News for 'Business Standard the committee'

Prasad says social media platforms should follow Indian law

Prasad says social media platforms should follow Indian law

Rediff.com11 Feb 2021

A day after his ministry rebuked Twitter for not complying with its orders to take down inflammatory content, Information Technology Minister Ravi Shankar Prasad said social media platforms cannot give differential treatment while handling problems on Capitol Hill and the Red Fort.

Divided CII opts for 49% defence FDI limit

Divided CII opts for 49% defence FDI limit

Rediff.com25 Jun 2014

Several CII defence committee members confirm this is now the official CII position, which conforms to that of industry bodies, Ficci and Assocham.

Why Indian MBAs don't have jobs yet

Why Indian MBAs don't have jobs yet

Rediff.com7 Mar 2017

Uncertainty in the economy leads to fewer offers this year.

CBI told to use director identification number in notices to bankers

CBI told to use director identification number in notices to bankers

Rediff.com29 Dec 2019

This, said Sitharaman, would remove the possibility of unauthorised communication "and consequent harassment", which was a cause of concern for bankers.

Privacy over RTI? Srikrishna suggestion leaves activists worried

Privacy over RTI? Srikrishna suggestion leaves activists worried

Rediff.com30 Jul 2018

While noting there needed to be a balance between the two fundamental rights, the Srikrishna panel stated there was an inherent conflict. "However, disclosure of information from public authorities may lead to private harms being caused. It is thus important to recognise that, in this context, there is a conflict of fundamental rights, between transparency and privacy," the report stated.

Rain pain: Maharashtra stares at water scarcity threat

Rain pain: Maharashtra stares at water scarcity threat

Rediff.com25 Jun 2014

Cabinet sub-committee to review the situation and take necessary steps.

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Rediff.com3 Sep 2020

The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.

Congress, NCP to commence alliance talks today

Congress, NCP to commence alliance talks today

Rediff.com19 Aug 2014

The commencement of negotiations is close on the heels of the recent decision taken by the Congress and Nationalist Congress Party high commands, to continue alliance during the state assembly election.

Govt releases 5 survey reports but holds back study it junked

Govt releases 5 survey reports but holds back study it junked

Rediff.com25 Nov 2019

The government's decision to release the reports comes two days after over 200 scholars from across the globe issued a statement demanding release of all withheld reports produced by the NSO, including the household consumer expenditure survey that was junked.

Finance ministry, RBI agree on key change

Finance ministry, RBI agree on key change

Rediff.com31 Aug 2015

The MPC states that the 4 external members will have a tenure of four years each.

Stock exchanges will face penalties for tech glitches: Sebi

Stock exchanges will face penalties for tech glitches: Sebi

Rediff.com5 Jul 2021

Stock exchanges and other market infrastructure institutions as well as their top officials are liable to face penalties for lapses in handling and recitfying technical glitches, with Sebi putting in a place a stricter compliance system driven by "financial disincentives". The markets watchdog has come out with a detailed Standard Operating Procedure (SOP) for Market Infrastructure Institutions (MIIs) less than five months after a technical glitch halted trading at the country's largest bourse NSE for nearly four hours. There will be a "financial disincentives" structure for MIIs -- stock exchanges, clearing corporation and depositories -- for any business disruption beyond pre-defined time, according to a circular issued on Monday.

StartUp India: Barely 1 in every 6 applicants qualifies so far

StartUp India: Barely 1 in every 6 applicants qualifies so far

Rediff.com17 Jun 2016

Of the first 189 whose credentials have been probed from the 400 applicants till date, barely 30 make it - and only one qualifies for IPR benefits.

US-based firm prepares class-action suit against Infosys

US-based firm prepares class-action suit against Infosys

Rediff.com22 Oct 2019

In a statement, Rosen Law Firm said it is investigating potential securities claims on behalf of shareholders of Infosys resulting from allegations that the company may have issued materially misleading business information to the investing public.

Ahead of Maharashtra polls, Shinde to meet Sonia on leadership change

Ahead of Maharashtra polls, Shinde to meet Sonia on leadership change

Rediff.com24 Jun 2014

Congress leader Sushilkumar Shinde left for New Delhi on Monday, where he is expected to meet Congress President Sonia Gandhi and submit his views on the change of leadership in Maharashtra and also suggest measures to revive the party ahead of the assembly elections slated for September-October.

All fiscal deficits are not evil

All fiscal deficits are not evil

Rediff.com23 Jun 2016

There is a case for analysing the fiscal deficit, separately for expenditure and investment.

GST likely to be simplified further

GST likely to be simplified further

Rediff.com30 Nov 2017

GST council may propose a faster refund procedure, deferment of electronic way bill, further simplification of composition scheme

How the Tatas are fighting job scams

How the Tatas are fighting job scams

Rediff.com30 Mar 2015

A high-level three-member committee is formed to grow awareness about fraudulent job offers.

Govt banks: Higher NPAs to pinch senior management's pocket

Govt banks: Higher NPAs to pinch senior management's pocket

Rediff.com23 Jun 2014

FinMin plans tougher targets for bad loans, Casa and others in performance-linked pay for senior management.

How the GST deal was clinched

How the GST deal was clinched

Rediff.com28 Jul 2016

Top Congress sources said they would not hold up the Bill.

11 food, pharma organisations seek CBI inquiry against FSSAI

11 food, pharma organisations seek CBI inquiry against FSSAI

Rediff.com1 Oct 2015

As many as 11 industry bodies related to food and pharma sectors on Thursday alleged that the food regulator FSSAI has become "den of corruption" and demanded a CBI inquiry into the functioning of the authority, which shot to limelight over the Maggi issue.

Poultry firms, farmers hit due to culling

Poultry firms, farmers hit due to culling

Rediff.com16 Mar 2020

Weak demand from the poultry sector has resulted in a sharp decline in feed prices too, with both soybean and maize prices falling by nearly 25 per cent in the past two months. The poultry market consumes around half of soybean and maize production in India.

Facebook's Hate Content Crisis is Ajit Mohan's biggest headache

Facebook's Hate Content Crisis is Ajit Mohan's biggest headache

Rediff.com28 Sep 2020

'The reality is no one, including some of the names that have shown up in the last few weeks, have any unilateral decision-making power in this,' Facebook India MD Ajit Mohan tells Peerzada Abrar.

Kingfisher not a wilful defaulter, says HC

Kingfisher not a wilful defaulter, says HC

Rediff.com28 Dec 2014

Calcutta HC dismisses United Bank of India's decision on technical grounds

Street expects RBI to hold rates for the entire fiscal

Street expects RBI to hold rates for the entire fiscal

Rediff.com23 Sep 2014

As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015

Subramanian Swamy asks for CBI enquiry into RBI's functioning

Subramanian Swamy asks for CBI enquiry into RBI's functioning

Rediff.com5 Dec 2020

The BJP member also sought to put the LVB-DBS merger on hold in order to facilitate a forensic audit of the takeover of the assets of both banks.

Air India to sell prime real estate

Air India to sell prime real estate

Rediff.com2 Jun 2017

Proceeds may be used to partly pay off its Rs 46,570-cr debt

FinMin finds RBI a tough nut to crack

FinMin finds RBI a tough nut to crack

Rediff.com12 Jun 2017

North Block and Mint Road seem likely to now stick to the earlier convention of the RBI governor coming to Delhi and being the only MPC member meeting the finance minister and senior bureaucrats on pre-policy meetings

States rule out GST cut on automobiles

States rule out GST cut on automobiles

Rediff.com13 Sep 2019

Facing a deepening slowdown, the auto sector is pinning hopes on the GST Council meeting on September 20 for a rate cut from 28 per cent to 18 per cent. However, states including Bihar, West Bengal, Kerala, and Punjab are of the view that the slowdown in the auto sector is not because of the GST rate but structural issues in the economy.

e-Payment regulations stuck as RBI unwilling to cede control

e-Payment regulations stuck as RBI unwilling to cede control

Rediff.com15 Dec 2016

Watal panel had suggested an independent payments regulator be set up.

New WPI to have bigger food basket

New WPI to have bigger food basket

Rediff.com14 Apr 2014

Will give truer reflection on price movements of food products, impact of cereal procurement prices.

White House backs Neera Tanden as Republicans oppose her nomination

White House backs Neera Tanden as Republicans oppose her nomination

Rediff.com24 Feb 2021

The White House and the Indian-American community are solidly backing the nomination of Neera Tanden as the director of Office of Management and Budget, describing her as the most appropriate candidate to hold the position.

How Mindtree plans to thwart L&T's takeover bid

How Mindtree plans to thwart L&T's takeover bid

Rediff.com22 Mar 2019

Mindtree plans to recommend to its investors not to subscribe to the open offer, citing low offer price, among key reasons. The founders were exploring several other options, including coming out with a counter open offer, with the backing of a financial investor.

Shape up or ship out: Snapdeal sends out signal to staff

Shape up or ship out: Snapdeal sends out signal to staff

Rediff.com4 Jul 2016

Snapdeal CEO Kunal Bahl said those who do not perform will have to leave.

Mumbai Metro faces financial crisis

Mumbai Metro faces financial crisis

Rediff.com29 Jun 2016

This is despite a 10 per cent rise in the average weekday ridership.

Has India's unemployment rate jumped to 45-year high?

Has India's unemployment rate jumped to 45-year high?

Rediff.com7 Mar 2019

Most economists were of the view that the NSSO should release the data, as any move to withhold it will dent the image of country's statistical system.

Hennes & Mauritz's FDI proposal gets DIPP green signal

Hennes & Mauritz's FDI proposal gets DIPP green signal

Rediff.com8 Oct 2013

Approval comes 6 months after Swedish clothing giant applied for India entry; FIPB now to consider on Oct 18.

The biggest challenge facing India Inc

The biggest challenge facing India Inc

Rediff.com18 Mar 2019

The immediate concern for all companies is to prepare themselves - and their vendors and suppliers - for the new GST return filing mechanism, being test piloted from April 1.

Sebi diktat on splitting chairman, MD/CEO roles

Sebi diktat on splitting chairman, MD/CEO roles

Rediff.com6 Apr 2021

Capital markets regulator Sebi on Tuesday asked listed companies to work towards splitting the roles of chairman and managing director before the April 2022 deadline, as the new directive is not aimed at weakening the position of promoters. Listed entities were initially required to separate the roles of chairperson and MD/CEO from April 1, 2020 onwards. However, based on industry representations, an additional time period of two years was given for compliance. The regulation will now be applicable to the top 500 listed entities by market capitalisation, with effect from April 1, 2022.

Services sector output growth at 7-month low in April

Services sector output growth at 7-month low in April

Rediff.com6 May 2019

However, predictions that economic conditions will normalise after the elections underpinned optimism regarding the outlook and supported a stronger upturn in employment.

Olympic sponsor Toyota pulls out TV ads for Games

Olympic sponsor Toyota pulls out TV ads for Games

Rediff.com19 Jul 2021

Organisers warn participants against eating out over COVID-19 risks.