BOARD POSITION
Japanese yen jumps after US data; traders still wary of intervention The Japanese yen jumped on Thursday, in a move traders said was most likely the result of dollar selling after a weak reading of U.S. consumer inflation, rather than official intervention from Tokyo authorities.
11 Jul, 2024, 07.10 PM ISTTata 1mg’s FY24 report; Cognizant-Wipro CFO lawsuit settled Epharmacy Tata 1mg reported a 21% rise in revenue to Rs 1,968 crore for FY24. This and more on today’s ETtech Top 5.
10 Jul, 2024, 07.55 PM ISTGautam Gambhir’s appointment as head coach an expected but also a left-field choice Jay Shah, secretary of the Board of Control for Cricket in India (BCCI), confirmed on Tuesday evening, July 9, that Gautam Gambhir would be the next head coach of the senior men’s team. This decision was somewhat expected, given Gambhir’s recent act...
10 Jul, 2024, 03.19 PM IST- ADVERTISEMENT
Microsoft ditches OpenAI board observer seat amid regulatory scrutiny iPhone maker Apple had also been expected to take an observer role on OpenAI's board but would not do so, the Financial Times reported, citing a person with direct knowledge of the matter. Apple did not respond to a request for comment.
10 Jul, 2024, 01.04 PM ISTExpert panel to meet on July 15, discuss steps to lower risks in derivatives market Sebi's panel, led by G Padmanabhan, will meet July 15 to discuss equity derivatives measures, addressing speculative expiry day trades. It includes increasing lot sizes, enhancing margins, upfront premiums, and intra-day monitoring. Chairperson Madh...
10 Jul, 2024, 07.36 AM ISTCharu Modi joins board of Godfrey Phillips amidst shareholder fight Charu Modi has been appointed to the board of Godfrey Phillips India amid an ongoing inheritance dispute within the KK Modi group. Charu, one of the late KK Modi's three children, has been associated with the group's education ventures but will now ...
09 Jul, 2024, 10.48 AM ISTSenior CPSE executives may get up to 100% hike The government is considering a proposal to double the compensation of senior executives at central public sector enterprises (CPSEs) with a turnover exceeding Rs 100 crore. This aims to bridge the gap with the private sector and retain top talent. ...
05 Jul, 2024, 12.30 AM ISTIndia Inc now picks its C-level champions from indoor pool Indian companies like Mahindra and Aditya Birla Group are increasingly focusing on internal talent pipelines for leadership roles, showcasing a shift towards nurturing seasoned professionals for longer tenures within the organization.
04 Jul, 2024, 04.43 PM ISTBrokers' MTF hits record Rs 73,600 crore amid market highs, surging retail participation Sebi's MTF framework mandates collateralising existing shares. Kotak Securities cautions investors on MTF investments amidst surging margin funding in anticipation of Modi 3.0 budget.
04 Jul, 2024, 11.59 AM ISTFormer RBI Guv Urjit Patel set to join Britannia Industries board again Urjit Patel, former RBI governor, joins Britannia Industries board as an independent director. He recommenced after a two-year hiatus following his resignation in 2018. Patel’s diverse experience includes stints in both the private sector and centra...
04 Jul, 2024, 01.17 AM ISTKotak Bank created fund used to bet against Adani: Hindenburg Kotak Mahindra Bank managed funds for Adani stock trades, leading to significant profits. Despite ET queries, the bank mentioned transactions were made on a principal basis. Kingdon transferred funds for short positions on Adani stocks, resulting in...
03 Jul, 2024, 08.26 AM ISTJio Financial, Zomato can win Nifty ticket as Sebi tweaks F&O rules Sebi has enhanced derivatives market criteria to ensure robust regulation and investor protection. Changes include higher thresholds and evaluation frameworks for stock entry and exit, promoting market vibrancy and stability. These upgrades may lead...
28 Jun, 2024, 11.51 AM ISTQuant MF reassures investors: Gross inflows normal, liquidity position robust Quant MF reaffirmed its commitment to fully cooperate with the Sebi during its ongoing review, as reported by ET Now on Wednesday. The fund house has assigned dedicated personnel to provide regular data to the regulator.
26 Jun, 2024, 06.25 PM ISTFSIB shortlists five for executive director positions FSIB shortlisted five CGMs for ED positions in public sector banks after interviewing 57 candidates. Vaheed, Rajeeva, and Majumdar are top three in the list, while Surendran and Srivastava are number four and five.
20 Jun, 2024, 05.01 PM ISTAnshul Saigal on sectors where investors can deploy fresh money You could find opportunities in banking space in the 5 to 10 times price to earnings rate. I would not call that expensive by any measure. So, there are reasonable opportunities in the market to take advantage of.
11 Jun, 2024, 09.00 AM ISTAre fears and panic around PSUs overblown? Sandip Sabharwal answers Ideally, they should not be able to because like you rightly said, it is more commoditised. In fact, you look at the reason why did HDFC merge into HDFC Bank, because they realised that the margins are going to get squeezed and if they do not have a...
07 Jun, 2024, 11.21 AM ISTIRDAI introduces new corporate governance regulations for insurers The Insurance Regulatory and Development Authority of India (IRDAI) has mandated that insurance companies must now seek prior approval for appointing their Board Chairperson. Current Chairpersons must comply with this regulation by March 31, 2026, o...
22 May, 2024, 09.50 PM ISTCompany boards are getting younger, but balancing vitality with expertise is key to success Organisational leadership is evolving with younger individuals joining company boards in the dynamic startup landscape. While they bring fresh perspectives and innovation, challenges arise from limited experience in governance. Diverse boards with a...
15 May, 2024, 04.05 PM ISTBAT unlikely to bat on the board of ITC's hotels biz ITC's hotel business will not have any board representation from its largest shareholder, BAT, according to a demerger document. BAT will own 15.32% in ITC Hotels as foreign direct investment, making it the largest public shareholder after ITC's pro...
07 May, 2024, 09.19 AM ISTMore women running startups, on company boards: Nirmala Sitharaman Finance Minister Nirmala Sitharaman highlighted the increasing presence of women in startups and on company boards in India. Government schemes like Stand Up India and PM Mudra are empowering women entrepreneurs, with Swiggy recognizing and celebrat...
27 Mar, 2024, 06.09 PM IST