News for 'Andhra Bank'

Liquor scam: Jagan chaired meet, kickbacks laundered via staff, say police

Liquor scam: Jagan chaired meet, kickbacks laundered via staff, say police

Rediff.com12 Aug 2025

A chargesheet filed by Andhra Pradesh police alleges former Chief Minister YS Jagan Mohan Reddy chaired a meeting related to a new liquor policy under which outlets would be run by a government entity. The chargesheet details alleged kickbacks and money laundering.

VP election: Opposition MPs to practise with 'mock poll' on Monday

VP election: Opposition MPs to practise with 'mock poll' on Monday

Rediff.com7 Sep 2025

They said a 'mock poll' would be conducted in the Central Hall of the Samvidhan Sadan at around 2:30 PM on Monday after the briefing on the procedure to vote in the vice presidential polls.

Radhakrishnan vs Reddy: NDA holds edge in Tuesday's V-P poll

Radhakrishnan vs Reddy: NDA holds edge in Tuesday's V-P poll

Rediff.com8 Sep 2025

The stage is set for a direct contest between NDA nominee C P Radhakrishnan and joint opposition candidate B Sudershan Reddy for the vice-presidential election. The BJP-led alliance has a clear edge in the poll necessitated due to the sudden resignation of Jagdeep Dhankhar.

Electronics to chemicals: Govt identifies critical sectors to boost FDI

Electronics to chemicals: Govt identifies critical sectors to boost FDI

Rediff.com4 Aug 2025

The government has identified critical sectors, including electronics, chemicals, leather and footwear, and toys, where value chains can be strengthened to facilitate and drive foreign direct investment (FDI) into the country. Invest India, the investment promotion and facilitating agency under the Department for Promotion of Industry and Internal Trade (DPIIT), has been actively identifying key value chains to focus on.

Vice-Presidential election: Stage set for 'south versus south' battle

Vice-Presidential election: Stage set for 'south versus south' battle

Rediff.com22 Aug 2025

The stage is set for a direct contest between NDA nominee C P Radhakrishnan and joint opposition candidate B Sudershan Reddy for the September 9 vice-presidential election. Nominations have been scrutinized and accepted.

How Monsoon 2025 Turned Into A Nightmare

How Monsoon 2025 Turned Into A Nightmare

Rediff.com15 Sep 2025

IMD data shows in the 24 hours between September 1 and 2, Haryana received 806 per cent more rainfall than normal, Punjab 759 per cent, Himachal Pradesh 510 per cent, Delhi 740 per cent, Chandigarh a staggering 1,638 per cent, and Rajasthan 193 per cent.

Casual Gaming To Gain From RMG Ban

Casual Gaming To Gain From RMG Ban

Rediff.com22 Aug 2025

'There is responsibility to make great games that are played by audiences, that fill the gap from an entertainment perspective.'

Major stampede at religious events, other gatherings in India

Major stampede at religious events, other gatherings in India

Rediff.com27 Jul 2025

This is not the first time that a large number of people have died in stampedes at temples and other religious gatherings over the years in India.

Normal life remains unaffected during strike, violence in Bengal

Normal life remains unaffected during strike, violence in Bengal

Rediff.com10 Jul 2025

A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.

'Marathis Are Anxious About Survival'

'Marathis Are Anxious About Survival'

Rediff.com21 Jul 2025

'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.' 'This has created anxiety about survival and ownership over Mumbai and Maharashtra.'

'Naidu Will Not Waste Time Now'

'Naidu Will Not Waste Time Now'

Rediff.com3 May 2025

'Amaravati will be a game changer for Andhra Pradesh.'

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

Rediff.com4 Jul 2025

'There are tall personalities who have utilised Mumbai and Maharashtra for their career growth, but they never thought it is their responsibility to learn Marathi.'

Flash floods devastate Uttarkashi village; 4 killed, houses buried

Flash floods devastate Uttarkashi village; 4 killed, houses buried

Rediff.com5 Aug 2025

A cloudburst in the high altitude villages of Dharali in Uttarkashi district of Uttarakhand led to flash floods, causing damage to houses and sweeping away structures. Several people are feared buried under debris.

When A Vice President Resigned For The First Time

When A Vice President Resigned For The First Time

Rediff.com22 Jul 2025

Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

Chandrababu Naidu Logs Back In Andhra Pradesh

Chandrababu Naidu Logs Back In Andhra Pradesh

Rediff.com5 Jun 2024

Chandrababu Naidu's victory comes barely eight months after his political career seemingly crashed in September 2023 when the YSRCP government arrested him in an alleged corruption case.

50 people have been killed in stampedes this year

50 people have been killed in stampedes this year

Rediff.com4 Jun 2025

The Royal Challenger's Bengaluru parade in celebration of the team's maiden Indian Premiere League win in 18 years turned into tragedy as at least 11 fans died and several were injured in a stampede near the Chinnaswamy Stadium on Wednesday.

Is AIADMK Feeling Uncomfortable With BJP's Politics?

Is AIADMK Feeling Uncomfortable With BJP's Politics?

Rediff.com30 Jun 2025

While acknowledging that they needed strong allies for a chance in the assembly polls, AIADMK cadres seemingly prefer actor-politician Vijay's Tamilaga Vettri Kazhagam to the BJP, owing to the latter's 'communal agenda' and consequent hardline Hindutva image, explains N Sathiya Moorthy.

Andhra releases Nagarjunasagar water to Telangana amid rift among officials

Andhra releases Nagarjunasagar water to Telangana amid rift among officials

Rediff.com1 Dec 2023

According to the EIC, Telangana officials are allegedly not allowing Andhra Pradesh officials to even enter the dam to conduct inspections.

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.

Ambedkar's legacy sparks fierce political clash on his birth anniversary

Ambedkar's legacy sparks fierce political clash on his birth anniversary

Rediff.com15 Apr 2025

The birth anniversary of Dr Bhimrao Ramji Ambedkar, whose political influence has surged with the passage of time, on Monday was marked by bitter trading of charges between the ruling BJP and opposition parties as they fought for his legacy.

'Delimitation Is Not A South Versus North Issue'

'Delimitation Is Not A South Versus North Issue'

Rediff.com31 Mar 2025

'There will be no change of seats for Delhi, Assam and Maharashtra.' 'Andhra, J&K, Kerala, Punjab, Karnataka, Tamil Nadu, Odisha, West Bengal and Telangana will lose seats while there will be an increase for MP, UP, Bihar, Haryana, Gujarat and Chhattisgarh.' 'It is a big mistake if you make it a north-south issue.'

From Tesla to Mercedes, luxury carmakers head South

From Tesla to Mercedes, luxury carmakers head South

Rediff.com11 Mar 2025

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

A look at India's deadly stampedes in recent past

A look at India's deadly stampedes in recent past

Rediff.com16 Feb 2025

The recent stampede at New Delhi Railway station, which claimed the lives of at least 18 people, highlights a recurring issue in India: deadly stampedes. This tragedy is not an isolated incident, as numerous stampedes resulting in significant casualties have occurred over the years. This article explores some of the most devastating stampedes in India, including the deadly event at the Mahakumbh in Prayagraj just a few weeks ago, the 2024 tragedy at a 'satsang' in Hathras, and the 2013 stampede during Navratri festivities in Madhya Pradesh.

Ranji Trophy: Gujarat, Himachal in battle for quarter-final spot

Ranji Trophy: Gujarat, Himachal in battle for quarter-final spot

Rediff.com29 Jan 2025

Gujarat and Himachal Pradesh are set for a high-stakes clash as they battle for the final quarter-final spot from Elite Group B.

Maha Kumbh horror: A look at major stampedes in India

Maha Kumbh horror: A look at major stampedes in India

Rediff.com29 Jan 2025

Here is a list of some of such major tragedies that have taken place in the country in recent years.

Be Prepared! Heat Waves Coming!

Be Prepared! Heat Waves Coming!

Rediff.com1 Apr 2025

'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'

Cong tried to redirect SC/ST quota to Muslims: Modi rakes up Andhra in Raj

Cong tried to redirect SC/ST quota to Muslims: Modi rakes up Andhra in Raj

Rediff.com23 Apr 2024

He said the then prime minister Manmohan Singh had given a speech in which he had said Muslims have the first right to the country's resources.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

Women Voters: The Rising Power Transforming Politics

Women Voters: The Rising Power Transforming Politics

Rediff.com15 Jan 2025

'Women' as a political constituency appears to be an idea that has come of age. It is changing India in ways that we only dimly understand, asserts Aditi Phadnis.

What Centre Will Shell Out For AP, Bihar

What Centre Will Shell Out For AP, Bihar

Rediff.com5 Aug 2024

While Andhra Pradesh is expected to receive Rs 15,000 crore to Rs 20,000 crore, Bihar is likely to get Rs 5,000 crore to Rs 10,000 crore in FY25.

CBI files Rs 230-crore bank fraud case against Amrapali

CBI files Rs 230-crore bank fraud case against Amrapali

Rediff.com20 May 2022

The CBI has filed an FIR against Amrapali Leisure Valley Developers Pvt Ltd, its director Anil Sharma and others for allegedly cheating Bank of Maharashtra and Andhra Bank of over Rs 230 crore, officials said on Friday. The banks had sanctioned credit facilities to develop a housing building at the Tech Zone IV in Uttar Pradesh's Greater Noida on a plot measuring 1.06 lakh square metre, the FIR alleged. The company failed to maintain financial discipline following which the account was declared a non-performing asset on March 31, 2017, the complaint from Bank of Maharashtra, now part of the FIR, has alleged, adding that "it has resulted in the loss of over Rs 230.97 crore". Following the FIR, the CBI Thursday conducted searches at four locations in Delhi, Noida and Ghaziabad, they said.

States' borrowings at 60% of Dec target

States' borrowings at 60% of Dec target

Rediff.com20 Nov 2024

States are on track of fiscal consolidation with their total borrowings reaching Rs 5 trillion till October, which is 60 per cent of the projected borrowings of Rs 8.38 trillion till December 2024, according to data from official sources. Government officials said the lower-than-projected borrowings by states were a sign of prudent fiscal management by them. States announce their borrowing plans every quarter.

The Curious Case Of Andhra Pradesh Capitals

The Curious Case Of Andhra Pradesh Capitals

Rediff.com17 Feb 2023

The idea of three capitals has not been abandoned, even as the state lurches from financial crisis to crisis.

Key decisions taken at the 55th GST Council meet

Key decisions taken at the 55th GST Council meet

Rediff.com21 Dec 2024

The GST Council on Saturday postponed a decision on cutting tax rate on life and health insurance premiums, officials said. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided that some more technicalities needed to be ironed out and tasked the GoM for further deliberations.

3 Indian banks ink JV for Malaysian arm

3 Indian banks ink JV for Malaysian arm

Rediff.com5 Jun 2009

The subsidiary will become operational by the end of the second quarter and cater to Indian corporates and expatriates in Malaysia. In the joint venture, BOB will hold 40 per cent stake, IOB 35 per cent, while Andhra Bank will hold the rest 25 per cent. Initial investment is pegged at Rs 405 crore (Rs 4.5 billion).

Shinsei Bank to float AMC in India

Shinsei Bank to float AMC in India

Rediff.com19 Dec 2006

The Tokyo-based Shinsei Bank is all set to foray into the Indian mutual fund business by forming a joint venture asset management company with Andhra Bank.

Tomato price volatility exposes gaps in India's agriculture supply chain

Tomato price volatility exposes gaps in India's agriculture supply chain

Rediff.com26 Oct 2024

Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.

What You Can Now Expect Every Election

What You Can Now Expect Every Election

Rediff.com6 Dec 2024

A freebie once granted can hardly be discontinued. All that can happen is to substitute it with a bigger freebie, notes A K Bhattacharya.