News for 'Department for Business'

Shami's absence a big loss for India: Aus coach McDonald

Shami's absence a big loss for India: Aus coach McDonald

Rediff.com27 Oct 2024

Australia head coach Andrew McDonald believes the absence of Mohammed Shami during the marquee Border Gavaskar Trophy next month is a huge loss for India.

Patanjali Foods gets show cause notice for GST dues

Patanjali Foods gets show cause notice for GST dues

Rediff.com30 Apr 2024

Patanjali Foods has been served a show cause notice by the GST intelligence department, asking the company to explain why input tax credit worth Rs 27.46 crore should not be recovered from it. The yoga guru Ramdev-led Patanjali Ayurved Group firm, which is mainly into the edible oil business, has received the notice from the Directorate General of GST Intelligence, Chandigarh Zonal Unit, according to a regulatory filing made by the company on April 26.

Trump 47: Disruptor Or Savvy Dealmaker?

Trump 47: Disruptor Or Savvy Dealmaker?

Rediff.com21 Jan 2025

Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.

E-portal for business approvals off to a brisk start

E-portal for business approvals off to a brisk start

Rediff.com17 Feb 2022

Nearly five months after its soft launch, the government's e-portal, the National Single Window System (NSWS), is seeing a significant increase in the number of investors using it to get a bunch of approvals for their ventures. The first clearance was granted on 18 January. Since then, the progress has been good. Out of the 1,258 registered users on the portal, 378 were registered in the last one week.

Fadnavis' First Challenge: Santosh Deshmukh Murder Case

Fadnavis' First Challenge: Santosh Deshmukh Murder Case

Rediff.com3 Jan 2025

'The CM's credibility is on the line.'

Atishi snubbed, Delhi LG picks Gahlot to hoist flag on I-Day

Atishi snubbed, Delhi LG picks Gahlot to hoist flag on I-Day

Rediff.com13 Aug 2024

The choice that bypasses several other senior government leaders is likely to set a stage for another round of tussle between the AAP dispensation and the LG Secretariat.

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.

AI flight to London delayed after ants found in business class

AI flight to London delayed after ants found in business class

Rediff.com7 Sep 2021

The AI-111 flight departed from the Delhi airport at around 5.20 pm instead of its scheduled departure time of 2 pm, they said.

Ratan Tata's last rites performed with state honours

Ratan Tata's last rites performed with state honours

Rediff.com11 Oct 2024

The final rites of renowned industrialist and philanthropist Ratan Tata were performed with full state honours at a central Mumbai crematorium on Thursday evening. The Mumbai police paid tribute to Tata with a gun salute.

Protests Hit Retail Ahead of Durga Puja

Protests Hit Retail Ahead of Durga Puja

Rediff.com7 Sep 2024

West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.

Govt may hike local content requirement

Govt may hike local content requirement

Rediff.com20 May 2024

The government is planning to tweak its procurement policy to give a fillip to domestic manufacturing. The industry department has floated a proposal to raise the minimum local content requirement for public procurement for Class-I and -II suppliers from 50 per cent currently to 70 per cent, and 20 per cent as of now to 50 per cent, respectively.

For how long freebies can be given to migrant workers? SC asks Centre

For how long freebies can be given to migrant workers? SC asks Centre

Rediff.com9 Dec 2024

The Supreme Court of India expressed concerns about the long-term sustainability of providing free rations to migrant workers, emphasizing the need for job creation and capacity building instead. The court's remarks came during a hearing on the ongoing issue of providing relief to migrant workers, a matter that gained prominence during the COVID-19 pandemic. The court questioned the government's reliance on freebies and stressed the importance of creating opportunities for migrant workers to become self-sufficient. The debate highlighted the challenges of balancing immediate relief with long-term economic solutions for vulnerable populations.

Who will win the ICC Women's T20 WC?

Who will win the ICC Women's T20 WC?

Rediff.com2 Oct 2024

Bangladesh will take on Scotland in the tournament opener in an afternoon fixture followed by a clash between Asian teams Pakistan and Sri Lanka later in the day at Sharjah.

Warning! Trump 2.0 Will Be Very Different

Warning! Trump 2.0 Will Be Very Different

Rediff.com8 Jan 2025

'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.

Is there any bomb in my bag, asks flyer at Kochi airport; arrested

Is there any bomb in my bag, asks flyer at Kochi airport; arrested

Rediff.com11 Aug 2024

The Cochin International Airport Limited (CIAL) on Sunday said Manoj Kumar, 42, who was scheduled to fly from Cochin to Mumbai by an Air India flight on Sunday morning made an 'alarming' comment to a Central Industrial Security Force (CISF) officer at the x-ray baggage inspection counter.

Trump picks anti-vaccine activist as health secretary

Trump picks anti-vaccine activist as health secretary

Rediff.com15 Nov 2024

President-elect Donald Trump announced a slate of key Cabinet nominations, including tapping former Democratic presidential candidate Robert F. Kennedy Jr. as his Secretary of Health and Human Services and former Congressman Doug Collins of Georgia as Secretary for Veterans Affairs. Trump also named Jay Clayton as US Attorney for the Southern District of New York, Todd Blanche as Deputy Attorney General, and Dean John Sauer as Solicitor General of the United States.

ONDC likely to start levying small user charges on each transaction

ONDC likely to start levying small user charges on each transaction

Rediff.com2 Jul 2024

The government-backed Open Network for Digital Commerce (ONDC) is likely to start levying user charges in the current financial year.

Villupuram reels under record floods, railway suspends ops

Villupuram reels under record floods, railway suspends ops

Rediff.com3 Dec 2024

Villpuram district in north Tamil Nadu continued to reel under unprecedented flooding on Monday following extremely heavy rainfall, virtually blocking access to villages and residential colonies as bridges and roads overflowed, inundating huge acreage of standing crops and leaving passengers stranded as rail and road traffic was hit.

I&B holds meet to discuss Big Tech revenue sharing

I&B holds meet to discuss Big Tech revenue sharing

Rediff.com13 Jun 2024

The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.

'My Manager Asked Me To Resign Without Notice'

'My Manager Asked Me To Resign Without Notice'

Rediff.com21 Aug 2024

You can ask for written communication from your HR manager seeking an explanation about your resignation. Please mark the copies to your senior authorities as well as top executives especially if you feel you are being harassed, suggests rediffGURU Pradeep Pramanik.

New Toll Data Collection Tool A Privacy Risk?

New Toll Data Collection Tool A Privacy Risk?

Rediff.com17 Sep 2024

The implementation of this toll collection system, which will eventually eradicate toll booths, necessitates the fitting of an on-board unit (OBU) in every vehicle that can track a vehicle's location in real time.

Dharavi redevelopment: No land transfer to Adani group

Dharavi redevelopment: No land transfer to Adani group

Rediff.com16 Jun 2024

The multi-crore Dharavi slum redevelopment project involves no land transfer to the Adani group but to the Maharashtra government's departments, and the Ahmedabad-based conglomerate, as a project developer, will build houses that will be handed over to the same departments for allotment to residents of Asia's biggest slums, sources said. Denying allegations of land grab made by MP Varsha Gaikwad, sources close to the project said land parcels are to be transferred only to Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA) of the state government's housing department.

HUL gets Rs 963 cr Income Tax demand notice

HUL gets Rs 963 cr Income Tax demand notice

Rediff.com28 Aug 2024

Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax Department and will go in for an appeal against the order. The notice relates to non-deduction of TDS on payment of Rs 3,045 crore to GlaxoSmithKline Consumer Healthcare (GSKCH) for the acquisition of Intellectual Property Rights of the Health Foods Drinks (HFD) business consisting of brands as Horlicks, Boost, Maltova, and Viva, according to a recent exchange filing.

US-India: A Chicken And Egg Situation

US-India: A Chicken And Egg Situation

Rediff.com20 Sep 2024

Delhi's appeasement strategy may now translate as more mega arms deals with the US, generating substantial business and job creation in the American economy. Make no mistake, Americans will use it to pressure India, predicts Ambassador M K Bhadrakumar.

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Rediff.com31 Aug 2024

The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio investor to transition seamlessly into foreign direct investments (FDI) once the FPI surpasses the 10 per cent ownership threshold in a company. This move stems from multiple requests by foreign investors seeking to streamline the reporting requirements that arise when their stakes in Indian firms cross the 10 per cent mark.

Cyclone Fengal causes unprecedented rainfall in Pondy

Cyclone Fengal causes unprecedented rainfall in Pondy

Rediff.com1 Dec 2024

After making landfall near Puducherry on November 30, Cyclone Fengal weakened on Sunday, but torrential downpour under its influence paralysed the union territory, with the Army stepping in to evacuate stranded persons in inundated streets.

GST collection rises 8% to Rs 1.74 lakh cr in Jun

GST collection rises 8% to Rs 1.74 lakh cr in Jun

Rediff.com1 Jul 2024

The gross GST collection increased 8 per cent to Rs 1.74 lakh crore in June, sources said on Monday. The government, however, has discontinued the official release of monthly GST collection data, they added. Sources said the gross Goods and Services Tax (GST) collection so far this fiscal (April-June) stood at Rs 5.57 lakh crore.

Maha suspends IPS officer for allowing hoarding without DGP office nod

Maha suspends IPS officer for allowing hoarding without DGP office nod

Rediff.com26 Jun 2024

A notification issued by the state home department on Friday said the IPS officer, as the then Government Railway Police commissioner, permitted the erection of the hoarding without taking mandatory permission from the office of Maharashtra director general of police.

Income Tax dept begins scrutiny in reassssment cases for AY-2018-19

Income Tax dept begins scrutiny in reassssment cases for AY-2018-19

Rediff.com1 Aug 2024

The income-tax (I-T) department has started scrutinising cases for the assessment year (AY) 2018-19 to determine which of them need to be reopened, a process that might result in a raft of tax notices. This follows this year's Union Budget move to reduce the time limit for tax reassessment from 10 years to five in cases of escaped income. The new provision becomes effective on September 1 and will make past assessments for AY 2018-19 time-barred.

Hindu group endorses Trump over Harris for US President

Hindu group endorses Trump over Harris for US President

Rediff.com7 Sep 2024

Hindus for America First, a newly created grassroots organisation, has announced it will endorse Republican presidential candidate Donald Trump and launch a campaign against Democratic nominee Vice President Kamala Harris in the key battleground states of Pennsylvania, Georgia and North Carolina.

Modi To Finalise 100-Day Agenda After Budget

Modi To Finalise 100-Day Agenda After Budget

Rediff.com10 Jul 2024

A lot of the 100-day programmes would be 'milestone-based' with timelines for achieving targets for social-sector schemes.

How to make India an electronic & semiconductor products nation

How to make India an electronic & semiconductor products nation

Rediff.com11 Jul 2024

A task force set up by the Ministry of Electronics and Information Technology (Meity) for transforming India into an "electronic and semiconductor products" nation is on the verge of finalising its report, which is likely to recommend an allocation of Rs 44,000 crore between 2024 and 2030 to support homegrown companies in their quest to develop products and build global brands. The task force's recommendations include significant incentives: Rs 15,000 crore dedicated to electronic products (systems), Rs 11,000 crore for semiconductor products, and Rs 18,000 crore for various other incentives such as talent development, common infrastructure, logistics, and technology & IP (intellectual property) acquisition, a member of the panel revealed.

Met the 'Department of Big Moves'?

Met the 'Department of Big Moves'?

Rediff.com22 Jan 2019

This whirlwind of activity only confirms that rushing around creating an impression of pompous busy-ness is not the same thing as solving problems, argues Mitali Saran.

India remains world's largest growing economy, says IMF

India remains world's largest growing economy, says IMF

Rediff.com23 Oct 2024

India remains the largest growing economy in the world, a senior official from the International Monetary Fund said, observing that the country's macroeconomic fundamentals are good. "India is said to remain the largest growing economy in the world. We project growth at seven per cent in FY24-25, supported by recovery in rural consumption, as there have been favourable harvests.

'Trump's Win Won't Affect Skilled Immigrants'

'Trump's Win Won't Affect Skilled Immigrants'

Rediff.com27 Nov 2024

'As far as skilled immigration is concerned, the US needs Indian skills and Indian talent, and there are no two opinions about it even among US companies.'

Shift Of Power In Parliament Post Polls

Shift Of Power In Parliament Post Polls

Rediff.com13 Jun 2024

The increased numbers of the Opposition bloc would mean that their MPs are likely to head several more panels than the four that they did by the end of the term of the 17th Lok Sabha.

Fit-again Shami nears India comeback

Fit-again Shami nears India comeback

Rediff.com9 Aug 2024

Late last month in Kolkata, Shami expressed a desire to first play for Bengal before making his return to the national team. He also participated informally in motivational and fitness sessions with state players.

2024: Top 10 International Films

2024: Top 10 International Films

Rediff.com7 Dec 2024

Aseem Chhabra lists his favourite 2024 films that he watched at film festivals held in Berlin, Cannes, Toronto and India.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

'No Intention Of A Takeover in British Telecom'

'No Intention Of A Takeover in British Telecom'

Rediff.com22 Aug 2024

'We operate in 16 countries already, and therefore adding the UK to it, and beginning a chapter in the European continent is the next step.'