The International Cricket Council decided to convert the 2021 ICC Champions Trophy scheduled in India into a World T20 event, finally scrapping the eight-team ODI tournament, the context and relevance of which has been questioned repeatedly.
With founder Subhash Chandra no longer in the driver's seat at Zee, the acid test for Punit Goenka would be to take the financial investors along with him even as he strives to weather the latest storm. The question, now, is how he will deal with the challenges of being a professional CEO rather than an owner-CEO in the aftermath of his family offloading most of its promoter stake to a clutch of financial investors. However, the silver lining is that Zee remains the most profitable of the top four broadcasters in India.
The new regulations will allow the insurers to charge an extra premium from policyholders who wish to buy riders with unit-linked insurance plans.
With India's Champions Trophy participation in doubt, the International Cricket Council (ICC) is still willing to pay the Board of Control for Cricket in India $100 million more than the original share from the revamped revenue model.
The government wants the RBI to part with most of its profit as dividend.
The Board of Control for Cricket in India is unlikely to come under the National Anti-Doping Agency (NADA) ambit anytime soon despite the constant push from the International Cricket Council, said the Indian board's acting president, C K Khanna.
The International Tennis Federation (ITF) has said it is working on additional measures, including a new relief fund, to support lower-ranked professionals who have been left in the lurch due to coronavirus-led lockdowns.
Chandrasekaran served TCS for three decades as it rose to become the largest IT company in the country and also the crown jewel for Tata Sons
The BCCI letter did not make a specific reference to Pakistan, which has been accused of harbouring terrorists by India.
There is as yet no clarity on how the process of consulting with the RBI Governor, initiated under Section 7 of the RBI Act, would unfold in the coming days. The government is keen that its suggestions made in the public interest should be heeded by the central bank, says A K Bhattacharya.
The additional cash will now give the Centre more headroom for stimulating the economy.
Only Rs 10,720 crore of the junked currency notes did not return to the banking system, rest 99.9 per cent was deposited raising question mark over the government's effort of curbing black money through the demonetisation.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
Wipro rose the most, up 3.12 per cent, ahead of its board meeting to discuss buyback of shares.
The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.
"We don't want any member country to get hurt. Especially India as they have always supported us. If India becomes weak, we also become weak."
Zimbabwe's cricketers are willing to 'play for free' to keep the game alive in the country, expressing their desperation to compete in the upcoming World Twenty20 Qualifiers.
The agreement is subject to approval by the IMF management and consideration by its executive board, which is expected in early April.
Infosys is yet to announce its 2014-15 results.
Japanese Prime Minister Shinzo Abe on Wednesday called for sports and cultural events to be scrapped or curtailed for two weeks as the country battles to stem coronavirus contagion amid mounting concerns the 2020 Tokyo Olympics could be cancelled. Abe's call came after a Tokyo baseball team said it would play games in an empty stadium this weekend, while two businesses in central Tokyo reported confirmed cases of infection a day after the government urged companies to recommend staff consider working from home.
He also said that the players can come in a month early to Australia to fulfill the self-isolation rules.
Commonwealth Archery and Shooting Championships will be held in Chandigarh
Sources close to the bank said non-executive and non-independent director Ajai kumar had been recommended for the interim CEO role.
New Zealand all-rounder Jimmy Neesham on Tuesday mocked the International Cricket Council after the world body decided to scrap the controversial boundary count rule that saw his team lose the ICC World Cup final to England in a controversial finish.
Paswan was a minister under six different prime ministers, hardly out of government since he was first elected to the Lok Sabha in 1977, observes Virendra Kapoor.
The assignment was earlier given to global audit firm EY. But it has now been reassigned owing to 'certain conflict of interest', the Bengaluru-based company said.
To cut its debt, promoter Kapil Wadhawan and promoter group Wadhawan Global Capitalhave resorted to measures such as sale of assets of group companies as well as securitisation of retail assets of DHFL to bring in liquidity.
Vodafone Idea, which reported a loss of Rs 6,439 crore in the December quarter, said it had received letters from the department of telecommunications (DoT) directing immediate payment of dues amounting to Rs 54,000 crores after the SC judgment. "The company is currently assessing the amount that it will be able to pay to DoT towards the dues calculated based on AGR, as interpreted by the Supreme Court in its order dated October 24, 2019. The company proposes to pay the amount so assessed in the next few days," it stated.
The capital infusion is expected to bolster its presence in the country by funding its key businesses to take on Indian rival Ola.
'Shouldn't the DGCA ensure both safety and convenience of passengers?' 'And convenience has been a casualty as nobody knows which Jet flight would be grounded next, throwing passengers' plans in disarray,' says Nivedita Mookerji.
'Shouldn't the DGCA ensure both safety and convenience of passengers?' 'And convenience has been a casualty as nobody knows which Jet flight would be grounded next, throwing passengers' plans in disarray,' says Nivedita Mookerji.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
Wenger's future at Arsenal will be decided after FA Cup final
In these times of enforced isolation, what are Bollywood folk up to?
The regulator is also planning to widen the ambit of 'deemed fraudulent activities'.
With this rejig, Mindtree's board will now have 12 board members from eight.
Godfrey Phillips, controlled by his father K K Modi, paid Rs 1.7 crore despite him not attending a single board meet
In March, Tata Steel announced its intention to sell the entire 10.5 million-tonne UK assets.
The survivor from Thrissur, who returned from Wuhan -- the epicentre of the pandemic -- recounts her road to recovery and her future plans. Shine Jacob reports
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances