News for 'Bid Committee'

Why Is The Congress Afraid?

Why Is The Congress Afraid?

Rediff.com22 May 2023

Why weren't the chief ministers of Andhra Pradesh, Goa, Kerala, Maharashtra and Telangana -- all of which have borders with Karnataka -- not invited to Saturday's swearing-in ceremony, asks Shyam G Menon.

Patanjali moves NCLT against Ruchi Soya lenders

Patanjali moves NCLT against Ruchi Soya lenders

Rediff.com24 Aug 2018

Adani Wilmar's bid was approved by the committee of creditors of the bankruptcy-bound Ruchi Soya with about 96% votes in favour

Cricket excluded from provisional list of '28 LA Games

Cricket excluded from provisional list of '28 LA Games

Rediff.com10 Dec 2021

Boxing and weightlifting federations were given 18 months time to set their house in order to be considered for the 2028 Games.

Oppn mounts attack on govt, Uddhav Sena skips meet over Rahul's Savarkar jibe

Oppn mounts attack on govt, Uddhav Sena skips meet over Rahul's Savarkar jibe

Rediff.com28 Mar 2023

Parliament proceedings were adjourned amid ruckus and sloganeering by the Opposition members over the Adani issue.

Oaktree emerges highest bidder for debt-ridden DHFL

Oaktree emerges highest bidder for debt-ridden DHFL

Rediff.com14 Dec 2020

US-based Oaktree on Monday pipped Piramal Enterprises and Adani Group to emerge as the highest bidder for DHFL after fresh bids were invited under the insolvency process, according to sources. The committee of creditors had fixed December 14 as the last for submission of revised bids. According to the sources, Oaktree raised the bid to Rs 36,646 crore, including Rs 1,000 crore for insurance and Rs 3,000 crore of interest earned, while Piramal Enterprises offered Rs 35,550 crore, including Rs 300 for insurance and Rs 3,000 of interest earned.

In 100 days, Shinde govt reverses Uddhav's half dozen decisions

In 100 days, Shinde govt reverses Uddhav's half dozen decisions

Rediff.com23 Oct 2022

Notably, after coming to power in November 2019, the then MVA government scrapped certain policy decisions of its predecessor BJP-Shiv Sena government led by Fadnavis.

Australia's Brisbane named host of 2032 summer Games

Australia's Brisbane named host of 2032 summer Games

Rediff.com21 Jul 2021

Brisbane becomes the third Australian city to get the Games after Melbourne in 1956 and Sydney in 2000.

No plan to bring back repealed farm laws: Tomar

No plan to bring back repealed farm laws: Tomar

Rediff.com26 Dec 2021

Union agriculture minister Narendra Singh Tomar on Sunday clarified that the government has no plans to bring back the recently repealed farm laws, and urged farmers to be wary of 'confusion' being created by the Congress on this issue.

'BCCI should become player centric'

'BCCI should become player centric'

Rediff.com22 Sep 2022

'There should be total transparency in the system.'

2020 Tokyo Games: Tug of war, bridge bidding for Olympic place

2020 Tokyo Games: Tug of war, bridge bidding for Olympic place

Rediff.com12 Jun 2015

Tug of war, sumo wrestling, surfing and frisbee throwing are among 26 sports leading the charge for an Olympic place.

Tokyo Olympics chief Mori set to quit over sexist remark

Tokyo Olympics chief Mori set to quit over sexist remark

Rediff.com11 Feb 2021

The president of the Tokyo 2020 Olympics organising committee, Yoshiro Mori, will resign over a sexist remark that sparked an outcry, two sources said on Thursday, while the former prime minister said he could not let the controversy drag on.

SC pulls up Mumbai civic body for tender process abuse, warns of coercive action

SC pulls up Mumbai civic body for tender process abuse, warns of coercive action

Rediff.com1 Feb 2022

The Supreme Court on Tuesday took serious note of the "pattern" of the Municipal Corporation of Greater Mumbai of issuing a tender, then cancelling it and again reissuing it leading to cost escalation and delay in completion of projects.

How Piramal managed to outbid Oaktree, Adani for DHFL

How Piramal managed to outbid Oaktree, Adani for DHFL

Rediff.com24 Jan 2021

When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.

In its zeal to sell A-I, govt goes slow on others

In its zeal to sell A-I, govt goes slow on others

Rediff.com13 Oct 2021

The Centre's push to sell Air India on priority has led to delays in other strategic divestment proposals, such as privatising United India Insurance, as well as ongoing transactions, such as Shipping Corporation of India (SCI) and Bharat Petroleum Corporation (BPCL), revealed multiple officials involved in the process. The Department of Investment and Public Asset Management (DIPAM) is yet to take new privatisation recommendations of the NITI Aayog to the core group of secretaries on disinvestment (CGD) headed by the Cabinet secretary, said one of the officials. The priority now is to ensure all approvals for Air India are in place since the government intends to hand over the national carrier as early as this month.

Sensex rallies 412 points in volatile trade

Sensex rallies 412 points in volatile trade

Rediff.com8 Apr 2022

The Sensex jumped 412.23 points on Friday, braving heavy volatility during the day, amid the Reserve Bank of India maintaining status quo on the benchmark lending rate and buying in index heavyweights Reliance Industries Limited and ITC. The BSE Sensex climbed 412.23 points or 0.70 per cent to settle at 59,447.18. During the day, the benchmark hit a high of 59,654.44 and a low 58,876.36. The Nifty also gained 144.80 points or 0.82 per cent to finish at 17,784.35.

Another delay in Tokyo Olympics?

Another delay in Tokyo Olympics?

Rediff.com16 Jun 2020

IOC President Thomas Bach has said the Games would have to be scrapped if the event cannot be held next year but Takahashi said cancelling them would have major financial implications.

Congress presidential poll: Sixth in party's 137-year history

Congress presidential poll: Sixth in party's 137-year history

Rediff.com16 Oct 2022

Also, with Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra not in the running for the party president's post, a non-Gandhi would be at the helm after over 24 years following the polling on Monday and counting on Wednesday.

Facing defeat in parliament, Pak PM Imran Khan calls special cabinet meet

Facing defeat in parliament, Pak PM Imran Khan calls special cabinet meet

Rediff.com30 Mar 2022

Pakistan's embattled Prime Minister Imran Khan on Wednesday summoned a special session of the federal cabinet amidst reports that two ministers belonging to the ruling coalition partner Muttahida Qaumi Movement-Pakistan have resigned after their party announced that it will support Opposition's no-confidence motion.

Pak efforts to list 2 Indians as terrorists thwarted by UNSC

Pak efforts to list 2 Indians as terrorists thwarted by UNSC

Rediff.com3 Sep 2020

Pakistan had submitted the names of Angara Appaji and Gobinda Patnaik for designation under the 1267 Al Qaeda Sanctions Committee of the UN Security Council.

'Choppergate': Are IAF Veterans Being Made Scapegoats?

'Choppergate': Are IAF Veterans Being Made Scapegoats?

Rediff.com23 Aug 2022

When the IAF veterans' bail petition came up for hearing, in an unprecedented move, senior serving and retired Air Marshals and Air Vice Marshals rallied behind the accused officers and appeared before the court to give sureties for each, something that has never happened ever before.

DHFL shares may get delisted post acquisition by Piramal

DHFL shares may get delisted post acquisition by Piramal

Rediff.com7 Jun 2021

Debt-ridden mortgage firm DHFL's shares would be delisted from stock exchanges post acquisition by Piramal Capital and Housing Finance, which has emerged as the successful bidder for the company. As part of resolution process under the Insolvency and Bankruptcy Code (IBC), lenders led by Union Bank of India in January this year favoured the bid by Piramal Capital and Housing Finance to take over the beleaguered housing finance firm. According to sources, shares of DHFL would be delisted post acquisition as per the IBC guidelines and Sebi delisting norms.

Sena workers damage 'Adani Airport' signboard in Mumbai

Sena workers damage 'Adani Airport' signboard in Mumbai

Rediff.com2 Aug 2021

They shouted slogans against the signboard when the airport is named after Chhatrapati Shivaji Maharaj.

'Videocon lenders to eventually take 50-55% haircut'

'Videocon lenders to eventually take 50-55% haircut'

Rediff.com21 Jul 2021

Lenders to Venugopal Dhoot-founded Videocon Group will eventually take 50-55 per cent haircut and not 95 per cent as is being reported after considering about Rs 15,000 crore expected from the sale of the group's overseas oil and gas assets, its former CFO Rajneesh Gupta claimed. Videocon Industries Ltd, which is comprised of its consumer electronics business and interest in the Ravva oil and gas field, and its overseas oil and gas assets, mainly comprising of oil blocks in Brazil, are being auctioned separately to recover unpaid loans. While Anil Agarwal-led Vedanta Group has picked up Videocon Industries for Rs 2,962 crore, the bids for overseas assets are yet to be decided.

In RS, Modi thumps chest, says he alone is more than a match for entire Oppn

In RS, Modi thumps chest, says he alone is more than a match for entire Oppn

Rediff.com9 Feb 2023

Amid slogan shouting by MPs from the Trinamool Congress, the Congress and other opposition parties from the Well of the House, Modi began replying to the debate on the motion thanking the President for her address to the joint sitting of Lok Sabha and Rajya Sabha at the start of the Budget Session, and accused the Congress of adopting only 'tokenism' to solving problems the country faced.

No 'irregularities' in 2006 World Cup bid win: German FA

No 'irregularities' in 2006 World Cup bid win: German FA

Rediff.com16 Oct 2015

The German Football Association (DFB) has found no indication of wrongdoing in the process of winning the right to host 2006 World Cup, it said on Friday after an internal investigation was completed.

Major crisis in Rajasthan Cong, Gehlot loyalists submit resignations

Major crisis in Rajasthan Cong, Gehlot loyalists submit resignations

Rediff.com26 Sep 2022

The Congress in Rajasthan plunged into a crisis on Sunday as several MLAs loyal to Ashok Gehlot submitted resignation letters over a possible move to appoint Sachin Pilot as the next chief minister, their rebellion erupting just ahead of a Congress Legislature Party meeting.

In bid to boost startups, govt relaxes norms for angel funds

In bid to boost startups, govt relaxes norms for angel funds

Rediff.com5 Jan 2017

The lock-in requirement has been reduced from three years to one year for angel funds and their minimum investment threshold has been slashed from Rs 50 lakh to Rs 25 lakh.

Tokyo spectator ban leaves Olympic athletes perplexed

Tokyo spectator ban leaves Olympic athletes perplexed

Rediff.com19 Jul 2021

Japanese organisers have decided to ban spectators from venues of the Olympics

Modi government making calibrated bid to weaken democracy: Manmohan Singh

Modi government making calibrated bid to weaken democracy: Manmohan Singh

Rediff.com21 Nov 2018

"The rule of law is under attack. History shall never forgive our present generation if the situation is not changed," the former PM said.

Satav's last rites performed at native place in Maharashtra

Satav's last rites performed at native place in Maharashtra

Rediff.com17 May 2021

The mortal remains of Congress MP Rajeev Satav, who died after recovering from COVID-19, were consigned to flames with state honours at his native place Kalamnuri in Maharashtra's Hingoli district.

Rishi Sunak or Liz Truss? UK to get new PM today

Rishi Sunak or Liz Truss? UK to get new PM today

Rediff.com5 Sep 2022

If elected, 42-year-old Sunak will go on to make history as the first Prime Minister of the UK of Indian heritage.

Trade bodies impose 12-hr bandh in Nagaland over 'illegal taxation'

Trade bodies impose 12-hr bandh in Nagaland over 'illegal taxation'

Rediff.com16 Sep 2021

The shutdown has been complete in not only major cities like Kohima, Dimapur and Mokokchung, but even smaller towns such as Tuli, Jalukie, Pfutsero, CNCCI president Khekugha Muru told PTI.

Sonia meets G-23's Anand Sharma, Manish Tewari, to meet others soon

Sonia meets G-23's Anand Sharma, Manish Tewari, to meet others soon

Rediff.com22 Mar 2022

The leaders who Gandhi met included Deputy Leader of the party in the Rajya Sabha Anand Sharma and Lok Sabha MP Manish Tewari. She is likely to meet some other leaders of the G-23 as well in the coming days.

2022 World Cup in Qatar faces fresh bribe allegations

2022 World Cup in Qatar faces fresh bribe allegations

Rediff.com7 Apr 2020

The 2022 World Cup in Qatar, the only major scheduled football event left unchanged after this year's calendar was wrecked by the coronavirus, has become the focus of fresh FIFA corruption allegations after the release of a new US Department of Justice indictment. According to the prosecutors, representatives working for Russia and Qatar bribed FIFA executive committee officials to swing votes in the crucial decision of world football's governing body.

No medal for Djokovic for third straight Games

No medal for Djokovic for third straight Games

Rediff.com31 Jul 2021

The world number one had arrived in Tokyo aiming to become the first man to win all four majors and an Olympic gold medal in the same calendar year. But that quest came to an end after he was beaten by fifth-ranked German Alexander Zverev in Friday's semi-final.

Xi Jinping: A princeling turned China's Mao 2.0

Xi Jinping: A princeling turned China's Mao 2.0

Rediff.com23 Oct 2022

Xi's ascent to power and the quick consolidation of his leadership of the party with a shock anti-graft campaign securing the title of the "core leader" of the party bequeathed only to Mao has indeed forced his rivals in the party to submission and caught the attention of the world.

'BJP will try to destabilise Nitish Kumar'

'BJP will try to destabilise Nitish Kumar'

Rediff.com25 Aug 2022

'With vendetta politics as its main plank, the BJP will be looking out for every opportunity to destabilise this Mahagatbandhan government.'

It's final: Rishi Sunak will face off with Liz Truss for British PM post

It's final: Rishi Sunak will face off with Liz Truss for British PM post

Rediff.com20 Jul 2022

Rishi Sunak on Wednesday clinched his place for the final leg of the race to succeed Boris Johnson and will go head-to-head with Foreign Secretary Liz Truss as one of two finalists to take charge as Conservative Party leader and British prime minister.

All decks cleared for Srinivasan's bid to a top US court

All decks cleared for Srinivasan's bid to a top US court

Rediff.com17 May 2013

The US Senate judiciary committee's unanimous approval to Srikanth 'Sri' Srinivasan's nomination has ensured his confirmation by Senate to be a slam dunk; and seat on influential DC Appeals Court could be catalyst toward the Indian American judge's Supreme Court nomination, reports Aziz Haniffa.

Haven't received T S Singh Deo's resignation: Baghel

Haven't received T S Singh Deo's resignation: Baghel

Rediff.com17 Jul 2022

Chhattisgarh Chief Minister Bhupesh Baghel on Sunday said he was yet to receive minister T S Singh Deo's resignation from the panchayat department and that he learnt about the latter's move through media.