News for 'Exchange of Information'

China succumbs to pressure, shares Covid situation with WHO

China succumbs to pressure, shares Covid situation with WHO

Rediff.com30 Dec 2022

They agreed to continue technical exchanges to help end the epidemic worldwide as soon as possible, it said.

2500-kg drug seizure: Kerala court sends Pak national to jail for 14 days

2500-kg drug seizure: Kerala court sends Pak national to jail for 14 days

Rediff.com16 May 2023

The magistrate court has remanded the accused Pakistani national Subair, who was arrested by the Narcotics Control Bureau to 14 days of judicial custody.

When I Met India's First Miss World

When I Met India's First Miss World

Rediff.com22 Feb 2024

Miss World 2024 will be crowned in India soon. Long before Aishwarya Rai and Priyanka Chopra, Yukta Mukhey and Diana Hayden, a beautiful woman from Bombay was crowned Miss World. In 1966. Reita Faria was India's first Miss World. Vaihayasi Pande Daniel/ Rediff.com met the 80 year old in Dublin recently, still as elegant, still as attractive as she was all those years ago.

R-ADAG to launch first telecom tower exchange

R-ADAG to launch first telecom tower exchange

Rediff.com13 Aug 2007

The Reliance Anil Dhirubhai Ambani group is setting up TowerX, a tower tenancy exchange platform, through which mobile operators

Indian economy to grow at 6.3% in FY24: World Bank

Indian economy to grow at 6.3% in FY24: World Bank

Rediff.com3 Oct 2023

The Indian economy is projected to grow at 6.3 per cent in current financial year aided by investment and domestic demand. According to a World Bank report released on Tuesday, India continues to show resilience against the backdrop of a challenging global environment. In India, which accounts for the bulk of South Asia region, growth is expected to remain robust at 6.3 per cent in 2023-24, India Development Update of the World Bank said.

Ethics panel recommends expelling Mahua Moitra from LS, Cong MP votes in favour

Ethics panel recommends expelling Mahua Moitra from LS, Cong MP votes in favour

Rediff.com9 Nov 2023

According to sources, Preneet Kaur, a Congress MP, is believed to have voted in support of the report.

Mukesh Ambani, Gautam Adani top the Fortune India Rich List for 2023

Mukesh Ambani, Gautam Adani top the Fortune India Rich List for 2023

Rediff.com6 Sep 2023

Mukesh Ambani, the patriarch of Reliance Industries (RIL), and Gautam Adani, the chairman of Adani Group of companies, have secured the top positions on the Fortune India Rich List, created in partnership with Waterfield Advisors, with respective wealth of $99.7 billion and $63.71 billion. With a wealth of $34.6 billion, the Mistry family of Shapoorji Pallonji Group holds the third position on the list, while the Poonawalla family, owners of vaccine maker Serum Institute, with a wealth of $32.9 billion, stands fourth. Stockbroker and founder of D-Mart-branded grocery stores, Radhakishan Damani, claims the fifth spot on the India Rich List with a wealth of $23.4 billion

Sebi, exchanges tighten vigil for Budget day trading

Sebi, exchanges tighten vigil for Budget day trading

Rediff.com27 Feb 2015

The day, being a Saturday, may add to trading volumes and volatility

Orphaned teens seek PM's help to exchange Rs 96,500 in old notes

Orphaned teens seek PM's help to exchange Rs 96,500 in old notes

Rediff.com26 Mar 2017

The cash was found in a box earlier this month during a police survey at one of their locked paternal houses in Sarawada village.

India, US begin Yudh Abhyas mega military drill in Uttarakhand

India, US begin Yudh Abhyas mega military drill in Uttarakhand

Rediff.com15 Nov 2022

The armies of India and the US on Tuesday began an over two-week mega military exercise at a military facility in Uttarakhand with the aim of exchanging best practices and tactics in sync with growing defence ties between the two countries.

Asad Ahmad's maternal uncle to collect his body for last rites

Asad Ahmad's maternal uncle to collect his body for last rites

Rediff.com14 Apr 2023

A police official said a large number of policemen be deployed during the last rites of Asad to avoid any untoward incident.

Merged HDFC Bank set to push Reliance off its perch as top weight

Merged HDFC Bank set to push Reliance off its perch as top weight

Rediff.com10 Jul 2023

With Housing Development Finance Corporation's (HDFC's) merger with HDFC Bank becoming effective on July 1, the merged entity is set to become the top weight in the benchmarks S&P BSE Sensex and the National Stock Exchange Nifty indices, dislodging the country's most valuable company, Reliance Industries (RIL), from its perch. HDFC will stop trading after July 13. At present, RIL has a weighting of close to 12 per cent in the Sensex and 10.3 per cent in the broad-based Nifty. Meanwhile, HDFC Bank and HDFC have weights of 9.9 per cent and 6.8 per cent in the Sensex and 8.8 per cent and 6 per cent in the Nifty, respectively.

Does Your Child Have Anger Issues?

Does Your Child Have Anger Issues?

Rediff.com20 Oct 2023

rediffGURU Dr Aarti Bakshi, a psychologist and school counsellor helps you understand and improve your relationship with your child.

Ajit Pawar elected NCP president on June 30, group tells EC

Ajit Pawar elected NCP president on June 30, group tells EC

Rediff.com5 Jul 2023

Maharashtra Deputy Chief Minister Ajit Pawar-led Nationalist Congress Party has informed the Election Commission that he has been elected national president of the party.

4 Tips To Communicate Well At Work

4 Tips To Communicate Well At Work

Rediff.com6 Oct 2023

Communication is both a science and an art. And with a little planning and practice, everyone can play to their strengths and leverage this capability to their advantage, says Sonica Aron.

Sebi wants govt banks as 'public' shareholders in stock exchanges

Sebi wants govt banks as 'public' shareholders in stock exchanges

Rediff.com19 Mar 2014

The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.

Private equity dealings at listed firms to face shareholders' test

Private equity dealings at listed firms to face shareholders' test

Rediff.com23 Jul 2023

The special privileges granted to private equity (PE) investors by listed companies are set to go through shareholders' test. Under new rules introduced by the Securities and Exchange Board of India (Sebi), all such arrangements will require shareholders' nod by way of special resolutions. Legal experts say arrangements that are unfair to other public shareholders may not pass the muster.

Claims bogus, false, not a penny came from China, NewsClick editor tells HC

Claims bogus, false, not a penny came from China, NewsClick editor tells HC

Rediff.com9 Oct 2023

NewsClick founder Prabir Purkayastha, arrested in a case lodged under anti-terror law Unlawful Activities (Prevention) Act (UAPA) for allegedly receiving money to spread pro-China propaganda, told the Delhi high court on Monday that the allegations against him were "false" and "bogus", and "not a penny has come from China".

Sony likely to seek forensic audit of Zee Entertainment, say lawyers

Sony likely to seek forensic audit of Zee Entertainment, say lawyers

Rediff.com14 Jun 2023

Japan's Sony Corporation, which is merging its Indian television content company with Zee Entertainment Enterprises, is likely to seek a fresh forensic audit of the company after market regulator Sebi levelled fund diversion charges against Zee promoters, top lawyers said. The Sebi also barred Zee founder Subhash Chandra and its Chief Executive Officer (CEO) Puneet Goenka from holding any position as director. "As the Sebi has made fund diversion charges, which may change the nature of audited reports already filed, the acquirer (Sony) can seek a fresh forensic audit," said H P Ranina, a corporate lawyer.

'India can secure release of naval officers'

'India can secure release of naval officers'

Rediff.com2 Nov 2023

'There is a view that there is a Pakistan angle to this.' 'Pakistan has a large presence in Qatar and would want India to be blacklisted.'

HDFC Bank-HDFC's combined loan book up 13.1%; deposits up 16.2% in Q1

HDFC Bank-HDFC's combined loan book up 13.1%; deposits up 16.2% in Q1

Rediff.com6 Jul 2023

The merged entity's deposits grew by 16.2 per cent YoY at Rs 20.63 trillion at the end of the first quarter. Sequentially, the merged entity's advances rose by about 0.7 per cent to Rs 22.30 trillion as of March 31, 2023. However, the pace of deposit mobilisation was higher at 1.2 per cent over Rs 20.39 trillion as of March 31, 2023.

Cong MLA Mamman Khan held for Nuh violence; Sec 144 clamped, Internet shut

Cong MLA Mamman Khan held for Nuh violence; Sec 144 clamped, Internet shut

Rediff.com15 Sep 2023

Congress MLA Mamman Khan has been arrested in connection with the July 31 Nuh violence case, police said on Friday.

Adani to focus on prepaying loans, not to add more debt

Adani to focus on prepaying loans, not to add more debt

Rediff.com24 Apr 2023

Adani Group is expected to report a 20 per cent rise in its earnings before interest, tax, depreciation, and amortisation (Ebitda) at Rs 61,200 crore for the year that ended in March 2023 (2022-23, or FY23), according to a note submitted by the group to lenders recently. The group had earned Ebitda of Rs 57,299 crore in the preceding financial year that ended in March 2022 (2021-22). The group's gross debt was Rs 2.27 trillion as of March 31, 2023, and has projected to not take on additional debt until it lowers its existing one.

What Are RBI's Challenges In 2024?

What Are RBI's Challenges In 2024?

Rediff.com9 Feb 2024

The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.

Tourism fetches Rs 3.22 trillion foreign exchange in 3 years

Tourism fetches Rs 3.22 trillion foreign exchange in 3 years

Rediff.com27 Apr 2015

India earned over Rs 3.22 lakh crore (Rs 3.22 trillion) worth of foreign exchange through tourism.

Mahua Moitra expelled from Lok Sabha for 'unethical conduct'

Mahua Moitra expelled from Lok Sabha for 'unethical conduct'

Rediff.com9 Dec 2023

Trinamool Congress leader Mahua Moitra was expelled on Friday from the Lok Sabha after the House adopted the report of its Ethics Committee that held her guilty of accepting gifts and illegal gratification from a businessman to further his interest.

Cooperate fully with Canadian probe into Nijjar killing, Blinken urges India

Cooperate fully with Canadian probe into Nijjar killing, Blinken urges India

Rediff.com29 Sep 2023

External Affairs Minister S Jaishankar on Friday said that the Canadian allegations with regard to the death of a Khalistani separatist was discussed during his meeting with the Secretary of State Tony Blinken a day earlier and noted that the two delegations came out better informed after the meeting.

Why All Is Not Well In Bharat Gears Family

Why All Is Not Well In Bharat Gears Family

Rediff.com26 Aug 2023

The sons learned that they had been completely disinherited and that Surinder Kanwar's new wife would inherit everything.

Strong FPI flows, buoyant retail sentiment to keep bulls snorting

Strong FPI flows, buoyant retail sentiment to keep bulls snorting

Rediff.com3 Jul 2023

Indices across Indian equity markets have edged towards new record highs before undergoing a small correction in the past few sessions. The National Stock Exchange Nifty has gained 20 per cent in the past year; mid-caps (up 33 per cent), small-caps (up 31 per cent), and micro-caps (up 44 per cent) have done better. Several factors have precipitated this rally.

India Inc may feel heat of new governance norms, higher compliance

India Inc may feel heat of new governance norms, higher compliance

Rediff.com30 Jun 2023

India Inc is staring at significantly higher compliance and governance costs, following the Securities and Exchange Board of India's (Sebi's) latest tightening of disclosure norms and regulations around the filling of key positions, the materiality of information, and third-party transfers. Recently, the securities market regulator amended the Listing Obligations and Disclosure Requirements (LODR) to introduce a raft of changes that will affect how listed companies go about transparency and disclosures. The new framework will further empower public shareholders and soon move towards a 'comply or be penalised regime or comply or explain' in the case of high-value debt-listed entities.

ED points to insider trading in NSE case

ED points to insider trading in NSE case

Rediff.com23 Sep 2022

The Enforcement Directorate's (ED's) chargesheet in the National Stock Exchange (NSE) illegal phone-tapping case points to insider trading during the tenures of Chitra Ramkrishna and Ravi Narain as managing director and chief executive officer of the bourse. The federal agency will soon be sharing the details with the Securities and Exchange Board of India (SEBI) for further inquiry, two people aware of the findings told Business Standard. The ED, which filed its prosecution complaint (commonly known as chargesheet), alleged that Narain and Ramkrishna were the "key conspirators" and had assisted iSec Services to generate money to the tune of Rs 24 crore for exchanging crucial information, the people said.

'India's Cheetah project on track, but that doesn't mean...'

'India's Cheetah project on track, but that doesn't mean...'

Rediff.com17 Sep 2023

'At the moment, there are no challenges to the Cheetah Project. If there are any challenges in the future, these will be addressed as we go forward'

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Rediff.com30 May 2023

The domestic benchmark indices - the S&P BSE Sensex and the National Stock Exchange Nifty50 - had lost close to 1.5 per cent in three days recently before gaining slightly. Notwithstanding weakness and volatility, the Nifty50 has managed to hold on to the 18,000 mark, while the Sensex has managed to stay above the 61,000 level. The performance of the stocks that comprise these front-line indices remains polarised.

India presses for auto info exchange to deal with black money

India presses for auto info exchange to deal with black money

Rediff.com11 Feb 2015

India has called for implementation of the automatic exchange of tax info.

'If you have made good money, book profits'

'If you have made good money, book profits'

Rediff.com30 Oct 2023

'In the next one-and-a-half, two months you'll get decent amount of opportunities in the mid-cap and small-cap sector at lower levels.'

Why Deloitte resigned as Adani Ports' auditor

Why Deloitte resigned as Adani Ports' auditor

Rediff.com13 Aug 2023

Before resigning as an auditor of an Adani Group firm, Deloitte had sought an independent external examination of allegations made by a US short-seller but the company said the allegations had no effect on financial statements and the reasons cited for quitting were not convincing to warrant such a move. In a 163-page filing with stock exchanges relating to Deloitte Haskins & Sells LLP's resignation, Adani Ports and Special Economic Zone (APSEZ) said that in meetings with its leadership, Deloitte indicated concern over a lack of a wider audit role as auditors of other listed Adani companies. However, the firm conveyed to the auditor that it was not within its remit to recommend such appointments as other entities are "completely independent".

ICC World Cup PIX: India beat Bangladesh, continue winning run

ICC World Cup PIX: India beat Bangladesh, continue winning run

Rediff.com19 Oct 2023

Images from the ICC Men's ODI World Cup match between India and Bangladesh at the Maharashtra Cricket Association Stadium in Pune on Thursday, October 19.

Centre gives nod to Delhi minister Atishi for UK visit

Centre gives nod to Delhi minister Atishi for UK visit

Rediff.com7 Jun 2023

The counsel for the Centre said the proposal has been sent to the economic affairs department for further approvals, which would also be processed and the petitioner can apply for requisite visa permits.

Not for giving another chance to exchange old notes: Centre to SC

Not for giving another chance to exchange old notes: Centre to SC

Rediff.com17 Jul 2017

Centre says the very object of demonetisation and elimination of black money will be defeated if a fresh window is given.

NSE co-location case: Chitra Ramkrishna, Anand Subramanian get bail

NSE co-location case: Chitra Ramkrishna, Anand Subramanian get bail

Rediff.com28 Sep 2022

The Delhi high court on Wednesday granted bail to former National Stock Exchange (NSE) head Chitra Ramkrishna and ex group operating officer Anand Subramanian in the co-location scam case being probed by the CBI. Justice Sudhir Kumar Jain said he was granting "statutory bail" to the two former officials of the NSE. A detailed copy of the order is awaited.