News for '-obliged'

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Rediff.com19 Mar 2018

Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.

Operation Kaveri: First batch of 360 Indians from Sudan reaches Delhi

Operation Kaveri: First batch of 360 Indians from Sudan reaches Delhi

Rediff.com27 Apr 2023

External Affairs Minister S Jaishankar took to Twitter to share images of the evacuees after their arrival at the Indira Gandhi International Airport in New Delhi.

Share of women working overtime in factories at 11-year high in 2019

Share of women working overtime in factories at 11-year high in 2019

Rediff.com29 May 2023

The share of women workers in registered factories submitting annual returns - working more than the statutorily-mandated maximum limit of 48 hours in a week - increased to a 11-year high of 33.6 per cent in 2019, shows the latest annual data released by the labour bureau. In comparison, only 27.9 per cent male workers worked more than the statutorily-mandated hours. Earlier in 2008, 39.2 per cent women workers had worked more than the prescribed work time.

India abstains on Russian resolution against Ukraine at UNSC

India abstains on Russian resolution against Ukraine at UNSC

Rediff.com3 Nov 2022

India has abstained on yet another resolution involving Ukraine, this time a motion sponsored by Russia at the United Nations Security Council (UNSC) that sought to establish a commission to investigate claims by Moscow that the United States and Ukraine are carrying out 'military biological activities' in laboratories in Ukraine in violation of the biological weapons convention.

FoE no excuse for violence, irked India tells West over Khalistani threats

FoE no excuse for violence, irked India tells West over Khalistani threats

Rediff.com6 Jul 2023

In the name of freedom of expression, space should not be given to those advocating violence or legitimising terrorism, India said on Thursday in a message to countries such as Canada, Australia, the US and the UK where pro-Khalistan groups issued posters with threats against senior Indian diplomats.

We're bankrupt country, declares Pak defence minister

We're bankrupt country, declares Pak defence minister

Rediff.com19 Feb 2023

'You must have heard that Pakistan is going bankrupt or that a default or meltdown is taking place. It (default) has already taken place. We are living in a bankrupt country,' Defence minister Khawaja Asif said.

'Trudeau has made a major gamble'

'Trudeau has made a major gamble'

Rediff.com21 Sep 2023

'If Trudeau chooses to repeat his allegations in his UN speech on Friday, it would create a whole new escalation.'

FPO withdrawn due to market volatility, says Gautam Adani

FPO withdrawn due to market volatility, says Gautam Adani

Rediff.com2 Feb 2023

Billionaire Gautam Adani has said the decision to withdraw a fully subscribed share sale of the flagship firm of his group was primarily because of volatility in the market. Adani Group company stocks have lost over $90 billion in value since a US short seller made damning allegations. Adani Enterprises Ltd's Rs 20,000 crore follow-on public offer managed to get investors on the last day of the share close on Tuesday.

Spain take on Costa Rica in battle of the generations

Spain take on Costa Rica in battle of the generations

Rediff.com21 Nov 2022

Spain and Costa Rica are playing in Group E along with Germany and Japan.

Sebi bans Zee Ent's Punit Goenka, Subhash Chandra from holding directorial positions

Sebi bans Zee Ent's Punit Goenka, Subhash Chandra from holding directorial positions

Rediff.com12 Jun 2023

Markets regulator Sebi on Monday barred Essel Group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka from holding the position of a director or key managerial personnel in any listed company for siphoning off funds of the media firm. The case pertains to Chandra, who was also the chairman of ZEEL during the alleged violation, and Goenka having abused their position as directors or KMPs of a listed company for siphoning off funds for their own benefit. In its interim order, Sebi noted that Chandra and Goenka alienated the assets of ZEEL and other listed companies of Essel Group for the benefit of associate entities, which are owned and controlled by them.

Uzbekistan invites India's EC to witness April 30 referendum

Uzbekistan invites India's EC to witness April 30 referendum

Rediff.com12 Apr 2023

Uzbekistan's ambassador to India Dilshod Akhatov said on Tuesday that constitutions of 190 countries, including that of India, were studied to bring in holistic and comprehensive changes to the Constitution of the country.

NDTV seeks clarity from Sebi on Adani deal

NDTV seeks clarity from Sebi on Adani deal

Rediff.com29 Aug 2022

Battling a hostile takeover bid, NDTV's promoter entity RRPR Holding Ltd has sought clarity from Sebi on whether its earlier order bars the conversion of warrants issued to VCPL, now owned by the Adani group. Passing an order on November 27, 2020, the Securities and Exchange Board of India (Sebi) has restrained NDTV founders Radhika and Prannoy Roy to access the securities market for a period of 2 years. As restrictions are still in force, hence a prior written approval from Sebi was required for Vishvapradhan Commercial Private Limited (VCPL) for the exercise of the conversion option on the warrants, NDTV founders had said.

Pakistan skips Democracy Summit in Washington, DC

Pakistan skips Democracy Summit in Washington, DC

Rediff.com28 Mar 2023

Pakistan, the closest ally of China, has decided to skip the Democracy Summit that begins in Washington on Tuesday, opting instead to engage with the US bilaterally to strengthen democratic values, the foreign office in Islamabad said.

After SC rap Punjab governor says budget session on March 3

After SC rap Punjab governor says budget session on March 3

Rediff.com28 Feb 2023

Amid a tussle with the Aam Aadmi Party government, Punjab Governor Banwarilal Purohit on Tuesday told the Supreme Court that he has summoned the assembly for the budget session on March 3, even as the top court told both sides that constitutional discourse has to be conducted with a sense of decorum and mature statesmanship.

Lessons To Be Learnt From Nitin Desai's Death

Lessons To Be Learnt From Nitin Desai's Death

Rediff.com25 Aug 2023

We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.

State must end sexual violence by mobs: SC on Manipur

State must end sexual violence by mobs: SC on Manipur

Rediff.com11 Aug 2023

Expressing anguish over the manner in which women were subjected to grave atrocities in Manipur, the Supreme Court has said that mobs use sexual violence to send a message of subordination to the other community and the state is bound to stop this.

Govt to buy Vodafone Idea stake after share price stabilises at Rs 10 or above

Govt to buy Vodafone Idea stake after share price stabilises at Rs 10 or above

Rediff.com8 Sep 2022

The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source. Vodafone Idea (VIL) board has offered a stake to the government at a par value of Rs 10 per share. "There is a SEBI norm that the acquisition should take place at par value. DoT will clear the acquisition after VIL shares stabilise at Rs 10 or above," an official source told PTI. VIL shares are trading below Rs 10 since April 19.

When India Scored, The Stadium Roared

When India Scored, The Stadium Roared

Rediff.com10 Aug 2023

'There were many experts around me,' A Ganesh Nadar discovers at the India-Pakistan hockey game. 'One of them was explaining to his neighbour, that fellow is a good dragger and flicker, that fellow is a penalty corner specialist, that fellow is a penalty specialist, that fellow is a very good defender, etc, freely dispensing with his expert knowledge.'

'In 2 nights, 246 churches were burnt down'

'In 2 nights, 246 churches were burnt down'

Rediff.com17 Jul 2023

'Somebody strong is playing a game behind the violence in Manipur.' 'It is a pre-planned attack on churches, Christian organisations and Christians.'

Sebi nods ASBA-like facility for secondary mkt

Sebi nods ASBA-like facility for secondary mkt

Rediff.com29 Mar 2023

Markets regulator Sebi will put in place a framework for the Application Supported by Blocked Amount (ASBA) facility for investors in secondary market trading, similar to the existing system for IPO investors. Sebi's board approved the proposal during its meeting here on Wednesday. Through the proposed facility, which would be optional for investors as well as stock brokers, Sebi aims to bring in "efficiency in the secondary market ecosystem by allowing usage of same blocked amount towards margin and settlement obligations.

TMC's Derek O'Brien suspended, later allowed to attend RS

TMC's Derek O'Brien suspended, later allowed to attend RS

Rediff.com8 Aug 2023

Amid a massive ruckus after the suspension order, the Rajya Sabha was adjourned.

Did Modi change rules to give Dharavi project to Adani, asks Cong

Did Modi change rules to give Dharavi project to Adani, asks Cong

Rediff.com18 Apr 2023

Citing news reports, Ramesh said they have "exposed" in considerable detail how the process was manipulated to help the Adanis.

Wimbledon PIX: Alcaraz douses Rune fireworks; Medvedev ends Eubanks run

Wimbledon PIX: Alcaraz douses Rune fireworks; Medvedev ends Eubanks run

Rediff.com13 Jul 2023

It was billed as the battle of the 20-year-olds but Carlos Alcaraz pulled rank on his childhood buddy Holger Rune to enter the Wimbledon semifinals.

Court relief for AAP's Raghav Chadha in official bungalow case

Court relief for AAP's Raghav Chadha in official bungalow case

Rediff.com8 Jun 2023

In an interim relief to Aam Aadmi Party MP Raghav Chadha, a Delhi court has directed the Rajya Sabha secretariat to not evict him from a Type-7 bungalow in Lutyens' Delhi, which is usually allotted to lawmakers who are former ministers, chief ministers or governors, till the pendency of his application and without following the due process of law.

10 Hit Sequels On OTT

10 Hit Sequels On OTT

Rediff.com4 Aug 2023

Ten sequels that either complemented the first or surpassed it.

What Are Sheriffs Doing At The Gabba?

What Are Sheriffs Doing At The Gabba?

Rediff.com1 Nov 2022

Beers in hand, the 'super troopers' were all smiles as Finch clobbered three sixes during his match-winning knock -- the Aussie now has the 3rd highest number of sixes in T20Is, a dizzying 125 sixes.

NGO sues BBC for Rs 10,000 cr over Modi documentary, Delhi HC issues notice

NGO sues BBC for Rs 10,000 cr over Modi documentary, Delhi HC issues notice

Rediff.com22 May 2023

An NGO claimed that its documentary cast a slur on the reputation of India, its judiciary and Prime Minister Narendra Modi.

Are Youngsters Giving Up On Marriage?

Are Youngsters Giving Up On Marriage?

Rediff.com6 Jun 2023

It is evident that the younger generation is increasingly choosing to postpone or completely forego the idea of getting married, observes Sybil Shiddell, country manager India, Gleeden, a discreet extra marital dating Web site.

''Madam, we want to salute you with flowers and cake'

''Madam, we want to salute you with flowers and cake'

Rediff.com11 Oct 2023

'Society deals with you the way they do, or forms an opinion, depending on if your family is with you every step of the way.'

Khalistani protestors attack Indian embassy, tricolour grabbed

Khalistani protestors attack Indian embassy, tricolour grabbed

Rediff.com20 Mar 2023

Officials from the mission said the "attempted but failed" attack had been foiled and that the tricolour was now flying "grander".

Does Adani group need Sebi nod to buy NDTV stake?

Does Adani group need Sebi nod to buy NDTV stake?

Rediff.com26 Aug 2022

Adani group on Friday rejected NDTV's assertion that Sebi approval is necessary to acquire interests in RRPR, saying the promoter entity is not a part of the regulator's order that restrained Prannoy and Radhika Roy from accessing the securities market. Terming the contentions raised by RRPR as "baseless, legally untenable and devoid of merit", Vishvapradhan Commercial Private Ltd (VCPL) said the holding firm is "bound to immediately perform its obligation and allot the equity shares" as specified in the Warrant Exercise Notice. In a regulatory update, Adani Enterprises Ltd said VCPL has received a reply on behalf of NDTV and RRPR over the Warrant Exercise Notice dated August 23, 2022.

Go First crisis pushes airfares higher, staff face uncertain times

Go First crisis pushes airfares higher, staff face uncertain times

Rediff.com2 Jun 2023

From a surge in airfares to rattled aircraft lessors to thousands of employees staring at uncertainty, it has been a month of continued turbulence since cash-strapped Go First suspended flights from May 3. As the government and other stakeholders hope that Go First restarts operations at the earliest, plans are being worked out for the budget airline's revival. A section of Go First staff are optimistic about restarting of operations, another section are pessimistic about the airline's future course considering what had happened to erstwhile Kingfisher Airlines and Jet Airways, according to employees who spoke to PTI.

Sebi slaps Rs 26-cr penalty on Coffee Day

Sebi slaps Rs 26-cr penalty on Coffee Day

Rediff.com25 Jan 2023

The Securities and Exchange Board of India (Sebi) on Tuesday imposed a penalty of Rs 26 crore on Coffee Day Enterprises (CDEL) for alleged violation of securities laws. The regulator also directed the company to initiate steps to recover dues of Rs 3,535 crore-the amount diverted from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates (MACEL). Affirming the violations of the Sebi (Prevention of Fraudulent and Unfair Trade Practices) Regulations and Sebi (Listing Obligations and Disclosure Requirements) Regulations, whole-time member Ashwani Bhatia said the listed company was being run like a personal fiefdom with no checks and balances in place.

'The expected credit loss model will not dent profits much'

'The expected credit loss model will not dent profits much'

Rediff.com3 Jul 2023

'We will test the waters, ferret out information through our business correspondents, and only then open a branch'

RBI found gaps in corporate governance at banks despite guidelines: Das

RBI found gaps in corporate governance at banks despite guidelines: Das

Rediff.com29 May 2023

The Reserve Bank has found gaps in banks' corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said on Monday. Addressing directors of bank boards, Das said such gaps, which have been mitigated, could have caused "some degree of volatility". He also hit out strongly against "smart accounting" to conceal stress and bloat financial performance.

DGCA slaps Rs 10L fine on AI over Paris-New Delhi flight incidents

DGCA slaps Rs 10L fine on AI over Paris-New Delhi flight incidents

Rediff.com24 Jan 2023

This is the second time in less than a week that the watchdog has taken enforcement action against the airline in connection with unruly passenger behaviour.

If we don't act in matters of personal liberty what are we here for?: SC

If we don't act in matters of personal liberty what are we here for?: SC

Rediff.com16 Dec 2022

Highlighting the importance of "personal liberty", the Supreme Court on Friday said it will be acting "in breach" of its special constitutional powers if it does not act in cases pertaining to the violation of the fundamental rights of the citizens of the country.

Adani Ports to prepay Rs 5,000-crore debt

Adani Ports to prepay Rs 5,000-crore debt

Rediff.com8 Feb 2023

A day after the promoters of Adani Group prepaid $1.1 billion loans, one of the group's listed entities - Adani Ports and Special Economic Zone (APSEZ) - announced that it would prepay loans of up to Rs 5,000 crore by next month-end so as to improve its financial metrics. The company is targeting an earnings before interest, tax, depreciation and amortisation (Ebitda) of around Rs 15,000 crore this financial year. This was revealed by Karan Adani, chief executive officer (CEO) and whole-time director of APSEZ, while announcing the September-December 2022 results.

'The basic lesson is not to trust China'

'The basic lesson is not to trust China'

Rediff.com19 Jun 2023

'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'

Om Puri: The Chronicler Of Cities On The Boil

Om Puri: The Chronicler Of Cities On The Boil

Rediff.com18 Oct 2023

'If it weren't for Om Puri, a whole range of our big city experiences wouldn't have found their honest representations on the screen.'