News for 'board-meeting'

Will WTC 2025-27 cycle see bonus points for big wins?

Will WTC 2025-27 cycle see bonus points for big wins?

Rediff.com20 Mar 2025

The ICC is considering awarding bonus points for innings victories or for a win above a certain big margin such as 100 runs.

100th Executive Board Meeting: HI appoints Sardar Singh, Rani Rampal

100th Executive Board Meeting: HI appoints Sardar Singh, Rani Rampal

Rediff.com10 Aug 2023

Hockey India President Dilip Tirkey on Thursday confirmed the appointment of Indian former field hockey player Sardar Singh and Rani Rampal as the chief coach

How Sebi plans to ensure greater transparency and ease of doing business

How Sebi plans to ensure greater transparency and ease of doing business

Rediff.com25 Mar 2025

Under its new chairman Tuhin Kanta Pandey, the Securities and Exchange Board of India (Sebi) has gravitated towards greater transparency and ease of doing business, setting an objective of "effective and optimum" regulation. On Monday, during its first board meeting under Pandey, the regulator has decided to constitute a high-level committee (HLC) to review conflicts of interest and unveiled initiatives to simplify regulatory processes.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

Meet India's first private reinsurer

Meet India's first private reinsurer

Rediff.com15 Mar 2025

In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.

'We talk about India in every board meeting'

'We talk about India in every board meeting'

Rediff.com23 May 2023

'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

Rediff.com26 Sep 2023

While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.

What Is A Front-Running Scam?

What Is A Front-Running Scam?

Rediff.com4 Jan 2025

Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit.

TTD to offer free education to kids of stampede victims

TTD to offer free education to kids of stampede victims

Rediff.com11 Jan 2025

The Tirumala Tirupati Devasthanams (TTD) Trust board on Friday expressed condolences over the recent stampede here and decided to offer free education for the deceased victims' children at its institutions.

TCS cancels Thursday's Q2 earnings press meet

TCS cancels Thursday's Q2 earnings press meet

Rediff.com10 Oct 2024

Tata Consultancy Services (TCS) has cancelled a press conference scheduled on Thursday evening to announce its second quarter performance, company officials said. The press conference was originally scheduled at 1730 hours on Thursday.

Sebi board decides to tighten SME IPO norms and more

Sebi board decides to tighten SME IPO norms and more

Rediff.com19 Dec 2024

The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information (UPSI). Also, the board approved reforms to boost ease of doing business for Debenture Trustees, ESG rating providers, InvITs, REITs, and SM REITs.

If India can't play in Pakistan, then..: PCB warns ICC

If India can't play in Pakistan, then..: PCB warns ICC

Rediff.com28 Nov 2024

The Pakistan Cricket Board informed the International Cricket Council on Thursday that it will not accept the Hybrid model for next year's ICC Champions Trophy.

Sebi board okays new asset class, MF Lite rules

Sebi board okays new asset class, MF Lite rules

Rediff.com1 Oct 2024

The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, designed to offer greater flexibility to fund managers and target investors with a higher risk appetite. The markets regulator also cleared the liberalised Mutual Funds Lite (MF Lite) framework, aimed at fund houses that solely launch passively managed schemes. In another significant move, the board reduced the timeframe for rights issues from the current 317 working days to just 23.

Ministry permits video conferencing board meets till June 30

Ministry permits video conferencing board meets till June 30

Rediff.com21 Mar 2020

Companies will have to follow all requirements laid out under rules for holding board meetings via video conferencing such as recording of these proceedings, ensuring availability of proper equipment among others.

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.

Sebi plans new asset class; minimum investment of Rs 10 lakh

Sebi plans new asset class; minimum investment of Rs 10 lakh

Rediff.com30 Sep 2024

Capital markets regulator Sebi on Monday cleared a proposal to introduce a new asset class for high-risk profile investors to bridge the gap between mutual funds and portfolio management services in terms of flexibility in asset construction. The minimum amount of Rs 10 lakh can be invested for the new asset class per investor across all investment strategies of the new product in a particular AMC.

India-Pakistan won't face-off in Champions Trophy?

India-Pakistan won't face-off in Champions Trophy?

Rediff.com28 Nov 2024

So, will the members discuss the possibility of placing India and Pakistan in different groups in the league stage of the tournament to avoid Men in Blue's travel to the neighbouring country?

Shaktikanta Das impresses first RBI board meeting

Shaktikanta Das impresses first RBI board meeting

Rediff.com15 Dec 2018

'His (Das) approach to work seems that of working as a team with ease in communication.'

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.

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

Rediff.com11 Nov 2024

The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.

Jay Shah to head ICC for three years

Jay Shah to head ICC for three years

Rediff.com21 Oct 2024

During the ICC board meeting, the global body also approved a series of women's Associate Member T20 competitions to boost the competitiveness of smaller cricket-playing nations as it prepares for the expansion of women's events in the 2028-2031 cycle.

Financial regulators back ISA 600 for auditors of listed companies

Financial regulators back ISA 600 for auditors of listed companies

Rediff.com3 Sep 2024

The National Financial Reporting Authority (NFRA) will invite public comments on the revised International Standard on Auditing 600 (ISA 600) proposed to be adopted by publicly listed companies and non-public-sector banks, sources close to the development told Business Standard. The decision to take this "graded approach" for the adoption of the ISA, which is meant to rein in auditors often found hiding behind the audit reports signed off by subsidiary companies, was taken at a meeting of various financial sector regulators at NFRA's board meeting on Monday (August 26). The idea behind upgrading the Standards of Audit 600 currently followed by Indian auditors to ISA 600 is to plug current gaps, which have led to major audit lapses in the recent past.

Sebi removed 15,000 sites with unauthorised advice in three months

Sebi removed 15,000 sites with unauthorised advice in three months

Rediff.com2 Sep 2024

Kamlesh Chandra Varshney, a whole-time member of the Securities and Exchange Board of India (Sebi), said on Friday that the market regulator in the last three months had removed around 15,000 content sites linked to unregistered finfluencers or providing unauthorised investment advice. Speaking at the Global Fintech Fest, he said there was successful engagement with the technology providers who are complying with the regulator's request.

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Rediff.com17 Jul 2024

The possible instances of front running at Quant Mutual Fund have likely pushed the Securities and Exchange Board of India (Sebi) to expedite the implementation of an institutional mechanism framework designed to curb such market abuses. This framework, approved by the Sebi board in April, was slated to take effect six months after its notification. But, recent developments have set the wheels of regulation turning faster.

Why John Wright enjoyed success as India coach!

Why John Wright enjoyed success as India coach!

Rediff.com7 Nov 2024

Former chairman of selectors Sandeep Patil feels John Wright's approach of giving a free-hand to players led to his successful coaching stint with India

Tata Group stocks rise up to 10%

Tata Group stocks rise up to 10%

Rediff.com10 Oct 2024

Shares of Tata Group companies on Thursday rose up to 10 per cent, with Tata Chemicals and Tata Teleservices among the major gainers. Tata Sons Chairman Emeritus Ratan Tata, who played a key role in transforming the group into a global conglomerate, passed away late on Wednesday. He was 86. "Investors can pay tribute to Ratan Tata and the great corporate empire he built by buying stocks like TCS, Tata Motors, Tata Steel, Tata Consumer and Indian Hotels.

Zee cancels board meeting due to lack of quorum

Zee cancels board meeting due to lack of quorum

Rediff.com26 Oct 2021

Media major Zee Entertainment Enterprises Ltd (ZEEL) has cancelled its board meeting, scheduled to be held on Wednesday for considering the results for the July-September quarter, due to lack of quorum. In a regulatory filing on Tuesday, ZEEL said, "A meeting of the Board of Directors of the Company, which was scheduled to be held on Wednesday, October 27, 2021, inter alia, to consider and approve the unaudited financial results of the Company both on a standalone and consolidated basis for the 2nd quarter and half year ended September 30, 2021, has been cancelled due to lack of quorum." The development comes at a time when the company is battling it out the single-largest shareholders Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC that together hold 17.88 per cent and have been pressing for an extraordinary general meeting of shareholders for removing managing director Punit Goenka, besides opposing ZEEL's proposed merger deal with Pictures Network India (SPNI).

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.

IOC penalises IOA over ongoing internal row

IOC penalises IOA over ongoing internal row

Rediff.com11 Oct 2024

Withholds Olympic Solidarity fund

Wipro's share buyback decision on Oct 13 board meeting

Wipro's share buyback decision on Oct 13 board meeting

Rediff.com9 Oct 2020

The company, which in the previous quarter announced former Capgemini top executive Thierry Delaporte as its new chief executive officer and managing director, is looking at improving its performance in coming quarters.

Gag order for Pakistan cricket officials on India!

Gag order for Pakistan cricket officials on India!

Rediff.com1 Aug 2024

Pakistan Cricket Board (PCB) chairman Mohsin Naqvi has advised his office and fellow colleagues to not issue any statements related to India

Afghanistan pledges participation in Champions Trophy in Pakistan

Afghanistan pledges participation in Champions Trophy in Pakistan

Rediff.com23 Jul 2024

The Champions Trophy is the first major ICC event scheduled in Pakistan, since jointly hosting the 1996 World Cup with India and Sri Lanka.

Over 93% retail traders lost money in F&O in three years, says Sebi

Over 93% retail traders lost money in F&O in three years, says Sebi

Rediff.com24 Sep 2024

An analysis by the Securities and Exchange Board of India (Sebi) has revealed that retail traders remain at the wrong end of the stick when it comes to equity derivatives trading. About 93 per cent of them incurred an average loss of Rs 2 lakh (per trader) during the last three financial years. The new report highlights an increase in the loss-making individual investors in futures and options (F&O) to 91.1 per cent in FY24 compared to 89 per cent in FY22.

Sebi may notify tighter rules for F&O trade soon

Sebi may notify tighter rules for F&O trade soon

Rediff.com5 Sep 2024

The Securities and Exchange Board of India (Sebi) is likely to notify soon stricter derivatives trading norms aimed at curbing speculative trading activity and curtailing losses of over Rs 50,000 crore incurred by retail investors every year. Based on the feedback received from industry participants, seven measures proposed by the market regulator in a consultation paper in July may be implemented with minor tweaks ahead of its forthcoming board meeting, said sources.

Champions Trophy to be held entirely in Pakistan: PCB

Champions Trophy to be held entirely in Pakistan: PCB

Rediff.com7 Jul 2024

PCB Chairman Mohsin Naqvi said the Champions Trophy would be held entirely in Pakistan.

BJP parliamentary board meeting to pick VP candidate today

BJP parliamentary board meeting to pick VP candidate today

Rediff.com16 Jul 2022

Political watchers are keen to see if the party will now opt for a more seasoned face from its ranks for the vice presidential candidate.

Will BCCI's Jay Shah take over the reins at ICC?

Will BCCI's Jay Shah take over the reins at ICC?

Rediff.com17 Jul 2024

All eyes will be on BCCI secretary Jay Shah during the four-day ICC Annual Conference in Colombo, starting on Friday, where there might be serious discussions about when he will take over from New Zealander Greg Barclay as the chairman of the global body.

ICC makes stop clocks permanent in ODIs, T20s

ICC makes stop clocks permanent in ODIs, T20s

Rediff.com15 Mar 2024

Clocks can be stopped in some cases as determined by the third umpire, such as when a new batter comes to the wicket in between overs, during official drinks breaks and injury breaks among other circumstances.

What happened just minutes before the Tata board meeting

What happened just minutes before the Tata board meeting

Rediff.com28 Oct 2016

Ahead of the board meeting that afternoon, in fact only minutes before that, then chairman Cyrus Mistry was given an opportunity to step down, it is learnt. But, Mistry declined

Vodafone abstains from Bharti board meet

Vodafone abstains from Bharti board meet

Rediff.com23 Jan 2007

Bharti Airtel on Tuesday welcomed the decision of the directors of Vodafone to abstain from its board meeting, in view of the UK-based telecom major's interest in acquiring rival Hutch-Essar.