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DIPAM Secretary

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Banking, Fintech & Insurance 28 Oct 2026, 02:00 PM IST

IDBI-Fairfax Deal: Employees’ Service Conditions Fully Protected, Says DIPAM Secretary

The government has sought to reassure employees as the long-pending strategic transaction involving IDBI Bank moves ahead, with the Department of Investment and Public Asset Management saying service conditions will remain fully protected. The assurance is aimed at calming concerns over job security and continuity as the disinvestment process advances under close regulatory and policy scrutiny. The deal remains significant not only for banking-sector ownership reform but also for broader market confidence in India’s asset-sale programme.

By RDU Global Wire5 min read
Banking, Fintech & Insurance21 Oct 2026, 08:00 PM IST

DIPAM Says IDBI-Fairfax Deal Fully Protects Employees as Stake Sale Advances

The government has said that employees’ service conditions at IDBI Bank will remain fully protected as the long-running privatisation process moves ahead, easing one of the key concerns around the proposed sale. DIPAM Secretary Arunish Chawla said the transaction structure has been designed to safeguard staff interests while allowing the strategic disinvestment to proceed.

5 min readRead →
National Governance & Policy26 Oct 2026, 08:00 AM IST

Former Financial Services Secretary Nagaraju Maddirala Appointed IL&FS Chairman and Managing Director for Two Years

Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of Infrastructure Leasing & Financial Services Ltd. for a two-year term, marking a significant leadership change at the debt-laden infrastructure financier. The Ministry of Corporate Affairs confirmed the appointment on October 12, following the tenure of Nand Kishore, as IL&FS continues to operate under a government-appointed board after its financial collapse.

5 min readRead →
National Governance & Policy25 Oct 2026, 08:00 AM IST

J&K Names IAS Officer Sajjan Singh Yadav as New Chief Secretary Amid Governance Crosscurrents

Jammu and Kashmir has appointed senior IAS officer Sajjan Singh Yadav as its new Chief Secretary, setting up a crucial administrative transition at a time when the Union Territory’s top leadership is not always aligned on files and policy priorities. Yadav will succeed Atal Dulloo, who is due to retire on October 31, 2026. The appointment places him at the centre of day-to-day governance in a politically sensitive administration where coordination between the Chief Minister and the Lieutenant Governor remains a defining challenge.

6 min readRead →
India Sports & Cricket15 Oct 2026, 06:46 PM IST

Boxing Federation Power Struggle Deepens as Ajay Singh Suspends Secretary General Pramod Kumar

The internal conflict at the Boxing Federation of India has escalated sharply, with federation president Ajay Singh suspending secretary general Pramod Kumar after Kumar moved a no-confidence motion against him. The move signals a widening institutional rift at the top of Indian boxing, raising fresh questions about governance, authority, and stability within the sport's national body.

4 min readRead →
World Politics & Diplomacy15 Oct 2026, 01:17 PM IST

White House Defends New Press Secretary as Questions Mount Over Legal Credentials

The White House is standing by new press secretary Katie Zacharia after questions surfaced about whether she is licensed to practice law in any state where she has lived. The scrutiny has quickly turned into a test of vetting standards inside the administration, with critics pressing for clarity on her professional background and the qualifications attached to one of the most visible jobs in government.

5 min readRead →
National Governance & Policy14 Oct 2026, 11:41 AM IST

Former Financial Services Secretary Nagaraju Maddirala Named IL&FS Chairman and Managing Director for Two Years

Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of Infrastructure Leasing & Financial Services Ltd. for a two-year term, with the Ministry of Corporate Affairs confirming the move on October 12. His appointment comes as IL&FS continues to operate under a government-appointed board following the group’s earlier financial collapse and restructuring.

5 min readRead →

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