News for 'corporate governance'

Maha panel to combat corporate sector harassment, conversions

Maha panel to combat corporate sector harassment, conversions

Rediff.com5 days ago

Maharashtra Chief Minister Devendra Fadnavis announced the formation of a committee of women legislators to amend laws and ensure effective implementation against harassment and religious conversion in the corporate sector. This decision follows an incident at a TCS unit in Nashik involving alleged exploitation and forced conversion, which is currently under SIT investigation. Probes have also been ordered into similar complaints at a Spanish multinational in Pune and a government ITI in Solapur, highlighting a broader issue of workplace misconduct.

Kerala School Roof Collapse: Official Blames Municipal Corporation

Kerala School Roof Collapse: Official Blames Municipal Corporation

Rediff.com2 Jun 2026

A CPI(M) leader has blamed the municipal corporation for the roof collapse at a government school in Kerala, alleging negligence in issuing a fitness certificate.

Another Arrest In Assam Fisheries Corporation Scam

Another Arrest In Assam Fisheries Corporation Scam

Rediff.com31 May 2026

Another accused in the alleged financial irregularities in Assam Fisheries Development Corporation Ltd has been apprehended in Odisha, marking the ninth arrest in the case.

Jammu Municipal Corporation Deploys AI And Cold Emulsion Machines For Smart Road Maintenance

Jammu Municipal Corporation Deploys AI And Cold Emulsion Machines For Smart Road Maintenance

Rediff.com10 Jun 2026

The Jammu Municipal Corporation has launched an integrated system combining AI-based road monitoring with cold emulsion pothole patching machines. This initiative aims to ensure timely and scientific repair of damaged roads across the city, leveraging modern technology to identify and fix defects efficiently, especially before the monsoon season. The AI system also detects other civic issues, promoting smart urban governance.

Delhi Government Orders Audit Of Key Industrial Zones

Delhi Government Orders Audit Of Key Industrial Zones

Rediff.com8 Jun 2026

The Delhi government has announced a comprehensive audit of the Narela and Bawana industrial areas, covering the period from 2011-12 to 2025-26. The audit, initiated by the DSIIDC, aims to identify financial irregularities, fund diversions, and their financial impact within these public-private partnership projects.

CBI Uncovers Rs 661 Crore Government Funds Siphoning Scam

CBI Uncovers Rs 661 Crore Government Funds Siphoning Scam

Rediff.com7 Jun 2026

The CBI has conducted searches across Chandigarh, Panchkula, and Delhi-NCR in connection with an alleged Rs 661 crore fraud involving the siphoning of government funds from Haryana government departments and the Chandigarh administration. The probe targets public servants, bank officials, and a private consultancy, with a chargesheet already filed against some accused.

How BJP Dominated Haryana Municipal Corporation Elections

How BJP Dominated Haryana Municipal Corporation Elections

Rediff.com13 May 2026

The BJP has secured significant victories in the Haryana municipal corporation elections, winning in Ambala and Sonipat, and leading in Panchkula. The party also won the president's post in Sampla, a stronghold of former CM Bhupinder Singh Hooda, where the Congress did not field a candidate.

BJP Corporators Clash Over Development Contract In Jalna

BJP Corporators Clash Over Development Contract In Jalna

Rediff.com11 May 2026

BJP corporators in Jalna clashed over the passing of a development contract, leading to a police case being registered in connection with the violence.

How BJP Secured Victory In Haryana Municipal Corporation Polls

How BJP Secured Victory In Haryana Municipal Corporation Polls

Rediff.com13 May 2026

The BJP has achieved significant victories in the Haryana municipal corporation elections, securing wins in Ambala and Sonipat, and leading in Panchkula. The party also won the president's post in Sampla, a stronghold of former Chief Minister Bhupinder Singh Hooda, where the Congress did not field a candidate.

ICC suspends Cricket Canada's membership over governance breaches

ICC suspends Cricket Canada's membership over governance breaches

Rediff.com1 Jun 2026

The International Cricket Council has suspended Canada over breaches of the national board's membership obligations, weeks after the global governing body's anti-corruption unit launched an investigation into Cricket Canada.

4 Finance Careers That Really Pay Well

4 Finance Careers That Really Pay Well

Rediff.com28 May 2026

In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.

How AIMIM Corporator Sheltered TCS Employee Accused Of Conversion

How AIMIM Corporator Sheltered TCS Employee Accused Of Conversion

Rediff.com8 May 2026

Nida Khan, a TCS employee accused of religious conversion and sexual harassment, has been arrested in Chhatrapati Sambhajinagar. Police allege an AIMIM corporator provided her shelter. The arrest has sparked political reactions and renewed focus on workplace harassment prevention.

West Bengal Government To Prioritise Women's Safety And Freedom

West Bengal Government To Prioritise Women's Safety And Freedom

Rediff.com14 May 2026

West Bengal minister Agnimitra Paul has said the state government would ensure women can move freely at any time of the day, and that complaints lodged by them are treated by the police on a priority basis.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

Direct Tax Collection Jumps 15% to Rs 5.21 Trillion in First 2.5 Months of FY27

Direct Tax Collection Jumps 15% to Rs 5.21 Trillion in First 2.5 Months of FY27

Rediff.com19 Jun 2026

India's net direct tax collection has seen a robust 15 per cent increase, reaching approximately 5.21 trillion in the first two and a half months of FY27, as on June 17, driven by strong growth in both corporate and non-corporate tax segments.

Fitch slams corporate governance challenges in India

Fitch slams corporate governance challenges in India

Rediff.com10 May 2023

Fitch Ratings on Wednesday said the recent search by the enforcement directorate at gold-backed lender Manappuram Finance highlights corporate governance challenges that can arise in emerging markets like India. "Such searches need not lead to further regulatory action, but investigations raise reputational risk that could tarnish a lender's business prospects and constrict funding access due to reduced market confidence - potentially affecting an issuer's credit profile - even if no wrongdoing is identified," Fitch added. The rating agency said Manappuram Finance Ltd has disclosed that the Enforcement Directorate's search at its premises pertained to legacy non-compliant activities at its branches up until 2012.

Bengal Government To Prioritise Women's Safety And Complaints

Bengal Government To Prioritise Women's Safety And Complaints

Rediff.com13 May 2026

West Bengal minister Agnimitra Paul announced that the state government will ensure women's freedom of movement at any time and prioritise their complaints. CCTV monitoring will be introduced across civic bodies to enhance transparency and curb corruption. The government also plans to address illegal activities such as toll plazas, sand extraction, and coal mining, while streamlining welfare schemes and improving infrastructure projects.

Kolkata warehouse tragedy: Suvendu orders audit of all TMC-era projects

Kolkata warehouse tragedy: Suvendu orders audit of all TMC-era projects

Rediff.com3 days ago

A committee constituted by the West Bengal government to carry out a special audit of sanctioned plans for high-rise residential and commercial buildings in and around the city will meet on Friday to begin the exercise, Chief Minister Suvendu Adhikari said.

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Rediff.com30 Apr 2026

Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Rediff.com29 Apr 2026

Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.

Gujarat High Court Slams Yusuf Pathan Over Land Occupation

Gujarat High Court Slams Yusuf Pathan Over Land Occupation

Rediff.com19 Jun 2026

The Vadodara Municipal Corporation has valued a 978-square metre plot of land illegally occupied by Trinamool Congress MP Yusuf Pathan at Rs 2.10 lakh per square metre. Pathan has been occupying the land since 2012 despite the state government rejecting his proposal for allotment, and the Gujarat High Court has also ruled against him, criticising his continued possession.

Fadnavis orders probe into harassment complaint at Spanish firm in Pune

Fadnavis orders probe into harassment complaint at Spanish firm in Pune

Rediff.com5 days ago

Maharashtra Chief Minister Devendra Fadnavis has ordered probes into multiple allegations of sexual harassment and forced religious conversion at a Spanish multinational in Pune, a government-run ITI in Solapur, and a TCS unit in Nashik. The CM highlighted a pattern of such incidents in corporate firms and suggested forming a panel of women legislators to review existing laws and recommend improvements.

'King Kasab': Maha minister's remark fuels fresh KEM Hospital renaming row

'King Kasab': Maha minister's remark fuels fresh KEM Hospital renaming row

Rediff.com6 days ago

Maharashtra minister Mangal Prabhat Lodha has ignited a controversy by proposing to rename Mumbai's KEM Hospital, referring to King Edward VII as "King Kasab" who "looted India". The proposal faces opposition from other political parties, with the state government stating no final decision has been made.

Mohan Yadav Predicts BJP Government In West Bengal

Mohan Yadav Predicts BJP Government In West Bengal

Rediff.com29 Apr 2026

Madhya Pradesh Chief Minister Mohan Yadav has expressed confidence that the BJP will form a government in West Bengal, praising Prime Minister Narendra Modi's leadership and citing high voter turnout as a sign of public trust.

GenAI Talent Shortage Hits India

GenAI Talent Shortage Hits India

Rediff.com1 days ago

GenAI recorded the widest talent gap, followed by AI deployment engineering (72.4 per cent), AI governance (70 per cent), and MLOps (68 per cent).

Why China's Bangladesh Push Should Worry India

Why China's Bangladesh Push Should Worry India

Rediff.com7 hours ago

Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Rediff.com19 hours ago

Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.

'No one will be spared': Adhikari blames ex-mayor Hakim for warehouse collapse

'No one will be spared': Adhikari blames ex-mayor Hakim for warehouse collapse

Rediff.com4 days ago

West Bengal Chief Minister Suvendu Adhikari has alleged that the building plan for the collapsed Kolkata warehouse, which killed 10 people, was approved despite a faulty design and bears the signature of former mayor and TMC leader Firhad Hakim. Adhikari announced Rs 10 lakh compensation for the deceased's families and Rs 1 lakh for the injured, while also suspending all construction work in the Kolkata Metropolitan Area for four weeks for an audit of sanctioned plans.

Day 3 of BEST strike: Special buses for NEET re-exam

Day 3 of BEST strike: Special buses for NEET re-exam

Rediff.com21 Jun 2026

The Brihanmumbai Electric Supply and Transport (BEST) undertaking arranged special bus services for students appearing in the NEET re-examination in Mumbai, deploying 60 buses on 24 routes for approximately 180 trips, despite an ongoing strike by its employees that has paralysed public transport.

5 diamonds weighing 1.22 carats found during exploration in Chhattisgarh

5 diamonds weighing 1.22 carats found during exploration in Chhattisgarh

Rediff.com7 days ago

Five diamonds, including two of gem quality, have been discovered during scientific exploration in Chhattisgarh's Mahasamund district. This significant find in the Baloda-Belmundi Diamond Block could establish a new diamond-bearing region, promising future investments, revenue generation, and employment opportunities for the state and strengthening India's domestic diamond resources.

Shiv Sena at 60: Uddhav group fights for existence, Shinde's for relevance

Shiv Sena at 60: Uddhav group fights for existence, Shinde's for relevance

Rediff.com19 Jun 2026

As the Shiv Sena marks 60 years, political experts highlight the Uddhav Thackeray-led faction's existential crisis and the Eknath Shinde-led group's struggle for relevance in the face of a dominant BJP, a significant shift from the party's historical 'elder brother' status in Maharashtra.

India's long-term consumption story intact despite challenges: KKR

India's long-term consumption story intact despite challenges: KKR

Rediff.com11 Jun 2026

Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.

Arunachal flood: Landslides hinder search for missing persons

Arunachal flood: Landslides hinder search for missing persons

Rediff.com5 days ago

An IAF helicopter has been deployed to assist in the search and rescue of four people missing after flash floods and landslides in Arunachal Pradesh's Keyi Panyor district. Incessant rain has cut off six districts, damaged homes, and injured 17, with one fatality reported. Efforts are also underway to restore crucial road connectivity.

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

Rediff.com19 Jun 2026

Tamil Nadu's new government, led by C Joseph Vijay, is committed to advancing the ~38,000 crore shipbuilding project with HD Hyundai in Thoothukudi, securing bipartisan support from the Opposition DMK, despite initial industry concerns about policy continuity after the change in leadership.

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com4 May 2026

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.

Less than 7% water stock left in Mumbai reservoirs

Less than 7% water stock left in Mumbai reservoirs

Rediff.com1 days ago

The BMC is closely monitoring reservoir levels and enforcing water conservation measures as concerns over supply grow.

Why Taiwan Is At The Heart Of US-China Rivalry

Why Taiwan Is At The Heart Of US-China Rivalry

Rediff.com1 days ago

For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.

Bengal's mid-day meal shift sparks fresh egg vs veg debate

Bengal's mid-day meal shift sparks fresh egg vs veg debate

Rediff.com3 days ago

The move has sparked a political row, with the opposition accusing the BJP of promoting a vegetarian agenda.

Two Bengaluru Municipal Corporation officials arrested for allegedly accepting a bribe

Two Bengaluru Municipal Corporation officials arrested for allegedly accepting a bribe

Rediff.com2 Apr 2026

Two Bengaluru Municipal Corporation officials were arrested for allegedly accepting a bribe of Rs three lakh in connection with pending 'Khata' work.