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6 merchant bankers in fray for govt's HZL stake sale

6 merchant bankers in fray for govt's HZL stake sale

Rediff.com14 hours ago

As many as six merchant bankers are vying to handle and manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd (HZL), according to an official notice. ICICI Securities, SBI Capital Markets, HDFC Bank, IIFL Securities, Axis Capital and Citigroup Global Markets will make their presentations via video conferencing before the government officials on Friday, highlighting their plans in managing the offer for sale. The bankers to manage the sale process would be finalised after the presentation and opening of financial bids on August 12, as per the notice.

Will Partha's arrest in SSC scam impact Mamata?

Will Partha's arrest in SSC scam impact Mamata?

Rediff.com1 days ago

After the Trinamool's overwhelming majority in the West Bengal assembly elections last year, the SSC scam has given fresh ammunition to the Bharatiya Janata Party and the Communist Party of India-Marxist. Ishita Ayan Dutt reports.

Post office staff swindles Rs 96 cr of public money in saving schemes: CAG

Post office staff swindles Rs 96 cr of public money in saving schemes: CAG

Rediff.com1 days ago

The staff at post offices misappropriated Rs 95.62 crore of public money between November 2002 and September 2021, the Comptroller and Auditor General has said. The money may seem small but it is what common citizen invested in post office savings, the oldest and the largest banking system in the country. The system serves the investment needs of urban and rural clients through schemes such as savings bank, recurring deposits, time deposits, national savings certificates, kisan vikas patras, public provident fund, monthly income account scheme, sukanya samriddhi accounts and senior citizens savings scheme.

Serena Williams' journey to the top of the women's game

Serena Williams' journey to the top of the women's game

Rediff.com2 days ago

The following is a timeline charting her rise to the top of the women's game:

Former South African umpire Rudi Koertzen killed in car crash

Former South African umpire Rudi Koertzen killed in car crash

Rediff.com2 days ago

The former umpire's son, Rudi Koertzen Jr, confirmed the tragic news.

Modi's assets rise by Rs 26L to Rs 2.23 cr, owns no immovable property

Modi's assets rise by Rs 26L to Rs 2.23 cr, owns no immovable property

Rediff.com2 days ago

Prime Minister Narendra Modi owns assets worth over Rs 2.23 crore, mostly as bank deposits, but has no immovable properties as he has donated his share in a piece of land in Gandhinagar, according to his latest disclosure about assets.

'We Expect The President To Act!'

'We Expect The President To Act!'

Rediff.com3 days ago

'The government is doing away with crucial laws such as the Forest Conservation Act and the Environment Protection Act which had helped safeguard our forests.' 'The President has to show that she will stand in favour of tribal rights.'

'No hope left' in SC, it can never be independent: Sibal

'No hope left' in SC, it can never be independent: Sibal

Rediff.com3 days ago

Rajya Sabha member of Parliament and senior advocate, Kapil Sibal, has expressed his displeasure over some of the recent judgments passed by the Supreme Court saying he has 'no hope left' in the institution.

UP minister 'disappears' from courtroom after conviction, probe on

UP minister 'disappears' from courtroom after conviction, probe on

Rediff.com3 days ago

A 'preliminary enquiry' has been launched into the 'disappearance' of Uttar Pradesh minister Rakesh Sachan from a courtroom in Kanpur 'without furnishing bail bonds' after being convicted in an Arms Act case, a senior police official said Sunday.

Football legend Bhutia for AIFF president's post?

Football legend Bhutia for AIFF president's post?

Rediff.com4 days ago

'If a player of the status of Bhaichung is nominated for the post of president of the AIFF, it will be a good thing'

Jagdeep Dhankhar elected 14th Vice President of India

Jagdeep Dhankhar elected 14th Vice President of India

Rediff.com5 days ago

Dhankar wins vice presidential election by bagging more than 500 votes.

After CWG silver, Sreeshankar's goal is Paris Olympics

After CWG silver, Sreeshankar's goal is Paris Olympics

Rediff.com6 days ago

He may have missed out on a gold medal by the thinnest of margins, but the ever-smiling Murali Shreeshankar, who won a historic silver medal in men's long jump at the Commonwealth Games in Birmingham on Thursday, says this is just the beginning; he is hungry for more success.

Sreeshankar 'bit disappointed' he could not win gold

Sreeshankar 'bit disappointed' he could not win gold

Rediff.com6 days ago

Murali Sreeshankar was "very happy' to win the silver medal in the men's long jump at the Commonwealth Games in Birmingham on Thursday, but a "bit disappointed" at being unable to take home the gold.

PIX: Sreeshankar wins silver in long jump at CWG

PIX: Sreeshankar wins silver in long jump at CWG

Rediff.com7 days ago

Murali Sreeshankar clinched a historic silver in men's long jump to give India its second medal in athletics at the Commonwealth Games in Birmingham on Thursday.

LS adjourned for the day as Oppn creates ruckus over misuse of ED, price rise

LS adjourned for the day as Oppn creates ruckus over misuse of ED, price rise

Rediff.com7 days ago

As soon as the House met at 2 pm, papers were laid on the table and two resolutions adopted amid slogan shouting and protest by Congress members.

My last CWG, but not retiring yet: Seema Punia

My last CWG, but not retiring yet: Seema Punia

Rediff.com3 Aug 2022

Veteran discus thrower Seema Punia on Wednesday admitted that the Birmingham edition will be her last CWG but insisted that her career is not yet over.

'Dangerous verdict': Oppn seeks review of SC's PMLA order

'Dangerous verdict': Oppn seeks review of SC's PMLA order

Rediff.com3 Aug 2022

The Opposition said the judgement will strengthen the hands of a government.

India's first woman permanent representative to UN assumes charge

India's first woman permanent representative to UN assumes charge

Rediff.com3 Aug 2022

A 1987-batch Indian Foreign Service officer, Kamboj was previously Ambassador of India to Bhutan and was in June appointed India's Permanent Representative to the United Nations in New York, succeeding Ambassador T S Tirumurti.

After 20 Years, Hamida Bano Sees Her Family

After 20 Years, Hamida Bano Sees Her Family

Rediff.com3 Aug 2022

A woman from Mumbai who went missing 20 years ago after travelling abroad for work has been traced to Pakistan with the help of social media.

India slay Singapore to retain CWG men's TT team gold

India slay Singapore to retain CWG men's TT team gold

Rediff.com3 Aug 2022

In the first singles, Sharath went down 7-11, 14-12, 3-11,9-11 against Clarence.

CWG medallist Thakur pays tribute to slain singer Sidhu Moose Wala

CWG medallist Thakur pays tribute to slain singer Sidhu Moose Wala

Rediff.com3 Aug 2022

On winning his third CWG medal on Tuesday, Vikas Thakur paid tribute to his idol by doing the 'thigh-five' celebration. 'The Punjabi thapi (thigh-five) was tribute to Sidhu Moose Wala.'

'Be an entrepreneur in college itself'

'Be an entrepreneur in college itself'

Rediff.com1 Aug 2022

'Even if you fail as an entrepreneur, you can start another business or get a job.'

Mizoram teen Jeremy rewrites two Games record on way to sensational CWG gold

Mizoram teen Jeremy rewrites two Games record on way to sensational CWG gold

Rediff.com31 Jul 2022

Jeremy Lalrinnunga smashed two Games records on his way to a sensational gold medal win

'They were defaming Gujarat': Court denies bail to Setalvad, Sreekumar

'They were defaming Gujarat': Court denies bail to Setalvad, Sreekumar

Rediff.com30 Jul 2022

A sessions court in Ahmedabad on Saturday rejected the bail applications of activist Teesta Setalvad and former director general of police R B Sreekumar, arrested for allegedly fabricating documents to 'frame innocent people' in 2002 riots cases.

There will be earthquake if I started speaking: Shinde's warning to Uddhav

There will be earthquake if I started speaking: Shinde's warning to Uddhav

Rediff.com30 Jul 2022

In a veiled warning to Shiv Sena president Uddhav Thackeray, Maharashtra Chief Minister Eknath Shinde on Saturday said there will be an 'earthquake' if he started speaking.

Supreme Court judge Justice A M Khanwilkar retires

Supreme Court judge Justice A M Khanwilkar retires

Rediff.com29 Jul 2022

Justice A M Khanwilkar, the second senior-most judge of the Supreme Court, retired on Friday and thanked bar association leaders for their 'love and affection'.

Hockey at CWG: Indian women look to bury WC ghosts

Hockey at CWG: Indian women look to bury WC ghosts

Rediff.com28 Jul 2022

The Indian women are clubbed in Pool A alongside hosts England, Canada, Wales and Ghana

Is ED Bad Only When It Targets Gandhis?

Is ED Bad Only When It Targets Gandhis?

Rediff.com28 Jul 2022

If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.

SC backs PMLA, says money laundering promotes terrorism, drug trafficking

SC backs PMLA, says money laundering promotes terrorism, drug trafficking

Rediff.com27 Jul 2022

The Supreme Court said on Wednesday that money laundering is a "heinous" crime which not only affects the social and economic fabric of a nation but also tends to promote other serious offences like terrorism and drug trafficking.

SC upholds ED's power to arrest, attach property under money-laundering law

SC upholds ED's power to arrest, attach property under money-laundering law

Rediff.com27 Jul 2022

The Supreme Court of India on Wednesday upheld the validity of certain provisions of the Prevention of Money Laundering Act (PMLA) and said it is not mandatory to give an Enforcement Case Information Report (ECIR) in every case to the person concerned.

In shooting's absence, India hopes to make 'surprise' gains in CWG 2022

In shooting's absence, India hopes to make 'surprise' gains in CWG 2022

Rediff.com27 Jul 2022

India's top-five finish not a given this time

Court puts off order on Teesta, Sreekumar bail pleas to July 28

Court puts off order on Teesta, Sreekumar bail pleas to July 28

Rediff.com26 Jul 2022

A court in Ahmedabad on Tuesday deferred till Thursday its order on the bail pleas of activist Teesta Setalvad and former DGP RB Sreekumar in a case of fabricating evidence to frame innocent persons in connection with the 2002 Gujarat communal riots.

'Polyester Flags Go Against The Ethos Of Freedom Movement'

'Polyester Flags Go Against The Ethos Of Freedom Movement'

Rediff.com26 Jul 2022

'If you want to change everything all of a sudden to polyester, then the production of khadi flags will come under trouble.'

ED registered highest money laundering, FEMA cases in FY22: Govt tells Parl

ED registered highest money laundering, FEMA cases in FY22: Govt tells Parl

Rediff.com25 Jul 2022

During the financial years between 2012-13 to 2021-22, the federal probe agency filed a total of 3,985 criminal complaints under the Prevention of Money Laundering Act and 24,893 under the civil law of the Foreign Exchange Management Act.

Ex-DGP Sreekumar conspired to frame innocents in Guj riots cases: SIT to court

Ex-DGP Sreekumar conspired to frame innocents in Guj riots cases: SIT to court

Rediff.com25 Jul 2022

The court is likely to give its order on Tuesday on the bail pleas of Sreekumar and co-accused Setalvad, who are currently in judicial custody.

Droupadi Murmu to take oath as India's 15th President today

Droupadi Murmu to take oath as India's 15th President today

Rediff.com25 Jul 2022

On July 21, the former Jharkhand governor Murmu registered a historic win over her rival Yashwant Sinha in the Presidential election, becoming the first woman tribal candidate and the second woman in the country to occupy the highest office in the country.

Govt tweaks flag code; now can be flown day and night

Govt tweaks flag code; now can be flown day and night

Rediff.com23 Jul 2022

The move came as the government is going to launch a 'Har Ghar Tiranga' (hoisting of flag in every home) from August 13 to 15 as part of the 'Azadi Ka Amrit Mahotsav'.

Ajay Devgn, Suriya win National Awards

Ajay Devgn, Suriya win National Awards

Rediff.com22 Jul 2022

The 10-member jury was headed by filmmaker Vipul Shah. The awards were announced by jury member Dharam Gulati.

Cong urges Muslim community to back it in Guj polls, asks to defeat AIMIM, AAP

Cong urges Muslim community to back it in Guj polls, asks to defeat AIMIM, AAP

Rediff.com21 Jul 2022

State Congress president Jagdish Thakor urged Muslim leaders, including Pirzada, to frame a time-bound programme targeting 60 assembly seats with sizable Muslim population.

Teesta part of plot to frame then Guj CM Modi in 2002 riot cases: SIT to court

Teesta part of plot to frame then Guj CM Modi in 2002 riot cases: SIT to court

Rediff.com20 Jul 2022

The Mumbai-based activist, currently in jail in Gujarat, has sought bail.

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