News for 'independent director'

7 Money Secrets Rich People Don't Want You To Know

7 Money Secrets Rich People Don't Want You To Know

Rediff.com24 Apr 2025

Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan

2024's Must Watch Indian Films

2024's Must Watch Indian Films

Rediff.com26 Dec 2024

Aseem Chhabra picks his top 10 Indian films of 2024, which includes films that have had theatrical releases or are streaming on OTT.

'Justice Varma Must Be Impeached Or Resign'

'Justice Varma Must Be Impeached Or Resign'

Rediff.com25 Mar 2025

'If we stay silent now, we betray the very foundation of justice in this country.'

Why IndusInd Bank shares tanked over 27% on the bourses

Why IndusInd Bank shares tanked over 27% on the bourses

Rediff.com11 Mar 2025

IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses. IndusInd Bank CEO and managing director Sumant Kathpalia said that the accounting lapse was noted around September-October last year and the bank gave a preliminary update to the RBI about this last week.

IndusInd Bank stock tanks 27 pc after Rs 2,100 cr accounting lapse

IndusInd Bank stock tanks 27 pc after Rs 2,100 cr accounting lapse

Rediff.com11 Mar 2025

IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.

HUL's Q1 profit rises 6.9% to Rs 2,556 crore

HUL's Q1 profit rises 6.9% to Rs 2,556 crore

Rediff.com20 Jul 2023

Hindustan Unilever Ltd on Thursday reported a 6.9 per cent rise in consolidated profit after tax at Rs 2,556 crore in the first quarter ended June 30, 2023, riding on a gradual recovery in the FMCG industry despite operating in challenging environment. The company had posted a consolidated net profit of Rs 2,391 crore in the same quarter last fiscal, Hindustan Unilever Ltd said in a regulatory filing. Consolidated total income in the first quarter stood at Rs 15,679 crore as against Rs 14,757 crore in the corresponding period last fiscal.

Divorce And The Business World

Divorce And The Business World

Rediff.com6 Jan 2024

'Being financially independent is crucial.' 'This spares women a lot of grief if the marriage, especially in large business families, breaks down.'

'BJP Is Setting A Narrative That Gandhis Are Corrupt'

'BJP Is Setting A Narrative That Gandhis Are Corrupt'

Rediff.com17 Apr 2025

'They want to keep the pot boiling all the time.' 'The BJP wants to set a political narrative that the Gandhis are doing wrong things.'

Your salary, last year, was more than Mukesh Ambani's!

Your salary, last year, was more than Mukesh Ambani's!

Rediff.com7 Aug 2024

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.

'US tariff issue is an overhanging sword'

'US tariff issue is an overhanging sword'

Rediff.com7 Mar 2025

Firodia talked about his plans for the EV-components business, and the components business at large for the group

If You Missed The Oscars, Read This

If You Missed The Oscars, Read This

Rediff.com3 Mar 2025

Sean Baker broke a record by winning four Oscars just himself for Anora: Best Picture, Best Director, Best Editing and Best Original Screenplay.

Sequoia splits into 3 independent entities, India biz now Peak XV Partners

Sequoia splits into 3 independent entities, India biz now Peak XV Partners

Rediff.com7 Jun 2023

Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will

Vivek Agnihotri declines Oxford Union invite to debate on Kashmir

Vivek Agnihotri declines Oxford Union invite to debate on Kashmir

Rediff.com6 Sep 2024

Calling it a direct challenge to India's sovereignty, film director Vivek Ranjan Agnihotri said on Thursday that he declined an invitation by the Oxford Union and found the theme of the debate -- 'This House Believes in an Independent State of Kashmir' meaningless.

6 Reliance Energy directors resign

6 Reliance Energy directors resign

Rediff.com25 Nov 2004

Six directors of Reliance Energy Ltd have resigned from the board.

Directors ask Satyam to disclose board meet detail

Directors ask Satyam to disclose board meet detail

Rediff.com27 Dec 2008

Satyam Computers' independent directors are mounting pressure on founder B Ramalinga Raju to reveal details of the controversial board meeting that proposed the acquisition of two promoter-related companies, after a director resigned yesterday owning moral responsibility.Directors want Satyam's founders to make public the minutes of the meeting at which around Rs 5,500 crore of the company's cash was proposed to be paid to acquire Maytas Infra and Maytas Properties.

Mumbai Airport's T1 To Be Demolished In October

Mumbai Airport's T1 To Be Demolished In October

Rediff.com18 Mar 2025

Reconstruction of the terminal is expected to be completed by September 2028.

R Day: Gallantry medals for cops who foiled Amarnath terror attack plot

R Day: Gallantry medals for cops who foiled Amarnath terror attack plot

Rediff.com25 Jan 2025

The Medal for Gallantry recipients also included Humayun Bhat, a deputy superintendent of police who was one of four officers to lay down their lives during an encounter with terrorists in south Kashmir's Kokernag in September 2023.

Women, Your Birth Number Can Help You Succeed

Women, Your Birth Number Can Help You Succeed

Rediff.com7 Mar 2025

By understanding the elements that rule your birth number, you can learn how to enhance your professional journey, improve your work life and grow in your career.

7 Secrets That Can Make You A Crorepati

7 Secrets That Can Make You A Crorepati

Rediff.com7 Apr 2025

Crorepatis build wealth through disciplined saving, smart investing, and strategic risk-taking, proving that true financial freedom is earned, not inherited, says Ramalingam Kalirajan

Satya Nadella is named chairman of Microsoft

Satya Nadella is named chairman of Microsoft

Rediff.com17 Jun 2021

Microsoft's India-born CEO Satya Nadella has been named the company's chairman, an additional role in which he will 'lead the work to set the agenda for the board.'

'I'd Like To Act Even When I Am 130'

'I'd Like To Act Even When I Am 130'

Rediff.com26 Jun 2024

'Once actors become senior, they may become repetitive and boring for the audience. Kamal sir is updated.'

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

Rediff.com9 Mar 2025

Journalist and author Chitra Subramaniam has demanded that the Central Bureau of Investigation (CBI) make public its findings from the "box of evidence" received from Switzerland regarding the Bofors payoffs. Subramaniam, author of 'Boforsgate: A Journalist's Pursuit of Truth', expressed concerns about the lack of transparency surrounding the evidence, questioning who opened the box, when it was opened, and what it contained. She also raised doubts about the official narrative regarding the alleged bribe in the Bofors case, suggesting the sum of Rs 64 crore may not reflect the full extent of the corruption. Subramaniam also alleged that the CBI planted stories about Hindi film actor Amitabh Bachchan to derail the investigation and launched a political vendetta against the Bachchans. She recalled that Bachchan had come to her home and asked if she had seen his name. The CBI has recently requested assistance from the United States in the case, seeking information from private investigator Michael Hershman, who claims to have crucial details about the scandal. The Bofors scandal, a major bribery case involving the Indian government and the Swedish arms manufacturer Bofors in the 1980s, pertains to allegations of a Rs 64-crore bribe in a Rs 1,437-crore deal for the supply of 400 155mm field Howitzers.

Why Don't These Banks Have A Chairman?

Why Don't These Banks Have A Chairman?

Rediff.com29 Jun 2023

UCO Bank, Bank of Maharashtra, Bank of India, Indian Overseas Bank, Indian Bank, and Central Bank of India don't have a non-executive chairman.

SC to hear on July 3 plea for independent probe into Atiq, Ashraf murders

SC to hear on July 3 plea for independent probe into Atiq, Ashraf murders

Rediff.com28 Jun 2023

According to the July 3 cause list uploaded on the apex court website, a bench of Justices S R Bhat and Aravind Kumar will hear the petition filed by advocate Vishal Tiwari

'I Am Tired Of Seeing Dead Bodies'

'I Am Tired Of Seeing Dead Bodies'

Rediff.com22 Apr 2025

'Many of them are mutilated beyond recognition. Every day an encounter takes place.' 'Bastar has been burnt to ash.'

SWP Vs FD: Why An SWP Win Hands Down

SWP Vs FD: Why An SWP Win Hands Down

Rediff.com18 Mar 2025

The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.

What Does RBI Want To Discuss With Private Banks?

What Does RBI Want To Discuss With Private Banks?

Rediff.com4 Nov 2024

Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.

The new government must not undermine PSU independence

The new government must not undermine PSU independence

Rediff.com12 Sep 2014

The Union Cabinet on Wednesday decided that 10 per cent of the government's stake in Coal India Ltd would be sold. Similarly, the sale of five per cent of its stake in ONGC and 11.4 per cent in the hydropower public-sector unit, NHPC, has been cleared.

Sebi rule clips wings of promoters of over 500 listed firms

Sebi rule clips wings of promoters of over 500 listed firms

Rediff.com9 Jul 2021

Independent directors

Wives, sisters become company directors to meet Sebi deadline

Wives, sisters become company directors to meet Sebi deadline

Rediff.com31 Mar 2015

Women of the family rush to become directors of firms to meet Sebi deadline.

Mani Ratnam's assistant debuts as director

Mani Ratnam's assistant debuts as director

Rediff.com9 Sep 2010

Sudha K Prasad on her Tamil movie Drohi.

'Not Easy For New Delhi To Overlook Delimitation'

'Not Easy For New Delhi To Overlook Delimitation'

Rediff.com18 Mar 2025

'If delimitation is not handled well by the Centre, the southern states are certainly going to challenge it.'

Salaries paid to company directors not to attract GST

Salaries paid to company directors not to attract GST

Rediff.com10 Jun 2020

However, where the directors' remuneration is in the nature of professional fees and not salary, GST will be levied on a reverse charge basis.

Godrej Split Handled With Admirable Dignity

Godrej Split Handled With Admirable Dignity

Rediff.com2 May 2024

'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'

ChatGPT Downtime: Wake-up Call For AI

ChatGPT Downtime: Wake-up Call For AI

Rediff.com13 Dec 2024

The outage raised broader concerns about the dependency on a few large tech companies controlling critical platforms.

'We want to be trust marker for the fintech industry'

'We want to be trust marker for the fintech industry'

Rediff.com28 Sep 2024

'So, we would work with our members to ensure that we as an SRO create some sort of due diligence for fintechs.'

Why Fadnavis Ordered An Inquiry Into Shinde Decision

Why Fadnavis Ordered An Inquiry Into Shinde Decision

Rediff.com22 Feb 2025

'I am simply highlighting a wrongdoing. This is why my complaint has merit, and the chief minister has ordered an inquiry.'

'Love Marriage Was Taboo'

'Love Marriage Was Taboo'

Rediff.com19 Mar 2025

'I have always looked at people and said, 'You just have to accept. You just have to love. You just have to let this person be and the trouble would be less.' 'But we keep complicating things, and that is the tragedy -- our desire not to understand.'

Orient Express appoints Harsha Agadi as director

Orient Express appoints Harsha Agadi as director

Rediff.com13 Apr 2011

US-based luxury hotel chain operator Orient Express has brought on its board an Indian-origin restaurant business entrepreneur Harsha V Agadi as an independent director.

2024 warmest year in India since 1901: IMD

2024 warmest year in India since 1901: IMD

Rediff.com1 Jan 2025

The annual mean temperature in 2024 was 25.75 degrees Celsius, 0.65 degrees above the long-period average.