News for 'Bank of India and Bank of Maharashtra'

Hopes dashed, why India Inc fears Modi now

Hopes dashed, why India Inc fears Modi now

Rediff.com10 Apr 2018

'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.

Outgoing SC judge Justice Nazeer was part of several landmark verdicts

Outgoing SC judge Justice Nazeer was part of several landmark verdicts

Rediff.com4 Jan 2023

Justice Nazeer, along with then Chief Justice of India J S Khehar, was in minority in the 'triple talaq' judgement which was delivered in August 2017.

Ram Mandir Trust cheated of Rs 6 lakh through fake cheques

Ram Mandir Trust cheated of Rs 6 lakh through fake cheques

Rediff.com11 Sep 2020

A case has been registered at the Kotwali police station on a complaint filed by the Trust's secretary and Vishwa Hindu Parishad leader Champat Rai, a senior police official said.

Location of SEZs in India not strategic: WB

Location of SEZs in India not strategic: WB

Rediff.com16 Mar 2009

'A cursory glance at India's SEZs suggests they were not nearly as well located' as compared to China, it in its World Development Report 2009. It added that 'poor location is the main obstacle to success.' In 2007, SEZs were approved in the coastal states of Andhra Pradesh, Gujarat, Maharashtra and Tamil Nadu, as well as in the interior states of Haryana, Punjab and Rajasthan, the report said. 'Even in the coastal states, many SEZs are not along the coast,' it said.

'Congress has to sort out Shivakumar-Siddaramaiah tensions'

'Congress has to sort out Shivakumar-Siddaramaiah tensions'

Rediff.com16 May 2023

'The central BJP leaders were determined to push Hindutva hard, and it failed.'

Ask Ajit: 'Help! I have inherited these stocks...'

Ask Ajit: 'Help! I have inherited these stocks...'

Rediff.com23 Nov 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Andheri bypoll: BJP's Murji Patel, Uddhav Sena's Rutuja Latke file nominations

Andheri bypoll: BJP's Murji Patel, Uddhav Sena's Rutuja Latke file nominations

Rediff.com14 Oct 2022

It will be the first assembly byelection after the collapse of the Uddhav Thackeray-led government in Maharashtra in June, making it a litmus test of his faction's hold over the Sena's vote bank in Mumbai.

Will I-T exemption limit be raised? Wait and watch

Will I-T exemption limit be raised? Wait and watch

Rediff.com26 Sep 2019

'The government in the past has also increased (the limit) from Rs 2.5 lakh to Rs 5 lakh. In future, whenever the time arises, we will look into the matter.'

ED attaches Rs 2,800 cr assets of Rana Kapoor, Wadhawan brothers

ED attaches Rs 2,800 cr assets of Rana Kapoor, Wadhawan brothers

Rediff.com9 Jul 2020

Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present.

SC stays shifting of HDIL promoters from jail to home

SC stays shifting of HDIL promoters from jail to home

Rediff.com16 Jan 2020

A bench comprising Chief Justice S A Bobe and justices B R Gavai and Surya Kant took note of the submissions of solicitor general Tushar Mehta that the high court order, to the extent of allowing their release from prison, needed to be stayed.

'Mughals had nothing to do with Mughal Gardens at Rashtrapati Bhavan'

'Mughals had nothing to do with Mughal Gardens at Rashtrapati Bhavan'

Rediff.com3 Feb 2023

'William Mustoe, the director of horticulture during British rule, named the Presidential Palace garden after the Mughals.' 'He simply kept the name because it was made on the pattern of a Mughal garden.''He simply kept the name Mughal gardens because it was made on the pattern of Mughal garden.'

India needs 100 million new jobs by 2026: PwC

India needs 100 million new jobs by 2026: PwC

Rediff.com1 Nov 2018

Eighty per cent of the new employment requirements over the next decade would arise in the 10 states - Uttar Pradesh (UP), Madhya Pradesh, Chhattisgarh, Rajasthan, Jharkhand, Maharashtra, Odisha, West Bengal, Bihar and Assam - that account for 62 per cent of our population.

Jaitley promotes India as an investment hotspot

Jaitley promotes India as an investment hotspot

Rediff.com21 Jan 2015

Finance Minister Arun Jaitley who is in Davos to showcase India as an investment destination at the World Economic Forum (WEF), on Wednesday promised India has a "lot in the pipeline" for global investors even as he plans to take up with Switzerland the issue of black money stashed in banks there.

India may have LOST 10-12% of GDP growth FOREVER

India may have LOST 10-12% of GDP growth FOREVER

Rediff.com28 May 2021

India's likely medium-term potential growth will almost certainly be markedly lower than that experienced in pre-pandemic years, warns Shankar Acharya, former chief economic advisor to the Government of India.

PSBs may re-approach Sebi for relaxing promoter equity rule

PSBs may re-approach Sebi for relaxing promoter equity rule

Rediff.com14 May 2018

PSBs were required to bring down government shareholding to at least 75 per cent, to comply with the amended Securities Contract (Regulations) Rules by August 2017.

Ambitious new bankruptcy code may take years to clean up India's debt mess

Ambitious new bankruptcy code may take years to clean up India's debt mess

Rediff.com2 May 2016

Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors

Is it safe to invest in PSU stocks?

Is it safe to invest in PSU stocks?

Rediff.com21 May 2019

Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer

Many firsts as Justice Chandrachud completes 100 days as CJI

Many firsts as Justice Chandrachud completes 100 days as CJI

Rediff.com16 Feb 2023

Chief Justice of India (CJI) D Y Chandrachud's first 100 days in office saw the Supreme Court take a giant leap towards reforms, especially making courts more technology-friendly, and ensuring relatively fast judicial appointments including those of eight judges to the apex court.

BJP's RS tally falls from 95 to 92; Cong gains 2 seats

BJP's RS tally falls from 95 to 92; Cong gains 2 seats

Rediff.com11 Jun 2022

Both the BJP and the Congress have banked on new and young faces, some of whom have been nominated by the parties for the first time.

Rajan mantra to enhance India's risk-taking abilities

Rajan mantra to enhance India's risk-taking abilities

Rediff.com26 Apr 2016

'Access to finance is one of the most crucial needs in the economy.'

Is India becoming a failed State?

Is India becoming a failed State?

Rediff.com8 Jan 2021

'It is difficult to see how we will be able to get out of the hole that we have dug ourselves into and are digging deeper into,' notes Aakar Patel.

Ask Ajit: Stocks to BUY, HOLD or SELL

Ask Ajit: Stocks to BUY, HOLD or SELL

Rediff.com18 Aug 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

How Vaishali S Wooed Milan With Desi Weaves

How Vaishali S Wooed Milan With Desi Weaves

Rediff.com26 Sep 2022

Through her Ancestral Weaves collection she gave 'the wonderful Indian weavings a universal language' at Milan.

ASK AJIT: Are these stocks good to hold for one year?

ASK AJIT: Are these stocks good to hold for one year?

Rediff.com1 Sep 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Rediff.com12 Aug 2022

Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana.

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Rediff.com5 May 2023

The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.

'Listen to Raj saheb's May 1 speech'

'Listen to Raj saheb's May 1 speech'

Rediff.com26 Apr 2022

'We don't feel that the law and order situation will turn bad because of our agitation.'

When will EC ban loan waiver poll promises?

When will EC ban loan waiver poll promises?

Rediff.com18 Mar 2021

Every political party loves to use the bait of loan waiver to woo the electorate. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal Bandyopadhyay.

Cong, NCP work for their families, BJP-Sena for India: Shah

Cong, NCP work for their families, BJP-Sena for India: Shah

Rediff.com11 Oct 2019

"Maharashtra has got nothing to do with Kashmir? Soldiers from Buldhana sacrificed their lives for the protection of Kashmir. Opposition doesn't feel national issues are important," he said.

PFI, 8 other outfits banned under UAPA for 5 years for terror links

PFI, 8 other outfits banned under UAPA for 5 years for terror links

Rediff.com28 Sep 2022

The Centre has imposed a ban on the Popular Front of India (PFI) and several of its associates for their alleged terror activities.

Ladakh stand-off: Railways cancels Chinese contract

Ladakh stand-off: Railways cancels Chinese contract

Rediff.com19 Jun 2020

Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.

RBI may ease lending norms for MSMEs; fund to NBFCs still a sticking point

RBI may ease lending norms for MSMEs; fund to NBFCs still a sticking point

Rediff.com19 Nov 2018

RBI may also be open to injecting liquidity through open market purchases of bonds but is resisting relaxing capital buffers for banks.

LIC loses money in 18 out of 21 PSB shares

LIC loses money in 18 out of 21 PSB shares

Rediff.com9 Jul 2018

Insurer has also made fresh investments since December 2015 quarter when RBI told banks to recognise bad loans

Farmers gear up for Bharat bandh, draw more support

Farmers gear up for Bharat bandh, draw more support

Rediff.com8 Dec 2020

With almost all opposition parties too backing the 'Bharat bandh' and many announcing parallel protests in support of the farmers, the Centre has issued an advisory directing the states and Union Territories to tighten security and ensure peace is maintained.

Will new Maha govt sweeten the lives of sugarcane growers?

Will new Maha govt sweeten the lives of sugarcane growers?

Rediff.com28 Nov 2019

Maharashtra, the country's largest cane and sugar producer after Uttar Pradesh, had, over the past few years, weathered adverse market dynamics brought about by a domestic and global sugar glut, mounting arrears and muted exports.

Covid redux: India Inc switches back to SOS mode from wait-and-watch

Covid redux: India Inc switches back to SOS mode from wait-and-watch

Rediff.com14 Jan 2022

With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.

Sales of EVs fell 20% in FY'21 to 236,802 units

Sales of EVs fell 20% in FY'21 to 236,802 units

Rediff.com22 Apr 2021

Society of Manufacturers of Electric Vehicle (SMEV) on Thursday said sales of EVs in India fell 20 per cent in the financial year 2020-21 to 236,802 units. In 2019-20 sales of electric vehicles (EVs), including electric two-wheelers (E2W), electric three-wheelers (E3W) and electric four-wheelers (E4W), stood at 295,683 units. For FY21, the E2W segment sales declined by 6 per cent to 143,837 units, as compared to 152,000 units in FY20, SMEV said in a statement, adding that the FY21 E2W sales included 40,836 high-speed and 103,000 low-speed E2W. The E3W segment registered sales of 88,378 units as against 140,683 units sold in FY20.

Does Modi even care about India's worst human crisis?

Does Modi even care about India's worst human crisis?

Rediff.com19 May 2020

'Reports of hitherto 'atmanirbhar' breadwinners having to stand in line for a plastic bag of khichdi or, travelling thousands of kms with nothing but packets of biscuits, have not moved the prime minister,' observes Jyoti Punwani.

'BJP won't weaken AIADMK before 2024'

'BJP won't weaken AIADMK before 2024'

Rediff.com14 Jul 2022

'The BJP plans to win 10 (Lok Sabha) seats (in Tamil Nadu) and the alliance (with the AIADMK) 20 seats in 2024.'

ASK AJIT: 'Want to invest Rs 20 lakh in 10-12 stocks'

ASK AJIT: 'Want to invest Rs 20 lakh in 10-12 stocks'

Rediff.com25 Feb 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.