Search results for 'approval'

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Rediff.com1 days ago

The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.

Sarla Aviation Secures Design Organisation Approval For Indigenous Electric Air Taxis

Sarla Aviation Secures Design Organisation Approval For Indigenous Electric Air Taxis

Rediff.com10 Aug 2026

Bengaluru-based electric air taxi startup Sarla Aviation has received Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA), a crucial step towards commercial production of its indigenous electric vertical take-off and landing (eVTOL) aircraft. The company also inaugurated its new headquarters and announced partnerships, highlighting India's growing capabilities in advanced aerospace technology.

Union cabinet approves high court bench for Ladakh

Union cabinet approves high court bench for Ladakh

Rediff.com20 Aug 2026

The Union Cabinet has approved the establishment of a High Court bench in Ladakh, a move lauded by Home Minister Amit Shah and Lt Governor Vinai Kumar Saxena as a significant step towards improving access to justice and ensuring the all-round development of the Union Territory.

6,562 EV Chargers Approved, None Installed Yet

6,562 EV Chargers Approved, None Installed Yet

Rediff.com5 Aug 2026

While charger deployment is yet to begin, the scheme has supported the sale of 2.65 million EVs as of July 22.

First Dengue Vaccine Approved for India

First Dengue Vaccine Approved for India

Rediff.com21 Jul 2026

The vaccine has been cleared for use in individuals aged 4 to 60 years and can be administered irrespective of whether the taker has had dengue before, eliminating the need for pre-vaccination screening.

Rs 10, Rs 20 Polymer Notes Approved

Rs 10, Rs 20 Polymer Notes Approved

Rediff.com28 Jul 2026

RBI says polymer notes have a significantly longer lifespan, potentially reducing printing costs and replacement frequency.

President Murmu approves 78 gallantry awards, 13 posthumous ahead of I-Day

President Murmu approves 78 gallantry awards, 13 posthumous ahead of I-Day

Rediff.com15 Aug 2026

President Droupadi Murmu on Friday approved 78 gallantry awards, including 13 posthumously, to the personnel of the defence forces and central armed police forces on the eve of 80th Independence Day.

Delhi govt approves bill for time-bound public services

Delhi govt approves bill for time-bound public services

Rediff.com15 Jul 2026

The Delhi government has approved a new bill, the Delhi (Right of Citizen to Time Bound and Ease of Delivery of Services) Bill, 2026, which aims to make time-bound delivery of government services a legal right for citizens. This reform seeks to enhance transparency, accountability, and efficiency through a technology-driven framework, including digital service delivery, automatic escalation for delays, and a grievance redressal mechanism.

Sports Ministry Approves Indian Contingent For Commonwealth Games

Sports Ministry Approves Indian Contingent For Commonwealth Games

Rediff.com10 Jul 2026

The Sports Ministry has approved a 191-member Indian contingent for the Commonwealth Games in Glasgow, comprising 126 athletes and 51 officials. The Ministry has stipulated that expenses for Indian Olympic Association (IOA) Executive Committee members will not be covered by the government. Additionally, National Sports Federations are required to conduct background checks on their contingents, and a performance report must be submitted post-Games.

10-yr-jail, Rs 1 cr fine: Cabinet approves stricter anti-paper leak bill

10-yr-jail, Rs 1 cr fine: Cabinet approves stricter anti-paper leak bill

Rediff.com24 Jul 2026

The Union Cabinet has approved a draft bill to introduce stricter punishments for examination paper leaks, following Prime Minister Narendra Modi's announcement. This new legislation builds upon the Public Examinations (Prevention of Unfair Means) Act, 2024, aiming to curb cheating in public examinations conducted by various central agencies amidst recent controversies like the NEET and NET paper leaks.

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

Rediff.com2 days ago

The National Company Law Tribunal (NCLT) has approved a repayment plan for media baron Subhash Chandra, allowing him to settle admitted creditor claims of approximately Rs 22,006.57 crore by paying just Rs 6.5 crore, resulting in a nearly 99.97 per cent haircut for lenders.

Historic Return: Cricket's LA28 Olympic Qualification System Approved

Historic Return: Cricket's LA28 Olympic Qualification System Approved

Rediff.com29 Jun 2026

The International Olympic Committee (IOC) Executive Board has officially approved the qualification system for cricket at the LA Olympic 2028, marking the sport's return after 128 years. The event will feature men's and women's T20 competitions with six teams each.

Goa cabinet okays anti-conversion bill with life imprisonment

Goa cabinet okays anti-conversion bill with life imprisonment

Rediff.com2 days ago

The Goa cabinet has approved the Goa Prohibition of Unlawful Conversions of Religion Bill, 2026, which proposes stringent penalties, including life imprisonment, for religious conversions carried out through force, fraud, or marriage. The bill will be tabled in the state assembly's monsoon session.

Birla approves 6 Sena-UBT MPs' merger; rebel TMC MPs get separate seats

Birla approves 6 Sena-UBT MPs' merger; rebel TMC MPs get separate seats

Rediff.com18 Jul 2026

Lok Sabha Speaker Om Birla has approved the merger of six Shiv Sena (UBT) MPs with the Eknath Shinde-led Shiv Sena and allowed separate seating for 20 rebel TMC lawmakers who joined the Nationalist Citizens Party of India (NCPI), ahead of the Monsoon session.

Banks Oppose Subhash Chandra Repayment Plan

Banks Oppose Subhash Chandra Repayment Plan

Rediff.com1 days ago

'Resolution plan with this much haircut is totally unviable.'

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

Rediff.com7 days ago

India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.

South Asian Games Set For Pakistan Amid India Participation Uncertainty

South Asian Games Set For Pakistan Amid India Participation Uncertainty

Rediff.com3 days ago

Pakistan is set to host the 14th South Asian Games in April next year across Islamabad, Lahore, and Peshawar, after a six-year delay. While the South Asia Olympic Council has approved the dates and venues, India's participation remains uncertain due to political tensions, despite its representative attending the planning meeting.

Subhash Chandra clarifies personal insolvency claims total Rs 3,992 crore, not Rs 22,000 crore

Subhash Chandra clarifies personal insolvency claims total Rs 3,992 crore, not Rs 22,000 crore

Rediff.com1 days ago

Media baron Subhash Chandra has clarified that the total claim against him in personal insolvency proceedings is Rs 3,992 crore, not Rs 22,000 crore as claimed by dissenting creditors, asserting he was only a personal guarantor and not the borrower.

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

Rediff.com1 days ago

Sources clarify that the NCLT's approval of a repayment plan for Essel Group founder Subhash Chandra does not signify a 99.97 per cent write-off of Rs 22,000 crore in bank loans, as the figure represents claims against him as a personal guarantor, not debt personally borrowed.

Mumbaikars face higher taxi, rickshaw fares from Sept 1

Mumbaikars face higher taxi, rickshaw fares from Sept 1

Rediff.com3 days ago

Commuting by CNG-run black and yellow cabs and auto-rickshaws in Mumbai will become more expensive from September 1, with the Mumbai Metropolitan Region Transport Authority (MMRTA) approving a fare hike of Rs 2 for taxis and Rs 1 for auto-rickshaws.

Notices issued to 36 property owners near Shahi Jama Masjid over rule breach

Notices issued to 36 property owners near Shahi Jama Masjid over rule breach

Rediff.com3 days ago

The Sambhal district administration has issued notices to owners of 36 structures near the Shahi Jama Masjid for alleged violations of building regulations and construction without approved plans. This action is part of the ongoing enforcement under the Sambhal Mahayojana 2031, with owners given seven days to respond.

Odisha govt lens on Vedanta plant over excess water usage

Odisha govt lens on Vedanta plant over excess water usage

Rediff.com1 days ago

Vedanta Ltd's aluminium plant in Jharsuguda, Odisha, is under regulatory scrutiny by the state's Water Resources department regarding its water sources and drawal history. This follows a complaint alleging unauthorised groundwater extraction and previous financial demands for illegal water use, with the National Green Tribunal also seeking responses on environmental concerns.

SHANTI Rules Boost Nuclear Investment

SHANTI Rules Boost Nuclear Investment

Rediff.com5 days ago

The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com2 days ago

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

NIELIT To Establish Quantum And AI University In Amaravati

NIELIT To Establish Quantum And AI University In Amaravati

Rediff.com1 days ago

Andhra Pradesh Chief Minister N Chandrababu Naidu has approved the establishment of India's first dedicated Quantum and AI University campus in Amaravati by NIELIT. This significant project, funded by the MeitY, Government of India, will focus on advanced technologies like Quantum, AI, and Semiconductors, integrating education, research, and entrepreneurship.

Maha sarpanch discusses bribe 'rate card', video goes viral

Maha sarpanch discusses bribe 'rate card', video goes viral

Rediff.com7 days ago

A video from Maharashtra's Latur district has gone viral, showing a sarpanch discussing a "rate card" for bribes allegedly demanded by officials to approve government aid for villagers. The sarpanch claimed that Panchayat Samiti members and officials were demanding money for schemes like wells, cattle sheds, and housing. Authorities have sought an explanation from the sarpanch and are investigating the allegations.

Sports Ministry Clears 492 Athletes For Asian Games In Japan

Sports Ministry Clears 492 Athletes For Asian Games In Japan

Rediff.com7 days ago

The Sports Ministry has approved a 492-member contingent of athletes, including 265 men and 227 women, for the upcoming Asian Games in Japan. The squad features prominent athletes like Neeraj Chopra, PV Sindhu, and Lovlina Borgohain across various disciplines, with athletics having the largest representation.

Sports Ministry Clears 492-Member Indian Squad For Asian Games

Sports Ministry Clears 492-Member Indian Squad For Asian Games

Rediff.com6 days ago

The Sports Ministry has approved a 492-member Indian contingent, comprising 265 male and 227 female athletes, for the upcoming Asian Games in Aichi-Nagoya, Japan. Athletics forms the largest group with 73 participants, including star athletes like Neeraj Chopra and Jyothi Yarraji. Other prominent sports like shooting, weightlifting, badminton, boxing, and wrestling also feature strong teams, with some adjustments made due to doping violations.

Sports Ministry Boosts Table Tennis Talent With TOPS Inclusion

Sports Ministry Boosts Table Tennis Talent With TOPS Inclusion

Rediff.com3 days ago

Young table tennis players Syndrela Das and Payas Jain have been inducted into the Sports Ministry's TOPS Development group, while Manika Batra's international event funding request has also been approved, aiming to strengthen India's table tennis presence on the global stage.

Jio Platforms gets Sebi nod to launch India's biggest IPO

Jio Platforms gets Sebi nod to launch India's biggest IPO

Rediff.com1 days ago

Jio Platforms Ltd, the digital services arm of Reliance Industries, has secured Sebi's final observation to launch an initial public offering (IPO) aiming to raise approximately USD 4 billion (Rs 37,700 crore), potentially making it the largest IPO in India's history.

Bengaluru 'Peptide Party' cancelled after food regulator notice

Bengaluru 'Peptide Party' cancelled after food regulator notice

Rediff.com9 hours ago

Peptide parties are informal, invite-only social gatherings where biohackers, wellness enthusiasts, and fitness influencers meet to discuss, sample, or promote peptide-based products.

MCA launches Ajinkya Rahane Scholarship Fund to nurture young talent

MCA launches Ajinkya Rahane Scholarship Fund to nurture young talent

Rediff.com1 days ago

The Mumbai Cricket Association has established the Ajinkya Rahane Scholarship Fund, backed by Sharad Pawar, to support grassroots cricketers and develop Mumbai's Maidans.

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com5 days ago

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

Lata song played at Shinde's event instead of Vande Mataram

Lata song played at Shinde's event instead of Vande Mataram

Rediff.com18 Aug 2026

A Hindi song with a 'Vande Mataram' refrain, not the official national song, was played at a government event in Thane attended by Maharashtra Deputy Chief Minister Eknath Shinde, who subsequently directed organisers to adhere strictly to the approved version.

Shabnam Sinha to succeed Sunil Mittal as Airtel Payments Bank Chairperson

Shabnam Sinha to succeed Sunil Mittal as Airtel Payments Bank Chairperson

Rediff.com17 Aug 2026

Shabnam Sinha is set to take over as the Chairperson of Airtel Payments Bank for a three-year term starting October 1, 2026, succeeding Sunil Mittal, who concludes his tenure as non-executive Chairman.

GX Group Boosts Domestic Photonics Manufacturing

GX Group Boosts Domestic Photonics Manufacturing

Rediff.com6 days ago

Broadband technology firm GX Group is set to commence manufacturing operations at its advanced photonics facility in India from December, investing Rs 500 crore. This initiative aims to strengthen domestic manufacturing, create skilled jobs, and reduce dependence on imported optical components crucial for high-speed data networks and AI data centres.

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com2 days ago

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

Bombay HC slams BMC for converting football playground to exhibition centre

Bombay HC slams BMC for converting football playground to exhibition centre

Rediff.com20 Aug 2026

The Bombay High Court has expressed strong displeasure with the Brihanmumbai Municipal Corporation (BMC) for approving the conversion of the Neville D'Souza football ground in Bandra into an exhibition centre, despite an earlier oral assurance to maintain status quo. The court has ordered the BMC to halt further action and questioned the impact on outdoor sports.

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

Rediff.com2 days ago

JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.

Irdai's crackdown on insurer operating costs signals stricter compliance

Irdai's crackdown on insurer operating costs signals stricter compliance

Rediff.com5 days ago

The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.