News for 'Letter of Credit'

India, Vietnam ink 7 pacts

India, Vietnam ink 7 pacts

Rediff.com15 Sep 2014

India and Vietnam on Monday inked seven pacts, including one to enhance cooperation in the strategic oil sector, as they called for "freedom" of navigation in the South China Sea, a remark which could irk China, which has been claiming territorial sovereignty over the high seas.

What Sonia, Obama spoke about at their meet

What Sonia, Obama spoke about at their meet

Rediff.com26 Jan 2015

Sonia Gandhi,Manmohan Singh and party leaders met Obama.

'This is an election gimmick'

'This is an election gimmick'

Rediff.com29 Aug 2018

'This is how Narendra Modi-Amit Shah rule. They are now announcing that these arrested Naxalites want to kill Modi.'

Supreme Court halts potential blackout in Delhi

Supreme Court halts potential blackout in Delhi

Rediff.com7 Feb 2014

The Supreme Court ordered state-run power producer NTPC on Friday not to disconnect power supplies to distribution companies in the capital New Delhi until March 26, averting a potential blackout next week.

'No possibility of any EVM being misused'

'No possibility of any EVM being misused'

Rediff.com22 Mar 2019

'EVMs are absolutely credible, they are robust.' 'It's only a calculator with certain instructions. And the sim card inside an EVM is burnt and cannot be reprogrammed.' 'Besides, the machines are circulated among various states. No machine is allowed to remain in one state after an election.' 'By far, it is one of the finest innovations India should be proud of.'

FIFA secretary general Valcke all but says he's leaving

FIFA secretary general Valcke all but says he's leaving

Rediff.com24 Jul 2015

Jerome Valcke, FIFA's often-outspoken secretary general, all but confirmed on Friday that he will be leaving his job when Sepp Blatter is replaced as president of world soccer's governing body next February.

Gorakhpur tragedy: Hospital principal suspended, PM monitoring situation

Gorakhpur tragedy: Hospital principal suspended, PM monitoring situation

Rediff.com12 Aug 2017

Tandon also assured of a high level probe into the multiple deaths, headed by the principal secretary. An action will be taken after a due report is taken out.

Nokia's plan to close Chennai plant sends a disturbing signal

Nokia's plan to close Chennai plant sends a disturbing signal

Rediff.com9 Oct 2014

Prime Minister Narendra Modi's desire to showcase India as a destination for manufacturing is well understood.

SpiceJet's saviour Ajay Singh: 40 firms, a dispute and some defaults

SpiceJet's saviour Ajay Singh: 40 firms, a dispute and some defaults

Rediff.com29 Dec 2014

SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.

Tax demands increase TCS contingent liability by Rs 4K crore

Tax demands increase TCS contingent liability by Rs 4K crore

Rediff.com14 Jun 2016

The 21st AGM of the company is scheduled to be held in Mumbai on Friday.

ULFA leader Anup Chetia to be handed over to India by Dec?

ULFA leader Anup Chetia to be handed over to India by Dec?

Rediff.com12 Sep 2013

The general secretary and a founder leader of the United Liberation Front of Assam, Anup Chetia alias Golap Barua who is now lodged in a Bangladesh jail because of his pending application for political asylum, now wants to come back to his birth place Assam where he wants to live for the rest of life.

'Is mobile banking as safe as net banking?'

'Is mobile banking as safe as net banking?'

Rediff.com28 Apr 2017

In an online chat with readers on April 27, Sameer Ratolikar, Chief Information Security Officer, HDFC Bank, answered readers' queries on how to secure their online banking transaction.

Alas, Kochhar is NOT kosher

Alas, Kochhar is NOT kosher

Rediff.com11 Feb 2019

'I am not surprised that hubris brought Chanda Kochhar down. It would appear that as a person she thought she could do no wrong and as a leader she considered herself above what her company demanded of others in terms of financial probity and honesty. That, my friends, is NOT a good way for a leader to feel,' says S Muraleedharan, former managing director, BNP Paribas.

'The scene in Bazaar is guaranteed to draw tears from stone'

'The scene in Bazaar is guaranteed to draw tears from stone'

Rediff.com2 Jan 2014

'Suddenly, a deafening silence surrounds us. Broken occasionally by the sighs of those who admired this consummate actor, this splendid human being, and trying to grapple with the impermanence of mortal life.' Rinki Roy Bhattacharya, legendary filmmaker Bimal Roy's eldest daughter, celebrates Farouque Shaikh's life.

Modi's action plan for start-ups: Up, up and away

Modi's action plan for start-ups: Up, up and away

Rediff.com19 Jan 2016

'Expectations were being built up about radical moves and the action plan did not disappoint.'

The RBI has lost credibility and needs a revamp

The RBI has lost credibility and needs a revamp

Rediff.com16 Jan 2017

'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'

Subrata Roy's saviour firm had capital of Rs 1 lakh, director in a chawl

Subrata Roy's saviour firm had capital of Rs 1 lakh, director in a chawl

Rediff.com26 Mar 2015

'A law firm checked credentials of Karan Ajit Judge and Nouam'

Students, don't travel abroad without these documents

Students, don't travel abroad without these documents

Rediff.com24 Mar 2017

Do you have an international driver's license?

For talks, Pak should commit to end terror: Rajnath

For talks, Pak should commit to end terror: Rajnath

Rediff.com22 Mar 2017

He said the Modi government was trying to take forward the initiatives taken by previous governments.

REVEALED: What went wrong with bank loans

REVEALED: What went wrong with bank loans

Rediff.com20 Jun 2018

'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.

As long as faith scores over reason, Paris will keep happening

As long as faith scores over reason, Paris will keep happening

Rediff.com17 Nov 2015

'Disgruntled, disillusioned, Muslim youth -- of whom there is no dearth, given the Muslim world's sorry state -- are ready to take on the might of the West and attack it in any way they can.' 'For them, it is their faith, and not the reasoning of Newton or Descartes that has stayed with them, sustained them through the misery their world had sunk into,' says Syed Firdaus Ashraf.

Many hits, some misses by Sebi under U K Sinha

Many hits, some misses by Sebi under U K Sinha

Rediff.com15 Feb 2017

The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.

Vijay Mallya: A man who knows the law too well

Vijay Mallya: A man who knows the law too well

Rediff.com3 May 2017

Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.

Lahore stopover: Modi heeds Washington's wishes

Lahore stopover: Modi heeds Washington's wishes

Rediff.com26 Dec 2015

'Clearly, the Modi government is proving to be far more willing than any previous government in Delhi to hitch India's wagons with the US' regional strategies.'

The Lady Behind Bollywood's BEAUTIFUL STORIES

The Lady Behind Bollywood's BEAUTIFUL STORIES

Rediff.com11 Sep 2019

Amazing stories about some of our best loved movies from Bhavani Iyer who wrote them.

'Acche Din' will soon be 'India Shining': Sonia on 2019 Lok Sabha polls

'Acche Din' will soon be 'India Shining': Sonia on 2019 Lok Sabha polls

Rediff.com10 Mar 2018

The Congress leader said democracy allows dissent and debate and not monologues in an apparent barb at Prime Minister Narendra Modi.

Rajan 2.0: What's on the table

Rajan 2.0: What's on the table

Rediff.com26 May 2016

In a recent article, Rajan has ridiculed critics of the exchange rate policy.

Rajya Sabha numbers on mind, BJP dials Jaya

Rajya Sabha numbers on mind, BJP dials Jaya

Rediff.com19 May 2014

BJP-led govt will need regional parties' support in Upper House to get legislation cleared. Archis Mohan reports

UBS India to lay off 50 employees

UBS India to lay off 50 employees

Rediff.com9 Jul 2013

UBS India, the domestic franchise of Swiss banking major UBS Group which last month surrendered its banking licence, has started laying off around 50 people, who are affected by the decision.

Kalmadi backs off, Chautala defiant; Ministry furious with IOA

Kalmadi backs off, Chautala defiant; Ministry furious with IOA

Rediff.com28 Dec 2016

"He has taken the decision to step aside. He had no idea that the IOA was going to do this yesterday and has declined any post till his name is clear," Kalmadi's lawyer Hitesh Jain told a TV channel.

FULL TEXT of PM's address to the nation

FULL TEXT of PM's address to the nation

Rediff.com31 Dec 2016

The patience, discipline, and resolve displayed by 125 crore Indians, will play a critical role in shaping the future of the nation for years to come, the PM said.

Sports Shorts: 'WADA didn't put money above clean sport on Russia'

Sports Shorts: 'WADA didn't put money above clean sport on Russia'

Rediff.com24 Sep 2018

A summary of sports events and persons who made news on Monday

How to make a life insurance claim

How to make a life insurance claim

Rediff.com11 Sep 2014

Insurance companies have worked over the years to simplify their claim settlement process

How best to remember George Fernandes?

How best to remember George Fernandes?

Rediff.com31 Jan 2019

'A fierce crusader against communalism, George joined hands with majoritarian forces, never to revisit or re-assess his saffron association.' 'He was a Union minister in 1998-2004, a time when people like Graham Staines were lynched in Orissa.' 'On the Gujarat pogrom of 2002, George went on to kind of justify the slashing of pregnant women, by saying in the Lok Sabha that this was nothing new for India.' 'Thus, he was in sharp contrast to what he had himself stood for in the heyday of his political career in the 1970s and 1980s, says Mohammad Sajjad.

A fraud that shattered the dreams of many...

A fraud that shattered the dreams of many...

Rediff.com10 Apr 2015

Now, it is life as usual in the merged entity, said an associate.

Govt plans to stop RIL from selling crude to Jamnagar refinery

Govt plans to stop RIL from selling crude to Jamnagar refinery

Rediff.com20 Aug 2014

Govt plans to stop RIL from selling crude to Jamnagar refinery.

Sports Shorts: Nishikori, Thiem shocked; Messi injured as Argentina lose

Sports Shorts: Nishikori, Thiem shocked; Messi injured as Argentina lose

Rediff.com23 Mar 2019

A summary of sports events and persons who made news on Friday

Sahara gets more time to raise bail to free boss

Sahara gets more time to raise bail to free boss

Rediff.com23 Mar 2015

The Supreme Court on Monday gave conglomerate Sahara another three months to come up with a final proposal to raise funds against its assets to secure bail for its founder Subrata Roy, who has been held in a New Delhi jail for more than a year. Sahara has made several failed attempts to raise $1.6 billion in bail money. Roy was jailed after Sahara failed to comply with a court order to refund billions of dollars to investors in a bond programme that was ruled illegal. The Supreme Court last week gave Sahara, a sprawling conglomerate that ranges from property to Formula One motor racing, a final chance to raise funds in order to bail out Roy. On Monday, the country's top court allowed Sahara to sell part of its Aamby Valley township outside Mumbai, which has luxury villas and a golf course, to raise funds.

Volkswagen's fate hangs in balance, will it face criminal charges?

Volkswagen's fate hangs in balance, will it face criminal charges?

Rediff.com23 Sep 2015

Volkswagen AG will probably have to show there was some legitimate reason to install software that led to false vehicle emissions tests.

The Events of 2018

The Events of 2018

Rediff.com27 Dec 2018

A glance back at some important events that occurred in 2018.