ICC introduces stop clock in men's ODI and T20Is, five-run penalty on third offence
The company will make public the outcome of its Board meeting on telecast rights only after it files an affidavit in court.
There are unconfirmed reports that the BJP has offered to appoint Paras as governor and a berth in the Bihar cabinet to his nephew Prince Raj. M I Khan reports.
The Securities and Exchange Board of India (Sebi) may allow non-resident Indians (NRIs) and Overseas Citizens of India (OCIs) greater exposure to domestic equities if their investments are sent through foreign portfolio investors (FPIs) registered at the GIFT City International Financial Services Centre (IFSC). The proposal will be taken during Sebi's board meeting on Saturday along with other key agenda items such as easing of voluntary delisting mechanism and introduction of a regulatory framework for real estate fractional ownership platforms, said people in the know. At present, the combined holdings of NRIs and OCIs in a global fund have to be less than 50 per cent, while that of a single NRI or OCI is capped at 25 per cent.
According to insiders, their lack of enthusiasm is showing on the ground. There is nothing to suggest that their enthusiasm will return in the final four phases of polling, observes N Sathiya Moorthy.
Noida was conceived in the 1970s and went on to transform the Western UP's landscape for good. Akin to the New Okhla Industrial Development Authority (Noida), the Yogi Adityanath government has instituted the Bundelkhand Industrial Development Authority (BIDA) with its epicentre in Jhansi.
The International Cricket Council said any player who had been through male puberty would not be able to compete in the women's game at the elite level.
Five sports, including cricket and flag football, proposed for inclusion at the Los Angeles 2028 Olympics were approved by the International Olympic Committee executive board on Friday.
While the remainder of the IPL has been shifted to the United Arab Emirates between September 15 to October 15, the BCCI doesn't want to let go the opportunity of hosting the T20 World Cup in October-November.
With both Boeing and Airbus pitching for the medium capacity long-range aircraft order worth over $1.5 billion, the Air-India board would meet on Saturday to finalise its decision on buying 10 aircraft with options for seven more.
IT services major Wipro is reconsidering a proposal of buy back of equity shares, said the company in a regulatory filing. A final decision on this will be taken during the board meeting to be held on April 26-27. The outcome of the board meeting will be communicated to the stock exchanges soon after conclusion on April 27.
'If you look at assets truly working for us, you should look at Aakash and Great Learning.'
Mulls ways to improve the bank's earnings, cut bad loans and step up credit recovery efforts
The Securities Appellate Tribunal (SAT) on Monday set aside the penalty imposed by Sebi on Reliance Industries Ltd's chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. The ruling has come after all the entities appealed before the tribunal against the order passed by the Securities and Exchange Board of India (Sebi) in January 2021. In January 2021, Sebi imposed a Rs 25 crore fine on Reliance Industries Ltd(RIL), Rs 15 crore on Ambani, who is the company's chairman and managing director, Rs 20 crore on Navi Mumbai SEZ Pvt Ltd and Rs 10 crore on Mumbai SEZ Ltd in RPL case.
It will be a 'three versus seven' fight at the ICC meeting in Dubai, with the BCCI, Cricket Australia and the England and Wales Cricket Board having prepared a 'Position Paper' that will allow three boards to control the parent body's functioning.
Amid a crowd of suitors lining up for acquiring Satyam Computer Services, the board of the beleaguered IT firm started its meeting on Wednesday.
The board also will decide on the funding arrangements to ensure scheduled payments, including salaries and vendor fees, for the next two months, till the end of March 2009. The board said in a release last Friday it had short-listed three candidates for the post of CEO and it expected to take a final look at it at the next meeting, which is on Tuesday.
Russians, Belarusians to participate at Paris Olympics as neutrals
The National Stock Exchange (NSE) of India is going to indefinitely defer the internal deadline set for extending trading hours, according to sources in the know. The exchange aimed to introduce a three-hour evening session exclusively for index derivatives by March 2024, contingent upon regulatory clearance from the Securities and Exchange Board of India (Sebi). Sources indicate that the market regulator has not provided a favourable indication, dimming optimism surrounding the proposal.
Rashtriya Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale on Tuesday said the organisation believes that there is no need to turn India into a 'Hindu Rashtra' or Hindu nation because the country has always been one.
Shreekant Sambrani remembers P R S 'Biki' Oberoi, personal friend and hospitality icon, who passed into the ages this week.
The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.
The third crucial meeting of the EPF Board began in New Delhi to decide on the interest rate for its 3 crore subscribers for this year amidst some trade unions' demands for 12 per cent interest against 9.5 per cent offered during 2003-04.
The crucial meeting of Employees Provident Fund Organisation board began in New Delhi on Wednesday to decide whether to continue with the 9.5 per cent interest rate for its 3 crore (30 million) subscribers.
Thursday's ruling does not affect any decision on Russian and Belarusian athletes' participation at the Paris 2024 Olympics which the IOC will take at a later date.
Real Madrid will join the complaint filed on Friday by Spanish prosecutors against Barcelona and two of the LaLiga club's ex-presidents over alleged payments to a company owned by a senior refereeing official to influence match results.
Contradicting reports have emerged about the ACC suggesting postponing the Asia Cup with India unable to travel.
The PCB will try to get more matches of the Asia Cup to be staged in Pakistan when the ACC board meets in Dubai on Sunday.
The Central Bureau of Investigation on Wednesday conducted searches at the premises of Sunak Bali, who was an aide of Satya Pal Malik when he was the governor of Jammu and Kashmir, and 11 other locations in Delhi and Rajasthan in the alleged insurance scam case, officials said.
A Central Bureau of Investigation team on Friday arrived at the Som Vihar residence of former Jammu and Kashmir governor Satya Pal Malik in connection with its probe in the alleged insurance "scam" in the Union territory which came to light after his statement that he was offered bribes to clear related files, officials said.
MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.
In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.
Dalmia Bharat Ltd on Monday announced the acquisition of the cement assets of Jaypee Group's flagship company Jaiprakash Associates Ltd and its associate firms at an enterprise value of Rs 5,666 crore. In a regulatory filing, Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement Bharat Limited (DCBL) has entered into a "binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates Limited and its associate company." The deal includes a total cement capacity of 9.4 Million tones (MnT) per annum, along with clinker capacity of 6.7 MnT and thermal power plants of 280MW at an enterprise value of Rs 5,666 crore, it added.
Najam Sethi met with officials of the Asian Cricket Council and objected to the move to relocate the Asia Cup to Sri Lanka
The Central Bureau of Investigation has asked former Jammu and Kashmir governor Satya Pal Malik to answer certain queries in connection with an alleged insurance scam in the Union Territory, officials said on Friday.
ICC banking on T20 for cricket's inclusion in Olympics
Uday Kotak has resigned as the managing director and chief executive officer of Kotak Mahindra Bank, the bank said in a stock exchange filing on Saturday.
Rohit Sharma led team won't travel to Pakistan, IPL chairman Arun Dhumal confirmed on Wednesday.
'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.
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).