News for 'Circular'

Priyanka Nag: How I Won The Best Designer Award

Priyanka Nag: How I Won The Best Designer Award

Rediff.com20 Jan 2025

'The jury panel said that my collection should not be limited to a college fashion show; it had much more potential. They encouraged me to sign up for the annual National Designer Awards organised by the World Designing Forum.'

What Sebi's multi-cap circular is all about

What Sebi's multi-cap circular is all about

Rediff.com23 Sep 2020

The recent circular follows the 'true-to-label' concept, but large funds in the multi-cap category may be forced to merge in the absence of sufficient small-cap options.

All 80 persons stranded at Goa waterfall rescued

All 80 persons stranded at Goa waterfall rescued

Rediff.com7 Jul 2024

All 80 people stuck at Pali waterfall in Goa's Sattari taluka were rescued on Sunday by the state's Fire and Emergency Services and the police, an official said.

Frivolous: SC rejects CBI plea on LOCs against actor Rhea, kin

Frivolous: SC rejects CBI plea on LOCs against actor Rhea, kin

Rediff.com25 Oct 2024

A bench comprising Justices BR Gavai and KV Viswanathan warned the probe agency and remarked it had moved a "frivolous petition" only because one of the accused was a high-profile person.

Maharashtra govt doesn't charge BCCI for police cover!

Maharashtra govt doesn't charge BCCI for police cover!

Rediff.com30 Aug 2024

The Bombay high court has slammed the decision of Maharashtra government to not charge the Board of Control for Cricket in India for police protection given during cricket matches conducted in the state.

5 accused sought Rs 50 lakh to kill Baba Siddique, but...

5 accused sought Rs 50 lakh to kill Baba Siddique, but...

Rediff.com19 Oct 2024

The Mumbai police probing the Baba Siddique murder case have found that the five newly-arrested accused had demanded Rs 50 lakh for the killing, but backed out later due to disagreement over payment and also considering the Nationalist Congress Party leader's clout, officials said.

What Adani Group CFO said about the bribery charges

What Adani Group CFO said about the bribery charges

Rediff.com23 Nov 2024

None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US. In a post on X, Singh said the group would make a detailed comment on the US indictment once it gets counsel approvals.

TISS withdraws sacking notice for 105 staffers amid backlash

TISS withdraws sacking notice for 105 staffers amid backlash

Rediff.com30 Jun 2024

In the circular, the TISS said all 55 faculty and 60 non-teaching staff were appointed under programmes funded by Tata Education Trust and were on a contractual basis with exact programme period.

Why did Maharashtra cut cricket security fees?

Why did Maharashtra cut cricket security fees?

Rediff.com12 Nov 2024

The Bombay High Court on Tuesday questioned the justification behind reducing and waiving police protection charges levied during cricket matches in Maharashtra with a retrospective effect from the year 2011, and said "something is amiss".

NPCI nod to onboard users may help Paytm streamline UPI operations

NPCI nod to onboard users may help Paytm streamline UPI operations

Rediff.com3 Nov 2024

One97 Communications (OCL), the company that operates brand Paytm, received a nod from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on OCL to add new customers.

NPAs: New RBI circular scraps 1-day default rule

NPAs: New RBI circular scraps 1-day default rule

Rediff.com7 Jun 2019

The new circular provides for a framework for early recognition, reporting and time-bound resolution of bad loans.

NMC withdraws guidelines listing lesbianism as offence

NMC withdraws guidelines listing lesbianism as offence

Rediff.com6 Sep 2024

The National Medical Commission on Thursday withdrew and cancelled guidelines under Competency Based Medical Education Curriculum in which it had reintroduced sodomy and lesbianism as unnatural sexual offences in the forensic medicine and toxicology curriculum for undergraduate medical students.

CBI look out circular against 8 private persons in Delhi excise policy scam

CBI look out circular against 8 private persons in Delhi excise policy scam

Rediff.com21 Aug 2022

Officials said the CBI has not felt the need to issue LOCs against public servants so far because they cannot leave the country without intimating the government.

SC order on RBI circular: How it will hit banks

SC order on RBI circular: How it will hit banks

Rediff.com3 Apr 2019

Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.

Claims Can't Be Rejected For Missing Docs

Claims Can't Be Rejected For Missing Docs

Rediff.com13 Jun 2024

In its master circular on general insurance products, which takes immediate effect, Irdai specified, 'The customer may be required to submit only those documents directly related to claim settlement.'

Bank customer has zero liability for unauthorised transaction: HC

Bank customer has zero liability for unauthorised transaction: HC

Rediff.com13 Jun 2024

The bench referred to three reports submitted by the cyber cell police which said the beneficiaries were added to the bank account without any message or OTP received on the registered mobile number and email to the registered email account.

World's most amazing circular buildings

World's most amazing circular buildings

Rediff.com20 Jul 2011

The circular shape of these magnificent buildings have made them architectural wonders.

Sebi proposes mandatory UPI block secondary market for larger brokers

Sebi proposes mandatory UPI block secondary market for larger brokers

Rediff.com29 Aug 2024

The Securities and Exchange Board of India (Sebi) plans to mandate the UPI block mechanism, also known as the ASBA-like facility, in the secondary market for Qualified Stock Brokers (QSBs). QSBs are brokers with larger client sizes and thus more significance in the market ecosystem.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Should You Avoid High-Cost Funds?

Should You Avoid High-Cost Funds?

Rediff.com12 Nov 2024

Investors should match their investment horizon with the fund's portfolio duration.

Shivaji statue wouldn't have collapsed if...: Gadkari

Shivaji statue wouldn't have collapsed if...: Gadkari

Rediff.com4 Sep 2024

Union minister Nitin Gadkari has said if stainless steel had been used for construction of Chhatrapati Shivaji Maharaj's statue at Rajkot fort in Maharashtra's Sindhudurg district, it would not have collapsed.

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Rediff.com6 Jul 2024

The Nifty 50 index is poised for a revamp as the revised futures and options (F&O) stock selection criteria is seen paving the way for newly listed companies to join the benchmark index, which is tracked by passive funds with combined assets under management of more than ~3.5 trillion ($44 billion). For the first time in six years, the market regulator Securities and Exchange Board of India (Sebi) has tweaked the stock selection process for the derivatives segment that clocks a turnover of ~400 trillion daily.

Infosys under probe for alleged GST evasion of Rs 32,403 cr

Infosys under probe for alleged GST evasion of Rs 32,403 cr

Rediff.com1 Aug 2024

India's second largest IT services company Infosys has been slapped with a 'pre-show cause' notice for alleged GST evasion to the tune of about Rs 32,403 crore. In a BSE filing, the Bengaluru headquartered IT firm said Karnataka State GST authorities have issued a pre-show cause notice for payment of GST of Rs 32,403 crores for the period July 2017 to March 2022, towards the expenses incurred by overseas branch offices of Infosys Ltd, and added that the company has responded to the pre-show cause notice.

Karnataka withdraws GST notice to Infosys

Karnataka withdraws GST notice to Infosys

Rediff.com2 Aug 2024

A day after it received Rs 32,403 crore GST demand, Infosys on Thursday said Karnataka state authorities have withdrawn the 'pre-show cause' notice to the company and directed it to submit further response to the Directorate General of GST Intelligence (DGGI) on the issue. India's second largest IT company had made headlines on Wednesday after GST authorities slapped a Rs 32,403 crore notice on it for services availed by the company from its overseas branches for five years starting 2017.

RBI's diktat to banks for issuance of credit cards

RBI's diktat to banks for issuance of credit cards

Rediff.com6 Mar 2024

Reserve Bank has directed banks to provide their eligible customers with an option to choose from multiple card networks at the time of issuing credit or debit cards, a move which will benefit card users. The central bank also asked issuers of credit cards not to enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks.

LOC issued against Briton among 6 in Rs 7K cr Delhi cocaine haul

LOC issued against Briton among 6 in Rs 7K cr Delhi cocaine haul

Rediff.com11 Oct 2024

According to police sources, the UK national, Savinder Singh, came to India last moth to supervise the transportation and delivery of the 208-kg consignment suspected to have been brought from South American countries.

High Court Restores Construction Workers' Rights

High Court Restores Construction Workers' Rights

Rediff.com9 Nov 2024

Justices Arif S Doctor and Somasekhar Sundaresan held there was nothing in the MCC that would interfere with the Board's ongoing activities.

Cocaine worth Rs 2,080 cr seized in Delhi, second big haul in a week

Cocaine worth Rs 2,080 cr seized in Delhi, second big haul in a week

Rediff.com10 Oct 2024

The drugs were hidden inside plastic packets of snacks with 'Tasty Treat' and 'Chatpata Mixture' written on them. About 20-25 such packets kept in cartons were recovered from a small narrow shop in west Delhi's Ramesh Nagar area, the official said.

HC relief for man accused of cruelty for denying wife French fries

HC relief for man accused of cruelty for denying wife French fries

Rediff.com25 Aug 2024

Justice M Nagaprasanna found the allegations against the man to be trivial and, therefore, stayed the probe.

5 held for providing firearms, logistic support to Siddique shooters

5 held for providing firearms, logistic support to Siddique shooters

Rediff.com18 Oct 2024

The total number of arrests in the sensational case now stands at nine, while three key persons are on the run.

Broking stocks slide on Sebi pivot

Broking stocks slide on Sebi pivot

Rediff.com10 Jul 2024

Shares of brokerages and market infrastructure institutions (MIIs) witnessed heavy selling pressure following the Securities and Exchange Board of India's (Sebi's) pivot to a uniform fee structure, which analysts fear could dent revenues. Discount brokerages, which currently benefit from a spread between client charges and exchange fees, are expected to be most affected. Shares of Angel One, the third-largest brokerage by active clients, fell 8.7 per cent. Groww and Zerodha, the largest brokerages, are not publicly listed.

Don't sell Ulips as investment products: Irdai to insurance companies

Don't sell Ulips as investment products: Irdai to insurance companies

Rediff.com24 Jun 2024

The Insurance Regulatory and Development Authority of India (IRDAI) has asked life insurance companies not to advertise unit-linked plans as investment products in a recent circular.

Safety risk in Boeing 737: DGCA alerts airlines

Safety risk in Boeing 737: DGCA alerts airlines

Rediff.com8 Oct 2024

The move follows the recent probe report by the United States National Transportation Safety Board (NTSB) that highlighted safety concerns involving Boeing 737 aircraft equipped with Collins Aerospace SVO-730 Rudder Rollout Guidance Actuators.

Health Insurance: What You Must Know!

Health Insurance: What You Must Know!

Rediff.com24 Jun 2024

Purchase health insurance at an early age, before you incur a disease, as this makes access to health insurance difficult and raises the premium significantly.

NSE, BSE to conduct special trading session on May 18

NSE, BSE to conduct special trading session on May 18

Rediff.com7 May 2024

The National Stock Exchange (NSE) and BSE on Tuesday said they will conduct a special trading session in the equity and equity derivative segments on May 18 to check their preparedness for handling major disruptions or failure at the primary site. The special live trading session will have an intra-day switchover from the Primary Site (PR) to the Disaster Recovery (DR) site.

SC partly stays Mumbai college order banning hijab

SC partly stays Mumbai college order banning hijab

Rediff.com9 Aug 2024

A bench of Justices Sanjiv Khanna and Sanjay Kumar issued notice to the Chembur Trombay Education Society, which runs the 'N G Acharya and D K Marathe College', and sought its response by November 18.

Officials violating demolition guidelines will pay for rebuild: SC

Officials violating demolition guidelines will pay for rebuild: SC

Rediff.com13 Nov 2024

The Supreme Court on Wednesday issued pan-India guidelines on demolition of properties and said affected people need to be given some time to challenge demolition orders before an appropriate forum.

Did Chandrayaan-3 land on one of the oldest craters of Moon?

Did Chandrayaan-3 land on one of the oldest craters of Moon?

Rediff.com29 Sep 2024

The crater was formed during the Nectarian period, which dates back to 3.85 billion years and is one of the oldest time periods in the Moon's history, the team, including researchers from the Physical Research Laboratory and Indian Space Research Organisation (ISRO), Ahmedabad, said.

CBI issues Look Out Circular against Chidambaram

CBI issues Look Out Circular against Chidambaram

Rediff.com21 Aug 2019

The probe agency is understood to have alerted all airports and other ports of entry to prevent Chidambaram from leaving, sources said.

Feb 12 circular: RBI may replace controversial one-day default norm

Feb 12 circular: RBI may replace controversial one-day default norm

Rediff.com30 Apr 2019

It had been pointed out to the banking regulator that one-day default was difficult to monitor in large companies, especially where cash flows are dependent on government payments.