News for 'Energy and Business Affairs'

'We may lose a rupee now, but we will gain more later'

'We may lose a rupee now, but we will gain more later'

Rediff.com8 Sep 2021

'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.'

For the forth straight day, Congress disrupts RS business

For the forth straight day, Congress disrupts RS business

Rediff.com11 Dec 2015

Because of the protest, Congress member Bhaskar Rapolu even refused to lay the Report of the Parliamentary Standing Committee on Energy.

India joins 11 nations in another US-led China-centric group

India joins 11 nations in another US-led China-centric group

Rediff.com23 May 2022

India on Monday joined a US-led initiative to set up an Indo-Pacific Economic Framework to bind partner countries to achieve common goals, with Prime Minister Narendra Modi asserting that New Delhi will work with the stakeholders to make it an "inclusive and flexible" structure to pave the way for development, peace and prosperity in the region.

Modi meets French Prez Macron, both leaders may discuss Ukraine crisis

Modi meets French Prez Macron, both leaders may discuss Ukraine crisis

Rediff.com5 May 2022

Macron held a tete-a-tete with Modi before the delegation-level talks at the Elysee Palace - the official residence of the French president.

'Time we show maturity to do business,' Swaraj tells Pakistan during 2-day visit

'Time we show maturity to do business,' Swaraj tells Pakistan during 2-day visit

Rediff.com9 Dec 2015

India on Wednesday extended a hand of friendship to Pakistan, saying it was time the two countries display "maturity and self-confidence" to do business with each other.

Oswal vs Oswal: Another murky business family feud

Oswal vs Oswal: Another murky business family feud

Rediff.com22 Apr 2016

This is the first time the fight is between mother and son. Both sides don't look in the mood to relent: Advisors and spin doctors have been hired, lawyers have been consulted.

Let others step up, says Tharoor on contesting CWC elections

Let others step up, says Tharoor on contesting CWC elections

Rediff.com16 Feb 2023

Senior Congress leader Shashi Tharoor on Thursday virtually ruled out contesting CWC polls if the party decides to hold them, saying he is not considering any further elections after having fought the AICC presidential polls and it is "for others to step forward".

Modi meets Bill Gates; discusses climate change

Modi meets Bill Gates; discusses climate change

Rediff.com2 Nov 2021

Prime Minister Narendra Modi on Tuesday met Microsoft co-founder and billionaire philanthropist Bill Gates on the sidelines of the climate summit here and discussed ways to further sustainable development, steps to mitigate climate change and vaccine research. The meeting between Modi and the American business magnate, whose foundation is focusing on fighting the COVID-19 pandemic, took place after the former launched the Initiative for the Resilient Island States (IRIS) for developing infrastructure of small island nations. Prime Minister Modi expressed appreciation for the work being done by the Bill and Melinda Gates Foundation in India, the Ministry of External Affairs (MEA) said in a statement.

The bizarre tale of Cairn retro tax

The bizarre tale of Cairn retro tax

Rediff.com6 Mar 2022

The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.

Cooperation must for regional security: Modi at Central Asia summit

Cooperation must for regional security: Modi at Central Asia summit

Rediff.com27 Jan 2022

India and five Central Asian countries on Thursday decided to establish a joint working group on Afghanistan at the senior officials' level, ministry of external affairs secretary (West) Reenat Sandhu said.

Modi meets top American CEOs in first engagement in US

Modi meets top American CEOs in first engagement in US

Rediff.com23 Sep 2021

Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.

Reliance to conclude Aramco deal this year: Ambani

Reliance to conclude Aramco deal this year: Ambani

Rediff.com24 Jun 2021

Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.

ASK ANU: 'I like a guy who's married...'

ASK ANU: 'I like a guy who's married...'

Rediff.com12 Sep 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

'Government is doing the right thing'

'Government is doing the right thing'

Rediff.com27 Jul 2022

'It is building the country's infrastructure, and delivering it very efficiently.'

Deepak Kochhar, the man in the muddle

Deepak Kochhar, the man in the muddle

Rediff.com10 Apr 2018

How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.

China sanctions Pompeo, 27 other Americans

China sanctions Pompeo, 27 other Americans

Rediff.com21 Jan 2021

The sanctioned individuals and their immediate family members are prohibited from entering the mainland, Hong Kong and Macao of China. They and companies and institutions associated with them are also restricted from doing business with China, according to the statement by the Chinese foreign ministry.

Race to replace UK PM Johnson gains pace after Sunak's announcement

Race to replace UK PM Johnson gains pace after Sunak's announcement

Rediff.com9 Jul 2022

Sunak joins fellow Indian-origin candidate Suella Braverman, the UK Attorney General who is among the early Tory MPs to announce her plan to contest.

3 oil majors in race for BPCL's 53% pie: Sources

3 oil majors in race for BPCL's 53% pie: Sources

Rediff.com29 Jul 2020

According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya Pradesh - 16,309 petrol pumps, 6,113 LPG distributor agencies and more than a fifth of 256 aviation fuel stations in the country.

Ukraine: India Refuses To Toe US Line

Ukraine: India Refuses To Toe US Line

Rediff.com16 Apr 2022

The Americans have expended a lot of diplomatic energy to coax India into toeing their line but India has refused to buckle under pressure. As Foreign Minister Subrahmanyam Jaishankar said, India has not taken anyone's side but its own side, points out Virendra Kapoor.

Shah, Sitharaman stand tall among ministers

Shah, Sitharaman stand tall among ministers

Rediff.com22 Jul 2021

Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.

Why ED is the best bet for Kochars to get out of mess

Why ED is the best bet for Kochars to get out of mess

Rediff.com23 Sep 2020

The agency's poor track record in convictions is the only light at the end of a rather long tunnel for the couple, observes Shyamal Majumdar.

PM hits the ground running, meets CEOs in Houston

PM hits the ground running, meets CEOs in Houston

Rediff.com22 Sep 2019

"Getting straight to business. PM @narendramodi just concluded a fruitful interaction with top energy sector CEOs at a Roundtable meeting in #Houston. Discussion focussed on working together for energy security and expanding mutual investment opportunities between India & US," MEA Spokesperson Raveesh Kumar said in a tweet.

Modi to visit Iran to boost economic ties

Modi to visit Iran to boost economic ties

Rediff.com17 May 2016

The visit will provide thrust to expand bilateral cooperation

PM arrives in Germany; will seek greater biz ties

PM arrives in Germany; will seek greater biz ties

Rediff.com10 Apr 2013

Singh is accompanied by External Affairs Minister Salman Khurshid, Renewable Energy Minister Farooq Abdullah, Human Resource Development Minister M M Pallam Raju and Science and Technology Minister S Jaipal Reddy.

The nefarious world of C Sivasankaran

The nefarious world of C Sivasankaran

Rediff.com30 Apr 2018

Corporate ministry documents show that the Siva's firm kept taking loans from public sector banks like State Bank of India, Punjab National Bank which gradually turned to bad loans.

Modi Has Enormous Curiosity About The World

Modi Has Enormous Curiosity About The World

Rediff.com24 May 2022

'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.

Powerful daughters of India Inc

Powerful daughters of India Inc

Rediff.com27 Oct 2009

There is an increasing involvement of daughters in a leadership role in family businesses when their fathers are reaching the end of their careers as active entrepreneurs.

Modi to embark on 3-day US visit today

Modi to embark on 3-day US visit today

Rediff.com22 Sep 2021

The main elements of the programme are bilateral meetings with the US leadership, participation in the Quad Leaders' Summit, address at the UN General Assembly and business interactions.

Jet gets another EoI; deadline for resolution plan extended

Jet gets another EoI; deadline for resolution plan extended

Rediff.com19 Feb 2020

A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.

'Good interaction': PM Modi after meeting with Germany's Merkel

'Good interaction': PM Modi after meeting with Germany's Merkel

Rediff.com30 May 2017

The two leaders enjoyed the sunshine with a walk in the grounds of Schloss Meseberg, an 18th century Baroque castle in the Brandenburg district of Germany.

Modi meets 42 global CEOs, pushes Startup India

Modi meets 42 global CEOs, pushes Startup India

Rediff.com26 Sep 2019

Chairing an exclusive roundtable with 42 global CEOs and top executives from across 20 sectors, Modi stressed on continued political stability in India, predictability of policy, and pro-development and pro-growth policies.

Canadian PM Justin Trudeau to visit India from February 17-23

Canadian PM Justin Trudeau to visit India from February 17-23

Rediff.com22 Jan 2018

During the visit, the prime ministers will reaffirm the close friendship between the two countries, and discuss ways to further deepen bilateral cooperation.

The Soul Catcher

The Soul Catcher

Rediff.com29 Apr 2022

Yamini has superpowers that help her intercept souls headed to heaven or the afterworld or for reincarnation and spirits them away, on another course, to those in need.

Budget may open window for big-ticket foreign investments

Budget may open window for big-ticket foreign investments

Rediff.com26 Jan 2021

The Centre plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.

India, UK unveil 10-year roadmap to boost trade

India, UK unveil 10-year roadmap to boost trade

Rediff.com4 May 2021

Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK, to be signed off at a virtual summit between Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA). "Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer," Johnson said.

'Modi hai to mumkin hai', says Pompeo in India policy speech

'Modi hai to mumkin hai', says Pompeo in India policy speech

Rediff.com13 Jun 2019

Pompeo will travel to India, Sri Lanka, Japan and South Korea from June 24 to 30. His four-nation is aimed at deepening US partnerships in the strategic Indo-Pacific region.

Why a 3-term Shiv Sena MLA joined Congress

Why a 3-term Shiv Sena MLA joined Congress

Rediff.com5 Aug 2021

'It's better to part ways on a happy note than staying together nursing hard feelings.'

PE/VC investments into India from China, Hong Kong fall 72% in CY20

PE/VC investments into India from China, Hong Kong fall 72% in CY20

Rediff.com30 Dec 2020

The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.

Indonesia rolls out red carpet to Indian companies

Indonesia rolls out red carpet to Indian companies

Rediff.com23 Nov 2005

The Indonesian delegation's visit to HAL highlighted India's capability to produce high-quality air planes and other indigenous products.

Indian Wells Tennis: Murray wins opener; Raducanu ousted

Indian Wells Tennis: Murray wins opener; Raducanu ousted

Rediff.com9 Oct 2021

Raducanu falls in first match since US Open triumph.