Author: Rishabh Sharma

KOLKATA: State-owned mining monolith Coal India Limited has been penalized by the National Stock Exchange (NSE) for failing to adhere to mandatory corporate governance standards. The compliance failure relates to the company’s board and committee compositions for the quarter closing March 31, 2026. The Maharatna public sector undertaking has filed a regulatory disclosure with the stock exchanges regarding the penalty notice and is actively seeking a complete waiver of the fine. Regulatory Breach and Fiscal Implications The financial penalty focuses entirely on statutory requirements governing the presence of independent oversight within listed corporate entities: The Financial Penalty: The NSE has…

NEW DELHI: India has firmly rejected any third-party involvement or external mediation regarding its boundary alignment discussions with Nepal. The categorical statement comes in response to suggestions made by Nepalese Prime Minister Balendra Shah, who proposed involving China and the United Kingdom to address the frontier differences. The Ministry of External Affairs (MEA) re-emphasized that all border matters remain strictly within the domain of established bilateral mechanisms. Progress on Border Mapping and Demarcation MEA Spokesperson Randhir Jaiswal outlined the current status of the border mapping and the active joint efforts between the two neighboring states: Exclusive Bilateral Track: The MEA…

NEW DELHI: Emphasizing the foundational role of national solidarity, Prime Minister Shri Narendra Modi shared a timeless Sanskrit Subhashitam to highlight how unity, mutual cooperation, and a shared collective resolve amplify a nation’s inner strength. The Prime Minister noted that India’s ongoing journey toward scaling new heights of progress is fueled directly by the collective determination of its citizens. The Power of Collective Subhashitam In an official update shared on social media platform X, the Prime Minister illustrated his message on nation-building with a classic metaphor: “जब नागरिक एकजुटता और आपसी सहयोग के सूत्र में बंधते हैं, तो राष्ट्र की…

MUMBAI: In a strategic compliance and governance update, formulation manufacturer Kwality Pharmaceuticals Limited has announced a formal change of guard within its top-tier advisory council. The company’s Board of Directors has approved the appointment of corporate legal professional Mr. Swanith Kapoor as an Additional Director (Non-Executive Independent Director).

MUMBAI: In a sweeping regulatory and management overhaul, digital technology firm String Metaverse Limited has finalized the onboarding of veteran finance professional Dr. Sethurathnam Ravi to its apex leadership layer. The company has formally designated him as its incoming Chairman and Additional Director.

NEW DELHI: In a targeted senior-level deployment within the central education apparatus, the government has finalized the appointment of senior civil servant Shri Varun Bhardwaj as the new Secretary (Director level) of the Central Board of Secondary Education (CBSE) in New Delhi.

NEW DELHI: In a sweeping administrative realignment at the Center, the Appointments Committee of the Cabinet (ACC) has cleared a dual personnel transition at the senior leadership level. The strategic executive orders reassign two veteran Indian Administrative Service (IAS) officers to spearhead the nation’s premier school board and to take up a key additional command within the agricultural sector. The notification was formally dispatched on June 2, 2026, by the Secretariat of the Appointments Committee of the Cabinet, Ministry of Personnel, Public Grievances and Pensions (Department of Personnel and Training). Central School Board Gets New Chief Executive The high-level mandate…

NEW DELHI: The Ministry of Panchayati Raj will host the National Panchayat Awards 2025 Conferment Ceremony on Wednesday, June 3, 2026, in New Delhi. The prestigious national awards will be presented to 42 outstanding Panchayats from across the country in recognition of their exemplary local governance and sustainable development initiatives. The honors will be jointly conferred by Shri Rajiv Ranjan Singh (alias Lalan Singh), Union Minister of Panchayati Raj, Fisheries, Animal Husbandry and Dairying, alongside Prof. S. P. Singh Baghel, Union Minister of State for Panchayati Raj. The high-profile event will see the participation of Shri Vivek Bharadwaj, Secretary, Ministry…

NEW DELHI: The Department of Higher Education under the Ministry of Education, Government of India, has officially opened applications for the Prime Minister Research Chair (PMRC) Scheme 2026. Positioned as a flagship national initiative, the scheme is strategically structured to reverse brain drain by pulling accomplished Indian-origin researchers, scientists, technologists, and industry professionals from elite global universities and corporate laboratories into India’s premier public research ecosystem. Core Pillars and Governance The PMRC Scheme operates on a highly coordinated framework built upon three foundational elements: Lead Institutions, Host Institutions, and PMRC Fellows. To ensure the research remains mission-aligned, nationally relevant, and…

GUWAHATI: In a major move to secure its long-term product monetization framework, Numaligarh Refinery Limited (NRL) has formalized a 10-year sulphur offtake agreement with Teesta Agro Industries Limited. The long-term commercial partnership is designed to anchor NRL’s post-expansion marketing strategy, ensuring a dependable and smooth evacuation channel for its increased sulphur production. Agreement Architecture and Supply Volumes The structured deal sets up a direct raw-material pipeline between the public sector refiner and the agricultural input manufacturer: The Supply Commitment: Under the contractual terms, NRL will allocate and supply up to 15,000 metric tonnes (MT) of lump-form sulphur on an annual…