News for 'Capital Development Authority'

Yamuna recedes but still flowing two metres above danger level

Yamuna recedes but still flowing two metres above danger level

Rediff.com15 Jul 2023

The situation could worsen if weather predictions of more rain in the capital and upper catchment areas come true.

G20 meet transforms tiny U'khand village into tourist hub

G20 meet transforms tiny U'khand village into tourist hub

Rediff.com26 Jun 2023

Revamped at a cost of Rs 10 crore, Ouni village in Uttarakhand is being touted as a 'modern village' now. Nearly 40 solar street lights, two new transformers, and as many washrooms have been set up in the village, which didn't have street lights till a few months ago, reports Sarthak Choudhury.

Sectors & stocks analysts are betting on post the state poll outcome

Sectors & stocks analysts are betting on post the state poll outcome

Rediff.com13 Dec 2023

The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.

Pak court rejects petition against temple construction

Pak court rejects petition against temple construction

Rediff.com8 Jul 2020

A Pakistani court has dismissed three identical petitions challenging the construction of the first Hindu temple in the country's capital.

'They Wanted To Stop Us From Protesting Against Adani'

'They Wanted To Stop Us From Protesting Against Adani'

Rediff.com3 May 2024

'All those who participated in the agitation were branded as anti-nationals.'

For What Duration Must I Invest?

For What Duration Must I Invest?

Rediff.com5 Apr 2024

Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.

10 Overrated Indian Destinations

10 Overrated Indian Destinations

Rediff.com14 Jun 2024

Popular doesn't always mean best. Here's why.

Election 2024: The Big Fights In Kerala

Election 2024: The Big Fights In Kerala

Rediff.com1 Apr 2024

Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.

When Will Yogi Have His Film City?

When Will Yogi Have His Film City?

Rediff.com26 Apr 2023

'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'

Modi thanks Qatari Emir for release of Navy veterans

Modi thanks Qatari Emir for release of Navy veterans

Rediff.com16 Feb 2024

Prime Minister Narendra Modi on Thursday thanked Qatari Emir Sheikh Tamim bin Hamad Al-Thani for the release of eight Indian nationals, who were sentenced to death after being arrested in Doha in August 2022.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Rediff.com31 Mar 2024

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.

Qatar fund to acquire around 1% stake in Reliance Retail for Rs 8,278 cr

Qatar fund to acquire around 1% stake in Reliance Retail for Rs 8,278 cr

Rediff.com23 Aug 2023

Qatar Investment Authority (QIA) will acquire around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, by investing Rs 8,278 crore ($1 billion). A QIA's wholly-owned subsidiary will make the investment in India's largest retailer at a valuation of Rs 8.278 lakh crore ($100 billion). Updating about the development, Reliance Industries in a regulatory filing said: "QIA's investment will translate into a minority equity stake of 0.99 per cent in RRVL on a fully-diluted basis." RRVL is the holding company for all retail businesses of Reliance Industries Ltd (RIL).

'First Congress Candidate To Get Vote From A Thackeray'

'First Congress Candidate To Get Vote From A Thackeray'

Rediff.com9 May 2024

While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.

Govt to develop 25 regional airports, says Jaitley

Govt to develop 25 regional airports, says Jaitley

Rediff.com5 Apr 2016

Government is looking to develop 15 airstrips owned by the state governments and 10 that are with the Airports Authority of India.

'Tunnel rescue like war, can't speculate when it will end'

'Tunnel rescue like war, can't speculate when it will end'

Rediff.com23 Nov 2023

The 41 workers trapped in Uttarakhand's Silkyara tunnel for the last 11 days are likely to be rescued in the next few hours or by tomorrow, National Disaster Management Authority (NDMA) member Lt Gen (retd) Syed Ata Hasnain said on Thursday evening.

Bad loan resolution: Is crony capitalism at play?

Bad loan resolution: Is crony capitalism at play?

Rediff.com23 Jul 2021

One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.

'India needs insurers catering to niche sectors like NBFCs, MFIs'

'India needs insurers catering to niche sectors like NBFCs, MFIs'

Rediff.com23 Dec 2022

India has a huge untapped population which doesn't have facilities for financial aid and insurance, and it is perhaps plausible to look at the option of having niche players catering to smaller sectors akin to non-banks and microfinance institutions in lending, said Rakesh Joshi, member (Finance & Investment), Insurance Regulatory and Development Authority of India (Irdai). Speaking at the Business Standard BFSI Insight Summit, Joshi said, "Today, most of our insurance companies operate at a national level. There is arguably a case for having differentiated operations, which cater to niche sectors the same way we have non-banking financial companies (NBFC) and microfinance institutions in lending." "The capital requirement for niche players may not be as large as those having national ambitions. "Enabling these niche players, which require lower capital, will enhance the penetration in areas which hitherto had not seen traction from large players," he said.

Planning To Buy A Plot? Read This

Planning To Buy A Plot? Read This

Rediff.com30 Jan 2023

Make sure that the person you are buying the plot from is the rightful owner.

Day 7 of tunnel rescue: Vertical drilling to begin soon

Day 7 of tunnel rescue: Vertical drilling to begin soon

Rediff.com19 Nov 2023

Larger diameter pipes have also been inserted up to a length of 42 metres through the debris on Sunday morning to provide enough food and other essentials to the trapped workers, a control room set up at the site said.

Practicing Hindu, never ate beef, clarifies YouTuber Jani over Puri temple row

Practicing Hindu, never ate beef, clarifies YouTuber Jani over Puri temple row

Rediff.com24 Dec 2023

Jani said that as a food blogger, she has informed people about local cuisines of various places and that's what happened in Kerala video, whose screenshots are being used.

16 merchant banks in fray for lead managers to LIC IPO

16 merchant banks in fray for lead managers to LIC IPO

Rediff.com24 Aug 2021

Sixteen merchant banks are in the fray to act as book running lead managers (BRLM) for the initial public offering of Life Insurance Corporation of India (LIC). These merchant banks will have to make a presentation before the Department of Investment and Public Asset Management (DIPAM) on August 24-25. The shortlisted banks are BNP Paribas, Citigroup Global Markets India, BofA Securities, Goldman Sachs (India) Securities, HSBC Securities and Capital Markets(India), J.P. Morgan India, Nomura Financial Advisory and Securities (India), Axis Capital, DAM Capital Advisors, HDFC Bank, ICICI Securities, IIFL Securities, JM Financial, Kotak Mahindra Capital, SBI Capital Market, and Yes Securities India.

Farmers refuse to cremate dead protester till case booked

Farmers refuse to cremate dead protester till case booked

Rediff.com23 Feb 2024

Farmer leaders participating in the 'Delhi Chalo' agitation on Friday said the cremation of Shubhkaran Singh, who died amid clashes between Haryana Police and Punjab farmers, will not take place till the Punjab government registers a case against those responsible it.

'Extreme situation' in Delhi as Yamuna swells to record level

'Extreme situation' in Delhi as Yamuna swells to record level

Rediff.com13 Jul 2023

The water level at the Old Railway Bridge crossed the 208-metre mark Wednesday night and rose to 208.48 metres by 8 am on Thursday. It is expected to rise further, according to the Central Water Commission, which has termed it an "extreme situation".

'Goa Inquisition was most merciless and cruel'

'Goa Inquisition was most merciless and cruel'

Rediff.com9 Feb 2024

'It was a machinery of death. A large number of Hindus were first converted and then persecuted from 1560 all the way to 1812!' says novelist Richard Zimler.

'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.'

Why PSU Banks Should Be Held Accountable

Why PSU Banks Should Be Held Accountable

Rediff.com8 Nov 2023

If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.

JP Morgan's inclusion of India to emerging market debt index may boost G-secs

JP Morgan's inclusion of India to emerging market debt index may boost G-secs

Rediff.com24 Oct 2023

India's inclusion in JP Morgan's bond index can channel billions of dollars into India. How will the government securities market handle it?

Haryana farmers heading towards Punjab tear-gassed, clash with cops

Haryana farmers heading towards Punjab tear-gassed, clash with cops

Rediff.com23 Feb 2024

Police on Friday used tear gas to disperse Haryana farmers heading towards Khanauri on Punjab's border with the state where farmers, mostly from Punjab, have been camping since last week after their 'Delhi Chalo' march was halted by security forces.

Himachal Kinnaur cut off from Shimla after major landslide

Himachal Kinnaur cut off from Shimla after major landslide

Rediff.com8 Sep 2023

Machinery and manpower have been deployed, but stones falling from the hills are obstructing the road opening work, the officials said.

IRDA nod for Reliance Cap sale of 26% stake in insurance biz

IRDA nod for Reliance Cap sale of 26% stake in insurance biz

Rediff.com14 Sep 2011

The Anil Ambani Group's financial services arm Reliance Capital on Wednesday said it has received in-principle approval from insurance sector regulator Insurance Regulatory Development Authority for its proposed 26 per cent stake sale in Reliance Life Insurance to Japan's Nippon Life.

It may take less than 3 days to rescue trapped tunnel workers if ...: Official

It may take less than 3 days to rescue trapped tunnel workers if ...: Official

Rediff.com21 Nov 2023

He further said that the "focus is on horizontal drilling" as rock formation has created challenges for vertical drilling.

Rains, hailstorm hit parts of Delhi-NCR; IMD predicts more

Rains, hailstorm hit parts of Delhi-NCR; IMD predicts more

Rediff.com18 Mar 2023

The eastern and northern parts of Delhi witnessed rain and hailstorm, IMD said.

Jolt to Kejriwal govt as SC allows 6-month extension for Delhi chief secretary

Jolt to Kejriwal govt as SC allows 6-month extension for Delhi chief secretary

Rediff.com29 Nov 2023

The bid to extend the tenure of the present chief secretary is the latest bone of contention between the Arvind Kejriwal government and Lieutenant Governor VK Saxena, who have been involved in a series of run-ins over various issues.

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Rediff.com4 Aug 2023

Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."

'Future of New Delhi railway station': Piyush Goel shares stunning design

'Future of New Delhi railway station': Piyush Goel shares stunning design

Rediff.com15 Jan 2021

Posting photos on Twitter, Piyush Goyal wrote, "Envisaging an enriched passenger experience with complete integration of different modes of transport, take a look at the future of New Delhi Railway Station."

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

RSS's Lack Of Enthusiasm Is Showing

RSS's Lack Of Enthusiasm Is Showing

Rediff.com12 May 2024

According to insiders, their lack of enthusiasm is showing on the ground. There is nothing to suggest that their enthusiasm will return in the final four phases of polling, observes N Sathiya Moorthy.

New Delhi Railway Station redevelopment project hits a hurdle in history

New Delhi Railway Station redevelopment project hits a hurdle in history

Rediff.com9 Dec 2021

The past appears to have interrupted the future of the New Delhi Railway Station (NDLS). With two protected heritage buildings sitting in the way of the plan to redevelop the railway station, officials in the know say the project may end up back on the drawing board since the National Monuments Authority (NMA), the body tasked with the protection and preservation of monuments and sites, is yet to give its approval. "A nod from NMA is awaited before going into the next phase of bids for the redevelopment of the New Delhi Railway Station," a senior official of the Ministry of Railways told Business Standard. While the Railways ministry is hopeful of getting approvals from the NMA before the end of the current financial year, there is no clarity on this yet.