News for 'Controller of Capital Issues'

Delhi vs Centre: SC verdict split on control of services

Delhi vs Centre: SC verdict split on control of services

Rediff.com14 Feb 2019

In view of the differences, Justices A K Sikri and Ashok Bhushan referred the matter to a larger bench of the apex court.

Relief for Delhiites as rain clears haze, improves air

Relief for Delhiites as rain clears haze, improves air

Rediff.com10 Nov 2023

The air quality is expected to improve further due to wind speed favourable for the dispersion of pollutants.

Can election manifestos show the way to Viksit Bharat?

Can election manifestos show the way to Viksit Bharat?

Rediff.com18 Mar 2024

Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.

Stringent curbs set in but Delhi's air quality still 'severe'

Stringent curbs set in but Delhi's air quality still 'severe'

Rediff.com6 Nov 2023

The poisonous haze has been causing significant problems for people with existing respiratory issues, according to doctors.

Delhi air quality still severe; relief likely before Diwali

Delhi air quality still severe; relief likely before Diwali

Rediff.com9 Nov 2023

The city's Air Quality Index (AQI) stood at 420 at 8 am on Thursday, compared to 426 at 4 pm on Wednesday. The AQI map prepared by the Central Pollution Control Board showed clusters of red dots (indicating hazardous air quality) spread across the Indo-Gangetic plains.

Heatwave sears north India, UP's Orai bakes at 46.4 deg C

Heatwave sears north India, UP's Orai bakes at 46.4 deg C

Rediff.com19 Jun 2024

The threshold for a heat wave is met when the maximum temperature of a weather station reaches at least 40 degrees Celsius in the plains, 37 degrees in coastal areas, and 30 degrees in hilly regions, and the departure from normal is at least 4.5 notches.

Byju's EGM gets underway; investors file suit in NCLT

Byju's EGM gets underway; investors file suit in NCLT

Rediff.com23 Feb 2024

An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."

Who Can Dethrone The US Dollar?

Who Can Dethrone The US Dollar?

Rediff.com24 Jul 2023

Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.

Heavy rains lash Kerala, orange alert in 4 districts

Heavy rains lash Kerala, orange alert in 4 districts

Rediff.com15 Oct 2023

As heavy rains continued to batter Kerala, landslides and flooding were reported from many parts of the state, especially its southernmost district of Thiruvananthapuram, which was severely affected by waterlogging in several areas on Sunday.

Kejriwal seeks meeting with Rahul Gandhi, Kharge amid battle with Centre

Kejriwal seeks meeting with Rahul Gandhi, Kharge amid battle with Centre

Rediff.com26 May 2023

The ordinance came a week after the Supreme Court handed over the control of services in Delhi, excluding police, public order and land, to the elected government. It seeks to set up a National Capital Civil Service Authority for transfer of and disciplinary proceedings against Group-A officers from the DANICS cadre.

Godrej Split Handled With Admirable Dignity

Godrej Split Handled With Admirable Dignity

Rediff.com2 May 2024

'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'

Byju's expects $7-8 bn minimum valuation

Byju's expects $7-8 bn minimum valuation

Rediff.com23 Jan 2024

Byju's plans to raise funds at a lower valuation of $7-8 billion as the embattled edtech major looks to shore up its financials with adequate liquidity, a senior company executive said on Tuesday. Banking on overall "improved performance", Think and Learn, the parent of Byju's, is hopeful of a higher valuation ahead of its rights issue being planned in February to raise funds. Byju's India chief financial officer Nitin Golani said the company is in need of funds and plans to raise it at a lower valuation to make the offer lucrative for investors as well as ensure adequate liquidity support for the edtech firm.

Stubble burning: Farmers being made villain without hearing them, says SC

Stubble burning: Farmers being made villain without hearing them, says SC

Rediff.com22 Nov 2023

A bench of Justices Sanjay Kishan Kaul and Sudhanshu Dhulia also suggested why should there be any purchase under the minimum support price system from farmers who indulge in crop residue burning, irrespective of the fact that citizens and children were affected due to pollution.

Israel has right for self-defence, but...: Putin on Hamas attack

Israel has right for self-defence, but...: Putin on Hamas attack

Rediff.com14 Oct 2023

Russia proceeds "from the postulate, a negotiated solution to the Palestinian-Israeli conflict has no alternatives," said Putin while speaking at the Commonwealth of Independent States summit in Bishkek, Kyrgystan on Friday.

AAP's mega rally against Centre's ordinance today

AAP's mega rally against Centre's ordinance today

Rediff.com11 Jun 2023

Elaborate security measures have been put in place in and around Ramlila Maidan where the Aam Aadmi Party will hold a 'Maha Rally' on Sunday against the Centre's ordinance on control of services in the national capital, police said.

Delhi squanders rain gain, Diwali pollution up by 45%

Delhi squanders rain gain, Diwali pollution up by 45%

Rediff.com13 Nov 2023

Squandering the relief due to rain, Delhi recorded a jump in pollution levels and a smoky haze returned on Monday morning after residents flouted the ban on firecrackers on Diwali night.

CISF replaces Delhi Police for Parliament security after breach

CISF replaces Delhi Police for Parliament security after breach

Rediff.com21 Dec 2023

Both the new and the old Parliament complex and their allied buildings will be brought under a comprehensive security cover of the CISF which will also have the existing elements of Parliament Security Service (PSS), the Delhi Police and the Parliament Duty Group (PDG) of the CRPF, the sources said.

Cyclone Tauktae: IMD issues 'very heavy' rain alert for Delhi

Cyclone Tauktae: IMD issues 'very heavy' rain alert for Delhi

Rediff.com19 May 2021

The India Meteorological Department on Wednesday issued an orange alert for Delhi, predicting 'heavy' to 'very heavy' rainfall in parts of the capital with winds gusting up to 60 kilometers per hour.

'I Want To Impact 1 Billion Lives'

'I Want To Impact 1 Billion Lives'

Rediff.com28 May 2024

'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'

RBI's decision on connected lending may curb India Inc's powers

RBI's decision on connected lending may curb India Inc's powers

Rediff.com18 Dec 2023

The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business conglomerates in the Indian lending space, said bankers and experts. "Connected lending pertains to lending to related parties within the same business group. "While the RBI might appear more agreeable to allowing business conglomerates to own banking licenses, it deems it crucial to bolster regulations that would prevent conglomerate-owned banks from gaming the system," said Shivaji Thapliyal, head of research and lead analyst, YES Securities.

Govt to bring Delhi services bill in Rajya Sabha on Monday

Govt to bring Delhi services bill in Rajya Sabha on Monday

Rediff.com5 Aug 2023

Senior Congress leader and Supreme Court lawyer Abhishek Manu Singhvi is likely to initiate the debate from the opposition side, the sources said.

Protesting farmers stopped from marching to Parliament

Protesting farmers stopped from marching to Parliament

Rediff.com9 Feb 2024

Thousands of farmers from around 100 villages of Noida and Greater Noida on Thursday took to the streets seeking hiked compensation, bringing traffic to a standstill in several parts of Delhi-NCR as they made an unsuccessful bid to march towards Parliament.

T+0 settlement: Sebi for 2-phase implementation

T+0 settlement: Sebi for 2-phase implementation

Rediff.com30 Dec 2023

The Securities and Exchange Board of India (Sebi) is contemplating the implementation of a same-day settlement cycle, known as T+0, in two phases. This is seen as a preliminary step towards instantaneous settlement. The shorter T+0 settlement cycle is being considered for the equity cash segment as an optional mechanism, in addition to the current T+1 (Trade plus one day) cycle.

AirAsia India to get fresh capital

AirAsia India to get fresh capital

Rediff.com9 Mar 2016

AirAsia India began operations in June 2014.

SC puts off hearing on Centre-Delhi row over services to Nov 24

SC puts off hearing on Centre-Delhi row over services to Nov 24

Rediff.com19 Oct 2022

The Supreme Court of India on Wednesday postponed the hearing of its five-judge Constitution bench on the legal issue concerning the scope of legislative and executive powers of the Centre and Delhi government over control of services in the national capital.

Is The Golden Decade For Indian Markets Over?

Is The Golden Decade For Indian Markets Over?

Rediff.com18 Jan 2024

Have the markets already played out their dynamics before the economy has even properly taken off? Are we now destined for a period of mediocre returns despite a strong economy? asks Akash Prakash.

Any alliance with Cong 'very difficult' until...: AAP after Oppn unity meet

Any alliance with Cong 'very difficult' until...: AAP after Oppn unity meet

Rediff.com23 Jun 2023

At the meeting, many parties urged the Congress to publicly denounce the ordinance but the Congress refused to do so, claimed AAP, adding that the grand old party's "silence raises suspicions about its real intentions".

Business growth remains robust for Bajaj Finance, M&M Financial Services

Business growth remains robust for Bajaj Finance, M&M Financial Services

Rediff.com12 Oct 2023

MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.

'Nuclear Has To Get Into Achche Din'

'Nuclear Has To Get Into Achche Din'

Rediff.com20 May 2024

'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'

Article 370 Constitution bench to hear Delhi services row

Article 370 Constitution bench to hear Delhi services row

Rediff.com20 Jul 2023

A bench comprising Chief Justice D Y Chandrachud and justices P S Narasimha and Manoj Misra said the detailed order referring the case to a larger bench will be uploaded on the apex court website later in the day.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

Centre vs Delhi: Govt seeks larger SC bench to hear dispute, draws AAP fire

Centre vs Delhi: Govt seeks larger SC bench to hear dispute, draws AAP fire

Rediff.com5 Dec 2022

The Centre on Monday told the Supreme Court that it has filed a fresh plea seeking reference to a larger bench a matter involving a constitutional issue related to the control of services in the national capital.

Why South India Is Unhappy With Modi

Why South India Is Unhappy With Modi

Rediff.com20 Feb 2024

On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.

Delhi's administrative set-up may get streamlined; black day, cries AAP

Delhi's administrative set-up may get streamlined; black day, cries AAP

Rediff.com8 Aug 2023

Union Home Minister Amit Shah introduced the bill in the Upper House of Parliament. He said the proposed legislation is aimed at providing effective and corruption-free governance in the national capital.

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.

How Private Should Be A CEO's Life Be?

How Private Should Be A CEO's Life Be?

Rediff.com5 Dec 2023

Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose? asks Amit Tandon.

Murder of health, stop stubble burning at once, SC orders NCR states

Murder of health, stop stubble burning at once, SC orders NCR states

Rediff.com7 Nov 2023

Amid a spike in pollution levels in Delhi-NCR, the Supreme Court on Tuesday directed Punjab, Haryana, Uttar Pradesh and Rajasthan to ensure crop residue burning was stopped "forthwith", saying it cannot let "people die" due to pollution.

Hyderabad to be under Centre's control?

Hyderabad to be under Centre's control?

Rediff.com29 Jul 2013

The porposal is aimed at ensuring the safety of people of Seema-Andhra

Pant Bats With Confidence!

Pant Bats With Confidence!

Rediff.com16 Aug 2023

During a recreational event organised by the JSW Foundation as part of Independence Day celebrations, Pant faced a few deliveries in a game at a sports facility near Bengaluru on August 15.

Dabur keen to acquire 26% stake in Religare for Rs 2,116 cr

Dabur keen to acquire 26% stake in Religare for Rs 2,116 cr

Rediff.com25 Sep 2023

Entities belonging to the Burman family, the promoter of Dabur India, on Monday announced a Rs 2,116 crore open offer to shareholders of Religare Enterprises Ltd (REL) to acquire up to an additional 26 per cent stake in the company as part of its strategy to enter the financial services space. Post the open offer, the family's stake in the financial services firm is expected to increase to 51 per cent. The open offer is made to increase the family's stake and take control of REL and this will mark the entry of Burmans into the financial services space.