News for 'Letter of Credit'

More trouble for SpiceJet: DGCA might issue showcause notice

More trouble for SpiceJet: DGCA might issue showcause notice

Rediff.com9 Dec 2014

DGCA sources pegged SpiceJet's total dues at Rs 1,600 crore (Rs 16 billion), which the airline owes lessors, vendors, income-tax department and airport operators.

Nirav Modi fraud case: Original sin committed in UPA tenure, says Sitharaman

Nirav Modi fraud case: Original sin committed in UPA tenure, says Sitharaman

Rediff.com17 Feb 2018

Nirmala Sitharaman said Nirav Modi may have been able to run away from the country, but the government is taking action against him, and claimed that it will "surely nab him".

IBM CEO: Topic of jobs is the topic for every country I go to

IBM CEO: Topic of jobs is the topic for every country I go to

Rediff.com17 Feb 2017

Ginni Rometty, who is on Donald Trump's advisory committee, discusses the importance of an open workforce, work visas, and why India is a microcosm of all of IBM.

We must give Vibhishan his due

We must give Vibhishan his due

Rediff.com11 Apr 2020

Vibhishan was a seeker of justice who risked it all to be on the side of truth, says Sudhir Bisht.

EPFO dumps CSC Aadhaar services after data theft

EPFO dumps CSC Aadhaar services after data theft

Rediff.com3 May 2018

Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.

Lalit Modi resigns from RCA, says 'goodbye to cricket administration'

Lalit Modi resigns from RCA, says 'goodbye to cricket administration'

Rediff.com12 Aug 2017

Lalit Modi resigned as the president of the Nagaur District Association, marking an end to his presence in the Rajasthan Cricket body, which was banned by the Board of Control for Cricket in India for allowing the tainted administrator in its fold.

4 money lessons you can learn from President Barack Obama

4 money lessons you can learn from President Barack Obama

Rediff.com12 Mar 2015

Here's what the 44th President of the United States can teach you about making money.

'Mamata is clearly talking of appeasement'

'Mamata is clearly talking of appeasement'

Rediff.com24 Jun 2019

'I don't think the state administration has shown the resolve to enter Muslim neighbourhoods and arrest offenders in the last decade.'

Sahara says submissions to SC can't be subject of media trial

Sahara says submissions to SC can't be subject of media trial

Rediff.com25 Mar 2015

Sahara was to provide a bank guarantee from HSBC.

102 Not Out Review: Rishi Kapoor steals the show

102 Not Out Review: Rishi Kapoor steals the show

Rediff.com3 May 2018

'Rishi Kapoor is what sustains our interest when the humour evaporates and 102 Not Out slumps in a cesspool of soppy disclosures and exploited emotions.' 'The sequence where he walks down memory lane alone is testament to his artistic extensity.' 'No one makes the viewer vulnerable like Rishi,' says Sukanya Verma.

Best tips to ease your top-up loan burden

Best tips to ease your top-up loan burden

Rediff.com27 Jan 2015

By consolidating borrowings, the total EMI burden and interest cost can be reduced.

'Deeply pained', says dismissed foreign secretary Sujatha Singh

'Deeply pained', says dismissed foreign secretary Sujatha Singh

Rediff.com30 Jan 2015

Axed from the post of foreign secretary two days ago, a "deeply pained" Sujatha Singh on Friday hit back saying that stories were being "planted" in the media to tarnish her reputation after having served for 39 years.

Amex's elusive black card now in Indian pockets

Amex's elusive black card now in Indian pockets

Rediff.com10 Mar 2014

According to sources, a few hundred have been issued to Indian businessmen, celebrities and brand experts.

'I have lived on the edge for too long'

'I have lived on the edge for too long'

Rediff.com13 Sep 2017

'The stereotype of an actress is that she's dumb, somebody who will sit on your lap, giggle on stupid jokes, come to the van when she's being called, receive a call at 3am and come over to your house. So when a girl comes along and challenges this, people get uncomfortable.'

Want an education loan to study abroad?

Want an education loan to study abroad?

Rediff.com8 Apr 2019

The biggest challenge with public sector banks is the processing time, which is why starting early helps.

Yoga irrelevant without country-wide liquor ban: Nitish

Yoga irrelevant without country-wide liquor ban: Nitish

Rediff.com19 Jun 2016

"Yoga is a natural treatment process but liquor addicts cannot perform it. Yoga would be irrelevant unless a ban is imposed on sale of liquor across the country," the Bihar CM said at meeting in Palamau district.

Dazed by demonetisation twists? Read the new FAQ

Dazed by demonetisation twists? Read the new FAQ

Rediff.com28 Dec 2016

The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.

IL&FS board readies turnaround plan

IL&FS board readies turnaround plan

Rediff.com23 Oct 2018

JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward

New currency notes: What you must know

New currency notes: What you must know

Rediff.com9 Nov 2016

The government on Tuesday night announced that Rs 500 and Rs 1,000 will be no longer legal tender after November 8, midnight. Here are the details you need know

Manohar Parrikar: Defence minister with a difference

Manohar Parrikar: Defence minister with a difference

Rediff.com20 Mar 2019

'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).

BJP's Pramod Sawant takes oath as Goa CM at 2 am

BJP's Pramod Sawant takes oath as Goa CM at 2 am

Rediff.com19 Mar 2019

As per the power-sharing arrangement, Goa Forward Party chief Vijai Sardesai and Maharashtrawadi Gomantak Party MLA Sudin Dhavalikar will be the deputy chief ministers.

Employees colluded in LoU scam, PNB chief admits to ED

Employees colluded in LoU scam, PNB chief admits to ED

Rediff.com3 Mar 2018

According to ED sources Sunil Mehta said the fraud took place due to "systemic failure" and "procedural lapses", owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.

Villain, victim or scapegoat?

Villain, victim or scapegoat?

Rediff.com18 May 2018

'NiMo having skipped, the next best bet is a high-profile banker.' 'Ms Usha happens to be in the wrong place at the wrong time.' 'Ms Usha's crime? That's as thin as it gets.'

Jaitley colluded with Mallya, says Rahul; BJP hits back

Jaitley colluded with Mallya, says Rahul; BJP hits back

Rediff.com13 Sep 2018

The BJP threw a counter punch, claiming that the Gandhi family tried to help Mallya's floundering Kingfisher Airlines in 2011-12.

Vague repayment offers from Nirav Modi: PNB

Vague repayment offers from Nirav Modi: PNB

Rediff.com15 Feb 2018

PNB is fully committed to its clean banking policy. That is why we are the first one to detect and report this to the various law enforcement agencies," PNB's CMD Sunil Mehta said on Thursday.

Railways seek reimbursement for IRCTC service charge waiver

Railways seek reimbursement for IRCTC service charge waiver

Rediff.com10 Mar 2017

IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class

Sheena Bora case: Why did her lawyers give Indrani a drubbing?

Sheena Bora case: Why did her lawyers give Indrani a drubbing?

Rediff.com28 Feb 2020

Indrani dressed in a short purple kurta and leggings, with a bandhini green-purple chunni, sindhoor glowing in her mang, was receiving a drubbing from her lawyers for the facts she had revealed before the court on Tuesday while arguing the rejoinder to her bail application. She was insisting: "But he asked me for a motive!"

The half story-teller, half businessman

The half story-teller, half businessman

Rediff.com24 May 2017

Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.

Govt changes norm for widows' pension

Govt changes norm for widows' pension

Rediff.com24 Sep 2013

The Ministry of Personnel, Public Grievances and Pensions has received representations from various quarters to do away with the condition of applying for family pension through 'Form 14' as it was causing inconvenience to widows, who find it difficult and 'embarrassing' to present themselves before two gazetted officers or persons of repute for attestation.

How well is GST really doing?

How well is GST really doing?

Rediff.com2 Jul 2018

Is the curated and limited data put out by the central government sufficient enough to pass a judgement on the trend in GST collections, particularly that of the Centre?

'We want to prevent Pak from training Kashmiri youth'

'We want to prevent Pak from training Kashmiri youth'

Rediff.com13 Aug 2020

'It's a matter of great pride that no student of Army Goodwill Schools has ever joined terrorism.'

Russian city bans Yoga to stifle spread of religious cults

Russian city bans Yoga to stifle spread of religious cults

Rediff.com30 Jun 2015

At the centre of the crackdown are two studios holding classes for Hatha Yoga -- a set of asanas or postures involving deep breathing and tough physical exercises, which as per Hindu mythology was first practised by Lord Shiva.

How CM Modi showed us what PM Modi would be like

How CM Modi showed us what PM Modi would be like

Rediff.com28 Mar 2019

The expectation that Mr Modi would be a major reformer, capable of reinvigorating the Indian economy, were based on a complete misreading of both his actions and his performance as Gujarat chief minister, says Mihir S Sharma.

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

Rediff.com20 Feb 2018

The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.

India's First Surgical Strike

India's First Surgical Strike

Rediff.com6 Nov 2019

'Shastri told General Chaudhuri, 'I want to reach Lahore before they enter Kashmir'.' 'Today, many regard this initiative of Shastri as the first surgical strike.' A revealing excerpt from Dr Sandeep Shastri's Lal Bahadur Shastri: Politics And Beyond.

Dr Reddy's buys 8 US drugs from Teva, Allergan for $350 million

Dr Reddy's buys 8 US drugs from Teva, Allergan for $350 million

Rediff.com13 Jun 2016

The combined sales of the branded versions of the products in the US is about $3.5 billion.

How the govt plans to keep sugar price steady

How the govt plans to keep sugar price steady

Rediff.com7 Apr 2017

Government allows duty-free import of 500,000 tonnes raw sugar till June 12. At present, India levies an import duty of 40% on sugar

How to protect your online data from hackers

How to protect your online data from hackers

Rediff.com28 Jul 2017

Beware, it's not just criminals who want your data!

Indian Football Roundup: FC Goa seal play-off berth; Chennai in drivers' seat

Indian Football Roundup: FC Goa seal play-off berth; Chennai in drivers' seat

Rediff.com18 Feb 2019

FC Goa became the second Hero Indian Super League side to book their place in the play-offs after a convincing 3-0 win over Kerala Blasters FC in Margao Monday.

What makes this Patna girl India's Top Model

What makes this Patna girl India's Top Model

Rediff.com12 Sep 2016

Pranati Rai Prakash is a bundlehouse of talent.