilities for them in the wake of the rape and murder of a medic in Kolkata.

Gautam Singhania reappointed as Raymond CMD for 5 years

Gautam Singhania reappointed as Raymond CMD for 5 years

Rediff.com27 Jun 2024

Textiles and fabric manufacturer Raymond Ltd on Thursday said its shareholders have approved the reappointment of Gautam Hari Singhania as chairman & managing director for a term of five years effective from July 1, 2024, along with his proposed remuneration. "The shareholders of the company at their Annual General Meeting (AGM) held today (June 27) have approved the re-appointment of Singhania. "The AGM commenced at 3 pm and concluded at 4:05 pm," Raymond Ltd said in a regulatory filing.

ED gets 4-day custody of AAP MLA Amanatullah Khan in PMLA case

ED gets 4-day custody of AAP MLA Amanatullah Khan in PMLA case

Rediff.com3 Sep 2024

Several Aam Aadmi Party leaders, including Manish Sisodia and Sanjay Singh, hit out at the BJP government at the Centre, saying agencies are targeting those who raised their voice against the ruling party.

Women Outnumbered In Bank Accounts!

Women Outnumbered In Bank Accounts!

Rediff.com17 Aug 2024

As of March 2023, the share of accounts belonging to women stood at 36.4 per cent (917.7 million) of the total 2.52 billion individual accounts.

India's domestic air tariff up 43% in 5 yrs, just behind Vietnam

India's domestic air tariff up 43% in 5 yrs, just behind Vietnam

Rediff.com6 Nov 2024

India has recorded the second-highest increase in domestic airfares in the Asia-Pacific (APAC) and West Asian regions, climbing by 43 per cent in the first half of 2024 compared to pre-pandemic levels in 2019, second only to Vietnam (63 per cent). India ranks third in fare increases during the same period in international skies, behind the United Arab Emirates (UAE) and Malaysia. The airfare study conducted by Airports Council International (ACI), which represents 617 airports in this region, was done in partnership with Flare Aviation Consulting.

Mid, Smallcap Stocks In Bear Market

Mid, Smallcap Stocks In Bear Market

Rediff.com28 Nov 2024

'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'

Govt reshuffles IL&FS board; C S Rajan is non-executive chairman

Govt reshuffles IL&FS board; C S Rajan is non-executive chairman

Rediff.com27 Sep 2022

The government has reshuffled the board of IL&FS Ltd, which is undergoing debt resolution process, with existing board member C S Rajan being redesignated as the non-executive chairman. Nand Kishore, who was serving as an executive director, has been made the managing director, according to the company. In the wake of financial misdoings coming to light, the corporate affairs ministry had superseded the board of IL&FS in October 2018.

Asset quality risk, a worry for IndusInd

Asset quality risk, a worry for IndusInd

Rediff.com6 Nov 2024

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.

Feud in Godfrey Phillips: Samir Modi files FIR against mother Bina

Feud in Godfrey Phillips: Samir Modi files FIR against mother Bina

Rediff.com4 Jun 2024

Godfrey Phillips executive director Samir Modi has lodged an FIR in New Delhi's Sarita Vihar police station, alleging that her mother Bina Modi and Lalit Bhasin, one of the company's board members, orchestrated an assault on him during the board meeting. It further exacerbated the ongoing feud among the late KK Modi's family members over the distribution of the Rs 12,000 crore inheritance. Bina is also the director of Godfrey Phillips.

Ex-NIA chief Sharad Kumar to head BCCI's Anti-Corruption Unit

Ex-NIA chief Sharad Kumar to head BCCI's Anti-Corruption Unit

Rediff.com4 Oct 2024

Sharad Kumar, former head of the National Investigation Agency (NIA), was named as the new chief of the BCCI's Anti-Corruption Unit.

ICICI nominee directors still on board: Subhiksha

ICICI nominee directors still on board: Subhiksha

Rediff.com24 Feb 2009

Subhiksha's founder and Managing Director R Subramanian, while refuting the allegations of ICICI Venture, said his company hasn't received any resignations from the nominees of ICICI even though the private equity firm claimed it had withdrawn its nominees.

Prannoy Roy, Radhika continue on NDTV board, resign from promoter firm

Prannoy Roy, Radhika continue on NDTV board, resign from promoter firm

Rediff.com30 Nov 2022

NDTV founders Prannoy Roy and his wife Radhika Roy have resigned as the directors of promoter group vehicle RRPR Holding Private Limited as the Adani Group neared takeover of the television channel.

Google Cloud's ambitious India plans

Google Cloud's ambitious India plans

Rediff.com6 Oct 2024

India is among the fastest-growing markets for Google in the cloud services segment, a senior executive has said, adding that the tech giant is looking to partner companies in their business transformation through its offerings. Google Cloud India is seeing an "increased adoption" of its offerings across segments from the public sector to small and medium businesses and from startups and digital-native companies, Google Cloud India vice president and country managing director Bikram Singh Bedi told PTI.

Oberoi-led EIH board appoints Nita Ambani director

Oberoi-led EIH board appoints Nita Ambani director

Rediff.com1 Nov 2011

In a statement to the Bombay Stock Exchange, the company said it had appointed Nita Ambani and three others as additional directors.

Sebi tightens norms for independent directors

Sebi tightens norms for independent directors

Rediff.com29 Jun 2021

In efforts to bolster corporate governance among listed companies, Sebi on Tuesday approved various amendments to rules governing the appointment, re-appointment and removal of independent directors, including the requirement to disclose resignation letters of such individuals. There will be a one-year cooling period for an independent director transitioning to a whole-time director in the same company/ holding/ subsidiary/ associate company or any company belonging to the promoter group. As part of the review of regulatory provisions related to independent directors, the Sebi board has cleared amendments to Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015.

How Coast Guard, Andaman Cops Seized $4.2 Bn Drugs

How Coast Guard, Andaman Cops Seized $4.2 Bn Drugs

Rediff.com11 Dec 2024

'This is the first case in which we saw use of Starlink by smugglers.'

'What If We Go Back A Few Hundred Years?'

'What If We Go Back A Few Hundred Years?'

Rediff.com23 Oct 2024

'We have loved Braveheart, Lord of the Rings, Game of Thrones and Apocalypto.' 'The thought was 'When are we going to do such films?''

Jay Shah elected unopposed as next ICC chairman

Jay Shah elected unopposed as next ICC chairman

Rediff.com27 Aug 2024

Jay Shah will take over as the next chairman of the ICC in December after he emerged as the sole nominee for the high-profile job

36 killed as overcrowded bus falls into gorge in Almora

36 killed as overcrowded bus falls into gorge in Almora

Rediff.com5 Nov 2024

A packed beyond capacity bus carrying passengers returning to work after Diwali fell into a deep gorge in Uttarakhand's Almora district on Monday, killing at least 36 of the over 60 people on board.

Man Utd part ways with Sir Alex Ferguson, sparking outrage

Man Utd part ways with Sir Alex Ferguson, sparking outrage

Rediff.com16 Oct 2024

Manchester United's most successful manager Alex Ferguson will step down as a global ambassador after the club's part-owners INEOS ended his multi-million pound contract.

'I assure all shareholders of their fair share'

'I assure all shareholders of their fair share'

Rediff.com2 Nov 2024

'Everything can be resolved, but my husband's legacy is not up for sale.'

'No differences between Babar and Shaheen'

'No differences between Babar and Shaheen'

Rediff.com3 Sep 2024

Former Pakistan Cricket Board chairman Zaka Ashraf denied any groupings in the dressing room.

AI London-Mumbai flyer held for smoking, misbehaving on board

AI London-Mumbai flyer held for smoking, misbehaving on board

Rediff.com12 Mar 2023

'A passenger on our flight AI130, operating London-Mumbai on March 10, was found smoking in the lavatory. Subsequently he behaved in an unruly and aggressive manner, despite repeated warnings,' Air India said.

13 companies set to launch IPOs to raise Rs 8,644 cr

13 companies set to launch IPOs to raise Rs 8,644 cr

Rediff.com8 Sep 2024

The IPO market will be bustling next week, with four companies, including Bajaj Housing Finance, set to launch their initial share-sale to raise a total of Rs 8,390 crore. Besides these four main-board IPOs, nine SMEs are preparing to debut with their maiden public issues next week, targeting to collect Rs 254 crore. Together, these 13 firms are looking to raise Rs 8,644 crore through IPO.

Brokerages revise fee as true-to-label norms kick in

Brokerages revise fee as true-to-label norms kick in

Rediff.com3 Oct 2024

Leading brokerages have revised their charges with the true-to-label norms by the Securities and Exchange Board of India (Sebi) kicking in from Tuesday.

BJP not to campaign for Nawab Malik, but okay with daughter

BJP not to campaign for Nawab Malik, but okay with daughter

Rediff.com30 Oct 2024

The Bharatiya Janata Party has made it clear that it will not campaign for ally Nationalist Congress Party's candidate Nawab Malik in the assembly polls due to his alleged links with fugitive gangster Dawood Ibrahim, but has no objection to his daughter's candidature.

TCS Q2 net profit up 4.99% to Rs 11,909 cr

TCS Q2 net profit up 4.99% to Rs 11,909 cr

Rediff.com10 Oct 2024

India's largest IT services firm TCS on Thursday reported a 4.99 per cent increase in its September quarter net profit at Rs 11,909 crore. The Tata Group company had reported a net profit of Rs 11,342 crore in the year-ago period, while in the preceding quarter, it had a post tax net of Rs 12,040 crore, a company filing said.

Byju's CEO speaks to shareholders, firm to set up board advisory committee

Byju's CEO speaks to shareholders, firm to set up board advisory committee

Rediff.com7 Jul 2023

Byju Raveendran, CEO and founder of the eponymous edtech giant, has told shareholders that the company will set up a board advisory committee (BAC). This was part of a discussion on July 4 with shareholders at an emergency general meeting (EGM). Raveendran also said that in the next EGM in three weeks will give details about BAC's members and composition.

Amul sacks R S Sodhi as managing director; Jayenbhai Mehta gets interim charge

Amul sacks R S Sodhi as managing director; Jayenbhai Mehta gets interim charge

Rediff.com9 Jan 2023

In a sudden development, the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets its products under the brand name 'Amul', on Monday ousted its long-serving Managing Director R S Sodhi but did not give any reason. However, Sodhi said he had requested the federation's board to relieve him of his duties. The federation's chief operating officer Jayenbhai Mehta has been given the interim charge of the managing director (MD).

Cold coffee: Starbucks sacks CEO Laxman Narasimhan

Cold coffee: Starbucks sacks CEO Laxman Narasimhan

Rediff.com13 Aug 2024

In a surprise move, struggling multinational coffee chain Starbucks on Tuesday announced the appointment of Brian Niccol as chairman and chief executive officer replacing Indian-origin CEO Laxman Narasimhan who is stepping down.

Uday Kotak will be non-executive board member in Kotak Mahindra Bank

Uday Kotak will be non-executive board member in Kotak Mahindra Bank

Rediff.com15 Jul 2023

Ahead of the end of his term as the Kotak Mahindra Bank's chief executive and managing director, Uday Kotak has said he will be a "non-executive board governance member and a strategic shareholder" going ahead. In the private sector lender's annual report, the last such message from him as the MD and CEO before he relinquishes the position at the end of 2023, Kotak reminisced about the institution's journey, pointing out that Rs 10,000 invested in 1985 is worth over Rs 300 crore today. "Going forward, I see my role as a non-executive board governance member and a strategic shareholder with a long term perspective of nurturing a world class institution," Kotak said in the annual report.

Sukhbir Badal escapes attempt on life at Golden Temple; ex-terrorist held

Sukhbir Badal escapes attempt on life at Golden Temple; ex-terrorist held

Rediff.com4 Dec 2024

The man, identified as Narain Singh, was overpowered by some people standing outside the Golden Temple.

Moody steps down as Sri Lanka's director of cricket

Moody steps down as Sri Lanka's director of cricket

Rediff.com20 Sep 2022

Moody has left his role as Sri Lanka's director of cricket after his contract was terminated by mutual agreement

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

Should You Invest In Arbitrage Funds?

Should You Invest In Arbitrage Funds?

Rediff.com13 Nov 2024

'Arbitrage funds make the most sense for those in the 30 per cent tax bracket, are viable for those in the 20 per cent bracket, but less so for those in the 10 per cent bracket.'

England batter Malan retires from international cricket

England batter Malan retires from international cricket

Rediff.com28 Aug 2024

Dawid Malan has retired from international cricket

Should You Avoid High-Cost Funds?

Should You Avoid High-Cost Funds?

Rediff.com12 Nov 2024

Investors should match their investment horizon with the fund's portfolio duration.

Senior directors in India Inc hold more board seats than allowed

Senior directors in India Inc hold more board seats than allowed

Rediff.com5 Aug 2015

Ten months after new Sebi norms set in, some senior directors still hold more board seats than allowed.

'I Have Ideas For Two Sequels For Andaz Apna Apna'

'I Have Ideas For Two Sequels For Andaz Apna Apna'

Rediff.com5 Nov 2024

'I may not have accrued a large bank balance, but I think I've earned something far valuable. Respect.' 'That's what Andaz Apna Apna brought me, and I wouldn't exchange that respect for any amount of money in the world.'

'I'm The Boss Man Of All The Villains'

'I'm The Boss Man Of All The Villains'

Rediff.com16 Aug 2024

'Jitendra Pratap Singh (his character in Vedaa) believes in the divisive politics of society and that is more dangerous than the regular goons.'