News for 'H R Dave'

Adani-Hindenburg row: SC to hear Sebi's plea on extension of probe time on Tuesday

Adani-Hindenburg row: SC to hear Sebi's plea on extension of probe time on Tuesday

Rediff.com15 May 2023

The Supreme Court adjourned to Tuesday the hearing on a plea of the Securities and Exchange Board of India (SEBI) seeking extension of six months to complete a probe into allegations of stock price manipulation by the Adani group. The hearing on the market regulator's plea and PILs could not take place on Monday due to paucity of time and on account of scheduled hearing of certain matters before a special bench at 3 pm. A bench comprising Chief Justice D Y Chandrachud and justices P S Narasimha and J B Pardiwala on May 12 had said it would consider granting three more months to Sebi for concluding its probe into the allegations of stock price manipulation and lapses in regulatory disclosure.

Migrant videos: SC restrains TN from shifting YouTuber from Madurai jail

Migrant videos: SC restrains TN from shifting YouTuber from Madurai jail

Rediff.com21 Apr 2023

The Supreme Court on Friday directed the Tamil Nadu government not to shift YouTuber Manish Kashyap, arrested for allegedly circulating fake videos of migrant labourers being attacked in the southern state, from the Madurai central prison.

Did You Know Yogi Was A Football Fan?

Did You Know Yogi Was A Football Fan?

Rediff.com19 Dec 2022

FIFA Fever in India yesterday.

Sensex crosses 60,000-mark ahead of Budget

Sensex crosses 60,000-mark ahead of Budget

Rediff.com1 Feb 2023

Equity benchmarks climbed in early trade on Wednesday amid an overall positive trend in the global markets and ahead of the presentation of Union Budget 2023-24. The 30-share BSE benchmark Sensex jumped 516.97 points to 60,066.87. The broader NSE Nifty climbed 153.15 points to 17,815.30.

New bills propose death for mob lynching, rape of minor, sedition V2.0

New bills propose death for mob lynching, rape of minor, sedition V2.0

Rediff.com11 Aug 2023

Anyone endangering sovereignty or integrity of India may get a maximum punishment of life imprisonment while those involved in mob lynching and rape of minor may be given the maximum punishment of death sentence.

Lakhimpur case: SC seeks time schedule for conclusion of trial

Lakhimpur case: SC seeks time schedule for conclusion of trial

Rediff.com12 Dec 2022

The top court also asked the Uttar Pradesh government, which opposed the bail plea of Ashish Mishra terming the offence as 'grave', to file an affidavit with regard to the status of the second case filed over the killing of three occupants of the SUV, which allegedly mowed down the farmers.

WPL 2023: RCB rope in Australian Sawyer as head coach

WPL 2023: RCB rope in Australian Sawyer as head coach

Rediff.com15 Feb 2023

Ahead of the inaugural edition of the Women's Premier League, Royal Challengers Bangalore named Ben Sawyer as head coach.

Pendency of cases huge challenge: Outgoing CJI Ramana

Pendency of cases huge challenge: Outgoing CJI Ramana

Rediff.com26 Aug 2022

Terming pendency of cases a 'huge challenge', Chief Justice of India N V Ramana on Friday expressed regret for not being able to pay much attention to issues of listing and posting of matters for hearing in the Supreme Court.

Intimidation flagged: SC limits people at Lakhimpur trial court hearing

Intimidation flagged: SC limits people at Lakhimpur trial court hearing

Rediff.com13 Feb 2023

The Supreme Court on Monday said nobody except the accused, victims' representatives and their lawyers shall be present in the court conducting the trial in the Lakhimpur Kheri violence cases in which Union minister Ajay Kumar Mishra's son Ashish is among those facing prosecution.

New 5-judge SC bench to hear pleas against polygamy and 'nikah halala'

New 5-judge SC bench to hear pleas against polygamy and 'nikah halala'

Rediff.com20 Jan 2023

The Supreme Court on Friday said that it will set up a five-judge Constitution bench to hear pleas challenging the constitutional validity of polygamy and 'nikaah halala' practice among Muslims.

Mukesh Ambani all praise for Tata's Chandra

Mukesh Ambani all praise for Tata's Chandra

Rediff.com22 Nov 2022

Billionaire Mukesh Ambani on Tuesday showered lavish praises on Tata Group chairman N Chandrasekaran, saying he has scripted the salt-to-software conglomerate's spectacular growth in recent years. Sharing the dais with Chandrasekaran at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar, Ambani said Tata Group's gigantic steps in the field of renewable energy under his leadership are inspirational.

Ashes fate uncertain for Warner

Ashes fate uncertain for Warner

Rediff.com6 Apr 2023

Warner has struggled for runs in recent Tests, making a total of 26 in three innings in the recent tour of India before returning home injured.

Farmers have right to protest, but can't block roads indefinitely: SC

Farmers have right to protest, but can't block roads indefinitely: SC

Rediff.com21 Oct 2021

A bench headed by Justice S K Kaul said it was not against the right to protest even when the legal challenge is pending but ultimately some solution has to be found.

Why Did Govt Give ED Boss 3 Extensions?

Why Did Govt Give ED Boss 3 Extensions?

Rediff.com24 Jul 2023

'This move rendered the chiefs of important investigative agencies to the status of daily wage earners. It undermined the autonomy and independence of the agencies.'

Ambuja Cement, ACC say no shares pledged by promoter Adani group

Ambuja Cement, ACC say no shares pledged by promoter Adani group

Rediff.com2 Feb 2023

Adani group firms Ambuja Cement Ltd and ACC Ltd on Thursday said no shares of the companies have been pledged by the promoters, who have only provided a "non-disposal undertaking". In a joint statement to stock exchanges, Ambuja Cement Ltd and ACC Ltd termed as "misleading" reports of pledging of shares by the promoters as part of financing their acquisition. "Consequently, there are market rumours that amid market volatility, there is a requirement to meet the top-up triggers where in there is selling pressure," the statement said.

Taarak Mehta Actor Accuses Producer Of Sexual Harassment

Taarak Mehta Actor Accuses Producer Of Sexual Harassment

Rediff.com12 May 2023

A former member of the Taarak Mehta Ka Ooltah Chashmah cast has accused Producer Asit Kumarr Modi and two others of sexual harassment, a charge they denied, claiming she was let go from the show due to misbehaviour.

Chandrayaan-3: All set, for touchdown and history

Chandrayaan-3: All set, for touchdown and history

Rediff.com23 Aug 2023

India will become the fourth country to master the technology of soft-landing on the lunar surface after the US, China and the erstwhile Soviet Union.

HC dismisses govt appeal accusing Reliance of 'fraud'

HC dismisses govt appeal accusing Reliance of 'fraud'

Rediff.com9 May 2023

The Delhi high court has rejected a government challenge to an arbitration panel award that had ruled in favour of Reliance Industries Ltd in a dispute over gas migration from fields operated by state-owned ONGC in the KG basin. The government had slapped a provisional penalty of $1.55 billion on Reliance for "unjust enrichment" from gas migrating from the ONGC-operated KG-D5 block to the private firm's adjoining KG-D6 area. It had sought $175 million in additional profit petroleum from Reliance and its UK partner BP Plc.

Margins remain a pain point for organised FMCG supply-chain companies

Margins remain a pain point for organised FMCG supply-chain companies

Rediff.com16 Jun 2023

Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.

Sebi probe into Adani drew blank: SC-appointed panel

Sebi probe into Adani drew blank: SC-appointed panel

Rediff.com19 May 2023

An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.

Why Are Knives Out For Daniel Craig?

Why Are Knives Out For Daniel Craig?

Rediff.com17 Oct 2022

The former 007 returns as the queer detective Benoit Blanc in Netflix's Knives Out.

6 children die after mother throws them into well in Maharashtra

6 children die after mother throws them into well in Maharashtra

Rediff.com31 May 2022

The 30-year-old woman took the step after she was allegedly beaten up by the members of her husband's family, he said.

IndianOil top bidder for Reliance's KG gas for 2nd auction in a row

IndianOil top bidder for Reliance's KG gas for 2nd auction in a row

Rediff.com11 Jun 2023

Indian Oil Corporation (IOC), the nation's largest oil firm, has walked away with half of the natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of the fuel used to generate power, produce fertilizer, turned into CNG and used for cooking purposes. IOC got 2.5 million standard cubic meters per day out of the 5 mmscmd of gas auctioned last month, sources with knowledge of the matter said. The oil refining and marketing company, which was the top bidder even in the previous auction of gas from the eastern offshore KG-D6 block of Reliance-bp, bid the volumes on behalf of seven fertilizer plants.

Betting on India's growth, top steel firms in midst of big expansion plans

Betting on India's growth, top steel firms in midst of big expansion plans

Rediff.com18 Jul 2023

On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).

MGL slashes CNG price by Rs 8, PNG by Rs 5 in Mumbai

MGL slashes CNG price by Rs 8, PNG by Rs 5 in Mumbai

Rediff.com7 Apr 2023

Gail India subsidiary Mahanagar Gas (MGL) on Friday announced a steep reduction in the retail price of compressed natural gas (CNG) by Rs 8/kg and domestic PNG (piped natural gas) by Rs 5/SCM across its licenced area. The move comes on the heels of the Centre revising the pricing methodology of domestically-produced natural gas on Thursday as proposed by the Kirit Parikh committee and following it with the new price announcement earlier in the day. In February, the city gas distributor reduced its CNG price by Rs 2.5/kg but prices are still around 80 per cent more than those in April last.

'Modi remains deeply involved in every election the BJP contests'

'Modi remains deeply involved in every election the BJP contests'

Rediff.com9 Dec 2022

'The BJP while being in government in Gujarat continues to campaign like an Opposition party whereas the Opposition does the opposite.'

Only 41% of EVs FAME II scheme target achieved

Only 41% of EVs FAME II scheme target achieved

Rediff.com8 Jun 2023

As the government plans no further extension of the scheme beyond FY24, the task is to achieve the unfinished target of subsidising 914,707 EVs.

One-offs impacted Jan-Mar quarter, but FY24 likely to be better for ONGC

One-offs impacted Jan-Mar quarter, but FY24 likely to be better for ONGC

Rediff.com7 Jun 2023

ONGC's January-March quarter results for the 2022-23 financial year (Q4FY23) indicated changes in the trends of the energy cycle as well as the impact of policy change in gas-pricing. The public sector oil and gas major reported standalone Ebitda (earnings before interest, tax, depreciation and amortisation) at Rs 16,340 crore, down 12 per cent year-on-year (YoY), and down 20 per cent quarter-on-quarter (QoQ). There was a net loss of Rs 250 crore due to exceptional items of Rs 9,240 crore for provisions related to the ongoing dispute regarding the applicability of service tax and goods and services tax on Royalty.

NEET, Vishwakarma Scheme, And Tamil Angst

NEET, Vishwakarma Scheme, And Tamil Angst

Rediff.com28 Sep 2023

Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.

More upsides ahead for Coal India

More upsides ahead for Coal India

Rediff.com4 Apr 2023

Conflicting views on Coal India (CIL) might leave investors confused. The bullish perspective that India has strong power demand (and also high steel production) means high demand for coal. As CIL is the monopoly producer of coal -- supplying over 80 per cent of the domestic requirement - the public sector undertaking should be a beneficiary of the rising power demand.

Tomato Prices Increased By 1315%!

Tomato Prices Increased By 1315%!

Rediff.com12 Jul 2023

8 out of 10 households are planning to cut their tomato consumption if prices stay in the Rs 75-150 kg range over the next three months.

Where post-Godhra riot cases stand after Naroda Gam verdict

Where post-Godhra riot cases stand after Naroda Gam verdict

Rediff.com21 Apr 2023

Apart from the Naroda Gam case, seven other 2002 post-Godhra riots cases were investigated by the Supreme Court-appointed Special Investigation Team.

Kodnani, Bajrangi among 67 acquitted in Naroda Gam massacre case

Kodnani, Bajrangi among 67 acquitted in Naroda Gam massacre case

Rediff.com20 Apr 2023

A special court in Gujarat on Thursday acquitted all the 67 accused, including former Bharatiya Janata Party minister Maya Kodnani, in the 2002 Naroda Gam riots case in which 11 people were killed.

Wholesale price-based inflation eases to 19-month low of 8.39% in Oct

Wholesale price-based inflation eases to 19-month low of 8.39% in Oct

Rediff.com14 Nov 2022

The wholesale price-based inflation declined to a 19-month low of 8.39 per cent in October, on easing prices of fuel and manufactured items. This is the first time in 19 months that WPI inflation print has come in single digit. Last was in March 2021 at 7.89 per cent. Since April 2021, WPI inflation remained in double digits for 18 months with September print at 10.79 per cent.

Guardians of the Galaxy Volume 3 Review: Welcome back, Marvel!

Guardians of the Galaxy Volume 3 Review: Welcome back, Marvel!

Rediff.com5 May 2023

Guardians of the Galaxy Volume 3 makes you laugh, cheer, whistle and weep along with your favourite superheroes, applauds Mayur Sanap.

Ahmedabad Submerged

Ahmedabad Submerged

Rediff.com12 Jul 2022

Scenes from Ahmedabad following heavy rain.

Windfall tax on crude oil, export of diesel, ATF hiked

Windfall tax on crude oil, export of diesel, ATF hiked

Rediff.com3 Jan 2023

The government has raised the windfall profit tax levied on domestically produced crude oil as well as on the export of diesel and ATF, in line with firming international oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been increased to Rs 2,100 per tonne from Rs 1,700 per tonne, the order dated January 2, said. Crude oil pumped out of the ground and from below the seabed is refined and converted into fuel like petrol, diesel and aviation turbine fuel (ATF).

Dalmia Bharat to acquire cement assets of Jaypee

Dalmia Bharat to acquire cement assets of Jaypee

Rediff.com12 Dec 2022

Dalmia Bharat Ltd on Monday announced the acquisition of the cement assets of Jaypee Group's flagship company Jaiprakash Associates Ltd and its associate firms at an enterprise value of Rs 5,666 crore. In a regulatory filing, Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement Bharat Limited (DCBL) has entered into a "binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates Limited and its associate company." The deal includes a total cement capacity of 9.4 Million tones (MnT) per annum, along with clinker capacity of 6.7 MnT and thermal power plants of 280MW at an enterprise value of Rs 5,666 crore, it added.

SC stays Centre's ban on MediaOne news channel

SC stays Centre's ban on MediaOne news channel

Rediff.com15 Mar 2022

The bench left the question open on whether content of files on the basis of which the ban order was passed be given to the channel to enable it to defend itself.

Spies, Superstars, A Crazy Bear On OTT

Spies, Superstars, A Crazy Bear On OTT

Rediff.com14 Apr 2023

Watch Jubilee's concluding episodes. Radhika Apte is a housewife turned spy. Mithunda makes his OTT debut. Sukanya Verma lists her recommendations.