News for 'Controller of Capital Issues'

'Middle Class Won't Be Affected By Indexation'

'Middle Class Won't Be Affected By Indexation'

Rediff.com26 Jul 2024

'For me, if I want to buy a house to stay, I don't care about indexation because I don't want to sell that house.' 'The only thing that matters to me as a buyer is that the home price should be within my reach.' 'Any market, when speculators and investors go out, it will benefit the middle class.'

5-judge SC bench to decide who controls Delhi's services, central or state govt

5-judge SC bench to decide who controls Delhi's services, central or state govt

Rediff.com6 May 2022

The Supreme Court on Friday referred to a five-judge Constitution bench the dispute between the Centre and the Delhi government over control of services in the national capital.

Will J&K Assembly Pass A Resolution For Article 370 To Be Restored?

Will J&K Assembly Pass A Resolution For Article 370 To Be Restored?

Rediff.com31 Oct 2024

Pressure is mounting for a resolution to be moved in the assembly when it meets next week for its maiden sitting to demand 'restoration of Article 370 and Article 35A' as committed in the National Conference's election manifesto, reveals Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

'Putting coal-fired plants is like committing a sin'

'Putting coal-fired plants is like committing a sin'

Rediff.com17 Aug 2024

'With technology advancing, we should go all out and put up solar, wind, pumped storage, and battery, and make India go green.'

Ladakh row: No breakthrough in India, China diplomatic talks

Ladakh row: No breakthrough in India, China diplomatic talks

Rediff.com31 Jul 2024

India and China on Wednesday held 'constructive' and 'forward-looking' diplomatic talks to resolve the over four-year border standoff along the Line of Actual Control (LAC) in eastern Ladakh but there was clear no indication of any breakthrough.

Frequent power cuts still a trouble for Rajasthan govt amid scorching heat

Frequent power cuts still a trouble for Rajasthan govt amid scorching heat

Rediff.com4 Jun 2024

Amid the scorching heat, with temperatures soaring between 47 and 50 degrees Celsius, irregular electricity supply has added fuel to the fire, aggravating problems for people, farmers, and the industrial sector. While the state's Bhajan Lal Sharma-led Bharatiya Janata Party (BJP) government claims to be improving the power supply, the opposition is trying to corner the government on the issue. Amid all this, undeclared power cuts are continuing in districts including the capital, that are already facing power cuts.

Kamal Nath, Digvijaya in damage control exercise over 'tear clothes' row

Kamal Nath, Digvijaya in damage control exercise over 'tear clothes' row

Rediff.com17 Oct 2023

In the video, Nath was talking to Raghuvanshi's supporters when he made the remarks about former CM Digvijaya Singh and his son.

The Threats To India's Prosperity

The Threats To India's Prosperity

Rediff.com22 Jul 2024

Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.

At Dussehra rallies, Uddhav, Shinde spar over Hindutva

At Dussehra rallies, Uddhav, Shinde spar over Hindutva

Rediff.com13 Oct 2024

The respective Dussehra rallies of Maharashtra Chief Minister Eknath Shinde and and Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray were once again about whose version of Hindutva is genuine and who is the true inheritor of party patriarch Bala Thackeray's legacy.

Reliance Retail acquires sole control of Just Dial

Reliance Retail acquires sole control of Just Dial

Rediff.com2 Sep 2021

Billionaire Mukesh Ambani-led Reliance Retail on Thursday said it has acquired sole control of 25-year-old search and discovery firm Just Dial. The firm's subsidiary Reliance Retail Ventures Ltd had in July announced a deal to buy a controlling stake in Just Dial for Rs 3,497 crore. Further to that announcement, "RRVL has now taken sole control of Just Dial Ltd in accordance with the SEBI Takeover Regulations with effect from September 1, 2021."

MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

Rediff.com19 Jul 2024

Airports across the country witnessed chaotic scenes on Friday after dozens of flights were either delayed or cancelled after a widespread global computer outage that also hit operations like cash withdrawal at some banks, and impacted functioning of some brokerages. Globally, the Microsoft cloud outage led to US airlines cancelling flights, but the tech giant later reportedly said its cloud services outage in the Central US region has been resolved.

How Modi Has Been Cut To Size

How Modi Has Been Cut To Size

Rediff.com6 Sep 2024

In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.

SC takes cognisance of doctor's rape-murder case, hearing on Aug 20

SC takes cognisance of doctor's rape-murder case, hearing on Aug 20

Rediff.com18 Aug 2024

According to the cause list of August 20 uploaded on the apex court website, a bench comprising Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra is scheduled to hear on Tuesday.

How To Curb Speculation In F&Os

How To Curb Speculation In F&Os

Rediff.com13 Jul 2024

'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Sebi slaps show cause notice on Hindenburg, US firm terms it 'nonsense'

Sebi slaps show cause notice on Hindenburg, US firm terms it 'nonsense'

Rediff.com2 Jul 2024

US short seller Hindenburg Research, which had rocked the Adani Group with allegations of stock market manipulation and accounting fraud, on Tuesday said it has received a show cause notice from Indian capital market regulator Sebi over alleged violations in placing bets on the conglomerate stocks. Hindenburg termed the show cause notice as "nonsense" and "concocted to serve a pre-ordained purpose: an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India."

Yunus dials Modi, assures protection of Hindus, minorities in B'desh

Yunus dials Modi, assures protection of Hindus, minorities in B'desh

Rediff.com16 Aug 2024

This is the first conversation between Modi and Yunus after he assumed the responsibility following the fall of the Sheikh Hasina-led government.

Adi-Nadir family's open offer for Astec

Adi-Nadir family's open offer for Astec

Rediff.com2 May 2024

The Adi/Nadir Godrej family, along with other family members/trusts, has made an open offer to the shareholders of Astec Lifesciences to acquire an additional 26 per cent stake from the public as part of the family settlement agreement (FSA), according to an announcement to the stock exchanges on Wednesday. The offer, made at the price of Rs 1,069.75 per share, was triggered by the Adi/Nadir family's plan to acquire a 20.84 per cent stake in Godrej Industries (GIL) from the Jamshyd Godrej/Smita Crishna Godrej family, according to the FSA announced on Tuesday.

'Have you taken any action on tanker mafia?': SC raps Delhi govt over water crisis

'Have you taken any action on tanker mafia?': SC raps Delhi govt over water crisis

Rediff.com12 Jun 2024

'People are suffering, we are seeing visuals on every news channel. What measures have you taken to control water wastage if water scarcity is a recurring problem in summers'

M&A wave set to sweep over South cement market, say industry experts

M&A wave set to sweep over South cement market, say industry experts

Rediff.com6 Aug 2024

UltraTech Cement's announcement that it would snap up a controlling stake in India Cements may only be a sign of more to come. In the wake of one of the country's most expensive deals in recent times, cement majors may slug it out to add smaller firms from the region to their portfolio. UltraTech's buy is the latest in the four deals the southern market has seen in less than a year, with Adani Cement being the other buyer.

'Draft infra norms good for industry'

'Draft infra norms good for industry'

Rediff.com29 May 2024

'Probably revised guidelines will come, and then the real picture will emerge.'

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Rediff.com21 Aug 2024

The response was tepid in other parts of the country even as several INDIA bloc parties as well as other non-BJP outfits extended their support to the bandh.

All-out attack or... : Pant on DC's aggressive chase

All-out attack or... : Pant on DC's aggressive chase

Rediff.com4 Apr 2024

Pant emphasised the importance of taking risks.

Sebi Has Strong Case Against Hindenburg

Sebi Has Strong Case Against Hindenburg

Rediff.com4 Jul 2024

If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts.

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Rediff.com29 Jul 2024

Using the Mahabharat reference as a leitmotif, Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday claimed that an atmosphere of fear prevails all around with a group of six trapping the entire country in a 'chakravyuh' he promised would be broken by the INDIA bloc.

Burmans get nod to acquire 31.27% additional stake in Religare

Burmans get nod to acquire 31.27% additional stake in Religare

Rediff.com24 Jan 2024

The Competition Commission of India has approved the acquisition of 31.27 per cent of additional stake in Religare Enterprises by four entities of Dabur India promoter Burman family, enabling them to become majority owners in the financial services firm. The fair trade regulator allowed the four entities to acquire Religare's 5.27 per cent through stock market purchase and another 26 per cent through an open offer.

Nothing is happening at ground level: SC on air crisis

Nothing is happening at ground level: SC on air crisis

Rediff.com10 Nov 2023

The Supreme Court on Friday said that crop residue burning in Punjab and some other states adjacent to Delhi have to be stopped and solution has to found to reduce the pollution level in the national capital region (NCR).

What India Inc Expects From Modi 3.0

What India Inc Expects From Modi 3.0

Rediff.com7 Jun 2024

'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'

Nirmalaji Listens To Economists' Ideas

Nirmalaji Listens To Economists' Ideas

Rediff.com20 Jun 2024

'The Budget needs to focus more on social welfare schemes.'

'Climate Change Is The Main Villain'

'Climate Change Is The Main Villain'

Rediff.com2 Aug 2024

'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'

Sheikh Hasina's Biggest Blunder

Sheikh Hasina's Biggest Blunder

Rediff.com29 Aug 2024

'The dominance of her party also meant that the institutions became lopsided -- whether it was the bureaucracy or the courts or the military.' 'She centralised power to the extent that you would see her representatives or her party office bearers having overly represented in these institutions.' 'That perhaps would have been the biggest blunder that she committed.'

Will respond strongly to frauds: Sequoia Capital

Will respond strongly to frauds: Sequoia Capital

Rediff.com17 Apr 2022

'We will take tough calls where needed in the interest of doing what is right.'

LG orders paid break for workers amid 50 deg C heat, calls Kejri insensitive

LG orders paid break for workers amid 50 deg C heat, calls Kejri insensitive

Rediff.com29 May 2024

It said Delhi is facing an unprecedented heatwave with temperatures hovering around 50 degrees Celsius in some parts for the first time in the city's history.

Why create an issue? Nitish Kumar on Prophet remark row

Why create an issue? Nitish Kumar on Prophet remark row

Rediff.com13 Jun 2022

Expressing displeasure over the attack on his cabinet colleague Nitin Nabin by miscreants in neighbouring Jharkhand amid the protests, Kumar on Monday asserted that 'the responsibility of maintaining peace and communal harmony rests with the state government'.

Delhi govt defers odd-even scheme pending SC review

Delhi govt defers odd-even scheme pending SC review

Rediff.com8 Nov 2023

The Delhi government on Wednesday said the odd-even car rationing scheme will be implemented in the national capital after the Supreme Court reviews its effectiveness and issues an order.

India Inc feels the heat of West Asia conflict

India Inc feels the heat of West Asia conflict

Rediff.com29 Apr 2024

Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.

Delhi Covid situation to come under control in 7-10 days: Kejriwal

Delhi Covid situation to come under control in 7-10 days: Kejriwal

Rediff.com13 Nov 2020

Pollution is biggest reason behind the spike in COVID-19 cases in Delhi. We had situation under control until October 20, the CM said.

India issues advisory for citizens amid escalation in Ukraine

India issues advisory for citizens amid escalation in Ukraine

Rediff.com10 Oct 2022

The advisory comes hours after Russia carried out strikes against multiple Ukrainian cities, including Kyiv.

India's Startup Scorecard

India's Startup Scorecard

Rediff.com2 Apr 2024

For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.

Has Modi Learnt Nothing From Election Result?

Has Modi Learnt Nothing From Election Result?

Rediff.com29 Jun 2024

On June 26, for the likes of me, the music died. Any impression of potential change held forth by the outcome of the 2024 general election, was vaporised, reveals Shyam G Menon.