News for 'Letter of Credit'

Prime Minister Modi disapproves of Mufti's comments in RS

Prime Minister Modi disapproves of Mufti's comments in RS

Rediff.com3 Mar 2015

Breaking his silence, Prime Minister Narendra Modi on Tuesday disapproved of comments of Jammu and Kashmir Chief Minister Mufti Mohammad Sayeed giving credit to Pakistan, Hurriyat and militants for smooth conduct of Assembly polls, saying such a statement cannot be supported.

Question of corruption doesn't arise: Amit Shah on son's business deals

Question of corruption doesn't arise: Amit Shah on son's business deals

Rediff.com13 Oct 2017

The BJP chief also came down heavily on the Congress, which had seized on the report to attack him as well as Prime Minister Narendra Modi.

AGR woes: No decision on relief to telcos at crucial meet

AGR woes: No decision on relief to telcos at crucial meet

Rediff.com28 Feb 2020

Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.

Nothing is as painful as staying stuck, says Narayan Murthy

Nothing is as painful as staying stuck, says Narayan Murthy

Rediff.com16 May 2014

Calling Infosys' performance in 2013-14 "stellar", "laudable" and "creditable", the co-founder said the task ahead was "simple to state": Achieve sector-leading growth.

Why Owaisi's rise in Bihar is cause for concern

Why Owaisi's rise in Bihar is cause for concern

Rediff.com19 Nov 2020

Owaisi's five seats in Bihar's Muslim-majority Seemanchal region ought to ring alarm bells, observes Virendra Kapoor.

Will PMC Bank find salvation?

Will PMC Bank find salvation?

Rediff.com6 Mar 2021

Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer, observes Tamal Bandyopadhyay.

'Employees should enjoy coming to work every day'

'Employees should enjoy coming to work every day'

Rediff.com6 Apr 2018

What matters is the culture and the atmosphere of the workplace, and whether employees get treated fairly. 'It is also important for the employee to feel s/he is part of a winning team,' Credit Suisse's Mickey Doshi tells Niraj Bhatt.

Congress rakes up 'Rs 6,712-cr scam' to target Modi government

Congress rakes up 'Rs 6,712-cr scam' to target Modi government

Rediff.com1 Mar 2018

Surjewala alleged that Mehta and his family were allowed to leave India even when there were complaints pending against him with the CBI.

Sensex extends losses; metal, banks drag

Sensex extends losses; metal, banks drag

Rediff.com19 Feb 2018

The broader Nifty declined by 73.90 points, or 0.71 per cent, to end at 10,378.40.

IndiGo's boardroom battle lands in US courts

IndiGo's boardroom battle lands in US courts

Rediff.com18 Oct 2019

The genesis of the arbitration lies in a bitter public battle that began in July when Rakesh Gangwal wrote to capital market regulator Sebi alleging lack of corporate governance in the company. He alleged that Rahul Bhatia, who holds controlling power of the company, had used it to execute questionable related-party transactions.

Jaguar Land Rover CEO Ralf Speth's salary falls 42% in two years

Jaguar Land Rover CEO Ralf Speth's salary falls 42% in two years

Rediff.com4 Jul 2019

JLR, the maker of Jaguar F-Type and Range Rover Evoque, was a jewel in the crown of Tata Motors till two years back. But, it has been struggling because of the pending Brexit, a sharp contraction in sales in China, a shift in consumer preference from diesel to gasoline in Europe, higher taxes on diesel vehicles, and tightening regulations.

'Modi govt failed to understand or to tackle COVID'

'Modi govt failed to understand or to tackle COVID'

Rediff.com1 May 2021

As India logged a world record of over four lakh coronavirus infections on Saturday, Congress leader Rahul Gandhi said the entire world is shaken by what is happening here and accused Prime Minister Narendra Modi of "dropping the ball and throwing it to states" after prematurely taking credit for having "won against COVID-19" when the second wave was already underway. "Rely on yourself is the motto. No one will come to help you. Definitely, not the prime minister," Gandhi said, while alleging that the COVID-19 situation has gone completely out of control for the Modi government, and wondered whether it was their way of making the states and the citizens truly 'Aatmanirbhar'.

Bankers seek clarification from RIL on guarantee

Bankers seek clarification from RIL on guarantee

Rediff.com16 Oct 2009

NTPC was to open letter of credit in favour of RIL for an amount equivalent to a month's supplies.

10 Films that Amazed Me at Cannes

10 Films that Amazed Me at Cannes

Rediff.com26 Jul 2021

Aseem Chhabra lists 10 of his favourite films that played in various sections at the 74th Cannes Film Festival.

Govt's free trade policy will finally see daylight

Govt's free trade policy will finally see daylight

Rediff.com1 Dec 2017

Currently, the five-year FTP aims to raise total exports to $900 billion but targets may be reduced

BSES moves SC against NTPC notice to cut power supply

BSES moves SC against NTPC notice to cut power supply

Rediff.com6 Feb 2014

Reliance Group-owned power distribution companies in Delhi on Thursday approached the Supreme Court against NTPC's notice threatening to cut off power supply for not clearing outstanding dues.

EXPLAINED! How Kochhargate unfolded

EXPLAINED! How Kochhargate unfolded

Rediff.com20 Feb 2019

In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.

Ladakh: What the Raksha Mantri wants the army to do

Ladakh: What the Raksha Mantri wants the army to do

Rediff.com25 Jul 2020

Rajnath Singh believes it would be naive to see disengagement of the armies from the LAC as the end of the trouble. The defence minister has urged the defence forces to be ready for a long haul

The man behind NRC sports a smile and stays away from the media

The man behind NRC sports a smile and stays away from the media

Rediff.com31 Aug 2019

Drawing on his technological expertise, Hajela, who has a BTech degree in Electronics from IIT, Delhi, introduced an innovative mechanism for collecting and collating data of the family tree of every resident of Assam.

This is opening the door to mob rule

This is opening the door to mob rule

Rediff.com24 Dec 2019

'Once such conduct becomes legitimate through political and popular sanction, then the ordinary citizen will have no defences left,' warns Shyam Saran.

Yediyurappa sworn in as Karnataka CM for 4th time

Yediyurappa sworn in as Karnataka CM for 4th time

Rediff.com26 Jul 2019

Yediyurappa said he would decide on members to be inducted into the ministry after consulting party president Amit Shah.

Trump asked to stop using music from Harrison Ford thriller for campaign

Trump asked to stop using music from Harrison Ford thriller for campaign

Rediff.com27 Jul 2016

Gail Katz, the producer of the 1997 Harrison Ford thriller Air Force One says Donald Trump is using legendary composer Jerry Goldsmith's music without permission.

Football Focus: Bale will not leave Madrid, says agent

Football Focus: Bale will not leave Madrid, says agent

Rediff.com21 Jul 2020

News of all that transpired on and off the football field.

Jaane kahan gaye woh din...

Jaane kahan gaye woh din...

Rediff.com29 Aug 2018

Iconic RK memorabilia we'll miss!

Loan to Kingfisher: CBI names 5 IDBI Bank executives

Loan to Kingfisher: CBI names 5 IDBI Bank executives

Rediff.com10 Mar 2016

The CBI has shared its findings with the Enforcement Directorate.

6 smart tips to make secure payments online

6 smart tips to make secure payments online

Rediff.com4 Sep 2020

Do not trust any incoming phone calls or mails that ask you to install any file or programme, warns Niranjan Upadhye, general manager-fraud risk management, Worldline India.

2 key reasons why India's banking system is in a mess

2 key reasons why India's banking system is in a mess

Rediff.com30 Mar 2018

In the atmosphere created by the reaction to the PNB fraud and RBI's resolution framework, "don't lend, don't resolve" is bound to become the bankers' new mantra, says T T Ram Mohan.

US agency to give railways 26 lakhs bulbs free

US agency to give railways 26 lakhs bulbs free

Rediff.com5 Feb 2009

IRG will provide four CFL bulbs to each house in railway residential colonies free of cost and earn carbon credits by registering itself with the UN Framework Convention on Climate Change under Clean Development Mechanism project.

BJP will have to treat Nitish with kid gloves

BJP will have to treat Nitish with kid gloves

Rediff.com17 Nov 2020

Nitish Kumar will be the chief minister only till the time the BJP wishes, points out Ramesh Menon.

Tata Capital rebuts Mistry, says loan to Siva followed due process

Tata Capital rebuts Mistry, says loan to Siva followed due process

Rediff.com28 Oct 2016

The company said, due internal processes as applicable for sanctions of loans of such nature and value were followed

Why Gunjan Saxena's Great Theme Was Wasted

Why Gunjan Saxena's Great Theme Was Wasted

Rediff.com17 Aug 2020

The unfortunate thing is that the film will leave a poor impression of the IAF's and indeed of the armed forces's ability to handle sensitive social matters within their professional space, observes Lieutenant General Syed Ata Hasnain (retd).

Let's revive Air India's lost glory: CMD to employees

Let's revive Air India's lost glory: CMD to employees

Rediff.com12 Sep 2015

Air India is a brand, a brand symbolising the nation, especially amongst the Indian diaspora and travellers overseas.

It's the govt that is NOT ready to implement GST!

It's the govt that is NOT ready to implement GST!

Rediff.com29 Aug 2017

The confidence that GST Network is capable of handling the returns, payments, reconciliation, refunds, etc., has been badly shaken.

Don't write my obituaries yet: Rajan

Don't write my obituaries yet: Rajan

Rediff.com22 Jun 2016

To the question on what comes first, clean up or growth, Rajan said the answer is unambiguously 'Clean up!'

ATM woes: 'I still haven't received the money'

ATM woes: 'I still haven't received the money'

Rediff.com20 Jun 2016

Readers share their bitter-sweet experiences at the ATM.

Your personal finance guide to fight coronavirus

Your personal finance guide to fight coronavirus

Rediff.com17 Apr 2020

Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.

Review: Murder Mestri is paisa vasool fun. Twice over.

Review: Murder Mestri is paisa vasool fun. Twice over.

Rediff.com10 Jul 2015

The comedy is clean, simple, silly. Yet you long for more. And it keeps coming. Remember Andaz Apna Apna?

Coming for Trump: The Delhi Jinx!

Coming for Trump: The Delhi Jinx!

Rediff.com9 Mar 2020

Does an invitation to visit India bring bad luck to majoritarian demagogues? asks Rahul Jacob.

Want to buy a house? Now is the time!

Want to buy a house? Now is the time!

Rediff.com17 Jul 2020

'This is for the first time home loan rates have dropped below 7 per cent,' notes Tamal Bandyopadhyay.

A red signal that tells you to stop borrowing

A red signal that tells you to stop borrowing

Rediff.com23 May 2008

Debt to income ratio is a financial ratio that tells you when you have borrowed more money than you can repay. It's a like a red signal that tells you to stop borrowing.