News for 'corporate governance'

Indian Para-Athletes Urgently Need Corporate Support And Permanent Jobs

Indian Para-Athletes Urgently Need Corporate Support And Permanent Jobs

Rediff.com6 Aug 2026

Commonwealth Games gold medallist Soman Rana has highlighted the critical need for increased corporate support and permanent jobs for Indian para-athletes. He stressed that financial security is vital for athletes to focus on training and achieve consistent international success, including at events like the Paralympics and Para Asian Games. His views were echoed by PCI president Devendra Jhajharia and M3M Foundation chairperson Payal Kanodia, who noted the growing recognition and support for the Paralympic movement in India.

HC grants bail to Shiv Sena corporator in doctor assault case, externs him

HC grants bail to Shiv Sena corporator in doctor assault case, externs him

Rediff.com7 Aug 2026

The Bombay High Court has granted bail to Shiv Sena corporator Ramesh Mhatre and four others accused of assaulting doctors at a municipal hospital in Thane, ordering a fast-tracked, time-bound trial and imposing strict conditions including staying outside Maharashtra until the chargesheet is filed.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com6 days ago

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

Only 9 Women CEOs, 25 Women MDs in Top 500

Only 9 Women CEOs, 25 Women MDs in Top 500

Rediff.com13 Aug 2026

The top 500 listed companies had 860 women directors or board members overall.

HC stays bail of Shiv Sena corporator in doctors assault case

HC stays bail of Shiv Sena corporator in doctors assault case

Rediff.com18 Jul 2026

The Bombay High Court has taken suo motu cognisance and stayed the bail granted by a lower court to Shiv Sena corporator Ramesh Mhatre, accused of assaulting doctors at a municipal hospital in Thane district, directing him to surrender by Sunday evening.

Shiv Sena corporator, supporters assault doctors inside hospital, booked

Shiv Sena corporator, supporters assault doctors inside hospital, booked

Rediff.com8 Jul 2026

A Shiv Sena corporator, Ramesh Sukrya Mhatre, and five associates have been booked for allegedly assaulting two doctors at a civic-run hospital in Kalyan, Thane, after a family was advised to transfer a newborn due to lack of NICU space. The incident, captured on video, led to widespread outrage and threats of protests from the Indian Medical Association.

'Noel Tata May Want To Appoint Somebody'

'Noel Tata May Want To Appoint Somebody'

Rediff.com5 days ago

'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'

Sena corporator, aides held for assaulting doctors in Thane

Sena corporator, aides held for assaulting doctors in Thane

Rediff.com8 Jul 2026

Shiv Sena corporator Ramesh Mhatre and three associates have been arrested for allegedly assaulting doctors and medical staff at a civic-run hospital in Thane, Maharashtra, following public outrage and pressure from the Indian Medical Association.

Vijay government may privatise TN's liquor sales to curb graft

Vijay government may privatise TN's liquor sales to curb graft

Rediff.com30 Jul 2026

An intensified DVAC probe into a multi-crore liquor scam, allegedly involving former DMK Minister V Senthil Balaji, has led to a suggestion to privatise retail liquor sales in Tamil Nadu. The investigation targets alleged collusion in TASMAC bar licences, transport tenders, and procurement, with the Madras High Court dismissing Balaji's anticipatory bail plea. The FIR details systemic corruption, significant revenue loss, and illicit fund generation, prompting political reactions.

India Launches AI Champions Programme For Digital Governance

India Launches AI Champions Programme For Digital Governance

Rediff.com13 Jul 2026

A three-day 'AI Champions for Digital Governance' programme has commenced in New Delhi, hosted by ITDC, SCOPE, and LBSNAA. The initiative aims to train senior leadership and operational teams in applying artificial intelligence within public sector organisations, aligning with the IndiaAI Mission. Experts highlighted AI's role in improving efficiency, productivity, and public service delivery, while also emphasising responsible adoption and data quality. The programme seeks to build an AI-ready nation and contribute to India's vision of future-ready governance systems.

India Launches AI Champions Programme For Digital Governance

India Launches AI Champions Programme For Digital Governance

Rediff.com13 Jul 2026

A three-day 'AI Champions for Digital Governance' programme has commenced in New Delhi, hosted by ITDC, SCOPE, and LBSNAA. The initiative aims to train senior leadership and operational teams in applying artificial intelligence within public sector organisations, aligning with the IndiaAI Mission. Experts highlighted AI's role in improving efficiency, productivity, and public service delivery, while also emphasising responsible adoption and data quality. The programme seeks to build an AI-ready nation and contribute to India's vision of future-ready governance systems.

Maha panel to combat corporate sector harassment, conversions

Maha panel to combat corporate sector harassment, conversions

Rediff.com25 Jun 2026

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.

K'taka Oppn to lay siege to assembly on Monday over DKS minister's removal

K'taka Oppn to lay siege to assembly on Monday over DKS minister's removal

Rediff.com1 days ago

Leader of the Opposition in the Karnataka assembly R Ashoka on Sunday announced that the Bharatiya Janata Party and its ally Janata Dal-Secular would lay siege to Vidhana Soudha in Bengaluru on August 24 seeking the removal of planning and statistics minister B Nagendra from the cabinet.

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.

Liquor ban row: TN orders strict quality checks at distilleries

Liquor ban row: TN orders strict quality checks at distilleries

Rediff.com2 days ago

The Tamil Nadu government has mandated stringent quality testing across all distilleries in the state to ensure alcohol content compliance. This decision follows public concern over the temporary ban and swift clearance of products from a private manufacturer, Enrica Enterprises, by the state's liquor monopoly, TASMAC. The move aims to address suspicions and ensure public safety regarding alcoholic beverages.

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.

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

Rediff.com15 Jul 2026

The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

Rediff.com16 Aug 2026

The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.

NeoGeoInfo Secures USD 20 Million For Global Expansion

NeoGeoInfo Secures USD 20 Million For Global Expansion

Rediff.com6 days ago

NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.

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.

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Rediff.com23 Jul 2026

Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.

'There's Anger On The Ground Against BJP'

'There's Anger On The Ground Against BJP'

Rediff.com7 days ago

'If elections are held with honesty you will see their defeat.'

US Appeals Court Affirms $2 Billion Devas Award Against ISRO's Antrix

US Appeals Court Affirms $2 Billion Devas Award Against ISRO's Antrix

Rediff.com17 Aug 2026

A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.

India Inc's foreign borrowing intent surges to $6 billion in June

India Inc's foreign borrowing intent surges to $6 billion in June

Rediff.com7 Aug 2026

Indian companies, including NBFCs, filed proposals with the RBI to raise $6.08 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in June, marking a significant increase from the previous month.

Karnataka organisations divided over Cauvery water bandh call

Karnataka organisations divided over Cauvery water bandh call

Rediff.com12 Aug 2026

A call for a strike by the Federation of Kannada organisations against the CWMA's directive to release Cauvery water to Tamil Nadu has seen mixed support, with many groups offering only moral backing while essential services and schools are expected to function normally.

Maharashtra govt makes reporting snakebite cases compulsory

Maharashtra govt makes reporting snakebite cases compulsory

Rediff.com6 days ago

The Maharashtra government has declared snakebite a notifiable disease, mandating all healthcare providers to report cases and deaths. This move aims to strengthen monitoring, ensure timely treatment, and improve anti-snake venom availability, following a tragic incident where tribal schoolgirls died from snakebites.

Tata Sons AGM adjourned due to lack of quorum

Tata Sons AGM adjourned due to lack of quorum

Rediff.com6 days ago

A crucial annual general meeting (AGM) of Tata Sons, the primary holding company of the Tata conglomerate, was adjourned due to a lack of quorum, specifically the absence of representatives from the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT). The SRTT is currently under restrictions from the Maharashtra Charities Commissioner, preventing it from making major decisions or holding meetings, which impacted its ability to participate.

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

Rediff.com7 days ago

Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

Rediff.com5 days ago

High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Rediff.com4 days ago

A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Rediff.com3 days ago

Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.

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.

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.

RSS links in new NCERT political science textbook panel: What will change?

RSS links in new NCERT political science textbook panel: What will change?

Rediff.com5 days ago

The National Council of Educational Research and Training has reconstituted the Textbook Development Team for class 11 and 12 political science with a mandate to integrate cultural rootedness, Indian knowledge systems and inclusion, with at least four of the members having direct or indirect links with the RSS.

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.

How Goa's Drone Didi Scheme Is Empowering Women

How Goa's Drone Didi Scheme Is Empowering Women

Rediff.com15 Aug 2026

Goa has successfully completed its first pilot drone-skilling workshop for 12 women and plans to train 100 women annually under the Goa Drone Didi Training Scheme. This initiative aims to promote drone technology, rural livelihoods, and women-led entrepreneurship, aligning with the Centre's Namo Drone Didi programme.

How UPI Revolutionised India's Digital Payments Ecosystem

How UPI Revolutionised India's Digital Payments Ecosystem

Rediff.com1 days ago

The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.

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.

Empowering Women: FICCI FLO And MLA Launch Drone Pilot Training

Empowering Women: FICCI FLO And MLA Launch Drone Pilot Training

Rediff.com12 Aug 2026

FICCI FLO and UP BJP MLA Rajeshwar Singh are collaborating to train 100 women as 'drone pilots' in Lucknow. This initiative aims to provide employment and entrepreneurship opportunities in the burgeoning drone economy. The announcement was made at an event where MLA Singh also highlighted his efforts in public grievance redressal and establishing women's empowerment centres in his constituency.

Kolkata hotel blaze: Govt orders safety audit of hotels, guest houses

Kolkata hotel blaze: Govt orders safety audit of hotels, guest houses

Rediff.com5 days ago

A devastating fire in a central Kolkata building resulted in nine deaths, primarily due to asphyxia, and the rescue of around 80 people. West Bengal minister Kaushik Chowdhury highlighted the quick response of the Fire Brigade but raised concerns about safety norms, lack of windows, and the proliferation of cramped hotels within the building. An investigation committee will be formed, and fire audits will be conducted across all hotels in the state.