News for 'Annual Information Statement'

Border row: Amit Shah to meet Maharashtra, Karnataka CMs next week

Border row: Amit Shah to meet Maharashtra, Karnataka CMs next week

Rediff.com10 Dec 2022

Karnataka Chief Minister Basavaraj Bommai on Saturday said he has given details about the state's stand and facts regarding the raging border dispute with Maharashtra to Union Home Minister Amit Shah, who is likely to call a meeting of chief ministers of both states next week.

Logjam persists in Parliament amid ruckus over Manipur

Logjam persists in Parliament amid ruckus over Manipur

Rediff.com31 Jul 2023

Parliament proceedings were adjourned for the day on Monday following protests by the opposition which has been demanding a statement from Prime Minister Narendra Modi in the House on the Manipur issue. In the Rajya Sabha, the opposition kept insisting on a discussion under Rule 267 of the House.

Trivandrum airport to halt flights for 'God's passage'

Trivandrum airport to halt flights for 'God's passage'

Rediff.com1 Nov 2022

The airport has been stopping operations and rescheduling flights twice in every year for decades to enable the bi-annual centuries-old ceremonial procession of the famous Padmanabhaswamy temple in Thiruvananthapuram to pass through the runway.

ITR filing: All you MUST know about the new 26AS form

ITR filing: All you MUST know about the new 26AS form

Rediff.com22 Jul 2020

While it is not clear whether the new form will be applicable from this year, some chartered accountants say that things can go both ways. The new deadline for filing ITR is November 30.

India, US begin Yudh Abhyas mega military drill in Uttarakhand

India, US begin Yudh Abhyas mega military drill in Uttarakhand

Rediff.com15 Nov 2022

The armies of India and the US on Tuesday began an over two-week mega military exercise at a military facility in Uttarakhand with the aim of exchanging best practices and tactics in sync with growing defence ties between the two countries.

How to Ask for a Promotion: 7 Tips

How to Ask for a Promotion: 7 Tips

Rediff.com2 Mar 2023

Just be transparent about what you have been doing in the past year and support your statements with the growth numbers because that's what managers are interested in, advises Varun Sachdeva.

India gets details of hundreds of Swiss bank accounts in 4th tranche

India gets details of hundreds of Swiss bank accounts in 4th tranche

Rediff.com10 Oct 2022

India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual automatic information exchange under which Switzerland has shared particulars of nearly 34 lakh financial accounts with 101 countries.

Singapore startup Zilingo sacks CEO Ankiti Bose after forensic audit

Singapore startup Zilingo sacks CEO Ankiti Bose after forensic audit

Rediff.com20 May 2022

Singapore-based fashion technology startup Zilingo on Friday said it has sacked Indian-origin co-founder and CEO Ankiti Bose following an independent forensic audit into complaints of serious financial irregularities. On March 31, Bose was placed under suspension following complaints of alleged discrepancies in the company accounts. "Following an investigation led by an independent forensics firm that was commissioned to look into complaints of serious financial irregularities, the company has decided to terminate Ankiti Bose's employment with cause, and reserves the right to pursue appropriate legal action," Zilingo said in a statement.

Israel-Hamas Conflict: India's IT Companies On Edge

Israel-Hamas Conflict: India's IT Companies On Edge

Rediff.com18 Oct 2023

'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'

GACs to have wider scope, will hear all types of grievance appeals

GACs to have wider scope, will hear all types of grievance appeals

Rediff.com9 Jan 2023

MeitY had stated there was a need to set up GACs as grievance officers hired by the platforms often did not address issues satisfactorily.

Delhi budget put on hold over allocation row; Centre, AAP trade charges

Delhi budget put on hold over allocation row; Centre, AAP trade charges

Rediff.com21 Mar 2023

Sources in the Delhi government said the ministry of home affairs has stopped the Kejriwal government's budget and it will not be tabled in the assembly on Tuesday.

I-T dept identifies over 2 million potential non-filers

I-T dept identifies over 2 million potential non-filers

Rediff.com24 Feb 2014

After sending notices to 1.21 million Permanent Account Number (PAN) cardholders who had not filed their income tax (I-T) returns, the I-T department has now identified another 2.17 million potential non-filers. It had already sent letters to 50,000 potential non-filers in the first batch.

'Huge demand for life insurance products in India'

'Huge demand for life insurance products in India'

Rediff.com1 Jan 2024

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'

EC delists 86 more fictitious political parties, total number at 357

EC delists 86 more fictitious political parties, total number at 357

Rediff.com13 Sep 2022

The Election Commission on Tuesday ordered the delisting of another 86 'non-existent' registered unrecognised political parties, raising the number of such organisations red flagged by the poll panel for failing to comply with electoral rules to 537.

China confirms disengagement from Gogra-Hotsprings

China confirms disengagement from Gogra-Hotsprings

Rediff.com9 Sep 2022

The Chinese military on Friday confirmed that the troops of China and India have begun the process of disengagement from the Patrolling Point 15 in the Gogra-Hotsprings area of eastern Ladakh in a 'coordinated and planned way'.

4.7 mn Covid deaths in India, says WHO; govt objects

4.7 mn Covid deaths in India, says WHO; govt objects

Rediff.com5 May 2022

India has been consistently objecting to the methodology adopted by the WHO to project excess mortality estimates based on mathematical models, the Union Health Ministry said in a statement.

Wipro, not TCS or Infy, to kickstart Q4 results season

Wipro, not TCS or Infy, to kickstart Q4 results season

Rediff.com12 Apr 2020

While Wipro will announce its fourth quarter (Q4) results along with annual financial statements on April 15, market leader TCS will hold its board meet the next day (April 16) for approval of its financial statements. Infosys is yet to inform investors the date it will announce its Q4 earnings.

FDI inflow hits all-time high of $83.57 bn in 2021-22

FDI inflow hits all-time high of $83.57 bn in 2021-22

Rediff.com20 May 2022

Total foreign direct investment into India rose 2 per cent to the "highest ever" $83.57 billion in 2021-22 on account of various measures like policy reforms and ease of doing business taken by the government, the commerce and industry ministry said on Friday. Total FDI comprises equity inflows, reinvested earnings and other capital. In 2020-21, the inflow stood at $81.97 billion. It was $74.39 billion in 2019-20 and $62 billion in 2018-19. "India has recorded the highest ever annual FDI inflow of $83.57 billion in 2021-22," the ministry noted in a statement.

Modi, Biden among over 100 leaders to address UNGA in person

Modi, Biden among over 100 leaders to address UNGA in person

Rediff.com14 Sep 2021

Modi will address world leaders from the iconic United Nations General Assembly hall on the morning of September 25, a day after he participates in the Quad Leaders' Summit in Washington, DC hosted by Biden on September 24.

Amid Covid spurt, China to reopen for foreign travellers from Jan 8

Amid Covid spurt, China to reopen for foreign travellers from Jan 8

Rediff.com28 Dec 2022

Days after it faced nationwide anti-government protests against its stringent zero-Covid policy, China in a major shift of its coronavirus response policies has announced that it will scrap quarantine for international travellers from January 8 as it reopens its borders and comes out of international isolation after nearly three years.

India, A Miracle And A Wonder

India, A Miracle And A Wonder

Rediff.com16 Aug 2023

'There are many things we need to work on.' 'At the heart of it is, one, the extent of inequality, which is not good for democracy and nation; two, a structural decline on how a country ought to function, how people should be held accountable, whose role is what.'

RBI initiates insolvency proceedings against Reliance Capital

RBI initiates insolvency proceedings against Reliance Capital

Rediff.com2 Dec 2021

The RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai bench of the National Company Law Tribunal. The Reserve Bank had on November 29 superseded the board of Anil Ambani-promoted Reliance Capital Ltd (RCL) in view of payment defaults and serious governance issues. The central bank had also appointed Nageswar Rao Y (former executive director, Bank of Maharashtra) as the administrator of the company.

RBI supersedes board of Reliance Capital; appoints administrator

RBI supersedes board of Reliance Capital; appoints administrator

Rediff.com29 Nov 2021

The RBI said the board has been superseded "in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively". It has also appointed Nageswar Rao Y (ex-executive director, Bank of Maharashtra) as the administrator of the NBFC.

Kanwar Yatra cancelled in UP after SC intervention

Kanwar Yatra cancelled in UP after SC intervention

Rediff.com18 Jul 2021

The yatra goes on till the first week of August and sees thousands of Shiva devotees called kanwariyas' travelling mostly on foot from neighbouring states, including Uttar Pradesh, Haryana and Delhi to collect water from the Ganges in Haridwar.

Explained: Why Wikipedia often appeals for funds

Explained: Why Wikipedia often appeals for funds

Rediff.com4 Jul 2022

This was not the first time "Wiki" - a widely used, free resource - was appealing for funds. Finally, reports indicated that Google had agreed to pay for Wikipedia content.

India's tax pie gets altered because of pandemic

India's tax pie gets altered because of pandemic

Rediff.com4 Jan 2021

India's tax pie seems to have undergone a subtle change with a sharp drop in direct tax collections resulting from a disproportionate impact of the COVID-19 carnage on incomes. The share of indirect taxes, which mainly comprise of levy on goods and services as well as import duty, has risen while that of direct taxes - made up of corporate and personal income tax - has gone down in 2020. In an interview with PTI, finance secretary Ajay Bhushan Pandey said in a pandemic like this where the economy has been impacted, any large scale changes impact direct taxes more severely, whereas indirect tax collection is mostly proportional to business turnover and compliance.

Kolkata's Durga Puja gets Unesco's heritage tag, Bengal ecstatic

Kolkata's Durga Puja gets Unesco's heritage tag, Bengal ecstatic

Rediff.com15 Dec 2021

Unesco on Wednesday accorded heritage status to Kolkata's Durga puja festival, bringing glory to the country, with Prime Minister Narendra Modi and Chief Minister Mamata Banerjee lauding the move.

Want To Know What A CEO/MD Earns?

Want To Know What A CEO/MD Earns?

Rediff.com28 Dec 2022

The average top executive monthly compensation is Rs 1 crore. The median employee salary is now Rs 820,000.

Modi to visit Germany, UAE from June 26-28

Modi to visit Germany, UAE from June 26-28

Rediff.com22 Jun 2022

Modi is attending the G7 summit following an invitation by German Chancellor Olaf Scholz.

RBI appoints 3-member team to run Lakshmi Vilas Bank

RBI appoints 3-member team to run Lakshmi Vilas Bank

Rediff.com28 Sep 2020

The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank.

NEET, Vishwakarma Scheme, And Tamil Angst

NEET, Vishwakarma Scheme, And Tamil Angst

Rediff.com28 Sep 2023

Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.

India, China to end 2-yr standoff in key Ladakh area by Monday

India, China to end 2-yr standoff in key Ladakh area by Monday

Rediff.com9 Sep 2022

India and China will complete the disengagement process in the Gogra-Hotsprings area in eastern Ladakh by September 12, the External Affairs Ministry said on Friday.

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Rediff.com17 Jun 2022

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.

How the new Companies Act will affect Tata Sons, Bharti Telecom

How the new Companies Act will affect Tata Sons, Bharti Telecom

Rediff.com22 Feb 2021

Companies such as Tata Sons and Bharti Telecom, which are unlisted but have listed subsidiaries, may soon have to file periodic financial statements with the registrar of companies under the new provision of the Companies Act. The provision requires greater financial disclosures by a certain category of unlisted companies.

ABG's auditor failed to red-flag fund diversion

ABG's auditor failed to red-flag fund diversion

Rediff.com1 Mar 2022

The auditor of ABG Shipyard, which is being probed by the Central Bureau of Investigation (CBI) for the Rs 23,000-crore default to banks, had settled an investigation by the Securities and Exchange Board of India (Sebi) by paying a small settlement fee in 2019. The regulator had initiated an investigation into the fund diversion from ABG Shipyard and had asked the auditor to explain why it failed to detect fund diversion in time. In his settlement application, auditor MN Ahmed, partner of Nisar & Kumar, a chartered accountant firm, said he ceased to be an Indian citizen and has retired from the profession.

Investors pushing back more on top executive pay hikes

Investors pushing back more on top executive pay hikes

Rediff.com28 Jul 2022

Investors are pushing back more often against companies' resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm Institutional Investor Advisory Services India (IiAS). Two of these have been at multiplex chain PVR and direct-to-home company Dish TV India.

ICC dedicating two-and-a-half month IPL window?

ICC dedicating two-and-a-half month IPL window?

Rediff.com16 Jul 2022

Pakistan wants ICC to regulate growth of T20 leagues

Tax department to send notices to 5.8 million

Tax department to send notices to 5.8 million

Rediff.com31 Mar 2016

This is part of a strategy to mop up as much revenue as possible in the current financial year.

India, Pakistan exchange list of nuclear installations

India, Pakistan exchange list of nuclear installations

Rediff.com1 Jan 2021

The exchange was made in accordance with Article-II of the Agreement on Prohibition of Attacks against Nuclear Installations and Facilities between Pakistan and India, signed on December 31, 1988, the Foreign Office (FO) said in a statement in Islamabad.

Budwiser's EPIC response to Qatar beer ban

Budwiser's EPIC response to Qatar beer ban

Rediff.com21 Nov 2022

Budweiser World Cup campaign curbed, not crashed, by Qatar beer ban