News for 'International Contract Agency'

ED summons Praful Patel in UPA-era aviation scam

ED summons Praful Patel in UPA-era aviation scam

Rediff.com1 Jun 2019

The NCP leader said that he will be happy to cooperate with the ED so that the agency understands the "complexities" of the aviation sector.

COVID-19: India's tour of Zimbabwe called off

COVID-19: India's tour of Zimbabwe called off

Rediff.com12 Jun 2020

On Thursday, Sri Lanka Cricket announced that India's limited overs tour in June-July was postponed indefinitely.

Ronaldo to retire at Real Madrid?

Ronaldo to retire at Real Madrid?

Rediff.com29 Dec 2015

Cristiano Ronaldo will call curtains on his illustrious career at Real Madrid, according to the Portuguese international's agent.

China, Nepal to be linked by optical super-highway

China, Nepal to be linked by optical super-highway

Rediff.com24 Sep 2007

The fibre optic cable project contract, from Kathmandu to Khasa in China, was signed in the Nepalese capital on Sunday, Xinhua news agency reported.

How Tejas Mark 1A won a Rs 26,000 crore order

How Tejas Mark 1A won a Rs 26,000 crore order

Rediff.com24 Dec 2019

The IAF has demanded five new capabilities in the Mark 1A that would give it a clear combat edge over Pakistan's entire fighter fleet, and most of China's as well.

NCB was trying only to implicate Aryan Khan in drugs case, SIT finds

NCB was trying only to implicate Aryan Khan in drugs case, SIT finds

Rediff.com27 May 2022

The Narcotics Control Bureau's special investigation team has found "grave irregularities" and gaps in the probe of the Mumbai drugs-on-cruise case, with officials saying its first team that arrested Bollywood superstar Shah Rukh Khan's son Aryan did not follow rules like mandatory medical test of accused, video recording of the raids and corroborate evidence for WhatsApp chats.

Agusta middleman Christian Michel extradited to India

Agusta middleman Christian Michel extradited to India

Rediff.com5 Dec 2018

Michel was extradited in an operation under the guidance of National Security Advisor Ajit Doval, the Central Bureau of Investigation said on Tuesday.

AgustaWestland accused, lobbyist arrested after deportation from Dubai

AgustaWestland accused, lobbyist arrested after deportation from Dubai

Rediff.com31 Jan 2019

They said Rajeev Shamsher Bahadur Saxena wanted in the Rs 3,600 crore AgustaWestland VVIP choppers money laundering case and lobbyist Deepak Talwar wanted by the Enforcement Directorate and the Central Bureau of Investigation in a case of misusing over Rs 90 crore taken through the foreign funding route, were brought in a special plane to Delhi around 1:30 am.

CBI files FIR in Embraer deal; UK-based arms dealer named main accused

CBI files FIR in Embraer deal; UK-based arms dealer named main accused

Rediff.com21 Oct 2016

CBI sources said a case has been registered against UK-based NRI Vipin Khanna, whose named had also figured in another defence deal probed by the agency. They said the kickbacks were allegedly paid in 2009 through subsidiaries of Embraer via a Singapore based company which is owned by the middleman.

Telecom equipment from China to face fresh curbs

Telecom equipment from China to face fresh curbs

Rediff.com16 Dec 2020

Telecom equipment from China may face fresh curbs after the Cabinet on Wednesday cleared a proposal to secure telecom infrastructure by designating a "trusted source" for the purchase of equipment by service providers. Briefing reporters after the meeting of the Cabinet Committee on Security headed by Prime Minister Narendra Modi, Law, Telecom and IT Minister Ravi Shankar Prasad said a National Security Directive on Telecommunication Sector has been framed keeping in mind the national security.

Surging prices threaten to spoil India's coming-of-age gas party

Surging prices threaten to spoil India's coming-of-age gas party

Rediff.com17 Dec 2021

Around 15 years ago, when Reliance Industries (RIL) struck natural gas in the Krishna-Godavari (KG) basin off the east coast, the government made plans to supply that fuel cheaply to scores of generators that sprang up in India triggered by the discovery. Most of the plants, which account for 6 per cent of India's total generation capacity, operate sparsely after the KG-D6 area first failed to meet production targets, and then finally shut shop. Affordable domestic gas was why those thermal plants came up and the rate of the fuel today is why those generators hardly operate. Record liquefied natural gas (LNG) rates may yet again unravel India's ambitions to expand use of gas in industries, households and vehicles. Rates, while volatile, may stay strong this decade as developed nations with higher purchasing power embrace gas as the transition fuel.

Farm laws repeal: Who Won, Who Lost

Farm laws repeal: Who Won, Who Lost

Rediff.com30 Nov 2021

Prime Minister Modi has certainly pulled back, and his political capital -- dependent as it is on an image that he knows best and never retreats -- may have taken a bit of a beating. But, equally, it is hard to say that the protesters have 'won', argues Mihir S Sharma.

Russia dumps Capello as coach before World Cup finals

Russia dumps Capello as coach before World Cup finals

Rediff.com14 Jul 2015

The Russian Football Union (RFU) said on Tuesday it had ended its contract with national team coach Fabio Capello, three years before the country hosts the 2018 World Cup finals.

Amazon knocks on Sebi doors again over Future-RIL deal

Amazon knocks on Sebi doors again over Future-RIL deal

Rediff.com11 Jan 2021

E-commerce major Amazon has written to Sebi yet again, apprising the market regulator of the formation of the arbitration tribunal at SIAC while urging it to suspend the review of the Rs 24,713 crore Future-RIL deal. It has also filed an appeal with the division bench of the Delhi high court against the December 21 order of the single member bench, according to sources.

Coronavirus impact: India pull out of shooting World Cup in Cyprus

Coronavirus impact: India pull out of shooting World Cup in Cyprus

Rediff.com28 Feb 2020

The novel coronavirus outbreak has prompted India to withdraw from next month's shooting World Cup in Cyprus, the National Rifles Association of India (NRAI) revealed on Friday.

BPO backlash! US state nixes TCS deal

BPO backlash! US state nixes TCS deal

Rediff.com22 Nov 2003

A $15.2-million contract between a subsidiary of India-based Tata Consultancy Services and an American state agency has been cancelled, falling victim to politics in view of elections in the US next year.

Mobile phone production down 50% amid Covid-19 surge

Mobile phone production down 50% amid Covid-19 surge

Rediff.com12 May 2021

According to research firm IDC, a slowdown in smartphone shipments began showing up as early as late February, though companies insist that the March quarter was fine, albeit on a low base.

BCCI agrees to work with NADA, but...

BCCI agrees to work with NADA, but...

Rediff.com18 Mar 2019

The Indian cricket board will work with the National Anti-Doping Agency for a period of six months, while attaching another rider to the tripartite agreement along with WADA

Suarez joins Atletico from Barcelona; Di Maria banned

Suarez joins Atletico from Barcelona; Di Maria banned

Rediff.com24 Sep 2020

Atletico Madrid have signed striker Luis Suarez from Barcelona, the Spanish clubs said on Wednesday, bringing to an end his six-year stint at the Camp Nou.

Lodha relaunches $350-mn overseas bond sale plan

Lodha relaunches $350-mn overseas bond sale plan

Rediff.com6 Mar 2015

Bank of America Merrill Lynch and JP Morgan are bankers for the bonds

Delhi to be locked down from 6 am on Monday

Delhi to be locked down from 6 am on Monday

Rediff.com22 Mar 2020

Dairies, milk plants, grocery shops, chemists and petrol pumps, ATMs, e-commerce services of essential items like food and medicines will remain open, he said.

Italian court acquits ex-Agusta bosses of bribery charges

Italian court acquits ex-Agusta bosses of bribery charges

Rediff.com8 Jan 2018

Orsi was at the helm of AugustaWestland when the deal was struck and he is suspected of involvement in the payment of bribes.

Moody's cuts India's growth forecast to 9.3%

Moody's cuts India's growth forecast to 9.3%

Rediff.com11 May 2021

Moody's Investors Service on Tuesday slashed India's growth forecast for the current financial year to 9.3 per cent saying that the second wave of coronavirus infections hampers economic recovery and increases risk of longer-term scarring. Moody's, which has a 'Baa3' rating on India with a negative outlook, said obstacles to economic growth, high debt and weak financial system contrain sovereign credit profile. The US-based rating agency had in February forecast a 13.7 per cent economic growth for the current fiscal (April 2021-March 2022).

Covid-hit Chinese economy grows 4.9% in Q3

Covid-hit Chinese economy grows 4.9% in Q3

Rediff.com19 Oct 2020

China's economy, which suffered 6.8 per cent slump in the first quarter due to the coronavirus pandemic -- the worst in 44 years -- bounced back posting 4.9 per cent growth between July and September buoyed by the government's sweeping efforts to stimulate demand and consumption.

Exports expected to revive later this year:Moody's

Exports expected to revive later this year:Moody's

Rediff.com3 Aug 2009

The imports may recover faster, thnaks to a strong demand. "As global prospects are now improving, especially with the US economic contraction easing, India's exports may begin to recover later in the year," Moody's said in a statement.

Why finding COVID-19 vaccine won't be enough to end pandemic

Why finding COVID-19 vaccine won't be enough to end pandemic

Rediff.com13 May 2020

Medical experts have warned that the volume of vaccine available to fight the coronavirus or SARS-CoV-2 in coming years is expected to fall far short of global demand, despite an unprecedented effort to manufacture billions of doses.

Scientists made scapegoats in Antrix Devas case: Madhavan Nair

Scientists made "scapegoats" in Antrix Devas case: Madhavan Nair

Rediff.com12 Aug 2016

Nair blamed the then United Progressive Alliance government for the "hasty" decision to cancel the agreement with Devas

Embraer aircraft deal: CBI quizzes middleman for receiving commission

Embraer aircraft deal: CBI quizzes middleman for receiving commission

Rediff.com2 Mar 2017

The agency is probing the alleged payment of USD 5.70 million as commission to seal the deal, sources said.

Workers sue BAPS in US over alleged forced labour, wage law violations

Workers sue BAPS in US over alleged forced labour, wage law violations

Rediff.com12 May 2021

A group of Indian workers in the US have filed a lawsuit in a district court against the Swaminarayan sect BAPS, accusing it of human trafficking and wage law violations during the construction of a massive temple in New Jersey.

Fireball! NASA rocket explodes seconds after launch

Fireball! NASA rocket explodes seconds after launch

Rediff.com29 Oct 2014

An unmanned private rocket contracted by National Aeronautics and Space Administration to carry cargo into the space has exploded seconds after its launch along the eastern Virginia coast of the United States.

India looking to store oil in US, other commercially viable locations

India looking to store oil in US, other commercially viable locations

Rediff.com29 Sep 2020

India and the US had on July 17 signed a preliminary agreement for cooperating on emergency crude oil reserves, including the possibility of India storing oil in the US emergency stockpile.

Who Is RESPONSIBLE For The NSE Mess?

Who Is RESPONSIBLE For The NSE Mess?

Rediff.com22 Feb 2022

In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.

US guarded in response as India, Russia ink S-400 missile deal

US guarded in response as India, Russia ink S-400 missile deal

Rediff.com5 Oct 2018

CAATSA was aimed at Moscow and not intended to damage the military capabilities of its 'allies and partners', US said.

Agusta scam accused Rajiv Saxena extradited to India

Agusta scam accused Rajiv Saxena extradited to India

Rediff.com31 Jan 2019

Rajiv Saxena, an accused in AgustaWestland chopper deal scam, was extradited from Dubai, UAE, to India .

Barca sign Griezmann for 120m euros in dramatic transfer

Barca sign Griezmann for 120m euros in dramatic transfer

Rediff.com12 Jul 2019

France forward Griezmann, 28, rejected a move to Barcelona last year but announced in May he was leaving the Madrid side, where he has spent the last five seasons since signing from Real Sociedad in 2014.

As India watches, China grows powerful in Sri Lanka

As India watches, China grows powerful in Sri Lanka

Rediff.com8 Jun 2021

Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).

Football Briefs: Higuain undergoes medical at Milan, Bonucci at Juve

Football Briefs: Higuain undergoes medical at Milan, Bonucci at Juve

Rediff.com2 Aug 2018

News of all that's transpired on and off the football field

Cricket Buzz: Ganguly to miss MCC meeting after mother falls ill

Cricket Buzz: Ganguly to miss MCC meeting after mother falls ill

Rediff.com10 Aug 2019

Former India captain Sourav Ganguly, who is a member of the Marylebone Cricket Club World Cricket Committee, will skip its upcoming meeting at Lord's on August 11-12.

China's doing some serious digging in India's backyard

China's doing some serious digging in India's backyard

Rediff.com2 Mar 2017

Jiaolong, China's manned submersible, has descended to a depth of 3,117 meters in the northwestern Indian Ocean and collected variety of precious metals.

Will bullet train start running from 2023?

Will bullet train start running from 2023?

Rediff.com14 Jul 2020

Apart from land acquisition, another major cause for concern before the project is cost escalation owing to a fall in the rupee against the Japanese yen.