News for 'Directors General of Customs'

Suez, de-globalization, and a Semiconductor Fab for India

Suez, de-globalization, and a Semiconductor Fab for India

Rediff.com31 Mar 2021

'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.

Vested interests jeopardising AirAsia: Tata Sons

Vested interests jeopardising AirAsia: Tata Sons

Rediff.com13 Jun 2014

Swamy had written to the Election Commission, the DGCA and the Civil Aviation Ministry not to grant a license to the carrier.

Buying life insurance? Please read this

Buying life insurance? Please read this

Rediff.com7 Aug 2018

Agents often influence customers into buying new products every year instead of continuing with their existing policies

Telcos face a new challenge: More voice calls, but less revenue

Telcos face a new challenge: More voice calls, but less revenue

Rediff.com10 Feb 2019

From spending a little less than three hours on making voice calls, Indians are spending well over 5 hours. So, while people make more calls, they are spending less than ever, reports Romita Majumdar.

Why Anmol Ambani is Reliance Capital's lucky mascot

Why Anmol Ambani is Reliance Capital's lucky mascot

Rediff.com27 Sep 2016

The Anmol effect: R-Cap shares jump 40% since junior Ambani joined the board

Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail

Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail

Rediff.com5 Nov 2020

Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.

Coronavirus may lead to delayed car deliveries

Coronavirus may lead to delayed car deliveries

Rediff.com6 Feb 2020

After years of giving free passes to counterparts from Korea, Japan, US in the Indian auto market, Chinese automakers had planned a major push to grab the fifth largest car market in the world. But the shutdown of factories and logistics hubs in the country following the outbreak of coronavirus is slowly constricting the business of Chinese auto majors which have recently entered India.

With Covid-19 claims of Rs 300cr, insurance cos get a rate card

With Covid-19 claims of Rs 300cr, insurance cos get a rate card

Rediff.com4 Jul 2020

Insurance experts said since it may be difficult to set a tariff or fixed rates for Covid-19 treatment, an indicative rate chart has been proposed.

How Amazon Prime Video is pushing the envelope

How Amazon Prime Video is pushing the envelope

Rediff.com18 Jan 2021

From convincing film-makers to do shows for online, to having a slate with some of the best films and shows, Amazon Prime Video has come a long way since it came to India four years ago.

Luxury car sales rose a mere 4.9% in 2018, no uptick on horizon

Luxury car sales rose a mere 4.9% in 2018, no uptick on horizon

Rediff.com12 Jan 2019

If one leaves aside 2016, when sales declined 4.68 per cent, the pace of growth in 2018 is the slowest in a decade, according to IHS Markit, a sales forecast and market research firm.

'Black day' for Central GST enforcers today

'Black day' for Central GST enforcers today

Rediff.com30 Jan 2017

Its officers would wear black bands on Monday, which is also Martyrs day, the IRS Association (Customs and Central Excise) has said.

Banks' rush unlikely for insurer licence

Banks' rush unlikely for insurer licence

Rediff.com16 Aug 2013

Prior RBI permission a hurdle, given its views; business interest needs to be clearer.

If banks bite the broker bullet...

If banks bite the broker bullet...

Rediff.com30 Jan 2015

It will bring in more transparency and reduce mis-selling

Diwali sheen missing from gold sales

Diwali sheen missing from gold sales

Rediff.com25 Oct 2015

In Zaveri Bazar, gold is being traded at Rs 26,920/10 gm

To counter OBOR, India plans to 'bridge' the gap with Asean

To counter OBOR, India plans to 'bridge' the gap with Asean

Rediff.com18 Jul 2017

These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.

How to benefit from the cashless drive

How to benefit from the cashless drive

Rediff.com16 Dec 2016

All payments made via debit and credit cards, net banking and mobile wallets will be entitled to discounts.

Gutka scam: CBI raids residences of Tamil Nadu health minister, DGP

Gutka scam: CBI raids residences of Tamil Nadu health minister, DGP

Rediff.com5 Sep 2018

This is perhaps for the first time the CBI raided a serving police chief of a state.

Why car recalls are spiking in India

Why car recalls are spiking in India

Rediff.com15 Jun 2016

One can see the scale of recalls going up as the market expands.

Did Sitharaman overrule bankers on loan 'mela'?

Did Sitharaman overrule bankers on loan 'mela'?

Rediff.com21 Sep 2019

PSB chiefs tried to argue that liquidity is in surplus in the system and the problem was related to lack of demand in the economy, instead of banks' reluctance to lend, but 'the FM said it is a perception issue that loan is not available, which we need to dispel,', reports Somesh Jha.

Retail's technology therapy to counter 'Amazon Effect'

Retail's technology therapy to counter 'Amazon Effect'

Rediff.com4 Jun 2018

With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.

Reliance set to buy Iran oil after five-year hiatus

Reliance set to buy Iran oil after five-year hiatus

Rediff.com18 Feb 2016

Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran.

New Chevrolet Tavera at Rs 599,000

New Chevrolet Tavera at Rs 599,000

Rediff.com16 Jan 2006

General Motors India on Monday launched a new variant of Chevrolet Tavera priced at Rs 599,000.

Anxious FM seeks expert help to stem rupee fall

Anxious FM seeks expert help to stem rupee fall

Rediff.com19 Aug 2013

The three hour long meeting was attended by Secretaries of departments of Revenue, Expenditure, Financial services and Disinvestment.

Prabhu's new trade policy mum on achieving exports target

Prabhu's new trade policy mum on achieving exports target

Rediff.com6 Dec 2017

Foreign Trade Policy: More incentives for exports, focus on ease of trading

Jio Fiber to be launched on September 5. Here are the details

Jio Fiber to be launched on September 5. Here are the details

Rediff.com12 Aug 2019

Declaring that the plans will come at less than one-tenth of global rates, Ambani said Jio Fiber plans will be priced between Rs 700 to Rs 10,000 per month "to suit every budget".

Telecom panel game for full number portability

Telecom panel game for full number portability

Rediff.com14 Jun 2014

Seeks clarification on a few issues such as enhancement of entry fee and performance bank guarantee from telecom regulator

Kohli and Root have something in common...

Kohli and Root have something in common...

Rediff.com8 Sep 2018

India, England cricket teams unite to unveil Khadi poppy in UK

Chanda Kochhar and 'clawback provisions'

Chanda Kochhar and 'clawback provisions'

Rediff.com4 Feb 2019

'If she contests it, then these people will have to fight it in court.'

Why is RBI allergic to 55-year-old bankers?

Why is RBI allergic to 55-year-old bankers?

Rediff.com6 Oct 2020

Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.

Cars in slow lane, but tyre makers see demand uptick

Cars in slow lane, but tyre makers see demand uptick

Rediff.com29 Apr 2019

Domestic tyre demand is seen to grow by 7-9 per cent over the next five years.

Global turbulence behind market crash; fundamentals strong: FM

Global turbulence behind market crash; fundamentals strong: FM

Rediff.com24 Aug 2015

Attributing the stock market crash to global turbulence, Finance Minister Arun Jaitley on Monday said the government and RBI were watching the situation and hoped that things will stabilise once the transient impact is over.

Banks form GM-level teams for merger ease

Banks form GM-level teams for merger ease

Rediff.com5 Sep 2019

Banks are also weighing the option of hiring experts for help in specialised areas.

How brands in India are going digital

How brands in India are going digital

Rediff.com6 Sep 2018

Apart from the growing adoption of the internet in the country, brands are drawn to the agility of the medium, its targeted and data driven approach and the increasing cost of offline channels for sales and distribution.

TCS Q1 net profit up 10% to Rs 6,317 crore

TCS Q1 net profit up 10% to Rs 6,317 crore

Rediff.com14 Jul 2016

The revenue also rose 14.2 per cent to Rs 29,305 crore (Rs 293.05 billion).

OnePlus dials into Bharat to beat competition

OnePlus dials into Bharat to beat competition

Rediff.com27 Oct 2019

In October, OnePlus said, it recorded Rs 500 crore of revenue in only the first two days of the festive sale on Amazon.in. The firm is looking at going beyond the metro cities by scaling up its offline stores to over 5,000 and setting up more than 100 'experience centres' in the top 50 cities by next year.

Service tax dept may disrupt your grand party

Service tax dept may disrupt your grand party

Rediff.com13 Aug 2014

To get what it thinks are its dues, its brass have directed; construction, realty, renting of property, personnel supply, security & goods transport among those under lens

Why India's ATMs are vulnerable to cyber attack

Why India's ATMs are vulnerable to cyber attack

Rediff.com13 Dec 2016

'The absence of cyber security framework for ATMs is like a dream come true for hackers.'

5 changes that will impact your finances in 2015-16

5 changes that will impact your finances in 2015-16

Rediff.com6 Apr 2015

There will be higher charges for bank account-holders.

With Blazo, Mahindra believes it has a winner in trucks segment

With Blazo, Mahindra believes it has a winner in trucks segment

Rediff.com18 Nov 2018

A steady climb in volumes has helped the company double its market share in the segment to 5 per cent in the first six months of the financial year from the year-ago period and it has now set its sights on a 10 per cent share in the next two years.

SBI Q3 net dips 4.2%; confident of higher loan growth

SBI Q3 net dips 4.2%; confident of higher loan growth

Rediff.com4 Feb 2021

The country's largest lender SBI on Thursday reported a 4.20 per cent decline in consolidated December quarter net at Rs 6,257.55 crore, largely because of a higher base in the year-ago period where it had benefitted from a Rs 4,500 crore one-off income. On a standalone basis, the city-headquartered lender's net profit came in at Rs 5,196.22 crore as against Rs 5,583.36 crore in the year-ago period and Rs 4,574.16 crore in the preceding September quarter. SBI chairman Dinesh Kumar Khara told reporters that the year-ago period had seen the resolution of the Essar Steel loans, resulting in an over Rs 4,000 crore interest income and Rs 500 crore other income benefit.