Satyajit Ray would have been a hundred years old on May 2. To mark the legendary film-maker's birth centenary, Rediff.com bring you a treasure trove of features from our archives.
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
Unlike the first two stimulus packages, this time the focus would be on boosting demand.
'It's not the destination, but the journey that keeps you hooked in Rules of the Game,' observes Joginder Tuteja.
UK's Cairn Energy Plc has offered to forego $500 million and invest that amount in any oil and gas or renewable energy project identified by the Indian government if New Delhi agrees to honour an international arbitration award and returns the value of loss it incurred because of being taxed retrospectively, sources said. The Scottish firm invested in the oil and gas sector in India in 1994 and a decade later it made a huge oil discovery in Rajasthan. In 2006-07, it listed its Indian assets on the BSE. Five years after that the government passed a retroactive tax law and billed Cairn Rs 10,247 crore plus interest and penalty for the reorganisation tied to the flotation.
'For those who like romance in their music, I suggest they search for this song.'
69-year-old Milon Sanyal writes about the books his Baba gifted him.
The report on 'Household Social Consumption: Education in India as part of 75th round of National Sample Survey -- from July 2017 to June 2018' provides for state-wise detail of literacy rate among the persons aged seven years and above.
What really transpired at Friday's press conference where the BJP declared NaMo as its Pradhan Mantri-to-be? Shubir Rishi and Rajorshi Sanyal give you the inside story. DISCLAIMER: Satire Ahead.
British oil firm Cairn Energy Plc on Tuesday said it has identified Indian sovereign assets overseas, which it can seize in the event of New Delhi failing to return over USD 1.7 billion that an international arbitration tribunal has ordered after rescinding a retrospective tax demand.
A look at the star arrivals!
Saswat Chakraborti, head of G S Sanyal School of Telecommunications at IIT-KGP says: "We offered three short-term courses so far in 2007, and would introduce one more this December. We are planning several new courses targeted at B-tech graduates, industry professionals, as well as teachers from engineering institutes."
Meera Sanyal, Country Executive, ABN Amro Bank, revealed the bank's merger plans with Royal Bank of Scotland. Dutch Central Bank has approved of the merger and a country-by-country approval is being sought. As part of the deal, RBS will acquire the banking business in India and Fortis will buy the asset management company. Neither have a presence in India. ABN Amro is negotiating with RBI too on this issue. The bank will continue to operate through 28 branches in 21 cities.
Union Minister of State for IT and Communications Milind Deora will be taking on Shiv Sena, Maharashtra Navnirman Sena and Aam Aadmi Party candidates as he tries to win the South Mumbai seat for the third time in the forthcoming Lok Sabha elections.
Odisha had 9,940 villages without mobile services, while 6,117 villages in Maharashtra and 5,558 villages in Madhya Pradesh did not have mobile services, the data showed.
Here's a super fun way to while away your time!
UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.
Maradona was worshipped like a god for his genius with the ball.
As the Centre deals with the fallout of cash shortage in certain parts of the country, Principal Economic Advisor in the finance ministry, Sanjeev Sanyal, bottom, left, tells Arup Roychoudhury that the demand for cash has seen a spike of late.
After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.
If Netflix and the film's producers thought they would bring younger audiences to the master's works, many who might have aversion to decades-old black and white films, they have failed with the experiment, says Aseem Chhabra.
'Films like Arth don't happen again and again. They come once in a lifetime. I was lucky to make it, and I couldn't have done it without Smita and Shabana.'
Amidst rise in cases of crime against women, Uttar Pradesh Chief Minister Akhilesh Yadav on Tuesday directed that martial arts training for girls should be introduced in schools and colleges so that they can learn self-defence.
Rediff reader Milon Kumar Sanyal, 72 from Kolkata tells us what he did with his first salary.
The next government should view Indian Railways as a strategic tool, not legacy problem.
After talks between the King and President Kovind, the two sides inked three pacts providing for cooperation in polar science, innovation and research and in maritime spheres.
Indian cities need a new intellectual underpinning.
Varanasi has a management problem, not an urban design problem.
If Maria Sharapova doesn't know who is Sachin Tendulkar, it's but OBVIO that she thinks cricket is a chirping insect outside her window. But that doesn't mean she can't learn. We suggest a few ways our Team India studs can introduce themselves to the iconic tennis star. Here we go:
If Maria Sharapova doesn't know who is Sachin Tendulkar, it's but OBVIO that she thinks cricket is a chirping insect outside her window. But that doesn't mean she can't learn. We suggest a few ways our Team India studs can introduce themselves to the iconic tennis star. Here we go:
Here's what your favourite Bollywood celebrities are tweeting.
Software employees can opt for company-run programmes, online courses, boot camps to upgrade skills.
Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc - a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn Energy had moved courts in nine countries to enforce its $1.4 billion arbitral award against India, which the company won after a dispute with the country's revenue authority over a retroactively applied capital gains tax. Of these, the December 21 award from a three-member tribunal at the Permanent Court of Arbitration in the Netherlands has been recognised and confirmed by courts in the US, the UK, Netherlands, Canada and France, three people with knowledge of the matter said.
'The thing I love most about India is the people. The people of our country have very big hearts and very broad shoulders. They are very hard working, very entrepreneurial and very generous of spirit, says banker-turned-politician Meera Sanyal in Rediff.com's special series where well-known Indians speak about the India they love.
By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room to fall by a total of 75 bps in the current financial year, starting with 25 bps in the August 7 policy.
A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded.
A survey of CEOs shows corporate India is unsure about the party's ideology, with some feeling its left-of-the-centre politics can be detrimental in the long run.
Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.
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