News for 'Board's Finance Committee'

Who will bell the Ponzi schemes?

Who will bell the Ponzi schemes?

Rediff.com16 Nov 2015

Even Delhi does not have a full-time registrar of chits.

India eyes bankruptcy reform to ease decades of gridlock

India eyes bankruptcy reform to ease decades of gridlock

Rediff.com30 Oct 2015

The changes would be the most ambitious overhaul to date of rules governing the liquidation or revival of companies in India.

Pvt players may run freight, passenger trains in India

Pvt players may run freight, passenger trains in India

Rediff.com21 Mar 2015

Inviting private sector in Indian Railways is a good idea.

Steps taken to protect investors: FM

Steps taken to protect investors: FM

Rediff.com9 May 2003

Government and Securities and Exchange Board of India have taken a number of measures to further enhance the efficiency and safety of the markets and ensure investor protection, Finance Minister Jaswant Singh said in Lok Sabha on Friday.

Regional listing not necessary

Regional listing not necessary

Rediff.com25 Apr 2003

No double standards by Cong on Insurance Bill: Rahul Gandhi

No double standards by Cong on Insurance Bill: Rahul Gandhi

Rediff.com5 Aug 2014

The Insurance Bill was deferred for consideration for the time being after a meeting

Rahul rejects BJP's 'double standards' charge on Insurance Bill

Rahul rejects BJP's 'double standards' charge on Insurance Bill

Rediff.com5 Aug 2014

Congress vice-president Rahul Gandhi on Tuesday rejected Bharatiya Janata Party's charge that the Congress was taking a 'U-turn' on the Insurance Bill, saying that there are "no double standards" on the issue.

Both houses of Parliament prorogued

Both houses of Parliament prorogued

Rediff.com12 Sep 2015

Both houses of Parliament were prorogued on Friday, almost a month after being adjourned sine die, ending the possibility of an extension of the Monsoon session in the face of continued stand-off between government and opposition.

Insolvency system gets going, 600 professionals sign up

Insolvency system gets going, 600 professionals sign up

Rediff.com13 Jan 2017

Delhi-based Nilesh Sharma, among the first IPs, said while the framework is in the initial stage and might have teething trouble, the opportunity is immense in the long run.

The little-known company that's buying up distressed telcos

The little-known company that's buying up distressed telcos

Rediff.com24 Jan 2020

UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.

EPF rate may remain at 9.5%

EPF rate may remain at 9.5%

Rediff.com29 Jun 2004

In the face of mounting pressure from trade unions, the Employees Provident Fund rates may remain untouched at 9.5 per cent this year though a sub-committee of the EPF Board is believed to have recommended slashing it to eight per cent.

Aircel-Maxis case: Chidambaram appears before ED, grilled for 6 hours

Aircel-Maxis case: Chidambaram appears before ED, grilled for 6 hours

Rediff.com5 Jun 2018

The agency recorded his statement under the Prevention of Money Laundering Act with some specific queries on the circumstances and procedures adopted by the now-defunct Foreign Investment Promotion Board while giving approval to the Aircel-Maxis deal during his tenure.

IOC Chairman Butola may get extension

IOC Chairman Butola may get extension

Rediff.com14 Jan 2014

Besides PESB selected chairman designate B Ashok (currently Executive Director retail sales in IOC) having no board experience, the case for extending Butola's service is more compelling because all the other six directors on board of the nation's largest oil firm are retiring in next one year.

Why Urjit Patel said, 'I quit'

Why Urjit Patel said, 'I quit'

Rediff.com10 Dec 2018

The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.

Reforms plan fires PSU bank stocks

Reforms plan fires PSU bank stocks

Rediff.com18 Aug 2015

The rally followed the govt's plan to bolster state-owned lenders.

Mukesh Ambani, Dilip Shanghvi among 11 players to make banking easier!

Mukesh Ambani, Dilip Shanghvi among 11 players to make banking easier!

Rediff.com20 Aug 2015

Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.

Why is govt taking pangas with RBI, CBI etc?

Why is govt taking pangas with RBI, CBI etc?

Rediff.com23 Nov 2018

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.

A long legal battle awaits Chidambarams

A long legal battle awaits Chidambarams

Rediff.com1 Mar 2018

The father-son duo are in the radar of the probe agencies in another case concerning the Aircel-Maxis deal.

EPFO panel grants tax exemption to 68 private PF trusts

EPFO panel grants tax exemption to 68 private PF trusts

Rediff.com28 Mar 2014

At present, the EPF subscribers are exempted from paying income tax on deposits.

Prime Minister takes stock of sick power distribution cos

Prime Minister takes stock of sick power distribution cos

Rediff.com15 Sep 2015

India suffers from peak power deficit of three per cent.

Will India boycott Champions Trophy over ICC revenue deal?

Will India boycott Champions Trophy over ICC revenue deal?

Rediff.com26 Apr 2017

For India, pulling out of the tournament, to be staged in England and Wales in June, is a serious option if the revenue sharing talks break down.

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.

PSU banks write off over Rs 1.06 lakh cr in last 5 years

PSU banks write off over Rs 1.06 lakh cr in last 5 years

Rediff.com23 Dec 2014

Public banks may have a tough time in 2015 as they had to write off Rs 1 trillion.

Sebi wants govt banks as 'public' shareholders in stock exchanges

Sebi wants govt banks as 'public' shareholders in stock exchanges

Rediff.com19 Mar 2014

The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.

Rajan says economy in better shape, but flags volatility

Rajan says economy in better shape, but flags volatility

Rediff.com25 Jun 2015

RBI Governor cautioned against more volatility.

Tough law against illegal deposits

Tough law against illegal deposits

Rediff.com22 Mar 2019

'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'

Kejriwal, 5 others gave false statements against me, Jaitley tells court

Kejriwal, 5 others gave false statements against me, Jaitley tells court

Rediff.com5 Jan 2016

Finance Minister Arun Jaitley recorded his statement in a criminal defamation complaint filed against Arvind Kejriwal and other AAP leaders, accusing them of making false statements against him.

'Frequent flyer' PM slashes foreign visits by babus to 4 a year

'Frequent flyer' PM slashes foreign visits by babus to 4 a year

Rediff.com18 Jan 2016

Travelling abroad will be tougher for civil servants, with the Narendra Modi government further tightening the rules for foreign travel.

US rate hike: RBI prepared to deal with volatility in markets

US rate hike: RBI prepared to deal with volatility in markets

Rediff.com18 Mar 2015

RBI will take a cue from the Fed policy statement.

No proposal to dilute our stake in public banks: Govt

No proposal to dilute our stake in public banks: Govt

Rediff.com8 Jul 2014

The government will not bring down its ownership in public banks.

Pai backs Murthy, says Infy COO 'pay hike spectacular, not performance'

Pai backs Murthy, says Infy COO 'pay hike spectacular, not performance'

Rediff.com3 Apr 2017

Pai argued that at a time when the salary for entry level software engineers had not been raised in the IT industry in India for the past seven years, it was totally wrong to hike the compensation for top-level executives.

Entrepreneurship is not the solving of a sum but the painting of a picture

Entrepreneurship is not the solving of a sum but the painting of a picture

Rediff.com1 Nov 2017

India's salvation lies in job creation by entrepreneurs, say Manish Sabharwal and Ashok Reddy.

Next-level GST talks on Wednesday

Next-level GST talks on Wednesday

Rediff.com18 Aug 2014

States' demand of compensation from Centre for loss of tax revenue not on agenda.

Sports Shorts: Kipchoge to make new sub-two hour marathon attempt

Sports Shorts: Kipchoge to make new sub-two hour marathon attempt

Rediff.com6 May 2019

Summary of sports events and persons who made news on Monday

Lower inflation result of reforms, global oil prices: FinMin

Lower inflation result of reforms, global oil prices: FinMin

Rediff.com16 Dec 2015

A host of factors including the reform measures taken by the government and decline in global oil and commodity prices have led to lower inflation, the Finance Ministry said on Wednesday.

Chidambaram granted protection from arrest till July 10

Chidambaram granted protection from arrest till July 10

Rediff.com5 Jun 2018

This is the second time the former finance minister has got relief from arrest.

Jaya meets PM; doesn't rule out support to govt in RS

Jaya meets PM; doesn't rule out support to govt in RS

Rediff.com3 Jun 2014

Tamil Nadu Chief Minister J Jayalalithaa on Tuesday met Prime Minister Narendra Modi and did not rule out the support of her party All India Anna Dravida Munnetra Kazhagam to his government in the Rajya Sabha where the ruling National Democratic Alliance is in a minority.