News for 'ILS'

Silent succession taking place in North Korea?

Silent succession taking place in North Korea?

Rediff.com29 Jun 2010

Though the name of Kim Jong-Un was absent from a list of 687 Supreme People's Assembly deputies elected in 2009, the 27-year-old was appointed to Parliament under the pseudonym of "Kim Jong", Dong-A Ilbo newspaper quoted a Western source informed in North Korean affairs as saying.

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

Rediff.com8 Oct 2020

It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.

Ravi Parthasarathy: The artful deal-maker

Ravi Parthasarathy: The artful deal-maker

Rediff.com4 Sep 2009

Acquiring Maytas Infrastructure could be his chance to show his organisation's ability to think big.

More pain in store for the Indian economy, says Goldman Sachs

More pain in store for the Indian economy, says Goldman Sachs

Rediff.com28 Aug 2019

The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006.

Hero Honda promoters pledge shares, raise Rs 2 bn

Hero Honda promoters pledge shares, raise Rs 2 bn

Rediff.com16 Mar 2011

The promoter of Hero Honda, Hero Investments Private Ltd (HIPL), has pledged further shares of the company to IL&FS Trust Company Ltd, raising an estimated Rs 200 crore (Rs 2 billion).

Maytas Properties crumbles

Maytas Properties crumbles

Rediff.com16 Dec 2009

Things went from bad to worse since December 2008 for people who purchased bungalows, villas and apartments at Maytas Hill County, promoted by Maytas Properties Limited (MPL) -- the company run by B Rama Raju (Jr), the younger son of Satyam Computer Services founder and former chairman B Ramalinga Raju.

Toni to quit as Nadal's coach after this season

Toni to quit as Nadal's coach after this season

Rediff.com13 Feb 2017

Rafael Nadal's uncle, Toni Nadal, will step down as his coach after this year's ATP Tour, as he feels he has been sidelined by other figures in the player's entourage, he told an Italian tennis magazine.

India Inc's Rs 1-trillion club shrinks in 2018

India Inc's Rs 1-trillion club shrinks in 2018

Rediff.com17 Dec 2018

Automobile company Tata Motors, metals and mining major Vedanta, oil marketing firm Bharat Petroleum Corporation (BPCL), private sector IndusInd Bank, and two-wheeler major Bajaj Auto have witnessed their market cap slip below the Rs 1-trillion mark this year.

Why stock brokers are an unhappy lot today

Why stock brokers are an unhappy lot today

Rediff.com26 Apr 2019

As share of cash volumes in trading mix sees decline, it will result in moderation of profitability from core broking operations.

Cyclone Laila: Army, Air Force storm into action

Cyclone Laila: Army, Air Force storm into action

Rediff.com20 May 2010

The Armed Forces have swung in to action to extend a helping hand to the civil administration in dealing with the situation emerging out of Cyclone Laila. With the severe storm crossing the coast, the Indian Army has moved three columns, each comprising 96 men, including doctors, from Hyderabad to the coastal districts.

Economic recovery still not well entrenched: RBI Guv

Economic recovery still not well entrenched: RBI Guv

Rediff.com16 Sep 2020

Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.

Welcome to the Wild West, Tamil-style!

Welcome to the Wild West, Tamil-style!

Rediff.com7 May 2010

Irumbukkottai Murattu Singam is a homage to the Wild Wild West and works for the most part.

2 directors recalled from Maytas board

2 directors recalled from Maytas board

Rediff.com4 Sep 2009

The government decided to withdraw its two nominees from the Maytas Infra board following the Company Law Board order handing over the reins of Maytas Infra, promoted by kins of disgraced founder of Saytam, R Ramalinga Raju, to IL&FS.

Would our leaders have done what Bill Clinton did?

Would our leaders have done what Bill Clinton did?

Rediff.com5 Aug 2009

Would any former prime minister have travelled to a rogue country to negotiate for the freedom of just two of its imprisoned citizens?

Bill Clinton gets journos released, leaves N Korea

Bill Clinton gets journos released, leaves N Korea

Rediff.com5 Aug 2009

"President Clinton has safely left North Korea with Laura Ling and Euna Lee," said Matt McKenna, spokesman for Bill Clinton. Clinton apologised to Kim Jong-Il for the behaviour of the two women journalists after which they were released, North Korea media reported.

India reports 6 cases of UK coronavirus strain

India reports 6 cases of UK coronavirus strain

Rediff.com29 Dec 2020

All these persons have been kept in single room isolation at designated health care facilities by respective state governments and their close contacts have also been put under quarantine, the ministry said.

Chimbudevan directs a new cowboy film in Tamil

Chimbudevan directs a new cowboy film in Tamil

Rediff.com20 Nov 2009

Chimbudevan who is back in Chennai after shooting the film extensively in unexplored locations, talks about his new film, Irumbukottai Murattu Singam.

Lenders decline seat on Maytas Infra board

Lenders decline seat on Maytas Infra board

Rediff.com28 Feb 2009

Three financial institutions--IDBI Bank, ICICI Bank and IL&FS Ltd--that have lent money to Maytas Infra informed the Company Law Board on Friday that they are not interested in board membership in the Hyderabad-based firm.

Maytas Infra bags Rs 790 cr ITNL project

Maytas Infra bags Rs 790 cr ITNL project

Rediff.com5 Nov 2009

Infrastructure development firm Maytas Infra on Thursday said it has bagged an order worth Rs 790 crore (Rs 7.9 billion) from IL&FS Transportation Networks Ltd (ITNL) for road construction work.

When Air India made a record Rs 1-crore profit a day

When Air India made a record Rs 1-crore profit a day

Rediff.com23 Jun 2016

This was achieved despite falling tourist arrivals post Babri Masjid demolition in December 1992.

Benito Mussolini was 'MI5's agent in Italy'

Benito Mussolini was 'MI5's agent in Italy'

Rediff.com14 Oct 2009

Italy's wartime dictator Benito Mussolini, credited with being one of the key figures in the creation of Fascism, was actually British spy agency MI5's 'secret agent,' de-classified documents have revealed.

Drones over Punjab: Need for offensive action

Drones over Punjab: Need for offensive action

Rediff.com15 Oct 2019

'If UAV technology is used by the adversary to target VIPs or strategic targets it would be a different ball game altogether,' says Group Captain Murli Menon (retd).

Agra to host Indo-US joint exercise in October

Agra to host Indo-US joint exercise in October

Rediff.com29 Sep 2009

A five-day joint exercise involving the Indian Air Force and the United States Air Force transport aircraft, Cope India-09, will be held at Agra from October 19.

The 'Bulldozer', India's Republic Day chief guest

The 'Bulldozer', India's Republic Day chief guest

Rediff.com26 Jan 2010

South Korean President Lee Myung-bak, whose rags-to-riches story is cited as case study across the world, will be the chief guest at the 60th Republic Day celebrations in New Delhi.

Commemorative Stamp honouring Manekshaw released

Commemorative Stamp honouring Manekshaw released

Rediff.com17 Dec 2008

President Pratibha Patil released a Special Commemorative Stamp in honour of Late Field Marshal Sam Bahadur Manekshaw at the Rashtrapati Bhavan on Tuesday.

2018: Year of reckoning for India Inc

2018: Year of reckoning for India Inc

Rediff.com28 Dec 2018

A glance back at some of the important ups and down Indian Inc faced in 2018.

India airlifts quake relief to China

India airlifts quake relief to China

Rediff.com17 May 2008

An IAF IL-76 plane carried the first consignment of tents, cutting machines, blankets, water purifiers, generators and other relief material to Chengdu, capital of worst-hit Sichuan Province on Saturday afternoon. The 36-tonne consignment, part of the $5 million humanitarian assistance pledged by India, was transfered to the affected areas immediately after its arrival, the Indian Embassy said in Beijing.

Maytas board to get 4 independent directors

Maytas board to get 4 independent directors

Rediff.com27 Feb 2009

The CLB principal bench, headed by chairman S Balasubramanian, has suggested the Maytas' board should retain its current board and also have government-nominated independent directors. The bench also hinted giving board representation to its lenders, IDBI Bank and ICICI Bank. However, it was against giving a board seat to IL&FS, as the financial institution had given loans to the promoters against pledging of shares.

Mumbai IT SEZ developers to raise Rs 1,000 cr

Mumbai IT SEZ developers to raise Rs 1,000 cr

Rediff.com20 Oct 2009

Sources familiar with the project said the SPV's promoters were looking at raising the additional capital to acquire up to 250 acres at Thane to complete the first phase of the SEZ project, for which IL&FS is an advisor. Inox Infrastructure Private Limited, a wholly-owned subsidiary of Gujarat Fluorochemicals Ltd, holds 50 per cent stake in Megnasolace.

Fixed-maturity plans to take a hit

Fixed-maturity plans to take a hit

Rediff.com5 Mar 2019

'Investors need to find out how the FMP's assets are distributed and ensure the investments are in high-quality names.'

DLF-led consortium sole bidder for Gurgaon metro

DLF-led consortium sole bidder for Gurgaon metro

Rediff.com11 Dec 2008

This is the second project in the country in which a metro rail project is being undertaken through a PPP model after the 71-kilometre Hyderabad metro project was won by Maytas Infrastructure. According to industry sources, infrastructure major Larsen & Toubro had also initially shown interest for the project, but backed out finally.

India to get Phalcon AWACS on May 18

India to get Phalcon AWACS on May 18

Rediff.com23 Apr 2009

India will get its first 'eye in the sky', the Phalcon Airborne Warning and Control Systems aircraft on May 18, which will provide the Indian Air Force means to track incoming missiles and look deep into the neighbouring countries without violating any air space.

Bonus payouts to fund managers to take a hit

Bonus payouts to fund managers to take a hit

Rediff.com13 Jun 2019

Fund managers's compensation is largely tied to the assets they manage and scheme performance.

Dewan Housing makes Rs 962 cr payment, to seek ratings upgrade

Dewan Housing makes Rs 962 cr payment, to seek ratings upgrade

Rediff.com11 Jun 2019

This payment of Rs 962 crore is inclusive of the Rs 500 crore DHFL received from exiting its entire stake in subsidiary firm Aadhar Housing Finance Ltd.

First look: A cowboy film in Tamil!

First look: A cowboy film in Tamil!

Rediff.com8 Apr 2009

Chimbudevan is back with his third Tamil film, Irumbukkottai Murattu Singam, a full length comedy starring Ragavara Lawrence, Padmapriya , Lakshmi Rai, Sandya, Sai Kumar and Nazzer.

Sensex on skid row, posts biggest single-session fall in 7 months

Sensex on skid row, posts biggest single-session fall in 7 months

Rediff.com24 Sep 2018

Monday saw the Sensex post its weakest closing since July 11 when it settled at 36,265.93. In the previous four sessions the index had lost 1,249.04 points.

India to airlift relief material to China

India to airlift relief material to China

Rediff.com15 May 2008

An Indian Air Force IL-76 medium-haul transport aircraft will leave New Delhi for Chengdu with 36 tons of tents and blankets as the first part of its pledged five-million dollar humanitarian assistance for relief activities in its Sichuan province devastated by a temblor, which claimed nearly 15,000 lives.

AWACS delivery delayed till March-end: IAF

AWACS delivery delayed till March-end: IAF

Rediff.com13 Feb 2009

The Indian Air Force will now have to wait till March end for Israeli airborne early warning system, whose induction has already been delayed by 16 months. "The Israeli Phalcon airborne early warning and control system (AWACS), which will provide the IAF an eye in the skies to perform surveillance and reconnaissance roles, will arrive in India only by March end," a senior IAF officer told PTI in New Delhi on Friday.

Up, close and personal with Rakesh Jhunjunwala

Up, close and personal with Rakesh Jhunjunwala

Rediff.com6 Feb 2019

Though he loves gambling, he cautions against undue risks and says non-professional investors like the salaried class should invest through the mutual funds route and keep aside not more than 10 per cent for self-investing.

Aamir's Ghajini role, in real life

Aamir's Ghajini role, in real life

Rediff.com8 Jun 2009

Siddhesh Jagtap, a Zee TV L'IL Champs contender from Indore, suffers from short term memory loss.