News for 'Information Memorandum'

Air India's new owner can sack staff

Air India's new owner can sack staff

Rediff.com30 Dec 2020

The new owner may be allowed to dispose of assets accruing from the 10-26 per cent of the net assets of the company.

Dalit woman dies after being raped, set afire in Rajasthan

Dalit woman dies after being raped, set afire in Rajasthan

Rediff.com8 Apr 2023

According to a complaint lodged by the woman's husband, Shakoor Khan broke into their home on Thursday and raped his wife when she was alone.

Revealed: How PM Planned Demonetisation

Revealed: How PM Planned Demonetisation

Rediff.com8 Nov 2022

November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.

Firm given task to repair Morbi bridge, reopened without nod: Civic body to HC

Firm given task to repair Morbi bridge, reopened without nod: Civic body to HC

Rediff.com17 Nov 2022

The civic body submitted the affidavit before a division bench of Chief Justice Aravind Kumar and Justice Ashutosh Shastri which is hearing a suo motu (on its own) case on the collapse of the bridge.

Air India bid deadline may be extended till Dec 15

Air India bid deadline may be extended till Dec 15

Rediff.com19 Oct 2020

To attract potential suitors, the government will ease asset valuation norms for Air India by allowing bidders to put in offers on an enterprise value basis, a source said on Monday. To begin with, the government is likely to further extend the deadline for putting in a preliminary expression of interest for the loss-making national carrier to December 15. The source said bids will be sought on an enterprise value basis - a popular valuation methodology for takeover deals.

Xi, Sharif listening, Modi says must condemn countries backing terror

Xi, Sharif listening, Modi says must condemn countries backing terror

Rediff.com5 Jul 2023

In his opening remarks at the virtual summit of the Shanghai Cooperation Organisation (SCO), Modi also said that some countries use cross-border terrorism as an instrument of their policy and the grouping must not hesitate to criticise them.

Ex-BPCL chief Arun Kumar Singh to head ONGC

Ex-BPCL chief Arun Kumar Singh to head ONGC

Rediff.com7 Dec 2022

Arun Kumar Singh, former chairman of oil refining and marketing company BPCL, was on Wednesday appointed chairman and managing director of ONGC -- the first instance of a retired person being appointed the head of a Maharatna PSU. "The Appointments Committee of Cabinet (ACC) has approved the proposal of ministry of petroleum and natural gas for appointment of Arun Kumar Singh, ex-CMD, BPCL as chairman, ONGC for a three-year tenure with effect from the date of his assumption of charge of the post," an official order said. PTI first reported of Singh's appointment on November 17.

Govt to snip red-tape in PSU sale approval, cut time frame by 90%

Govt to snip red-tape in PSU sale approval, cut time frame by 90%

Rediff.com7 Apr 2021

The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.

Defence PSUs to hold roadshows in Dubai, Abu Dhabi to woo investors

Defence PSUs to hold roadshows in Dubai, Abu Dhabi to woo investors

Rediff.com13 Sep 2022

Defence public sector undertakings (PSUs) have been asked by the Centre to hold roadshows in Dubai and Abu Dhabi to share their financials and business plans to reel in investors. Hindustan Aeronautics (HAL), Bharat Dynamics (BDL), Bharat Electronics (BEL), Garden Reach Shipbuilders & Engineers (GRSE), and Mishra Dhatu Nigam (MIDHANI) have informed stock exchanges that they will conduct investor outreach programmes and participate in 'non-deal' roadshows and meetings with prospective investors from September 12-15. They will share their short- and medium-term growth plans, financial metrics, improvement in their stock performance/ market capitalisation - and make a pitch of sorts to prospective investors.

Thousands of farmers gather in Delhi for mahapanchayat

Thousands of farmers gather in Delhi for mahapanchayat

Rediff.com22 Aug 2022

Farmers from across the states arrived at Delhi's Jantar Mantar on Monday early morning protesting over unemployment.

Persons with stake in the matter not entitled to file PIL, says SC

Persons with stake in the matter not entitled to file PIL, says SC

Rediff.com14 Oct 2021

An interested person is not entitled to file a public interest litigation, the Supreme Court has said while dismissing a plea against an order of the Karnataka high court which had rejected a petition on the issue related to pension to state information commissioners.

AAP MLA Amanatullah Khan arrested in graft case

AAP MLA Amanatullah Khan arrested in graft case

Rediff.com17 Sep 2022

The Anti-Corruption Branch on Friday arrested Aam Aadmi Party MLA Amanatullah Khan after conducting raids at premises linked to him in connection with alleged irregularities in the Delhi Waqf Board recruitment, officials said.

Should A Collegium Pick Election Commissioners?

Should A Collegium Pick Election Commissioners?

Rediff.com9 Dec 2022

The system of 'selecting' an election commissioner, which is before the Supreme Court, must be institutionalised.

Modi raises temple attacks, pro-Khalistan activities with Australian PM

Modi raises temple attacks, pro-Khalistan activities with Australian PM

Rediff.com10 Mar 2023

The matter came up for discussion during their wide-ranging dialogue that was aimed at expanding overall ties.

Governor has sent anti-NEET bill for President's okay, says Stalin

Governor has sent anti-NEET bill for President's okay, says Stalin

Rediff.com4 May 2022

The Tamil Nadu assembly bill seeking exemption to the state from the ambit of the National Entrance-cum-Eligibility Test has been sent to the Centre for presidential assent by Governor R N Ravi, Chief Minister M K Stalin said on Wednesday.

Bhima Koregaon: If Collector Had Acted On Time...

Bhima Koregaon: If Collector Had Acted On Time...

Rediff.com9 Jun 2022

'This shows how casually these officials approached a dispute simmering for years which finally erupted into violence.'

Govt seeks to improve disclosures by PSUs, asks for monthly data on capex

Govt seeks to improve disclosures by PSUs, asks for monthly data on capex

Rediff.com12 Sep 2022

The Centre is looking to improve disclosures made by public sector undertakings (PSUs), and has asked such companies to share monthly progress made on capital expenditure targets and corporate social responsibility (CSR) initiatives undertaken by them. New details such as gender-wise reporting of contractual workers, unused land, and profit share in joint venture companies have also been added in the list of disclosures. The Department of Public Enterprises (DPE), which publishes the Public Enterprises Survey and collects information for Memorandums of Understanding (MoUs) signed with PSUs, is looking to integrate data collected from government-owned companies.

Germany 'takes note' of Rahul's disqualification

Germany 'takes note' of Rahul's disqualification

Rediff.com30 Mar 2023

As Germany took note of Rahul Gandhi's disqualification from Lok Sabha, the Bharatiya Janata Party on Thursday accused the Congress of 'inviting foreign powers' for interference in India's internal matters and the Opposition party hit back, alleging that its rival was attempting to divert attention from the Adani issue.

Full office attendance for all central govt employees from Monday

Full office attendance for all central govt employees from Monday

Rediff.com6 Feb 2022

There will be no "work-from-home" option for any employee anymore.

Police foils BBC's Modi docu screening at Jamia, detains protesting students

Police foils BBC's Modi docu screening at Jamia, detains protesting students

Rediff.com25 Jan 2023

The university administration said the screening will not be allowed and that they are taking all measures to prevent people and organisations with a "vested interest to destroy the peaceful academic atmosphere of the university".

Air India sale likely in first half of FY21

Air India sale likely in first half of FY21

Rediff.com14 Feb 2020

The airline's 100 per cent shareholding in profit-making budget carrier Air India Express as well as 50 per cent shareholding in equal joint venture Air India SATS Airport Services would also be sold.

The turnaround story of India's largest steel maker

The turnaround story of India's largest steel maker

Rediff.com29 Dec 2020

The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The chairman said he also wants to see SAIL paying back at least 50 per cent of its debt in the near future. Chaudhary who had joined SAIL as a junior manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles.

Rising fuel prices may hit BPCL's divestment plan

Rising fuel prices may hit BPCL's divestment plan

Rediff.com26 Oct 2021

The divestment of Bharat Petroleum Corporation (BPCL) may hit a fuel price hurdle, according to officials dealing with the matter. They pointed out that the inconspicuous administered price regime could hamper the prospects for potential buyers of BPCL. A senior oil ministry official said public-sector oil-marketing companies (OMCs) take a hit when they sell petrol, diesel, and liquefied petroleum gas (LPG), three of the most popular petroleum products in the country.

Row over MP Congress leader's 'kill Modi' tirade

Row over MP Congress leader's 'kill Modi' tirade

Rediff.com12 Dec 2022

A senior Congress leader in Madhya Pradesh has made a controversial remark against Prime Minister Narendra Modi asking people to be prepared to "kill" Modi to save the Constitution and the future of minorities and Dalits.

Providing secret info to scribe 'criminal act': Rahul on Arnab chats

Providing secret info to scribe 'criminal act': Rahul on Arnab chats

Rediff.com19 Jan 2021

Providing official secret information to a journalist is a 'criminal act' and both the giver and the receiver will have to go to jail, Congress leader Rahul Gandhi said on Tuesday referring to the purported WhatsApp chats of Republic TV editor-in-chief Arnab Goswami doing the rounds of social media.

States can't administer new digital media rules, clarifies Centre

States can't administer new digital media rules, clarifies Centre

Rediff.com3 Mar 2021

The Centre has told all states and union territories that the power to administer the new rules on digital media publications has not been delegated to them, a day after the Union government overturned a Manipur district magistrate's order issued under the recently implemented guidelines.

Gujarat HC asks govt how Morbi bridge upkeep largesse went to Oreva

Gujarat HC asks govt how Morbi bridge upkeep largesse went to Oreva

Rediff.com15 Nov 2022

The Gujarat high court on Tuesday heard a suo motu public interest litigation (PIL) on Morbi bridge tragedy and asked the state government as to how no expression of interest was tendered, and how the 'largesse of the state' was given to an individual without floating a tender.

Ex-Bengal chief secy Alapan Bandyopadhyay may lose retirement perks

Ex-Bengal chief secy Alapan Bandyopadhyay may lose retirement perks

Rediff.com21 Jun 2021

The Centre has initiated 'major penalty proceedings' against former West Bengal Chief Secretary Alapan Bandyopadhyay, amid a tug-of-war between the Union government and the Mamata Banerjee dispensation over him, which may deprive him of post-retirement benefits, partially or fully.

Now hijab row at Uppinangady college in K'taka, 6 students suspended

Now hijab row at Uppinangady college in K'taka, 6 students suspended

Rediff.com3 Jun 2022

The Government First Grade College at Uppinangady on Wednesday suspended six students for a week, after the principal held a meeting with faculty members in this connection.

'Murder cases are extremely time sensitive'

'Murder cases are extremely time sensitive'

Rediff.com10 Oct 2022

'The greater the delay, the more the likelihood of crucial evidence being destroyed.'

Niti draft says pvt trains will have own guard, crew, fares

Niti draft says pvt trains will have own guard, crew, fares

Rediff.com8 Jan 2020

A slew of draft documents -- for Request for Qualification (RFQ), Concession Agreement Guiding Principles, Project Information Memorandum (PIM) along with a presentation on the salient features of the project -- for discussion on private participation in passenger trains have been uploaded by Niti Ayog on its website which outline the railways' plans of running 150 trains on 100 routes by private operators, envisaging an investment of Rs 22,500 crore.

Uma Bharti throws cow dung at liquor shop in MP town; not stone, she says

Uma Bharti throws cow dung at liquor shop in MP town; not stone, she says

Rediff.com15 Jun 2022

Senior Bharatiya Janata Party leader Uma Bharti threw cow dung at a liquor shop in Orchha town of Madhya Pradesh's Niwari district, amid her demand for total prohibition in the party-ruled state.

What's Soccer Legend Johan Neeskens Doing In Mumbai?

What's Soccer Legend Johan Neeskens Doing In Mumbai?

Rediff.com23 Aug 2022

Johan Neeskens, one of the finest midfielders football has seen, is in Mumbai this week in connection with the World Coaches Programme.

Deadline to bid for BPCL extended for 2nd time, till July 31

Deadline to bid for BPCL extended for 2nd time, till July 31

Rediff.com27 May 2020

While the Union Cabinet had in November last year approved the sale of the government's entire 52.98 per cent stake in BPCL, offers seeking expression of interest (EoI), or bids showing interest in buying its stake, were invited only on March 7. The EoI submission deadline was May 2, but on March 31 it was extended up to June 13. On Wednesday, the government said this deadline is further being extended up to July 31.

Gujarat bags Foxconn's Rs 1.54 lakh cr semiconductor project

Gujarat bags Foxconn's Rs 1.54 lakh cr semiconductor project

Rediff.com13 Sep 2022

A joint venture of the Indian conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn signed a memorandum of understanding with the Gujarat government on Tuesday to set up a semiconductor and display manufacturing unit in the state.

Who Will Mine The Lithium Reserves?

Who Will Mine The Lithium Reserves?

Rediff.com3 Mar 2023

Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.

US Worried About Security Leaks From India

US Worried About Security Leaks From India

Rediff.com9 Oct 2021

GSOMIA does not cover the exchange of classified information with Indian private industry. Washington wanted this covered too, given New Delhi's emphasis on the proposed 'strategic partnership' model of procurement.

No detention, stopping departure under lookout circular, rules Delhi HC

No detention, stopping departure under lookout circular, rules Delhi HC

Rediff.com4 Jul 2022

The Delhi high court on Monday said a citizen cannot be detained, arrested, or prevented from leaving the country under a Look Out Circular (LOC) unless suspected to be involved in the commission or facing investigation or trial for cognizable offences under the law.

4-day curfew in Amravati after fresh violence, internet shut

4-day curfew in Amravati after fresh violence, internet shut

Rediff.com14 Nov 2021

A mob hurled stones at shops during the bandh (shutdown) allegedly organised by local Bharatiya Janata Party workers in protest against the rallies organised by Muslim organisations the day before to condemn the recent violence in Tripura, police said.

Govt sweetens deal for potential Air India bidders

Govt sweetens deal for potential Air India bidders

Rediff.com20 Oct 2020

In a bid to resurrect Air India privatisation, the government is planning to give flexibility to potential investors to decide on the humongous debt with the national carrier, a top official has said. The flexibility to potential investors on the quantum of the Rs 60,074 crore debt that they want to absorb will replace the current condition of the buyer taking over more than a third of the debt and transferring the rest to a special purpose vehicle, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey said.