News for 'Controller of Capital Issues'

Amid China tension, IAF chief visits forward areas in Eastern Ladakh

Amid China tension, IAF chief visits forward areas in Eastern Ladakh

Rediff.com16 Oct 2021

Amid tensions over build-up by the Chinese across the Line of Actual Control (LAC) in Eastern Ladakh and reluctance to resolve remaining issues between the two countries, Indian Air Force (IAF) chief Air Chief Marshal VR Chaudhari is visiting forward areas in Ladakh to review the operational preparedness of troops deployed there.

Unvaccinated people, children below 15 not allowed at R-Day parade

Unvaccinated people, children below 15 not allowed at R-Day parade

Rediff.com24 Jan 2022

Police also said that people will have to adhere to all Covid-protocols, such as wearing face masks and maintaining social distancing, at the programme on Rajpath on January 26.

Tata Motors turns the corner: Swings into profit after 7 quarters

Tata Motors turns the corner: Swings into profit after 7 quarters

Rediff.com26 Jan 2023

After clocking losses for seven straight quarters, Tata Motors on Wednesday posted a consolidated net profit of Rs 3,043 crore in the third quarter (Q3) of 2022-23. This came on the back of a strong order book, better semiconductor chip supply, tempered commodity prices, and a better product mix. "We remain cautiously optimistic about the demand situation, notwithstanding the global uncertainty.

Amid LAC row, Chinese foreign minister may visit India this month

Amid LAC row, Chinese foreign minister may visit India this month

Rediff.com16 Mar 2022

If the visit takes place, it will be the first trip by a senior Chinese leader to India after the eastern Ladakh standoff between the two countries began in May 2020.

LIC's Adani Investment: 'Policyholders' Money Is Absolutely Safe'

LIC's Adani Investment: 'Policyholders' Money Is Absolutely Safe'

Rediff.com3 Feb 2023

'It's a clear case of political patronage helping an individual grow.'

Diageo buys fresh 26% in USL for Rs 11,449 crore, gains control

Diageo buys fresh 26% in USL for Rs 11,449 crore, gains control

Rediff.com2 Jul 2014

UK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd, more than double of Rs 1,440 it offered in the previous bid last year.

Ban on single-use plastic items kicks in

Ban on single-use plastic items kicks in

Rediff.com1 Jul 2022

The ban on certain single-use plastic (SUP) items kicks in from Friday, with state governments initiating an enforcement campaign to identify and close down units engaging in production, distribution, stocking and sale of such items, officials said. Though several manufacturers have said they are not prepared to implement the ban due to a lack of alternatives, Union Environment Minister Bhupender Yadav had on Tuesday said the government had given enough time to the industry and the general public to prepare for the ban on SUP items and it hopes for everyone's cooperation in implementing it from July 1. Violation of the ban will invite punitive action, including a fine or a jail term or both, detailed under Section 15 of the Environment Protection Act (EPA) and under bylaws of respective municipal corporations, officials in the Union environment ministry said.

China, Not Pakistan, Is India's Enemy No 1

China, Not Pakistan, Is India's Enemy No 1

Rediff.com16 Jan 2023

16 Indian Army divisions face China, 20 face Pakistan and two divisions are reserves. This powerful signal can hardly be missed in China or Pakistan, notes Ajai Shukla.

ED raids Lalu's family, aides; seizes money, gold

ED raids Lalu's family, aides; seizes money, gold

Rediff.com11 Mar 2023

During the raids, Rs 53 lakh, $1,900, about 540 grams of gold and bullion and 1.5 kg of gold jewellery were seized, sources in agency said and added that one of the locations searched was a house in south Delhi where Lalu Prasad Yadav's son and Bihar Deputy Chief Minister Tejashwi Yadav was present.

SC to hear PIL for judicial probe into Morbi bridge collapse on Nov 14

SC to hear PIL for judicial probe into Morbi bridge collapse on Nov 14

Rediff.com1 Nov 2022

The Supreme Court on Tuesday said it would list for hearing on November 14 a PIL seeking constitution of a judicial commission to probe the Morbi bridge collapse incident in Gujarat.

Pak's LeT, JeM have hundreds of fighters, camps in Afghanistan: UN report

Pak's LeT, JeM have hundreds of fighters, camps in Afghanistan: UN report

Rediff.com30 May 2022

The 13th report of the Analytical Support and Sanctions Monitoring Team cites a UN Member State as saying that Jaish-e-Mohammed (JeM), a Deobandi group ideologically closer to the Taliban "maintains eight training camps in Nangarhar, three of which are directly under Taliban control."

US eases travel advisory for India

US eases travel advisory for India

Rediff.com17 Aug 2021

The new travel advisory came in the wake of the significant improvement in Covid situation in India.

Sebi mulls IPO reforms on book building, price band aspects

Sebi mulls IPO reforms on book building, price band aspects

Rediff.com28 Jul 2021

Markets regulator Sebi is contemplating reforms in the IPO norms, especially on the book building, fixed price aspects and certain provisions pertaining to price band, its chief Ajay Tyagi said on Wednesday. Apart from initial public offer (IPO), the regulator is looking into further reforms on preferential issue front, Tyagi said at the FICCI's annual Capital Market Conference. He further said that the focus on review of equity fund raising norms will continue in the near future.

'Our Football Tragedy': 17 children among those killed in stampede

'Our Football Tragedy': 17 children among those killed in stampede

Rediff.com3 Oct 2022

Indonesia's chief security minister Mahfud MD said on Monday the government would form an independent fact-finding team which would include academics and soccer experts as well as government officials to probe what happened.

I am NCP president, will work more whether 82 or 92, says Sharad Pawar

I am NCP president, will work more whether 82 or 92, says Sharad Pawar

Rediff.com6 Jul 2023

As the tussle for control of the Nationalist Congress Party hotted up after its vertical split, Sharad Pawar on Thursday declared he was the president of the party and hit back at nephew and Deputy Chief Minister Ajit Pawar's retirement jibe, saying he will work more effectively "whether 82 or 92."

Hindu-Muslim hatred being spread 24x7: Rahul

Hindu-Muslim hatred being spread 24x7: Rahul

Rediff.com24 Dec 2022

The Congress leader said he has traversed across the country, "but I have not seen violence, hatred anywhere. But I see it on television all the time."

P-Notes investment rises to Rs 90,580 cr in Apr

P-Notes investment rises to Rs 90,580 cr in Apr

Rediff.com23 May 2022

P-notes are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to Securities and Exchange Board of India (Sebi) data, the value of P-note investments in Indian markets -- equity, debt, and hybrid securities -- stood at Rs 90,580 crore at April-end, compared to Rs 87,979 crore in March.

Har Ghar Tiranga: Disposal of flags a matter of concern

Har Ghar Tiranga: Disposal of flags a matter of concern

Rediff.com13 Aug 2022

The Municipal Corporation of Delhi said it has given special instructions to its Safai Sainiks to collect dishevelled or soiled flags separately.

Russia seizes strategically important city of Kherson; bombing in Kyiv

Russia seizes strategically important city of Kherson; bombing in Kyiv

Rediff.com3 Mar 2022

The fall of Kherson -- a city of 300,000 people, northwest of the Crimean peninsula -- is significant because it would allow the Russians to control more of Ukraine's southern coastline and to push west toward the city of Odessa, the NYT reported.

Lalu returns to Patna as Bihar politics heats up

Lalu returns to Patna as Bihar politics heats up

Rediff.com26 May 2022

Ailing Rashtriya Janata Dal chief Lalu Prasad has returned to his home turf Bihar, amid escalating political temperatures over issues of caste census, the Rajya Sabha biennial polls and the Central Bureau of Investigation (CBI) registering yet another corruption case against the septuagenarian.

'Kushti' in Kerala, 'dosti' in Tripura: Modi on Cong-CPI alliance

'Kushti' in Kerala, 'dosti' in Tripura: Modi on Cong-CPI alliance

Rediff.com11 Feb 2023

Modi claimed that some other parties were also helping the opposition alliance from behind but any vote for them will take Tripura several years backward.

Demolition drive in Delhi's Mehrauli ahead of G20 meet sparks protests

Demolition drive in Delhi's Mehrauli ahead of G20 meet sparks protests

Rediff.com11 Feb 2023

The action was taken under a demolition drive, which will be carried out till March 9, officials said. It comes a month ahead of a G20 meeting planned to be hosted at the archaeological park in south Delhi.

Amid payoff charge, NCB's Sameer Wankhede visits Delhi office

Amid payoff charge, NCB's Sameer Wankhede visits Delhi office

Rediff.com26 Oct 2021

The officer entered the NCB office in the R K Puram area through a back entry gate and is understood to have met his senior officers.

Bihar's 1-day verdict judge moves SC against suspension

Bihar's 1-day verdict judge moves SC against suspension

Rediff.com29 Jul 2022

A bench of Justices UU Lalit and SR Bhat issued notices, including to the state of Bihar, on the plea filed by Shashi Kant Rai, an additional district and sessions judge in Araria.

J'khand police remove posters of Ranchi violence accused after JMM objection

J'khand police remove posters of Ranchi violence accused after JMM objection

Rediff.com15 Jun 2022

Even as the ruling Jharkhand Mukti Morcha opposed the police's move, the law enforcers said the errors would be rectified and the posters put up again.

Firecrackers not a religious matter, let people breathe, says Delhi minister

Firecrackers not a religious matter, let people breathe, says Delhi minister

Rediff.com3 Nov 2021

Bursting firecrackers is not a matter of religion, it affects people's lives, Delhi environment minister Gopal Rai said on Wednesday and urged the Opposition not to jeopardise the well-being of children and the elderly for political ambitions.

Will Ambani-Adani's Dominance Fade Away?

Will Ambani-Adani's Dominance Fade Away?

Rediff.com26 Nov 2021

It's hard to say because of the winner-take-all nature of new platform and network businesses, but Reliance has not been an efficient user of capital, and Adani numbers are varied, observes T N Ninan.

Global Fuel Prices Lower, But Pump Rates Still High

Global Fuel Prices Lower, But Pump Rates Still High

Rediff.com8 Jun 2023

Global oil prices have slumped and India has access to larger amounts of discounted Russian crude oil, yet refiners are not passing on their savings to consumers

Wuhan to test all residents as COVID cases emerge after a year

Wuhan to test all residents as COVID cases emerge after a year

Rediff.com3 Aug 2021

The city, which reported the first case of COVID-19 in late 2019, has also upgraded its epidemic response measure, locking down the area where local COVID-19 infections have been reported while upgrading its risk levels, Chinese state media Global Times reported.

Rahul Gandhi's expectations from wife: 'A loving person who is intelligent'

Rahul Gandhi's expectations from wife: 'A loving person who is intelligent'

Rediff.com23 Jan 2023

Viewed as India's most eligible bachelor by some, Congress leader Rahul Gandhi says he'll get married when the right girl comes along and part of the problem is that his parents' "really lovely marriage" has set the bar very high.

Reliance Retail says e-com cos bypassing FDI norms

Reliance Retail says e-com cos bypassing FDI norms

Rediff.com26 Mar 2021

Billionaire Mukesh Ambani's Reliance Retail on Thursday told the government that complex legal structures have been used by some firms to bypass the country's e-commerce rules which from the very beginning do not allow foreign capital in the inventory-based model. At a meeting called by the commerce ministry on allegations that foreign online retailers created complex structures to bypass foreign investment rules and damage small traders, Amazon urged the government not to issue any clarification until investigations into its business practices had been concluded, sources said. At the meeting, Reliance Retail's representatives said the Indian e-commerce policy does not allow foreign capital in the inventory-based model and foreign investment is allowed only in pure technical infrastructure/ platform that facilitates the meeting of buyer with sellers.

Need I-T nod for transfer of shares, says NDTV, Adani says it's misconceived

Need I-T nod for transfer of shares, says NDTV, Adani says it's misconceived

Rediff.com1 Sep 2022

NDTV promoter group firm RRPR Holding has told VCPL, which along with two other Adani group firms has launched a hostile takeover bid for the media firm, that its stakeholding in NDTV has been provisionally attached by the I-T authorities and require their approval for the transfer. The contention has been rejected by the Adani group, which termed it as "misconceived and misleading" statements while asking RRPR Holding to convert the warrants into equity shares. In a regulatory filing, NDTV said that its founders Radhika and Prannoy Roy have informed that RRPR Holding has intimated Adani group firm Vishvapradhan Commercial Pvt Ltd (VCPL) that the attachment of the shareholding, notified in 2018, shall remain in place until the completion of reassessment proceedings.

Delhi LG Anil Baijal resigns citing personal reasons

Delhi LG Anil Baijal resigns citing personal reasons

Rediff.com18 May 2022

He was appointed the national capital's LG in December, 2016.

Over 27k Delhi police personnel deployed for R-Day security

Over 27k Delhi police personnel deployed for R-Day security

Rediff.com23 Jan 2022

Delhi police commissioner Rakesh Asthana on Sunday said over 27,000 police personnel have been deployed for Republic Day security duties in the national capital and anti-terror measures intensified.

Pollution: SC gives Centre, Delhi govt 24 hrs; schools shut

Pollution: SC gives Centre, Delhi govt 24 hrs; schools shut

Rediff.com2 Dec 2021

Stating that 'we cannot...infuse creativity in your bureaucracy', the apex court warned it will have to do something extraordinary if the authorities failed to control pollution.

China's Military Upgrade A Cause Of Concern

China's Military Upgrade A Cause Of Concern

Rediff.com28 Mar 2023

The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.

Schools, colleges shut, trucks banned: Delhi's steps to curb pollution

Schools, colleges shut, trucks banned: Delhi's steps to curb pollution

Rediff.com18 Nov 2021

The Delhi government has banned construction and demolition activities in the city till November 21.

Foreign e-com cos creating massive unemployment, alleges RIL

Foreign e-com cos creating massive unemployment, alleges RIL

Rediff.com23 Mar 2021

Capital dumping is being used by foreign e-commerce firms to subsidise and engage in predatory pricing, oil-to-telecom conglomerate Reliance Industries (RIL) has told the Associated Chambers of Commerce and Industry of India (Assocham) in an internal document. The document alleges that this is leading to massive unemployment and financial distress among small merchants and kirana stores. It consists of various recommendations and proposed changes that deal with Press Note 2 of 2018 (PN 2), which RIL wanted Assocham to present to the government, according to sources.

Haryana passes resolution on SYL canal, transfer of Hindi-speaking areas in Punjab

Haryana passes resolution on SYL canal, transfer of Hindi-speaking areas in Punjab

Rediff.com5 Apr 2022

The Haryana assembly on Tuesday passed a resolution seeking the completion of the SYL canal and the transfer of Hindi-speaking areas from Punjab, while denouncing the neighbouring state for staking its claim over Chandigarh.

Why BPCL divestment is on the slow track

Why BPCL divestment is on the slow track

Rediff.com12 Apr 2022

In December 2019, the India arm of Deloitte Touche Tohmatsu surprised many with its ultra-competitive bid to become the transaction advisor for the country's largest strategic divestment in Bharat Petroleum Corporation (BPCL). The multinational major quoted just Rs 1; the second-highest bidder, SBI Caps, reportedly quoted Rs 15-17 crore. For Deloitte, the motivation was to bag a prestigious deal adding a national energy company to its portfolio. No doubt, it expected BPCL to go to a marquee buyer in quick time.