News for 'com MD'

'EVs are the only way to decarbonise'

'EVs are the only way to decarbonise'

Rediff.com24 Jan 2025

About 99,165 electric cars were sold in India in 2024, but electric car penetration -- share of electric car sales in total sales -- was just about 2.5 per cent.

Ranji Final: Bowlers star as Vidarbha take vital lead

Ranji Final: Bowlers star as Vidarbha take vital lead

Rediff.com28 Feb 2025

Harsh Dubey strikes twice as Kerala reach 219/5 at lunch on Day 3 in Ranji final against Vidarbha

Ranji Trophy: Dogra's century helps J&K set Kerala stiff target

Ranji Trophy: Dogra's century helps J&K set Kerala stiff target

Rediff.com11 Feb 2025

Skipper Paras Dogra led by example with a fine century to help Jammu and Kashmir set Kerala a stiff target of 399 on Day 4 of their Ranji Trophy quarter-final.

Tata Power, BoB ink pact for rooftop solar projects

Tata Power, BoB ink pact for rooftop solar projects

Rediff.com6 Feb 2025

Tata Power Renewable Energy Ltd (TPREL) has partnered with Bank of Baroda to offer financing for residential rooftop solar projects under the PM - Surya Ghar Muft Bijli Yojana. The partnership aims to make clean energy solutions accessible to households across India. Customers can avail loans up to Rs 6 lakh at an interest rate starting at 7 per cent per annum. The scheme offers flexible repayment tenures and requires a margin contribution of 10-20 per cent depending on the installation size.

Hair loss outbreak in Maha village linked to wheat?

Hair loss outbreak in Maha village linked to wheat?

Rediff.com25 Feb 2025

The cases of sudden hair loss, or 'acute onset alopecia totalis', were reported in 279 persons in 18 villages of Buldhana between December 2024 and January this year, prompting authorities to order a probe into the matter.

India summons Bangladesh envoy over negative statements by officials

India summons Bangladesh envoy over negative statements by officials

Rediff.com8 Feb 2025

India has summoned Bangladesh's acting High Commissioner, expressing concern over recent statements by Bangladesh authorities that "portray India negatively" and hold New Delhi responsible for internal governance issues. The Ministry of External Affairs said India desires a positive relationship with Bangladesh, but these statements "vitiate the atmosphere" and are "responsible for persistent negativity." The statement comes after Bangladesh's interim government accused deposed Prime Minister Sheikh Hasina of "provocative" statements from India that led to unrest in Bangladesh.

Bangladesh in battle for survival vs high-flying Kiwis

Bangladesh in battle for survival vs high-flying Kiwis

Rediff.com23 Feb 2025

A confident New Zealand side will be eager to seal a semi-final spot when they take on Bangladesh, who will be fighting for survival, in their Champions Trophy Group A match in Rawalpindi on Monday.

Indians Want To Make An Experience Of Every Trip

Indians Want To Make An Experience Of Every Trip

Rediff.com1 Apr 2025

'Adventure travel, cultural tours, and wellness retreats are in high demand.'

India summons Bangladesh envoy amid border row

India summons Bangladesh envoy amid border row

Rediff.com13 Jan 2025

The summon to the Bangladesh Deputy High Commissioner comes a day after the Indian High Commissioner to Dhaka, Pranay Verma was summoned by the Bangladesh foreign ministry on Sunday.

CT 2025: Pakistan, Bangladesh out: Pride at stake now

CT 2025: Pakistan, Bangladesh out: Pride at stake now

Rediff.com26 Feb 2025

Pakistan and Bangladesh will face off in a dead rubber match in the Champions Trophy on Thursday, both teams looking to salvage some pride after disappointing tournament performances. Both teams have suffered heavy defeats to New Zealand.

India U19's explosive form makes them favourites

India U19's explosive form makes them favourites

Rediff.com30 Jan 2025

India would like to continue their flawless campaign when they take on England in the semifinal

Why health insurance premium growth is in slow lane

Why health insurance premium growth is in slow lane

Rediff.com11 Mar 2025

Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. According to General Insurance Council data, health insurance premiums grew by 10.44 per cent year-on-year (Y-o-Y) in the Apr-Jan period of FY25 in comparison with 20.79 per cent in the year-ago period. It was around 23.57 per cent in FY23, and 25.89 per cent in FY22.

Want To Know What A CEO/MD Earns?

Want To Know What A CEO/MD Earns?

Rediff.com28 Dec 2022

The average top executive monthly compensation is Rs 1 crore. The median employee salary is now Rs 820,000.

Office leasing hit record 885 lakh sq ft in 2024 in India's top 8 cities

Office leasing hit record 885 lakh sq ft in 2024 in India's top 8 cities

Rediff.com3 Jan 2025

India's office market was very active in 2024 with gross leasing of workspace witnessing a 19 per cent increase to a record 885.2 lakh square feet across eight major cities, according to Cushman & Wakefield. The gross leasing or absorption of office space stood at 745.6 lakh square feet in the preceding year, data from real estate consultant Cushman & Wakefield (C&W) showed.

Taxmen raid former NSE MD Chitra Ramkrishna's home

Taxmen raid former NSE MD Chitra Ramkrishna's home

Rediff.com17 Feb 2022

Ramkrishna is in the news after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayan ranges, in the appointment of Anand Subramanian as the exchange's group operating officer and advisor to the managing director (MD).

Rajouri deaths: Central team collects samples; curbs imposed

Rajouri deaths: Central team collects samples; curbs imposed

Rediff.com20 Jan 2025

A high-level inter-ministerial team conducted a six-hour investigation in Badhaal village, Rajouri district, Jammu and Kashmir, to ascertain the causes of death of 17 members of three families under mysterious circumstances. The team, led by a director-rank officer in the Union Ministry of Home Affairs, collected samples and briefed by senior district, health and police officers. The team's visit follows the deaths of 16 people between December 7 and January 19. The investigation is ongoing, with authorities focusing on potential neurotoxins and a spring that tested positive for pesticides.

Tribunal stays Sebi's order on Yes Bank's former MD Rana Kapoor

Tribunal stays Sebi's order on Yes Bank's former MD Rana Kapoor

Rediff.com14 Sep 2023

The Securities Appellate Tribunal (SAT) has granted an interim stay on a Sebi order that slapped a penalty of Rs 2 crore on Yes Bank's former MD Rana Kapoor in a case of mis-selling the private sector lender's AT1 bonds. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case. The interim relief came after capital markets regulator Sebi in July issued a demand notice to Kapoor, warning arrest and attachment of his assets over non-payment of the fine of Rs 2 crore, along with the interest.

Paytm Payments Bank MD and CEO Surinder Chawla quits

Paytm Payments Bank MD and CEO Surinder Chawla quits

Rediff.com9 Apr 2024

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. "Surinder Chawla, managing director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.

CBI moves plea in HC seeking death penalty for RG Kar convict

CBI moves plea in HC seeking death penalty for RG Kar convict

Rediff.com24 Jan 2025

The Central Bureau of Investigation (CBI) on Friday filed an appeal before the Calcutta high court, seeking death penalty for RG Kar hospital rape-murder case convict Sanjay Roy.

HUL appoints Rohit Jawa as new MD & CEO

HUL appoints Rohit Jawa as new MD & CEO

Rediff.com11 Mar 2023

FMCG major HUL on Friday announced the appointment of Rohit Jawa as the managing director & chief executive officer to succeed Sanjiv Mehta who will retire from the company after leading it for a decade. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for a term of five consecutive years with effect from June 27, 2023, the company said in a statement. "The appointment of Rohit Jawa as a whole-time director and MD & CEO will be subject to approval of Shareholders and other statutory approvals as may be applicable," it added.

Ola Electric drives in 8 scooters under S1 Gen 3 portfolio

Ola Electric drives in 8 scooters under S1 Gen 3 portfolio

Rediff.com31 Jan 2025

Ola Electric on Friday said it has launched eight scooter models under the S1 brand, developed on its Gen 3 platform, priced between Rs 79,999 and Rs 1,69,999. The company said it will continue to sell retail its Gen 2 scooters along with the latest Gen 3 S1 scooters.

Cong slams Assam CM after govt reports 72 encounters

Cong slams Assam CM after govt reports 72 encounters

Rediff.com4 Mar 2025

The opposition Congress in Assam has accused the BJP government of running a "police raj" after official data revealed that 72 people were killed and 220 injured in police actions since Himanta Biswa Sarma became the chief minister in May 2021. The Congress has demanded that the Supreme Court take suo motu cognisance of the data and investigate the alleged fake encounters in the state. The data shows that a total of 256 police actions have been taken between May 2021 and February 2024, resulting in the deaths of 38 people in police remand and 34 more while in custody but before remand. The Congress has alleged that the ruling party is using the police for political gains, while the government has defended its actions, stating that police cases have been registered in each incident and that the NHRC guidelines have been followed.

Will India's FMCG sector see consumption revival in 2025?

Will India's FMCG sector see consumption revival in 2025?

Rediff.com23 Dec 2024

The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss.

Indian-American Jay Bhattacharya to be Trump's health agency head

Indian-American Jay Bhattacharya to be Trump's health agency head

Rediff.com27 Nov 2024

US President-elect Donald Trump has nominated Indian-American scientist Jay Bhattacharya to lead the National Institutes of Health (NIH), the country's top health research and funding institutions. Bhattacharya, a professor of Health Policy at Stanford University, is known for his research on the health and well-being of vulnerable populations. Trump also nominated Jim O'Neill as the deputy secretary of Health and Human Services to work alongside Robert F. Kennedy Jr.

Why brokerages have revised their target prices for DMart

Why brokerages have revised their target prices for DMart

Rediff.com14 Jan 2025

Brokerages on DMart Q3 results: Avenue Supermarts (DMart) shares slipped as much as 5.74 per cent to hit an intraday low of Rs 3,474 per share on Monday. However, the stock recovered slightly to close at Rs 3,507.95, down 4.82 per cent. Notably, the 52-week low for DMart shares is Rs 3,400. The downward movement in DMart's share price was triggered by the company's 2024-25 (FY25) October-December quarter (Q3) results, which missed Street expectations.

Unbeaten India, SA in battle for U-19 Women's WC crown

Unbeaten India, SA in battle for U-19 Women's WC crown

Rediff.com1 Feb 2025

Unbeaten so far in the tournament, a dominant India will start as overwhelming favourites to win their second consecutive women's Under-19 T20 World Cup crown when they take on also-undefeated South Africa in the final in Kuala Lumpur on Sunday.

Ranji final: Form favours Vidarbha vs sprightly Kerala

Ranji final: Form favours Vidarbha vs sprightly Kerala

Rediff.com25 Feb 2025

Former winners Vidarbha will rely on their red-hot form to stake claim for a title they last won over five years ago, while first-time finalists Kerala will be driven by grit when the two contrasting teams clash in the summit showdown for the 90th Ranji Trophy, starting in Nagpur on Wednesday.

Eminent cardiac surgeon Dr KM Cherian dies at 80

Eminent cardiac surgeon Dr KM Cherian dies at 80

Rediff.com26 Jan 2025

Eminent cardiac surgeon Dr K M Cherian, who performed the country's first coronary artery bypass surgery about 50 years ago, has passed away. The veteran surgeon, in his 80s, died in Bengaluru on Saturday after reportedly collapsing during a function. Prime Minister Narendra Modi and Tamil Nadu Chief Minister M K Stalin have expressed their condolences, recognizing Dr Cherian's contributions to cardiology. Dr Cherian, who founded the Frontier Lifeline hospital in Chennai, was a recipient of the Padma Shri award.

Equity boom spurs shareholder activism

Equity boom spurs shareholder activism

Rediff.com9 Dec 2024

Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.

Court rejects FIR plea over MF Husain's paintings row

Court rejects FIR plea over MF Husain's paintings row

Rediff.com24 Jan 2025

A Delhi court refused to order an FIR on a complaint alleging that two paintings by late artist M F Husain hurt religious sentiments, stating that no further investigation was required. The court, however, issued notice to the Delhi Art Gallery for a complaint case hearing on February 12. The paintings, featuring Hindu deities Hanuman and Ganesh, were seized by the police earlier this month following the complaint. The complainant, advocate Amita Sachdeva, argued that the paintings insulted the revered deities and constituted obscenity.

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Rediff.com21 Feb 2025

Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.

Air India will increase its global coverage: CEO Wilson

Air India will increase its global coverage: CEO Wilson

Rediff.com1 Jan 2025

Air India has covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline's chief Campbell Wilson said on Wednesday. He also said the interior refit of the single-aisle fleet, serving domestic and short-haul international destinations, is underway, and will be completed by mid-2025.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com3 Feb 2025

RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.

'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.'

TDP Reacts Cautiously To Adani Charges

TDP Reacts Cautiously To Adani Charges

Rediff.com22 Nov 2024

The Telugu Desam Party, a key member of the National Democratic Alliance, will react to allegations of the Adani Group paying bribes for solar power contracts in Andhra Pradesh only after studying the issue.

13 candidates in fray for PNB top job

13 candidates in fray for PNB top job

Rediff.com2 Oct 2024

At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.

Rupee REER declines in Dec after Nov peak

Rupee REER declines in Dec after Nov peak

Rediff.com20 Jan 2025

The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed. The REER was 103.66 in January 2024. The rupee depreciated around 3 per cent against the dollar in 2024.

SRK, Sachin Hug At Swearing In

SRK, Sachin Hug At Swearing In

Rediff.com5 Dec 2024

Mukesh Ambani, accompanied by younger son Anant and younger daughter-in-law Radhika Merchant Ambani, were among the many celebrities who attended Devendra Fadnavis' swearing in at Azad Maidan on Thursday afternoon.

Ranji Thriller: Can Gujarat overhaul Kerala's 457?

Ranji Thriller: Can Gujarat overhaul Kerala's 457?

Rediff.com20 Feb 2025

A resilient 72-run unbroken partnership for the eighth wicket between Jaymeet Patel and Siddharth Desai, following a commanding 148 from opener Priyank Panchal, kept Gujarat on the brink of a third Ranji Trophy final as they finished day four at 429/7 in response to Kerala's 457.

Will it be Chakravarthy over Kuldeep for India's Champions Trophy opener?

Will it be Chakravarthy over Kuldeep for India's Champions Trophy opener?

Rediff.com19 Feb 2025

Although India are playing a strong brand of 50-overs' cricket of late, they have some selection riddles to solve before they face Bangladesh in their opening match of the Champions Trophy.