More than 500 independent directors have resigned since January 1 this year.
Under fire over the moves to appoint politicians who do not fit the conditions as independent directors on the board of public sector companies, the government has amended the eligibility criteria for the job.
Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.
International water sports star Bilquis Mir has filed a contempt case against the Jammu and Kashmir sports department for withholding her salary for over two-and-a-half years, despite a tribunal order to release it.
Payal Kapadia, celebrated for her Grand Prix win at Cannes, has been appointed jury president for the 65th Cannes Critics Week.
South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.
The role of independent directors on the board of Indian companies will be clarified in the new Companies Bill and their responsibilities will be made finite in terms of what they are answerable for, said Union Corporate Affairs Minister Salman Khurshid.
The Supreme Court has directed the Centre to rationalise airfares and provide relief to flyers, highlighting discrepancies in pricing for the same routes and airlines. The court is addressing a plea seeking a robust regulator to ensure transparency and passenger protection in the civil aviation sector.
'It's so liberating when there are two heroes in the film who are walking along and being each other's strength. When that happens, it shows on screen.'
Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.
The Centre had asked the Gymkhana Club in Lutyens' Delhi to hand over the premises, citing that the 27.3-acre plot was required for "strengthening and securing defence infrastructure".
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Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.
Three milestones in three days signal India's growing mastery in next-generation strategic technologies spanning nuclear deterrence, hypersonic propulsion and precision stand-off strike capability.
A special PMLA court in Gurugram has remanded Punjab Industries Minister Sanjeev Arora in Enforcement Directorate's custody for a week in an alleged Rs 100-crore GST fraud-linked money laundering case.
A medical board from AIIMS Delhi will conduct a second post-mortem examination on former model-turned-actor Twisha Sharma in Bhopal, following her family's concerns about the initial autopsy and allegations of dowry harassment.
The last rites of former actor-model Twisha Sharma, who was allegedly harassed for dowry, were conducted in Bhopal. Her family continues to seek justice, with the Supreme Court taking cognisance of the case.
Priyanka Chopra and Orlando Bloom are confirmed to lead Reset, an upcoming survival thriller directed by Matt Smukler, promising a gripping tale of mystery and deceit.
Chand Mera Dil flickers like an LED bulb in an artificial sky instead of a real chand, sighs Mayur Sanap.
The US Secret Service shot an armed individual involved in a shooting incident near the White House, prompting a warning for the public to avoid the area. A juvenile bystander was also injured during the incident.
Often these IDs sit on the audit committee of the board or even chair it.
Consulting, other contracts may mean listing agreement violation.
The National Medical Commission is emphasising the importance of preparing doctors and healthcare systems for the responsible and effective use of artificial intelligence, highlighting the need for ethical and equitable AI adoption in healthcare.
The CBI has registered an FIR in the alleged murder of Chandranath Rath, an aide to West Bengal Chief Minister Suvendu Adhikari, taking over the investigation from the state police following a request from the state government.
India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
A Delhi court has sentenced two CBI officers to three months' imprisonment for assaulting and trespassing into the residence of an IRS officer during a raid two decades ago.
Building a party from scratch and leading it to electoral success is an entirely different challenge.
Drishyam 3, the latest installment in the popular Malayalam franchise, struggles to maintain the ingenuity and thrilling narrative of its predecessors, with Georgekutty's once-brilliant facade showing significant cracks, leading to a convoluted plot and a less engaging antagonist-driven conflict.
The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.
The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.
The AAP government in Punjab successfully moved a Confidence Motion in the state assembly, following the defection of seven Rajya Sabha MPs to the BJP. Chief Minister Bhagwant Mann asserted the party's strength and national presence during the special session.
The International Testing Agency (ITA) has voiced concerns regarding the high rate of doping cases in India and the alleged practice of athletes receiving advance notice before testing, potentially jeopardising the nation's bid to host the 2036 Olympic Games.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
Trinamool Congress leader Abhishek Banerjee has criticised the arrest of Vinesh Chandel, co-founder of I-PAC, alleging it's a politically motivated attempt to intimidate the opposition and undermine the fairness of the upcoming West Bengal elections.
Ravindra Dholakia joins the board along with Gurcharan Das, former chief executive officer of Procter & Gamb#8804 Prem Vrat, vice-chancellor of ITM University of Gurgaon; Air Marshal K K Nohwar; and Renuka Ramnath, managing Director and CEO of private equity firm Multiples Alternate Asset Management.
Foreign universities are unlikely to gain major ground in India's higher education market in the near term, as students and families continue to prioritise return on investment over brand value in a highly price-sensitive sector.
'22 students are fighting over 35,000 seats. In that situation, when someone tells a desperate parent there is a shortcut, and the shortcut costs Rs 3 to Rs 5 lakh versus Rs 1.5 crore -- the maths is seductive.'
A humanoid robot performing at a university dance event in China startled the crowd when it unexpectedly hugged a female student, prompting a debate about AI safety and autonomous behaviour.
Proposal forms are often filled by the agent. Check the form after it is filled.
History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.
