News for 'All India Bank Officers Association'

Without govt's help, 25% retailers may have to down shutters

Without govt's help, 25% retailers may have to down shutters

Rediff.com8 Apr 2020

The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.

Shapoorji Pallonji may bag UK's largest theme park deal

Shapoorji Pallonji may bag UK's largest theme park deal

Rediff.com6 Jul 2020

Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.

On court's directive, Shetty appointed observer for one-off Test

On court's directive, Shetty appointed observer for one-off Test

Rediff.com7 Feb 2017

On the directive of the Hyderabad High Court, the BCCI, on Tuesday, appointed Ratnakar Shetty as observer for the one-off Test match between India and Bangladesh, scheduled to be held in Hyderabad from Thursday.

Nirav Modi's Taiwan, Surat, Hong Kong and Dubai connections

Nirav Modi's Taiwan, Surat, Hong Kong and Dubai connections

Rediff.com20 Feb 2018

Documents accessed by Business Standard show owners of suspected Hong Kong-based shell companies are spread across the globe.

Tech majors seek more time to implement RBI's data onshoring order

Tech majors seek more time to implement RBI's data onshoring order

Rediff.com21 Apr 2018

Many of India's fintech entities and banks have stored all their customer data in India; however, many do use foreign servers, for operations, providing services and for data analytics.

HSBC gets summons from Indian Tax Dept; fears significant fines

HSBC gets summons from Indian Tax Dept; fears significant fines

Rediff.com23 Feb 2015

Names of 100,000 a/c holders in HSBC's Swiss unit recently became public.

AP: Employees call off stir; power stations resume operation

AP: Employees call off stir; power stations resume operation

Rediff.com11 Oct 2013

Two thermal power stations at Vijayawada and Kadapa went into steam on Friday as power employees in coastal Andhra and Rayalaseema regions of Andhra Pradesh resumed work after calling off their indefinite strike "temporarily" in view of cyclonic storm Phailan.

Why privatising PSBs is not feasible

Why privatising PSBs is not feasible

Rediff.com28 Apr 2018

India has a long way to go before it develops a culture of professional boards accountable to institutional investors. There is, therefore, no realistic alternative to reforming and strengthening PSBs under government ownership, says T T Ram Mohan.

Terror funding: India freezes assets of 37 entities, blocks Rs 2.12 crore

Terror funding: India freezes assets of 37 entities, blocks Rs 2.12 crore

Rediff.com19 Nov 2015

In related findings for India, the FATF in a report brought out last month, chronicled the use of banking channels to fund the activities of the banned terror group Hizb-ul-Mujahideen.

Borrowing money from lending apps? Read this!

Borrowing money from lending apps? Read this!

Rediff.com11 Jan 2021

'Remember, if an app breaks the rules while giving you money, it will also break them while collecting.'

Will auto sales pick up this festive season? Dealers are skeptical

Will auto sales pick up this festive season? Dealers are skeptical

Rediff.com4 Sep 2019

The muted expectation of dealers come at a time when vehicle manufacturers such as Maruti Suzuki, Hyundai Motor, Mahindra & Mahindra and others reported a double-digit fall in wholesale dispatches to dealerships in July and August.

Enforcement Directorate questions BCCI vice-president TC Mathew

Enforcement Directorate questions BCCI vice-president TC Mathew

Rediff.com16 Apr 2015

Enforcement Directorate officials, on Thursday, questioned Kerala Cricket Association (KCA) president and BCCI vice-president T C Mathew on the foreign exchange transactions involving KCA and a London-based architect firm.

'Today, even the RBI is under political pressure'

'Today, even the RBI is under political pressure'

Rediff.com3 Aug 2017

'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'

Furious India hits back, strips US diplomats of privileges

Furious India hits back, strips US diplomats of privileges

Rediff.com17 Dec 2013

In a strong retaliation, India on Tuesday initiated a slew of steps to strip US diplomats and their families of privileges including withdrawing all airport passes and stopping import clearances for the US embassy, terming as "barbaric" the arrest and strip searching of India's Deputy Consul General in New York Devyani Khobragade.

The day K P Singh wanted to sell DLF for 26 lakh

The day K P Singh wanted to sell DLF for 26 lakh

Rediff.com26 Jun 2020

Persuaded not to sell that day in January 1975, DLF today has assets of over Rs 52,237 crore and a net worth of around Rs 40,000 crore.

'BJP has to keep people intoxicated with hate'

'BJP has to keep people intoxicated with hate'

Rediff.com29 Apr 2022

'Just keep telling people that we have fixed the Muslims, and they will not be bothered about their empty stomachs or empty wallets.'

How fast is India growing?

How fast is India growing?

Rediff.com9 Apr 2015

The estimates of national income and growth do not pass the 'smell test'.

Ad lines blur as political leaders turn quasi brand ambassadors

Ad lines blur as political leaders turn quasi brand ambassadors

Rediff.com15 Sep 2016

The Prime Minister and and President gracing ads for Reliance Jio and Bandhan Bank have put the spotlight on this trend.

Another stimulus package in pipeline, says finance secretary

Another stimulus package in pipeline, says finance secretary

Rediff.com2 Nov 2020

Finance secretary Ajay Bhushan Pandey on Sunday hinted that the government was working on another stimulus package but he refrained from giving a timeframe.

Modi blames Congress's 'phone-a-loan scheme' for NPA crisis

Modi blames Congress's 'phone-a-loan scheme' for NPA crisis

Rediff.com1 Sep 2018

He said while the previous UPA government hid the bad loans, his government has properly recognised them and brought tough laws to deal with defaults and recovery money.

Check rumours on shortage of essentials: MHA to states

Check rumours on shortage of essentials: MHA to states

Rediff.com25 Mar 2020

In a communication to chief secretaries and director generals of police of all states, the ministry asked them to take action to allay apprehensions and maintain peace and tranquillity, and inform people about the availability of food, medicine and other essential commodities.

India begins lockdown 3.0; more cars, people on the roads

India begins lockdown 3.0; more cars, people on the roads

Rediff.com4 May 2020

Massive crowds thronged liquor stores, more vehicles plied on roads and cab-hailing platforms resumed services as India entered the third phase of the lockdown on Monday with further easing of curbs except in containment zones in the shadow of the highest rate of recovery yet from coronavirus.

Decade on, Jaypee Infratech customers still waiting for a home

Decade on, Jaypee Infratech customers still waiting for a home

Rediff.com14 Apr 2021

Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.

Govt cancels registration of 4,470 NGOs in fresh crackdown

Govt cancels registration of 4,470 NGOs in fresh crackdown

Rediff.com9 Jun 2015

The fresh round of cancellation process of the 4,470 NGOs started on May 6.

MFIs' collections rebound in a big way, but delinquencies may surge

MFIs' collections rebound in a big way, but delinquencies may surge

Rediff.com8 Sep 2020

A vast majority of borrowers are in the essential services' supply chain with tiny and micro businesses, and this has sprung back.

2016: The year Hollywood gave Bollywood a scare

2016: The year Hollywood gave Bollywood a scare

Rediff.com16 Dec 2016

Movies like Jungle Book, Conjuring 2 helped Hollywood capture its biggest share of the Indian box office this year. Can Bollywood keep up? Urvi Malvania reports.

The secret behind Xiaomi's success in India

The secret behind Xiaomi's success in India

Rediff.com18 Dec 2017

The Chinese smartphone maker's focus on offline retail has helped it overtake Samsung in top 50 cities in India.

All you want to know about G-Secs

All you want to know about G-Secs

Rediff.com19 Feb 2021

There are, however, a few aspects to factor in before considering G-Secs as an investment option, advises Bindisha Sarang.

The murky trail of Rana Kapoor's firm DOIT

The murky trail of Rana Kapoor's firm DOIT

Rediff.com24 Mar 2020

DOIT is a 100 per cent subsidiary of Morgan Credits in which Rana Kapoor's daughters Radha, Roshini and Raakhe, are directors. In 2018-19, the company incurred a net loss of Rs 48.76 crore on revenues of Rs 59 crore - a sharp contrast to 2017-18 when it had profits of Rs 2.7 crore on revenues of Rs 43 crore. To fund these aggressive investments into its subsidiaries in 2018-19, DOIT used debt which doubled to Rs 600 crore in 2018-19 from the previous year.

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Rediff.com7 Jun 2019

'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'

How Maha govt plans to probe cyber crimes fast

How Maha govt plans to probe cyber crimes fast

Rediff.com31 Mar 2015

A specialised force with 1,000 personnel to be formed in the state for the same.

How insurance brokers losing the game to technology

How insurance brokers losing the game to technology

Rediff.com7 Oct 2019

The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products.

Real Estate biz helps Asian Shooting champ dream big

Real Estate biz helps Asian Shooting champ dream big

Rediff.com8 Jul 2020

Sheikh, who is very optimistic of the industry sailing though this tough phase, thanked Mohit Arora, the owner of Supertech, who has been sponsoring him since 2017.

India Inc likely to go on a hiring spree in 2018

India Inc likely to go on a hiring spree in 2018

Rediff.com8 Jan 2018

With the negative impact of demonetisation waning and the implementation of the GST, 80% of the CEOs surveyed said they were planning to hire more people in 2018

Corporate India gets jittery over black money Bill

Corporate India gets jittery over black money Bill

Rediff.com2 Apr 2015

Companies were consulting law firms and consultants to understand the Bill.

Modi's OBOR counter: Asia-Africa growth corridor, backed by Japan

Modi's OBOR counter: Asia-Africa growth corridor, backed by Japan

Rediff.com23 May 2017

'During my visit to Japan and after meeting with Prime Minister (Shinzo) Abe, I gladly recall that in our joint declaration we mentioned Asia-Africa growth corridor and proposed further conversation with our brothers and sisters of Africa,' Prime Minister Modi said.

'Jobs are not a problem in India'

'Jobs are not a problem in India'

Rediff.com7 Jul 2017

'If we chose to do the right things, it is possible to avoid job losses at a mass scale,' ABB MD Sanjeev Sharma tells Raghu Krishnan.

Foreign operations set to get a leg up at SBI

Foreign operations set to get a leg up at SBI

Rediff.com8 Apr 2011

One of the MDs, R Sridharan, is focusing on associates and subsidiaries. Another managing director, S K Bhattacharyya, who retired in October, 2010, was the chief credit risk officer.

Akanksha Balmuchu Wants To Fight Climate Change

Akanksha Balmuchu Wants To Fight Climate Change

Rediff.com5 Oct 2021

Akanksha Mary Balmuchu from Jharkhand's Ho tribe is starting a Master's programme in climate change in the UK. When she walks into campus, she fulfils not only her dream, but that of her grandmother.

Why retailers are angry with the government

Why retailers are angry with the government

Rediff.com11 Dec 2017

While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.