News for 'Financial Establishments'

ED raids houses of RG Kar ex-principal, aides, detains one

ED raids houses of RG Kar ex-principal, aides, detains one

Rediff.com6 Sep 2024

Chattopadhyay was seen being taken out of his residence at Subhasgram in South 24 Parganas district around 2 pm by ED officials, who previously conducted search operations at the premises for over seven hours.

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Rediff.com18 Nov 2024

According to a recent CareEdge Ratings report, Bangladesh accounts for around 50-60 per cent of India's total medical tourism inflow

Rediff appoints Infibeam's Vishal Mehta as CMD

Rediff appoints Infibeam's Vishal Mehta as CMD

Rediff.com3 Oct 2024

Rediff.com, one of India's pioneering internet companies, on Tuesday announced the appointment of Mr Vishal Mehta as its new Chairman and Managing Director. This key leadership change follows Infibeam Avenues Ltd's acquisition of a majority stake in Rediff.com.

Licious gears up for IPO with new CFO, profit pursuit

Licious gears up for IPO with new CFO, profit pursuit

Rediff.com29 May 2024

Fresh meat and seafood delivery unicorn Licious is intensifying its talent acquisition endeavours as it pursues profitability and readies for an initial public offering (IPO) within the next 24 months. Delightful Gourmet, Licious' parent company, has named 39-year-old Karishma Gupta as its new chief financial officer (CFO). Her appointment aligns with Licious' drive for profitable growth through an omnichannel strategy.

How History Will Remember Dr Singh

How History Will Remember Dr Singh

Rediff.com1 Jan 2025

Manmohan Singh represented the finest aspects of India, asserts Aakar Patel.

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

Steel recycle mandate for automakers on the anvil

Steel recycle mandate for automakers on the anvil

Rediff.com11 Sep 2024

The environment ministry is likely to soon issue regulations that will mandate automakers to recycle a specified percentage of steel from old vehicles, starting from the next financial year, according to people familiar with the matter. "We recently held a meeting with members of the Society of Indian Automobile Manufacturers (Siam). "The final regulations are likely to be issued in the next 10 days," a government source informed.

Sunny skies await Indian aviation?

Sunny skies await Indian aviation?

Rediff.com23 Dec 2024

The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.

CBI names RG Kar ex-principal Sandip Ghosh in corruption FIR

CBI names RG Kar ex-principal Sandip Ghosh in corruption FIR

Rediff.com26 Aug 2024

The agency has slapped Section 120B of IPC (criminal conspiracy) read with Section 420 IPC (cheating and dishonesty) and Section 7 of Prevention of Corruption Act, 1988 (amended in 2018) which covers unlawful acceptance of gratification by a public servant.

'Zepto Is India's Fastest-Growing Internet Company'

'Zepto Is India's Fastest-Growing Internet Company'

Rediff.com2 Dec 2024

'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.' 'They like the execution that they see with Zepto, and for us, that is the most important factor.'

New Messi deal delayed by La Liga financial controls

New Messi deal delayed by La Liga financial controls

Rediff.com1 Jul 2021

Messi has no current contractual link with the Catalans after his deal expired on June 30

Stocks brokers to face 'financial disincentives' for tech glitches in their trading systems

Stocks brokers to face 'financial disincentives' for tech glitches in their trading systems

Rediff.com25 Nov 2022

Markets watchdog Sebi on Friday directed stock exchanges to impose "financial disincentives" on stock brokers for technical glitches at their end, amid instances of snags at the brokers' end impacting the overall trading system. Besides, the stock brokers would have to inform the bourses within one hour of any glitch happening in their trading sysstems as well as submit a preliminary incident report in one day. As part of tightening the regulations, Sebi also said that the bourses should disseminate on their websites the instances of technical glitches occurring in the trading systems of stock brokers along with the Root Cause Analysis (RCA) of such issues.

Why 64% MTech Seats Are Vacant in Indian Colleges

Why 64% MTech Seats Are Vacant in Indian Colleges

Rediff.com23 Jan 2025

The growing decline of MTech applicants in Indian colleges is due to multiple factors, including outdated curricula, poor return on investment and lucrative non-engineering alternatives, say experts.

Mutual fund industry on a high; asset surges Rs 17 lakh cr in 2024

Mutual fund industry on a high; asset surges Rs 17 lakh cr in 2024

Rediff.com24 Dec 2024

After a stellar 2023, the mutual fund industry sustained its growth momentum in 2024 with an impressive Rs 17 lakh crore surge in assets, driven by buoyant equity markets, robust economic growth, and increasing investor participation. Experts are predicting the positive trend will extend into 2025.

What To Do If You Get I-T Notice

What To Do If You Get I-T Notice

Rediff.com12 Aug 2024

'File all the supporting documents in response to the allegation since there is a possibility of the proceedings getting dropped at that stage if the reply is satisfactory.'

Financial stability, waste management top Delhi municipality's agenda

Financial stability, waste management top Delhi municipality's agenda

Rediff.com23 May 2022

According to senior officials, nine additional commissioners have been allocated departments and office spaces at different floors of the Civic Centre, while three deputy commissioners were also appointed.

Why's Naidu Visiting Delhi Again?

Why's Naidu Visiting Delhi Again?

Rediff.com17 Jul 2024

Unlike the previous visit, where TDP MPs accompanied Naidu to meetings, sources termed the current visit as "low profile", with one-on-one meetings with key Union ministers.

Plan Your Wedding Expenses Early

Plan Your Wedding Expenses Early

Rediff.com2 Aug 2024

'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Rediff.com3 Jul 2024

India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."

Paris Paralympic: Electrocuted as a child, Parmar wins historic judo bronze

Paris Paralympic: Electrocuted as a child, Parmar wins historic judo bronze

Rediff.com6 Sep 2024

India's Kapil Parmar produced a superlative performance, dominating his opponent from start to finish to record a 10-0 win in the bronze medal contest.

Sonam Wangchuk ends fast; govt to talk on Ladakh demand on Dec 3

Sonam Wangchuk ends fast; govt to talk on Ladakh demand on Dec 3

Rediff.com21 Oct 2024

The letter said the high-powered committee of the ministry, which was holding talks with representatives from Ladakh, will meet them next on December 3.

Naxals will be eliminated by 2026: Amit Shah

Naxals will be eliminated by 2026: Amit Shah

Rediff.com7 Oct 2024

Terming Naxals the biggest human rights violators, Union Home Minister Amit Shah on Monday said security forces have been carrying out 'offensive operations' instead of defensive against the insurgents and have achieved big successes in recent times.

Nirmalaji Ko Gussa Kyon Aata Hai?

Nirmalaji Ko Gussa Kyon Aata Hai?

Rediff.com31 Jul 2024

'The conspiracy is to end India's entrepreneurship culture even before it fully blooms.' 'Negativity is being spread in society towards all those who do business, and this hatred for business and wealth creators is spilling everywhere.'

Alibaba gets approval to establish private bank in China

Alibaba gets approval to establish private bank in China

Rediff.com29 Sep 2014

China's e-commerce giant Alibaba, which completed the world's largest initial public offering ever this month, has won approval from authorities in Beijing to establish a private bank as it diversify into financial services.

The financial world is a dangerous place

The financial world is a dangerous place

Rediff.com1 Apr 2020

Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.

Govt seeks Parl nod for additional Rs 2 lakh cr spend

Govt seeks Parl nod for additional Rs 2 lakh cr spend

Rediff.com5 Feb 2024

The supplementary demands for grants include a gross additional spending of over Rs 2 lakh crore, which would be matched by savings of over Rs 1.21 lakh crore.

Rise In Whistleblower Complaints In FY24

Rise In Whistleblower Complaints In FY24

Rediff.com17 Sep 2024

'The global median of whistle-blower complaints is 1.5 per cent of the total employees. India's reporting is far away from this average.'

Lionel Messi and Argentina to play in Kerala next year!

Lionel Messi and Argentina to play in Kerala next year!

Rediff.com20 Nov 2024

The Kerala government announced on Wednesday that the Argentina national football team, led by legendary player Lionel Messi, will visit the state next year for an international friendly match, which Chief Minister Pinarayi Vijayan hailed as a tribute to state people's passion for soccer.

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

Diving Champ Manjari Bhargava Passes Into The Ages

Diving Champ Manjari Bhargava Passes Into The Ages

Rediff.com9 Nov 2024

At just 12 and a half years old, Manjari won gold in diving at the 1968 national championship in Kanpur, competing against older athletes.

Selling Undivided Property? Read This

Selling Undivided Property? Read This

Rediff.com6 Nov 2024

'Ensure that all property-related documents are up-to-date.' 'Relying on outdated documents can create legal complications.'

What Are Dividend Funds?

What Are Dividend Funds?

Rediff.com12 Sep 2024

'For those seeking regular income, these funds provide a steady stream of income through dividends.'

Harsh Mander's NGO among 2 booked over financial irregularities

Harsh Mander's NGO among 2 booked over financial irregularities

Rediff.com20 Feb 2021

The Economic Offences Wing of the Delhi Police has registered a case against two NGOs in connection with financial irregularities, an official said on Saturday.

Firing should scare Salman: Bishnoi's brother to shooter

Firing should scare Salman: Bishnoi's brother to shooter

Rediff.com25 Jul 2024

"You will create history by doing this job and your name will be there in all newspapers and other media," it said, citing their conversation.

'Workplace safety key to get more women in labour force'

'Workplace safety key to get more women in labour force'

Rediff.com27 Aug 2024

International Monetary Fund (IMF) Deputy Managing Director (MD) Gita Gopinath has condemned the "terrible and disturbing" incident of rape and murder of a trainee doctor in Kolkata. "Personally, it is terrible to have any event of this kind. It is disturbing," she told Business Standard in New Delhi.

Who Will Be The Next SBI Chief?

Who Will Be The Next SBI Chief?

Rediff.com14 May 2024

'The FSIB will conduct interviews for the SBI chairman position on May 21-22 as the tenure of the current chairman Dinesh Kumar Khara is scheduled to end by August.'

Should You Invest In ESG Schemes?

Should You Invest In ESG Schemes?

Rediff.com21 Oct 2024

'A 20 per cent equity allocation to ESG funds is a good start.' 'As more evidence on ESG performance builds, investors may increase allocations.'

How To Claim Health Insurance Money

How To Claim Health Insurance Money

Rediff.com29 Jul 2024

Follow these steps to avoid last-minute surprises while claiming your mediclaim -- via cashless or reimbursement method, says P V Subramanyam

All We Imagine As Light Review: Ode To Hope, Humanity And Her

All We Imagine As Light Review: Ode To Hope, Humanity And Her

Rediff.com22 Nov 2024

Payal Kapadia's understanding of what it means to be a woman is as poignant as her authentic portrait of Mumbai's hoi polloi, observes Sukanya Verma.

Should Kampani be prosecuted?

Should Kampani be prosecuted?

Rediff.com22 Jan 2009

Can an independent director face criminal charges for the actions of a company well after he has quit?