RUCHIKA CHITRAVANSHI

Stories by RUCHIKA CHITRAVANSHI

How the Companies Act is likely to change

How the Companies Act is likely to change

Rediff.com   19 Nov 2019

The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.

Naresh Goyal, Jet Air under SFIO scanner

Naresh Goyal, Jet Air under SFIO scanner

Rediff.com   18 Nov 2019

The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal.

Debt-hit fin service providers get a lifeline

Debt-hit fin service providers get a lifeline

Rediff.com   16 Nov 2019

The government on Friday notified the rules for insolvency and liquidation proceedings of financial service providers (FSPs). These rules, notified by the ministry of corporate affairs, will not be applicable to banks, reports Ruchika Chitravanshi.

Thomas Cook India realises there's plenty in a name

Thomas Cook India realises there's plenty in a name

Rediff.com   7 Oct 2019

Over the last few days, as the fortunes of Thomas Cook Plc took a wrong turn, the Indian entity scrambled to distance itself from its erstwhile parent. Experts have said that the travel firm must not change its brand name.

From Sitharaman the doer to reformer

From Sitharaman the doer to reformer

Rediff.com   21 Sep 2019

Between August and September Finance Minister Nirmala Sitharaman toured the length and breadth of India meeting traders, experts and entrepreneurs to gauge the pulse of the nation, reports Ruchika Chitravanshi.

How water-efficient are your home appliances?

How water-efficient are your home appliances?

Rediff.com   3 Sep 2019

The highest water-use efficiency of more than $ 50 per cubic metre is in Oceania, Australia, New Zealand, Singapore, Israel, Denmark, Finland, and Great Britain while the lowest is in Central and South Asia, including India, at less than $ 10 per cubic metre.

CSR non-compliance: Breather for Corporate India

CSR non-compliance: Breather for Corporate India

Rediff.com   14 Aug 2019

A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.

Price of piped water to all households = Rs 5 trillion

Price of piped water to all households = Rs 5 trillion

Rediff.com   5 Aug 2019

The current estimate, however, largely covers only the cost of infrastructure such as pipes, construction of borewells, overhead costs among others and not the expenditure to be incurred on operation and maintenance.

CSR norms: Is India moving back to Inspector Raj?

CSR norms: Is India moving back to Inspector Raj?

Rediff.com   2 Aug 2019

According to experts by making CSR spending mandatory, the government has made it into a statutory due like tax but with none of its democratic quality.

Banks likely to freeze accounts of shell firms

Banks likely to freeze accounts of shell firms

Rediff.com   11 Jul 2019

Government suspects that many of these bank accounts were used to launder money, especially after the demonetisation in November 2016.

Jal Shakti Abhiyan: How govt plans to tackle India's water woes

Jal Shakti Abhiyan: How govt plans to tackle India's water woes

Rediff.com   1 Jul 2019

The aim of the programme is to increase the water table in the stressed areas through dams, ponds, and afforestation. According to a NITI Aayog study, by 2030, the country's water demand is projected to be twice the available supply, implying severe water scarcity for hundreds of millions of people and an eventual 6 per cent loss in the country's GDP.

Weak monsoon likely to increase demand for work under MGNREGS

Weak monsoon likely to increase demand for work under MGNREGS

Rediff.com   21 Jun 2019

Around 40 per cent of the country is staring at drought-like conditions ahead of the monsoon as water levels have receded sharply.

Aerocity hotels waiting to take off as red tape proves a hurdle

Aerocity hotels waiting to take off as red tape proves a hurdle

Rediff.com   5 Aug 2014

About Rs 12,000 crore are stuck in India's first hotel district, Delhi's Aerocity, because of red tape.

Fliers concerned about safety on flights after Malaysian Airlines disaster

Fliers concerned about safety on flights after Malaysian Airlines disaster

Rediff.com   19 Jul 2014

Malaysia Airlines flies to Delhi, Bangalore, Chennai, Mumbai, Hyderabad and Kochi.

Sethusamudram falls out of favour with the Centre

Sethusamudram falls out of favour with the Centre

Rediff.com   4 Jun 2014

The project is currently under litigation after environmental concerns were raised against the plan of linking the PalkBay and the Gulf of Mannar by creating a shipping channel through the shallow sea, says Ruchika Chitravanshi.

Govt may fund strategically important Iranian port

Govt may fund strategically important Iranian port

Rediff.com   30 May 2014

JNPT, the country's largest container port at Navi Mumbai, and Kandla in Gujarat's Kutch, the largest port by total cargo, will come together to form a Special Purpose Vehicle to operate the terminal at Chabahar, under a revenue-share agreement with the Port and Maritime Organisation, Iran.

BJP manifesto: Tourism awaits new lease of life

BJP manifesto: Tourism awaits new lease of life

Rediff.com   20 May 2014

The BJP in its policy document stated that tourism plays a key role in socio-economic progress through creation of jobs.

Nokia seeks arbitration to settle Rs 21,000 cr tax dispute

Nokia seeks arbitration to settle Rs 21,000 cr tax dispute

Rediff.com   14 May 2014

The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.

CBI to probe hotel sale in NDA regime

CBI to probe hotel sale in NDA regime

Rediff.com   30 Apr 2014

The inquiry will bring under a scanner Arun Shourie, the then disinvestment minister, and Bharat Hotels Chairperson Jyotsna Suri.

21% rise in Indians travelling abroad: TripAdvisor

21% rise in Indians travelling abroad: TripAdvisor

Rediff.com   29 Apr 2014

A foreign holiday has now become non-negotiable for Indian consumers.