The ministry of company affairs is of the view that the maximum number of directors, which the companies would have on their boards, be left to the firms themselves and the government would have no say on this.
'Along with Blackstone, we would be keen to look at opportunities in the North.'
'About whether I'm worried it will blow up into something, no, I'm used to these things.' 'I am a voice in the city and have said quite a few things that may have ruffled feathers. But I stuck with them because it's your truth.'
Around 7.4 per cent of Indians aged 60 and above are affected by dementia. This number is expected to rise from the current 8.8 million to 17 million by 2036, marking a 97 per cent increase.
Essex have been fined 100,000 pounds ($132,190) after admitting to a charge of racism at the county club which they failed to address between 2001 and 2010, England's Cricket Regulator said on Wednesday.
'We believe these five days should get roughly about 5 to 5.5 million people or more into the cinemas.'
Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.
Joginder Tuteja looks at the big clashes in the Independence Day weekend in the last decade.
'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.'
Rajya Sabha member of Parliament and senior advocate, Kapil Sibal, has expressed his displeasure over some of the recent judgments passed by the Supreme Court saying he has 'no hope left' in the institution.
Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries Ltd's (RIL's) board, citing his age as the reason. The firm has, however, given its green light to the appointment of Anant's elder siblings - Akash and Isha. In its recommendation note, IiAS said, "At 28 years of age, his appointment as a non-executive, non-independent director does not align with our voting guidelines."
'There was panic among my friends and relatives since I was out of reach.' 'My son-in-law Govind drove down to my home to check on my wellbeing.' 'When I opened the door, he joked, "Bhoot Bhoot!"'
Textiles and fabric manufacturer Raymond Ltd on Thursday said its shareholders have approved the reappointment of Gautam Hari Singhania as chairman & managing director for a term of five years effective from July 1, 2024, along with his proposed remuneration. "The shareholders of the company at their Annual General Meeting (AGM) held today (June 27) have approved the re-appointment of Singhania. "The AGM commenced at 3 pm and concluded at 4:05 pm," Raymond Ltd said in a regulatory filing.
Mynampati, who is now being questioned by the team of market regulator SEBI, got a total package of over Rs 3.5 crore (Rs 35 million) during the year ended March 2008, while founder and Chairman had to contend with just about one fifth.
'Laws have been used in a way to serve the needs of the current regime and its authoritarian ideology.'
'Modi's intention was to create goodwill that will allow India to be seen by Trump as more than just a bad tariff problem.' 'He succeeded brilliantly on that count but none of these wins are unfortunately permanent.' 'Modi will have to do this again and again if Trump's grievances are to be durably assuaged.'
'Justice may or may not happen, but who are those people who did this to her?' 'If the hospital authorities had helped us that day, or the police, then the real culprits would have been caught.' 'Getting justice for my daughter is my goal now and I want the CM to remember that.'
Both are in serious trouble, but the Satyam and Subhiksha cases appear vastly dissimilar in many respects, except for one stunning similarity.
The 1984-batch IRS officer was otherwise to remain in office till November 18, 2023, according to the notification issued by the government.
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
A court in Maharashtra's Nashik district has summoned Congress MP Rahul Gandhi in a defamation case filed against him for his alleged objectionable remarks against Hindutva ideologue Vinayak Damodar Savarkar.
It was a hit and miss for some but each one of them revelled in the opportunity to showcase their talent.
A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.
Justice Ramana said the body was required to be "created under a statute" clearly defining its powers, functions, and duties.
Bangladesh plunged into chaos after Sheikh Hasina resigned as the Prime Minister of Bangladesh and fled the country in the wake of mounting protests on August 5.
Vicky Vidya Ka Woh Wala Video managed to do better than Jigra as it is more massy in its treatment and presentation.
Amabni to relinquish the position next month to join BofA's non-fiduciary global advisory council.
A bench of Justices Abhay S Oka and Augustine George Masih, however, refused to interfere with the September 26 order of the apex court granting bail to Balaji on a plea filed by one of the complainants seeking its cancellation.
Two investment firms, together accounting for 17.88 per cent of the paid-up share capital of Zee Entertainment Enterprise Ltd (ZEEL), have sought the removal of the current managing director Punit Goenka from the board of the company. The two investment firms are -- Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC, the largest shareholder of ZEEL. The two firms have called an extraordinary general meeting of shareholders seeking to remove Punit Goenka.
'The Congress cannot speak the BJP's words while targeting Kejriwal.' 'What is the difference between the two? Where is the unity of INDIA then?'
Satyam Computer Services did not consult Mendu Rammohan Rao, dean of the Indian School of Business and an independent director on the board of India's fourth largest IT services provider, when it called off the deal to acquire Maytas Infra and Maytas Properties following shareholder protests. Rao had chaired the board meeting that endorsed the company's proposal to buy the two firms linked to the family of Satyam's founder and chairman B Ramalinga Raju.
Allu Arjun is fantabulous as the doting husband, emotion-loving son and risk-taking entrepreneur. Pushpa escalates his brand from fire to wildfire, applauds Divya Nair.
Future Retail's (FRL's) independent directors have written a second letter to the Competition Commission of India (CCI), stating American e-commerce major Amazon never intended to invest in Future Coupons (FCPL) and the representations made by the US e-commerce player were completely opposite and contradictory to their own internal correspondences as submitted before courts. The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations. By actively misleading the CCI and the regulator, it has to revoke the approval granted for Amazon's investment in FCPL.
Hybrid pitches give up to three times the amount of play on the same pitch as compared to the regular pitches.
Industry experts believe that this deal will positively impact the Indian film industry, which is struggling with fewer movie releases.
The Independence Day holiday weekend is very popular amongst film-makers and film-goers.
Union Home Minister Amit Shah has declared that Chhattisgarh will be free from the menace of Naxalism by March 31, 2026. He stated that the Centre and the state government are committed to eradicating Naxalism, highlighting the significant achievements of the Chhattisgarh police in the last year. Shah also appealed to Naxalites to surrender and join the mainstream, emphasizing the government's rehabilitation policy. He further praised the Chhattisgarh police's efforts in curbing organized crime and narcotics.
When there are two wills produced before the court, which one will be executed?
Nationalist Congress Party spokesperson and Maharashtra minister Nawab Malik on Saturday asked why the NCB's zonal director Sameer Wankhede used a "family friend" as an independent witness in three investigations.
