News for 'Financial Establishments'

Pahalgam: India ramps up efforts for UN listing of LeT front

Pahalgam: India ramps up efforts for UN listing of LeT front

Rediff.com15 May 2025

An Indian delegation met top officials of the United Nations Office of Counter-Terrorism (UNOCT) and Counter-Terrorism Committee Executive Directorate here even as New Delhi stepped up efforts to designate The Resistance Front, a Lashkar-e-Tayyaba proxy, as a UN-listed terror outfit for its alleged involvement in the Pahalgam attack.

HC grants pre-arrest bail to NewsClick founder, cites prolonged probe

HC grants pre-arrest bail to NewsClick founder, cites prolonged probe

Rediff.com24 Jul 2025

The court said there is nothing on record to suggest that since 2023, Purkayastha was ever called to join the investigations.

Court denies anticipatory bail to actor Ajaz Khan in rape case

Court denies anticipatory bail to actor Ajaz Khan in rape case

Rediff.com16 May 2025

The prosecution has alleged that the victim, also an actor, was induced into a relationship by Khan.

Punjab man arrested for sharing Op Sindoor info with Pak

Punjab man arrested for sharing Op Sindoor info with Pak

Rediff.com3 Jun 2025

Investigations said the accused was engaged in sharing classified details, including troop deployments and strategic locations, posing a threat to national security.

Digipin: Mapping Addresses Digitally

Digipin: Mapping Addresses Digitally

Rediff.com16 Jun 2025

Digipin promises to revolutionise location-based services in India with safeguards.

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Rediff.com4 Jul 2025

Markets regulator Sebi has barred US-based Jane Street Group from the securities markets and directed the group to disgorge unlawful gains of Rs 4,843 crore for allegedly manipulating stock indices through positions taken in derivatives segment. This could be the highest disgorgement amount ever directed by the Securities and Exchange Board of India (Sebi).

Gavaskar To Give Kambli Rs 30,000 Monthly

Gavaskar To Give Kambli Rs 30,000 Monthly

Rediff.com15 Apr 2025

'Gavaskar had wanted to help Kambli ever since he learned about his deteriorating health last year.'

Top 5 Fastest Growing Stocks in 2025

Top 5 Fastest Growing Stocks in 2025

Rediff.com24 Jun 2025

To help you ride the growth trajectory of India's equity markets, we have curated the top five fastest-growing stocks that hold an impressive upside. If you're planning to build a sound portfolio and capitalize on the growth of these leading institutions, it's time you watch these stocks.

Right, not generosity: HC upholds disability pension for soldiers

Right, not generosity: HC upholds disability pension for soldiers

Rediff.com5 Jul 2025

The Delhi High Court has dismissed petitions from the Ministry of Defence challenging disability pension orders for armed forces personnel, emphasizing that such pensions are a right, not an act of generosity, and should not be denied based solely on the location of disability onset or claims of lifestyle diseases.

Gross office space leasing soars 5% in Q2 of 2025: Cushman & Wakefield

Gross office space leasing soars 5% in Q2 of 2025: Cushman & Wakefield

Rediff.com8 Jul 2025

Fuelled by the global capability centre (GCC) boom, gross leasing of office space across top eight cities soared 5 per cent to touch 21.4 million square feet (msf) in the second quarter of calendar year 2025, according to Cushman & Wakefield's Q2 India Office Market report.

Myanmar-linked arms smuggling racket busted in Manipur

Myanmar-linked arms smuggling racket busted in Manipur

Rediff.com6 Jul 2025

Security agencies in Manipur are investigating an arms smuggling racket originating from Myanmar, with potential nationwide implications. The probe follows the arrest of a senior leader from a Valley-based Insurgent Group (VBIG).

Rentals on rise: Robust office space demand set to benefit landowners

Rentals on rise: Robust office space demand set to benefit landowners

Rediff.com19 Aug 2025

Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.

Affordable Bank Cover: But Is It Enough?

Affordable Bank Cover: But Is It Enough?

Rediff.com11 Jul 2025

Banks offer a wide range of group insurance plans -- personal accident, health, hospital cash, home insurance, credit protection, and critical illness.

NIA, IB grill 'spy' Jyoti Malhotra; probe Pak, China visits

NIA, IB grill 'spy' Jyoti Malhotra; probe Pak, China visits

Rediff.com20 May 2025

Jyoti was among 12 people who have been arrested from Punjab, Haryana and Uttar Pradesh over the past two weeks on charges of espionage, with investigators pointing at an alleged Pakistan-linked spy network operating in north India.

A Showdown That Could Reshape India's Derivatives Market

A Showdown That Could Reshape India's Derivatives Market

Rediff.com20 Jul 2025

The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.

RBI's draft circular seeks to standardise gold loan regulations

RBI's draft circular seeks to standardise gold loan regulations

Rediff.com10 Apr 2025

The Reserve Bank of India (RBI) on Wednesday came out with comprehensive draft guidelines to harmonise and regulate gold loans across all financial entities, including putting a cap of 75 per cent on loan-to-value (LTV) ratio. The draft guidelines also aim to address concerns related to certain lending practices, provide clarity on specific aspects, and strengthen the conduct-related standards in the sector.

ICC creates fund for Afghanistan's displaced women cricketers

ICC creates fund for Afghanistan's displaced women cricketers

Rediff.com14 Apr 2025

Afghanistan had 25 contracted women cricketers in 2020, most of whom have resettled in Australia with humanitarian visas due to restrictions at home under the hardline Taliban government.

Delhi: Brother of man who supplied SIM cards to Pak spies held

Delhi: Brother of man who supplied SIM cards to Pak spies held

Rediff.com31 May 2025

Delhi Police has arrested another accused in connection with an ongoing investigation into an espionage racket linked to Pakistani intelligence operatives (PIOs), an official said on Saturday.

How Indira govt tried to control media during Emergency

How Indira govt tried to control media during Emergency

Rediff.com25 Jun 2025

'Skirmishes with officials in the Press Information Bureau were an everyday affair as the newspapers sought clearances from the media censors for publishing the next day's editions'

Not Just A Superwoman

Not Just A Superwoman

Rediff.com4 Jul 2025

Some of the suggested strategies include making thoughtful trade-offs between career choices and family responsibilities to avoid the guilt of not spending adequate time with elders and children at home; resisting the pressure to be a 'superwoman' by trying to manage everything alone; demanding, negotiating, and selecting jobs with flexible working hours; exploring work-from-home options; choosing an appropriate time for a career break; upskilling to re-enter the workforce after a break; and communicating openly with family members -- including spouse and in-laws -- about the support needed to grow professionally and the challenges faced at work, highlights N Ravichandran.

Airtel keen to tie up with Jio, VIL to fight fraud

Airtel keen to tie up with Jio, VIL to fight fraud

Rediff.com25 May 2025

Airtel has informed the government and regulator Trai that it has approached Reliance Jio and Vodafone Idea with a proposal for a joint initiative to unite the industry against rising telecom fraud and scams.

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

Rediff.com4 Jul 2025

The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.

Tesla Hits Indian Roads But Misses Mass Appeal

Tesla Hits Indian Roads But Misses Mass Appeal

Rediff.com29 Jul 2025

Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Rediff.com2 May 2025

Adani Enterprises Ltd (AEL) reported an over sevenfold year-on-year (Y-o-Y) rise in its consolidated net profit, attributable to the owners of the company, for the January-March quarter of 2024-25 (Q4FY25) due to an exceptional item gain. The conglomerate's net profit was recorded at Rs 3,844.91 crore, up from Rs 450.58 crore a year ago.

60% resolution plans under IBC okayed in 3 years: IBBI

60% resolution plans under IBC okayed in 3 years: IBBI

Rediff.com22 May 2025

As much as 60 per cent of all resolution plans under Insolvency and Bankruptcy Code (IBC) were approved in the last three years alone, with over 30,000 cases having an underlying default of Rs 13.8 trillion getting settled even before admission, according to data till December 2024 released by the Insolvency and Bankruptcy Board of India (IBBI).

Temasek gets CCI nod to buy minority stake in Haldiram

Temasek gets CCI nod to buy minority stake in Haldiram

Rediff.com20 May 2025

The Competition Commission of India on Tuesday approved Singapore's Temasek Holdings proposed acquisition of a minority stake in Haldiram Snacks Food. Temasek Holdings through its arm Jongsong Investments Pte is acquiring a stake in the target company.

Restaurants can't levy mandatory service charge on food bills: HC

Restaurants can't levy mandatory service charge on food bills: HC

Rediff.com29 Mar 2025

The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.

'Illegal Gambling Sites Are National Security Threat'

'Illegal Gambling Sites Are National Security Threat'

Rediff.com2 Jun 2025

'Illegal gambling operators are systematically exploiting India's advertising and payment infrastructure, siphoning off crores of rupees from outside the country.'

It Starts With A Casual Bet And Then...

It Starts With A Casual Bet And Then...

Rediff.com4 Jul 2025

In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.

2 spying for Pak official at High Commission in Delhi held

2 spying for Pak official at High Commission in Delhi held

Rediff.com11 May 2025

In a significant breakthrough, the Malerkotla Police apprehended two individuals for alleged involvement in espionage activities linked to a Pakistani official posted at the High Commission in New Delhi, said Punjab Director General of Police (DGP) on Sunday.

All conditions met: IMF defends $1 billion loan to Pakistan

All conditions met: IMF defends $1 billion loan to Pakistan

Rediff.com23 May 2025

The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.

How to Ensure Life Insurance Claims After Tragedy

How to Ensure Life Insurance Claims After Tragedy

Rediff.com17 Jul 2025

If nominees pass away, distribution is governed by succession laws of insured's religion.

Govt mulls nuclear energy law revamp to allow private sector entry

Govt mulls nuclear energy law revamp to allow private sector entry

Rediff.com19 May 2025

Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants.

Centre plans to list at least five RRBs by FY27-end

Centre plans to list at least five RRBs by FY27-end

Rediff.com24 May 2025

After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.

Homebuyers Beware: No Sale Agreement, No Legal Rights

Homebuyers Beware: No Sale Agreement, No Legal Rights

Rediff.com6 Jun 2025

Registering the agreement for sale remains the most reliable way for a homebuyer to secure their legal and financial interests.

Rana extradition: Sibal lauds UPA, NDA; says Pak role will become clearer

Rana extradition: Sibal lauds UPA, NDA; says Pak role will become clearer

Rediff.com11 Apr 2025

Rajya Sabha MP Kapil Sibal has congratulated both the previous UPA government and the current dispensation for the extradition of Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai attacks. Sibal expressed confidence that the extradition will shed light on the involvement of individuals within Pakistan's establishment in the attacks. Rana is being questioned by the National Investigation Agency (NIA) to uncover the full extent of the conspiracy behind the deadly 2008 terror strikes. Sibal highlighted the efforts of the UPA government in establishing the NIA and pursuing Rana's extradition, and also acknowledged the current government's success in bringing him back to India. The interrogation is expected to focus on Rana's potential ties to the Lashkar-e-Taiba (LeT) and his role in the Mumbai attacks.

AI 171 Crash: Insurance Cost: $475 Million

AI 171 Crash: Insurance Cost: $475 Million

Rediff.com1 Jul 2025

'$125 million for the hull and the remaining of over $350 million for liability.'

Dubai offers India Inc a low-tariff launchpad into EMs

Dubai offers India Inc a low-tariff launchpad into EMs

Rediff.com17 Apr 2025

Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president and chief executive officer, Dubai Chambers, at the Dubai-India Business Forum in Mumbai.

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Rediff.com16 May 2025

India's four listed Real Estate Investment Trusts (Reits) collectively distributed 13 per cent more funds to their shareholders in fourth quarter of financial year 2024-25 (Q4FY25) at Rs 1,553 crore on year, reflecting the growing strength of the sector fuelled by strong leasing activity, especially from Global Capability Centres (GCCs).

What Triggered Gopal Khemka's Murder?

What Triggered Gopal Khemka's Murder?

Rediff.com11 Jul 2025

The police claim businessman Ashok Sao paid Umesh Yadav Rs 400,000 to kill Gopal Khemka last Friday.