Search results for 'current+cr+news'

Corporate tax exemptions dented state exchequer by Rs 62k cr

Corporate tax exemptions dented state exchequer by Rs 62k cr

Rediff.com28 Feb 2015

Tax exemptions to corporates result in revenue loss to state exchequer in 2014.

Amid violence, couple tie the knot in Gokulpuri

Amid violence, couple tie the knot in Gokulpuri

Rediff.com29 Feb 2020

Mahendra Kumar and Savita Kashyap, both in their 20s, got married on Friday -- four days after they exchanged rings in an engagement ceremony.

Cabinet approves Rs 8,500-cr bailout package for sugar industry

Cabinet approves Rs 8,500-cr bailout package for sugar industry

Rediff.com6 Jun 2018

These decisions are aimed at helping mills in clearing part of over Rs 22,000-crore arrears to cane farmers.

FDI reforms: Now, pharma in focus

FDI reforms: Now, pharma in focus

Rediff.com18 Jul 2013

FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.

Ginger Hotels plans Rs 90-cr spread

Ginger Hotels plans Rs 90-cr spread

Rediff.com13 Jul 2012

Speaking to reporters after launching Ginger Hotels' second property in Chennai, Prabhat Pani, chief executive officer and director, Roots Corporation, said, "This is our 26th hotel across the country. With this, we have added around 200 rooms this year in two projects.

Ask Mayank: How to do online interviews?

Ask Mayank: How to do online interviews?

Rediff.com22 Apr 2021

Working online is the new reality, explains HR Guru Mayank Rautela.

Air India owes Rs 5,000 cr in fuel dues; hasn't paid for 230 days

Air India owes Rs 5,000 cr in fuel dues; hasn't paid for 230 days

Rediff.com23 Aug 2019

IOC, BPCL and HPCL on Thursday afternoon stopped ATF supplies to Air India at six airports - Kochi, Pune, Patna, Ranchi, Vizag and Mohali - over payment defaults. AI flights from these places were tanking up from other airports.

Nirav Modi's remand extended in UK, final hearings in 2021

Nirav Modi's remand extended in UK, final hearings in 2021

Rediff.com1 Dec 2020

Nirav Modi, wanted in connection with the estimated $2-billion Punjab National Bank (PNB) scam case, was further remanded in custody on Tuesday by a court in London hearing India's extradition request for the diamond merchant. The 49-year-old appeared on Tuesday via videolink from Wandsworth Prison in south-west London, dressed in a maroon sweater and sporting a full beard, for his regular 28-day "call-over hearing" at Westminster Magistrates' Court, where Chief Magistrate Emma Arbuthnot extended his remand for another 28 days until December 29.

Jet Airways net dives 44% to Rs 126 cr amid stiff competition

Jet Airways net dives 44% to Rs 126 cr amid stiff competition

Rediff.com12 Aug 2016

Total revenue dropped to Rs 5,406 crore in the first quarter of the current financial year from Rs 5,508 crore in the same period a year ago

AI reports loss of Rs 3,450 cr

AI reports loss of Rs 3,450 cr

Rediff.com3 Mar 2011

Already reeling under huge losses and facing a liquidity crunch, Air India has suffered a loss of Rs 3,450 crore (Rs 34.5 billion) in the first half of the current fiscal.

ITC Q2 net up 6% at Rs 2,640 cr, cigarettes hit by high tax

ITC Q2 net up 6% at Rs 2,640 cr, cigarettes hit by high tax

Rediff.com27 Oct 2017

The cigarettes segment had a revenue of Rs 4,554.21 crore during the second quarter of the current fiscal, as against Rs 8,528.47 crore in the year-ago period, down 46.56 per cent.

Sebi lowers Sahara case expense estimates to Rs 25.88 cr

Sebi lowers Sahara case expense estimates to Rs 25.88 cr

Rediff.com1 Feb 2015

This was due to a planned expenditure being revised

March will see govt banks get Rs 46K cr as capital infusion

March will see govt banks get Rs 46K cr as capital infusion

Rediff.com9 Mar 2018

The country's largest lender State Bank of India will get the largest sum of Rs 8,800 crore as government's capital infusion.

Investor wealth rises by over Rs 1 lakh cr as stocks zoom

Investor wealth rises by over Rs 1 lakh cr as stocks zoom

Rediff.com23 Jan 2018

The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.

To manage excess cash, govt raises MSS limit to Rs 6 lakh cr

To manage excess cash, govt raises MSS limit to Rs 6 lakh cr

Rediff.com2 Dec 2016

MSS bonds are issued with the objective of providing the central bank with a stock of securities with which it can intervene in the market for managing liquidity. These securities are not issued to meet the government's expenditure.

FII inflows cross Rs 1-lakh-cr mark

FII inflows cross Rs 1-lakh-cr mark

Rediff.com7 Dec 2013

A delay in US Federal Reserve's quantitative easing tapering, coupled with better-than-expected September quarter earnings, ensured FIIs kept foreign money flowing into Indian equities.

Nirav Modi extradition case: UK judge admits CBI, ED evidence

Nirav Modi extradition case: UK judge admits CBI, ED evidence

Rediff.com3 Nov 2020

A UK judge presiding over the extradition proceedings of Nirav Modi on Tuesday ruled that the evidence submitted by the Indian authorities to establish a prima facie case of fraud and money laundering against the fugitive diamantaire is broadly admissible. District Judge Samuel Goozee heard the arguments for and against the admissibility of certain witness statements provided by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) at Westminster Magistrates' Court in London and concluded that he considered himself "bound" by the previous UK court rulings in the extradition case of former Kingfisher Airlines chief Vijay Mallya. He then adjourned the case for a two-day hearing on January 7 and 8 next year, when he will hear the final submissions in the case before he hands down his judgment a few weeks later.

Banks may take Rs 30,500-cr hit on rising bond yields

Banks may take Rs 30,500-cr hit on rising bond yields

Rediff.com14 Feb 2018

Out of the total potential loss, the share of state-run banks will be Rs 24,800 crore in FY18, while that of the private sector banks will be Rs 5,700 crore

Direct tax mop up rises 14.1% to Rs 8.74 lakh cr in Apr-Dec 2018

Direct tax mop up rises 14.1% to Rs 8.74 lakh cr in Apr-Dec 2018

Rediff.com7 Jan 2019

As much as Rs 3.64 lakh crore has been collected as advance tax, which is 14.5 per cent higher than the advance tax collections during the same period last year.

OIL pays over Rs 518 cr interim dividend to govt

OIL pays over Rs 518 cr interim dividend to govt

Rediff.com7 Mar 2013

OIL, which had paid a total dividend of 190 per cent in 2011-12, in January declared an interim dividend of 110 per cent for the current fiscal.

Reliance Q1 net jumps 18% to Rs 7,113 cr

Reliance Q1 net jumps 18% to Rs 7,113 cr

Rediff.com15 Jul 2016

The company's turnover dipped to Rs 64,990 crore.

Gambhir lashes out at Bedi, Chauhan

Gambhir lashes out at Bedi, Chauhan

Rediff.com12 Jun 2018

Gautam Gambhir launched a scathing attack on former skippers Bishan Bedi and opener Chetan Chauhan after the Haryana speedster made it to India's Test team.

Aditya Puri continues to be the highest paid bank CEO

Aditya Puri continues to be the highest paid bank CEO

Rediff.com27 Jun 2015

Puri earned a salary of Rs 7.39 crore in FY15, up 21.74% from last year

Four in race for Rs 10,000-cr tunnel in Kashmir

Four in race for Rs 10,000-cr tunnel in Kashmir

Rediff.com2 Jun 2017

The tunnel would provide all-weather connectivity between Srinagar and Leh-Ladakh

Malaysia's IHH Healthcare wins bid for Fortis, plans to invest Rs 4000 cr

Malaysia's IHH Healthcare wins bid for Fortis, plans to invest Rs 4000 cr

Rediff.com13 Jul 2018

In a statement, Fortis said under the accepted offer, IHH would infuse Rs 4,000 crore through subscription to the preferential allotment at a price of Rs 170 per share. The Malaysian firm will then make a mandatory open offer to public shareholders for 26 per cent of the outstanding shares post issuance.

This start-up aims to reform India's political leadership

This start-up aims to reform India's political leadership

Rediff.com14 Jan 2013

Harvard graduate Rwitwika Bhattacharya's start-up Swaniti aims to bring a change in the country's political leadership. Read on to know how more about how the young brigade plans to do so in the next few years.

Govt looks to save Rs 10,000 cr in cooking gas subsidies

Govt looks to save Rs 10,000 cr in cooking gas subsidies

Rediff.com7 Jun 2015

The world's largest cash transfer programme has eliminated around 40 million ghost connections

ONGC plans capex of Rs 35,050 cr

ONGC plans capex of Rs 35,050 cr

Rediff.com1 Mar 2013

ONGC will invest Rs 35,049.23 crore (Rs 350.49 billion) in 2013-14 as compared to revised capital expenditure of Rs 33,577 crore (Rs 335.77 billion) in the current fiscal, according to the 2013-14 General Budget documents.

Volkswagen to invest Rs 1,500 cr in India

Volkswagen to invest Rs 1,500 cr in India

Rediff.com15 Jul 2014

German carmaker Volkswagen plans to invest Rs 1,500 crore in India over the next 6 years on various activities, including local production of engines, as it aims to consolidate position in the country.

LIC to invest Rs 50,000 cr in equity market this fiscal

LIC to invest Rs 50,000 cr in equity market this fiscal

Rediff.com24 Aug 2014

During the first quarter ended June, 2014-15 fiscal, LIC earned a total premium of Rs 14,016 crore.

Infy gets co-chairman, sets aside Rs 13K cr for share buyback

Infy gets co-chairman, sets aside Rs 13K cr for share buyback

Rediff.com13 Apr 2017

The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.

Govt staff salaries: A whopping Rs 1 lakh cr and to rise further!

Govt staff salaries: A whopping Rs 1 lakh cr and to rise further!

Rediff.com12 Aug 2015

The outgo towards salary will further rise in 2017-18 to over Rs 1.28 lakh crore.

NSE to auction FII limits for govt debt worth Rs 3,161 cr

NSE to auction FII limits for govt debt worth Rs 3,161 cr

Rediff.com28 Nov 2014

The auction follows aggregate overseas investments in government debt securities yesterday reaching Rs 1,21,271 crore (Rs 1,212.71 billion), which is 97.46 per cent of total permitted limit of Rs 1,24,432 crore (Rs 1,244.32 billion).

ASK MAYANK: What's the right job for me?

ASK MAYANK: What's the right job for me?

Rediff.com14 Jul 2021

HR Guru Mayank Rautela offers practical advice.

Govt to infuse Rs 83,000 cr in PSBs in next few months: Jaitley

Govt to infuse Rs 83,000 cr in PSBs in next few months: Jaitley

Rediff.com20 Dec 2018

The recapitalisation, the finance minister said, will enhance the lending capacity of state-owned banks and help them come out of RBI's Prompt Corrective Action framework.

Govt targets 1 cr consumers to give up LPG subsidy

Govt targets 1 cr consumers to give up LPG subsidy

Rediff.com29 Mar 2015

Govt targets 1 cr consumers to give up LPG subsidy.

Railways to borrow Rs 11,790 cr in 2014-15

Railways to borrow Rs 11,790 cr in 2014-15

Rediff.com8 Jul 2014

The estimated market borrowing by these two companies during current fiscal were pegged at Rs 13,800 crore (Rs 138 billion) from markets, as per the interim Railway Budget for 2014-15 tabled in February.

'I've lost my job and the future scares me'

'I've lost my job and the future scares me'

Rediff.com24 Feb 2021

What do you do when you've lost your job during the lockdown and are unable to get another one? Get expert advice from HR Guru Mayank Rautela.

Honda Cars to hike prices of entire range from January

Honda Cars to hike prices of entire range from January

Rediff.com4 Dec 2013

Honda Cars India Ltd is looking to hike prices of its entire product range in the country from the first week of January as it aims to partially offset the effects of adverse exchange rate and inflation.

Pay hike plan: Rs 28,450 cr loss for Indian Railways

Pay hike plan: Rs 28,450 cr loss for Indian Railways

Rediff.com20 Nov 2015

This is roughly 70% of the national transporter's budgeted wage bill of Rs 40,435 crore for the current financial year.