The new board will have a leaner structure on functional lines headed by the chairman and four members - covering infrastructure, operations and business development, rolling stock, and finance.
South Africa start the first of two Tests in Pakistan on Jan. 26 as they return there for the first time since 2007.
The Supreme Court on Thursday directed that former Unitech promoters Sanjay Chandra and Ajay Chandra be shifted from Tihar Jail in Delhi to Mumbai's Arthur Road Jail and Taloja prison in Maharashtra after the ED said they were conducting business from the premises in connivance with the staff.
The central bank is engaged with other financial institutions for investment as part of the scheme to resurrect Yes Bank under RBI imposed moratorium since March 5.
With India's first-ever Day/Night Test underway, Australian spin legend Shane Warne is hoping Virat Kohli and his men will agree to play with the pink ball when they tour Australia next year.
Given the dimensions, it is bound to have at least ripple effects across markets. Could ripple turn into cascade? asks Devangshu Datta.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
The new BCCI regime could soon be engaged in a bitter turf battle with the ICC since the world governing body's proposed Futures Tours Programme (FTP) could significantly hit Indian Cricket Board's revenue stream.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
Sourav Ganguly, who is set to be the new Board of Control of Cricket in India president, wants the Virat Kohli-led national team to reverse the trend of losing the knockout games in ICC events.
The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"
The selection committee, headed by MSK Prasad, is nowhere close to completing its tenure as per the new BCCI constitution, but new Board president Sourav Ganguly will decide whether the panel will complete the mandated five years in office.
For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.
Even erstwhile independent directors were being paid substantial remuneration including commission. The median annual salary of IL&FS employees was Rs 13.1 lakh.
Noted banker Uday Kotak said the country's financial system is currently in a Darwinian mode as only the fittest lenders are able to survive. Kotak also said that historically, whenever there has been a problem with a private sector lender, it has been merged with a state-run bank.
The ED is contemplating a special audit of the account in the backdrop of rating agencies downgrading various debt papers of IL&FS.
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
A dominant India bulldozed Bangladesh by an innings and 46 runs in their first ever day-night Test with the pink ball to record their 12th home series win in a row.
Jet's operating fleet reduced from 103 planes in October 2018 to 35 now, leading to massive cancellations and a surge in airfares
The board will first need to unpack IL&FS - it has 169 group companies with 24 direct subsidiaries, 135 indirect subsidiaries, six joint ventures and four associate companies, says Amit Tondon.
The Supreme Court on Thursday proposed that the Board of Control for Cricket in India elections can be held next month but the people named in the Justice Mudgal Commission report, which probed the betting and spot-fixing in the sixth edition of Indian Premier League in 2013, must be kept out.
According to industry players, over 50 FMPs have exposure to Zee Group companies.
Maxwell closer to return, trains with Victoria
Joint venture to take on Amazon will be announced next week.
Describing Murthy as a business icon, T V Mohandas Pai, former CFO of Infosys, said he is more than eminently suited to hold the position of Chairman Emeritus.
They have also been accused of extending loans for criminal intent of falsification of repayment by a number of borrowers, including some entities associated with large corporate groups.
Network18 founder Raghav Bahl says RIL was not instrumental in top level exits at the media firm.
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
'They have a belief that they can go and win anywhere.'
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
The new BJP government in Tripura has renamed a lane leading to the official residences of the CM after party ideologue Syama Prasad Mookerjee.
Based on internal evaluation and legal opinion, the management was of the opinion that the company has the ability to ultimately recover the aforesaid ICDs
The Infosys saga shows how efforts to remote-control a company by its powerful promoter, even with good intentions, might hurt the entity, says Asish K Bhattacharyya.
'Our priority is how to reduce the waiting time for people for darshan.'
India could lose out on hosting the 2021 Champions Trophy if the government doesn't allow tax exemption on the event.
Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late on Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company's growth.
With the new Board of Control for Cricket in India bosses meeting on Wednesday, speculation is rife that Team India Director Ravi Shastri will be replaced by former India captain Sourav Ganguly.
Railway Minister Dinesh Trivedi on Tuesday said he was planning to set up an independent safety and security board to strengthen passenger and freight security.
On Friday, the nameplate of the erstwhile commission on the railings of the Yojana Bhawan was pulled down and replaced with NITI Aayog.
Former CFO V Balakrishnan seeks exit of Infosys chairman, co-chairman R Seshasayee, co-chairman Ravi Venkatesan, audit committee chairman Roopa Kudva and nomination committee chairman Jeffrey S Lehman.
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