News for '-mundra'

SRK's son among 8 arrested by NCB during cruise raid, sent to custody

SRK's son among 8 arrested by NCB during cruise raid, sent to custody

Rediff.com4 Oct 2021

Besides Aryan Khan, the arrested accused are identified as Munmun Dhamecha, Arbaaz Merchant, Ismeet Singh, Mohak Jaswal, Gomit Chopra, Nupur Sarika, and Vikrant Chhokar.

'Can't abdicate jurisdiction': Oppn to ED over Adani issue

'Can't abdicate jurisdiction': Oppn to ED over Adani issue

Rediff.com15 Mar 2023

Leaders of several opposition parties were stopped by the police at Vijay Chowk in New Delhi as they took out a protest march from Parliament House to hand over a complaint to the Enforcement Directorate on the Adani issue.

Biparjoy: No power in hundreds of villages; roads, houses damaged

Biparjoy: No power in hundreds of villages; roads, houses damaged

Rediff.com16 Jun 2023

Cyclone Biparjoy has left a trail of destruction in Gujarat's Kutch and Saurashtra regions as some 1,000 villages are still without power with hundreds of electric poles getting damaged, while several coastal villages were flooded due to heavy rains and incoming seawater, officials said on Friday, a day after the storm made landfall.

Adani now plans to enter water segment

Adani now plans to enter water segment

Rediff.com19 Jan 2023

Adani Enterprises, which is launching India Inc's second-largest follow-on public offer worth Rs 20,000 crore next week, on Thursday said it is planning to enter the water segment as this is a key element of its core business of infrastructure. The group is into the entire gamut of infrastructure -- being its ports, airports, roads, expressways power generation & distribution, among others. In ports and airports, the group is the largest player in the private sector. Addressing media from Milan, group chief financial officer Jugeshinder Singh said the company has fixed the price band for the Rs 20,000-crore issue in the range of Rs 3,112-3,276 per share.

Gujarat is no Pakistan: Fadnavis on Vedanta row

Gujarat is no Pakistan: Fadnavis on Vedanta row

Rediff.com17 Sep 2022

Maharashtra fell behind Gujarat in attracting foreign investment during the MVA's tenure but in the next two years the present government would take Maharashtra ahead, said Fadnavis.

Adani reveals plans for NDTV: Want global news brand, invite Prannoy Roy to stay on

Adani reveals plans for NDTV: Want global news brand, invite Prannoy Roy to stay on

Rediff.com26 Nov 2022

"Independence means if government has done something wrong, you say it's wrong. But at the same time, you should have courage when the government is doing the right thing every day. You have to also say that," he Gautam Adani was quoted as saying by FT.

Will L'affaire Adani Affect Modi's Image?

Will L'affaire Adani Affect Modi's Image?

Rediff.com21 Feb 2023

Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.

Police seize Rs 362 cr worth of heroin from container near Mumbai

Police seize Rs 362 cr worth of heroin from container near Mumbai

Rediff.com15 Jul 2022

The DGP said after concealing the contraband, the accused persons had meticulously welded the door border and repainted it.

India staring at power crisis ahead of festive season

India staring at power crisis ahead of festive season

Rediff.com9 Oct 2021

In a year when the country produced record coal, rains hit movement of the fuel from mines to power generation units, impacting power generation in many states, including Gujarat, Punjab, Rajasthan, Delhi and Tamil Nadu.

How Covid Spiked Gold Smuggling

How Covid Spiked Gold Smuggling

Rediff.com3 Jan 2023

Officials were surprised at how quickly smugglers appraised the Covid situation to recruit jobless migrant workers to ship gold.

What You Must Know About Vizhinjam Port

What You Must Know About Vizhinjam Port

Rediff.com1 Dec 2022

The shipping business is like the heaving sea -- it's up and down, observes Shyam G Menon.

'I watched videos of rape survivors for hours'

'I watched videos of rape survivors for hours'

Rediff.com28 Oct 2022

'Our team met rape victims and their families. We went to their houses but were not allowed to ask too many questions. There would be disturbing silences.'

Will Brahmastra Save Bollywood?

Will Brahmastra Save Bollywood?

Rediff.com1 Sep 2022

It was a lull period for Bollywood in August as none of the new releases could work at the box office, hope that it turns around in September.

Is Adani a Modi Crony?

Is Adani a Modi Crony?

Rediff.com11 Apr 2023

This State-corporate 'cooperation' didn't begin with the arrival of the Modi government.
Many of the big licences, contracts, and even environmental clearances for the Adani group had come in the UPA's time, points out Shekhar Gupta.

Adani Group, Posco ink JV worth $5 billion

Adani Group, Posco ink JV worth $5 billion

Rediff.com13 Jan 2022

Industrialist Gautam Adani-led Adani Group has signed a pact with South Korea's Posco to explore business opportunities in sectors like steel, renewable energy among others. Both the entities have signed a memorandum of understanding (MoU) to this effect. In a statement on Thursday, Adani Group said the investment under the MoU is estimated to be up to $5 billion.

Who Held More Rallies In Gujarat Than Modi?

Who Held More Rallies In Gujarat Than Modi?

Rediff.com14 Dec 2022

Hemantkumar Shivsaran compares the number of rallies held by the BJP leadership in Gujarat and Himachal Pradesh.

Guj ATS seizes drugs worth Rs 2,170 cr in 3 yrs; 73 people arrested

Guj ATS seizes drugs worth Rs 2,170 cr in 3 yrs; 73 people arrested

Rediff.com6 Mar 2022

It claimed that Pakistani smugglers many times tried to use the Gujarat coast to smuggle drugs, but all such attempts were foiled.

205 kg heroin worth Rs 1439 cr seized from 17 containers near Kandla port

205 kg heroin worth Rs 1439 cr seized from 17 containers near Kandla port

Rediff.com25 Apr 2022

The Directorate of Revenue Intelligence has seized 205.6 kg heroin worth Rs 1,439 crore from a container near Kandla port in Gujarat and arrested an importer from Punjab in this connection following an extensive search operation, the DRI said on Monday.

Security heightened at Guj ports after terror threat

Security heightened at Guj ports after terror threat

Rediff.com29 Aug 2019

The move comes days after the Indian Navy also warned of a possible terror attack from the sea side.

Power crisis: Lessons India can learn from China

Power crisis: Lessons India can learn from China

Rediff.com20 Oct 2021

China on Tuesday announced a major policy change for its crisis-ridden power sector by allowing coal-fired power plants to charge their industrial and commercial customers market-driven prices. The National Development and Reform Commission (NDRC) of China said the electricity generated by coal-fired plants would discover price in market trading "in an orderly manner" from October 15. This is being done to pass on the high costs of coal and is being held up as the boldest reform in the Chinese power sector.

BJP back in Gujarat a positive for Tata, Adani power plants

BJP back in Gujarat a positive for Tata, Adani power plants

Rediff.com31 Dec 2017

The negotiations for a bail-out of the two plants could see continuity though a weakened BJP majority is a cause of concern among analysts, says Amritha Pillay.

Why Tata, Adani, Essar are upset with the Gujarat govt

Why Tata, Adani, Essar are upset with the Gujarat govt

Rediff.com10 Jul 2020

The earlier resolution allowing these developers to charge higher power tariffs, now stands cancelled.

'India has adequate forex to manage challenges'

'India has adequate forex to manage challenges'

Rediff.com15 Jul 2015

India's forex reserves recently declined by $704 million to $354.517 billion.

Revealed: How PM Planned Demonetisation

Revealed: How PM Planned Demonetisation

Rediff.com8 Nov 2022

November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.

Heroin worth Rs 400 cr seized from Pak boat off Gujarat coast

Heroin worth Rs 400 cr seized from Pak boat off Gujarat coast

Rediff.com20 Dec 2021

The boat was brought to the Jakhau coast in Kutch district of Gujarat for further investigation.

Adani says Queensland govt supports coal mine project

Adani says Queensland govt supports coal mine project

Rediff.com17 Mar 2017

The statement came a day after cricket legends Ian and Greg Chappell and few other prominent Australians urged Adani Group chairman Gautam Adani to abandon the mine project

120 kg of heroin worth Rs 600 cr seized in Gujarat, 3 held

120 kg of heroin worth Rs 600 cr seized in Gujarat, 3 held

Rediff.com15 Nov 2021

Earlier, in September, authorities seized around 3,000 kg of the drug at the Mundra port in Gujarat's Kutch district.

RBI may grant licences for payment banks by April

RBI may grant licences for payment banks by April

Rediff.com11 Dec 2014

The RBI may grant licences for setting up small finance and payment banks by April 2015.

Govt must infuse $39 bn into state banks by 2019: RBI deputy

Govt must infuse $39 bn into state banks by 2019: RBI deputy

Rediff.com19 Nov 2014

Banks should start looking for ways to generate more internal capital as the leeway to get additional funds from the government would be limited due to the ongoing fiscal consolidation process, Mundra said.

Adani group to be India's 2nd-largest cement manufacturer

Adani group to be India's 2nd-largest cement manufacturer

Rediff.com16 May 2022

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.

Jan Dhan accounts more vulnerable to frauds: RBI

Jan Dhan accounts more vulnerable to frauds: RBI

Rediff.com23 May 2016

Third parties can be used to launder the proceeds of fraud schemes by criminals who gain illegal access to deposit accounts by recruiting them as 'money mules'

RBI says 'watchful' of banks' bad loans levels

RBI says 'watchful' of banks' bad loans levels

Rediff.com29 Jul 2015

India's banking sector, dominated by more than two-dozen state-run lenders, has been hobbled by its highest bad-loan ratio.

Love Hostel Review

Love Hostel Review

Rediff.com25 Feb 2022

Love Hostel stays focused on the murky present and revelling in its increasingly dark outcome. Despite the reach of social media and technology, this isn't the cushy, liberal India of mainstream culture. It's a lawless, ruthless, endless minefield where uncertainty and bigotry go hand in hand and patriarchy is a foregone conclusion, observes Sukanya Verma.

RBI to remain cautious despite low inflation

RBI to remain cautious despite low inflation

Rediff.com13 Nov 2014

The RBI, which has been keeping rates at an elevated level citing the high inflation, wants to bring it down to 6 per cent by January 2016.

Will bank account number portability be a reality in India?

Will bank account number portability be a reality in India?

Rediff.com30 Jan 2015

If true then it would be a major disruption in the industry

Tata, Reliance ready for mother of all battles

Tata, Reliance ready for mother of all battles

Rediff.com20 Jul 2021

'The competition between the two is definitely going to be of great interest to the Indian market.'

'I have raised Rs 90,000 crore'

'I have raised Rs 90,000 crore'

Rediff.com28 Dec 2021

'The ship has been stabilised.' 'For the last 6-7 quarters, profitability is stable around Rs 250-Rs 300 crore.'

Saudi Arabia to ship 80 metric tonnes of oxygen to India to meet growing demand

Saudi Arabia to ship 80 metric tonnes of oxygen to India to meet growing demand

Rediff.com25 Apr 2021

The supply shipment is being undertaken in cooperation with the Adani group and Linde company.

Misgovernance, polarisation marked 8 yrs of Modi govt, says Cong; BJP hits back

Misgovernance, polarisation marked 8 yrs of Modi govt, says Cong; BJP hits back

Rediff.com26 May 2022

The BJP calling the Congress a "torn old party" moving towards a stage where its relevance and necessity will be completely lost.

Don't outsource loan processing tasks: RBI to bankers

Don't outsource loan processing tasks: RBI to bankers

Rediff.com23 Mar 2015

The Reserve Bank on Monday warned lenders against outsourcing their credit processing activities to third-party entities.