'Periods of vacancy, which have become more common in recent years, can affect the pace of decision-making.'
In a bid to ease compliance towards companies planning public offers (IPOs), the Securities and Exchange Board of India (Sebi) has notified norms that open more avenues to meet the minimum promoters' contribution (MPC). The market regulator has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in the case of a shortfall without being identified as a promoter.
The stage is set for the loading of cash into automated teller machines (ATMs) through the cassette-swap mode with an initial four-phased roll-out across 30 cities from June 1. The lockable cassette-swap will do away with the current practice of open-cash replenishment into ATMs. Cash-in-transit (CIT) firm personnel, tasked with loading cash into ATMs, will not have to touch it anymore. Cash-handling will be done by CITs at the cash centre, and the task of taking into account the amount of cash remaining from the last cassette-load will also be made simpler.
An employees' consortium has demanded that the Committee of Creditors should look at providing one month's salary as an interim financial assistance.
Facing an acute shortage of COVID-19 vaccines, the Odisha government on Monday decided to float a global tender for procuring the vaccine to inoculate the states entire population, Chief Secretary S C Mohapatra said.
Odisha on Monday got its first fast-track court here to deal exclusively with cases of sexual offences against women.
The Central Administrative Tribunal set aside the appointment of R R Girish Kumar as the director general of police of Andhra Pradesh on Thursday.
Besides urging the Centre for extension of loan moratorium, the hotel and travel industries have also demanded deferment of GST and advance tax payments and waiver of fees for all forthcoming licences and permits.
Monnet, which has already acquired 27 per cent in Orissa Sponge at Rs 283 per share, made an open offer for another 20 per cent at Rs 310 per share. Monnet group executive vice-chairman and managing director Sandeep Jajodia said, "We have formed a joint venture with Orissa Sponge existing promoter P K Mohanty. Under the deal, the Monnet group will have three directors, while Mohanty, who will have around 18 per cent stake in the company, will have two nominees on the board."
Delhi-based Monnet Ispat and Power has bought 27 per cent in the steel company and may make open offer at Rs 320 per share. Backed by P K Mohanty, executive vice-chairman and managing director, Orissa Sponge, and the promoter of the company, Monnet Ispat has now become the frontrunner for acquiring the company by buying a total of 54 million shares.
There is no sign of war in the border regions, a top Indian army officer said on Monday. "I see no war cloud in the Indo-Pak border regions," General Officer Commanding-in-Chief of Army's Central Command Lt Gen J K Mohanty said in Bhubaneshwar. Ever since terrorists of Pakistani origin launched an attack at the heart of Mumbai, there has been fears of India going to war with Pakistan.
The clash occurred after Pakistani militants held in the jail pelted stones and hot water bottles on security personnel.
Budhia had stopped going to school ever since he was separated from his trainer Biranchi Das in August after his mother lodged an FIR saying he had tortured the boy.
Infrastructure equipment and finance company SREI International Finance, along with its associate company Indian Infrastructure Equipment, has struck a deal with Tata Motors for 10,000 vehicles.
Mohanty said the Army had taken several steps to prevent a repetition of 1999 when India lost over 500 soldiers while evicting Pakistan-backed intruders from strategic heights in the Kargil region.
Punjab National Bank on Tuesday obtained permission to start its operations in Afghanistan and plans to open offices in Dubai and Shanghai as well.
Hosts Punjab won with a day to spare and earned full four points on Friday.
Three persons were killed, while three were injured and at least five houses were set on fire when Trinamool Congress and Bharatiya Janata Party supporters fought a gun duel at Makra village in Birbhum district on Monday.
IT, e-commerce firms to raise the bar in recruitment, packages.
Andhra Pradesh Chief Minister N Kiran Kumar Reddy on Thursday directed the police to observe utmost restraint in dealing with the ongoing agitation in Andhra-Rayalaseema regions.
With a decision on the Telangana issue imminent, Home Minister Sushilkumar Shinde said the situation in Andhra Pradesh is peaceful.
The labour force at large has turned less needy, due to various government financial incentives and freebies.
The burst occurred when a giant cloud of plasma ejected from the solar corona struck Earth at a very high speed.
Chief Minister N Kiran Kumar Reddy on Monday relieved two of his secretaries of their duties in the Chief Minister's Office as part of a reshuffle of nearly a dozen Indian Administrative Service officers in the state.
Six teams of the National Disaster Response Force are being deployed in four coastal districts of Andhra Pradesh as cyclonic storm 'Helen' is expected to cross the Bay of Bengal coast near Kavali on Thursday evening.
To further ensure employability of students, IITs are encouraging students to positively accept more number of pre-placement offers and not wait till final placement season
This year, campuses placed most number of students in the first phase compared to past few years.
With the green cover gone, the bald roads to Puri are now reigned by lorries laden with electric poles, ambulances, fire service vehicles and cranes, signalling the rebuilding effort is in the works.
The Special Task Force headed by former Director General of the Central Reserve Police Force K Vijayakumar on Tuesday discussed "division of assets" of the Andhra Pradesh police in the event of the bifurcation of the state on the first day of its three-day tour.
As many as 30 sub-groups and committees worked tirelessly to devise rules and laws as well as fix tax rates for over 1,200 goods and services.
The chairman's post will soon fall vacant, but that's not the only one that needs to be filled.
The Andhra Pradesh Government has set up about 100 relief camps across the state and air-dropped food packets to people affected by heavy rains and floods even as the situation in East and West Godavari districts turned grim.
The number of offers per recruiter has come down by anywhere between 10 and 20 per cent at different IITs.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances